05-18-2010, 06:42 PM
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#21
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Third String But Playing on Special Teams
Join Date: Nov 2007
Location: Norton, MA
Posts: 730
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Re: Speculation: Mankins may ask for the biggest contract for a guard in league histo
NFP has this assessment of the Evans deal.
Quote:
Evans was clearly a priority for the Saints and that was expressed to him as soon as the last confetti was thrown from the Super Bowl win.
The deal
The contract is for seven years and totals 56.7M. With an 8.1M average, it surpasses Faneca by $100,000 as the highest APY for a guard. It contains 19M of guaranteed money, although no guaranteed money after this year. It has 25.6M in the all-important category of money over the first three years.
Positives for Evans
It is the highest average per year for a guard and the second-most guaranteed for a guard to Faneca, and Faneca was an unrestricted, first-day free agent with much more leverage.
The deal is over 14% higher in APY than the deals for Hutchinson, Steinbach and Davis, although those deals are a bit outdated, and almost 12% more than the average for Snee.
The best part of the deal for the player is that he will receive 19M in the next seven months. Evans will receive a guaranteed salary of 7M this year and a signing bonus of 12M paid as follows:
4M on May 15
6M on July 15
2M on January 15, 2011.
For a team that has previously complained about cash flow and has a crucial negotiation coming with Drew Brees (tied to what the Colts do with Peyton Manning), this was a strong point in Evans favor.
Positives for the Saints
They have their right guard under contract for the probably the rest of his career with an extremely valuable length of seven years. The top-of-market average for guards will certainly go up over the next few years while Evans remains under contract.
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On guard: the Evans deal | National Football Post
19M paid over the first 7 months is ridiculous money. It's not like the Pats to pay 19M in the first 7 months of a contract although a front loaded deal something like 8-10M guaranteed the first year with 3-4M for 2 payments in years going forward IF he remains healthy and able to play (maybe tie it to a % of plays incentive). That way if he has a career ending injury the Pats would be off the hook.
5 years, 35M
Year 1. 8M + 4.2M
Year 2. 4.2M
Year 3. 3M + 4.2M (3M based on ability to play)
Year 4. 4.2M
Year 5. 3M + 4.2M (3M based on ability to play)
Total = 35M with 12.2M in the first year. Option for a 6th year.
(Damn it's fun spending Mr. Kraft's money.)
This may open a can of worms with the contracts of Koppen et al, however.
Last edited by chevss454; 05-18-2010 at 06:43 PM..
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