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I have been saying that we should count the current year in determining the APY of the deal.DaBruinz said:Because it talks about NEW money only. You are acting like Chayut in thinking that you should count in the current contract money with everything else. That's not how it works. Not in ANY negotiation.
The CBA has always said that "For the purposes of the Salary Cap, any signing bonus given in connection with a contract extension entered into before the expiration of the player’s existing contract will be prorated over the remaining years of the unexpired contract together with its extension."Because that is the wonderful semantics of the NFL and the league CBA. Its how everything has worked up until now. Just because some garbage wannabe agent and a hack sportswriter want to twist things around doesn't mean that we should let them.
Call that semantics. I consider it a rule.
The standard contract has this clause in it which is probably updated for the 21st century.
"
COMPENSATION. For performance of Player’s services and all other promises of Player, Club will pay Player a yearly salary as follows:
$__________________________for the 19_____season;
$__________________________for the 19_____season;
$__________________________for the 19_____season;
$__________________________for the 19_____season;
$__________________________for the 19_____season."
The standard contract has always listed how many seasons the contract covered.
So, Borges and Chayut are just following established tradition in using 2006 in their APY value.
Why??I think your assessment is inaccurate yes.
Miguel, this is beneath you. Pulling out statements and making up garbage that are totally off track.
If you do not want to be called out on your characterization of my opinions, then do not belittle them.
I'm willing that I am right and if you ask ANYONE who negotiateas a contract that they will tell you that, with an extension, you include the current year when determining the APY of the deal.Sorry, Miguel, I'm willing to bet that I am right and if you ask ANYONE who negotiates a contract they will tell you that, with an extension, you talk about NEW MONEY.
Is it a 4-year deal???It is precisely because it is paid in advance that I consider it a 4-year deal. It is part of a new contract that will cover 4 seasons and have its 2006 signing bonus cost amortized over 4 years.It is a 3year/18.75 million a year deal with a cash advance of $4 million. Just because its paid in advance, it doesn't change the fact that its part of the 3 year/18.75 million extension. Its not part of his current contract. That is why you wouldn't consider the extension 3 years and 14.75 million.