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When does a 4 year extension last for 3 years?

Discussion in 'PatsFans.com - Patriots Fan Forum' started by PromisedLand, Apr 14, 2006.

  1. PromisedLand

    PromisedLand Virtual Internet Person

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    The media has been reporting that Seymour's extension is for 4 years. But he was already under contract for 2006, and from what I am reading (see other threads on the nflpa site, miguel's site, and here) the new contract will only keep him a Patriot through 2009. How is that a four year "extension"? Can someone please explain this to me? Miguel? Anyone?

    (For background, this is from the Cafardo article the above link takes you to)

  2. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    #75 Jersey

    IMO, rule number #1 for fans in free agency is to discount the early reports of a contract. They are often puffed up by agents and/or front office people or reported incorrectly by the media.
  3. fgssand

    fgssand PatsFans.com Supporter PatsFans.com Supporter

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    #17 Jersey

    Are we still in early stages in your opinion - or do you feel the latest reports are accurate. That said - in your opinion and analysis - what is the deal??
  4. PromisedLand

    PromisedLand Virtual Internet Person

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    Yes, but didn't Seymour himself allude to being with the team for another 5 years in a radio interview yesterday?

    See radio interview transcript here, in which he says:

    and

    Last edited: Apr 14, 2006
  5. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    #75 Jersey

    We are no longer in the early stages. Once the NFLPA.org site provided RS's salary numbers and Adamjt13 gave his contract details, we know now what the deal is.
  6. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    #75 Jersey

    If we go by what Seymour actually said and not implies, he himself confirms that this deal is a 4 year deal. The first quote implies that RS will be a Patriot in 2010 but does not actually say it.
  7. hwc

    hwc Rookie

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    Miguel:

    If the $18 million option bonus were written to trigger an additional year (2010), would the salary for the additional year even show up on the NFLPA salary list at this time? Or would the salary for 2010 only show up when the option is actually exercised?

    Seems to me that in that scenario, 2010 doesn't really exist until the option is exercised. I don't know if that's the way it could work, but it would be an explanation that reconciles the conflicting reports.

    Of course, history shows that the most likely possibility is that the media simply got it wrong in their initial reports. That's usually the case!
  8. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    #75 Jersey

    In the past, the salaries for the additional years would show up on the NFLPA salary list. See Brady's deal. I see no reason why this practice would change.
  9. hwc

    hwc Rookie

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    Yeah, I was thinking of Brady's option bonus deal when I asked if it would even be possible. My guess is that there may be a way to word an option that keeps additonal years off the books until an option is exercised, but that we never a see a contract like that because teams are usually looking for as many years of proration as possible.

    The good news is that Seymour is locked up thru 2009.
  10. AdamJT13

    AdamJT13 Rookie

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    In almost every case, when a player's contract is extended, the media reports the length of the extension as the number of years in the contract, regardless of how many years already existed. If a player's contract expires after 2007 and he extends it through 2011, the media almost certainly would report it as a "six-year, $XX million extension" -- even though it was extended by only four years.

    For example, Terry Glenn had been under contract with Dallas through 2007. He extended it through 2010. The media reported it as a "five-year" extension --

    http://sports.yahoo.com/nfl/news?slug=ap-cowboys-glenn&prov=ap&type=lgns

    "Glenn signs five-year, $20 million contract extension"



    http://sports.espn.go.com/nfl/news/story?id=2386321

    "Glenn signs five-year, $20M deal with Cowboys"

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