$20 Million guaranteed for Thomas

[DefenseRules]

http://www.profootballtalk.com/rumormill.htm

THOMAS GOT $20 MILLION GUARANTEED

A league source tells us that the Patriots have given linebacker Adalius Thomas $20 million in guaranteed money, on a five-year deal worth a total of $35 million.

The guaranteed money, we're told, comes in the form of a signing bonus and a fully guaranteed option bonus.

Thomas signed with the Patriots on Saturday. It was for the Pats a rare example of aggressive pursuit of a high-end free agent.

 

[signbabybrady]

http://www.profootballtalk.com/rumormill.htm

is it just me or do these numbers keep going down. they started at 6 years 60 mil than went to 5 years 37 or 38 and now this says 5 years 35 mil.

 

[MoLewisrocks]

As Miguel often admonishes folks, the first reports of a deal are usually agent spin. In this case too the 6/$60 was just a lone mediots guess. Until you see the structure of a deal spelled out it's hard to tell what they entail. First 3 years money is usually the best indication of what a deal is as after that cutting the player may be more cap friendly than keeping him. But it sounds like Thomas like Brady and Seymour is on the pay as you go with little or no dead cap consequence plan. There may be some performance incentives in there that some count as deal while others dismiss as window dressing to puff up the deal a bit (like Pro Bowl or MVP or SP incentives). So maybe it's $35 that could reach $38 if he goes to to pro bowl and/or we reach the AFCC or SB.

 

[Canada's #1 Pats Fan]

Basically this deal averages out at $4 mill. per year cap hit (guaranteed).. More than likely probably won't see that remaining 15$ mill., IMO.

 

[PatsFanInVa]

I love this. Basically it's 20/5 years, plus actual salary on the back end, as the previous poster noted... whereas the 6/60 talk that came out first made it look pretty much like however you sliced it, the Thomas signing plus Asante's tag put us toward the end of the process immediately. They say there's still more to come in FA signings...

Fun fun fun!

PFnV

 

[mavfan2390]

Wow. What a steal. Leonard FREAKING Davis, a BUST at tackle got 18.75 guaranteed.

 

[PATRIOT64]

Remember guys,Quote per say of the media "The Patriots owner and FO are cheap bastards" :bricks:

 

[Patriotic Fervor]

Remember guys,Quote per say of the media "The Patriots owner and FO are cheap bastards" :bricks:

Some one here on this board has a tagline that quoted, "Giving Bill Belichick 30 million in cap space is like giving an empty syringe to Shawn Merriman. Expect massive results."

That was pretty much an accurate description of what's come down the road.