I like Jackson a lot, but not for $70M "fully guaranteed".
I mean, that's a whole lot and a whole lot fully guaranteed. I doubt it's quite THAT. But you get the idea. We might be the ones faced with two choices: Unprecedented market-setting money... or he walks. He's got an argument to be among the elite at the position, he's at the outset of a well-funded cap year, and so on.
So we like to do stuff like say "what if we could get him for not much guaranteed and give him an inventive laden deal with a hometown discount, that is what I would do," you know, cut the deal with our own fantasies.
On the other hand, sometimes there is sudden unpredictable low-end deals. I never claim to get what goes into it. I just think he's looking for top shelf money, and it's top shelf going into a player's market.
shrug. By the same token, maybe we'll open up the paper and see that we had to fully guarantee 30 or 40%, he somehow cost $15m apy, and he's okay with a "renegotiate if you decline" clause which I've never heard of existing but he would get it just to make the deal palateable for the board. I mean, I totally don't know what
will happen. I just know what everything I see implies will be the ask, and it seems like everything I see suggests the ask will be up there.
History makes me think we're not okay with it being up there. Sigh.
On the other other other hand, maybe Kraft's "new approach" goes beyond just the draft. And to clarify, I don't know whether I'd think of
that as good or bad. I'm just watching the facts gather.