Delhomme signs extension.

I'm not really all the concerned about the the line. The only concern I have with the line is that they get players in place in time to gel before the season has started. LT is an upgrade with the movement of Gross. At RT I think we have about the same talent level as Steussie would have been had he been moved to RT rather than signing Meadows. So I look at the tackle positiona as a PUSH its about the same as last year. The biggest key I like Gross protecting Delhomme's blind side MUCH more than I did Steussie. While I liked him in his prime he was a revolving door last year. If Meadows lets ppl through at least Jake has time to react because he can see it coming a little better. Jeff Mitchell... he's Jeff Mitchell. As far as the Guards I think Claridge should hold down one spot and the other spot is up for grabs. IF Nelson can come back before camp he'll get first shot, but if he can he might just be out of the "starter" running from the get go. If that's the case Brzeznski will have his chance to prove it's his. I think his biggest competition will be holding off a veteran Rich Tylski actually. I know that sounds odd, but I think Tylski's come to play and I've said that for some time since his arrival. BUT if they decide they want to move Wharton to Guard I think he could win the job outright, but they look like they are looking at him more as a future tackle.

 

Gotta like the Brain, more optimistic then even me..

 

I'm comforted knowing they broke down the bonus into 3 parts, gives us some what of an insurance package should the unsinkable actually sink. I wish more contracts werre structured this way, Player gets his jack as long as he produces..

 

Hey Pitch, would you link (or post) the details of those "3 parts". The only breakdown of Jakes contract that I’ve seen so far was a way off the mark assumption that one of us pulled out of his pooper and posted. I always assume that anyone else here knows more about contractual stuff than I do . . . apparently not.

 

I guess it depends on how it was done - If it's, for instance, $5 mil initially, $4 mil, and $3 mil in consecutive years after that, then it doesn't give us a ton of option (taking the $4 mil bonus in year two, for instance, would cost us $1 mil per year...cutting him that same year would cost us $4 million and lose a player). But since it's a 5 year deal, it's probably structured roughly that way - meaning initially he'll have $1 mil prorated bonus money, and in year three and on, he'll have $3 mil per year.

That's a round-numbered way to do it, yes.

Or maybe they're counting roster bonuses in later years - a pair of $2 mil bonuses in 2006, 07 for instance, behind an $8 mil check now.

I'm also unclear of whether the contract starts now - in other words, did they add 5 years to this year, as I'd assume, making the initial bonus payable now (and making the investment in proration $833k)? I'd guess so, but not sure. I do know that it's a nice way of showing an intense amount of money over a short period of time (a la Jenkins' two year early extension) without necessarily paying it all over that short chunk.

 

prove my numbers wrong you dumb fuck... its simple fucking math

 

The proof will be known once the details are posted. Apparently your math is a little TOO simple and you aren't nearly as smart as you think you are. Expect some flack and try to take it like a man when you are questioned as possibly being wrong. Apparently, and according to others here that 12 mil signing bonus is not somehow simply subtracted and he is clearly not just going to be paid 4.3 million on average over the entire length of the contract. "Dumb fuck" or not at least I have gathered the 38 million dollar contract that has been reported so far would average more than 4.3 million. If you have some inside track and have a link or "proof" of your own then you should post that to support your case. If your numbers turn out to be correct then I will bow to your "superior intellect"



Your numbers, as presented -

>>>>
38,000,000
-12,000,000 (The signing bonus)
$26,000,000

(Divided by 6 years)
$4,333,333.33 Average yearly salary IF he hits all his incentives.

Yeah that's not a bad deal at all. I could figure the salary cap hit for this year out too if I could find out exactly what each year's salary is. I have a feeling this may have cleared a couple million up this year though. Considering he was originally costing the team the average of the new contract's salary.<<<<

 

I haven't heard from Ginger yet as to break downs, only that as the Steve Reed article suggested the bonus money would be paid in 3 sums and that the $12.0m total also included roster bonuses per year and off season work out bonuses.

 

Panthers jumped gun in Delhomme deal
June 17, 2004
By Pete Prisco
SportsLine.com Senior Writer

There are two words the Carolina Panthers should have considered strongly before giving Jake Delhomme the long-term extension they signed him to Thursday:

Tommy Maddox.

The Panthers obviously didn't consider that name because if they had there's no way they would have signed Delhomme to a five-year contract extension that could be worth a reported $38 million, with a $12 million signing bonus.

Delhomme had one year left on his current deal, and was scheduled to make $1.37 million this season. Coming off a season in which he led the Panthers to a Super Bowl, one might say he was woefully underpaid. But when he signed that two-year, $4 million deal as a free agent before the 2003 season, he had two NFL starts on his resume. His highlights came in NFL Europe, so it was fair-market value for a player of his ability.

And that's where the issue comes in. Does one good year, perhaps making him a one-year wonder, warrant a new deal of this magnitude? And was it really that good a year? His passer rating was only 80.6 and he threw 16 interceptions compared to 19 touchdowns.

Should the Panthers have waited until sometime during the season to see if Delhomme was the real thing? The thinking here is yes.

What's the rush?

The Steelers were faced with a similar situation with Maddox last year. He had come out of nowhere -- he actually came from working at his insurance business and then the XFL -- to become a feel-good story of 2002. That season, he helped lead the Steelers into the playoffs as he rejuvenated what was once supposed to be a golden career.

Naturally, there was talk last year about how he was underpaid, that it was time for the Steelers to give him a long-term contract extension, do the right thing and wipe out his low-paying contract.

Pittsburgh wisely did not.

The Steelers went 6-10 last year and Maddox didn't play as well as he had the year before. Sure, the offensive line wasn't as good and the running game struggled, but he was not the same player.

One-year wonder?

The Steelers must think there's some truth to that since they went out and drafted Ben Roethlisberger in the first round of this year's draft. What if they had given that long-term extension to Maddox last summer?

Delhomme's situation is different. For starters, he had just this year left on his contract, so free agency would have been an option if the Panthers could not get a new deal done if he does play well again. The franchise tag is also there to keep him around if he played well and new deal could not get worked out.

Delhomme is also younger than Maddox, which means something, but not as much as you would think. Maddox is 33, Delhomme 29.

The Panthers had a magical season last year, one where it seemed that everything went right. But the offensive line is now more of a concern than last year, and teams will be gunning for the NFC champs every week. That changes things in a big way. Ask division foe Tampa Bay.

There will be none of that sneak-up-on-the-other-guy stuff this season.

That's why waiting to give the quarterback a new deal makes sense. What happens if the Panthers get off to a 1-4 start and Delhomme is struggling? Won't they regret this move? Wasn't it a summer ago when he was the team's No. 2 quarterback, failing to beat out Rodney Peete for the job?

Heck, there was even talk that Chris Weinke outplayed him last summer, and only at the insistence of offensive coordinator Dan Henning did the Panthers not go with Weinke.

Let's say Carolina does not sign Delhomme to this new contract. Is that a big deal? This is a guy who was happy to have a starting job a year ago. He isn't going to sit out or grumble or moan and become a distraction.

Under that scenario, if he plays well his value goes up, but not much more than the deal he signed Thursday.

The risk-reward isn't worth it for the Panthers.

We're all for players getting as much as they can, especially nice guys like Delhomme, but this one calls for a head scratch.

As one team's front-office exec said last week, "We hope they give him that new contract. It's a mistake."

"Wow," said another team's front-office exec Thursday after hearing about the deal.

Credit the Panthers for being proactive, but this is a gamble through and through. Call it the tale of two Toms. Will Delhomme be the next Tommy Maddox or the next Tom Brady, a quarterback who has disproved any one-year wonder talk, winning a second Super Bowl last year?

Or is this Delhomme contract simply another case of Tom-foolery?

Check back in six months. We'll all know the real answer then. For now, he's Jake the Rake, taking in a big, fat pot of winnings.

Is it a bluff, or does this guy really have the hand to win?

http://images.sportsline.com/u/partners/aol/index.html?http://www.sportsline.com/

 

So that 12 mil signing bonus is definitely part of the 38 million and will count against the cap, correct? If so, are there any loopholes that you are aware of that are likely to make Jakes contract less than the 7 million plus per yr that it would appear to be over the length of the contract if fulfilled? Aside from the possibility of restructuring or not reaching incentives and the like . . .