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re: Nasty Nick Fairly done?

Posted on 6/8/17 at 3:44 pm to
Posted by bbrownso
Member since Mar 2008
8985 posts
Posted on 6/8/17 at 3:44 pm to
quote:

there's no "settlement" that's going to be less than his "guaranteed" part of his contract. 8 or 9 mill i believe but i'm not a capwiz.

Actually, for retired players, there is the so-called "Barry Sanders rule."

Basically, the signing bonus is upfront money for performance in future seasons. If Fairley retires, the Saints can collect the signing bonus back. Now deals can be worked out or the Saints can decide to eat the money, but if the money is returned, there should be a salary cap credit for the team.

So, I think it would be fair for the Saints and Fairley to agree to a return of $6,000,000 for the future years under the signing bonus in exchange for his base salary ($1,000,000) and this year's portion of the signing bonus ($2,000,000). All in all, Fairley would have been paid six million for 1 year's worth of games for the Saints while the Saints get some refund from the contract.

I could give a more concrete answer but I don't feel like reading the CBA again.
Posted by tubucoco
las vegas, nevada
Member since Oct 2007
32994 posts
Posted on 6/9/17 at 10:13 pm to
A signing bonus is a signing bonus, they ain't getting that money back.
Posted by Tiger Prawn
Member since Dec 2016
21967 posts
Posted on 6/12/17 at 12:20 pm to
quote:

Actually, for retired players, there is the so-called "Barry Sanders rule."


Apples and oranges. Barry Sanders was completely healthy and retired because he didn't want to play football (at least not for the Lions) anymore. Fairly is getting multiple opinions hoping to get better news, but if he's forced to retire it'll be medically related, not because he doesn't want to play.

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