Do Will Smith (and the other guys) still get some of the contract money for this coming year, even though they've been cut?

If not, what the hell is the incentive for these older guys to put so much compensation on the back-end when they will be cut anyway? It makes zero sense to me?

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Posted by kyledavis

Member since Nov 2013

734 posts

Posted on 2/13/14 at 8:37 am to Tigerstark

They get whatever money is guaranteed in the contract. I think the belief is that they renegotiate their contract to spread out the cap hit but they receive more guaranteed money. I think it is sort of a win/win if structured correctly.

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Posted by goatmilker

Castle Anthrax

Member since Feb 2009

64156 posts

Posted on 2/13/14 at 8:39 am to Tigerstark

LINK

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Posted by mindbreaker

Baton Rouge

Member since Dec 2011

7632 posts

Posted on 2/13/14 at 8:41 am to Tigerstark

quote:
Do Will Smith (and the other guys) still get some of the contract money for this coming year,

yes and it I believe what they get will count against the cap. That's why when you here the term guaranteed it matters more in the NFL. They are getting the guaranteed money regardless and that money is usually frontloaded or back loaded depending on the situation with the player

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Posted by Tigerstark

Parts unknown

Member since Aug 2011

5973 posts

Posted on 2/13/14 at 8:44 am to goatmilker

Thanks guys - that make some sense, but also seems like most contracts are meaningless then.

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Posted by Patrick O Rly

y u do dis?

Member since Aug 2011

41187 posts

Posted on 2/13/14 at 8:53 am to Tigerstark

Meaningless in what way? Guarantee money is just the most important number. Players still make more than their guaranteed money each year with roster/workout bonuses.

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Posted by elprez00

Hammond, LA

Member since Sep 2011

29360 posts

Posted on 2/13/14 at 9:26 am to Patrick O Rly

quote:
Guarantee money is just the most important number

Yep. Thats pretty important to most guys, especially older players.

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Posted by Mouth

Member since Jan 2008

20952 posts

Posted on 2/13/14 at 10:20 am to Tigerstark

quote:
If not, what the hell is the incentive for these older guys to put so much compensation on the back-end when they will be cut anyway?

as previously mentioned. it's all about guaranteed money. they are given a lump sum of guaranteed money today... in doing so, their yearly salary is reduced and stretched out.

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