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Titans offering Manning a contract "for life", possible partial ownership...
Posted on 3/15/12 at 2:54 pm
Posted on 3/15/12 at 2:54 pm
quote:
Titans owner Bud Adams has offered Peyton Manning a contract “for life.” As crazy as it sounds in the salary-cap era, it can happen.
Per a source with knowledge of the league’s procedures, Manning and the Titans would be required to sign two contracts: one for the work as player, and one for the job as a non-player. The second job would have to be a “real job,” and the wages for the second job would have to represent fair market value. Manning would have to actually perform the duties of the job after his playing career ends.
quote:
To the extent that the contract “for life” would entail purchasing a portion of the team, there would be salary cap implications. Before getting to that point, the transaction would have to be approved by a vote of the 32 owners.
LINK /
Interdasting. That would be a pretty tough offer to pass up.
Posted on 3/15/12 at 2:55 pm to THRILLHO
Well, that puts a wrap on it
Posted on 3/15/12 at 2:56 pm to THRILLHO
It's probably the most genius offer possible considering the circumstances. Peyton is invaluable on the ffield and off the field post career as far as tennessee goes.
Posted on 3/15/12 at 2:56 pm to THRILLHO
HAHA jesus that's pathetic.
I love it
I love it
Posted on 3/15/12 at 2:59 pm to THRILLHO
So the Cowboys and Redskins couldn't front load contracts in an uncapped year but the the Titans can do this shite?
Posted on 3/15/12 at 2:59 pm to THRILLHO
I'm not sure the owners would agree to this. If they do agree then all the stars are going to want deals like this. Opens up a big arse can of worms if you ask me.
Posted on 3/15/12 at 3:00 pm to saintsfan22
welcome to nashville peyton
Posted on 3/15/12 at 3:00 pm to THRILLHO
Bud Adams
Old man still has it!!!!
Old man still has it!!!!
Posted on 3/15/12 at 3:01 pm to THRILLHO
Read this yesterday, and I pretty much conceded him then.
They sure did go all in...
They sure did go all in...
Posted on 3/15/12 at 3:02 pm to THRILLHO
That 95% chance he ends up in Denver just shot down
Posted on 3/15/12 at 3:04 pm to TTsTowel
how insanely desperate do you have to be to offer up a piece of the ownership of the team for a 38 y/o QB that's coming of neck surgery?
buddy boy wants to win one before he kicks the bucket, which legitimately could be any second now...
buddy boy wants to win one before he kicks the bucket, which legitimately could be any second now...
Posted on 3/15/12 at 3:07 pm to HT713
quote:
buddy boy wants to win one before he kicks the bucket, which legitimately could be any second now...
"Sign the deal, and I'll have my lawyer open my will on Microsoft Word, and find/replace my daughters' names with 'Peyton Manning'."
Posted on 3/15/12 at 3:10 pm to HT713
quote:
how insanely desperate do you have to be to offer up a piece of the ownership of the team for a 38 y/o QB that's coming of neck surgery?
buddy boy wants to win one before he kicks the bucket, which legitimately could be any second now...
Probably won't look so crazy if he brings them to the Superbowl. They'll win the division, at least, if they sign him. It's not like they are trying to sign Jimmy Clausen here.
Posted on 3/15/12 at 3:10 pm to HT713
quote:
for a 38 y/o QB that's coming of neck surgery?
To be fair, he turns 36 this month and, if healthy, should have a couple of really productive years ahead of him.
Posted on 3/15/12 at 3:11 pm to THRILLHO
quote:
"Sign the deal, and I'll have my lawyer open my will on Microsoft Word, and find/replace my daughters' names with 'Peyton Manning'."
google image bud adams daughter, you see a lot of peyton manning.
Posted on 3/15/12 at 3:11 pm to AlexLSU
yeah but still, a piece of the team for MAX 5 years on the field?
Posted on 3/15/12 at 3:11 pm to HT713
quote:
yeah but still, a piece of the team for MAX 5 years on the field?
I'm pretty sure they aren't going to give him 5% or anything like that.
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