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Message
Kamara's contract isn't what it seems.
Posted on 9/16/20 at 12:02 pm
Posted on 9/16/20 at 12:02 pm
In fact, it's much closer to what many expected.
Not all the numbers are out, but enough to piece things together.
First is that only about $18 mil is fully guaranteed. So the other $16 mil is only currently guaranteed for injury. This is a good bit less than the $30 mil fully guaranteed McCaffrey got.
Of that $18 mil, $15 mil is signing bonus which can be spread a max of 5 years. It seems they wanted it to start counting this year so that 2025 would have no dead money (currently; they may adjust things later). The rest is his salary for this year (about $1 mil) and next year ($2 mil).
And the $25 mil in 2025 is completely for vanity's sake. He will never earn that as he'll be reworked or cut well before.
So this really breaks down to a 5 year, roughly $52 mil deal if you count this year, or a 4 year, $48 mil deal if not.
So in truth he is making either about $10-12 mil depending on if you count this year or not.
Not all the numbers are out, but enough to piece things together.
First is that only about $18 mil is fully guaranteed. So the other $16 mil is only currently guaranteed for injury. This is a good bit less than the $30 mil fully guaranteed McCaffrey got.
Of that $18 mil, $15 mil is signing bonus which can be spread a max of 5 years. It seems they wanted it to start counting this year so that 2025 would have no dead money (currently; they may adjust things later). The rest is his salary for this year (about $1 mil) and next year ($2 mil).
And the $25 mil in 2025 is completely for vanity's sake. He will never earn that as he'll be reworked or cut well before.
So this really breaks down to a 5 year, roughly $52 mil deal if you count this year, or a 4 year, $48 mil deal if not.
So in truth he is making either about $10-12 mil depending on if you count this year or not.
Posted on 9/16/20 at 12:08 pm to bonethug0180
Thanks for breaking that down.
Posted on 9/16/20 at 1:15 pm to bonethug0180
Most fans have no clue how any of this works no matter how many times i post it. I’m no GM but the cap isn’t some crazy thing to understand. Random fans just see the total of a contract then decide to just freak out. It’s all about the guarantees and how it’s structured. When i saw the guaranteed money i knew we got a good deal like you mentioned. If it is structured the way you showed (i just haven’t seen it yet) then it’s a hell of a deal and the saints can trade away or get out from under that contract if and when need be
Posted on 9/17/20 at 11:28 am to bonethug0180
Hard to believe someone named “bonethug” could provide such eloquent analysis.
Posted on 9/17/20 at 11:37 am to bonethug0180
I tip my cap to the OP and the Saints Front Office on this one.
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