[News] Joe Flacco Discusses Upcoming Contract Negotiations

[rmcjacket23]

What you dont realize@rmcjacket23,...is the QB is getting their full money in total...just in guaranteed money upfront, so its better for both player and team.. so that cap hit goes from 30 mil..down to 15 million avg yrly

And what you don't understand is that you can't have an average cap hit of $15M per season over a long term deal unless the player is averaging $15M per season or less.

You can give him a $50M signing bonus and prorate it over 5 years if you want, but that means he'd have to agree to have salaries of like $5M a year every year after year 1 in order to average a 15M a year cap number. No player would agree to that for obvious reasons.

[rmcjacket23]

I'd imagine he'll get a handsome signing bonus, too, which will again inflate the average cap numbers, which the team will spread out as they seem appropriate.

I'd suspect his next deal will look a lot like the old one, just with the cap hit more "flattened" to avoid the major increases year over year.

His existing deal still averages $20M roughly in average cap hit, but we structured it low for 3 years and high for 3 years. My guess is the goal is to flatten it out.

[ravens4life86]

@rmcjacket....if you get your way Ravens will be without. Like John Eisenberg just said, QBs go into these contracts knowing 2-3 years later these things gotta be reworked. They are in partnership with their respective football teams. If you want to be successful you gotta be team friendly.

Or get the boot. Im pretty sure Joe isnt of your stupid mindset, "hey get every greedy dollar I can and have zero chance to win rings"

No Joe made his money.. what 60 million guaranteed or something. Now its time to restructure. Anybody with a brain knows new era NFL is about guaranteed money, upfront money and restructures/extensions with franchise players.. its hiw Ravens have done business for 20 years...

Dont give me excuses they can make 15 million per year avg work.

In fact I just looked up Joe Flaccos Contract... hes earned 35.8 million so far of his 120mil. 14.5mill cap hit 2x, and 6.8mill once.

That leaves 84.2 million due. Simple Math says if you extend Flacco out 5 years.. he gets his 84.2 million at a 16.84 mill avg cap hit yrly rate. If you go 6 years.. its 14 million avg cap hit.. all the while Joe still gets all 84 million.. and Ravens get the cap hit around 15 million.

It doesnt take rocket scientist to do this.

[ravens4life86]

So if joes owed 84 mill left over on his 120 deal... its simple extend him out 5 to 6 years... and avg yrly cap hit 14 to 16.8 mil.. lets get that done

[drillem]

With all the $millions being paid to all players, what I'd like know is how come the average nfl player is dead broke, has to declare bankruptcy very often only 3 years after they stop playing? So the money isn't the issue. A man can live on very little and do it quite well (I know cause I do it all the time). How did the salaries get so out of hand? TV revenues are part of the cause (ever subscribe to Directv Sunday Pass?). Or buy tickets and refreshments at the stadium? And all those new stadiums being built (albeit most with public tax money)? I remember when the average salary was $10 or $12K per year. I met Ordell Bracey way back when and that was the average. No. I think salary cap was the last ditch effort by the nfl to keep players from pricing themselves out of a lively-hood. And it didn't work. Now comes concussion protocol and legal settlements to former nfl players. I get the desire to maximize the buzz, financially speaking. But the reality is most players won't ever really get to enjoy the proceeds anyhow. Maybe the community can take care of retired players. Problem with that is what community? Players move around for money like it's musical chairs game. All of it is very sick. I enjoy the game but not the attitude of the players both on the field and off. Or the owners of many of the teams (take Jim Irsay for example). Sorry for the venting but...

[ravens4life86]

@Rmcjacket, you say no player will accept these deals like avg 15 mil cap yrly is taboo. If your getting your money, it doesnt matter. Most players arent as mindless thinkers as you. I just said joe is due 74 mil left over from 120.. 5 yr extension..boom thats 16.8 mil yrly cap hit avg. Hes still getting his 84 million, and he gets another contract at 34-35

[ravens4life86]

84mil*

[Peej]

Wow, rmcjacket23!

You're still on that "Average Joe" rant? Who are you...Skip Bayless in drag???

If Flacco is "Average" as you call it: he's still at worst the 16the best QB on the planet - and has more SB rings than 1/2 those above him!

With your short-term memory loss, you seem to overlook the problems that the Ravens and other teams have had when their Nbr 1 QB has gone down!

[bmoraven]

Joe is smart, and he'll make it work for him and the team. Free up some money to keep some guys. The deeper we go in to the playoffs, and SuperBowl equals more money in bonuses, and huge endorsements.

[rmcjacket23]

@rmcjacket....if you get your way Ravens will be without. Like John Eisenberg just said, QBs go into these contracts knowing 2-3 years later these things gotta be reworked. They are in partnership with their respective football teams. If you want to be successful you gotta be team friendly.

Or get the boot. Im pretty sure Joe isnt of your stupid mindset, "hey get every greedy dollar I can and have zero chance to win rings"

No Joe made his money.. what 60 million guaranteed or something. Now its time to restructure. Anybody with a brain knows new era NFL is about guaranteed money, upfront money and restructures/extensions with franchise players.. its hiw Ravens have done business for 20 years...

Dont give me excuses they can make 15 million per year avg work.

In fact I just looked up Joe Flaccos Contract... hes earned 35.8 million so far of his 120mil. 14.5mill cap hit 2x, and 6.8mill once.

That leaves 84.2 million due. Simple Math says if you extend Flacco out 5 years.. he gets his 84.2 million at a 16.84 mill avg cap hit yrly rate. If you go 6 years.. its 14 million avg cap hit.. all the while Joe still gets all 84 million.. and Ravens get the cap hit around 15 million.

It doesnt take rocket scientist to do this.

Again, your lack of contract understandings have failed you. Allow me to explain...

Here are the actual cash earnings that Joe has received and is scheduled to receive on his current deal by year:

2013: $30 million

2014: $21 million

2015: $11 million

2016: $18 million

2017: $20.6 million

2018: $20 million

So in the first three years of his deal, Joe has actually made $62 million of his scheduled $120 million.

Now, let's look at the cap hits:

2013: $6.8 million

2014: $14.8 million

2015: $14.55 million

2016: $28.55 million

2017: $31.15 million

2018: $24.75 million

So while the cap impact so far has been only $36.15 million in the first three years, Joe's made $62 million, meaning the difference as of now is "dead money". That dead money will automatically carry over into any new deal that is signed...it doesn't just disappear.

The balance is $25.85 million in cap space that the Ravens still have to recognize for Joe's current deal, and that amount can't reduce at all. Again this is what is known as dead money. It's the prorated portion of three different bonuses Joe already received that the Ravens must recognize against the cap in future years.

[rmcjacket23]

Wow, rmcjacket23!

You're still on that "Average Joe" rant? Who are you...Skip Bayless in drag???

If Flacco is "Average" as you call it: he's still at worst the 16the best QB on the planet - and has more SB rings than 1/2 those above him!

With your short-term memory loss, you seem to overlook the problems that the Ravens and other teams have had when their Nbr 1 QB has gone down!

You got the wrong guy. I'm not the average Joe guy and I have no idea where you got the idea I was.

[Peej]

Joe is smart, and he'll make it work for him and the team. Free up some money to keep some guys. The deeper we go in to the playoffs, and SuperBowl equals more money in bonuses, and huge endorsements.

 

Have to agree.  From past experience, the money is about two things: Security (the money) and a feeling of respect - or ego (again the money, but now compared with others at the player's position).  From watching football for nearly a 1/2 century(Can't believe that so much time has passed), I have noticed that many players, after taking care of financial and "respect" needs have leaned toward their legacy - and usually that has meant championships!

 

I'm pretty sure that Flacco, Suggs, Webb and the like are that way,

[rmcjacket23]

@Rmcjacket, you say no player will accept these deals like avg 15 mil cap yrly is taboo. If your getting your money, it doesnt matter. Most players arent as mindless thinkers as you. I just said joe is due 74 mil left over from 120.. 5 yr extension..boom thats 16.8 mil yrly cap hit avg. Hes still getting his 84 million, and he gets another contract at 34-35

But Joe isn't due $74 million over the next five...he's due $58 million over the next 3 years.

Cap spending and what the player actually gets paid aren't the same year over year.

I suggest you research this on Spotrac or Overthecap.Com

Both sites lay this out for you. My numbers are 100% accurate.

[ravens4life86]

@Rmcjacket, I just went to Overthe cap.. Im not pulling numbers out of my butt. I pulled up Flaccos contract.. and what he got guaranteed,prorate,signing bonuses etc.. and it was the same as the cap hit.. 14.5mil 2x.. the other was 6.8mil. Thats only 35.8 mill which means he should have 84mill left due, over 5 years thats 16.8mill cap hit yrly avg.

But fir arguments sake say your right..say its 58 mil due. Thats even better. 58mil on a 4 year extension is 14.5 mil avg yrly cap hit.

So either way..84 or 58..they can make the avg cap hit work close to 15 mil

[ravens4life86]

@rmcjacket, I see your fucosed only on guaranteed money... thats not the only money a player gets(its just the injury protection money, the only guaranteed money)

Players get prorated money,workout money etc aswell... but anyways.

Flacco is owed 58 mil guaranteed.. over last 3 years, 84 mil overall of 120..

Nothing changes, you still do a 5 year extension he still gets his guaranteed money, and full 84 mil.. avg cap hit 16.8 mil per year.

Because no matter how much you try "The Flacco Deal is NOT staying where it is right now. 3 years left with brutal cap hits

[rmcjacket23]

@rmcjacket, I see your fucosed only on guaranteed money... thats not the only money a player gets(its just the injury protection money, the only guaranteed money)

Players get prorated money,workout money etc aswell... but anyways.

Flacco is owed 58 mil guaranteed.. over last 3 years, 84 mil overall of 120..

Nothing changes, you still do a 5 year extension he still gets his guaranteed money, and full 84 mil.. avg cap hit 16.8 mil per year.

Because no matter how much you try "The Flacco Deal is NOT staying where it is right now. 3 years left with brutal cap hits

Again, you're wrong

http://www.spotrac.com/nfl/baltimore-ravens/joe-flacco/

Look at difference between cash spending and cap spending. It's significant.

Prorated bonuses are part of the guaranteed money I'm referencing. It's no in addition to.

I 1000% guarantee his extension will be for way, way more than what you are predicting. I'll bookmark this for the I told you so and the re-explanation.

[ravens4life86]

@rmcjacket... Sorry friend. Your wrong. Its probably cause your using Spotrac, not Overthecap which gives you the more thorough breakdown.

But Overthecap..has it as I explained. Guaranteed money, then it has prorated,workout bonuses,roster bonuses, other.

Maybe stop using Spotrac, so you get a more thorough breakdown of the contract and cap.

Overthecap

[January J]

Lol we need to post a sticky thread at the top of every single forum breaking down the cap/ contract details bc soooo many people just have zero clue and try to come off as experts.

[rmcjacket23]

@rmcjacket... Sorry friend. Your wrong. Its probably cause your using Spotrac, not Overthecap which gives you the more thorough breakdown.

But Overthecap..has it as I explained. Guaranteed money, then it has prorated,workout bonuses,roster bonuses, other.

Maybe stop using Spotrac, so you get a more thorough breakdown of the contract and cap.

Overthecap

Lol, both websites say the exact same thing. You're just refusing to look at the cash spending page for some reason, just like you are ignoring the dead money.

No worries though. As I said, I've bookmarked for later. When the deal gets signed for $18-22M annually like 100% of the people who publish these reports say it will, I'll be back to point it out.

Edited January 5, 2016 by rmcjacket23

[rmcjacket23]

@rmcjacket... Sorry friend. Your wrong. Its probably cause your using Spotrac, not Overthecap which gives you the more thorough breakdown.

But Overthecap..has it as I explained. Guaranteed money, then it has prorated,workout bonuses,roster bonuses, other.

Maybe stop using Spotrac, so you get a more thorough breakdown of the contract and cap.

Overthecap

Also, there's no guaranteed money column on OTC. That column is for Salary. Salary is not necessarily guaranteed money.

[rmcjacket23]

Lol we need to post a sticky thread at the top of every single forum breaking down the cap/ contract details bc soooo many people just have zero clue and try to come off as experts.

You already know who's right and wrong though, so it's not a big deal.

[ravens4life86]

Rmcjacket, this is a waist of time arguing over.. but lastly and Im done you can argue with someone else..

Overthecap is more thorough then spotrac, and it does have guaranteed money. It says Base Salary yes but its also (Guaranteed money) just like that in parenthesis.

However next 3 columns are prorated,Workout bonuses,Roster bonuses, other bonuses.. etc..

You on other hand use spotrac not as thorough and breakdown..

Overthecap is better

[rmcjacket23]

Rmcjacket, this is a waist of time arguing over.. but lastly and Im done you can argue with someone else..

Overthecap is more thorough then spotrac, and it does have guaranteed money. It says Base Salary yes but its also (Guaranteed money) just like that in parenthesis.

However next 3 columns are prorated,Workout bonuses,Roster bonuses, other bonuses.. etc..

You on other hand use spotrac not as thorough and breakdown..

Overthecap is better

Correct it is, hence why I recommended it to you.

That changes nothing about anything I said. Both sites clearly outline the difference between cash spending and cap spending, thus explaining the dead money you ignore.

And by the way, Spotrac's breakdown is the same. They have a column for salaries, roster bonus, signing bonus, etc.

[ravens4life86]

Rmcjackect..I have known about those sites for years.. you dudnt lead me to them.

Have a good one friend

[Ravensfansince03]

A deal will definitely get worked out

[ajf3030]

Well, the comments below this are pretty terrible/hilarious. I'm hoping we work out an extension that allows us to extend Tucker and KO, and also hoping that both ravens4life86 and rmcjacket23 are no more than 9 years old

[sami]

I could never see the advantage of having a 3 yrs of realistic cap numbers then the 4th yr have them balloon to some astronomical number the Ravens cant afford. If both sides know they are gonna have to redo the contract, why bother?

[Purple Dawg 96]

Just look at the stats and there you have it! Renegotiate or kick rocks! Plain and simple!

[Fastynart]

The Ravens have no one to blame for this situation but themselves. Instead of working out a contract with Joe before he won the Super Bowl, the Ravens sat back and watched him play his last year without a new deal. He had the guts to do it and he won big time. Is he worth the money, no. He is a mediocre quarterback in the regular season, but come show time, he turns into a world class quarterback. If he is the man we believe him to be, he will work with the Ravens to relieve them of some of that cap space this year. Webb was, Ngata wasn't. Only time will tell.

[OUravensfan]

I hope he comes back strong, but not under the existing deal. Something tells me the surprisingly strong play of Mallet is going to light a fire under Joe.

Surprisingly strong play? I want him to restructure too but Ryan Mallet is irreverent in this discussion, he shouldn't even be mentioned in the same sentence as Flacco, he's a joke.

We probably have a 2011 opening game type performance against Pittsburgh if Flacco was starting, we need to stop acting like Mallet threw 3-4 TDs a week. It's not like he did what AJ McCarron did in his short starting period, granted way better talent, but Mallet looked terrible on Sunday and average against Puttsburgh.

Edited January 5, 2016 by OUravensfan