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#1
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Seems like a very frontloaded contract if 15.5 million actually comes off the books in year one. Maybe they are trying to dry up 09 cap space to the benefit of future years.
I'm no cap guru though...maybe Keith can dissect the cap ramifications. |
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#2
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I want to know more details on the contract, but first blush, this is about what I expected him to sign for. Good defensive ends get PAID in this league.
Weaver was given $12 million guaranteed, too, but recall that his guarantee was split in half - $6 million signing bonus and $6 million option bonus due a year later. Hopfeully I'll get better confirmation at some point as to how Smith's guarantee adds up. If the Texans get the Smith that played well in the playoffs, then this will be a great deal. If he has trouble adapting, then look out. I think hopes ought to be much higher than just in thinking Smith is a Weaver clone. Weaver was coming over from a 3-4 system and was never thought of as much of a disruptive penetrator (at least that I can recall). Smith is re-teaming with a familiar face in Frank Bush. The Cards mixed things up (Smith played all over it seems), so perhaps the transition to the Texans won't be as daunting. Some quotes from the sheet at the official: Quote:
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#3
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Quote:
"Smith didn't cost a lot, either. His five-year deal is worth $35 million, but the only guarantee is his $12.5 million signing bonus. " |
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#4
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Quote:
That said, it very well could be all signing bonus. It could also be roster bonus. It could be a combo of sign, option, and roster. Sometimes the media reports take a shorthand version (or are given one from the agent) when discussing these amounts. ETA - Also forgot to mention that the Texans could guarantee his base salary for 2009 (and beyond). Once I get the base salary info (hopefully early next week), then we'll be better able to piece this deal together. |
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#5
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Smith's contract details look pretty straightforward from what I can tell. Here are the base salaries:
2009 $3,000,000 2010 $3,900,000 2011 $4,600,000 2012 $5,500,000 2013 $6,000,000 Add them up to a simple $12.5 million signing bonus, and the numbers seem to fall in line with the media reports. I'll try to get these into the cap page later tonight or tomorrow. |
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