05-04-2018, 02:35 PM
http://profootballtalk.nbcsports.com/2018/05/04/under-any-analysis-matt-ryans-sets-a-new-bar/
The full breakdown appears below, followed by some analysis. All numbers come from a source with knowledge of the deal.
1. Signing bonus: $46.5 million.
2. 2018 salary: $6 million, fully guaranteed.
3. 2019 option bonus: $10 million, fully guaranteed.
4. 2019 salary: $11.5 million, fully guaranteed.
5. 2020 salary: $20.5 million, fully guaranteed.
6. 2021 salary: $23 million, $5.5 million of which is guaranteed for injury only at signing. The $5.5 million becomes fully guaranteed on the third day of the 2019 league year.
7. 2022 roster bonus: $7.5 million, due third day of 2022 league year.
8. 2022 salary: $16.25 million.
9. 2023 roster bonus: $7.5 million, due third day of 2023 league year.
10. 2023 salary: $20.5 million.
11. All guarantees have no offset language.
Here’s what it all means.
First, Ryan has a whopping $94.5 million fully guaranteed at signing. The remaining $5.5 million in guarantees for injury only at signing are, as a practical matter, fully guaranteed. Indeed, the only way to avoid the $5.5 million would be to cut Ryan after one year — and to owe him $94.5 million without the opportunity to offset any of the cash to be paid later.
Second, there is no fluff in the deal. No per-game roster bonuses, no workout bonuses, no incentives. It’s “all clean cash,” as the source explained it.
Eventually no team will be able to afford a Decent QB...
The full breakdown appears below, followed by some analysis. All numbers come from a source with knowledge of the deal.
1. Signing bonus: $46.5 million.
2. 2018 salary: $6 million, fully guaranteed.
3. 2019 option bonus: $10 million, fully guaranteed.
4. 2019 salary: $11.5 million, fully guaranteed.
5. 2020 salary: $20.5 million, fully guaranteed.
6. 2021 salary: $23 million, $5.5 million of which is guaranteed for injury only at signing. The $5.5 million becomes fully guaranteed on the third day of the 2019 league year.
7. 2022 roster bonus: $7.5 million, due third day of 2022 league year.
8. 2022 salary: $16.25 million.
9. 2023 roster bonus: $7.5 million, due third day of 2023 league year.
10. 2023 salary: $20.5 million.
11. All guarantees have no offset language.
Here’s what it all means.
First, Ryan has a whopping $94.5 million fully guaranteed at signing. The remaining $5.5 million in guarantees for injury only at signing are, as a practical matter, fully guaranteed. Indeed, the only way to avoid the $5.5 million would be to cut Ryan after one year — and to owe him $94.5 million without the opportunity to offset any of the cash to be paid later.
Second, there is no fluff in the deal. No per-game roster bonuses, no workout bonuses, no incentives. It’s “all clean cash,” as the source explained it.
Eventually no team will be able to afford a Decent QB...
