Ramstien
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Le'Veon Bell expected to sign with New York Jets
- Thread starter ArkyRamsFan
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LesBaker
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I'm wondering where you guys are getting the 10Mil guaranteed money from.......
I Googled and this came up.
https://www.cbssports.com/nfl/news/...-monstrous-70-million-deal-from-the-steelers/
According to NFL.com, the Steelers made one final offer to Bell on Monday, just hours before the NFL's 4 p.m. ET deadline for teams to negotiate a new contract with their franchise player. The offer from the Steelers was worth a total of $70 million over five years (or $14 million per season). Although the offer would have given Bell the largest multi-year contract of any running back in the NFL, he turned it down, and one reason he likely did that, is because it was nowhere near his asking price, which was reportedly in the neighborhood of $17 million per season.
One other reason Bell might have turned the deal down is because it apparently wasn't loaded with any substantial guarantees. According to NFL.com's Ian Rapoport, the contract included $33 million in guaranteed money, which was going to be paid out over the first two years.
I Googled and this came up.
https://www.cbssports.com/nfl/news/...-monstrous-70-million-deal-from-the-steelers/
According to NFL.com, the Steelers made one final offer to Bell on Monday, just hours before the NFL's 4 p.m. ET deadline for teams to negotiate a new contract with their franchise player. The offer from the Steelers was worth a total of $70 million over five years (or $14 million per season). Although the offer would have given Bell the largest multi-year contract of any running back in the NFL, he turned it down, and one reason he likely did that, is because it was nowhere near his asking price, which was reportedly in the neighborhood of $17 million per season.
One other reason Bell might have turned the deal down is because it apparently wasn't loaded with any substantial guarantees. According to NFL.com's Ian Rapoport, the contract included $33 million in guaranteed money, which was going to be paid out over the first two years.
LesBaker
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I found this.
Mentioned yesterday the #Steelers final offer to RB Le’Veon Bell was 5 years, $70M. More context today: The fully guaranteed part was his signing bonus of just over $10M. He would’ve made $33M over the 1st two years — in a rolling guaranteed structure. $45M over the 1st 3 years.
1,067
4:55 PM - Jul 17, 2018
So his signing bonus was 10MIL but the guaranteed money was 33MIL in the first two years.
Mentioned yesterday the #Steelers final offer to RB Le’Veon Bell was 5 years, $70M. More context today: The fully guaranteed part was his signing bonus of just over $10M. He would’ve made $33M over the 1st two years — in a rolling guaranteed structure. $45M over the 1st 3 years.
1,067
4:55 PM - Jul 17, 2018
So his signing bonus was 10MIL but the guaranteed money was 33MIL in the first two years.
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So now it appears Bell deal with Jets only has 25 mill guaranteed. Where his Steelers deal that was turned down was 20.5 year 1 and 33 mill for 2
https://www.post-gazette.com/sports...rse-than-it-first-looked/stories/201903140153
In the infamous words of Zac Stacy,
“Yikes”
https://www.post-gazette.com/sports...rse-than-it-first-looked/stories/201903140153
In the infamous words of Zac Stacy,
“Yikes”
LesBaker
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This line from the article was hilarious:
Thus, Bell may have set another NFL precedent – the first player in history to hold out an entire season for less money.
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LesBaker
Mr. Savant
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I just thought that line was funny. And true.
The Steelers last ditch effort is more money than the Jets contract though. In terms of total dollars and guaranteed dollars. Nobody was talking about 17MIL a year except Bell and his agent. And there was 45MIL guaranteed over the first three years according to a few sources I read.
He just found out his market value. Only one team was even talking to him and he got less money. He decided to gamble, which is his right to do, and he came out a little bit on the short end of the stick.
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how is it true? the stealers offered $10m fully guaranteed and he got $26m fully guaranteed from the jets.
bell wasn't interested in fairytale guarantees. he wanted real guarantees.
.
LesBaker
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Read the breakdowns of the Steelers final last minute offer. Links have been posted, all you have to do is click them.
It exceeds what the Jets game him in every way. Including guaranteed dollars.
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it's like i'm talking to a brick wall. fake guaranteed money is different to real guaranteed money.
bell himself called the stealers offer monopoly money. as in it was not a real offer. as in he knew they would ditch him after one season of running him into the ground again. he didn't want 400 touches again then being dumped. that's why real guaranteed money was important to him. the stealers didn't offer it to him and the jets did.
.
FarNorth
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You appeared to be on the verge of saying something truly brilliant but lost your train of thought?
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- Burger man
https://www.cbssports.com/nfl/news/...s-new-star-may-have-lost-by-sitting-out-2018/
Le’Veon Bell contract details revealed: Here’s how much Jets' new star may have lost by sitting out 2018
Did sitting out 2018 pay off for Le'Veon Bell?
It's fitting that Le'Veon Bell's new rap album is called "Life's a Gamble," because the running back definitely took a big gamble in 2018 when he decided to pass up on millions of dollars and sit out the entire NFL season.
It's hard to say exactly how much money Bell lost out on by sitting out, but we do have a better idea now that the details have been released from the four-year contract that he signed with the Jets. Although the deal is worth $52.5 million and could max out at $61 million if Bell reaches every incentive, the only numbers that really matter are the guarantees in his contract, because that's the only money Bell will definitely be getting.
According to NFL Network, Bell's contract includes includes $25 million in fully guaranteed money, which means he'll be walking away with at least that much, even if the Jets cut him after the 2019 season.
So how does that stack up to the Steelers final offer from July 2018?
Let's take a look. Oh, and to get the most accurate numbers from the Steelers offer, we'll be taking into account reports from multiple different outlets.
Year 1 (2018)
Last summer, Bell and the Steelers had until July 16 to hammer out a long-term deal. That deadline was imposed by the NFL and it applied to all players who had been hit with the franchise tag. Just before the deadline, the Steelers offered what seemed to be a very attractive deal: five years, $70 million.
Of course, like every NFL contract, the devil is in the details. The problem Bell had with the Steelers is that they generally operate under a system of rolling guarantees, which means they don't guarantee much money after the first year. According to CBS Sports NFL Insider Jason La Canfora, the Steelers deal would have paid Bell $20.5 million guaranteed up front in Year 1. According to Pro Football Talk, that money would have been paid through a $10 million signing bonus, a $10 million roster bonus plus his base salary.
Basically, if Bell had signed the deal with the Steelers, he would have pulled in a guaranteed $20.5 million in 2018, no matter what happened. Even if he got injured, Bell would have been paid that money. Bell's other option with the Steelers would have been to sign the franchise tag, which would have paid him a guaranteed $14.5 million for one year.
Although the Steelers have rolling guarantees, there's almost no way they would have cut him after just one year. If that happened, then Bell would have been the big winner, because he would have hit the free agent market in 2019, plus he would have made $20.5 million for one season with the Steelers.
According to NFL.com, if Bell was on the roster for Year 2 of his deal, which would have been a near certainty, his total guarantee would move up to $33 million over the first two seasons of his new Steelers contract, which averages out to $16.5 million per year.
In his new Jets contract, Bell will make $14.5 million in his first year of the deal, which is kind of ironic, because that's how much he skipped out on by not playing under the franchise tag in 2018.
Year 3 (2020)
Heading into Year 3 of his Steelers contract, Bell would theoretically be in a good spot. If the Steelers cut him, then he's made $33 million over two seasons ($16.5 million per year), plus he'd get to hit free agency in 2020. If the Steelers were to keep him for the 2020 season, then his total guaranteed pay out through the first three years of his contract would jump up to $45 million, which averages out to $15 million per year.
Under his contract with the Jets, Bell will make $11.5 million in 2020 ($6.5 million base salary, $5 million roster bonus), which brings his two-year total up to $26 million.
Now, here's where things get interesting. In both contracts, there's an easy out for each team after the 2020 season. Although the Jets have Bell under contract through the 2022 season, there will be no guaranteed money left in the deal after 2020, which means the Jets could cut him after that season and only take a dead cap hit of $4 million. If that were to happen, Bell would make $26 million for two seasons of work.
As for the Steelers, the rolling guarantees only went through the first three years of the contract. That means if the Steelers dumped him after the 2020 season, he would have walked away with $45 million for three seasons of work and then he would have been able to hit free agency again before turning 30.
Now, not only is he taking less, but he's doing that after potentially missing out on $19 million for sitting out 2018. One reason Bell sat out last season is because he was afraid the Steelers were going to overwork him, but who's to say that won't be happening in New York? If it does happen, Bell's body will be getting beat up, but for less money.
Of course, Bell might not care about losing out on all that money, and that's because he got to spend the past nine months doing whatever he wanted.
Water skiing? Check.
Make a rap album? Check.
Hold a release party for that rap album? Check.
No, money can't buy everything, but let's be real, $19 million can definitely buy a lot. He could have even spent that money to buy a bunch of copies of his own rap album.
Le’Veon Bell contract details revealed: Here’s how much Jets' new star may have lost by sitting out 2018
Did sitting out 2018 pay off for Le'Veon Bell?
It's fitting that Le'Veon Bell's new rap album is called "Life's a Gamble," because the running back definitely took a big gamble in 2018 when he decided to pass up on millions of dollars and sit out the entire NFL season.
It's hard to say exactly how much money Bell lost out on by sitting out, but we do have a better idea now that the details have been released from the four-year contract that he signed with the Jets. Although the deal is worth $52.5 million and could max out at $61 million if Bell reaches every incentive, the only numbers that really matter are the guarantees in his contract, because that's the only money Bell will definitely be getting.
According to NFL Network, Bell's contract includes includes $25 million in fully guaranteed money, which means he'll be walking away with at least that much, even if the Jets cut him after the 2019 season.
So how does that stack up to the Steelers final offer from July 2018?
Let's take a look. Oh, and to get the most accurate numbers from the Steelers offer, we'll be taking into account reports from multiple different outlets.
Year 1 (2018)
Last summer, Bell and the Steelers had until July 16 to hammer out a long-term deal. That deadline was imposed by the NFL and it applied to all players who had been hit with the franchise tag. Just before the deadline, the Steelers offered what seemed to be a very attractive deal: five years, $70 million.
Of course, like every NFL contract, the devil is in the details. The problem Bell had with the Steelers is that they generally operate under a system of rolling guarantees, which means they don't guarantee much money after the first year. According to CBS Sports NFL Insider Jason La Canfora, the Steelers deal would have paid Bell $20.5 million guaranteed up front in Year 1. According to Pro Football Talk, that money would have been paid through a $10 million signing bonus, a $10 million roster bonus plus his base salary.
Basically, if Bell had signed the deal with the Steelers, he would have pulled in a guaranteed $20.5 million in 2018, no matter what happened. Even if he got injured, Bell would have been paid that money. Bell's other option with the Steelers would have been to sign the franchise tag, which would have paid him a guaranteed $14.5 million for one year.
- Money he would've earned under Year 1 of new Steelers contract: $20.5 million
- Money he would've earned under franchise tag: $14.5 million
- Actual NFL money earned: $0
Although the Steelers have rolling guarantees, there's almost no way they would have cut him after just one year. If that happened, then Bell would have been the big winner, because he would have hit the free agent market in 2019, plus he would have made $20.5 million for one season with the Steelers.
According to NFL.com, if Bell was on the roster for Year 2 of his deal, which would have been a near certainty, his total guarantee would move up to $33 million over the first two seasons of his new Steelers contract, which averages out to $16.5 million per year.
In his new Jets contract, Bell will make $14.5 million in his first year of the deal, which is kind of ironic, because that's how much he skipped out on by not playing under the franchise tag in 2018.
- Money he would've earned through two years of Steelers contract: $33 million
- Actual NFL money to be earned after one year with Jets: $14.5 million
Year 3 (2020)
Heading into Year 3 of his Steelers contract, Bell would theoretically be in a good spot. If the Steelers cut him, then he's made $33 million over two seasons ($16.5 million per year), plus he'd get to hit free agency in 2020. If the Steelers were to keep him for the 2020 season, then his total guaranteed pay out through the first three years of his contract would jump up to $45 million, which averages out to $15 million per year.
Under his contract with the Jets, Bell will make $11.5 million in 2020 ($6.5 million base salary, $5 million roster bonus), which brings his two-year total up to $26 million.
Now, here's where things get interesting. In both contracts, there's an easy out for each team after the 2020 season. Although the Jets have Bell under contract through the 2022 season, there will be no guaranteed money left in the deal after 2020, which means the Jets could cut him after that season and only take a dead cap hit of $4 million. If that were to happen, Bell would make $26 million for two seasons of work.
As for the Steelers, the rolling guarantees only went through the first three years of the contract. That means if the Steelers dumped him after the 2020 season, he would have walked away with $45 million for three seasons of work and then he would have been able to hit free agency again before turning 30.
- Money he would've earned through three years of Steelers contract: $45 million
- Actual NFL money to be earned through two years with Jets: $26 million
Now, not only is he taking less, but he's doing that after potentially missing out on $19 million for sitting out 2018. One reason Bell sat out last season is because he was afraid the Steelers were going to overwork him, but who's to say that won't be happening in New York? If it does happen, Bell's body will be getting beat up, but for less money.
Of course, Bell might not care about losing out on all that money, and that's because he got to spend the past nine months doing whatever he wanted.
Water skiing? Check.
Make a rap album? Check.
Hold a release party for that rap album? Check.
No, money can't buy everything, but let's be real, $19 million can definitely buy a lot. He could have even spent that money to buy a bunch of copies of his own rap album.
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So basically he sat out 1 year, gave up 14.5 mill and made 0, to gain 5 mill in initial guaranteed money, (which he lost triple of that) and in all reality would have gotten to 33 mill had he not been cut after 2018 season.
He rolled the dice and lost.
And the Steelers offer was more than fair even though it’s common to blame them
He rolled the dice and lost.
And the Steelers offer was more than fair even though it’s common to blame them
LesBaker
Mr. Savant
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Some of you guys who are denying the facts and the numbers are cracking me up
he fucked up he bet on himself and nobody else other than the Jets wanted him and he didn't make more money or more guaranteed money with this contract he made less
You can attack the reporter all you want the contract details are out there for anybody to look at all this guy did was break it down
he fucked up he bet on himself and nobody else other than the Jets wanted him and he didn't make more money or more guaranteed money with this contract he made less
You can attack the reporter all you want the contract details are out there for anybody to look at all this guy did was break it down