Niner News Thread

  • Wanna Join? New users you can now register lightning fast using your Facebook or Twitter accounts.
Awol36

Awol36

Sicc OG
#11,303
Jun 21, 2005
2,876
3,420
113
41
#11,303
Trent and Paraag are Dons..


The base salary for 2015 is $12.4 million, guaranteed for injury only until April 1, 2015.

For 2016, the base salary is $13.9 million, guaranteed for injury only until April 1, 2016.

For 2017, the base salary is $16.5 million, guaranteed for injury only until April 1, 2017.

For 2018, the base salary is $17 million, $5.2 million of which is guaranteed for injury only until April 1, 2018.

The non-guaranteed base salary for 2019 is $18.8 million, and the non-guaranteed base salary for 2020 is $21 million.

In each year from 2015 through 2020, however, there’s a catch. A big one. The total payout potentially de-escalates by $2 million per year, with up to $12 million potentially going away.



The full Kaepernick contract details | ProFootballTalk
 
Props: TRAJIK1, TRAJIK1, Ambition209 and 3 others
Mr. Nice Guy

Mr. Nice Guy

Sicc OG
#11,305
Nov 24, 2003
6,307
3,639
113
#11,305
PFT: Kaepernick's mega-deal actually has little risk for 49ers | CSN Bay Area

The 49ers signed Colin Kaepernick to a contract extension a full seven weeks before their target date of the opening of training camp.

There had to be a reason 49ers president Paraag Marathe, known as a shrewd negotiator, would finalize a deal on this expedited timeline. He was negotiating with agents, Scott Smith and Jason Bernstein of XAM Sports, who have little experience with big-money deals.

The initial reports, which come from sources who invariably want to make the deal sound better than reality, were a seven-year deal (including the upcoming season) for up to $126 million, including more than $60 million guaranteed.

Even Kaepernick intimated during his press conference that the numbers were not as they seemed.

“Part of the way the contract is written and the way it was negotiated was so they would be able to sign other players,” Kapernick said. “That was something that my agents and the organization worked out and they felt like this was something they would be able to get other players with.”

As it turns out, the initial numbers were are highly deceptive, according to a league source with knowledge of the deal who sent the details to Pro Football Talk.

Instead of more than $60 million guaranteed, the actual contract includes only $13.073 million in fully guaranteed money. The rest of the money is guaranteed for injury only.

According to PFT, the only fully guaranteed aspects of the deal are a $12.328 million signing bonus, a base salary of $645,000, and a workout bonus of $100,000 in the first year of the deal.

With those figures, Kaepernick’s salary cap figure in 2014 would be approximate $3.8 million. (UPDATED: I originally wrote $2.5 million, but Article 16, Section 6, Paragraph 5 on proration in the CBA states the maximum proration length is five years. I also failed to factor in the remaining proration of $556,691 from his original four-year, $5.129 million). Still, the relatively low cap figure for 2014 leaves the 49ers with flexibility to make other deals.

The rest of the so-called guaranteed money comes in the form of base salaries in 2014-‘17, and part of 2018, which are guaranteed for injury only. In other words, if the 49ers experience buyer’s remorse, they can release Kaepernick and only absorb the remaining prorated money from his signing bonus as a hit on the salary cap.

The deadline for the 49ers to pick up the base salary on Kaepernick’s contract comes on April 1 of each year. His base salaries, according to PFT’s sources are:

2015: $12.4 million
2016: $13.9 million
2017: $16.5 million
2018: $17 million – with $5.2 million guaranteed for injury only by the April 1 deadline.

Then, Kaepernick has non-guaranteed base salaries in 2019 of $18.8 million and, in 2020, of $21 million.

And that’s not all that makes this a very low-risk deal for the 49ers, according to PFT sources.

From 2015 through 2020, the contract could “de-escalate” by $2 million per season.

According to PFT:

Kaepernick can halt the de-escalation by taking, in any year of the deal, 80 percent of the snaps and if: (1) the 49ers appear in the Super Bowl; or (2) Kaepernick is named a first-team or second-team All-Pro. If he satisfies the requirement in 2014, the full $12 million remains. If he fails in 2014 but succeeds in 2015, $10 million stays. If he does it for the first time in 2016, $8 million remains. If he does it for the first time in 2017, $6 million stays — and so on until 2019, when if he satisfies the requirement that year for the first time $2 million stays in the deal for 2010. One of the hallmarks of Marathe’s big-money deals is the inclusion of per-game roster bonuses.

Starting in 2015, Kaepernick has $2 million annually in per-game roster bonuses. In essence, he'll lose $125,000 for every game in which he does not suit up. In comparison, Patrick Willis lost nearly $100,000 total when he was held out for two games due to a groin strain.

According to PFT, the deal requires Kaepernick to purchase, with after-tax dollars, a disability policy that pays the 49ers $20 million if he suffers a career-ending injury.

Kaepernick will earn $400,000 a year via workout bonuses, beginning next offseason.
Click to expand...

Well played by the Niners. Very well played.

I just hope Kaep realizes he and his inexperienced agents might have been taken advantage of and it creates some hostility haha......
 
Props: TRAJIK1 and TRAJIK1
GTS

GTS

....
#11,307
Feb 8, 2006
3,435
6,143
113
#11,307
are nba and mlb unions that much better where they can get guaranteed contracts?
I know fielding a 53 man roster is much different then basketball and baseball but damn it's way more cutthroat
 
Props: TRAJIK1 and TRAJIK1
BUTCHER 206

BUTCHER 206

FREE BUTCHER206
#11,308
Aug 22, 2003
12,316
109,201
113
Seattle, WA
#11,308
GTS said:
are nba and mlb unions that much better where they can get guaranteed contracts?
I know fielding a 53 man roster is much different then basketball and baseball but damn it's way more cutthroat
Click to expand...
Considering its the most popular and profitable sport out of the 3 and has the jankiest contracts lol. Players union basically folded during those nfl negotiations I think the players should be getting more
 
Props: TRAJIK1, TRAJIK1, EVERgREENRIDER and 1 other person
F

FerrerSF

Sicc OG
#11,315
Dec 4, 2011
472
608
0
39
#11,315
49ers still have breathing room under salary cap



The 49ers offset Colin Kaepernick’s new contract with the money officially gained from Carlos Rogers’ deal being wiped from the books last week.

Those moves, along with the signing of special-teams player Blake Costanzo, leaves the 49ers with $5.725 million in cap space, according to NFL Players Association figures.

The 49ers have some room to maneuver under the cap, but there is no indication they are close to any new deals with players who are seeking extensions. Tight end Vernon Davis and guard Alex Boone have not taken part in the team's voluntary offseason program due to their desires to land new contracts.

Only the top 51 players count against the salary cap in the offseason. After the final cuts before the start of the regular season, all money devoted to players contracts count against the salary cap.

Kaepernick last week became the sixth-paid quarterback in the NFL with his $115 million extension through the 2020 season, which includes a $12.328 signing bonus. He counts $3,767,444 against the salary cap this season. The 49ers gained $6.6 million in cap space with the post-June 1 designation when they released Rogers in March to receive maximum salary-cap relief.

The 49ers did not deliver Costanzo any guaranteed money on his one-year, $855,000 deal. The 49ers receive the minimum salary benefit, which lowers Costanzo’s cap figure to $570,000.

49ers still have breathing room under salary cap | CSN Bay Area
 
Props: TRAJIK1 and TRAJIK1
You must log in or register to reply here.
Top Bottom