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Old 07-28-2005   #1
Vinny
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Default Clarett Turns Down Guaranteed Cash

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He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million...

...Specifics of the contract are sketchy, but it works something like this. If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos.

The more he rushes for, the more he makes. He can max out at around $7 million.

This was Clarett's gamble. He has the confidence he can gain the yards and hit the $7 million figure. Rollovers give him a chance to make the big bumps in salary if he doesn't do it as a rookie.

To further show his commitment, he accepted no guarantees. The $410,000 the Broncos were willing to give him Thursday was put into workout bonuses in 2006, 2007 and 2008.
http://sports.espn.go.com/nfl/news/story?id=2119064
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Old 07-28-2005   #2
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That's ok. If he does well great. I think it's more of a PR move by Clarett but even more than that it may be a risky one. I never had a bad thought about him one way or another.
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Old 07-28-2005   #3
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I think it's a great move for him. It will keep him motivated.
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Old 07-29-2005   #4
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Default Clarett sets example for structuring NFL contract

"Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million."
http://sports.espn.go.com/nfl/news/story?id=2119064
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The former Ohio State RB wants to make his money the old fashioned way,
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Old 07-29-2005   #5
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No one can accuse him of being mainstream. This cat is different! Hope that he is motivated enough to show everyone what he can do. After all the detours along the way, maybe he is ready to get it right.
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Old 07-29-2005   #6
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*shrugs*

Unless he's done some SERIOUS growing up in the last few years....

But I will NEVER get visions of the temper tantrum throwing it takes a coach and a few players to calm me down when play doesn't go me way out of my head......
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Old 07-29-2005   #7
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Originally Posted by Yankee_In_TX
*shrugs*

Unless he's done some SERIOUS growing up in the last few years....

But I will NEVER get visions of the temper tantrum throwing it takes a coach and a few players to calm me down when play doesn't go me way out of my head......
Some would call that passion It will be interesting to see how Clarett does now that he has begun his career.
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Old 08-03-2005   #8
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Remeber Ricky's wonderful incentive-ladden contract that everyone thought was bone-headed? I think it's more likely that this is being driven by ego and not humility.

Even if he wasn't competing with a handful of legitimate starters, what's the last Denver running back you can name that started 4 years in a row? It's extremely unlikely that he will reach the max on that contract.
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Old 08-03-2005   #9
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PR move? PR moves are visitng sick Kids


Not putting yourself in the position to lose million of dollars with 1 knee injury.

Clarrett has a contract that everyone wants players to have. One that pays for what he does, and not what he could do.
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Old 08-03-2005   #10
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Quote:
Originally Posted by kbourda
I think it's more of a PR move by Clarett but even more than that it may be a risky one.
I agree that it's risky- he has to get ahead of both Bell and Anderson right now before he can even think about putting up good numbers.
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Old 08-03-2005   #11
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Bell and Anderson have injury issues (or at least a history of them). I think the Broncos are going to want to turn Clarett into a feel good story and will see he gets the carries. In their offense, if he gets the carries, he's going to get the numbers.

I think it's partly a PR move. But knowing their offense, he could hit the incentives pretty easily (I say that not knowing what the incentives are).
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Old 08-03-2005   #12
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Quote:
Originally Posted by Ihategeeks
PR move? PR moves are visitng sick Kids


Not putting yourself in the position to lose million of dollars with 1 knee injury.

Clarrett has a contract that everyone wants players to have. One that pays for what he does, and not what he could do.
Yep, he made a move that can actually lose him money, and like you said, this is the contract we want them to have.

It's a pretty bad PR move if the only publicity it get's is on internet forums. But I can't expect many people to give him the benefit of the doubt.
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Old 08-04-2005   #13
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I am actually hoping he turns it around and does well. It isn't like he was involved in a murder or drug trafficking (like some Ravens). He made some bad choices. He has paid for them already. Time to move on.
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Old 08-04-2005   #14
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Quote:
Originally Posted by TheOgre
I am actually hoping he turns it around and does well. It isn't like he was involved in a murder or drug trafficking (like some Ravens). He made some bad choices. He has paid for them already. Time to move on.
That's the thing.

He didn't pay for any of his mistakes.

He dropped out of school.

He never apologized.

His only 'penalty' we getting out of shape.
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Old 08-04-2005   #15
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Quote:
Originally Posted by Yankee_In_TX
That's the thing.

He didn't pay for any of his mistakes.

He dropped out of school.

He never apologized.

His only 'penalty' we getting out of shape.
So are you his judge , jury, and executioner? Does that really bother you that he dropped out of school and didn't apoligize (for what I don't know)? I'm not trying to be rude so please don't think I am. I'm just trying to understand why some people take the actions of athletes so personal.
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Old 08-04-2005   #16
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Quote:
Originally Posted by kbourda
So are you his judge , jury, and executioner? Does that really bother you that he dropped out of school and didn't apoligize (for what I don't know)? I'm not trying to be rude so please don't think I am. I'm just trying to understand why some people take the actions of athletes so personal.
You sig is "All a Man's got is the integrity of his work" but you don't understand what the flap is about? Irony is a beautiful thing.
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Old 08-04-2005   #17
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Quote:
Originally Posted by Porky
You sig is "All a Man's got is the integrity of his work" but you don't understand what the flap is about? Irony is a beautiful thing.
I know what my sig is but at the sametime how does that directly affect me as an individual? Being that it is Mr. Clarett's actions, right. And it is nowhere near irony.
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Old 08-04-2005   #18
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Quote:
Originally Posted by Porky
You sig is "All a Man's got is the integrity of his work" but you don't understand what the flap is about? Irony is a beautiful thing.
And furthermore there is no "flap". At least not anymore.
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Old 08-04-2005   #19
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You are old.
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Old 08-04-2005   #20
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Originally Posted by Vinny
I never apologized for dropping out of College either. I hope it doesn't haunt me when I get old.
Yes, but I'm sure you didn't break university rules, lie to investigators, or try to get your coach (professor) in trouble upon your departure. Or did you?
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