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Old 03-24-2006   #1
dhaNim
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Default Seahawks sign Burleson to an offer sheet

Seattle signed him to an offer sheet and Minnesota has 7 days to match or they get a 3rd round pick in return. The details of the offer have not been released yet.

According to KFFL:

Seahawks | Burleson signs offer sheet
Fri, 24 Mar 2006 14:15:34 -0800

Vikings | Team has seven days to match Burleson's offer sheet
Fri, 24 Mar 2006 14:16:06 -0800

Mike Sando, of the Tacoma News Tribune, reports the Seattle Seahawks have signed restricted free agent WR Nate Burleson (Vikngs) to an offer sheet. The Minnesota Vikings have seven days to match the offer. If they do not, the Vikings would receive Seattle's third-round pick in the 2006 NFL Draft.
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Old 03-24-2006   #2
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yo, does that mean we cant slip in there and steal him?
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Old 03-24-2006   #3
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ESPN is reporting its a 7 year offer. and i also heard its a #1 receiver type money. probably a "pay-back" for the hutchinson deal.
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Old 03-24-2006   #4
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Quote:
Originally Posted by DominickDavisFan76
yo, does that mean we cant slip in there and steal him?
he can't sign more than one offer sheet. its like signing 2 contracts. its pretty much over for now. the reason why we stopped going after Burleson is because we had an idea that seattle was gonna throw a bunch of money at him.
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Old 03-24-2006   #5
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Default WOW! No wonder we gave up on Burleson!

Seahawks signed WR Nate Burleson to a seven-year, $49 million offer sheet, with $5.25 million guaranteed and two comical "poison pills" provisions included.
The contract total was made to look just like the offer sheet Minnesota used to sign Steve Hutchinson away from the Seahawks. Burleson's deal would be re-worked after a few years. More noteworthy are Seattle's tongue-in-cheek 'poison pills' in the deal that guarantees the entire contract if Burleson plays a certain numer of games in the state of Minnesota or exceeds the highest paid running back on the team. Those provisions are a loud attempt by Seattle to close significant loopholes in the 'transition' tag designation that Minnesota took advantage of with Hutchinson's contract. Among all that confusion is the likelihood that Minnesota won't keep Burleson. They only offered him the 'low tender' as a restricted free agent. They would receive a third-round pick as compensation. Burleson would become an interesting fantasy bet in Seattle. Mar. 24 - 5:28 pm et


7 years $49 Million!!!! Granted only 5.25 is guaranteed, but still. That is freaking insane!!!
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Old 03-24-2006   #6
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All I keep hearing is how Seattle is Under the Cap.......HOW ?
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Old 03-24-2006   #7
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The
Cap
Is
FICTION

Contracts are reworked
players are cut
It doesn't mean anything.
As long as you can line up cap hell with a team that is old you're fine.
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Old 03-24-2006   #8
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As was posted on another thread about this:

Quote:
Seahawks signed WR Nate Burleson to a seven-year, $49 million offer sheet, with $5.25 million guaranteed and two comical "poison pills" provisions included.
The contract total was made to look just like the offer sheet Minnesota used to sign Steve Hutchinson away from the Seahawks. Burleson's deal would be re-worked after a few years. More noteworthy are Seattle's tongue-in-cheek 'poison pills' in the deal that guarantees the entire contract if Burleson plays a certain numer of games in the state of Minnesota or exceeds the highest paid running back on the team. Those provisions are a loud attempt by Seattle to close significant loopholes in the 'transition' tag designation that Minnesota took advantage of with Hutchinson's contract. Among all that confusion is the likelihood that Minnesota won't keep Burleson. They only offered him the 'low tender' as a restricted free agent. They would receive a third-round pick as compensation. Burleson would become an interesting fantasy bet in Seattle. Mar. 24 - 5:28 pm et
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Old 03-24-2006   #9
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Quote:
Originally Posted by David's Busted Carr
7 years $49 Million!!!! Granted only 5.25 is guaranteed, but still. That is freaking insane!!!
If it's true then I agree. I heard it's all just for show though, and he probably won't see some of that money.
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Old 03-24-2006   #10
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that is way to much money to give to him. even if it isn't guaranteed, he just doesn't have the skills or ability to be a good number 1 option.
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Old 03-25-2006   #11
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Quote:
Originally Posted by Buzz
If it's true then I agree. I heard it's all just for show though, and he probably won't see some of that money.
It's true. And with the posion pill, the clause states that if he plays 5 games this year in the state of Minnesota, all of the money becomes guaranteed if Minnesota were to match.
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Old 03-25-2006   #12
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Sorry, Burleson isn't worth this contract; he probably won't get all the money due. So what if Seahawks put a poison pill clause; at least the Vikes get a 3rd round as compensation for Burleson, unlike HUtchinson.
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Old 03-25-2006   #13
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I've heard that this is a 4 year, $14 million deal with ridiculous salaries in years 5-7 that he will never see.
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Old 03-25-2006   #14
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Quote:
Originally Posted by Jerry
I've heard that this is a 4 year, $14 million deal with ridiculous salaries in years 5-7 that he will never see.
Yeah, that's a contract young players should get. Potential doesn't always pan out.
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