2006 Top Three Draft Pick Contracts

Discussion in 'The National Football League' started by CloakNNNdagger, Aug 2, 2006.

  1. CloakNNNdagger

    CloakNNNdagger Site Contributor

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    Details have finally been released on the breakdown of Mario, Bush and Young contracts:

    DETAILS ON BUSH DEAL

    We've finally gotten our eyeballs on the financial details of the Reggie Bush deal. Here are the key numbers.

    The amount of guaranteed money in the deal before exercise of a $12.5 million option bonus in 2007 is $20.25 million. After the option is exercised, the amount of guaranteed money is $26.325 million. (In comparison, these same numbers are $21.75 million and $26.5 million, respectively, for the No. 1 overall pick, Texans defensive end Mario Williams.)

    Bush's base package is worth $52.5 million. Williams' base package is worth $54 million.

    The maximum value of Bush's deal is $62.05 million. The maximum value of Williams' deal is $62.1 million.

    It's extremely unlikely that either guy will earn the maximum amount available under their respective deals. The real question, then, is how much of the money above the base value either will realize.

    Much of it is out of their individual control, since there are specific incentives in both contracts based on annual playoff wins.

    As we've previously explained, however, the fact that Williams plays for a team with no state tax means that he'll take home significantly more of the money he'll be earning. We continue to get e-mails regarding specific niceties of the tax laws in this regard, and we've decided not to help cure our readers' insomnia by an ongoing foray into the world of accounting. The bottom line is that much more of Bush's money will go to the government (and not into his piggy bank) by playing for the Saints than it would have if he'd been drafted by the Texans -- and his agent should have taken that into account before refusing to do a pre-draft deal with a team that plays in a tax-free state.


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    DETAILS ON YOUNG DEAL

    We were amazed last week by the inability of some members of the "real" media to discern that there was and is a significant difference between the base value of Mario Williams' contract and the maximum value of the deal signed by Titans quarterback Vince Young, the third overall pick in the 2006 draft.

    Reports last week suggested that Young got a better deal than Williams, the No. 1 selection, by proclaiming that, while Williams' deal is worth $54 million, Young can earn up to $58 million.

    Here's the truth.

    Young's base package is $48.04 million, nearly $6 million less than the base value of Williams' contract. (Or, in other words, roughly $1 million less per year.)

    The maximum value of Young's contract is $57.59 million, which is roughly $4.5 million less than the maximum value of Williams' deal.

    Better deal? No way.
     
  2. Titan "Tack" Fan

    Titan "Tack" Fan Hall of Fame

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    I'm so glad we got Young signed.

    Leinart is a loser and needs to realize he didn't go top 5. Pay Vince what he wants cause he is the future.

    BTW, did you know Vince already has his own Reebok logo?
     
  3. Mr. White

    Mr. White H-Town Beatdown

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    Who's really obsessed? The guy that mentions a football player on another team in the NFL Forum or the guy who turns up every time that player's name is mentioned.

    People are talking about T.O. in another thread. They must be obsessed with him, too.

    If that's the case, go look at all the Carr threads. We must not be able to sleep at night being obsessed with him.
     
  4. Runner

    Runner Hubcap Diamond Staff Member

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    The state sales tax issue should be a significant driver in where players want to play to maximize salary. However, I think ego can get in the way - I think this happens in all sports (i.e. Carlos Beltran).

    After all, newspaper headlines (and agent releases) don't read:


    John Smith Receives $10M Signing Bonus*

    *$6.45M after Federal, State, and Local Taxes
     
  5. CloakNNNdagger

    CloakNNNdagger Site Contributor

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    Goodnight, Gracie.
     
  6. infantrycak

    infantrycak Mod. Staff Member

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    Enough already. You are the one with an obsession to assert anyone commenting in any way on Bush is obsessed. Nothing about CnD's post comparing the top 3 contracts singled out Bush to deserve a troll response.
     
  7. texan279

    texan279 Hall of Fame

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    He is just comparing their contracts, chill...
     
  8. gwallaia

    gwallaia Moderator Staff Member

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    Wise Man once say, "When you find yourself in hole, first thing you do is stop digging."
     


  9. Titan "Tack" Fan

    Titan "Tack" Fan Hall of Fame

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    A wise man once said, "Don't eat cheese before noon"
     
  10. texan279

    texan279 Hall of Fame

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    All he did was post an article...
     
  11. threetoedpete

    threetoedpete Hall of Fame

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    Well in three years or so be pretty easy to see who over paid for whom ? Where was the value among the first three picks ? Time will tell the tell. All I know is I'm smilin' right now.

    Nice Post CnnnD.

    So if we post anything on our MBs concerning tinkerbell butt and VY we're guilty of obssesing ? Hmm, ..... or is it a troll(s), searchin to jump in any time they are mentioned. Inquiring minds want to know ? Seems to me that you all are the ones with all the risk on your side of the ledger. We're....smilin'. Ours is locked and loaded, ready to play:cowboy1:
     
  12. cuppacoffee

    cuppacoffee Resident Grouch

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    Here is the guy who is obsessed with your running back and writing about him:

    From the article

    "DETAILS ON BUSH DEAL

    We've finally gotten our eyeballs on the financial details of the Reggie Bush deal. Here are the key numbers."

    I am obsessed with Reggie

    Guy has been writing about Bush for weeks now. I though you might like to email his website and call him to task. :taz:

    Of all the nerve, writing about Reggie.

    By the way, he compares the contracts of the top three, not just your Reggie.

    Shame on him.

    BTW If it upsets you so much that Texan fans are happy with passing on Reggie why do you insist on coming to this site and getting further aggrivated.

    Most of us do not give a rats rear what any Saints fan think about us, there is a lesson there. Why do you care what Texan fans think?

    Suggestion.....avoid these threads and you blood pressure will not keep spiking.

    :coffee:
     
  13. yumyum

    yumyum Rookie

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    I so wish the Texans were playing the Saints this year that way when the game rolled around, after we crushed the Saints. BS wouldnt come around the MB for a lil while.

    *BAM*Hi Reggie, meet Super Mario. :francis::mario:
     
  14. TexanSam

    TexanSam Hall of Fame

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    It seems that the Saints fans are trying to stir up more than the Texans fans. If we were going to compare Mario Williams and Reggie Bush, it would be in the Texans part of the board. This part is for the rest of the NFL. Dagger just posted an article comparing the salaries. Please tell me how he (and other Texans fans) are trying to do more than that?
     

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