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Matt Schaub Signs Extension

Fiddler said:
That's what I'm saying. We won't pay his salary, but we'll take a hit for three years of remaining prorated bonus... $4.3 (2014) + $4.3 (2015) + $4.3 (2016) = $12.9M

If he plays, his salary plus $4.3 = $14.something Million
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His prorated bonus is $3.5 Million/year ($17.5 Million/5 years) starting in 2012.
 
infantrycak said:
I love it. Dude just signed an extension and folks are figuring when to cut him and how much it will cost.
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.... not exactly, just trying to figure out how "good" the contract is, how comitted we are. But at 4 years, looks like we're in for the duration.
 
Fiddler said:
That's what I'm saying. We won't pay his salary, but we'll take a hit for three years of remaining prorated bonus... $4.3 (2014) + $4.3 (2015) + $4.3 (2016) = $12.9M

If he plays, his salary plus $4.3 = $14.something Million
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Yeah I got it now. We are on same page. I think he can earn his way thru '14. Plus allows time for Smith to look for a QB to groom if Keenum doesn't work. Plus allows 3 years to discover if Yates will be a successor.
 
Going by salary, Schaub is 7th in average money over the length of the remaining contract. Going by guaranteed money at the time of signing, Matt is 12th. Not too bad considering we all think he's in the 2nd/3rd tier of starting QBs. He's only slightly ahead of guys like Romo, Sanchez, Big Ben and Bradford. I think putting it in this perspective, it looks like a fair deal based on his proven capability. Maybe a little high due to his injury risk, but still a fair amount for a franchise QB.


Drew Brees - 5 years $100,000,000 - Signing Bonus $37,000,000 - Average Salary $20,000,000 - $40 million guaranteed

Peyton Manning - 5 years $96,000,000 - Signing Bonus $0 - Average Salary $19,200,000 - If 2013 physical is passed, $40 million guaranteed

Michael Vick – 5 years $80,000,000 - Signing Bonus $7,000,000 – Other Bonuses $8,000,000 – Average Salary $16,000,000 - $32.5 million guaranteed

Tom Brady – 5 years $78,500,000 - Signing Bonus $16,000,000 – Other Bonuses $9,100,000 – Average Salary $15,700,000 – $48.5 million guaranteed

Eli Manning – 7 years $106,900,000 - Signing Bonus $13,000,000 – Average Salary $15,271,429 - $35 million guaranteed

Philip Rivers – 7 years $98,250,000 - Signing Bonus $19,550,000 – Average Salary $14,035,714 - $38.5 million guaranteed

Matt Schaub - 5 years $66,150,000 - Signing Bonus $17,500,000 - Other Bonuses $3,000,000 - Average Salary $13,230,000 - $29.15 million guaranteed

Sam Bradford - 6 years $78,000,000 - Signing Bonus 18,000,000 - Average Salary $13,000,000 - $50 million guaranteed

Ben Roethlisberger – 8 years $102,000,000 – Signing Bonus $25,200,000 - Other Bonuses $lots – Average Salary 12,750,000 - $33.2 million guaranteed

Matt Stafford - 6 years $72,000,000 - Signing Bonus $17,400,000 - Average Salary $12,000,000 - $41.75 million guaranteed

Mark Sanchez – 5 years $58,250,000 - Signing Bonus $8,000,000 - Other Bonuses $6,500,000 – Average Salary $11,650,000 – $20.5 million guaranteed

Tony Romo - 6 years $67,400,000 - Signing Bonus $11,500,000 - Average Salary $11,233,333 - $30 million guaranteed

Matt Ryan – 6 years 62 million – Signing Bonus $7,500,000 – Other Bonuses $7,400,000 - Average Salary $11,000,000 – 34 million guaranteed

Aaron Rodgers - 6 years $65,000,000 - Signing Bonus $0 - Average Salary $10,833,333 - $20 million guaranteed

Carson Palmer - 4 years $43,000,000 - Signing Bonus $0 - Average Salary $10,750,000 - Guaranteed ???

Matt Cassel – 6 years $63,000,000 - Signing Bonus $0 – Average Salary $10,500,000 – $28 million guaranteed

Jay Cutler - 5 years $49,770,000 - Signing Bonus $7,000,000 - Average Salary $9,954,000 - $20 million guaranteed
 
I'm more thrilled at the structure of the deal. I have to give Rick Smith and Chris Olsen a big thumbs up. There appears to be few options if Schaub not resigned.
 
Dutchrudder said:
Going by salary, Schaub is 7th in average money over the length of the remaining contract. Going by guaranteed money at the time of signing, Matt is 12th. Not too bad considering we all think he's in the 2nd/3rd tier of starting QBs. He's only slightly ahead of guys like Romo, Sanchez, Big Ben and Bradford. I think putting it in this perspective, it looks like a fair deal based on his proven capability. Maybe a little high due to his injury risk, but still a fair amount for a franchise QB.
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Nice post - thanks for the info.

Sometime before the start of next season, Joe Flacco will sign a contract that will push Matt further down the list of highest paid QB's. Not too long after that, Aaron Rodgers, Matt Ryan, Tony Romo, and Jay Cutler will likely do the same.
 
Dutchrudder said:
Going by salary, Schaub is 7th in average money over the length of the remaining contract. Going by guaranteed money at the time of signing, Matt is 12th. Not too bad considering we all think he's in the 2nd/3rd tier of starting QBs. He's only slightly ahead of guys like Romo, Sanchez, Big Ben and Bradford. I think putting it in this perspective, it looks like a fair deal based on his proven capability. Maybe a little high due to his injury risk, but still a fair amount for a franchise QB.
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Thanks for the listing. Puts the new contract in perspective.


...are you sure P.M. didn't get ANY sort of signing bonus? That seems unusual.



oh and repped btw.
 
ObsiWan said:
Thanks for the listing. Puts the new contract in perspective.


...are you sure P.M. didn't get ANY sort of signing bonus? That seems unusual.



oh and repped btw.
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Yeah, his contract is the outlier. The first year's salary is guaranteed (18 million), then the next 40 million is guaranteed if he passes a physical next offseason. So really, it's up to 58 guaranteed, but it's all salary. The design was to protect the team from injury, but to reward Peyton if he can stay healthy. Considering how rich he already is, I don't think he cared about getting a signing bonus.
 
badboy said:
I'm more thrilled at the structure of the deal. I have to give Rick Smith and Chris Olsen a big thumbs up. There appears to be few options if Schaub not resigned.
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Can you explain a little more about this, I'm not seeing how the structure benefits the team in the event Matt Can't play it out.
 
Fiddler said:
Can you explain a little more about this, I'm not seeing how the structure benefits the team in the event Matt Can't play it out.
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Sure, as reported the contract guarantees Matt $29 million. Probably helps to ignore the total deal of $66m for now. He gets bonus upfront $17.5m that is in his pocket now and part of that guarantee. 2012 base salary $4.4 (which is lower than the $7m he was scheduled to get) gives him $17.5 + 4.4 = $21.9m by end of this season + 2013 $7.25m = $29million guaranteed. The next three '14, '15 & '16 not guaranteed. If Smith decides to cut him, no salary owed for any of those years. The $17.5 bonus as explained in earlier posts is divided by the 5 year length of new deal including '12= $3.5m per year for team cap purposes. If cut after 2014, he gets no $ and the remaining years of bonus & for cap purposes it all applies to the next season in full. If he gets cut before game one 2014 for example or three seasons early, $3.5 times 3 remaining years or 10.5m goes against 2014 cap rather than his 2014 salary of $10m + $3.5 bonus = $13.5m cap. About $3m savings to cap but huge savings on salaries.
 
As with all these nfl contracts, its the g-money. 24m is solid for schaub and texans especially when brees got 60m g money. Its probably a deal the texans can get out of in 3 yrs if we include this season. Good deal on both fronts.
 
Last September, the Texans opted after only one game to give Matt Schaub a long-term contract. He pocketed $22 million in 2012, and the question after the season will become whether the Texans want to throw good money after a suddenly bad player.

Per a source with knowledge of the contract, the cap hit becomes somewhat manageable after the 2013 season. If the Texans designate Schaub as a post-June 1 cut, the cap charge in 2014 would be $3.5 million. In 2015, $7 million in dead money would apply.

The Texans also would avoid paying Schaub $10 million next season by cutting him, along with another $1 million in total per-game roster bonuses.

While it’s debatable whether T.J. Yates or Case Keenum would be as good as Schaub, either guy would be a better choice on a dollar-for-dollar basis. They each will make less than 10 percent next year of Schaub’s scheduled pay in 2014.

One of them could be in line for a raise, as soon as next season.
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http://profootballtalk.nbcsports.com/2013/09/30/texans-can-escape-schaubs-contract-after-the-season/


The Texans have been criticized a lot recently for the four-year extension they gave Schaub last year on the eve of the 2012 season opener that totaled $69.7 million. Here's what I found while examining his contract:

The deal averages $15.5 million per year, with a $17.5 million signing bonus. It guarantees Schaub's base salary of $7.25 million this year. Between the signing bonus, this year's base, last year's base and a few workout bonuses, the Texans will have paid Schaub about $29.7 million of that contract by the end of this season.

If they decide Schaub isn't part of their future, they don't have to pay him one cent more. Schaub's 2014, 2015 and 2016 bases aren't guaranteed and in each of those seasons he has a roster bonus that pays him $1 million total if he's active for 16 games. That's $40 million the Texans would not be on the hook for if they didn't want to be.

Whether they will or not will depend on how Schaub plays the rest of this season. As I've been writing, I don't see his performances so far as evidence that the Texans should move on from him.
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From J.R on clutchfans
 
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In Week 1, The Houston Texans destroyed the Miami Dolphins in one of the most defensive-dominated games in the young team's history..

"Hey Matt, we know you just had major foot surgery and this was only the first week.. Ah heck, here's a 60 million dollar deal."

And I actually fooled myself into thinking maybe this was a good idea when the news broke. NOPE.
 
I just read the thread title and almost had a heart attack! Thank the invisible man in the sky that this is an old thread!
 
Still, with the money doled out to Flacco, Romo, & Ryan... I can't fault the Texans for the deal they gave Matt. He can stink it up the rest of the year, compared to those contracts, I'd do it all over again.
 
Scooter said:
i like it, though it's quite a bit bigger than i think it should be. schaub is the quarterback we're built for. when discussing our other quarterbacks i compare them to schaub ... can they "throw to a spot blindfolded" like schaub? the answer is always "no". average arm, no mobility, doesnt adjust very quickly ... but he's accurate and as i said - he can put the ball exactly where it's supposed to be based on the offensive and defensive calls faster than anyone we could sign. there is one knock, his heath ... and even that is hardly a knock. every injury is from awkward contact, not muscle or joint or anything hinting at a weakness.

towards his age, it doesnt matter. he's more in the chad pennington mold, decision and accuracy are key, though he still has more velocity than our current rookie. as long as matt and kubiak are together, he's going to be no worse than very very good.
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Dash said:
More than I was expecting but its good to have the extension finally out of the way now.
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cland said:
This is another great signing by the Texans, 15.5/yr (-the usual, contractual real world amount) for a QB is just where he should Schaub should be. He performs at a top third level and got a top third contract. He IS the Texans'/Kubiak's/System QB that is needed for the offensive system, and if anyone watched last year's playoff games you should feel comfortable that he can take us to a divisional championship and beyond.

His only replacement would come from having an absolute miserable year(s) and being lucky that a legitimate rookie QB was waiting there for you... Don't know about you all, but I'm not ready to do that yet, when we've finally gotten to the top of the hill.
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Thorn said:
Besides Schaub, who else would you recommend being our starting QB? Schaub, despite some of his failings, is still a good QB in Kubiak's system. And he did make some good throws today.
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Mailman said:
This is a great bargain for the team. Franchise quarterbacks are a rarity and must be protected from hitting the FA market. While there's a debate about where Schaub ranks among his peers at the position, in my opinion there's ample statistical evidence that he's an elite quarterback who deserves to get paid as such. Locking him up now was a very wise move because this team is primed to make a deep run, and every future success this season will only bump his price tag higher. Let's assume the Texans win the AFC or the SB and Schaub hits FA next season....what would the market price for his services be then?
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thunderkyss said:
Still, with the money doled out to Flacco, Romo, & Ryan... I can't fault the Texans for the deal they gave Matt. He can stink it up the rest of the year, compared to those contracts, I'd do it all over again.
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just reading some these posts, its no wonder why guys like Marciano, Schaub, and Kubiak keep getting extensions, our fans are just like Bob Mcnair.


:toropalm:
 
Come On Breh said:
just reading some these posts, its no wonder why guys like Marciano, Schaub, and Kubiak keep getting extensions, our fans are just like Bob Mcnair.


:toropalm:
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just reading this post. No wonder some people think we've got the dumbest fans in the NFL.

:dmbmtrfkrpalm:
 
Come On Breh said:
just reading some these posts, its no wonder why guys like Marciano, Schaub, and Kubiak keep getting extensions, our fans are just like Bob Mcnair.


:toropalm:
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You quoted me on a post I made a year ago? LOL

Circumstances have changed just a tad since then you know.
 
Thorn said:
You quoted me on a post I made a year ago? LOL

Circumstances have changed just a tad since then you know.
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I'm not just picking on a noob because he's new, but the tradition continues with the folks new to the board calling out people left and right. You can see it all over the place this week. I will never understand that crap.

EDIT: Also, everytime I see this thread I think they signed him again!!!! :eek:
 
Showtime100 said:
I'm not just picking on a noob because he's new, but the tradition continues with the folks new to the board calling out people left and right. You can see it all over the place this week. I will never understand that crap.
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As the Texans get more media attention, either good or bad, more folks will show up here, some of them inevitability a tad trollish.
 
Chances are this guy was singing Schaub's praises a year ago too; he just wasn't typing it, at least not here & under the same name.

I'm not so sure that Schaub is incapable of putting this crap behind him. We just had 2 QBs in the Superbowl that didn't look half as good as him this time a year ago. I think he was just a little too careless against other teams & was trying too hard when he screwed the pooch against Seattle. It's severely frustrating, but it's not like he just can't move the chains.

We came into this game expecting to get blown out & our D nearly pulled off the win. I'm still proud of the team.
 
Showtime100 said:
I'm not just picking on a noob because he's new, but the tradition continues with the folks new to the board calling out people left and right. You can see it all over the place this week. I will never understand that crap.

EDIT: Also, everytime I see this thread I think they signed him again!!!! :eek:
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They did, didnt ya hear they wanted to give him a boost in confidence, you think they could of found better ways :kitten:
 
HJam72 said:
I'm not so sure that Schaub is incapable of putting this crap behind him. We just had 2 QBs in the Superbowl that didn't look half as good as him this time a year ago. I think he was just a little too careless against other teams & was trying too hard when he screwed the pooch against Seattle. It's severely frustrating, but it's not like he just can't move the chains.
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I was actually thinking about this yesterday. I still think Matt's going to hit his career numbers. Over 4000 yards, high 20s, low 30s TDs & somewhere around 15 Ints.

He's already thrown 6, leaving 9 for the rest of the year. Maybe 10

But that's almost an interception a game. Should that be ok? I wouldn't have a problem with that if we were talking high 30s low 40s TDs, but that's not gonna happen.
 
It wasn't that bad of a deal was it? I read the other day that if the Texans were to release Matt Schaub after the June 1 cuts next off-season, they would only take a $3.5 million cap hit in 2014 and a $7 million cap hit in 2015, along with saving $10 million of base salary in 2014. They would also be off the hook for his 2015 and 2016 base salary which is $12.5 million and $14.5 million.

That's not as bad as I thought it would be. If the Texans' front office decides to go in another direction they will certainly have that option during the upcoming off-season (after June 1). So that would give them plenty of time to make other arrangements in April's draft and even in free agency, if they want to bring in more quarterbacks to look at.

If Matt Schaub is ultimately replaced, it's likely to be after June 1. That being said, I'm still supporting him as a fan and I want to see him succeed and lead this team to the Super Bowl. But I no longer feel optimistic about that happening. He would have to start playing a lot better and making smarter decisions. He's still making rookie mistakes and he's 32 years old, in year number seven with the Texans.
 
Bulls on Parade said:
It wasn't that bad of a deal was it? I read the other day that if the Texans were to release Matt Schaub after the June 1 cuts next off-season, they would only take a $3.5 million cap hit in 2014 and a $7 million cap hit in 2015, along with saving $10 million of base salary in 2014. They would also be off the hook for his 2015 and 2016 base salary which is $12.5 million and $14.5 million.

That's not as bad as I thought it would be. If the Texans' front office decides to go in another direction they will certainly have that option during the upcoming off-season (after June 1). So that would give them plenty of time to make other arrangements in April's draft and even in free agency, if they want to bring in more quarterbacks to look at.

If Matt Schaub is ultimately replaced, it's likely to be after June 1. That being said, I'm still supporting him as a fan and I want to see him succeed and lead this team to the Super Bowl. But I no longer feel optimistic about that happening. He would have to start playing a lot better and making smarter decisions. He's still making rookie mistakes and he's 32 years old, in year number seven with the Texans.
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Any prorated bonus ($3.5 m due '14, '15 & '16 = $10.5 m) is moved up to next upcoming season. In other words if cut after 2013, his entire $10.5 million prorated is counted as cap figure for 2014. His misc. bonuses are not counted. His 2014 cap hit was to be $14.5 m. $14.5 - $10.5 = $ 4 m savings to cap for 2014.

I do not expect that to happen. However, if not on roster after 2014, there is a savings of $10 m and by then Team should have better read on Yates and Keenum. The issue with this is the latter are FAs again after 2014.

My hope was to cut/trade MS, trade Yates prior to trade deadline 2014 and Keenum starts with new contract.
 
badboy said:
Any prorated bonus ($3.5 m due '14, '15 & '16 = $10.5 m) is moved up to next upcoming season. In other words if cut after 2013, his entire $10.5 million prorated is counted as cap figure for 2014. His misc. bonuses are not counted. His 2014 cap hit was to be $14.5 m. $14.5 - $10.5 = $ 4 m savings to cap for 2014.

I do not expect that to happen. However, if not on roster after 2014, there is a savings of $10 m and by then Team should have better read on Yates and Keenum. The issue with this is the latter are FAs again after 2014.

My hope was to cut/trade MS, trade Yates prior to trade deadline 2014 and Keenum starts with new contract.
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Unless he's designated a June 1st cut, then his cap hit will be spread over the 2014 & 2015 season. $14.5/2 = $7.25M which would free up $7.25M towards the cap.


Regardless, when you consider the size of the contracts & guaranteed money paid to comparable QBs in the 2013 off-season, it's a great deal. Romo, Flacco, Ryan.... $100M. None of them better than Schaub. Comparable, Flacco's got a ring & played lights out in the play-offs..... but not a better QB than Schaub.
 
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