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Mike Florio thinks Luck should sign for a % of salary cap


tiger7_88

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And I encourage the Colts and Luck to do just that!!! lol

http://profootballtalk.nbcsports.com/2016/06/09/luck-should-insist-on-a-percentage-of-the-salary-cap-in-future-years/

Signing players to salary cap percentages would give a GM *zero* flexibility in managing a roster.  As a matter of fact, a superstar QB would cripple a team with a long-term percentage of salary cap IMO.

So, again, I highly encourage the Colts/Luck, the Falcan'ts/Ryan, and the Ain'ts/Brees, to quickly come to an understanding on such deals!

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Florio is an idiot who is trying to transform himself into some kind of white knight for NFL players. Part of me almost wonders if the guy is trying to use his site to position himself to take over the NFLPA one of these days. He is a lawyer after all. I'll just copy and paste my comment from that article. 

Doesn’t work like that. The player signs a long-term contract to get big guaranteed money up front. The team signs him to a long-term contract to get the player locked up at today’s rate. Are you gonna buy a house with a variable principal on the mortgage where you constantly pay the current market value of your house? Hell no. There would be no incentive to buy if that was the case. Same with contracts. There would cease to be long-term contracts if players insisted on being paid like this because you’d be removing the primary incentive of a team to sign a player long-term. A team would be crazy to accept the risk of paying out big guaranteed money up front without getting the value of locking up the player at today’s value. If the player wants to be paid this way, he already has that option. Force the team to use the franchise tag or refuse to sign a long-term contract and insist on a shorter contract so that he’ll consistently be able to be in a position to renegotiate. Revis had been doing this for years until recently signing a long-term deal as he’s getting older and it benefitted him to do so since his skills will probably begin to diminish.

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Top paid qb's salery should be tied by a percentage, that way their value never goes higher than a team is willing to deal with. 

I've liked this idea for over a decade. 

Same for top paid DE's. It's a way doing a contract cap. 

Never thought I'd see the day where it's actually being considered. Doesn't surprise me that so many oppose.

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No team would ever go for it without eliminating or drastically reducing guaranteed money and no player would ever agree in that case. As stated above it just doesn't work or make sense.

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20 hours ago, LinvilleGorge said:

Florio is an idiot who is trying to transform himself into some kind of white knight for NFL players. Part of me almost wonders if the guy is trying to use his site to position himself to take over the NFLPA one of these days. He is a lawyer after all. I'll just copy and paste my comment from that article. 

Doesn’t work like that. The player signs a long-term contract to get big guaranteed money up front. The team signs him to a long-term contract to get the player locked up at today’s rate. Are you gonna buy a house with a variable principal on the mortgage where you constantly pay the current market value of your house? Hell no. There would be no incentive to buy if that was the case. Same with contracts. There would cease to be long-term contracts if players insisted on being paid like this because you’d be removing the primary incentive of a team to sign a player long-term. A team would be crazy to accept the risk of paying out big guaranteed money up front without getting the value of locking up the player at today’s value. If the player wants to be paid this way, he already has that option. Force the team to use the franchise tag or refuse to sign a long-term contract and insist on a shorter contract so that he’ll consistently be able to be in a position to renegotiate. Revis had been doing this for years until recently signing a long-term deal as he’s getting older and it benefitted him to do so since his skills will probably begin to diminish.

Luck isn't house, he's an asset who is capable of doing things that only a few people in the world can do. this gives him leverage to make demands that a normal person (house) couldn't. just because no one has ever made a salary cap based contract before doesn't mean he can't negotiate to get one. it's entirely possible, because the colts need him a lot more than he needs the colts.

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The main problem is that if you did a 10 year contract that was based on a % of the salary cap, It could get absolutely outrageous fairly quickly.

 

Here would be the salaries if a 10 year contract was signed at 17% of the projected cap (increase of $12,000,000/year):

 

Capture.PNG

 

So you would be looking at a 10 year $400,395,900 contract, but only at the projected numbers that I used. the actual value of the contract would be impossible to know for certain. Also, it raises the possibility, that while unlikely, the salary cap could be stagnant for a year. Also, contracts would likely cross over beyond the current collective bargaining agreement, which could have an affect on the salary cap. 

 

In summary, it is a terrible idea, and would never be really considered by a GM of an NFL team.

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10 minutes ago, CamMoon said:

I'm a bit confused. Andrew Luck was garbage last year, even before his "injury". How is he even in any position to negotiate a big contract? 

Because he is The Great White Hope. In his case, for some reason, potential still outweighs performance.

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12 minutes ago, CamMoon said:

I'm a bit confused. Andrew Luck was garbage last year, even before his "injury". How is he even in any position to negotiate a big contract? 

Google the following phrases:

"Indianapolis Colts General Manager"

"Indianapolis Colts Team Owner"

These two things explain a lot.

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