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Chargers protected in McNeill deal

Discussion in 'Chargers Fan Forum' started by Johnny Lightning, Oct 14, 2010.

  1. Johnny Lightning

    Johnny Lightning Go Bolts

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    By Kevin Acee
    Thursday, October 14, 2010 at 2:40 p.m.


    Marcus McNeill’s contract is an excellent example of why we use the term “virtually” guaranteed when reporting such deals.
    Based on a total of $48.985 million over six years (including 2010) McNeill becomes the fifth-highest-paid left tackle in the NFL in terms of average per year.
    But while it is likely he will make at least $24.485 million between now and 2012, there is very little money ($2.235 million) absolutely guaranteed.
    The contract greatly protects the Chargers against injury and also gives them the flexibility to go another direction after every season.
    McNeill was almost signed to a multi-year contract in 2008 when he suffered a freak neck injury early in training camp. That deal was pulled as a result. McNeill missed the first two games of the 2008 season and underwent neck surgery afterward.
    Those are the only two games McNeill has missed in his four seasons, but he does have a spinal condition called stenosis, which prematurely ended the career of left tackle Chris Samuels after last season.
    In McNeill’s new contract, signed this morning, there was a $1.791 million signing bonus and a $444,000 base salary for this year. That makes McNeill's 2010 haul $2.235 million, approximately equivalent to the prorated 12-week portion of the $3.168 million he would have made had he signed his tender before Aug. 20.
    But there are no other bonuses.
    His $10 million salary in 2011 is guaranteed only against injury until the third day of the league year. Up to that point, the Chargers could cut McNeill for any reason. After that time, his 2011 salary is fully guaranteed and his 2012 salary is guaranteed against injury, which is where that becomes virtually guaranteed since it is unlikely the Chargers will cut him for any other reason at that point.
    McNeill’s $10.5 million salary for 2012 becomes fully guaranteed on the first day of that league year.
    League years generally start at the beginning of March and signal the start of the free agency period.
    Just $1.75 million of McNeill’s $7.75 million salary is guaranteed in 2013, again when he is on the roster on the third day of the league year.
    He is scheduled to make $8.75 million in 2014 and $9.75 million in 2015.
    The signing bonus, 2011 and ’12 base salaries and the guaranteed portion of the 2013 base salary make up the $24.485 million in virtually guaranteed money.
     
  2. matilack

    matilack Take A Knee McCree!!!

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    Clearly a lot of the Chargers concern is his spinal condition.

    Probably why this deal wasn't done earlier, McNeill wanted the guaranteed money and AJ was cautious.
     
  3. DenverBolt67

    DenverBolt67 BoltTalker

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    That is the kind of contract that should be standard around the league. I still think this deal could and should have been done 6 months ago, but it takes both sides being willing to negotiate rather than taking a stance and refusing to budge
     
  4. DenverBolt67

    DenverBolt67 BoltTalker

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    Looking at this contract, why do people keep saying that he got $48.5 mil in guaranteed money, when Kevin Acee is basically saying there is very little guaranteed money?
     
  5. boltssbbound

    boltssbbound Well-Known Member

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    This is pretty much the way contracts are always described. Players are said to receive so much in "guaranteed money" even though a lot of the guaranteed money is in the form of roster bonuses that are deferred to later years of the contract. If the Chargers cut him, they don't have to pay the roster bonus. The only thing different about this contract compared to most long-term deals is that McNeill is getting less signing bonus money up front and more in roster bonuses.
    This makes sense due to him having spinal stenosis. The threat of sustaining a career ending injury is bigger with Marcus, so the team structure the contract accordingly. Shows the kind of attitude that Marcus has that he was OK with it. He wants to go out and earn his money through his play on the field.
     
  6. DenverBolt67

    DenverBolt67 BoltTalker

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    His contract has a max potential of $48.5 mil, he is only guaranteed about $2.5mil as the team can release him due to injury after this season and they are not on the hook for anything other than the $2.5 mil. That is different than what a lot of players get in guaranteed money. Their money is truly guaranteed with the potential of more. Rivers got 7 years, $98 mil, with $38 mil guaranteed. If they released him today, they would only be on the hook for the $38mil, not the $98 mil. McNeil has very little in guaranteed money, at least according to the quote from Kevin Acee posted above
     
  7. Dublin Bolt

    Dublin Bolt BoltTalker

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    Yep that's how I read it too. This contract is on the team's terms period. I truly hope Marcus goes onto perform brilliantly and earn lots of this contract, he will deserve it, unlike many in the NFL who get 'guaranteed' money for nada e.g. see 1st round draft picks.
     
  8. DenverBolt67

    DenverBolt67 BoltTalker

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    I would have to guess that the injury protection that the team has is pretty specific, and they cannot get out of it due to performance. But that is just a guess. It gives the teams protection against the neck/back injury that they have been worried about, while still giving McNeil the contract he is looking for.

    I still question why the Chargers refused to even negotiate this contract 6 months ago.
     
  9. SDRaiderH8er

    SDRaiderH8er Well-Known Member

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    as long as both sides are happy, I hope he is around to play the last play in his final year.
     
  10. BoltzRule

    BoltzRule Well-Known Member

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    I think D'Brickashaw Ferguson signed a similar deal earlier in the year. They also did they same thing and said xx was guaranteed when it really wasn't. It's more so the agent looks good than anything. I mean $30 million guaranteed sounds better than $3 million.
     

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