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Old 05-20-2008, 04:34 PM   #1
The Juggernaut
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Matt Ryan signs


He got a $72 million contract that included $34.75 million in guarantees. The deal is pretty much the same as Jake's except the Falcons got him for an extra year, so if Jake was the normal 6 years instead of 5 it would have worked out to the same or slightly more. By giving Jake that much of an increase from last year's #1 pick which was a QB (when comparing it for the same # of years) agent Tom Condon really increased the rookies salary this year. I can't imagine the type of money he is taking in with all the top picks he has.
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Old 05-20-2008, 04:35 PM   #2
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Jake's is a 6 year deal.
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Old 05-20-2008, 04:39 PM   #3
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Quote:
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Jake's is a 6 year deal.
Nope, Jake's was a 5-year 57.75m with 30mil in guarantees. They are giving Ryan just a little bit more money.

I'm happy with Jake's contract.
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Old 05-20-2008, 04:45 PM   #4
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Being that I am ignorant of this sort of thing, can anyone tell me how that compares to other QB salaries (like Peyton M, Brady, and other top QBs).
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Old 05-20-2008, 04:46 PM   #5
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Old 05-20-2008, 04:55 PM   #6
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Here is the Link. Matt Ryan should not be getting more money than the number 1 pick. How many times does this happen in football. Atlanta is going down as one of the worst franchises in history for 2 reasons 1. WWWWAAAAYYYY over paying for an unproven rookie QB and 2. Hiring Mike Mularky as the offensive coordinator.


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Old 05-20-2008, 04:55 PM   #7
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Quote:
Originally Posted by Marino613 View Post
Being that I am ignorant of this sort of thing, can anyone tell me how that compares to other QB salaries (like Peyton M, Brady, and other top QBs).
Not sure about those guys but Raider QB and first overall pick last year

The Raiders and Russell's agents agreed last year on a six-year, $61 million rookie contract that guarantees him $32 million.
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Old 05-20-2008, 04:59 PM   #8
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Nope, Jake's was a 5-year 57.75m with 30mil in guarantees. They are giving Ryan just a little bit more money.

I'm happy with Jake's contract.
Nah it was a 6 year deal, they said it was 5 years because he can void the last year of his contract.
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Old 05-20-2008, 05:01 PM   #9
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Quote:
Originally Posted by Gonk View Post
Nope, Jake's was a 5-year 57.75m with 30mil in guarantees. They are giving Ryan just a little bit more money.

I'm happy with Jake's contract.
I'm sorry but this is incorrect. New details on Jake Long's contract have come out and there is, in fact, a 6th year. The reason it was originally reported as a 5 year deal is because the 6th year is easy for Jake to void. All he has to do is play something like 45% of the snaps in 2008, 2009, 2010, 2011, or 2012.

The problem is if he voids the 6th year, he also voids the salary that goes with the 6th year. The 6th year salary is PROBABLY around $6 million, if you assume a common escalating salary structure.

So, in effect, Jake's contract is probably more like 5 years, $51 million, with $30 million in guaranteed.

Compare THAT with Matt Ryan's contract, and you will see that the Atlanta Falcons just took it up the pooper.
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Old 05-20-2008, 05:05 PM   #10
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Old 05-20-2008, 05:11 PM   #11
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Based on my assumptions about the 6th year of Jake's deal being included in the $57 million total compensation figure, and that year's salary probably being about $6 million, I have Matt Ryan taking a 3.3% reduction in total guaranteed money per year relative to Jake Long, but having a 21% increase in total compensation per year.

The thing to pay attention to will be further clarification of Ryan's deal. The total compensation looks very high. It would be very in-character for Tom Condon to let the numbers leak out to the press and have as the total compensation the total possible money he can make if he hits all of his incentives, but it could very well be that the realistic figure is more like $63 million once you strip out unlikely incentives and escalators for things like Pro Bowls and Super Bowls, etc.
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Old 05-20-2008, 05:15 PM   #12
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Old 05-20-2008, 05:16 PM   #13
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the can thank the phins for setting market value
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Old 05-20-2008, 05:17 PM   #14
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Quote:
Originally Posted by ckparrothead View Post
Based on my assumptions about the 6th year of Jake's deal being included in the $57 million total compensation figure, and that year's salary probably being about $6 million, I have Matt Ryan taking a 3.3% reduction in total guaranteed money per year relative to Jake Long, but having a 21% increase in total compensation per year.

The thing to pay attention to will be further clarification of Ryan's deal. The total compensation looks very high. It would be very in-character for Tom Condon to let the numbers leak out to the press and have as the total compensation the total possible money he can make if he hits all of his incentives, but it could very well be that the realistic figure is more like $63 million once you strip out unlikely incentives and escalators for things like Pro Bowls and Super Bowls, etc.
The NFL needs a rookie salary structure. These rookie numbers are getting out of hand.

What are the odds that the next CBA has a rookie salary structure? I often wonder why (or if) the player's association, made up mostly of veteran players, would fight a rookie salary structure and free up the big contracts for the proven players.
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Old 05-20-2008, 05:19 PM   #15
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the agents are hating us for lowering the money and condon got the falcons to screw up
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