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Post by joemcrugby on Jun 15, 2023 20:04:30 GMT -7
I called a friend that is FO on another NHL club, asked him about it, and he said they will probably use the 'bonus money' angle to lower the cap hit. I have wasted too much time on this already. I am comfortable that the FO people in Chargerland know what they are doing. Yep, the bonus structure is the way to manipulate the cap as your colleague has stated. And as we know, cap manipulations are like using a credit card: eventually the bill payment comes due. The Chargers will have a lot of major decisions to be made in 2024, but that's next year. Taking care of their franchise QB and seeking the gold in 2023 comes first! Another reason why a deal will get done over the next couple of months: they need to have certainty regarding Herbert’s contract in order to make the difficult decisions that they’ll have to make next offseason regarding high-priced vets still under contract such as Allen, Williams, Bosa, Mack & others in addition to free agents like Ekeler. Having a major unknown like how much they can afford to pay Herbert would make the front office engage in a game of throwing darts with a blindfold on.
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Post by chargerfreak on Jun 16, 2023 5:09:53 GMT -7
I'm sorry, but whoever is doing KC's cap is some kind of a wizard. Hate to say it, but I speak truth. The good news is they are already doing it so all we need to do is copycat it. What KC does is successfully restock their roster every year with rookies who immediately contribute as replacements for the non-franchise vets that they release to free up cap space. It’s as much / more so the GM who is knocking it out of the park as it it is cap manipulations. I agree. I think they played 9 rookies in the superbowl.
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Post by chargerfreak on Jun 16, 2023 5:12:37 GMT -7
Yep, the bonus structure is the way to manipulate the cap as your colleague has stated. And as we know, cap manipulations are like using a credit card: eventually the bill payment comes due. The Chargers will have a lot of major decisions to be made in 2024, but that's next year. Taking care of their franchise QB and seeking the gold in 2023 comes first! Another reason why a deal will get done over the next couple of months: they need to have certainty regarding Herbert’s contract in order to make the difficult decisions that they’ll have to make next offseason regarding high-priced vets still under contract such as Allen, Williams, Bosa, Mack & others in addition to free agents like Ekeler. Having a major unknown like how much they can afford to pay Herbert would make the front office engage in a game of throwing darts with a blindfold on.I disagree. The number is set by the market and trend. He is getting 53-54 a year. Just have to make year one the "soft" year, and graduate it from there.
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Post by chargerfreak on Jun 16, 2023 5:13:16 GMT -7
Another reason why a deal will get done over the next couple of months: they need to have certainty regarding Herbert’s contract in order to make the difficult decisions that they’ll have to make next offseason regarding high-priced vets still under contract such as Allen, Williams, Bosa, Mack & others in addition to free agents like Ekeler. Having a major unknown like how much they can afford to pay Herbert would make the front office engage in a game of throwing darts with a blindfold on.I disagree. The number is set by the market and trend. He is getting 53-54 a year over multiple years.. Just have to make year one the "soft" year, and graduate it from there.
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Post by ohioboltfan on Jun 16, 2023 6:49:24 GMT -7
I disagree. The number is set by the market and trend. He is getting 53-54 a year over multiple years.. Just have to make year one the "soft" year, and graduate it from there. Nominated POTD! It may not be obvious in this quoted reply, but the post I'm referencing is blank- nice and quiet!
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Post by chargerfreak on Jun 16, 2023 6:54:36 GMT -7
Nominated POTD! It may not be obvious in this quoted reply, but the post I'm referencing is blank- nice and quiet! It is better either to be silent or to say things of more value than silence
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Post by joemcrugby on Jun 16, 2023 7:37:22 GMT -7
Another reason why a deal will get done over the next couple of months: they need to have certainty regarding Herbert’s contract in order to make the difficult decisions that they’ll have to make next offseason regarding high-priced vets still under contract such as Allen, Williams, Bosa, Mack & others in addition to free agents like Ekeler. Having a major unknown like how much they can afford to pay Herbert would make the front office engage in a game of throwing darts with a blindfold on.I disagree. The number is set by the market and trend. He is getting 53-54 a year. Just have to make year one the "soft" year, and graduate it from there. Yes, they will know roughly what the market will be in 2024, but they know exactly what the market is right now. As for what terms Herbert's agent will agree to May - August 2024, who knows? The tough decisions on the players that I named will need to be made in March-April 2024, so it will be at best an educated guess as to if the numbers will align should they wait until 2024 to ink the extension. Absolutely no need for that drama and uncertainty: the deal gets done over the next couple of months. Bank on it.
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Post by chargerfreak on Jun 16, 2023 8:39:08 GMT -7
I disagree. The number is set by the market and trend. He is getting 53-54 a year. Just have to make year one the "soft" year, and graduate it from there. Yes, they will know roughly what the market will be in 2024, but they know exactly what the market is right now. As for what terms Herbert's agent will agree to May - August 2024, who knows? The tough decisions on the players that I named will need to be made in March-April 2024, so it will be at best an educated guess as to if the numbers will align when should they wait until 2024 to ink the extension. Absolutely no need for that drama and uncertainty: the deal gets done over the next couple of months. Bank on it. Burrow doesn't have his yet. Is there a trigger date of some kind for these ? I think not because Lamar got his.
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Post by joemcrugby on Jun 16, 2023 8:51:29 GMT -7
Yes, they will know roughly what the market will be in 2024, but they know exactly what the market is right now. As for what terms Herbert's agent will agree to May - August 2024, who knows? The tough decisions on the players that I named will need to be made in March-April 2024, so it will be at best an educated guess as to if the numbers will align when should they wait until 2024 to ink the extension. Absolutely no need for that drama and uncertainty: the deal gets done over the next couple of months. Bank on it. Burrow doesn't have his yet. Is there a trigger date of some kind for these ? I think not because Lamar got his. Like with Herbert, I fully expect Burrow's deal to be completed over the next couple of months. I can't see the Bengals franchise wanting that hanging over their heads for the next 14 months given Burrow's & the Bengals' performance on the field the past couple of years. Lamar was intent on matching the Browns' idiotic fully guaranteed contract with Watson, but he finally recognized that the Ravens weren't going to follow in footsteps of the desparate Browns franchise. The Watson deal will remain an outlier.
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Post by chargerfreak on Jun 16, 2023 9:13:08 GMT -7
Burrow doesn't have his yet. Is there a trigger date of some kind for these ? I think not because Lamar got his. Like with Herbert, I fully expect Burrow's deal to be completed over the next couple of months. I can't see the Bengals franchise wanting that hanging over their heads for the next 14 months given Burrow's & the Bengals' performance on the field the past couple of years. Lamar was intent on matching the Browns' idiotic fully guaranteed contract with Watson, but he finally recognized that the Ravens weren't going to follow in footsteps of the desparate Browns franchise. The Watson deal will remain an outlier. What I thought was funny was Atlanta was desperate to get Lamar. He would not get off of that Watson guaranteed money number and Atlanta told him no !!!! Lamar desperately needed an agent. He could have saved everyone a long drawn out process.
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Post by joemcrugby on Jul 25, 2023 16:00:20 GMT -7
What did I tell you??? 😉
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Post by joemcrugby on Jul 25, 2023 16:06:58 GMT -7
Sources: Chargers, QB Justin Herbert agree to 5-year, $262M extension
Lindsey Thiry, ESPN Jul 25, 2023, 07:00 PM ET COSTA MESA, Calif. - The Los Angeles Chargers and quarterback Justin Herbert have agreed to terms on a five-year, $262 million contract extension, sources told ESPN's Adam Schefter. The deal comes a day before the Bolts open training camp and keeps Herbert, 25, under contract in L.A. through the 2029 season. Herbert becomes the third quarterback this offseason to agree to a blockbuster extension following new deals between the Philadelphia Eagles and Jalen Hurts (Five years, $255 million) and the Baltimore Ravens and Lamar Jackson (Five years, $260 million). Herbert's deal makes him the highest-paid quarterback in NFL history based on average annual value. "I sleep better at night knowing we have a franchise quarterback," Chargers general manager Tom Telesco said at the end of last season. "He's done so much already in his young career, yet we all know there's still a lot there because of his commitment to the game." Herbert has surpassed several significant statistical NFL milestones since he was selected with the sixth overall pick in 2020 and last season led the Chargers to their first playoff appearance since 2018. In three seasons Herbert is 25-24 with a playoff loss. He has passed for 14,089 yards, besting Andrew Luck for the most passing yards through a quarterbacks first three NFL seasons. He has completed 1,316 career passes, which also is the most in league history through a player's first three seasons. His 64 Total QBR is ranked fourth best in the NFL since his rookie season in 2020. Herbert has thrown 94 career touchdowns, recording three consecutive seasons with at least 25 passing touchdowns - putting his name alongside Hall of Famer Peyton Manning's as the only quarterbacks to accomplish such feats at the outset of their careers. Despite two seasons remaining on his rookie deal, the Chargers opened negotiations with Herbert on a long-term extension shortly after the 2022 season when he became eligible. Earlier this offseason at the NFL Annual Meeting in Phoenix, coach Brandon Staley expressed confidence that Herbert would remain with the team for "a long time." "We're so excited that he is leading our franchise," Staley said. The Chargers' ability to strike a deal with Herbert before opening training camp ensures that the organization not only has their most important player under contract into the foreseeable future but will allow for the team to focus solely on earning a repeat postseason appearance, something they have not accomplished since making four consecutive playoff appearances from 2006 to 2009. This season Herbert will be under the direction of new offensive coordinator Kellen Moore, who joins the Bolts after four seasons as the Dallas Cowboys offensive coordinator, where his unit ranked in the top four in points per game (27.7), yards per game (391) and third-down conversion percentage (44%). Herbert also will have at his disposal a plethora of playmakers, including receivers Keenan Allen and Mike Williams, first-round pick Quentin Johnston, as well as running back Austin Ekeler, who last season led the NFL with 18 touchdowns. Herbert was scheduled to earn $4.23 million in the fourth season of his rookie contract. www.espn.com/mlb/story/_/id/38068747/sources-chargers-qb-justin-herbert-agree-5-year-262m-extension
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Post by afboltfan on Jul 25, 2023 16:18:11 GMT -7
Good for him. Its done, no more speculation... Now lets see how TT can handle that giant cap hit and build a team around Herbert.
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Post by joemcrugby on Jul 25, 2023 16:19:32 GMT -7
Good for him. Its done, no more speculation... Now lets see how TT can handle that giant cap hit and build a team around Herbert. Massive decisions to be made after the season, but that's 8 months from now. It's go time in 2023!!! ⚡️ ⚡️ ⚡️
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Post by frozendisc on Jul 25, 2023 17:18:20 GMT -7
I wonder how much Tua will get......
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