'Overpaying' reality check

[Schneed10]

Originally Posted by JWsleep

Good post--this point has been made elsewhere (see Schneed's posts): the new CBA has jacked up saleries, so they look very high to folks. ANd I completely agree: everyone is gonna say the skins overpaid, we'll be in cap hell, etc. as if they haven't noticed the last season AT ALL, and think EVERYTHING we do is Deion, Bruce Smith, ETC ETC.

Not worth getting excited about. We'll do our thing, and they can keep yapping.

Yeah I think the reporters that are ripping us, like Priscoe and Judge, have yet to realize the effects of the new salary cap. The cap went from $85 million to $102 million, which amounts to a 20% increase. If you want to see what Randle-El's contract would have been worth last year, you have to dial it down by 20%.

The contract is $11.5 million in bonus, and $31 million overall. Last year, adjusting down by 20%, that would have amounted to $25.8 million over 7 years, with a $9.6 million bonus.

Those are the kind of numbers we're used to seeing and if you look at it in last year's terms, it puts it in better perspective. If it helps you put things in perspective, just divide all dollars of a contract by 1.2. I'll probably need to do this until I get used to the new cap. Looking at Randle-El's contract that way, I think the overall value seems reasonable. The guaranteed $ still seems high to me, but I guess that's what it took to get him signed, and I guess it can be justified based on the return abilities and the trick play potential he also brings.