Full Breakdown of Haynesworth Contract

[emonroe726]

For you numbers Gurus...



http://insidethecap.blogspot.com/

Guaranteed Money:

- Signing Bonus: $5M

- 2009 guaranteed P5 salary: $6M

- Option Bonus: $21M

- 2010 guaranteed P5 salary: $3.6M

- 2011 guaranteed P5 salary: $5.4M

TOTALING: $41M guaranteed


Non-Guaranteed Money:

- 2012 P5 salary: $6.7M

- 2012 Off-Season Workout Bonus: $500K

TOTALING: $7.2M


Total Over 2009-2012: $48.2M


So you ask, I thought his contract was 7 years (2009-2015) for $100M? Well, here's where the fluff comes in. It goes as follows:


Non-Guaranteed Money:

- 2013 Discretionary Signing Bonus: $20M (OR if teams chooses at their discretion to not pay the Signing Bonus, there then becomes a $35M incentive that can be earned given certain performance)

- 2013 August 31 Roster Bonus: $500K

- 2013 P5 salary: $8.5M

- 2014 August 31 Roster Bonus: $500K

- 2014 P5 salary: $10.3M

- 2015 August 31 Roster Bonus: $500K

- 2015 P5 salary: $11.5M

TOTALING: (assuming the team elects to pay the discretionary signing bonus) $51.8M


Therefore, giving you a GRAND TOTAL of $100M over 7 years ($48.2M + $51.8M).

[AlexandertheGreatestFANEV]

Way to break it down, emonroe. I just hope that Haynesworth is worth all of it.

[Skins12th]

That is very interesting! I had a feeling that it wasn't totally as it seems on the surface. Am I right in thinking that some of those amounts are performance based? When it's broken down like this it doesn't seem as ridiculous as it did at first. Seems like a lot of it depends on fat Albert's ability to train, perform, and stay healthy. Thanks e-monroe!