Originally Posted by smitty46953
(Post 262175)
The thing with Lamar, whether it is a trade or offer on his tag is the financial ramification's that come with the fully guaranteed contract. Jackson depending on rumors is wanting north of the fully guaranteed $230,000,000 contract signed by Deshaun Watson with the Browns. I believe the owners are trying to steer clear of these contracts, while the NFLPA are advocating for them.
I believe the owners if I understand it correctly are required to follow the NFL's funding rule which stipulates that every fully guaranteed dollar owed to a player, but not yet paid to him, must be placed in a league-run escrow account. In other words, even if a player is owed guaranteed money over the course of three, four, or five years, ownership still must place all of that money into a separate bank account.
Some owners, their family members and or shareholders/partners, rely on income from the team for their livelihoods. Others, such as the Browns, who are owned by truck stop mogul Jimmy Haslam, who’s worth an estimated $5.5 billion, can afford to squirrel away $230 million more easily than some other organizations.
Regardless of whether or not a team, such as the Colts and Jim Irsay can afford it. I believe the consensus of the owners is to avoid such contracts.
Personally, I would rather go with a rookie QB pay scale and cap implications rather than one player eventually with a $50,000,000 cap hit hindering signing of others around him.
Just my $0.02 worth :cool:
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