kelticwizard Posted August 21, 2008 Share Posted August 21, 2008 (edited) I can't dissect your post this morning, but suffice to say you are making a number of massive assumptions, many of which are not even reasonable ones: - the salaries from one year to the next for an individual player are the same. You don't take into account increases from one year to another one one contract, and I don't mean an average 10% increase or whatever. I mean like when Pennington was making $1M or whatever in year 4 and then it jumped to $5M in year 5 of his rookie deal. You are assuming 2007 salaries to be the same as 2008. A lot of the highest-paid QB's just signed massive deals in the past 1-3 years. Those first 1-3 years the salary is intentionally dropped and the big money is instead given in a signing bonus. This is intentional by both parties; the team doesn't give up a giant $15-30M SB plus a $5-15M salary in year one, and for the player it provides security by back-loading the deal & getting SB money instead, so they become un-cuttable without the team taking an 8-figure dead cap hit. We went through that with Pennington after his first shoulder injury, and again after his 2nd one. We couldn't cut him because we would have had to absorb (depending on the season) a $15M or $12M dead cap hit. As it is right now we have to absorb a $6M dead cap hit ($3M in '08, $3M in '09). But the gyst of it is you're making a massive assumption that none of the players above the 2007 $4M level and none of the players below the 2007 $4M level make as much as $4M, in addition to glossing over a rookie QB who just got a $12M/yr deal and another that got a $6M/yr deal. I can understand that contracts are structured so that where a player ranks in terms of pay varies with his year on the contract. And that these contracts tend to leap frog each other. Nonetheless, when dealing with several dozen contracts things do tend to average out and a norm emerges. From there, you can get a good idea of what constitutes normal pay for a starting quarterback. Whether Chad's pay is actually 16th, 20th or even 25th is not so important so long as it is somewhere in the usual range for starting QB's. Which it certainly appears to be, even if allowing for the difference between 2008 and 2007, the last year for my source. - "Clearly, what we have here is Parcells getting on the horn to Chad's agent and saying:" - "Which means some reporters asked the Minnesota GM, "Did you contact Pennington's agent"?" Neither of these things are assumed to be or known to be correct. As I recall, it was Pennington's agent who listed the teams that had shown interest, not the Minnesota GM. You're saying these imaginary things & conversations as though they actually happened and using these imaginary statements as a basis for an argument. Chad's agent announced the Miami deal about 26 ot 27 hours after Chad got cut. The 24 hour offer is a common one both in and out of sports, so when you see the announcement a deal is made nearly 24 hours to the hour after an offer is made, it is a good guess that it was a 24 hour offer. As for the Minnesota thing, are you sure that absolutely no reporters asked them about Chad? Regardless, even if Chad's agent was the source of who he had contact with, Minnesota would have good reason not to want the reporters to know if they did discuss Pennington. And if the agent is smart, he would honor the request not to name Minnesota, if indeed such request was made. I'm not saying Minnesota necessarily did contact Pennington's agent, I'm just saying that if they did I can't imagine them wanting it to get out. NO free agent QB speaks to only one team & that's that. Miami offered up the best deal & best possible chance at starting. Partly because Parcells wanted him (for whatever that's worth these days) but mostly because they had no one else who they could envision starting the full season. I never said his agent only talked to one team. I only meant that Parcells' offer of a starter's salary, starter's job from Day One and the likely 24 hour limit on acceptance pretty well prevented other interested teams from increasing their offer as negotiations wore on. They either had to match or exceed Parcells' offer in 24 hours or Chad's gone to Miami. Parcells was no doubt sure this combo would bring Pennington to the Dolphins without having to pay $6M and it worked. - Saying something worked out (for Miami) does not in any way mean there was this tremendous demand for Pennington, nor does it mean that Miami had their hearts set on Pennington. An opportunity presented itself for Parcells, and after seeing a little bit of the QB's he's got he felt that Pennington was the better option. But Parcells has made many bad QB moves in the past, even if he got lucky on a couple like Testaverde in '98 (which was more BB telling BP to bring him in) and Tony Romo. But he missed on a whole lot of others (Glenn Foley, Bledsoe with Dallas, Testaverde with Dallas, Drew Henson, Chad Hutchinson, etc.). He has a track history of having an unhealthy affinity for his former players & they don't work out quite a bit (Keyshawn, Aaron Glenn, Jason Ferguson) while players he absolutely didn't want (Owens, drafting Terry Glenn, and others) but got overruled by the GM/owner, gave him instant success he never would have gone after. I am not so sure what constitutes "tremendous demand" for a QB who got cut loose only 4 weeks before Opening Day. Daunte Culpepper and Byron Leftwich were both established starters who unable to connect with any team after being cut. I think Leftwich just signed for a minimum contract to be a backup with some team who lost a QB to injury. It's not so unusual for starters to disappear out the league under circumstances like this. At any rate, at this late date I would think that any team who did offer a starting job to Pennington-or who mentioned starting at all-would want discretion from the player's agent about what was offered if they did not land the player in question.. So to sum up, there is no way Chad Pennington is the 16th-highest paid QB. And by inference of that salary (which I think is the reason you brought it up in the first place) that he is the 16th-most "in-demand" QB in the NFL. He may not have gotten the 16th highest contract but he certainly landed on his feet when cut a few weeks before the season in a way others in similar circumstances did not. Landing a starting job and starter's salary in just 24 hours strongly indicates that Pennington had worth his detractors denied him. And we really don't know if any other clubs offered him a starting job. Edited August 21, 2008 by kelticwizard Quote Link to comment Share on other sites More sharing options...
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.