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Old 02-02-2018, 12:45 PM   #501
Meks
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Join Date: Mar 2007
Location: South Jersey
Age: 40
Posts: 5,830
Re: Redskins trade for Alex Smith

Quote:
Originally Posted by Schneed10 View Post
Yeah. Math checks, but that's just back of the envelope math.

In reality it's probably structured such that:

- The $17M due in 2018 was fully guaranteed

- All money in 2019 and 2020 associated with the new contract was fully guaranteed. Let's assume it's $23M each season.

- There was probably a signing bonus. If you add up the above two bullets, that's $63M guaranteed. So if there was a $8M signing bonus, that gets you to $71M.

That means we've guaranteed him through 2020 (3 years), and we could get away from him after that if we wanted, without cap implications.

I can't know that this is the way it looks, but it's highly likely given Schaffer's MO with bigger contracts.
yea this is a likely scenario and honestly i suppose im comfortable with it - especially if there are some nuances to the verbiage that covers us in case of injury and the like.
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