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Old 07-24-2013, 08:36 PM   #52
NC_Skins
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Join Date: Nov 2010
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Re: Around the NFL 2013 Offseason (Episode 99)


You posted a article with a NFL executive praising the contract. I'm sure he is praising the contract because the ownership pulled a fast one on a newbie agent.

This is why it's a bad deal for players to tie their bonuses to workouts. Near the end of their contract, when do players usually hold out in search of a new contract? You guessed it. Work outs and OTAs. Now, if he holds out on those looking for a better contract, he loses out on money tied to the workouts that should have been guaranteed in the contract. Unlike the other rookie QBs who had that extra money guaranteed in their contracts. Smith can't hold out because his extra money is tied up into workouts and OTAs.

Quote:
Typically, players must participate in 80 percent of the offseason workouts to earn the bonus. For Smith, this puts extra pressure on him to be able and willing to show up and work out in the final two years of his deal. If he fails to meet the minimums, he’ll potentially lose hundreds of thousands of dollars.

Even taken from the very article you posted:

Quote:
The clause also sets up inexperienced agent Kim Miale and her boss, Jay-Z, for criticism from the agent community, which tends to criticize anyone and anything if it means helping them expand their portfolio of clients. In this specific case, given the details of the rookie deals signed by the players taken before and after Smith, the criticism may be justified.
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