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-   -   Chiefs Brett Veach prioritizing re-signing Chris Jones, L'Jarius Sneed (https://www.chiefsplanet.com/BB/showthread.php?t=352215)

duncan_idaho 02-13-2024 10:21 AM

Quote:

Originally Posted by notorious (Post 17399653)
10 million?

How can a person make it on only 300-500k in interest per year? Ramen?

We also have to operate from the perspective that 45-50 percent of what players are paid is gone to taxes, paying their agents and other representation, etc.

Safest is to assume that players only pocket/receive 1/2 of what their salary is.

DJ's left nut 02-13-2024 10:31 AM

Quote:

Originally Posted by duncan_idaho (Post 17399689)
We also have to operate from the perspective that 45-50 percent of what players are paid is gone to taxes, paying their agents and other representation, etc.

Safest is to assume that players only pocket/receive 1/2 of what their salary is.

By the same token, we don't know or consider what they're pulling in from endorsements, etc...

Let's assume for the sake of argument that Jones has only pocketed half his $90 million in career earnings. That's $45 million. Is there any reason at all to say he hasn't cleared another several million in various endorsement opportunities over his career? It's not going to be Mahomes money as a DL, but he's gotta be at $50 million in take-home over the course of his career.

I mean we have inverted yield curves on CDs that will turn out 5% over 9-12 months. There's no reason why he couldn't be pulling down $2+ million/yr in interest on the res.

Jones shouldn't be hurting. Ever. But ultimately he's a guy who clearly sees his contract as a proxy for respect. As I said in the summer - dude's pride is driving the bus. Or at least it was.

We'll see if anything has changed in that regard but I don't see any reason to presume it has.

JohnnyHammersticks 02-13-2024 10:31 AM

Quote:

Originally Posted by DJ's left nut (Post 17399447)
My thoughts on Jones over in the draft forum:



I think you can bring them both back without mortgaging TOO much. It'll take a little compromise from Jones (and if he's wanting 4 years of 'real' money, it's not going to happen). But if he's willing to accept some fake money at the back of the deal, you can bring them both back without really blasting the cap.

And then you can use restructures as Taylor/Mahomes are willing to clear another $40 million as needed to look into adding more weapons/OT help.

It's not a brutally difficult path forward to keep this roster largely intact and even boost it in some key areas. It's not my normal path, but pursuing a 3-peat aint a normal scenario.

Keep going, I'm almost there... :whackit:

https://media1.giphy.com/media/Zd1BU...&rid=giphy.gif

tredadda 02-13-2024 10:36 AM

Quote:

Originally Posted by DJ's left nut (Post 17399708)
By the same token, we don't know or consider what they're pulling in from endorsements, etc...

Let's assume for the sake of argument that Jones has only pocketed half his $90 million in career earnings. That's $45 million. Is there any reason at all to say he hasn't cleared another several million in various endorsement opportunities over his career? It's not going to be Mahomes money as a DL, but he's gotta be at $50 million in take-home over the course of his career.

I mean we have inverted yield curves on CDs that will turn out 5% over 9-12 months. There's no reason why he couldn't be pulling down $2+ million/yr in interest on the res.

Jones shouldn't be hurting. Ever. But ultimately he's a guy who clearly sees his contract as a proxy for respect. As I said in the summer - dude's pride is driving the bus. Or at least it was.

We'll see if anything has changed in that regard but I don't see any reason to presume it has.

I would be curious as to what endorsement deals he will get this offseason. If you remember, Kelce was never on TV prior to last season’s SB win. Suddenly he was everywhere (even pre Taylor). Jones is well spoken and should be more appealing now after the SB win, especially with his impact during this run. He is far more well known to average Joe America.

notorious 02-13-2024 10:41 AM

Quote:

Originally Posted by duncan_idaho (Post 17399689)
We also have to operate from the perspective that 45-50 percent of what players are paid is gone to taxes, paying their agents and other representation, etc.

Safest is to assume that players only pocket/receive 1/2 of what their salary is.

In general, 10 million plenty of money and easy to live off of for a 20 year old and still have the full bag for retirement.

Hell, if a person has 1.5-2 million they could live very well in most of the country and still have the bag in the end.

MAHOMO 4 LIFE! 02-13-2024 10:44 AM

I’d give jones 28 mil a year, 4 year deal. 90 mil guaranteed with 3 mil in incentives each year. 1 mil each for all pro, 10 plus sacks and Super Bowl win

Woogieman 02-13-2024 11:08 AM

Quote:

Originally Posted by The Franchise (Post 17399616)
I would take the opposite route with Omenihu. I would extend him instead of cut him. Get his cap hit down this next year and add a couple of years onto his deal. He flourished in this defense and I'd want him back when he's healthy.

Spags's D is at its best when he has flexible players that can be moved around, and that's what Omenihu is. He performed very well and I think he is a piece Spags would prioritize.

MAHOMO 4 LIFE! 02-13-2024 11:13 AM

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">&quot;You&#39;re the greatest to ever do it.&quot;<br><br>This moment between <a href="https://twitter.com/tkelce?ref_src=twsrc%5Etfw">@tkelce</a> and <a href="https://twitter.com/StoneColdJones?ref_src=twsrc%5Etfw">@StoneColdJones</a> after <a href="https://twitter.com/hashtag/SBLVIII?src=hash&amp;ref_src=twsrc%5Etfw">#SBLVIII</a>. ❤️ <a href="https://twitter.com/NFLFilms?ref_src=twsrc%5Etfw">@NFLFilms</a> | <a href="https://twitter.com/insidetheNFL?ref_src=twsrc%5Etfw">@insidetheNFL</a> <a href="https://t.co/lBaRNqz3nE">pic.twitter.com/lBaRNqz3nE</a></p>&mdash; NFL (@NFL) <a href="https://twitter.com/NFL/status/1757430760238117264?ref_src=twsrc%5Etfw">February 13, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

saphojunkie 02-13-2024 11:15 AM

Quote:

Originally Posted by Marcellus (Post 17399554)
I guess I missed the post where people were saying CEO's are underpaid and need to get their $ now while they can.

I've never seen anyone defend CEO salaries like they do NFL players. But much like NFL players its all about what the market will pay.

The difference is that when Chris Jones gets $100M they don't layoff the hot dog vendors making minimum wage.

duncan_idaho 02-13-2024 12:04 PM

So, how could this look?

1. Restructure Patrick Mahomes ($36M) +$28.8M
2. Extend Justin Reid (4 years, $49.4M) +$6M
3. Cut Marquez Valdes-Scantling + $12M
4. ERFA Tender Herring, Caliendo, Cochrane, Nazi Johnson -$3.87M
5. Extend Drue Tranquill (2 years, $10.2M) -$4.6M
6. Extend Charles Omenihu (3 years, $29.9M) +$3M

Using the OTC calculator, that puts the Chiefs at $52.375M of cap space with 49 players under contract.

So, let’s experiment with a Jones AND Sneed re-up.

1. Extend Chris Jones (5 years, $150M, with $40M signing bonus, cap hits of 18.1, 26.1, 28.1 in first 3 years to get him to 3/88 and add some incentives to get to 3/90 )
2. Extend L’Jarious Sneed (4 years, $80.9M with $24M signing bonus, cap hits of 13.125, 19.2, 22.2, 25.3)

With that done, the Chiefs are sitting with 50 players under contract for 2024 with about $36.5M in cap space. The 2025 outlook is tough, though – 27 players under contract with only about $20M of effective cap space.

You’d be able to create a lot of space in 25 with a Mahomes restructure, but this plan probably leaves you committing to – at most – 1 of Bolton, Humphrey, and Trey Smith. Or cutting Joe Thuney and eating $10M of dead cap to gain $16M in space.

TheGuardian 02-13-2024 12:04 PM

Quote:

Originally Posted by The Franchise (Post 17399542)
You feel the same way about all of those billionaires and CEOs making millions as well?

NFL players aren't generally creating thousands of jobs. Unless you can start to name all of them that I'm unaware of.

Mecca 02-13-2024 12:06 PM

Quote:

Originally Posted by Marcellus (Post 17399554)
I guess I missed the post where people were saying CEO's are underpaid and need to get their $ now while they can.

I've never seen anyone defend CEO salaries like they do NFL players. But much like NFL players its all about what the market will pay.

NFL players have a small window to get paid...a CEO can get paid basically till the day he dies if he chooses.

That's a weird comparison.

-King- 02-13-2024 12:06 PM

Quote:

Originally Posted by TheGuardian (Post 17399862)
NFL players aren't generally creating thousands of jobs. Unless you can start to name all of them that I'm unaware of.

What exactly is the point you're trying to make?

DJ's left nut 02-13-2024 12:08 PM

Quote:

Originally Posted by duncan_idaho (Post 17399861)
So, how could this look?

1. Restructure Patrick Mahomes ($36M) +$28.8M
2. Extend Justin Reid (4 years, $49.4M) +$6M
3. Cut Marquez Valdes-Scantling + $12M
4. ERFA Tender Herring, Caliendo, Cochrane, Nazi Johnson -$3.87M
5. Extend Drue Tranquill (2 years, $10.2M) -$4.6M
6. Extend Charles Omenihu (3 years, $29.9M) +$3M

Using the OTC calculator, that puts the Chiefs at $52.375M of cap space with 49 players under contract.

So, let’s experiment with a Jones AND Sneed re-up.

1. Extend Chris Jones (5 years, $150M, with $40M signing bonus, cap hits of 18.1, 26.1, 28.1 in first 3 years to get him to 3/88 and add some incentives to get to 3/90 )
2. Extend L’Jarious Sneed (4 years, $80.9M with $24M signing bonus, cap hits of 13.125, 19.2, 22.2, 25.3)

With that done, the Chiefs are sitting with 50 players under contract for 2024 with about $36.5M in cap space. The 2025 outlook is tough, though – 27 players under contract with only about $20M of effective cap space.

You’d be able to create a lot of space in 25 with a Mahomes restructure, but this plan probably leaves you committing to – at most – 1 of Bolton, Humphrey, and Trey Smith. Or cutting Joe Thuney and eating $10M of dead cap to gain $16M in space.

This is exactly the sort of thing I'd have been adamantly opposed to had we NOT won this year and completely in support of because we have.

It's a chance at a 3-peat, fellas. Oh it makes 2025 a real shit-show. At worst it will make 2026 a problem. But this is a chance that, what, a half dozen teams in NFL history have had?

It is against every fiber of my being but I really think it's how we should approach it.

Mecca 02-13-2024 12:09 PM

Quote:

Originally Posted by -King- (Post 17399867)
What exactly is the point you're trying to make?

I think he's trying to say a CEO creates jobs so he's more deserving of being rich than an NFL player is.


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