Occasionally when someone signs a new, fancy contract the agent leaks it to the media and inflates the numbers to make them seem better than they really are. Eventually though the real numbers come out.
D’Brickashaw Ferguson’s Contract Not Quite As Advertised
The latest is D’Brickashaw Ferguson who just signed a reported six-year, $60 million extension and $34.8 million guaranteed with the Jets.
The real numbers, according to Mike Florio of Pro Football Talk, are far less.
The contract constitutes, as a practical matter, a one-year, $5.3225 million arrangement with no other guaranteed money earned or vested through the end of the 2010 season.
The amount comes from a base salary of $622,500, a signing bonus of $1.6 million due within five days of July 15, 2010, and a roster bonus of $3.1 million due within five days of July 15, 2010.
There’s basically a lot of fluff in there to make the numbers seem bigger. For example, $1.3 million of the reported $60 million can be earned if Ferguson blocks seven punts each year. Seven blocked punts for the starting left tackle?
More importantly, though, is that none of the big numbers are guaranteed for injury. In other words, if Ferguson is injured during this training camp, the Jets can get out of the contract and pay him a fraction of his reported $34.8 million “guaranteed” money.
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