Geno Staying put

[HaroldSeattle]

There is close to a 0% chance we are going to take a 28 million dollar cap this year.

OK? I'm just going off the info available thus far and it's reported Geno will make 28 million in 2023.

 

[flyerhawk]

OK? I'm just going off the info available thus far and it's reported Geno will make 28 million in 2023.

Yes. That is total comp including signing bonus.

 

[HaroldSeattle]

Yes. That is total comp including signing bonus.

Did he get a signing bonus? What amount was it?

 

[flyerhawk]

Did he get a signing bonus? What amount was it?

Details haven't emerged but it would be shocking if he didn't get a signing bonus.

 

[HaroldSeattle]

Yes. That is total comp including signing bonus.

Just assuming there is a signing bonus, you don't think the 28 million for 2023 isn't his salary plus prorated portion of a signing bonus?

 

[flyerhawk]

Just assuming there is a signing bonus, you don't think the 28 million for 2023 isn't his salary plus prorated portion of a signing bonus?

It's possible I guess. But I don't get why they would do that.

 

[blstoker]

Just assuming there is a signing bonus, you don't think the 28 million for 2023 isn't his salary plus prorated portion of a signing bonus?

No. Geno won't be $28 million against the cap. His bonus will probably be around $24 - 25 million. His salary will probably be guaranteed for 2023. The remaining $12 million guaranteed will either be salary or roster bonuses for in 2024. I expect his actual cap hit of 2023 to be around $12 million.

I would lay money on the $28 million is the cash that'll be paid out to Geno for 2023, not his cap number.

 

[HaroldSeattle]

No. Geno won't be $28 million against the cap. His bonus will probably be around $24 - 25 million. His salary will probably be guaranteed for 2023. The remaining $12 million guaranteed will either be salary or roster bonuses for in 2024. I expect his actual cap hit of 2023 to be around $12 million.

I would lay money on the $28 million is the cash that'll be paid out to Geno for 2023, not his cap number.

Hoping that turns out to be correct.

 

[flyerhawk]

No. Geno won't be $28 million against the cap. His bonus will probably be around $24 - 25 million. His salary will probably be guaranteed for 2023. The remaining $12 million guaranteed will either be salary or roster bonuses for in 2024. I expect his actual cap hit of 2023 to be around $12 million.

I would lay money on the $28 million is the cash that'll be paid out to Geno for 2023, not his cap number.

Yeah. Exactly this.

 

[Anointed One]

No. Geno won't be $28 million against the cap. His bonus will probably be around $24 - 25 million. His salary will probably be guaranteed for 2023. The remaining $12 million guaranteed will either be salary or roster bonuses for in 2024. I expect his actual cap hit of 2023 to be around $12 million.

I would lay money on the $28 million is the cash that'll be paid out to Geno for 2023, not his cap number.

I can see that being the case... If so, that would be awesome...

 

[HaroldSeattle]

 

[returnofjakedog]

Geno has to meet or exceed his numbers from 2022 in each year to get the $5 million per year contract bonus:

• Passing Yards: 4,282
• Touchdowns: 30
• Completion Percentage: 69.755%
• Passer Rating: 100.874
• Playing Time: 100%
• Wins: 9
• Playoffs: Yes

The incentives in the Geno Smith contract

Fans have been waiting all week to learn about these incentives, and now they’re here.

www.fieldgulls.com

 

[returnofjakedog]

@HaroldSeattle

You literally beat me to it by 1 second!

 

[HaroldSeattle]

 

[Anointed One]

Definitely a great incentive... If he hits them, then we'll know that we'll be competitive...

 

[Screamin12th]

Im confused at how you all missed my break down of the contract LMAO @HaroldSeattle it was one post before yours.

 

[HaroldSeattle]

Definitely a great incentive... If he hits them, then we'll know that we'll be competitive...

I like the incentives a lot, they are a win-win for everyone.

 

[Screamin12th]

the incentives mean the Hawks are almost 100% they wont pay them. He wont ever have another season like last year.

 

[HaroldSeattle]

the incentives mean the Hawks are almost 100% they wont pay them. He wont ever have another season like last year.

If he does then I'm fine with him getting the cash for them. I'm so eager to see the full structure of the 75 million not based on performance.

 

[blstoker]

No. Geno won't be $28 million against the cap. His bonus will probably be around $24 - 25 million. His salary will probably be guaranteed for 2023. The remaining $12 million guaranteed will either be salary or roster bonuses for in 2024. I expect his actual cap hit of 2023 to be around $12 million.

I would lay money on the $28 million is the cash that'll be paid out to Geno for 2023, not his cap number.

Interesting. Spotrac is showing what I was opining earlier. I also felt that the incentives would be in the last 2 years, so Harold's report that it's up to $15 million each year over the last 2 years really means that if he wants that extra money he'll have to be even better than he was this last year.