Biggs: Massie Contract Details

WindyCity

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It’s a nice pay raise for Massie, 29, who just completed an $18 million, three-year contract. When you boil down the fine details of the contract, it’s essentially a $15.8 million, two-year contract. At that point, the Bears can make decisions on a yearly basis with no remaining money guaranteed.

RT Bobby Massie
Overview: $40 million, five-year contract, $15.8 million guaranteed


2019: $2.4 million base salary, $6.5 million signing bonus, $100,000 workout bonus

Total: $3.8 million


Cap hit: $3.8 million

Note: Signing bonus and base salary are fully guaranteed.

2020: $6.9 million base salary, $100,000 workout bonus

Total: $7 million

Cap hit: $8.3 million
 

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Another solid signing by Pace for a team friendly deal


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WindyCity

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He took a structure that helps the Bears.

5 years helps the Bears move money around if needed.
 
The Big Grabowski

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So the cap hit of 3.8M in 2019 gives us a little more room than expected?
 
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Said he wanted to stay and helped make that happen.
 
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The Big Grabowski said:
So the cap hit of 3.8M in 2019 gives us a little more room than expected?
Click to expand...

Yes. I thought we would resign him for like $5M-$8M so this helps open up some extra room. With Simms gone and hopefully a Long restructure we can have some actual cap space to play around with.


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WindyCity

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I calculated it out to mean that they have 16.5 million for re-signings and free agency. They can generate an easy 8 million with Mack if they want to.

I think bringing one of Callahan and Amos back is more realistic with the Massie money.
 
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Sculpt

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WindyCity said:
It’s a nice pay raise for Massie, 29, who just completed an $18 million, three-year contract. When you boil down the fine details of the contract, it’s essentially a $15.8 million, two-year contract. At that point, the Bears can make decisions on a yearly basis with no remaining money guaranteed.

RT Bobby Massie
Overview: $40 million, five-year contract, $15.8 million guaranteed


2019: $2.4 million base salary, $6.5 million signing bonus, $100,000 workout bonus

Total: $3.8 million

Cap hit: $3.8 million

Note: Signing bonus and base salary are fully guaranteed.

2020: $6.9 million base salary, $100,000 workout bonus

Total: $7 million

Cap hit: $8.3 million
Click to expand...
Windy, would you take a moment to explain the 101 financial razzle-dazzle the NFL does here for the layman?

Why is the 2019 cap hit only $3.8 million when they are actually giving Massie $9 million in 2019 ($2.4 base salary, $6.5 signing bonus, $100,000 workout bonus)?
 

gwharris2254

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Watch Amos AND Callahan structure their contracts to help the BEARs with guarantees still preserved but with a different timeline that is beneficial to the team
 
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Sculpt said:
Windy, would you take a moment to explain the 101 financial razzle-dazzle the NFL does here for the layman?

Why is the 2019 cap hit only $3.8 million when they are actually giving Massie $9 million in 2019 ($2.4 base salary, $6.5 signing bonus, $100,000 workout bonus)?
Click to expand...

The signing bonus is prorated as far as the cap number is concerned. So only 25% of it goes for 2019.
 

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dennehy said:
The signing bonus is prorated as far as the cap number is concerned. So only 25% of it goes for 2019.
Click to expand...

5 year contract, so prorated over 5 years. 6.5m/5 = 1.3m per season. I'm sure your mistake was accidental, but for others to fully understand...

Note: the signing bonus is the only money prorated like that. Any other bonuses or escalators affect the cap year they are paid in.
 
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Visionman said:
5 year contract, so prorated over 5 years. 6.5m/5 = 1.3m per season. I'm sure your mistake was accidental, but for others to fully understand...

Note: the signing bonus is the only money prorated like that. Any other bonuses or escalators affect the cap year they are paid in.
Click to expand...

Sorry, yes 20%.
 
xer0h0ur

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I'm sure some idiot will still find a reason to complain about this great contract
 
CNiel36

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Love this contract, hope we can get out of it in year 3 or 4 with minimum dead money. Shows me Massie wanted to stay and play with a winner. Hope Amos or Callahan feel the same. If we bring one of the DBs back with Massie, I am happy with the offseason.
 
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gwharris2254 said:
Watch Amos AND Callahan structure their contracts to help the BEARs with guarantees still preserved but with a different timeline that is beneficial to the team
Click to expand...

Since Callahan's injury - what is his going rate?
 
xer0h0ur

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Rob219_CBMB said:
you just did...
Click to expand...

Rob, you're about as edgy as river rocks. Now go back to the kids table and eat your playdoh and boogers like a good little boy.
 
Novak

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Massie > Long

Bye buddy!
 
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