Albert Haynesworth's Contract Has $60,000,000 In Monopoly Money

by August West on Feb 28, 2009 4:46 PM CST in News Comment 21 comments

Couldn't see this coming, I swear:

League sources told ESPN's Chris Mortensen that a $29 million "poison pill" in the fifth year of Haynesworth's contract effectively makes it a four-year deal worth $48 million. The Redskins would owe Haynesworth a lump sum of $29 million in salary and bonuses in 2013, the fifth year of the deal. It is unlikely the team will pay the full commitment of $100 million over seven years unless the contract is re-negotiated. Haynesworth will receive $41 million in guaranteed money.

Remember that our initial offer was 4 years, $36 million with $20 mill- $25 mill guaranteed, and that offer went up substantially at the combine.

It's nice to know we probably lost Albert over years and dollars he'll never see. Just awesome.

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I swear

I was having a great day until I read this…wow…just wow

by zap93 on Feb 28, 2009 6:13 PM CST reply actions 0 recs

wow

are you fricking kidding me?

by jayosanne on Feb 28, 2009 6:19 PM CST reply actions 0 recs

Just need to get L.Coles, C.Canty, and a CB, Greer or Bodden perhaps… Of all the positions of need WR seems to be the one we can pass on and get in the draft in my opinion. All the good DTs will be gone by the time we draft, and it looks as thought the CBs in this class just suck in general.

by Big Bad Bulluck on Feb 28, 2009 6:56 PM CST reply actions 0 recs

I am worried by the fact that Canty's visit was canceled.

We need to be more aggressive

by theologic on Feb 28, 2009 7:11 PM CST up reply actions 0 recs

I don't understand

why it was canceled… However, I do not see the NFL way of doing business as being through phone conversations. I don’t see Canty’s agent calling and asking what are you gonna pay Chris? Or the Titans calling and saying we are willing to go this high, so if you want more don’t bother coming to visit… If that’s how it is going, something is seriously wrong.

by Big Bad Bulluck on Feb 28, 2009 8:22 PM CST reply actions 0 recs

I am glad we don't overpay

But so far we’ve got tons of cap room and we don’t seem to motivated to spend any of it.

Gotta be patient tho. I remember we were upset last year too.

by theologic on Feb 28, 2009 9:33 PM CST up reply actions 0 recs

I forget where hes supposed to be visiting...

but it seems like he was supposed to be visiting teams that were in the 3-4 D instead of the 4-3, being that is what he is used to. Maybe someone can confirm/deny that…

now with less meyton panning.

by Pride of the Southland on Mar 1, 2009 12:54 AM CST up reply actions 0 recs

the difference is still pretty big

the redskins are paying him about a third more in total and in guarantees over four years. can’t blame haynesworth for taking that contract. i figure a hometown discount would have to come in the 10-15% less range, i.e. 4/$43M, $36M guaranteed.
if anything i’m upset that the titans probably didn’t offer anything close to this.

by rolypoly32 on Feb 28, 2009 9:35 PM CST reply actions 0 recs

I think you missed this part of the post...

Remember that our initial offer was 4 years, $36 million with $20 mill- $25 mill guaranteed, and that offer went up substantially at the combine.

by Big Bad Bulluck on Feb 28, 2009 9:38 PM CST reply actions 0 recs

i saw it

but like i said i think the titans probably didn’t offer anything close.
i mean the first offer is pretty damn low. $9M/year (in other word $1.5M more than kerry collins) for the best defensive player in football? that pretty much shows the titans weren’t ever really in the race.

by rolypoly32 on Feb 28, 2009 10:16 PM CST up reply actions 0 recs

We shouldn't have paid him that money

smart teams like us don’t give that kind of money to a large player who has never proven that he can continue to work hard outside of a contract year. The risk is just too large.

by Titansfan_559 on Mar 1, 2009 1:20 AM CST reply actions 0 recs

Jimmy, you missed the point completely. So did ESPN.

Haynesworth’s deal isn’t really a four year deal. It’s REALLY a two-year deal—or even a 13-month deal. Two years, $41M guaranteed. That’s the insane part. That’s the part that the Titans wouldn’t match, for obvious reasons.

Considering that MOST of the money is paid in the first 13 months, Big Al himself will do his best to get cut after that and go to a new team—hopefully one that can win a game or two.

DannoE

"You may say I'm a dreamer, but I'm not the only one."

by DannoE on Mar 1, 2009 7:48 AM CST reply actions 0 recs

yeah, that's what i was saying

months #14-16 on the “when does albert quit on the skins” pool are prime real estate after that first 32 mil arrives in albert’s account in the first 13 months

The Official Enforcer of MCM

by hal41605 on Mar 1, 2009 10:01 AM CST up reply actions 0 recs

Albert took the deal that pays him the most money for the least work.

It’ll be interesting to see what happens after month 13.

DannoE

"You may say I'm a dreamer, but I'm not the only one."

by DannoE on Mar 1, 2009 10:27 AM CST up reply actions 0 recs

Jimmy didn't write this

Titans Blogger at Music City Miracles even though gramsey hates it.

by Jimmy on Mar 1, 2009 12:44 PM CST up reply actions 0 recs

Oops. Sorry about that.

DannoE

"You may say I'm a dreamer, but I'm not the only one."

by DannoE on Mar 1, 2009 1:48 PM CST up reply actions 0 recs

Maybe we will sign someone today?

A WR perhaps?

http://www.tennessean.com/article/20090228/SPORTS01/90228008/1027

by Big Bad Bulluck on Mar 1, 2009 12:13 PM CST reply actions 0 recs

I'm hoping for Nate Washington today

by Titansfan_559 on Mar 1, 2009 12:26 PM CST reply actions 0 recs

Did the Titans attempt to sign Haynesworth to a long term deal last year?

He obviously didn’t like having the franchise tag on him, which is why provisions were put into his contract about not having it again.

Was it strictly a salary cap issue during last off season? I’m guessing the original 4 years – $36 million offer might have at least gotten him thinking of signing long term. Or was Haynesworth not willing to negotiate?

NFC North and NFC South writer for SB Nation's NFL Draft blog: Mocking the Draft

by mgrex03 on Mar 1, 2009 4:37 PM CST reply actions 0 recs