New contract style?
Posted: Thu Jul 10, 2008 7:34 pm
I really think Bogut's contract is unique in 2 ways.
1. The first being such a large amount of the money being earned through incentives.
2. Flat contract throughout (12 mil every year)
Is this an oddity or do you see more contracts becoming like this?
1. Obviously, this is great for the team in that it basically makes it a contract year. Agents like it in that they can show the player how high his contract can be and I dont see players minding as much in that their egos make them think they will accomplish them.
2. I see a flat contract or descalating contract being beneficial to both. Of course, this wont work for max players but would make sense for mid level type of guys. Financially it makes sense in that they get more money right away so they have to take out loans or buy on credit. Also, they take away inflation so it makes it worth more if they get money right away. I see GMs loving this in that the have more flexibilty for years to come. I mean who likes paying Mredd that 18+ the last year of his contract.
1. The first being such a large amount of the money being earned through incentives.
2. Flat contract throughout (12 mil every year)
Is this an oddity or do you see more contracts becoming like this?
1. Obviously, this is great for the team in that it basically makes it a contract year. Agents like it in that they can show the player how high his contract can be and I dont see players minding as much in that their egos make them think they will accomplish them.
2. I see a flat contract or descalating contract being beneficial to both. Of course, this wont work for max players but would make sense for mid level type of guys. Financially it makes sense in that they get more money right away so they have to take out loans or buy on credit. Also, they take away inflation so it makes it worth more if they get money right away. I see GMs loving this in that the have more flexibilty for years to come. I mean who likes paying Mredd that 18+ the last year of his contract.