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#Post#: 122087--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: RodneyRegis
Date: April 2, 2024, 1:50 pm
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--- Quote from: nowexnavyquin link ---
>
> Did it say anywhere is the amount for the 3 year contract is
guaranteed? Could cut him in training cap not have much of a
dead cap hit if the contract hasn’t much guaranteed on it. At
least he has gone to the team that offers him the best chance to
succeed, painful saying it as a Bills fan though. The modified
XFL kick off coming into force this year could be interesting.
>
> Would be great to see him make the active roster.
>
--- End Quote ---
Its a contract. Why would it not be guaranteed?
#Post#: 122091--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: Nemoquin
Date: April 2, 2024, 3:50 pm
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Standard NFL contracts are not what would be recognized as
contracts in the UK. Typically with a 3 year contract the player
is bound for 3 years, but the club can get rid of the player at
any time at little or no cost.
#Post#: 122092--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: RodneyRegis
Date: April 2, 2024, 4:02 pm
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--- Quote from: Nemoquin link ---
>
> Standard NFL contracts are not what would be recognized as
contracts in the UK. Typically with a 3 year contract the player
is bound for 3 years, but the club can get rid of the player at
any time at little or no cost.
>
--- End Quote ---
That doesn't sound like a contract.
#Post#: 122093--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: poorfour
Date: April 2, 2024, 4:49 pm
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--- Quote from: RodneyRegis link ---
>
> That doesn't sound like a contract.
>
--- End Quote ---
It sounds a LOT like a US employment contract. 49 states have At
Will Employment that allows employers to fire people whenever
they like and for no particular reason.
#Post#: 122095--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: RodneyRegis
Date: April 2, 2024, 4:55 pm
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Ah, OK. So it's as much guaranteed as any other NFL contract
then.
#Post#: 122097--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: nowexnavyquin
Date: April 2, 2024, 5:46 pm
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--- Quote from: RodneyRegis link ---
>
> Ah, OK. So it's as much guaranteed as any other NFL contract
then.
>
--- End Quote ---
Pretty much. For example, using overthecap.com it shows Josh
Allen’s contract is a 6 year extension with a contract value of
$258m with $100m fully guaranteed. To reach the full amount he
has to be on the roster for all those seasons to have the roster
bonus as well as the guarantee amount of that seasons salary
which isn’t always the same amount. The salary can be spread at
different amounts throughout the length of the contract so the
team can stay under the salary cap.
#Post#: 122117--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: Quinky
Date: April 3, 2024, 7:27 am
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--- Quote from: poorfour link ---
>
> It sounds a LOT like a US employment contract. 49 states have
At Will Employment that allows employers to fire people whenever
they like and for no particular reason.
>
--- End Quote ---
Ah, reminds me of the good old days ...
(Not entirely serious, for any sensitive souls on here 🙂
).
#Post#: 122118--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: Quinky
Date: April 3, 2024, 7:28 am
---------------------------------------------------------
--- Quote from: nowexnavyquin link ---
>
> Pretty much. For example, using overthecap.com it shows Josh
Allen’s contract is a 6 year extension with a contract value of
$258m with $100m fully guaranteed. To reach the full amount he
has to be on the roster for all those seasons to have the roster
bonus as well as the guarantee amount of that seasons salary
which isn’t always the same amount. The salary can be spread at
different amounts throughout the length of the contract so the
team can stay under the salary cap.
>
--- End Quote ---
Poor bloke could barely cover Deadly's champagne bill!
#Post#: 122128--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: QuincyJones
Date: April 3, 2024, 9:57 am
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--- Quote from: poorfour link ---
>
> LRZ's contract is getting attention for two reasons - one is
that it's pretty large for a player who's never played a
competitive game, and the other is that he's been taken straight
into the main squad rather than via the IPP. I think the latter
means he's being paid fully by the Chiefs, and not subsidised by
the NFL itself. They've placed a moderately sized bet, in NFL
terms.
>
--- End Quote ---
It's not large at all though, compared to other IPP players.
There is a maximum and minimum annual salary for a practice
squad player. I can't remember the exact figures but it's approx
$250k-$330k. I might be a little out but I'm in the right
region. The larger numbers that have been banded around re LRZ
is the annual salary he will earn (as per his contract) IF he
makes the active roster.
To answer your second point poorfour, no he hasn't been signed
to any 'main squad'. Every NFL franchise gets the option of an
extra place on their practice squad only for an IPP player. This
is the role LRZ is filling. The team has to pay his salary of
course but they get an extra player for their practice squad
that other teams don't get if they don't take up the option. For
an IPP player, normally he's not even allowed to play any
competitive games in his first year, however the rules have
changed this year apparently and he could potentially be used as
the NFL equivalent of a 'travelling reserve' should they need
him because of a player withdrawing late on, etc. Though, as I
understand it, there are only around 3 or 4 opportunities for
this to even happen because of other stipulations around the
rule change.
#Post#: 122129--------------------------------------------------
Re: O/T LRZ to the NFL!
DIR By: QuincyJones
Date: April 3, 2024, 10:01 am
---------------------------------------------------------
--- Quote from: RodneyRegis link ---
>
> Depends what you mean by "in the grand scheme of things".
>
> Even if he never gets out of bed, he'll get a million dollars
over the next 3 years. Not much for an NFL player, but in the
grand scheme of things pretty significant, and much much more
than he'd have got playing rugby.
>
--- End Quote ---
Well he was on circa £230-250k at Glos according to several
reports, so with Wales or B&I Lions money on top, there's
probably not a lot of difference.
In terms of Chiefs signing bonus, I'd be hugely surprised if it
was more than $100k region. I certainly wouldn't say no, but it
won't be anywhere even close to 7 figures.
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