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In the latest example of how contract information gets inflated to make the player (and his agent) look better, we’re told that the contract signed last week by Cowboys receiver Roy Williams contained not $27 million in guaranteed money, but only (only?) $19.5 million.
The difference in this one lies in the details.  If an option bonus isn’t exercised, there’s a mandatory payment that pushes the guaranteed money to $27 million.  If the option bonus is exercised, the guaranteed money drops to $19.5 million.
The additional payment is routinely employed in order to ensure that teams will choose to exercise the option bonus.  But basing the assessment of the guaranteed money on a non-exercise fee that for all practical purposes never will be paid is misleading.
Beyond that, we’re told that the contract indeed is worth $45 million in new money over the five new years of the deal.  There’s also a sixth year at a $9 million salary.  It’s unknown why the sixth year wasn’t included in the original reports regarding the value of the contract.
As a practical matter, the truth on this one might make Terrell Owens a bit less uncomfortable with the package given to Williams.  That said, they both are making $9 million per year.

Permalink 11 Comments Feed for comments Latest Stories in: Dallas Cowboys, Rumor Mill
  1. Vox Veritas says: Oct 22, 2008 7:22 PM

    I wasnt aware that TO had been griping about money.

  2. SoDev says: Oct 22, 2008 7:27 PM

    He hasn’t, but he might now…
    Think TO thinks Roy should make what he makes?
    Me neither.

  3. Spank says: Oct 22, 2008 7:28 PM

    Only $19.5 million?
    He aint got nothing on Joe the plumber…

  4. RonInCharlotte says: Oct 22, 2008 7:30 PM

    And TO is nearing the end of his career too. He isn’t a young elite receiver. However, Williams isn’t either, but he is young.

  5. svnrdr says: Oct 22, 2008 8:00 PM

    ::sniff sniff:: “He’s muh wahd recieveh”

  6. empty13 says: Oct 22, 2008 8:07 PM

    within 3 weeks, eruption.

  7. ronmexico says: Oct 22, 2008 8:10 PM

    Hello Mr. Florio,
    How much more are you going to beat me?
    The dead horse

  8. PackFanInTexas says: Oct 22, 2008 8:34 PM

    He will be gone before the end of the contract because he will spare everyone to death. He is truely overrated and Jerry overpaid.

  9. JimmySmith says: Oct 22, 2008 9:16 PM

    The other 31 GM’s in the NFL are thankful that Jerry Jones overpaid for this particular WR instead of investing the money in actually improving the Cowgirls.

  10. Superbolt says: Oct 22, 2008 9:45 PM

    I wonder if the Chargers can trade LT to the Boys for three number one picks. Make it happen AJ!

  11. AdamJT13 says: Oct 23, 2008 1:14 PM

    He is guaranteed to earn at least $27 million (actually $27.01 million) because his base salaries in the first three seasons add up to $7.51 million. If both options are exercised, he gets $19.5 million in option bonuses and at least $7.51 million in base salaries, for a total of $27.01 million. If neither option is exercised, he gets $27.01 million in guarantees. So either way, he gets $27.01 million, guaranteed.

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