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Nick Mangold gets $22.5 million guaranteed for injury

Several weeks ago, the Jets gave left tackle D’Brickashaw Ferguson a contract that contained no injury guarantees.

Today, the Jets finalized a contract with center Nick Mangold that includes, per a league source, $22.5 million in money that is fully guaranteed for injury.

Mangold’s contract isn’t currently guaranteed for skill, meaning that the Jets can cut him after the 2010 season if coach Rex Ryan no longer believes that Mangold is the best center in the league.  Each season, however, skill guarantees will apply after a specific date on the league-year calendar.  It’s a common device used by teams who hope to avoid the obligation of fully funding the guaranteed money by placing it in escrow at the time the contract is signed.

With Ferguson, a similar approach was used for the skill guarantees, even though he has no injury guarantees — other than the guarantees provided by a disability policy.  As one league source recently remarked, “Maybe Ferguson’s agent sells insurance on the side.”

We’ll try to get our hands on the Mangold contract so that we can break down all the nuances of the deal.  For those of you who care.  For the other 99.984 percent of the audience, we’ll move on to the next story.

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40 Responses to “Nick Mangold gets $22.5 million guaranteed for injury”
  1. Fast Richie says: Aug 24, 2010 4:08 PM

    They’ve taken care of Mangold, now it’s time to move on to the most important player on the defense …

  2. Brothaman says: Aug 24, 2010 4:09 PM

    I’d break my own arm

  3. lurch says: Aug 24, 2010 4:11 PM

    I”ve been out of work 17 months. I don’t need you to break down all the ways in which he will earn millions and the ways in which he won’t earn millions more that he will never spend.

  4. BostonISaChraphole says: Aug 24, 2010 4:11 PM

    I can’t wait to watch this franchise fall right back on its knees again. Should be fun to watch. 8-8 and rex takes the boys to red lobster after the final loss of the season because that is all the front office will be able to afford after handing out money like it grows on trees.

  5. SJUHawk says: Aug 24, 2010 4:12 PM

    We’ll try to get our hands on the Mangold contract so that we can break down all the nuances of the deal. For those of you who care. For the other 99.984 percent of the audience, we’ll move on to the next story.
    ——————————————–
    Florio you’re a piece of shit. You write all the time about the Jets, if 99.984 of your audience isn’t Jet fans stop writing so many negative articles about them. You do it so more people come to your site. You know without the Jets articles you’d lose a lot of hits from Jets fans (as well as Dolfags aka Jet haters). If 99.984 of the audience doesn’t care why are 35% of the articles you “write” about the Jets? Get over yourself.

  6. TryTheVeal says: Aug 24, 2010 4:12 PM

    And for a mere 77.5 million more, Revis will sign….

  7. rjgreen3 says: Aug 24, 2010 4:16 PM

    seems as though mangold has a better agent

  8. Hugh Jorgan says: Aug 24, 2010 4:16 PM

    Whew! It’s a great day for Jets fans! Number 74 is locked in, and all is well.

  9. JayM82 says: Aug 24, 2010 4:16 PM

    HAHAHA FLORIO WRONG AGAIN!!!!!!!!
    Florio when will you be right?

  10. Tre-nitty says: Aug 24, 2010 4:16 PM

    Screw mangold, the jets, and there soon to be 6-10 at best season!!! Dude should not have gotten paid before revis!!!

  11. SBS0311 says: Aug 24, 2010 4:16 PM

    It was reported WEEKS ago that Ferguson and his agents were given a choice between a skill and an injury guarantee because the Jets were restricted by the reallocation rule.
    Ferguson CHOSE what he got. He messed up. Not the Jets fault.

  12. JayM82 says: Aug 24, 2010 4:19 PM

    HAHAHAHA FLORIO WRONG AGAIN!!!!!!!
    HATER

  13. birdmancometh says: Aug 24, 2010 4:19 PM

    So they still have another day then to complete the Revis deal right Mike?

  14. AllThat says: Aug 24, 2010 4:21 PM

    Please move on to the next story before all JESTS fans start talking about winning the SB.

  15. william sizemore says: Aug 24, 2010 4:23 PM

    Now if only you would apply this to most of the stories that you run into the ground perhaps we would find some relief, you know, enough already with #4. Bill

  16. Citizen Strange says: Aug 24, 2010 4:26 PM

    If the Jets offer Mark Sanchez a contract that isn’t guaranteed for “skill” his agent should chase them up an alley and kick them in the balls.

  17. SportsME23 says: Aug 24, 2010 4:28 PM

    MANGOLD IS THE WORST CENTER IN THE HISTORY OF THE NFL!!!!!! Wrecks Ryan and the Jests and Mark Suckchez are going to be the worst team everrr!!!!!
    Man, I can’t take the morons on this site.

  18. JetReaper says: Aug 24, 2010 4:30 PM

    For the other 99.984 percent of the audience, we’ll move on to the next story.
    ——————————————–
    Call Neil Schwartz back… .The Revis Signing Rumor is picking up a ton of steam.
    Besides – I don’t see A Revis post in a few hours

  19. JetsKvetch says: Aug 24, 2010 4:30 PM

    I anxiously await your inevitable post telling us how badly the Jets hosed Mangold, and passively boasting about how many stacks of paper you flipped through to reach that conclusion.

  20. ozu says: Aug 24, 2010 4:31 PM

    Good contract for both sides.
    Best center in the league deserves more than Jason freaking Brown.

  21. jcjets says: Aug 24, 2010 4:31 PM

    Maybe Ferguson wanted the skill guarantees over injury?? But mangold wanted injury.
    You guys were wrong that the Dumervile contract was so much better than D’Brick’s deal, anyway.

  22. Crowder911 says: Aug 24, 2010 4:31 PM

    wow..the Jests really know how to run an organization
    whos doing their H&R and contracts
    former Lehmann Brothers executives???
    background music:
    wyclef rmx – gone in november
    JUST-END-THE-SEASON

  23. brownsfn19 says: Aug 24, 2010 4:35 PM

    $22.5 million guaranteed for a f*cking center?!?!?!?!?
    These salaries are just getting ridiculous…I mean come the F*CK on already…

  24. MEDTXPACK says: Aug 24, 2010 4:36 PM

    good lineman. at least the jets are starting pay player, cue the REvis rants. ….

  25. tacious says: Aug 24, 2010 4:44 PM

    @ Tre-nitty
    Sure he should have… Revis is under contract for 3 more years!

  26. ozu says: Aug 24, 2010 4:52 PM

    @brownsfn19
    Salaries are always ridiculous in pro sports. If Jason Brown got $7.5m per year last year and he’s never even made a Pro Bowl nevermind being voted in All-Pro, it then stands to reason that the best center in the NFL should should make $7.8m per.

  27. dlmcc0909 says: Aug 24, 2010 4:54 PM

    I dont see how everyone thinks this franchise will fall flat this year. Im no Jets fan, but that team is loaded even without Revis. With Revis its got to be the Super Bowl favorite. Best Defense, Best O line, solid running game, and some good WR’s. theres alot to like there. Say what you will about Rex Ryan and how annoying he can be, but his players like him and play hard for him. I dont see any locker room problems on this team either. Seriously its a squad.

  28. MistrezzRachael says: Aug 24, 2010 4:54 PM

    And next season when lower salary cap hits???????
    jets will be cooked unlike any other NFL team.
    Especially w/Kraft running financials..He’ll make sure carryover effect minimal.
    jets will see what Redskins are now learning from someone w/an IQ

  29. UrTeamBlowsgoats says: Aug 24, 2010 5:05 PM

    Sjuhawk this is florios pathetic attempt to ride the wave of jet bashing in order to get those(99.984%) of pft readers to like him.I think Michael scott probaly had more friends growing up. Ur right on the money mang. I wonder if florio is still a virgin?

  30. TheSleepness says: Aug 24, 2010 5:07 PM

    lol nice dig florio…these stories are good though..thanks for the update…interesting, I woulda thought we went for more. Mangold is a great player.

  31. jets are stacked says: Aug 24, 2010 5:10 PM

    hey florio so much for the jets “not taking care of their own” BS you’ve been pushing. wrong again, dbag.

  32. GreenAsGrass says: Aug 24, 2010 5:18 PM

    Citizen Strange
    If the Jets offer Mark Sanchez a contract that isn’t guaranteed for “skill” his agent should chase them up an alley and kick them in the balls.
    ————-
    best quote of the day!
    PS – Tannenbaum now please get Revis DONE.

  33. overed says: Aug 24, 2010 5:19 PM

    Florio needs these Jets hate articles to keep this website going… Just like Sedano on 790AM… without all the Jets hate talk he wouldn’t have enough material to fill half his time slot.

  34. SomeFans says: Aug 24, 2010 5:45 PM

    No one needs the jets… they are irrelevant for the past 40+ years.
    Hot air doesn’t win Championships… it only floats balloons.
    We just all enjoy laughing at the most delusional fanbase in sports swinging in the wind. Disappointment awaits the jesters.

  35. jetsfan59 says: Aug 24, 2010 5:49 PM

    NFL Fan House is reporting that the Jets and Revis are “almost there” on a new deal.

  36. Rock48nj says: Aug 24, 2010 5:54 PM

    No fan of grammar police on the internet, but Florio’s posts continue to amaze me with their almost unreadable sentence structure.

  37. cause you are the same says: Aug 24, 2010 6:05 PM

    # GreenAsGrass says: August 24, 2010 5:18 PM
    Citizen Strange
    If the Jets offer Mark Sanchez a contract that isn’t guaranteed for “skill” his agent should chase them up an alley and kick them in the balls.
    ————-
    best quote of the day!
    PS – Tannenbaum now please get Revis DONE.
    ——————————
    Revis is done. Still has 3 years left to go on a 6 yr contract.

  38. UrTeamBlowsgoats says: Aug 24, 2010 7:08 PM

    SomeFans says:
    August 24, 2010 5:45 PM
    No one needs the jets… they are irrelevant for the past 40+ years
    you do biatch!

  39. Doug says: Aug 24, 2010 8:03 PM

    MANGOLD IS THE WORST CENTER IN THE HISTORY OF THE NFL!!!!!! Wrecks Ryan and the Jests and Mark Suckchez are going to be the worst team everrr!!!!!
    Man, I can’t take the morons on this site.
    ________________________
    You realize what a moron you sound like right?

  40. TryTheVeal says: Aug 24, 2010 9:06 PM

    Hell………between him and his sister Ton’s o Fun, this contract equals out to maybe 4 McDonalds drive thru orders….

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