Cost of Kam Chancellor’s holdout as of Sunday: $1.87 million

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With the Seahawks now in St. Louis and safety Kam Chancellor not with the team, it’s clear that Chancellor will skip Week One. Which means that he’ll lose a game check worth more than $267,000.

But that’s just part of it.

Based on an analysis of the Collective Bargaining Agreement, Chancellor’s contract, and communications with multiple league sources, PFT has calculated the full financial losses incurred through Sunday by Chancellor.

First, he is subject to preseason fines in the amount of $1.11 million, resulting from the standard penalty of $30,000 per day starting with the opening of camp on July 31 and continuing through September 5, the day on which rosters were cut to 53 players.

Second, Chancellor became subject to a 25-percent forfeiture of his $1 million signing bonus allocation for 2015 based on his training-camp holdout. That’s $250,000.

Third, he loses a game check for this week, in the amount of $267,941.17.

Fourth, by skipping Week One, Chancellor becomes subject to another 25-percent forfeiture of his signing bonus allocation for the year. That’s another $250,000.

He’ll continue to lose game checks at the rate of $267,941.17 until he shows up. Also, he’ll be subject to additional signing bonus forfeiture as of Week Five at a rate of $58,823.53 per week.

For now, the total cost of Chancellor’s holdout is $1.87 million. And the Seahawks have shown no inclination to look the other way as to any of these amounts.

89 responses to “Cost of Kam Chancellor’s holdout as of Sunday: $1.87 million

  1. Make an example out of him and don’t forgive the fines. Have him pay up. Kam was the last person on the roster I thought could be greedy. He has lots many fans in Seattle, leave your teammates hanging with 3 years left on your contract.

  2. I wouldn’t miss work for $40 a day, this guy is willing to lose millions. Say what you want, but he’s an idiot for walking away from $1.87 MILLION.

  3. Reports are that Hawks have cut off negotiations with Kam. Guess it is now come in with your current contract or stay home with no income. Hope he was wise with money earned so far.

  4. the “fines” will be dropped…they always are against star players. it won’t be surprising to see the other $250k fine dropped too.

    Stop printing this stuff as if it’s carte blanche how Kam’s holdout will resolve. At least print it’s “possible” for all fines to be dropped. It makes pft look very unprofessional.

  5. Huge Kam fan here, but kinda Ironic that a couple days ago he stated that he and the team were less then a mill apart on solving this, and yet he’s cost himself 1.87 mill over a mill..

  6. Make this idiot agent pay his fine for giving bad advice. Just sit and waste away. You will not be traded so you can get a bigger contract. You signed were happy then and now you want more.pos

  7. for trying with this weak front office.

    ————————————

    Right, best team at drafting gems in the last five years and also locked up a lot of the good players to decent contracts.

    But hey, that 2012 draft was awful, right?

  8. I’m at least hoping this kills Chancellor’s agent’s career at the same time it kills Chancellor’s career. Like a two-fer.

  9. Just trade him to the Giants already, Seahawks “fans” will disappear just as fast as fast as they sprang up once they go back to being an 8-8 team. Ripping off Texas A&M’s 12th man doesn’t give Seahawks”fans” any cred, they put up that flagpole in ’03 even though they retired 12 in 84 and you didn’t hear anyone repping that number until just recently when they made their playoff run and all these bandwagon fans crawled out of the woodwork. Never see anyone rocking a Largent throwback jersey ,Curt Warner,Cortez Kennedy, or Kenny Easley would be dope, but all you see is #3 or #12, some #24. All new fans.

  10. Hey Kam, you are the one that decided to sign your contract and now you have 3 years left on it. Man up and honor it.

  11. What good is a contract if nobody honors them? Can your agent, Kam, he’s the one that made the deal you can’t live with.

  12. For those that want to know — While the team, at it’s sole discretion, can waive all or part of “FINES” — a game check can never be recovered. That is lost. If he sits out 4 games, he loses that “we’re just $1m” apart game.

    Advice: #1) Fire Your Agent #2) Come back to the Team #3) See #1, if you haven’t done it yet.

    js

  13. The Seahawks have been my team since ’79. I discovered them when I was 5 years old. Loved them through thick & (mostly) thin times.

    I loved Kam until this summer. I’m begging the team, “Cut him! Get rid of him! If the front office is worried about the message sent to other players IF they give in to Kam, imagine the message sent by kicking his butt to the curb!”

    Go Hawks!

  14. Kam was a great Seahawk……perhaps he can still be but this mess MUST end and soon if he has any chance of salvaging his career in Seattle…He played a rough game…and he lost….

  15. Kam

    If you’re not ready to retire, I’d show up for work.

    It’s not like if you miss the entire season you only have 2 years left on your contract….. miss though week 10, and you don’t get any credit for this season.

    Your call dude…..

  16. Baffling how anyone is supporting this guy. One year into the contract HE agreed to and that HE signed, he wants a new deal. It doesn’t matter that the total contract could be terminated, he still receives all of his guaranteed money. I mean I can’t feel bad for a guy who gets $14 mil even if he’s not earning it. Kick rocks bro.

  17. Here is what the Hawks have left on this years cap space $1,171,403.

    Not much, they just aren’t going to pay him.

  18. Wow. To think it’ll take me the next 25 years or more to earn the amount he is literally pissing away. God bless America.

  19. “skawh says:
    the “fines” will be dropped…they always are against star players. it won’t be surprising to see the other $250k fine dropped too”

    _________________________________________

    I couldn’t disagree more. No way in hell do you pay for a game he didn’t perform in, if you drop all the fines, what’s to keep any other player from holding out?

    Unfortunately, an example will be made, and Chancellor was stupid enough to put himself in the position of being made an example of.

    My guess?
    Missing training camp… Kam pays 50%-100%
    Missing games……………..Kam pays 100%
    Signing bonus……………….Prorated to games played

    No way in hell is Chancellor not hurt by this holdout.

    Maybe he’s done….. no way to know at this point.

  20. I say, LET HIM SIT, and earn nothing and with luck lose money. Be a man and live up to the contract you signed and agreed to. As talented as you are, you DO NOT deserve a new contract, at this time.

  21. “jlkintyre says:
    I’m begging the team, “Cut him! Get rid of him! ”

    Cut him? No
    Get rid of him? Depends on what they’re offered.

    Sure as hell wouldn’t give him away.

    Seattle spent years developing him, and paid him the highest contract ever given to a strong safety.

  22. just think if his replacement dion bailey has a good gm in wk 1. or if overall the seatt def plays well.

    who is his agent ? could it be…might it be…drewie boy rosenhaus ? he of all things “I want a new deal ?”

  23. What I don’t understand is, I am just a pion in grand NFL scheme, and I get and understand the salary cap. As a player or an agent, how did he or his agent not know the Hawks cap space and think this holdout was a smart move?

  24. Kind of ironic to see Bennett in camp the whole time, after being so vocal about how unhappy he was/is about his contract. Then you have Kam who up until just before start of camp hadn’t said much of anything, and is still MIA.

    It’s a shame, as Kam and ET are pretty much my 1A and 1B for favorite Hawks. Guess ET stands alone now.

    Kam, you need to ship your cards in man. You bluffed big on the turn, and didn’t hit on the river. Time to stop throwing good chips after bad.

  25. @ absodefinitely. I couldn’t agree with you more. I would NEVER be a 12 and would be embarrassed to be one. However, I AM and have been a fan since the inception of the team. I consider most 12’s bandwagon fans.

  26. I’m pretty sure the only part of that money Seattle can forgive is the fines so as of this point he’s already cost himself more than he was hoping to get. I’m hoping they don’t forgive the fines either. It’s one thing to hold out with a year left on your contract but only after two years of a five year contract is something NO team is going to want to do. If Seattle caves on this then every player on every team will want to do the same thing. I’m sure every other NFL team wants them to draw a line in the sand and not budge an inch. If Kam doesn’t like it then he shouldn’t have held out. He gambled and he lost.

    One other thing. Seattle has very little cap space. Let’s say someone else gets hurt on their 53-man roster and they need to sign someone else to the roster. They will need that money to be able to bring someone else in. So it may look like they have a little cap room, that doesn’t mean they can afford to give it to Kam, even if they wanted to.

    I agree with many others. They should trade his rights to the worst CFL team and get rid of him. Let Kam be an example of what can happen if you think way too much of yourself.

  27. Just admit it…Edelman knocked the fight right out of you when he ran you over like a rag doll.

    Seagulls #1anddone

    Patriots #THEdynasty

  28. The salary cap anchor that Wilson put on them and now everyone scrambling for money is what will bring Seattle down. It’s great for any other fan of NFC teams to see. I was wondering how they would hold together. Going to two straight Superbowls was great and players keep asking for more money–it gets worse every time someone cashes in. Wilson had better become a pocket passer or his career will be short like every QB who has run around. Impressive and incredible if Seattle is able to continue success beyond 2-3 years.

  29. Ton of talent on the Legion of Adderall though. If they can sign key players and draft replacements for the people like Kam Chancellor they will lose. Actually, I think he will walk back through the door but his attitude will suffer.

  30. Kam, the Hawks are doing you wrong. If you are good and deserve it which you do, stand up and challenge these A holes. You are the best and as much as I hate to see you go, I think you should leave and get paid. In the end, no one remember what Kam did…well, I can’t forget the high jump you did over the defensive line to block that kick but you need to take care of you and your family. If the Seahawks appreciate your contribution, they should restructure your contract. PERIOD. Stay strong.

  31. Just read something about how the last 2 clowns who held out in Seattle for any length of time (Galloway WR and Young LB) were both traded for 2 #1 and never did squat after they left Seattle and they left when Seattle was less than stellar as they are now. Sometimes they need to be careful what the wish for.

  32. Kam, now has what he has has worked so hard for, Fines for failure to preform.
    Now, keep it up, and you will become a “footnote” in NFL history as the the player who sacrifice everything for HIMSELF!!

  33. I fully support KC. while he may not win this battle, he knows what he is worth. paul allen is a billionaire with a toy called an nfl franchise. you’ll get paid somewhere kam. stay strong. as far as the fanbase is concerned, this is not a game for KC, it’s his livelihood.

  34. Kam might very well be traded, but it’s not going to be just to unload him. The Seahawks are going to demand a high price like two 1sts, or a 1st and 2nd from different drafts, or a 1st and 3rd from next years draft, something like that. And they’ll get it, too. All it will take is some team that’s already weak in the defensive backfield to lose a player to injury and get desperate.

  35. @decon, it’s just the original 5 fans doing that, apparently they’re proud of it. The rest couldn’t even tell you if Seattle had a football team before 2006.

  36. bluetalons says:
    Sep 12, 2015 9:04 PM
    Kam might very well be traded, but it’s not going to be just to unload him. The Seahawks are going to demand a high price like two 1sts, or a 1st and 2nd from different drafts, or a 1st and 3rd from next years draft, something like that. And they’ll get it, too. All it will take is some team that’s already weak in the defensive backfield to lose a player to injury and get desperate.
    ____________________
    You are dreaming. No SS is worth more than a first round draft pick. That is max and I am not sure Kam is worth that much.

  37. If they do redo a deal for him they should make it a ONE YEAR thing, with no bonuses, since he wont honor anything longer than that anyway.

    Great player but I applaud the front office of my rival for not allowing the lunatics to run the asylum.

  38. I always got to chuckle at these jug heads who call 12’s bandwagon fans. We filled up the crappy Kingdome and cheered loud for a lot of crappy teams long before Paul Allen came along.

  39. So the guy is trying to tell everybody that he doesn’t want much. He just wants a large portion of the last yr pushed up to 2016. I am sure if they do this he will abide by the rest of the deal and play out 2017 without asking to renegotiate again. Yeah right… Please don’t cave Seattle.

  40. Whilst I would agree with the majority of people who say he is making a mistake, I do find it laughable how many fans complain about players not honoring their contracts. Do you realize how many teams cut how many players each and every year with time remaining on their contracts yet we do not hear a word of complaint.

    This is why players in the NFL are the way they are, no guaranteed contracts, it always favors the owners.

    Not saying its right, not saying its wrong but that is why it is the way it is.

  41. You guys are missing it! The problem is jimmy! Cam is like that fool can’t block and can’t catch a cold when I cover him and he is worth 10? He is worth 1st and a all pro and 10? Damn I gotta be worth more!

  42. @neilpountney

    Teams cut players (employees) who underperform. Pretty much like every other employer.

    You imply that an NFL contract doesn’t obligate the player to perform his best, because if he does he should be able to demand an entirely new contract.

  43. Brilliant guy to possibly lose out on close to 2 mil just because he supposedly wants some cashed moved up to an earlier year.

    Sounds like he has an amazing agent.

    Hopefully they will still do well without him and this moron can keep losing money by being the latest black athlete who can’t comprehend what a contract means.

  44. He’s living in his car right now! How can they do this?!?!? Gimme a break… Must’ve made tons in college.

  45. And if Seattle pushes the 2017 money up to 2016 then next year he’ll be whining about how little he makes in 2017 and hold out again. Let’s face it, he’s not going to be happy unless he gets the same amount as Russell Wilson.

    It’s ironic how many times a guy who puts money above everything else essentially ruins his career and never plays as well as he did before…as someone else mentioned. If Dion Bailey plays well, Seattle will probably trade him mid-season and let him be someone else’s problem.

  46. “Whilst I would agree with the majority of people who say he is making a mistake, I do find it laughable how many fans complain about players not honoring their contracts. Do you realize how many teams cut how many players each and every year with time remaining on their contracts yet we do not hear a word of complaint.

    This is why players in the NFL are the way they are, no guaranteed contracts, it always favors the owners.

    Not saying its right, not saying its wrong but that is why it is the way it is.”

    Well, employers generally have the say in things like this in every industry as that is why they are employers. Just because sports are high profile doesn’t mean they shouldn’t be like every other industry.

    I am also 99% certain that even if contracts were fully guaranteed that you would get the same whining every year by some people who think they should get a raise because they had a good season or the market changed on them. That and many would just phone in their performance since they know they will be making bank no matter what.

    Funny how you don’t see players asking to take a paycut when they under perform. Weird (that’s me being a bit sarcastic) how they want everything one way…

    And another thing, you can be sure these players would go Mike Jordan style and take the opposite stance with players looking for raises all the time and wanting full guaranteed contracts if they became owners when they retired.

  47. 19 teams have sellout streaks longer than Seattle:

    WASH, NYG, NYJ, GB, CLE, DEN, PIT, SF, CHI, TEN, MIN, DAL, MIA, IND, NE, CAR, PHI, HOU, and BAL.

    But yeah, 12th man. Really showing Detroit, Jacksonville, and Tampa who’s boss.

  48. What kind of idiot has a guy with the power of a Paul Allen in his corner and just throws it away. And he has. They’ll probably work something out and he’ll be back to work but he burnt a valuable bridge when he chose to extort the Seahawks. What an unbelievably stupid thing to do.

  49. Seattle’s arrogance is astounding. They lost Byron Maxwell, Max Unger, Malcolm Smith, and are going to most likely Kam Chancellor but still believe that their team is super bowl bound. To add to that, they believe their team’s most important locker room presence and physical presence on the field should “suck it up” (that’s literally the poll answer that over a thousand seattle fans voted on covering kam chancellor’s holdout). Unbelievable the amount of arrogance and stupidity that flows out of seattle.

    I cannot wait until the seahawks miss the playoffs this year/lose in the divisional round and their trash fan base finally dissipates as quickly as it formed. If you call yourself a seahawk fan and think Kam should “suck it up”, go back to oakland.

  50. I understand how you feel Kam.

    1977 I lost $50.00 by holding out and not doing my chores for 5 weeks ($10 Per week.) I was trying to get a two week $20 advance.

    My sister was my agent. I fired her in the 6th week.

  51. Take your whoopin like a man and get back to work. I used to be a season ticket holder, they cost me like $500 back in the eighties. So I had a family and had to let the tickets go. Last year I paid $1000 for 4 nosebleed tickets, I’m not complaining we went to the Rams game it was awesome. I’m just saying you can’t afford to take a family to a game so it’s hard to sympathize with a person who signs his name to a contract then turns his back on the fans. Your career is short and you will make more money in one year than I will at my blue collar job my entire life. JUST SAYING

  52. This is not about Paul Allen—chump change to him. Salary Cap management, that’s all. Made all the other deals based on a number for Cam that his agent negotiated, and now wants to change. Either he screwed up originally, or he made a good deal and is screwing up now, or both. Either way, Cam needs a new agent.

  53. This is the $ of success sometimes? They had to pay Wilson, I am a Patriots fan..FYI but also a fan of football and I think this was spurred by the beast mode situation, they added $ and I think correctly for what he does for that team, but the next guy says hey let me try this??
    I think if they are really dug in, trade him for a ransom and do what you do.
    But BB has proven to me, gotta put the whole team first!
    03 cut Milloy, Bledsoe 04 trade in division, let Law walk, Deion traded, Moss cut, Mankins
    Hey football is brutal, so is being a coalminer.
    One pays a whole lot better.
    Or find another gig

  54. It’s early A.M, and the coffee hasn’t kicked in, but to me, it seems like he was trying to pull next year’s money into this year, as he must have felt that his time with the team was going to end after this season – i.e. get the money now, but with his plan, he LOSES money this year and STILL gets dumped next year…

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