Jacoby Brissett negotiated his new deal himself

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Jacoby Brissett was entering the final year of his contract, scheduled to make $2 million in base salary before becoming a free agent in March. But then Andrew Luck unexpectedly retired, and the Colts signed Brissett to a two-year deal with a value of $30 million, $20 million of it guaranteed.

Brissett negotiated the deal himself, just as he did his rookie contract after the Patriots made him a third-round choice in 2016.

“Yeah, I do it myself,’’ Brissett said Tuesday, via Mike Chappell of Indianapolis’ CBS4. “I don’t like people to BS on my behalf. I try to say it for myself. All you can be is honest.

“I did my rookie contract, too, so I kind of had the gist of it.’’

The Colts have bought time to determine whether Brissett is the long-term answer. Colts coach Frank Reich already has given Brissett his endorsement, saying, “He is the man. He’s our answer.”

Brissett’s $15 million average places him 18th among players at his position. It doesn’t change anything for Brissett, who said he believed the Colts supported him even when he was Luck’s backup.

“I don’t think it changes anything,” Brissett said. “Money doesn’t define me, so it therefore wouldn’t change me to where I would be anybody different. Just go out there and play football. That’s what I’m excited for.’’

39 responses to “Jacoby Brissett negotiated his new deal himself

  1. Tsk tsk tsk Jacoby….De Smith’s NFLPA frowns upon players actually doing something for themselves.
    Brissett can expect a stern warning letter from the union and probably an dramatic increase in union dues for daring to negotiate a contract without involving a shyster lawyer.

  2. Right there he shows he has his head on his shoulders. Smart enough to know his abilities and his value. Maybe he could have gotten a little better contract but he’s his own man with his financial affairs.

  3. I think he did well. Better to have a brinks truck in the hand rather than roll the dice on his contract year producing a boat load of riches in 8 months in his situation.

  4. would love to see all pro athletes ditch these player agents who are doing nothing but ruin salary caps and player/team relationships, i think most players are smart enough to decide what is fair or not re salaries and bonuses, they don’t need a friggin’ stubborn parrot to hang over their shoulder.

  5. Ever since college, he’s had Bill Parcells looking out for him. Wouldn’t surprise me to learn that he helped Jacoby negotiate his contracts.

  6. At 3%(max rate), he saved himself $900k by forgoing an agent. For most players negotiating a long term contract, using an agent is likely the better option. However, Brissett was in a unique situation in which he plays a highly paid premium position who was likely going to get a majority of the contract guaranteed on a shorter deal anyways.

    Smart move for Jacoby.

  7. stucats says:
    September 3, 2019 at 6:50 pm
    would love to see all pro athletes ditch these player agents who are doing nothing but ruin salary caps and player/team relationships, i think most players are smart enough to decide what is fair or not re salaries and bonuses, they don’t need a friggin’ stubborn parrot to hang over their shoulder.
    ______________

    Being smart is only one ingredient in successfully negotiating a contract. Knowledge & experience are other important ingredients. There is nuance involved as well.

    Yes, many guys who fall out of the first round or are negotiating contracts of the year-to-year variety, can often successfully negotiate a contract the serves them well. But for longer, larger value contracts, it’s almost always a better choice to hire an agent to handle these negotiations for you.

  8. I cant see a fault in the deal. He gets 20 million guarenteed for 2 years, doesnt hurt the colts at all. Not a ridiculous signing, a prove-it deal that isnt unfair to either side. I like this kid. I cant wait for sunday.

  9. Most players should hire an agent. Hopefully, a smart agent, but reading some of these stories, most guys can’t handle hiring a financial advisor. The union should have experts on staff to negotiate non complex deals lIke the one jacoby did. Deals like Elliott with dallas– the agent is earning the money. Every situation different. Tom brady? Why hire an agent when Brady just ask how much you need me to give up this year?

  10. ibillwt says:
    September 3, 2019 at 7:16 pm
    any questions why the pats drafted him, football is important to him. wish he and hoyer hadn’t ended up with the clots

    Agreed he loves football but why does it always have to be a dig at the colts? Should colts fans post derogatory comments on every single pats article? And thank your hero BB for trading Brissett…

  11. If he negotiates his own contract I’m sure he is also doing his own investing and won’t join the ranks of bankrupt ex- players. No pork belly futures, etc.
    Good job Jacoby.

  12. He’s set for life as any wife and or kids. That’s what all players want from their second contract I believe, and he got what he needed.

  13. When was the last time a big name agent got a journeymen QB $15M/yr. Well done Jacoby, when your playing career is done you have a future as an agent.

  14. Saved himself $900k and negotiated a good deal for himself. Easy to not be defined by money when he’ll make enough in one year to never have to work again.

  15. Smart guy. Agents typically get between 4 and 10% of the contract. So he saved himself between 144K and 360k on the rookie deal and between 1.2 to 3 mil on this deal. So he’s at a minimum 1.3 mil ahead. I’d take that in my 401 any day.

  16. Hold on, 20MM guaranteed?
    He is due to make 2MM this year, so that means hes making $8MM next year but only $18MM is guaranteed?

    Translation – if he’s not very good he gets cut and the Colts eat 18MM. If he’s ok the Colts keep him for 28.

    Eh, its better for them than a straight up 28MM guarantee, but overall I think its a dumb move by the Colts.

  17. To all the people cheering him on, I’ll just say there’s a reason Jerry Jones said he tries to negotiate with players directly and avoid their agents. While Jacoby May have done alright for himself (I honestly don’t know if he did or not), more times than not, having someone on your side who is a pro at contract negotiations and all the nuances involved with them is the smarter play.

  18. So let me get this straight…

    When a Stanford-graduated Richard Sherman negotiated his 49ers contract himself (after studying 200+ previous NFL contracts), he got RIPPED TO SHREDS by certain media members and PFT commenters. To a point where they where nit-picking every little detail like he got hosed.

    Yet Jacoby Brissett gets an entirely different (ie NICER) treatment FOR DOING THE EXACT SAME THING. Hmm, why is that?

  19. I don’t think teams, at least smart teams, want to screw players in negotiations. If succeeding at such, they would end up with a disgruntled employee. That never ends well in this business.

  20. dryzzt23 says:
    September 3, 2019 at 6:38 pm
    Tsk tsk tsk Jacoby….De Smith’s NFLPA frowns upon players actually doing something for themselves.
    Brissett can expect a stern warning letter from the union and probably an dramatic increase in union dues for daring to negotiate a contract without involving a shyster lawyer.

    Right, because it’s very smart to negotiate contracts worth tens of millions of dollars without a lawyer. That’s why the teams and every other corporation in the world doesn’t have teams of lawyers on their side either. Oh wait, they do. Never mind.

  21. Great that Jacoby saved a few by eliminating agent fees etc
    But it’s also true that having an agent means a higher negotiated price
    (I get it that some of that goes to the agent) but if every player negotiated without an agent then for sure the baseline price that Jacoby used to arrive at his contract would be lower since owners can use their army of lawyers to gain leverage and drive a bargain

    So in summary Jacoby by not using an owner is being selfish and shortchanging other players who used an agent

  22. Let’s be real. Like most athletes that negotiate their own deals, he probably hired an attorney to review and discuss the contract at a MUCH lower rate than an agent would charge.

  23. I went to bed the other night thinking if I were Brissett or the Colts, I would want a 2 year 30M contract extension. with 20M guaranteed. So really a 32 million 3 year contract.

    So the Colts are paying more, getting less (1 year) but not on the hook for as much, if he sucks. It’s a very fair deal, that leans in Brissett’s favor, that ANY agent would have taken.

    Well done.

  24. Smart move. They basically guaranteed his pay this year. (they had cap room with Luck retiring). They’ll wait and see next season, in terms of if they’re drafting QB up top or he’s given himself an opportunity to be the guy longer term.

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