Register    Login    Forum    Search    FAQ    Contact Us  Your donations are greatly appreciated! Donate  Chat Room

Board index » SEAHAWKS.NET - THE VOICE OF THE 12TH MAN » [ THE OFFICIAL NET NATION FAN FORUM ]




Post new topic Reply to topic  [ 12 posts ] 
Author Message
 Post subject: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 7:02 pm 
* NET Alumni *
User avatar
Offline

Joined: Sat Mar 03, 2007 8:49 pm
Posts: 2976
There are incorrect cap and player cost numbers on a couple of threads on this site. Many teams are reluctant to disclose contract numbers because those numbers are consistantly prone to misunderstanding and misused. Because this misinformation has been used here as the basis for comparing the value of individual Seahawk players going forward, it seems a disservice to .net members to leave the misinformation uncorrected.

Sidney Rice: The base salary expediture number that has been quoted on this forum is $7 million. The applicable base salary expediture number for the 2013 season is actually $8.5
I don't why Sidney's future cost is being understated by $1.5 million. But for 2013, his scheduled base salary is $8.5 million and his cap number is $9.7 million. (Pro Bowl appearence bonus not included)

Zack Miller: I don't know why Zack Miller's cost is being overstated by $1 millon. The $11 million figure is incorrect.
In 2013, Zack Miller is schedule to receive a base salary of $6.8 million plus a workout bonus of $0.2 million plus a roster bonus of $3 million for a total scheduled expenditure of $10 million. The 2013 $3 million roster bonus will be prorated over the remaining 3 years of the contract. Miller's 2013 cap number is $11 million. << wrong number Edit: Miller's correct 2013 cap number is $9 million

So the difference in scheduled 2013 expeditures between the two players is not the incorrect $11-$7=$4 million that has been implied on this site. The real expenditure difference is $300 thousand.

Two additional notes: $4 million of Zach Miller's 2013 base salary is fully guanteed. Sidney Rice has already received his guanteed monies so none of Sidney Rice's 2013 base salary is guanteed prior to making the final cut in 2013.

P.S. Spotrac referenced cap hit figures for Zack Miller are miscalculated for the years 2013, 2014 and 2015.

Please fact check before posting


Last edited by Jville on Sat Nov 10, 2012 7:05 am, edited 1 time in total.

Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 7:09 pm 
* NET Starfish *
User avatar
Offline

Joined: Sun Jun 14, 2009 6:29 am
Posts: 10206
Location: Helm's Deep
Nerd.

_________________
Rzzzzz...


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 7:35 pm 
NET Veteran
User avatar
Offline

Joined: Sat Aug 18, 2012 11:04 pm
Posts: 797
Location: Behind you
peachesenregalia wrote:
Nerd.


Randy!
http://www.youtube.com/watch?v=_Ds51SZ9knU

_________________
Image


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 7:46 pm 
NET Veteran
User avatar
Offline

Joined: Tue Sep 07, 2010 9:26 am
Posts: 2869
Jville wrote:
The $11 million figure is incorrect. . . Miller's 2013 cap number is $11 million.


I could see how that would get confusing. Not everyone specifies literal expenditure vs cap hit in their posts. I think most folks go with the cap hit. . .? Am I wrong in saying the cap hit is more important?

Bottom line, we need to restructure Zach's deal. Sydney is borderline.


Last edited by Coug_Hawk08 on Wed Nov 07, 2012 7:50 pm, edited 1 time in total.

Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 7:49 pm 
* NET Alumni *
User avatar
Offline

Joined: Sat Mar 03, 2007 8:47 am
Posts: 3883
Thanks for doing the work to figure the correct figures out.

_________________
Image
R.I.P. Dad. I miss you. You will never be forgotten
1/12/39 - 8/7/08


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Wed Nov 07, 2012 11:22 pm 
* Mr Random Thought *
User avatar
Offline

Joined: Tue Mar 06, 2007 1:44 am
Posts: 9805
Thanks Jville. I was lazy and just using google for mine. Serves me right.


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Thu Nov 08, 2012 4:26 am 
NET Veteran
User avatar
Offline

Joined: Fri Jan 07, 2011 5:45 pm
Posts: 1378
kearly wrote:
Thanks Jville. I was lazy and just using google for mine. Serves me right.


Same here haha

Thanks for setting the record straight Jville!

_________________
Talkin Seahawks All Day, All Night @ my blog Seafense! http://seafense.blogspot.com/


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Thu Nov 08, 2012 8:49 am 
NET Veteran
User avatar
Offline

Joined: Mon Mar 12, 2012 9:53 am
Posts: 2285
I would be shocked if we were willing to pay both those guys next year. Miller is the obvious candidate to restructure, but Sidney is not far behind.


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Thu Nov 08, 2012 11:38 am 
NET Veteran
User avatar
Offline

Joined: Wed Apr 14, 2010 8:59 am
Posts: 2873
My source for player contract information is rotoworld.com.

They have the correct numbers for both Rice and Miller.

_________________
EastCoastHawksFan posted... "Trading for Harvin is by far the worst move John S has ever made." (March 18, 2014)

Moved to Seattle in 1980. Hawks fan for 34 years and counting.


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Sat Nov 10, 2012 6:49 am 
* NET Alumni *
User avatar
Offline

Joined: Sat Mar 03, 2007 8:49 pm
Posts: 2976
Jville wrote:
There are incorrect cap and player cost numbers on a couple of threads on this site. Many teams are reluctant to disclose contract numbers because those numbers are consistantly prone to misunderstanding and misused. Because this misinformation has been used here as the basis for comparing the value of individual Seahawk players going forward, it seems a disservice to .net members to leave the misinformation uncorrected.

Sidney Rice: The base salary expediture number that has been quoted on this forum is $7 million. The applicable base salary expediture number for the 2013 season is actually $8.5
I don't why Sidney's future cost is being understated by $1.5 million. But for 2013, his scheduled base salary is $8.5 million and his cap number is $9.7 million. (Pro Bowl appearence bonus not included)

Zack Miller: I don't know why Zack Miller's cost is being overstated by $1 millon. The $11 million figure is incorrect.
In 2013, Zack Miller is schedule to receive a base salary of $6.8 million plus a workout bonus of $0.2 million plus a roster bonus of $3 million for a total scheduled expenditure of $10 million. The 2013 $3 million roster bonus will be prorated over the remaining 3 years of the contract. Miller's 2013 cap number is $11 million.

So the difference in scheduled 2013 expeditures between the two players is not the incorrect $11-$7=$4 million that has been implied on this site. The real expenditure difference is $300 thousand.

Two additional notes: $4 million of Zach Miller's 2013 base salary is fully guanteed. Sidney Rice has already received his guanteed monies so none of Sidney Rice's 2013 base salary is guanteed prior to making the final cut in 2013.

P.S. Spotrac referenced cap hit figures for Zack Miller are miscalculated for the years 2013, 2014 and 2015.

Please fact check before posting


Correction:
Whoops. ... Zack Miller's correct 2013 cap number is $9 million ... not 11.

Sorry about that. My mistake... added instead of subtracted :roll: It consists of the $6.8 salary + $.2 work out bonus + $1 million (1/3 of scheduled 2013 roster bonus) + $1 million (1/5 of original signing bonus) = $9 million cap number for 2013.


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Sat Nov 10, 2012 8:47 am 
NET Veteran
User avatar
Offline

Joined: Sat Jun 30, 2012 10:40 am
Posts: 540
Location: Ireland!
Boom, dropping the knowledge.

So...devil's advocate time, if we could only keep one of the two, who is it?

_________________
"Never argue with stupid people, they will drag you down to their level and then beat you with experience." Mark Twain.

"Beast Mode is artist, puny Saints Defense merely his canvas!"

"When you die the only kingdom you'll see, will be two foot wide and six foot deep!"


Top 
 Profile  
 
 Post subject: Re: Sidney Rice & Zack Miller Contract Misinformation
 Post Posted: Sat Nov 10, 2012 9:01 am 
* NET Alumni *
User avatar
Offline

Joined: Sat Mar 03, 2007 8:49 pm
Posts: 2976
HawksSoc wrote:
Boom, dropping the knowledge.

So...devil's advocate time, if we could only keep one of the two, who is it?


If forced to chose ........

My take is fantasy football fans ..... go with reception numbers and highlight film counts.

Where as run first zone blocking fans ..... go with the hard to find jack of all trades guy.

My expectation is that both finish well and return in 2013.


Top 
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 12 posts ] 

Board index » SEAHAWKS.NET - THE VOICE OF THE 12TH MAN » [ THE OFFICIAL NET NATION FAN FORUM ]


Who is online

Users browsing this forum: Alexander, b3liever, Blitzer88, dbmack, Google [Bot], Hawkspur, Mojambo, OkieHawk, razgriz737, SalishHawkFan, SeahawksRawk, themunn and 80 guests

 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Seahawks.NET is an independent fan site and not associated with the Seattle Seahawks or the NFL (National Football League).
All content within this Seahawks fan page is provided by, and for, Seattle Seahawks fans. Copyright © Seahawks.NET.