UPDATED: Harvin's contract 6y/$67m $14.5m guaranteed

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  • Unless disaster strikes him this year, another $11 million is guaranteed after the 2013 season for a total of $25.5 million guaranteed. Seems pretty reasonable after all. I hope Sidney doesn't get jealous
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  • First of all, thank you for editing this thread rather than making a new one.. lol

    Excellent deal- I like the 6th year added on there. To get a player in the entirety of his prime is very rare. Also, keep in mind that the cap is expected to increase next year, and in the future as TV does well. I wouldn't be surprised if he's the 10th highest paid WR in 3 years.
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  • I like it. Mike Wallace got $13 million per year so this one isn't bad.

    On a side note: All professional athletes make too much money. I mean in regards to market value.
    Last edited by Hawksfanatik on Tue Mar 12, 2013 3:54 pm, edited 2 times in total.
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  • HawkFan72 wrote:Here's the details:

    The base salaries are $2.5 million in 2013 (fully guaranteed), $11 million in 2014 (guaranteed for injury for now, fully guaranteed on fifth day of the 2014 waiver period), $10.5 million in 2015, $9.9 million in 2016, $9.95 million in 2016, and $11.15 million in 2017.

    Thus, $14.5 million is fully guaranteed, with another $11 million guaranteed fully after the 2013 season. The total guarantee, then, is $25.5 million.


    http://profootballtalk.nbcsports.com/2013/03/12/harvin-gets-67-million-over-six-years/


    Does this mean that his salary cap hit is only 2.5 million this year? If so, hurry up and over pay for Desmond Bryant!
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  • If his cap hit is only 2.5 million this season it means he can keep Sidney Rice and Matt Flynn for 2013. Nice.
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  • Hawksfanatik wrote:If his cap hit is only 2.5 million this season it means he can keep Sidney Rice and Matt Flynn for 2013. Nice.

    We can keep them no matter what basically. We had like $17m going into FA, before Harvin, before cutting Leon. We're fine.
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  • JSeahawks wrote:
    HawkFan72 wrote:Here's the details:

    The base salaries are $2.5 million in 2013 (fully guaranteed), $11 million in 2014 (guaranteed for injury for now, fully guaranteed on fifth day of the 2014 waiver period), $10.5 million in 2015, $9.9 million in 2016, $9.95 million in 2016, and $11.15 million in 2017.

    Thus, $14.5 million is fully guaranteed, with another $11 million guaranteed fully after the 2013 season. The total guarantee, then, is $25.5 million.


    http://profootballtalk.nbcsports.com/2013/03/12/harvin-gets-67-million-over-six-years/


    Does this mean that his salary cap hit is only 2.5 million this year? If so, hurry up and over pay for Desmond Bryant!


    Does his signing bonus count against the cap? Cause that's another $12 million.
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  • I could be mistaken but I highly doubt the cap number is only 2.5mil this year. If so, then you are right J, go get Desmond!
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  • IIRC, the signing bonus is evenly spread out over the length of the contract against the cap.

    So that's base salary + 1/6 of the signing bonus, if I am correct.
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  • Does this mean that his salary cap hit is only 2.5 million this year? If so, hurry up and over pay for Desmond Bryant![/quote]

    Does his signing bonus count against the cap? Cause that's another $12 million.[/quote]

    For cap purposes, his signing bonus is prorated over the life of the contract. $2 million of his cap hit for 2013 is his signing bonus, the remainder of the cap hit is hi $2.5 million salary.
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  • Shadowhawk wrote:Does this mean that his salary cap hit is only 2.5 million this year? If so, hurry up and over pay for Desmond Bryant!

    Does his signing bonus count against the cap? Cause that's another $12 million.

    For cap purposes, his signing bonus is prorated over the life of the contract. $2 million of his cap hit for 2013 is his signing bonus, the remainder of the cap hit is hi $2.5 million salary.


    So his cap hit this year will be 4.5 million? Still VERY reasonable!
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  • JSeahawks wrote:
    Shadowhawk wrote:Does this mean that his salary cap hit is only 2.5 million this year? If so, hurry up and over pay for Desmond Bryant!


    Does his signing bonus count against the cap? Cause that's another $12 million.


    For cap purposes, his signing bonus is prorated over the life of the contract. $2 million of his cap hit for 2013 is his signing bonus, the remainder of the cap hit is hi $2.5 million salary.[/quote]

    So his cap hit this year will be 4.5 million? Still VERY reasonable![/quote]

    Yep - enough to get Desmond Bryant + one of Osi/Freeney/Abraham unless someone's price gets driven up too far in a bidding war.
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  • 6 years 67 million thats alot better than the 80mill ESPN was throwing around yesterday.
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  • Smelly McUgly wrote:
    Yep - enough to get Desmond Bryant + one of Osi/Freeney/Abraham unless someone's price gets driven up too far in a bidding war.


    I'd really like to see the Hawks use some of the extra room to lock up one of our own to a longer deal like they did with Unger last year.
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  • As pointed out below, bonus is prorated over first 5 years, total cap hits (and dead money) by year would be:

    2013 - $4.9 million ($25.5 dead money)
    2014 - $13.4 million ($20.6 million dead)
    2015 - $12.9 million ($7.2 million dead)
    2016 - $12.3 million ($4.8 million dead)
    2017 - $12.35 million ($2.4 million dead)
    2018 - $11.15 million ($0 dead money)

    Think I've got it this time. :mrgreen:
    Last edited by KentuckyHawk on Tue Mar 12, 2013 4:29 pm, edited 3 times in total.
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  • More then I thought it would be, but PC and JS did an admirable job. Like his cap hit for this year, gives us flexibility as far as buying a DL.
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  • I thought with the new CBA the signing bonus was spread out over five years max, even if the length of the contract is longer. Is that wrong?
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  • IBleedBlueAndGreen wrote:I thought with the new CBA the signing bonus was spread out over five years max, even if the length of the contract is longer. Is that wrong?


    Could be, I was wondering how that worked.
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  • I didn't think this deserved its own thread, but I didn't see if elsewhere. Looks like Harvin will be wearing #11.

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  • NOOOOO!!!! That will ALWAYS be Jermaine Kearse's number!!!
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  • This sounds like a reasonable deal that leaves us cap room to sign our own guys now. Our FO is brilliant, and it seems like this is a major FA destination with our recent success and team chemistry. Guys will take reasonable deals to come here, and the word is out: you won't take Seattle to the bank anymore.

    I just hope all the screaming at the coach and other garbage we heard about stays in Minnesota. Pete isn't a hardass like some coaches and I could see guys with Harvin's history try to take advantage of Pete's happy go lucky personality.
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  • Hawks46 wrote: Pete isn't a hardass like some coaches and I could see guys with Harvin's history try to take advantage of Pete's happy go lucky personality.


    I think players know not to mess with Pete.
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  • Hawks46 wrote:This sounds like a reasonable deal that leaves us cap room to sign our own guys now. Our FO is brilliant, and it seems like this is a major FA destination with our recent success and team chemistry. Guys will take reasonable deals to come here, and the word is out: you won't take Seattle to the bank anymore.

    I just hope all the screaming at the coach and other garbage we heard about stays in Minnesota. Pete isn't a hardass like some coaches and I could see guys with Harvin's history try to take advantage of Pete's happy go lucky personality.


    Pete has already demonstrated numerous times that he has no issue showing such players the door - $14.5M SB be damned.
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  • Hawks46 wrote:I just hope all the screaming at the coach and other garbage we heard about stays in Minnesota. Pete isn't a hardass like some coaches and I could see guys with Harvin's history try to take advantage of Pete's happy go lucky personality.


    Pete is as cut-throat as anyone in the business in making personnel/rotation decisions, and he surrounds himself with no-nonsense assistants. Doubt any player is causing a ruckus with Cable or any of the defensive coaches in earshot. Not to mention the culture he's cultivated among the players. Guys like Marshawn, Mike Rob, Big Red, etc. aren't going to be putting up with any nonsense on the sidelines or the lockerroom.
    Last edited by DavidSeven on Tue Mar 12, 2013 4:41 pm, edited 1 time in total.
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  • HawkFan72 wrote:
    Does his signing bonus count against the cap? Cause that's another $12 million.


    Someone probably explained this already, but the bonus is prorated or the life of the contract, so the cap hit would be about $5million this coming year.
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  • HawkFan72 wrote:
    Smelly McUgly wrote:
    Yep - enough to get Desmond Bryant + one of Osi/Freeney/Abraham unless someone's price gets driven up too far in a bidding war.


    I'd really like to see the Hawks use some of the extra room to lock up one of our own to a longer deal like they did with Unger last year.


    The only critical piece even eligible for a long term deal this year is Kam Chancellor.
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  • Hawks46 wrote:Pete isn't a hardass like some coaches and I could see guys with Harvin's history try to take advantage of Pete's happy go lucky personality.


    Yeah, cause Pete was really soft on Lendale White, Mike Williams, TJ houshmanzada and . . . oh wait, he cut those guys when they got lazy or whinny?
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  • $4.9 cap hit for 2013 seems right to me.
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  • What website is that?
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  • JGfromtheNW wrote:Good estimate of cap hit for 2013...

    You can see him down there at $4.9 :)


    Great screen grab! Can you provide the link for future reference to that site?
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  • Hawk Finn wrote:
    JGfromtheNW wrote:Good estimate of cap hit for 2013...

    You can see him down there at $4.9 :)


    Great screen grab! Can you provide the link for future reference to that site?



    http://www.spotrac.com/nfl/

    That's the site. It is in the Salary cap thread that used to be stickied, but got unstickied for some reason recently. It's a pretty good site for salary information.
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  • Thanks, guys!!!
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  • Would've asked this in one of the Harvin threads, but it looks like they were both closed, and I don't think it deserves its own thread, so I'll just ask here.

    What happened to Kearse? I thought he was #11, but apparently that's Harvin's new number. Did I miss something?
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  • Whaaaa??? They done gone and done it now, takin' Jermaine's number. The Kearse just got lifted, fo' real.
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  • Does anyone have the GIF of Ponder throwing the ball like 3 yards off (to Harvin) on a bubble screen incomplete?
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Re: Predict Harvin's New Contract
Tue Mar 12, 2013 6:46 pm
  • Wenhawk wrote:6 years $75 Mil, $25 M guaranteed, but written like a 4 year 40 M deal where the Seahawks have an out in year 5 or 6.


    was close with the 6 years, but way off on the guaranteed money. unless you add the injury guarantee. I hope it's structure so we can cut him after 4 years just in case.
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  • Natethegreat wrote:29 touchdowns (total including returns and rushing) over 4 years(7.5 a year) is good not great and he never broke a thousand yards receiving. For a guy who is being touted as an explosive game changer and being payed top tier money its a little high compared to actual production however it remains to be seen what he can do with Wilson throwing to him. We are not a pass heavy team so it just seems like overpay to me but not outrageously so.

    If you are only looking at stats and only stats when it comes to Harvin (let alone any player for that matter) then you just don't understand the value. Harvin IS the most explosive playmaker in the league arguably and all you have to do is simply WATCH the guy play and you will see that. He is so dynamic and probably the most versatile player in the league....can line up anywhere on the field and be a threat to take it the distance. He allows the offense to use him like a swiss army knife and trust me that defenses will be befuddled when having to keep an eye constantly on where he is at, worry about containing Russell, and also worry about having to stop Lynch. On top of that, he is the most dangerous return man in all of football. Just watch the guy play man and you will see why everyone is saying how fair this deal is. He honestly puts this offense over the top
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  • Can someone explain this?

    $11 million in 2014 (guaranteed for injury for now, fully guaranteed on fifth day of the 2014 waiver period)


    What exactly does this mean?
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  • NorthwestSportsFan wrote:I didn't think this deserved its own thread, but I didn't see if elsewhere. Looks like Harvin will be wearing #11.

    http://t.co/LPEEMDp4l6


    #11 was his High School number
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  • What is dead money? I'm unfamiliar with that term.
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  • its money you have to pay a player that you released.
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  • Spent money big we cut him today then we are paying that guaranteed.

    I really like the contract especially the guaranteed money split with the money I injure portion only. I also like a six year deal. A four or five then he would still be getting a secon big contract. Probably doesn't happen now. Finally pretty even spread over the years so stays incentivized.

    High cost in trade, fair contract overall good deal and it tells me Perxy wanted his payday BUT he wanted to be a part of a good team an a fair deal to all
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  • what are you the fans expectations for Harvins receiving yards, if he stays healthy, for 2013?

    He has never even had 1000 yards receiving in a season, are your expectations that he surpasses 1000 yards in 2013?
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  • Well let's be honest, who was throwing him the ball? Now he has RW. He will put up big numbers for sure.
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  • Ninerguy wrote:what are you the fans expectations for Harvins receiving yards, if he stays healthy, for 2013?

    He has never even had 1000 yards receiving in a season, are your expectations that he surpasses 1000 yards in 2013?

    Yes. Because he won't have to deal with an incompetent organization and come to a real one with a REAL quarterback.. He will break 1000 receiving yards this year easily, and you will witness it. Boldin? Idk. He hasn't had an 1000 year season since Arizona, soo.. there's that. (just throwing that out there)
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  • Ninerguy wrote:what are you the fans expectations for Harvins receiving yards, if he stays healthy, for 2013?

    He has never even had 1000 yards receiving in a season, are your expectations that he surpasses 1000 yards in 2013?


    Hard to say, given that we have Tate and Rice who will be sucking up a good amount of yardage as well. Also, Miller and Wilson seemed to have made a better connection near the end of the season, so that might take some yards away from the WRs too. But he can be such a weapon that I can't say he won't end up with 1000+ yards.
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  • Decimation wrote:
    Ninerguy wrote:what are you the fans expectations for Harvins receiving yards, if he stays healthy, for 2013?

    He has never even had 1000 yards receiving in a season, are your expectations that he surpasses 1000 yards in 2013?

    Yes. Because he won't have to deal with an incompetent organization and come to a real one with a REAL quarterback.. He will break 1000 receiving yards this year easily, and you will witness it. Boldin? Idk. He hasn't had an 1000 year season since Arizona, soo.. there's that. (just throwing that out there)


    I guess Favre wasnt a real quarterback...probably wont make it to the HOF right? Harvin may or may not have 1000 yds, I think he could do it.
    Im just asking your opinion, to get a feel for hawk fans expectations...btw, I do not expect Boldin to have 1000 yards at all, 8-900 will be fine! we still have Crabtree and Vernon Davis to feed the ball to, I am hoping Boldin is more os a redzone threat honestly
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  • Harvin doesn't need to hit 1000 yards. What he's going to add to this offense is a level of versatility and unpredictability that will be the tide that raises all ships. That's what he brings that somebody like Boldin certainly doesn't. He's taking an already explosive, versatile, unpredictable offense and pushing into the realm of absurdity.

    If you're just looking at Percy's stat line and thinking you've got an idea of what he does or what to expect, you're missing the point in an embarrassing way.
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