Pandion Haliaetus
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In 2012, Luck signed a 4 year deal worth $2 dollars short of $22,108,000. He received up front a signing bonus worth $14, 518, 544.
In the same year, Wilson signed a 4 year deal worth $2, 996,702. Wilson’s signing bonus was a paltry $619, 400.
Luck’s rookie deal APY was $5.527m.
Wilson’s rookie deal APY was $749,146.
The difference in pay is staggering, and with Luck getting about 14.5m upfront at the time of signing, he could easily invest much of that money right away and get an overall bigger return compared to what Wilson could invest.
Why is this important? Well, Luck is eventually going to become the highest paid QB whether its next year with the Colts tearing up his 5th year option or in 2017 if they don't. Its safe to assume Luck is going to make a higher APY than Wilson and get more guaranteed money than Wilson especially after the River’s contract. Colts have no leverage but to oblige as Luck is already touted as the best young QB in the game and universally considered a top 5 QB by most talking heads, pundits, and analyst alike.
The Yearly Comparison of Known Money Cap Hits between the two young QBs that I would consider more or less equals at this point in their careers is a little eye opening if you haven't seen the numbers side by side.
Year: Luck………….(Wilson)
2012: $4,019,636 ($544,868)
2013: $5,024,545 ($681,085)
2014: $6,029,454 ($817,302)
2015: $7,034,363 ($7,054,868)
2016: $16,155,000 ($18,540,868)
Even though Wilson now has higher cap hits in 2015 and 2016, the cost of cap space is still heavily favored towards Luck. And that should always be the case once Luck signs his new deal a year or two from now. Also, note before the extension Wilson was slated to make less than $1.6m for his services in 2015.
All this matters because Wilson has been a great bargain and should continue to be a bargain at least compared to Luck.
I recently did an exercise using Pro Football Reference’s Approximate Value comparing KJ Wright ‘s career money and value with newly minted OLBs DeAndre Levy and Lavonte David. It showed David to be a great player at a relatively low cost but it also showed Wright to being the better LBer over the last 4 years at half the cost compared to Levy. What the Seahawks have paid and will pay for Wright in contrast to what the Lion’s have paid and will pay for Levy and likewise with the Bucs and David, Wright looks like a bargain even if just a year ago he signed a contract that made him the 2nd highest 4-3 OLB in the NFL. Continuing on with Luck and Wilson…
AV Comparison Luck (Wilson)
2012: 13 (16)
2013: 15 (16)
2014: 16 (19)
Total: 44 (51)
According to Approximate Value, Wilson despite the daily lovefest for Luck has always been more productive (or more valuable) than Luck. Every single year. Comparing that with the cap hits for each player in the last 3 years possibly makes Wilson one of the most bang-for-your-buck players in Sports History let alone NFL History.
In the Wright comparison, I had to figure out how to compare each LBer equally as the more you play or are available to play, the higher your AV accumulates. So I formulated two stats to put all players on the most equal standing: AV per Game and AV per Start. Luck nor Wilson have never missed a game in the last 3 years, so its all the same…
AV per Start between the two:
Luck: 44/48 = .91666
Wilson: 51/48 = 1.0625
From what I could gather of all the big name QBs only 1 QB in the last 3 years had a better AV per Start than Wilson. Aaron Rodgers, of course, with a phenomenal 46 AV in just 41 games/starts or 1.129 AV per Start. A figure that becomes an AV of about 54 over 48 starts. Only +3 over Wilson.
Doing this research, its safe to say that Wilson probably deserves the money he got and for the 3 years he has already put in, he has and always will be a bargain compared to what a lot of the more big name QBs have got or will get especially the nation’s wunderkind in Andrew Luck.
I'm PERSONALLY still not sure if Russell Wilson has achieved that truly elite status just yet as there are certain aspects to his game I like to see him to improve but if Luck is already widely considered elite and amongst the NFL's best QBs. Then Wilson is also elite, #3 just has been the more valuable player of the two.
If you take in cost for production into consideration... Over the last 3 years, Wilson, easily has been the Most Valuable Player in the NFL. That's not a sugarcoat, its a fact.
And on that note, I think its time for me to retire my signature.
In the same year, Wilson signed a 4 year deal worth $2, 996,702. Wilson’s signing bonus was a paltry $619, 400.
Luck’s rookie deal APY was $5.527m.
Wilson’s rookie deal APY was $749,146.
The difference in pay is staggering, and with Luck getting about 14.5m upfront at the time of signing, he could easily invest much of that money right away and get an overall bigger return compared to what Wilson could invest.
Why is this important? Well, Luck is eventually going to become the highest paid QB whether its next year with the Colts tearing up his 5th year option or in 2017 if they don't. Its safe to assume Luck is going to make a higher APY than Wilson and get more guaranteed money than Wilson especially after the River’s contract. Colts have no leverage but to oblige as Luck is already touted as the best young QB in the game and universally considered a top 5 QB by most talking heads, pundits, and analyst alike.
The Yearly Comparison of Known Money Cap Hits between the two young QBs that I would consider more or less equals at this point in their careers is a little eye opening if you haven't seen the numbers side by side.
Year: Luck………….(Wilson)
2012: $4,019,636 ($544,868)
2013: $5,024,545 ($681,085)
2014: $6,029,454 ($817,302)
2015: $7,034,363 ($7,054,868)
2016: $16,155,000 ($18,540,868)
Even though Wilson now has higher cap hits in 2015 and 2016, the cost of cap space is still heavily favored towards Luck. And that should always be the case once Luck signs his new deal a year or two from now. Also, note before the extension Wilson was slated to make less than $1.6m for his services in 2015.
All this matters because Wilson has been a great bargain and should continue to be a bargain at least compared to Luck.
I recently did an exercise using Pro Football Reference’s Approximate Value comparing KJ Wright ‘s career money and value with newly minted OLBs DeAndre Levy and Lavonte David. It showed David to be a great player at a relatively low cost but it also showed Wright to being the better LBer over the last 4 years at half the cost compared to Levy. What the Seahawks have paid and will pay for Wright in contrast to what the Lion’s have paid and will pay for Levy and likewise with the Bucs and David, Wright looks like a bargain even if just a year ago he signed a contract that made him the 2nd highest 4-3 OLB in the NFL. Continuing on with Luck and Wilson…
AV Comparison Luck (Wilson)
2012: 13 (16)
2013: 15 (16)
2014: 16 (19)
Total: 44 (51)
According to Approximate Value, Wilson despite the daily lovefest for Luck has always been more productive (or more valuable) than Luck. Every single year. Comparing that with the cap hits for each player in the last 3 years possibly makes Wilson one of the most bang-for-your-buck players in Sports History let alone NFL History.
In the Wright comparison, I had to figure out how to compare each LBer equally as the more you play or are available to play, the higher your AV accumulates. So I formulated two stats to put all players on the most equal standing: AV per Game and AV per Start. Luck nor Wilson have never missed a game in the last 3 years, so its all the same…
AV per Start between the two:
Luck: 44/48 = .91666
Wilson: 51/48 = 1.0625
From what I could gather of all the big name QBs only 1 QB in the last 3 years had a better AV per Start than Wilson. Aaron Rodgers, of course, with a phenomenal 46 AV in just 41 games/starts or 1.129 AV per Start. A figure that becomes an AV of about 54 over 48 starts. Only +3 over Wilson.
Doing this research, its safe to say that Wilson probably deserves the money he got and for the 3 years he has already put in, he has and always will be a bargain compared to what a lot of the more big name QBs have got or will get especially the nation’s wunderkind in Andrew Luck.
I'm PERSONALLY still not sure if Russell Wilson has achieved that truly elite status just yet as there are certain aspects to his game I like to see him to improve but if Luck is already widely considered elite and amongst the NFL's best QBs. Then Wilson is also elite, #3 just has been the more valuable player of the two.
If you take in cost for production into consideration... Over the last 3 years, Wilson, easily has been the Most Valuable Player in the NFL. That's not a sugarcoat, its a fact.
And on that note, I think its time for me to retire my signature.