hawknation2015
New member
rideaducati":2hemd1n5 said:hawknation2015":2hemd1n5 said:rideaducati":2hemd1n5 said:Now, let's use outrageous franchise tag numbers that are more unlikely than not of $25 next year and 120% the following year plus the $1.6 due this year.
$56.6 - insurance and loss of interest on signing bonus ($1.2 million) = $55.4 million
OR
$56.5 + not paying insurance and collecting interest ($1.2 million) = $57.7 million
If this scenario is close to what actually happens, Russell will be chasing $2.3 million into his next contract. On a future 4 year deal he would only have to sign for a meager $22,575,000 per year to catch up to the amount lost by the fourth year.
Like I've been saying all along, it makes no sense for Russell to not sign an extension this season. Signing now gets him to free agency sooner and will give everyone peace of mind on the future. The deal will be done soon.
Now play this hypothetical out through the life of the four-year extension.
If he signs this hypothetical four-year extension for $22 million per year, with a $25 million signing bonus, he would make an average of around $15.75 million in years three and four. However, if he refuses to sign an extension over the next two years, capitalizing on two exclusive franchise tags, he could then sign an enormous deal worth (conservatively) $25 million per year before the 2018 season. With a (conservatively estimated) $30 million signing bonus, his take-home in 2018, when accounting for base salary, would then be at least double what he would have made had he signed that extension. His base pay in 2019 would also be substantially larger than the $15.75 million average under the proposed extension. That's (a conservatively-estimated) $25+ million more over two years that could be extracted by playing hardball.
I don't think there's any doubt that if Russell wants to absolutely maximize his value, without regard for the headaches and cap issues it will create for his team, he could do it by refusing to sign an extension.
Yes he could.
The $25 million signing bonus he would have received THIS year would likely be at or above the worth of a $30 million signing bonus in three years and if he does sign for $25 million/year he would still be chasing lost money into his second season under his new deal. Plus, he would then be two years further from reaching another big payday assuming he stays at or rises above his current level of play.
All of this makes for fun conversation, but I don't think Russell will make it that difficult or take such a big risk for such a small percentage gain.
It's $88 million in four years if he signs the extension at the highest current rate vs. (conservatively estimated) $115+ million over four years if he forces them to use the exclusive tag twice ($25 + $30 million) and then signs a new deal somewhere at the future rate ($25+ million per year with a 30+ million signing bonus).
He could make as much or more in three years under the "hardball" path ($25 million exclusive tag in 2016 + $30 million exclusive tag in 2017 + $30 million signing bonus in 2018 + just $3+ million in base salary in 2018) as he would in four years by signing this extension at the top rate.