Spikes deal...any ideas?

[lordofgun]

Any ideas of how much Takeo's contract is worth?

I'm betting he gets a SB of 10-12 mil.

[SoCalBillsFan]

yikes, thats a big bonus. I hope he comes a little cheaper, but you gotta figure its gonna be at least the transition level contract.

[lordofgun]

I figure they have to give him a large bonus so cheapo Mike Brown won't match.

[clumping platelets]

It will need to be front-loaded and guaranteed money also need to be huge.....

I say 7yrs-$40 million(sb 7 milion) but a $4 million roster bonus in 2003 and $2.1million in 2004, so that's actually $13.1 million guaranteed in first 2 yrs

2003: $950,000 million salary + $1 million amortization + $4 million roster=$5.95 million cap hit first year
2004: $1.9 million salary + $1 million amortization + $2.1 million roster=$5 million cap hit

rest of deal isn't really impt......it;s the upfront $$$ that will determine if Cincy matches

Notice: The first year cap hit is only $940,000 more than the franchise tender to Price and still leaves about $6 million available for FA

[Ingtar33]

i argee LOG,

24mil 6years and a 10mil bonus
= 5.67mil per year / 34mil total

[RedEyE]

He's worth it.