Why Manning is getting $18 Million

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  • Dozerdog
    In a jar, on a shelf, next to the unopened Miracle Whip.

    Administrator Emeritus
    • Jul 2002
    • 42586

    Why Manning is getting $18 Million

    Some questions were raised here recently wondering how Manning, who was franchised, is gettig $18 million. (and Why Bailey is getting over $7 Million)


    Someone in my office said a local radio station gave this expanation-

    The Franchise tag is worth the top 5 average salaries for that position (we all knew that part), OR the % of the player's salary vs the cap.

    Manning is already making top 5 QB money-and the average could be considered a pay cut. His last year salary was worth 22% of the Colt's total cap. Now that the cap was raised to $80 million, his new franchise tag $$$$ has to be 22% of the cap- or in this case, a whopping $18 million.


    Clump or Eb- can you confirm this?
  • Devin
    The Octagon
    • Apr 2003
    • 23878

    #2
    So in actuality he would likely take a paycut for a long term extension or sign with another team?
    http://gridironjunkies.net/forums/index.php

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    • helmetguy
      Touch the helmet for luck
      • Sep 2002
      • 5949

      #3
      I thought it was the average of the top five salaries for that position, or 120% of the previous year's salary; whichever is the greatest amount.
      Someone said "What's he gonna turn out like?" Ha!
      And someone else said "Never mind!"

      -Deep Purple

      "Have you ever taken a crap so big your pants fit better?"--Ron White

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      • JWatts
        Registered User
        • Jul 2002
        • 60

        #4
        NFL rules require teams to pay a "franchise" player the average of the top five players at the position or 120 percent of the player's salary cap number from the previous year, whichever is higher. Manning counted more than $15 million against the team's salary cap last year.



        Keeping up with the tags

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        • helmetguy
          Touch the helmet for luck
          • Sep 2002
          • 5949

          #5
          Originally posted by JWatts
          NFL rules require teams to pay a "franchise" player the average of the top five players at the position or 120 percent of the player's salary cap number from the previous year, whichever is higher. Manning counted more than $15 million against the team's salary cap last year.



          Keeping up with the tags
          Thanks, JWatts. I knew it had something to do with 120%, but wasn't exactly sure how that applied. I originally caught it scanning the news, but wasn't sure where I saw it. Welcome to the Zone, BTW.
          Someone said "What's he gonna turn out like?" Ha!
          And someone else said "Never mind!"

          -Deep Purple

          "Have you ever taken a crap so big your pants fit better?"--Ron White

          Comment

          • realmendontwearteal
            Blue and Gold perhaps....
            • Dec 2003
            • 1300

            #6
            how big of a contract could manning be getting from indy
            Curt Schilling needs to STFU

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