Nate Clements was signed yesterday to an 8-year, $80 million contract by the San Francisco 49ers, making him the highest paid defensive player ever.
The deal has made headlines on many sports-media outlets, and the first response of many has been “really?” It is true that an $80 million contract has been signed, but it’s not like Clements will receive all of that money at once…or ever, for that matter.
As previously mentioned on this blog, there is no such thing as a guaranteed contract [Value of Signing Bonuses]. On the other hand, teams may determine a percentage of a contract to involve guaranteed money. In the case of Clements, $22 million of the $80 million contract is guaranteed [Niners make Clements NFL’s highest-paid defender]. $22 million is still nothing to scoff at; however, it must be noted that it is a small percentage of the supposed $80 million that Clements will earn.
Todd France should be praised for the deal that he brokered for his client, though. First, he obtained the largest deal ever for a defender who has never even had a chance to perform in the playoffs or a Pro Bowl. Second, France had enough insight to put a stipulation into last year’s contract with the Buffalo Bills, which only allowed the organization to designate Clements as a franchise player for that year alone (for more on franchise designations: NFL Franchise Tags).
France had to demonstrate that Clements deserved a contract worth more than former highest-paid defender, Champ Bailey. Bailey received a 7-year, $63 million deal from the Broncos in 2004. Todd France should congratulate himself for getting the most value out of his client.
-Darren Heitner
5 replies on “In-Depth Look At The Nate Clements Deal”
This isn’t really so much of an in-depth look as it is, well… umm… a glance?
I always find it hilarious when, in particular, the retardedly unfunny SportsCenter anchors make such a big deal out of the total contract money while rarely stating that it will never be fully paid out.
Jerry Rice signed a RIDICULOUS 6-year deal with the Raiders when he was 59 years old. He was waived after three seasons, only seeing a fraction of the announced contract money.
If the Raiders give Jerry any money when he turns 59, he will be a very lucky man.
[…] In my In-Depth Look At The Nate Clements Deal (oh wait…it was just a glance), I mentioned that while everyone is flabbergasted by the whopping $80 million deal, only $22 million is guaranteed (jeez…I just said only $22 million). That does not mean that all players are only getting 1/4 of their salary guaranteed, however. Take for instance, Adalius Thomas, who just signed a $35 million 5-year contract with New England that has $20 million of it guaranteed! That’s over half of the contract guaranteed (much more security percentage-wise than Clements). […]
[…] impact won’t be seen until next off-season, Clements’ signing had an instant impact [In-Depth Look At The Nate Clements Deal]. As the NFL off-season kicked off, the signing of Clements as the richest defensive player in […]