Quote:
Originally Posted by Bonded
Exactly. There wasn’t any benevolence on Matthews part. It was to get the bag on his last contract.
|
I think it was more like “hey, the cap was 81.5 million in 19-20. Due to the Covid repayments it has gone up by 2 million in 4 years since then. My gut as your agent now that the Covid repayments will be completed this year is that it will go up by about 4.5 million a year on average over the 4 years of your contract. That would move us from 87.5 million to 105.5 million by the time a 4 year deal is done. After that the increases will decrease as a percentage of the total cap similar to the lower increases from 2014-2020 (12.5 million total over 5 years). Let’s sign a 4 year deal”.
The midpoint for salary has gone from 70.9 million a team to 72.6 million a team since 2019/2020. I am sure the agents are assuming that revenue has increased by more than 0.4% a year over that period of time. They are probably just banking on a big cap in 2029 in the Matthews camp rather than waiting to sign a longterm deal.