Jansen's Future in Doubt?

Just heard Jansen restructered(sp) for 5 or 7 years 23 Mil....the numbers may be a little off but it was on 910 Sports Radio bout 2 hours ago!

HTTR!

Could be old....heres link.

Jansen: Contract Extension (http://www.redskins.com/news/newsDetail.jsp?id=24722)

If they had not extended and they kept him on the roster that was how much he would have been paid. He has already received the bonuses of 1.65 and 1.65. If they had not touched his deal he would have received salary of 4.25 in '07 and 4.75 in '08. Just because he received the bonus in a lump sum up front doesn't mean that the cap number isn't what they are paid.

Wrong. He would have been paid $9 million over the next two years. It's quite simple. What Jansen has been paid in 2006 and years prior is now irrelevant. Those years have come and gone. What matters is what he's going to be paid FROM NOW ON. Was scheduled for $9 million, and instead he'll make $11 million in the next two years.

But if you want, I'll indulge you and factor in what he previously made:

Even if you just want to look at guaranteed money only, this is still a boost. His old contract was a 6 year deal with a $7.5 million signing bonus. He played only 4 years of the contract. So $7.5 million divided by 4, that's $1.875 million per year. This new contract is a 5 year deal with a $10 million bonus, or $2 million per season (and that's IF he plays out the whole contract, which he likely won't).

Or we can evaluate what Jansen made (bonus and salary) in his 4 years under his old contract, and divide by four. He had the $7.5 million bonus, and made another $7 million in base salaries over that time. Total income was $14.5 million, divided by 4 years, that's $3.625 million per season. Under this 5 year extension, total contract value is $23 million over 5 years, or $4.6 million per season. A pay increase. He might never see the last two years of this deal. In that case it would be a 3 year deal, allocating the $10 million signing bonus, that would be $3.3 million per year in bonus alone. Add on vet minimum base salaries on top of that, at $700K each year, that's $4 million per season. Still greater than the $3.625 million he actually collected each season under his old contract.

It's a pay raise no matter how you look at it.

Here's some more contract details from La Canfora:

Bascially, the Skins will end up cutting Jansen's cap figure from what would have been around $5.4 million to about $1.7, but at a steep price. He had two years left on his deal and as it stands they could very well be re-doing this deal again two years from now given Jon's age and the money associated with the contract.

Instead of making $4.25 in base salary in 2007 - all of which counts against the cap - Jon will make the vet. min of around $720,000 in base salary, but he will get $5 million to sign. So for him, isntead of making $4.25 this season, he's getting $5.7, plus, next March he gets a $5 million option bonus. So that's essentially $10.7 mill guaranteed on this 5 year, $22 million deal.

It makes complete sense for Jon to do this deal. For the Skins, I think it is much riskier. He is 31 and has been hurt a lot the last two years. He's a rock and plays through a ton of stuff, and never missed a game in his career before the Achille's tear in 2004, but still, he's getting up there for a guy in the trenches.

The Skins had to create cap room - again - and essentially bank on restructuring 4-10 deals every offseason. It's a strategy that has not worked to this point. But, according to sources, they made a lot of promises to Jon last year when they convinved him to alter his contract, and assured him he would be rewarded for his time here - he is the longest tenured Skin - in the 07 offseason if he played ball with them in 06. To their credit, they were true to their word, something several players have questioned on their way out of Ashburn in recent years.

Also, the Skins are trying to make a point of tying up key guys after letting "core Redskins" leave in recent years. In reality, however, their last contract with Jansen assured a new deal would be needed by 07 or 08. The way their build their cap, they can''t afford to carry too many players with high base salaries in any one season, and in 2007 the numbers get steep on a bunch of guys (Brunell, Portis, Springs, Griff, Marcus, Wynn, Daniels), so reworking deals was imperative.

Snyder is willing to continually front load deals with new bonuses in order to get various cap numbers lower, and that's a noble gesture, but it's also indicative of a team philosophy that lacks much long-term - or mid-term, vision, because they are always trying to buy their way out of one problem or another. And, to this point, it has precluded acquiring sufficient depth, which can loom large.

In the short term, it helps them get under the cap and begins to free up some space to get Dockery re-signed. Other players will look at this deal and likely expect the same treatment, however. It will be very interesting to watch Springs and Brunell in particular. Both of those restructuring efforts could be tricky.

Glad to see LaCanfora was 100% WRONG with his red flags regarding Jansen.

Here's some more contract details from La Canfora:

Bascially, the Skins will end up cutting Jansen's cap figure from what would have been around $5.4 million to about $1.7, but at a steep price. He had two years left on his deal and as it stands they could very well be re-doing this deal again two years from now given Jon's age and the money associated with the contract.

Instead of making $4.25 in base salary in 2007 - all of which counts against the cap - Jon will make the vet. min of around $720,000 in base salary, but he will get $5 million to sign. So for him, isntead of making $4.25 this season, he's getting $5.7, plus, next March he gets a $5 million option bonus. So that's essentially $10.7 mill guaranteed on this 5 year, $22 million deal.

It makes complete sense for Jon to do this deal. For the Skins, I think it is much riskier. He is 31 and has been hurt a lot the last two years. He's a rock and plays through a ton of stuff, and never missed a game in his career before the Achille's tear in 2004, but still, he's getting up there for a guy in the trenches.

The Skins had to create cap room - again - and essentially bank on restructuring 4-10 deals every offseason. It's a strategy that has not worked to this point. But, according to sources, they made a lot of promises to Jon last year when they convinved him to alter his contract, and assured him he would be rewarded for his time here - he is the longest tenured Skin - in the 07 offseason if he played ball with them in 06. To their credit, they were true to their word, something several players have questioned on their way out of Ashburn in recent years.

Also, the Skins are trying to make a point of tying up key guys after letting "core Redskins" leave in recent years. In reality, however, their last contract with Jansen assured a new deal would be needed by 07 or 08. The way their build their cap, they can''t afford to carry too many players with high base salaries in any one season, and in 2007 the numbers get steep on a bunch of guys (Brunell, Portis, Springs, Griff, Marcus, Wynn, Daniels), so reworking deals was imperative.

Snyder is willing to continually front load deals with new bonuses in order to get various cap numbers lower, and that's a noble gesture, but it's also indicative of a team philosophy that lacks much long-term - or mid-term, vision, because they are always trying to buy their way out of one problem or another. And, to this point, it has precluded acquiring sufficient depth, which can loom large.

In the short term, it helps them get under the cap and begins to free up some space to get Dockery re-signed. Other players will look at this deal and likely expect the same treatment, however. It will be very interesting to watch Springs and Brunell in particular. Both of those restructuring efforts could be tricky.

Good stuff from LaCanfora. Our constant need to restructure is driven by the bonuses we hand out to so many players. We've handed out way more in bonus money than most teams, mainly because we sign the most free agents and draft the fewest rookies.

Drafting gives you the opportunity to find cheap talent and keep them on your books for 3, 4, 5 years with very low cap numbers. A more draft-centric approach would be much more cap-friendly. That to me is the root problem. We never have picks available, so we have to solve all of our problems through free agency. And that just digs us deeper into a salary cap hole.

We can continue to dig out of it. But we'd have more long-term cap flexibility if we had a few fewer free agents, and a few more quality draft picks. The Duckett trade was easily the most aggravating. We lost a 3rd round pick in that one (or at least the equivalent of a 3rd rounder) and for what? Hitting on a quality 3rd rounder sure would help our cap situation over the next few years.

Here's some more contract details from La Canfora:

Bascially, the Skins will end up cutting Jansen's cap figure from what would have been around $5.4 million to about $1.7, but at a steep price. He had two years left on his deal and as it stands they could very well be re-doing this deal again two years from now given Jon's age and the money associated with the contract.

Instead of making $4.25 in base salary in 2007 - all of which counts against the cap - Jon will make the vet. min of around $720,000 in base salary, but he will get $5 million to sign. So for him, isntead of making $4.25 this season, he's getting $5.7, plus, next March he gets a $5 million option bonus. So that's essentially $10.7 mill guaranteed on this 5 year, $22 million deal.

It makes complete sense for Jon to do this deal. For the Skins, I think it is much riskier. He is 31 and has been hurt a lot the last two years. He's a rock and plays through a ton of stuff, and never missed a game in his career before the Achille's tear in 2004, but still, he's getting up there for a guy in the trenches.

The Skins had to create cap room - again - and essentially bank on restructuring 4-10 deals every offseason. It's a strategy that has not worked to this point. But, according to sources, they made a lot of promises to Jon last year when they convinved him to alter his contract, and assured him he would be rewarded for his time here - he is the longest tenured Skin - in the 07 offseason if he played ball with them in 06. To their credit, they were true to their word, something several players have questioned on their way out of Ashburn in recent years.

Also, the Skins are trying to make a point of tying up key guys after letting "core Redskins" leave in recent years. In reality, however, their last contract with Jansen assured a new deal would be needed by 07 or 08. The way their build their cap, they can''t afford to carry too many players with high base salaries in any one season, and in 2007 the numbers get steep on a bunch of guys (Brunell, Portis, Springs, Griff, Marcus, Wynn, Daniels), so reworking deals was imperative.

Snyder is willing to continually front load deals with new bonuses in order to get various cap numbers lower, and that's a noble gesture, but it's also indicative of a team philosophy that lacks much long-term - or mid-term, vision, because they are always trying to buy their way out of one problem or another. And, to this point, it has precluded acquiring sufficient depth, which can loom large.

In the short term, it helps them get under the cap and begins to free up some space to get Dockery re-signed. Other players will look at this deal and likely expect the same treatment, however. It will be very interesting to watch Springs and Brunell in particular. Both of those restructuring efforts could be tricky.

Good stuff. Thanks Matty. And thanks to Schneed for "keeping em honest".

The Duckett trade was easily the most aggravating. We lost a 3rd round pick in that one (or at least the equivalent of a 3rd rounder) and for what? Hitting on a quality 3rd rounder sure would help our cap situation over the next few years.

Although I understand the trade, in hindsight it does suck especially when you think that guys like Dockery and Cooley were 3rd rounders. It would be nice to have a lot more Dockerys and Cooleys on the team.

Good stuff from LaCanfora. Our constant need to restructure is driven by the bonuses we hand out to so many players. We've handed out way more in bonus money than most teams, mainly because we sign the most free agents and draft the fewest rookies.

Drafting gives you the opportunity to find cheap talent and keep them on your books for 3, 4, 5 years with very low cap numbers. A more draft-centric approach would be much more cap-friendly. That to me is the root problem. We never have picks available, so we have to solve all of our problems through free agency. And that just digs us deeper into a salary cap hole.

We can continue to dig out of it. But we'd have more long-term cap flexibility if we had a few fewer free agents, and a few more quality draft picks. The Duckett trade was easily the most aggravating. We lost a 3rd round pick in that one (or at least the equivalent of a 3rd rounder) and for what? Hitting on a quality 3rd rounder sure would help our cap situation over the next few years.The worst part about it is, our college scouting department seems to know what they are doing. I'd bet that with more picks, and increased responsibility, they would pick their fair share of busts like any team would, but so far we have been pretty accurate when we lock into a guy. Sean Taylor, Carlos Rogers, Jason Campbell, Chris Cooley, Kedric Golston, not to mention our UDFA record consisting of Antonio Pierce, and Lemar Marshall among others.

Just keep a few more picks guys.

Anyone notice on CNNSI's website...it reports Jansen as a DT? haha!