Fantasy Football - Footballguys Forums
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
GORE SIGNS 4yr EXTENSION! (1 Viewer)
- Thread starter derek19
- Start date
Chase Stuart
Footballguy
Any word on $$$?
Ron_Mexico
I Love Doggies
Cool.
bostonfred
Footballguy
Good for him for cashing in on his career year.
roughrider
Footballguy
ESPN.com has learned that the 49ers reached agreement with Gore on a four-year contract extension through 2011, with the deal averaging just shy of $7 million in terms of so-called "new money."
Gore will receive an initial signing bonus of $6.5 million and total guarantees of nearly $14 million. The contract will pay Gore $13.862 million in its first two seasons and $18.212 million in the first three years. Because Gore had one season remaining on his original rookie contract, the four-year extension creates a five-year deal, and the total value over the course of the five seasons is $28.012 million.
Base salaries are $450,000 (for 2007), $2.5 million (2008), $2.5 million (2009), $2.85 million (2010) and $2.9 million (2011). The contract includes a $4.165 million option bonuses and roster bonuses of $1.75 million (2009), $1.85 million (2010) and $2 million (2011). Gore's full base salary of $2.5 million in 2009 is guaranteed.
San Francisco officials acknowledged at the end of the 2006 season that, in keeping with their recent initiative to secure their nucleus players for the long-term, they hoped to sign Gore to an extension. Through negotiations with agent Drew Rosenhaus, this deal continues a string of big-money contracts for tailbacks that have been ongoing, and were ratcheted up in recent days.
The deal is unusual in that it comes after Gore has logged only two seasons in the NFL, and after he overcame severe knee and shoulder injuries to emerge as one of the league's premier runners.
Gore, 23, played as the backup to Kevan Barlow as a rookie in 2005, then won the starting job in training camp last summer. Starting in all 16 games, he carried 312 times for 1,695 yards and eight touchdowns. In two seasons, he has 2,303 yards and 11 scores on 439 carries, appearing in 30 games, with 17 starts.
Gore will receive an initial signing bonus of $6.5 million and total guarantees of nearly $14 million. The contract will pay Gore $13.862 million in its first two seasons and $18.212 million in the first three years. Because Gore had one season remaining on his original rookie contract, the four-year extension creates a five-year deal, and the total value over the course of the five seasons is $28.012 million.
Base salaries are $450,000 (for 2007), $2.5 million (2008), $2.5 million (2009), $2.85 million (2010) and $2.9 million (2011). The contract includes a $4.165 million option bonuses and roster bonuses of $1.75 million (2009), $1.85 million (2010) and $2 million (2011). Gore's full base salary of $2.5 million in 2009 is guaranteed.
San Francisco officials acknowledged at the end of the 2006 season that, in keeping with their recent initiative to secure their nucleus players for the long-term, they hoped to sign Gore to an extension. Through negotiations with agent Drew Rosenhaus, this deal continues a string of big-money contracts for tailbacks that have been ongoing, and were ratcheted up in recent days.
The deal is unusual in that it comes after Gore has logged only two seasons in the NFL, and after he overcame severe knee and shoulder injuries to emerge as one of the league's premier runners.
Gore, 23, played as the backup to Kevan Barlow as a rookie in 2005, then won the starting job in training camp last summer. Starting in all 16 games, he carried 312 times for 1,695 yards and eight touchdowns. In two seasons, he has 2,303 yards and 11 scores on 439 carries, appearing in 30 games, with 17 starts.
Chase Stuart
Footballguy
That's not a very impressive deal for Rosenhaus.
twistd
Footballguy
Wow, it isn't as much money as they were asking for, but it is way more than they should of paid, considering his injury history. But it is a complex deal. They are saying a guarantee of $14 million. The first three years pay $18 million. So he is getting about $6 million a year for the first three years. All I can say is that it is risky considering his injury history. He has the potential to be a terrific player, if he can stay healthy. I wonder how this is structured to protect the team if his knees blow up again.
I think that is a very solid deal for the 49ers. Gore really was special last year. He also is a high character guy. I'm sure Nolan loves him & they have him locked up in a cap friendly contract for the rest of his prime years (he'll be 29 when he gets out of this contract). There is always the possibility of injury, but even if he goes down, this deal won't cripple the 49ers cap. The 49ers had the $$$ available & didn't want this to get ugly with a guy they obviously plan on building around. As a 49er fan, I love it.
trader jake
Footballguy
I'm all for locking up young players early but Gore's injury history and with the availablity of quality running backs every year...I'm not sure I would have given Gore a long-term deal after just two seasons.
jeter23
Footballguy
coolnerd
Footballguy
The key is 13 million in guaranteed money and the fact the non-guaranteed money is reasonable enough for Gore to actually earn it. There does not look to be one of crazy roster bonuses or high $$$ years that everyone knows the player will never see.
twistd
Footballguy
You may be right about this. However it is really hard to see what the Niners will end up paying if Gore gets hurt. This is a very complex contract. $6 million a year for the first three years is still a lot of money. If Gore plays at the level which he played at in 2006 it will be a great deal.
MrPhoenix
Ron Paul Soldier
Anyone want to create a FBG Fruitbasket for him?
dickey moe
Fingerpicker
Drew RosenhausFan
Footballguy
as if there was any doubt
massraider
Footballguy
Rosenhaus is obnoxious, but his guys are usually signed, and in camp.
FavreCo
Footballguy
Probably 2 more years of him punishing defenses. It will get redone again. This was a great move by both sides.
Seems very low to me. It is substantially less than Derrick Dockery got, for example. But Gore was not in a great negotiating position since he still had two years before becoming an unrestricted free agent.
Last edited by a moderator:
From the player's perspective, crazy roster bonuses and high $$$ years are much better than reasonable numbers.Let's say the way Gore plays in 2007, 2008, and 2009 means that he is reasonably worth $7.5M in 2010.If is contract is for $5M in 2010, he will make $5M. If his contract is for $12M, he will make $7.5M.So a contract for $12M in 2010 is much better than a contract for $5M in 2010.coolnerd said:
If the team could have done a 20-year deal it would have.Once you get beyond the guaranteed money (2009 in Gore's case, apparently), the rest of the contract is really a series of options for the team. If Gore is living up to his contract, he is trapped by it. If he isn't, he can be cut. A longer term contract is good for the team and bad for the player, other things equal. That's why you often see negotiations where the sticking point is that the player wants a three-year deal but the team is offering a six-year deal.In baseball it's different because contracts are guaranteed, so a longer-term contract gives the player more security. Not so in the NFL.trader jake said:
BustedKnuckles
Footballguy
Great news for FRANK''THE TANK''GORE.......and those of us who own him....no hold out`s 
Footballhead
WWPRD?
The way I look at it, it takes all the worries off Gore's shoulder thinking about $$needed to help his mom and his siblings. The kid can now go out and play. Or the 49ers could have waited and franchised him or waited till his knee blows again. I'm happy for the kid. Not the biggest $$ someone like his caliber could hope but now he can go out and play.
Chase Stuart
Footballguy
That's precisely why I think it's a bad deal. Long term deals are often beneficial to the player because contracts are so heavily backloaded. If Gore was being paid $10M/yr in years 4 and 5 of the deal, this would be a much better contract. The team would have to pay him a ton or cut him, which would be good for Gore. As it stands, he'll be undervalued probably every year of his contract, unless he gets hurt.
I think Gore wanted a decent contract now rather than try to go for a huge one down the road--probably because of his injury history and his family responsibilities. A contract like this is best for Gore and his family. Get good guaranteed money now without the risk of further injury. If he gets hurt, his chance to take care of his family is done. It may not be a great contract for him but it is darn good money and he has a chance to see an awful lot of it.In this case, I think Drew did a good job of putting Gore's interests/preferences ahead of the numbers game--he got him a contract quickly and painlessly that will make Gore and his family wealthy. That is what Gore needed and its what he got.
hacman
Footballguy
Some insight from Niners beat writer Matt Maiocco on why this deal made sense for both parties:
49ers, Gore (and, yes, Rosenhaus) handled it perfectly
There was never any question that logic pointed toward the 49ers and Frank Gore agreeing to a long-term extension before the start of the season.
But when agent Drew Rosenhaus told the 49ers his client would not sign unless he became the highest-paid player in the game, it created a little doubt about how smoothly this would happen.
In the end, the right thing was done. The 49ers gave a nice contract to a kid who needed the money. The 49ers also were able to accomplish this deal because they were so diligent with the salary cap the past two years. Gore's new deal is a reported five-year contract worth more than $28 million, according to ESPN.com.
The 49ers could have played hard ball. They essentially had Gore's rights for the next three seasons. But, in the NFL, what goes around comes around. If the 49ers had decided to use their leverage to force Gore to sign a deal below market value, it undoubtedly would have had negative effects in the future with other players.
The organization had already spent nearly $40 million in guaranteed money for the likes of Nate Clements, Michael Lewis, Aubrayo Franklin, Tully Banta-Cain and Ashley Lelie. It was imperative that they take care of their best player - and the player who was most responsible for the team's surprising success in 2006.
* * *
Gore has overcome a lot to get to this point. His was enrolled in special-education classes in English and math during his first two years of high school because of a learning disability. If he had continued on that path, he would not have qualified for college. His high school coach and mother fought for him to be included in the regular classes. Then, Gore had to work extra hours to make up the credit.
When he made it to the University of Miami (Fla.) as a heralded running back, his career never got going because of major injuries to both knees. Of course, there were doubts whether he would ever be able to play at the next level.
All the while, he faced hardships at home. His mother, Liz, was battling kidney disease. She still awaits a transplant.
When he made it to the NFL, a lot of pundits criticized the 49ers for selecting Gore in the third round. Sports Illustrated called Gore the most overrated back in the 2005 draft.
He played the season with torn labrums in both shoulders. He underwent two extensive surgeries in the offseason to correct the problem. Then, he showed enough progress in training camp to allow the 49ers to trade Kevan Barlow to the Jets for a fourth-round draft pick. (Barlow's playing time decreased throughout the season with the Jets; he was released in the offseason and has yet to be signed.)
Last season, Gore started 16 games. It was his first complete season since his senior year of high school. Because of his history of injuries, Gore could not take the risk of playing in another NFL game without getting a new contract.
* * *
Gore was scheduled to make the minimum salary for a third-year player this season. After setting the team's single-season rushing record, he needed to capitalize on his record-setting season and sign a long-term extension to get some guaranteed money.
Fortunately, the 49ers were willing to pay good money for his services. Fortunately, Gore's agent was willing to get the deal accomplished.
Things never got contentious. There was never any threat of a holdout. The 49ers did the right thing, and demonstrated a willingness to reward a player for a job well-done.
In the end, the 49ers and Gore (and, yes, Rosenhaus) handled the situation perfectly.
LINK
49ers, Gore (and, yes, Rosenhaus) handled it perfectly
There was never any question that logic pointed toward the 49ers and Frank Gore agreeing to a long-term extension before the start of the season.
But when agent Drew Rosenhaus told the 49ers his client would not sign unless he became the highest-paid player in the game, it created a little doubt about how smoothly this would happen.
In the end, the right thing was done. The 49ers gave a nice contract to a kid who needed the money. The 49ers also were able to accomplish this deal because they were so diligent with the salary cap the past two years. Gore's new deal is a reported five-year contract worth more than $28 million, according to ESPN.com.
The 49ers could have played hard ball. They essentially had Gore's rights for the next three seasons. But, in the NFL, what goes around comes around. If the 49ers had decided to use their leverage to force Gore to sign a deal below market value, it undoubtedly would have had negative effects in the future with other players.
The organization had already spent nearly $40 million in guaranteed money for the likes of Nate Clements, Michael Lewis, Aubrayo Franklin, Tully Banta-Cain and Ashley Lelie. It was imperative that they take care of their best player - and the player who was most responsible for the team's surprising success in 2006.
* * *
Gore has overcome a lot to get to this point. His was enrolled in special-education classes in English and math during his first two years of high school because of a learning disability. If he had continued on that path, he would not have qualified for college. His high school coach and mother fought for him to be included in the regular classes. Then, Gore had to work extra hours to make up the credit.
When he made it to the University of Miami (Fla.) as a heralded running back, his career never got going because of major injuries to both knees. Of course, there were doubts whether he would ever be able to play at the next level.
All the while, he faced hardships at home. His mother, Liz, was battling kidney disease. She still awaits a transplant.
When he made it to the NFL, a lot of pundits criticized the 49ers for selecting Gore in the third round. Sports Illustrated called Gore the most overrated back in the 2005 draft.
He played the season with torn labrums in both shoulders. He underwent two extensive surgeries in the offseason to correct the problem. Then, he showed enough progress in training camp to allow the 49ers to trade Kevan Barlow to the Jets for a fourth-round draft pick. (Barlow's playing time decreased throughout the season with the Jets; he was released in the offseason and has yet to be signed.)
Last season, Gore started 16 games. It was his first complete season since his senior year of high school. Because of his history of injuries, Gore could not take the risk of playing in another NFL game without getting a new contract.
* * *
Gore was scheduled to make the minimum salary for a third-year player this season. After setting the team's single-season rushing record, he needed to capitalize on his record-setting season and sign a long-term extension to get some guaranteed money.
Fortunately, the 49ers were willing to pay good money for his services. Fortunately, Gore's agent was willing to get the deal accomplished.
Things never got contentious. There was never any threat of a holdout. The 49ers did the right thing, and demonstrated a willingness to reward a player for a job well-done.
In the end, the 49ers and Gore (and, yes, Rosenhaus) handled the situation perfectly.
LINK
3nOut
Footballguy
Fixed.
renesauz
IBL Representative
This contract seems more then fair all the way around. If Gore sufferred a career ending injury in the 2007 season, his gaurenteed money would only be what last year was truly worth. If he actually stays healthy, and a top10 caliber RB (reasonable expectation if healthy), the deal is in line. If he stays a top 3-4 back, it's a steal for the niners.
Gore, on the other hand, hedges his bets against a poor injury history, and gets enough gaurenteed money to set him and his family up for life, regardless of what happens on the field.
This is one of the few NFL contracts I've seen lately that really makes good sense for BOTH sides.
KUDOS to Gore for getting what he needed, and deserved. KUDOS to the niners for rewarding him, but not going too far out on a limb for an injury prone RB.
Gore, on the other hand, hedges his bets against a poor injury history, and gets enough gaurenteed money to set him and his family up for life, regardless of what happens on the field.
This is one of the few NFL contracts I've seen lately that really makes good sense for BOTH sides.
KUDOS to Gore for getting what he needed, and deserved. KUDOS to the niners for rewarding him, but not going too far out on a limb for an injury prone RB.
