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Vikes Sign Hutchinson to Offer Sheet (1 Viewer)

No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Sounds like that is the truth, but I have to give kudos to the Vikings for actually making the move...he's either theirs or he remains a Seahawk. At least they aren't sitting on their hands.
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Got a link?
 
As a Lions fan I can say that I am very impressed with what the Vikes are doing so far. With a division wide open they are the only team being aggressive. If they end up with Hutch, no relation, they will have to be the favorites to win the north regardless of who is under center.

1,650+ rushing yards next season
Yep....750 for Chester

550 for MM

350 for Faison

:P

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
This is incorrect. The Seahawks have plenty of room and will be able to sign Hutchinson without redoing anything. Where did you get that from? Guessing? They have Hutch's 6.1 already against the cap. So they have that plus about 17 million. What's the cap hit on Hutchinson in year one? The Seahawks can match bt I actually hope they do not. That is too much even for football's best guard.
I don't believe it works like that. The vikes didn't get any money back toward the cap when they lifted Williams tag. So I think you are wrong there.
The transition money is already counted against the cap. Williams money would have gone from a franchise to a transitional and that money is currently counted against the cap because it is a carryover salary. But this also depends on the source which varies.From what I see the Vikings have less than the Seahawks in total cap space after the Taylor signing. If the Vikings sign Hutch they will have around 12 mill left for 2006 while if the Seahawks signed him they would have more than 13. But I don't work for the NFL and we take what we can get as far as information. This is what I know based on testimonials, articles, news, etc. This is not 8th grade Algebra by any means but I believe I'm 80-95 percent right.
Say what? Williams contract expired. He was given a transition tag same as hutchinson. He was not franchised. The vikes then lifted the transitional tag. So explain to me how the Vikes didn't regain the amount of a 10 ten CB in cap space? It doesn't work like that. If it does, please find the NFL rules and show it to me. I tried looking for it, given what has been "assumed" by seahawks fans.
 
As a Lions fan I can say that I am very impressed with what the Vikes are doing so far. With a division wide open they are the only team being aggressive. If they end up with Hutch, no relation, they will have to be the favorites to win the north regardless of who is under center.

1,650+ rushing yards next season
Yep....750 for Chester

550 for MM

350 for Faison

:P
Sadly for FF that's not far off.
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Even so, any other team can make an offer and now they know what the Seahawks are willing to pay.
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Even so, any other team can make an offer and now they know what the Seahawks are willing to pay.
:no:
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Even so, any other team can make an offer and now they know what the Seahawks are willing to pay.
:no:
What are you saying, only one team is allowed to make an offer?
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Even so, any other team can make an offer and now they know what the Seahawks are willing to pay.
:no:
What are you saying, only one team is allowed to make an offer?
No, any number of teams can make offers, but Hutchinson can only sign one of them.It's not open season all year long on his services.

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Even so, any other team can make an offer and now they know what the Seahawks are willing to pay.
:no:
What are you saying, only one team is allowed to make an offer?
no, there won't be any other teams "uping" the ante. It is either MN or Seattle. Either Seattle matches or he goes to MN. An offer sheet is an conditional contract where the team signing the contract is the only condition.
 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
This is incorrect. The Seahawks have plenty of room and will be able to sign Hutchinson without redoing anything. Where did you get that from? Guessing? They have Hutch's 6.1 already against the cap. So they have that plus about 17 million. What's the cap hit on Hutchinson in year one? The Seahawks can match bt I actually hope they do not. That is too much even for football's best guard.
I don't believe it works like that. The vikes didn't get any money back toward the cap when they lifted Williams tag. So I think you are wrong there.
The transition money is already counted against the cap. Williams money would have gone from a franchise to a transitional and that money is currently counted against the cap because it is a carryover salary. But this also depends on the source which varies.From what I see the Vikings have less than the Seahawks in total cap space after the Taylor signing. If the Vikings sign Hutch they will have around 12 mill left for 2006 while if the Seahawks signed him they would have more than 13. But I don't work for the NFL and we take what we can get as far as information. This is what I know based on testimonials, articles, news, etc. This is not 8th grade Algebra by any means but I believe I'm 80-95 percent right.
Say what? Williams contract expired. He was given a transition tag same as hutchinson. He was not franchised. The vikes then lifted the transitional tag. So explain to me how the Vikes didn't regain the amount of a 10 ten CB in cap space? It doesn't work like that. If it does, please find the NFL rules and show it to me. I tried looking for it, given what has been "assumed" by seahawks fans.
Additionally, please show me even one quote anywhere of "hutchinson" or any other transioned teamed player not being signed resulting in an "increase" to that teams cap. You won't find it.
 
Before Alexander, I think they were $20 million under the cap. Even so, i think it will be almost impossible for the'hawks to match the offer sheet, unless they managed to restructure a few contracts.
If the contract includes roster bonuses that will hit the cap this year and are not spread out over the contract like a signing bonus (which is how it sounds) , then even if the 'Hawks could match it, they probably won't do so since it would hamper the ability to sign anyone else. Unless they know that there is no way to replace Hutch, in which case the rest of FA doesn't matter.
There's always the option of accepting it and trying to get Hutchinson to renegotiate the roster bonus into a signing bonus. Not sure if he's interested in doing that and simply wants to go in Minny.
Correct me if i'm wrong, which is very possible, but the purpose of the offer sheet is to act as a contract. If Seattle want's to match the offer, don't thay have to do just that? Match the offer exactly as it was structured? That would prevent any "renegotiating" of the roster bonus or signing bonus.Either way, it doesn't do that much for me unless they get a QB...Brad's a great guy, but at 38, he's got virtually nothing letf in the tank. C-Pep has poisioned the well so he's not a viable option, and they appear to have no interest in Brees...Doesn't make any sense to me.

They sign a kicker, lose a quality CB, sign an injured back-up linebacker, and overpay for an guard. The only thing that I really like that they did was to re-sign Koren Robinson. They better have something else in mind, or it's not too esciting to me.
They could match the offer, but they would then be able to try and renegotiate the contract to reduce the roster bonus that the Vikings would be offering before the date the roster bonus is to be paid. Is it possible that the contract stats that the roster bonus is paid as soon as the contract is signed? At that point I wouldn't think that they could renegotiate it.Have we seen what the actaul cap number for this season is? I gotta believe it's upwards of 13-15 million.

 
If there is to be any credibility to this thread, a quote of Clayton's piece would be really helpful.
Yeah, I'm looking all over the place for a link to what they are even talking about.
 
1) Not only does Seattle have enough cap room, but if they match they will have around 6-9 million left.

2) Ruskell and Reinfeldt are not dumb enough to save 600,000 in cap room to transition tag Hutch, instead of frachise tagging him. The FO knew that a team would try and steal Hutch away, this isn't a surprise to them.

3) Although the 1st year is ridiculous, the rest of the deal is fine.

Please do not say that the Hawks can't match it, because they can match it easily if they wish.

 
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1) Not only does Seattle have enough cap room, but if they match they will have around 6-9 million left.

2) Ruskell and Reinfeldt are not dumb enough to save 600,000 in cap room to transition tag Hutch, instead of frachise tagging him. The FO knew that a team would try and steal Hutch away, this isn't a surprise to them.

3) Although the 1st year is ridiculous, the rest of the deal is fine.

Please do not say that the Hawks can't match it, because they can match it easily if they wish.
Please give me a quote stating that Hutch's tender counts against the cap. Should be reports saying if not tagged the cap will be X, if tagged it will be Y. There should be a history of this kind of reporting on any tagged player. I haven't found it.

Also someone referenced reading clayton. NOthing on ESPN from Clayton at the moment.

 
1) Not only does Seattle have enough cap room, but if they match they will have around 6-9 million left.

2) Ruskell and Reinfeldt are not dumb enough to save 600,000 in cap room to transition tag Hutch, instead of frachise tagging him. The FO knew that a team would try and steal Hutch away, this isn't a surprise to them.

3) Although the 1st year is ridiculous, the rest of the deal is fine.

Please do not say that the Hawks can't match it, because they can match it easily if they wish.
Please give me a quote stating that Hutch's tender counts against the cap. Should be reports saying if not tagged the cap will be X, if tagged it will be Y. There should be a history of this kind of reporting on any tagged player. I haven't found it.

Also someone referenced reading clayton. NOthing on ESPN from Clayton at the moment.
All tagged tenders count against the cap. The tender is at the average of of the Top 10 in that position. Its like that for the franchise tag, and for the transition tag. Do you really think you just get to tag a player with no cap ramfications??The hawks had about 17 million in cap space WITH hutch's tag counting in that. Add another 7 million for the contract and the Hawks have about 9 million in cap space left. Add in the rookie pool into that and they are at bout 5-6 million. The Hawks have tons of cap space if they want to match this offer.

Once a player is tendered, that average counts against the cap. I do not have a link to that information, but can tell you it is true.

 
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1) Not only does Seattle have enough cap room, but if they match they will have around 6-9 million left.

2)  Ruskell and Reinfeldt are not dumb enough to save 600,000 in cap room to transition tag Hutch, instead of frachise tagging him.  The FO knew that a team would try and steal Hutch away, this isn't  a surprise to them.

3)  Although the 1st year is ridiculous, the rest of the deal is fine. 

Please do not say that the Hawks can't match it, because they can match it easily if they wish.
Please give me a quote stating that Hutch's tender counts against the cap. Should be reports saying if not tagged the cap will be X, if tagged it will be Y. There should be a history of this kind of reporting on any tagged player. I haven't found it.

Also someone referenced reading clayton. NOthing on ESPN from Clayton at the moment.
All tagged tenders count against the cap. The tender is at the average of of the Top 10 in that position. Its like that for the franchise tag, and for the transition tag. Do you really think you just get to tag a player with no cap ramfications??The hawks had about 17 million in cap space WITH hutch's tag counting in that. Add another 7 million for the contract and the Hawks have about 9 million in cap space left. Add in the rookie pool into that and they are at bout 5-6 million. The Hawks have tons of cap space if they want to match this offer.

Once a player is tendered, that average counts against the cap. I do not have a link to that information, but can tell you it is true.
I am asking for quotes or anywhere it is showing a "cap gain" if they let the player go. I haven't seen it from what I have looked so far. Also any reference to this in the NFL rules would be helpful. I just cannot find it, if that is the way things are, no biggie, but I cannot find any evidence of it.
 
Unless they know that there is no way to replace Hutch, in which case the rest of FA doesn't matter.
I can't think of any FA's available that would offset losing Hutchinson.
Abraham, the Guard from Georgia, and a WR. I say let him go.
Who is the best WR available? Antonio Bryant? And Abraham is so expensive they won't save much $ signing him instead. Considering how many teams are looking for help at WR and Bryant is the only viable cantidate left the Abraham/Bryant combo could end up costing more but not helping the team nearly as much as just re-signing Hutchinson imo. As Alexander goes, so go the Seahawks.
 
Yes, the Hawks have the cap space to match this offer.

But... they do have a lot of other free agents and this would slightly hamper their ability to retain all of those players.

 
Heres the only link I found talking about the cap space.

link

It does sound like Seattle can match but it would hurt the rest of there signings.

Explain this though. I would think Seattle would have to make a better offer. Or does the player get to choose where he plays if his old team matches. Or does the old team have rights to that player as long as they match??

 
To my best recollection, the transition and franchise tag salaries don't count against the cap until the player actually signs the tender. The money is not just deducted from the salary cap just because a player is franchised or transitioned by a team, they still need a contract with the players signature on it before it's official.

 
To my best recollection, the transition and franchise tag salaries don't count against the cap until the player actually signs the tender. The money is not just deducted from the salary cap just because a player is franchised or transitioned by a team, they still need a contract with the players signature on it before it's official.
Hutchinson is already counting $6.391 million against Seattle’s cap after the Seahawks named him their transition player, which allows them to match offers he receives in free agency.

The difference between the current $6.391 million charge and the proposed $8.585 million cap hit is less than $2.2 million.
Full articleThe problem with this whole conversation is that the Seahawks fans are quoting numbers that assume Hutchinson's transition tag while the others are asking if that money is counted. The salary cap space and numbers we all see in all the places we see them vary based on a multitude of factors. The one ESPN has may not include Hutch's salary while the one on a Seahawks forum figured by an insider does.

This applies to all the teams. These numbers are held tight to the vest for one, and for another there are not too many people that even work in the NFL that truly understand what certain number include or exclude. I was never trying to tell Vikings fans that they were wrong or I was right and I think we all just need to see what the people closer to this are saying. It's strange sometimes on this forums because we get combative when our teams are involved in a transaction like this but in fact this is just not something to win or lose until the case is closed.

There are a few more articles like this out there but the fact is no one really knows the perplexities of this issue. I certainly think the Vikings are testing the market and the Seahawks here but it is still wihin the Seahawks power to match this deal. I certainly do not know how this will turn out but see positives for both teams either way this thing goes and compliment the Vikings for making thius move. I would say however, paybacks are a #####.

 
Seahawks | More about Hutchinson's offer

Mon, 13 Mar 2006 06:14:53 -0800

Mike Sando, of the Tacoma News Tribune, reports the offer sheet signed by Seattle Seahawks OG Steve Hutchinson with the Minnesota Vikings reportedly included a $10 million signing bonus, a $6 million roster bonus payable this year and a $585,000 base salary in 2006. That would translate to $8.585 million in salary cap charges this year, a high number but not a prohibitive one. Hutchinson is already counting $6.391 million against Seattle's cap after the Seahawks named him their transition player, which allows them to match offers he receives in free agency. Under those terms, the Seahawks could match the Vikings' offer and still have roughly $16 million in salary cap room, plenty to re-sign their own free agents and pursue others on the market. There were reports, however, that the Vikings' offer might carry a first-year cap charge of $13 million. That would be the figure if Hutchinson's 2006 base salary were $5.85 million instead of $585,000.

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Nice Try. NO THEY WON'T!!!!!!!!!!!!!

HUTCHINSON OFFER HAS MAJOR POISON PILL

A league source tells us that the offer sheet signed by Seahawks guard Steve Hutchinson with the Minnesota Vikings contains a poison pill of unprecedented magnitude and significance, which is aimed at preventing Seattle from exercising its right to match the deal, pursuant to the rules applicable to transition players.

Apart from a 2006 cap number that exceeds $13 million, the offer sheet contains a provision that makes the entire deal guaranteed if Hutchinson at any point becomes anything other than the highest paid player on the team.

From Seattle's perspective, that's a big problem, in light of the Walter Jones contract. If the Seahawks match, Hutchinson's deal could indeed become fully guaranteed from day one.

The Seahawks could attempt to match the offer and exclude the poison pill provision, taking the position that it is not a "Principal Term" of the deal. Under Article XX, Section 5 of the CBA, only the "Principal Terms" must be matched.

So what are "Principle Terms"? Under Article XIX, Section 3(e)(ii) of the CBA, "Principle Terms" include "[a]ny modifications of and additions to the terms contained in the NFL Player Contract . . . that relate to non-compensation terms (including guarantees, no-cut, and no-trade provisions)." Applying the language literally, the poison pill "relates to" a guarantee because it sets forth a specific circumstance in which the specified compensation will become guaranteed.

There's a chance that the Seahawks will attempt to fashion an argument that the trigger for the guarantee violates the spirit of the CBA by placing an artificial limit on the money that can be paid to other players. But, in reality, it doesn't -- it merely provides the player who ultimately is not the highest paid player a guaranteed contract.

Though the issue ultimately might land before an arbitrator or a special master, we think that the Vikings will prevail on this one.

We're also told that the Seahawks are livid at Hutchinson and agent Tom Condon with this development. It's one thing, as they see it, for a guy to get the best offer he can on the open market. It's another thing to huddle with the new team in an effort to come up with an offer that the Seahawks can't or won't be able to match.

 
Latest from PFT:

[never mind, Raskell beat me to it]

If this is true, what a coup by the Vikings. The ink isn't even dry on the new CBA and teams are already finding loopholes.

 
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No way the Hawks match it now. Not only is it too much money for a guard, it will be guaranteed dough since Alexander already makes more $ than Hutch. Basically, you are guaranteeing Hutrch $49 million if you match. No one is THAT crazy. The downside for the Vikings is that it will limit their ability to sign other high profile free agents. Not sure if I like this as a Vikes fan.

 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.

But what I don't understand is how that wouldn't affect the the Vikings. Isn't Culpepper's contract like $100M? And unlike PFT, I don't think the clause would be upheld. Even if it was upheld and the Vikings "won" Hutchinson, I would have to think that this would hinder them immensely signing FAs in the future.

ETA: Soundly beaten to the punch.

 
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No way the Hawks match it now. Not only is it too much money for a guard, it will be guaranteed dough since Alexander already makes more $ than Hutch. Basically, you are guaranteeing Hutrch $49 million if you match. No one is THAT crazy. The downside for the Vikings is that it will limit their ability to sign other high profile free agents. Not sure if I like this as a Vikes fan.
They still have enough to sign a safety (Jackson or Demps). Not much left after that unless you were hoping for Brees or Arrington.
 
They still have enough to sign a safety (Jackson or Demps). Not much left after that unless you were hoping for Brees or Arrington.
I don't understand why they'e looking to sign a safety when they have Sharper and just re-signed Offord. Unless they don't have that much confidence in Offord.
 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL

 
From Clayton:

LINK

Seahawks in no position to lose Hutchinson: Even if the cap number is $13 million on Seahawks guard Steve Hutchinson's $49 million offer sheet, Seattle has no choice but to match it. He's one of their best players.

Two arguments will come up in the first few days of thinking, but only a mistake by Seattle would cause it to let Hutchinson go for no compensation. First, the Seahawks have $17 million of cap room and Hutchinson is already on the books for $6.3 million because of the transition tag. They can make up the $7 million cap difference by restructuring a couple of contracts.

Second, the Seahawks can argue $7 million a year is too much for a guard. That's a bogus argument. While it's true that $7 million is a lot for that position, the only reason he will make $7 million is because the Seahawks screwed up by putting a transition tag on him, letting the Vikings negotiate the contract. Hutchinson would have made $1 million less if he negotiated from a franchise tag. As one of their best players, they can't let him go. Don't compound a mistake by making another, particularly when you can manipulate the cap with $17 million of room and five-year proration of contracts.
 
Apart from a 2006 cap number that exceeds $13 million, the offer sheet contains a provision that makes the entire deal guaranteed if Hutchinson at any point becomes anything other than the highest paid player on the team.

From Seattle's perspective, that's a big problem, in light of the Walter Jones contract. If the Seahawks match, Hutchinson's deal could indeed become fully guaranteed from day one.
Is it possible that the contract states the highest paid OFFENSIVE LINE player on the team? That would in effect do the same thing regarding Seattle's ability to resign him, while not tying Minnesota's hands regarding other FAs. Just speculating based on the above bolded statement about Jones - wouldn't Alexander be used as an example if it was any player on the team?
 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
 
Apart from a 2006 cap number that exceeds $13 million, the offer sheet contains a provision that makes the entire deal guaranteed if Hutchinson at any point becomes anything other than the highest paid player on the team.

From Seattle's perspective, that's a big problem, in light of the Walter Jones contract. If the Seahawks match, Hutchinson's deal could indeed become fully guaranteed from day one.
Is it possible that the contract states the highest paid OFFENSIVE LINE player on the team? That would in effect do the same thing regarding Seattle's ability to resign him, while not tying Minnesota's hands regarding other FAs. Just speculating based on the above bolded statement about Jones - wouldn't Alexander be used as an example if it was any player on the team?
I could see that. But I think that any extra stipulations attached to the clause will just make it more likely that it wouldn't be upheld.
 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
I would guess that the deal only takes the actaul salary into account.Culpeppers deal, while massive, is largly due to performance bonuses. His actaul salary is not very much and was a great contract for the Vikings. If it were not such a Vikings friendly contract I'm sure Wilf would have thought a little harder about rewriting the deal to just give him that extra $6 million bonus this week.

I was not aware that NFL contracts could ever be guaranteed?

 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
I would guess that the deal only takes the actaul salary into account.Culpeppers deal, while massive, is largly due to performance bonuses. His actaul salary is not very much and was a great contract for the Vikings. If it were not such a Vikings friendly contract I'm sure Wilf would have thought a little harder about rewriting the deal to just give him that extra $6 million bonus this week.

I was not aware that NFL contracts could ever be guaranteed?
Well isn't Hutch's salary for 2005 only $585,000. How is that the highest paid on the team? And if its total salary of the contract, you think its higher than C-Pep's??

2006 2000000.00

2007 5500000.00

2008 6000000.00

2009 6000000.00

2010 7000000.00

2011 8000000.00

2012 9000000.00

2013 10000000.00

 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
I would guess that the deal only takes the actaul salary into account.Culpeppers deal, while massive, is largly due to performance bonuses. His actaul salary is not very much and was a great contract for the Vikings. If it were not such a Vikings friendly contract I'm sure Wilf would have thought a little harder about rewriting the deal to just give him that extra $6 million bonus this week.

I was not aware that NFL contracts could ever be guaranteed?
Well isn't Hutch's salary for 2005 only $585,000. How is that the highest paid on the team? And if its total salary of the contract, you think its higher than C-Pep's??

2006 2000000.00

2007 5500000.00

2008 6000000.00

2009 6000000.00

2010 7000000.00

2011 8000000.00

2012 9000000.00

2013 10000000.00
If he's got a 13 million cap hit this year then his salary is 5.85 million not 585,000. Unfortunatly we have see conflicting reports on that part. I am inlclined to believe that the 13 million hit is the truth...were it only the 8 or whatever the Vikings would have to know that the Hawks would match.
 
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There is always the possibility the Vikings don't mind guaranteeing the contract either, in exchange for his services. That they expect this clause to be invoked at some point during his contract.

I haven't seen anything that says an NFL player's contract can't be guaranteed, just that most are not.

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks.  It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Nice Try. NO THEY WON'T!!!!!!!!!!!!!HUTCHINSON OFFER HAS MAJOR POISON PILL

A league source tells us that the offer sheet signed by Seahawks guard Steve Hutchinson with the Minnesota Vikings contains a poison pill of unprecedented magnitude and significance, which is aimed at preventing Seattle from exercising its right to match the deal, pursuant to the rules applicable to transition players.

Apart from a 2006 cap number that exceeds $13 million, the offer sheet contains a provision that makes the entire deal guaranteed if Hutchinson at any point becomes anything other than the highest paid player on the team.

From Seattle's perspective, that's a big problem, in light of the Walter Jones contract. If the Seahawks match, Hutchinson's deal could indeed become fully guaranteed from day one.

The Seahawks could attempt to match the offer and exclude the poison pill provision, taking the position that it is not a "Principal Term" of the deal. Under Article XX, Section 5 of the CBA, only the "Principal Terms" must be matched.

So what are "Principle Terms"? Under Article XIX, Section 3(e)(ii) of the CBA, "Principle Terms" include "[a]ny modifications of and additions to the terms contained in the NFL Player Contract . . . that relate to non-compensation terms (including guarantees, no-cut, and no-trade provisions)." Applying the language literally, the poison pill "relates to" a guarantee because it sets forth a specific circumstance in which the specified compensation will become guaranteed.

There's a chance that the Seahawks will attempt to fashion an argument that the trigger for the guarantee violates the spirit of the CBA by placing an artificial limit on the money that can be paid to other players. But, in reality, it doesn't -- it merely provides the player who ultimately is not the highest paid player a guaranteed contract.

Though the issue ultimately might land before an arbitrator or a special master, we think that the Vikings will prevail on this one.

We're also told that the Seahawks are livid at Hutchinson and agent Tom Condon with this development. It's one thing, as they see it, for a guy to get the best offer he can on the open market. It's another thing to huddle with the new team in an effort to come up with an offer that the Seahawks can't or won't be able to match.
This is interesting but I'd like to see another source before commenting.
 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
I would guess that the deal only takes the actaul salary into account.Culpeppers deal, while massive, is largly due to performance bonuses. His actaul salary is not very much and was a great contract for the Vikings. If it were not such a Vikings friendly contract I'm sure Wilf would have thought a little harder about rewriting the deal to just give him that extra $6 million bonus this week.

I was not aware that NFL contracts could ever be guaranteed?
Well isn't Hutch's salary for 2005 only $585,000. How is that the highest paid on the team? And if its total salary of the contract, you think its higher than C-Pep's??

2006 2000000.00

2007 5500000.00

2008 6000000.00

2009 6000000.00

2010 7000000.00

2011 8000000.00

2012 9000000.00

2013 10000000.00
If he's got a 13 million cap hit this year then his salary is 5.85 million not 585,000. Unfortunatly we have see conflicting reports on that part. I am inlclined to believe that the 13 million hit is the truth...were it only the 8 or whatever the Vikings would have to know that the Hawks would match.
Seahawks | More about Hutchinson's offer

Mon, 13 Mar 2006 06:14:53 -0800

Mike Sando, of the Tacoma News Tribune, reports the offer sheet signed by Seattle Seahawks OG Steve Hutchinson with the Minnesota Vikings reportedly included a $10 million signing bonus, a $6 million roster bonus payable this year and a $585,000 base salary in 2006. That would translate to $8.585 million in salary cap charges this year, a high number but not a prohibitive one. Hutchinson is already counting $6.391 million against Seattle's cap after the Seahawks named him their transition player, which allows them to match offers he receives in free agency. Under those terms, the Seahawks could match the Vikings' offer and still have roughly $16 million in salary cap room, plenty to re-sign their own free agents and pursue others on the market. There were reports, however, that the Vikings' offer might carry a first-year cap charge of $13 million. That would be the figure if Hutchinson's 2006 base salary were $5.85 million instead of $585,000.
There are conlicting reports, but Seattle can match either one.I am discussing the clause that the Vikes supposedly have. It doesn't make sense to me and have heard nothing other that PFT reporting it.

 
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No way the Hawks match it now. Not only is it too much money for a guard, it will be guaranteed dough since Alexander already makes more $ than Hutch. Basically, you are guaranteeing Hutrch $49 million if you match. No one is THAT crazy. The downside for the Vikings is that it will limit their ability to sign other high profile free agents. Not sure if I like this as a Vikes fan.
I'm no capologist so I'm wondering what are the ramifications of guarantying the entire contract? Obviously if his leg falls off you've made a huge financial blunder but if the whole thing immediately becomes guarateed due to Shaun Alexander's existing contract does the huge guaranteed amount impact this year's cap?
 
If that clause is for real, the Hawks can't match it.

It also means that the Vikes would really only be renting Hutch for two seasons.

Because when it comes time for KWill and McKinnie to get re-signed, the Vikes would cut Hutch rather than guarantee the rest of his contract.

 
If that clause is for real, the Hawks can't match it.
Why couldn't the Hawks just restructure Alexander's contract so that he would still get the same amount, but not in his salary?? The Hawks have 7 days to work things out, so thats not out of the question by any means.
 
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If that clause is for real, the Hawks can't match it.

It also means that the Vikes would really only be renting Hutch for two seasons.

Because when it comes time for KWill and McKinnie to get re-signed, the Vikes would cut Hutch rather than guarantee the rest of his contract.
I think McKinnie can become a FA after this year. His contract was initially for 7 years, but had a voidable clause after 5 years, IIRC.
 
PFT is reporting that there is a major poison pill in the offer the Vikings made to Hutchinson. Apparently there is a clause that will automatically guarantee the contract if Hutchinson is not the highest paid player on the team. This would kill the Seahawks since Walter Jones has a larger contract and would instantly guarantee the entire contract if they matched.
That sounds like the dumbest thing I have heard. Is it just for this year, or is it throughout his whole contract?If its just for this year, then that isn't a problem, if its for the entire contract, then you are saying that Minny's highest paid player for the next 7 years will be a Guard? LOL
PFT made it sound as if it would guarantee the contract throughout the life of the contract. But again, I'm not sure how this could possibly work in favor of the Vikings since Daunte Culpepper's contract is certainly larger than the one they offered Hutchinson.
I would guess that the deal only takes the actaul salary into account.Culpeppers deal, while massive, is largly due to performance bonuses. His actaul salary is not very much and was a great contract for the Vikings. If it were not such a Vikings friendly contract I'm sure Wilf would have thought a little harder about rewriting the deal to just give him that extra $6 million bonus this week.

I was not aware that NFL contracts could ever be guaranteed?
Well isn't Hutch's salary for 2005 only $585,000. How is that the highest paid on the team? And if its total salary of the contract, you think its higher than C-Pep's??

2006 2000000.00

2007 5500000.00

2008 6000000.00

2009 6000000.00

2010 7000000.00

2011 8000000.00

2012 9000000.00

2013 10000000.00
If he's got a 13 million cap hit this year then his salary is 5.85 million not 585,000. Unfortunatly we have see conflicting reports on that part. I am inlclined to believe that the 13 million hit is the truth...were it only the 8 or whatever the Vikings would have to know that the Hawks would match.
Seahawks | More about Hutchinson's offer

Mon, 13 Mar 2006 06:14:53 -0800

Mike Sando, of the Tacoma News Tribune, reports the offer sheet signed by Seattle Seahawks OG Steve Hutchinson with the Minnesota Vikings reportedly included a $10 million signing bonus, a $6 million roster bonus payable this year and a $585,000 base salary in 2006. That would translate to $8.585 million in salary cap charges this year, a high number but not a prohibitive one. Hutchinson is already counting $6.391 million against Seattle's cap after the Seahawks named him their transition player, which allows them to match offers he receives in free agency. Under those terms, the Seahawks could match the Vikings' offer and still have roughly $16 million in salary cap room, plenty to re-sign their own free agents and pursue others on the market. There were reports, however, that the Vikings' offer might carry a first-year cap charge of $13 million. That would be the figure if Hutchinson's 2006 base salary were $5.85 million instead of $585,000.
There are conlicting reports, but Seattle can match either one.I am discussing the clause that the Vikes supposedly have. It doesn't make sense to me and have heard nothing other that PFT reporting it.
As was I...you responded to my thought about it only being related to base salary (not bonuses) saying he would only make 585,000 as his base, while some reports have shown it to be drasticly higher.I agree that this is very odd and can see it not being allowed, maybe the point is more that Hutch wants out and is trying to create a problem so they will attempt to match? As a Vikings fan I really hope this clause is explained and we are not hindered from signing FAs in comming years.

 
Doesn't Walter Jones also have a huge contract? I'm not sure that the Hawks could get Alexander and Jones to redo their deals when both guys have been less than enamored with the negotiating/renegotiating process.

 
No way Seattle will match this offer, if they do their done signing any players this year, and will have to redo some contracts of existing players just to sign their draft picks. It appears the Vikes have out foxed the Hawks :D
Not even remotely close. Read Clayton's latest on it. Seattle will match this contract quite easily, actually. And they will. Very soon. End of story.
Nice Try. NO THEY WON'T!!!!!!!!!!!!!HUTCHINSON OFFER HAS MAJOR POISON PILL

A league source tells us that the offer sheet signed by Seahawks guard Steve Hutchinson with the Minnesota Vikings contains a poison pill of unprecedented magnitude and significance, which is aimed at preventing Seattle from exercising its right to match the deal, pursuant to the rules applicable to transition players.

Apart from a 2006 cap number that exceeds $13 million, the offer sheet contains a provision that makes the entire deal guaranteed if Hutchinson at any point becomes anything other than the highest paid player on the team.

From Seattle's perspective, that's a big problem, in light of the Walter Jones contract. If the Seahawks match, Hutchinson's deal could indeed become fully guaranteed from day one.

The Seahawks could attempt to match the offer and exclude the poison pill provision, taking the position that it is not a "Principal Term" of the deal. Under Article XX, Section 5 of the CBA, only the "Principal Terms" must be matched.

So what are "Principle Terms"? Under Article XIX, Section 3(e)(ii) of the CBA, "Principle Terms" include "[a]ny modifications of and additions to the terms contained in the NFL Player Contract . . . that relate to non-compensation terms (including guarantees, no-cut, and no-trade provisions)." Applying the language literally, the poison pill "relates to" a guarantee because it sets forth a specific circumstance in which the specified compensation will become guaranteed.

There's a chance that the Seahawks will attempt to fashion an argument that the trigger for the guarantee violates the spirit of the CBA by placing an artificial limit on the money that can be paid to other players. But, in reality, it doesn't -- it merely provides the player who ultimately is not the highest paid player a guaranteed contract.

Though the issue ultimately might land before an arbitrator or a special master, we think that the Vikings will prevail on this one.

We're also told that the Seahawks are livid at Hutchinson and agent Tom Condon with this development. It's one thing, as they see it, for a guy to get the best offer he can on the open market. It's another thing to huddle with the new team in an effort to come up with an offer that the Seahawks can't or won't be able to match.
That was exactly the poison pill that someone from the Chargers board proposed a couple weeks ago. :thumbup:
That's the point, it would help us. To retain Hutchinson, Seattle would have to match the contract word for word. Say we offer him a contract for 5 years for $30 mil with a $12 mil signing bonus have a base salary of $3.5 for 2006 & 2007. We also include that his salary for 2007 must be atleast $500,000 more than any other o-lineman on the team, or he becomes a FA and cannot be tagged. If Goff is our second highest at $3 mil we don't have to do anything to Hutchinson's pay for 2007. But if Seattle were to match our contract offer, They're paying Walter Jones more than twice that. Plus how would Jones feel that he plays by far the hardest postion on the o-line but the guard next to him has a clause that guarantees him more money.

I'm just using that as an example. The salary cap gurus know countless way of including wording that makes it all but impossible for the players original team to match. That's why the Transition Tag is so rarely used, it's all but useless.
 
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