The signing bonus, as the name suggests, is a large chunk of change given to the player once he puts his John Hancock on the dotted line, is spread out over the life of the contract up to five years.
In other words, if a player signs a six-year deal and gets $25 million to sign, the prorated amount of $5 million will hit just the first five years of the deal.
The main difference between LTBE and NLTBE is that a LTBE is an incentive the player is likely to earn and is one which will count against the current year’s cap.
The Bills drafting a quarterback wasn’t at all surprising, but Gates was extremely confident the team couldn’t possibly like Allen more than other quarterback prospects. Too confident.
With Rosen still available, Buffalo traded up to No. 7 overall where they took Allen. Mayfield was the No. 1 pick and Rosen went a few picks after Allen at No. 10 overall to the Cardinals.
On Monday, he tweeted that he’s following through with the promise and joining the corporate world.
To those wondering if we are playing some sort of long con about my future at WGR, we are not. Friday will be my last day as a producer for Schopp and the Bulldog. Thursday will be my last day as host of The Nightcap.
I will remain a part-time contributor to the station.