Clarett keeps his word to the Bronco's and shows up on time for camp. I look for him to make the team and start the season as the number 3 back.
Heres the link.
Heres the link.
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- Thread starter Bestbuck36
- Start date
Buckin' A
Veritas Aequitas
Actually, I think he is #20 now...
"To get his chance at the bonus money, Clarett decided to forgo the signing bonus most players usually take when they sign a contract. Clarett was a third-round draft pick who would have gotten around $400,000. That money was instead written into Clarett's contract as workout bonuses for 2006-08."
He must be confident that he will make a splash.
"To get his chance at the bonus money, Clarett decided to forgo the signing bonus most players usually take when they sign a contract. Clarett was a third-round draft pick who would have gotten around $400,000. That money was instead written into Clarett's contract as workout bonuses for 2006-08."
He must be confident that he will make a splash.
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Bucknut319 said:
NAh... I think he figures the longer he can keep the cash away from his mom, the better.
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Misanthrope
Banned
He passed on the $400,000 for a shot at $7 million in incentives. Pretty ballsy (and risky) for a guy who hasn't played since 2002.
We shall see...
We shall see...
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ScriptOhio
Everybody is somebody else's weirdo.
Here is a Denver newspaper article. It has a little more information:
<TABLE cellSpacing=0 cellPadding=0 width=420 align=center border=0><TBODY><TR vAlign=top><TD class=bodytext><TABLE cellSpacing=0 cellPadding=3 border=0><TBODY><TR><TD class=deeplinks></TD></TR></TBODY></TABLE>Clarett gets incentive rarely seen for rookie
By Lee Rasizer, Rocky Mountain News
July 29, 2005
ENGLEWOOD - Maurice Clarett is going to have to earn everything he gets in the NFL.
The Denver Broncos running back, taken with the final selection of the third round in the April draft, signed an unusual deal Thursday that includes no signing bonus, normally the only guaranteed portion of a contract, as the team wrapped up negotiations with its six-player rookie class.
The Broncos also signed second-round cornerback Darrent Williams to a four- year deal worth about $2,195,000 and sixth-round guard/center Chris Myers to a three-year deal.
The up-front money earmarked for Clarett has been replaced by numerous incentives tied to workouts, team performance and yardage that could push the total value of his four-year deal to $7 million - about $5 million more than he might have received with the standard four-year agreement with base-minimum salaries as the 101st pick.
Yet the deal also is risky for Clarett. It allows the team to scrutinize him at low cost and provides the Broncos with the ability to cut him without significant salary-cap ramifications.
But Steve Feldman, Clarett's agent, said the rewards figure to outweigh that risk and that the likelihood Clarett will not get paid an amount equal to or in excess of his anticipated signing bonus "is remote."
Simply by showing up, Clarett can earn his expected $411,000 signing bonus in the final three years in workout bonuses.
"It became clear that doing a cookie-cutter, third-round deal for Maurice Clarett wasn't going to work," Feldman said.
"You get into a situation where there's a player confident in his ability to perform, and then he goes out and performs and he's stuck on a four-year deal at minimum with no backside. So we wanted incentives."
Adding them became possible after the idea to exchange workout-bonus money for a signing bonus was hatched about one week ago.
"It became a no-brainer for us," Feldman said. "The deal basically allows him to get paid like a first-rounder if he performs like a first-rounder."
That level of draft status is precisely where Clarett thought he would be taken after starring at Ohio State during its 2002 national championship season.
But he became embroiled in controversy and was dismissed from the team, then sued the NFL to gain early admittance to the draft, but he failed in that legal bid.
Denver's selection of Clarett on the first day of the draft surprised many, just as the structure of the running back's contract is sure to create some wide eyes in the agent and front-office communities.
"They thought Christopher Columbus was crazy, too," Feldman said.
Broncos general manager Ted Sund- quist called the outside-the-box thinking that led to the deal fair for both sides.
"We are not in the business of giving incentives to rookie draft picks, but circumstances, the person and the location of the pick all were unique," he said.
Had Clarett been taken in the middle of a round, it likely would have created animosity among agents and teams with picks behind him trying to slot their drafted players monetarily.
The incentives Clarett has written into the contract are based on production and consistency and take into account the success of Denver backs during the past decade.
According to Feldman, Clarett can earn $1 million this season for rushing for 1,000 yards, and there are other incentives, tied to playing time, that are more easily attainable. "As a motivator, I think it's excellent for him," Sundquist said of Clarett, who likely starts two-a-days today fifth on the depth chart. "It puts it all on his shoulders, and I admire him for that. And from a club standpoint, it minimizes, if not negates, the risk that's surrounded this pick from the very beginning."
http://www.rockymountainnews.com/drmn/broncos/article/0,1299,DRMN_17_3962837,00.html
</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 width=420 align=center border=0><TBODY><TR vAlign=top><TD class=bodytext><TABLE cellSpacing=0 cellPadding=3 border=0><TBODY><TR><TD class=deeplinks></TD></TR></TBODY></TABLE>Clarett gets incentive rarely seen for rookie
By Lee Rasizer, Rocky Mountain News
July 29, 2005
ENGLEWOOD - Maurice Clarett is going to have to earn everything he gets in the NFL.
The Denver Broncos running back, taken with the final selection of the third round in the April draft, signed an unusual deal Thursday that includes no signing bonus, normally the only guaranteed portion of a contract, as the team wrapped up negotiations with its six-player rookie class.
The Broncos also signed second-round cornerback Darrent Williams to a four- year deal worth about $2,195,000 and sixth-round guard/center Chris Myers to a three-year deal.
The up-front money earmarked for Clarett has been replaced by numerous incentives tied to workouts, team performance and yardage that could push the total value of his four-year deal to $7 million - about $5 million more than he might have received with the standard four-year agreement with base-minimum salaries as the 101st pick.
Yet the deal also is risky for Clarett. It allows the team to scrutinize him at low cost and provides the Broncos with the ability to cut him without significant salary-cap ramifications.
But Steve Feldman, Clarett's agent, said the rewards figure to outweigh that risk and that the likelihood Clarett will not get paid an amount equal to or in excess of his anticipated signing bonus "is remote."
Simply by showing up, Clarett can earn his expected $411,000 signing bonus in the final three years in workout bonuses.
"It became clear that doing a cookie-cutter, third-round deal for Maurice Clarett wasn't going to work," Feldman said.
"You get into a situation where there's a player confident in his ability to perform, and then he goes out and performs and he's stuck on a four-year deal at minimum with no backside. So we wanted incentives."
Adding them became possible after the idea to exchange workout-bonus money for a signing bonus was hatched about one week ago.
"It became a no-brainer for us," Feldman said. "The deal basically allows him to get paid like a first-rounder if he performs like a first-rounder."
That level of draft status is precisely where Clarett thought he would be taken after starring at Ohio State during its 2002 national championship season.
But he became embroiled in controversy and was dismissed from the team, then sued the NFL to gain early admittance to the draft, but he failed in that legal bid.
Denver's selection of Clarett on the first day of the draft surprised many, just as the structure of the running back's contract is sure to create some wide eyes in the agent and front-office communities.
"They thought Christopher Columbus was crazy, too," Feldman said.
Broncos general manager Ted Sund- quist called the outside-the-box thinking that led to the deal fair for both sides.
"We are not in the business of giving incentives to rookie draft picks, but circumstances, the person and the location of the pick all were unique," he said.
Had Clarett been taken in the middle of a round, it likely would have created animosity among agents and teams with picks behind him trying to slot their drafted players monetarily.
The incentives Clarett has written into the contract are based on production and consistency and take into account the success of Denver backs during the past decade.
According to Feldman, Clarett can earn $1 million this season for rushing for 1,000 yards, and there are other incentives, tied to playing time, that are more easily attainable. "As a motivator, I think it's excellent for him," Sundquist said of Clarett, who likely starts two-a-days today fifth on the depth chart. "It puts it all on his shoulders, and I admire him for that. And from a club standpoint, it minimizes, if not negates, the risk that's surrounded this pick from the very beginning."
http://www.rockymountainnews.com/drmn/broncos/article/0,1299,DRMN_17_3962837,00.html
</TD></TR></TBODY></TABLE>
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I think the fact that he'll have to succeed on the field before he sees big-time money should be a good thing for him.
When Ricky Williams did something similar in New Orleans, he left a lot of money on the table. But he was a top-5 pick that could have had a large signing bonus.
When Ricky Williams did something similar in New Orleans, he left a lot of money on the table. But he was a top-5 pick that could have had a large signing bonus.
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daddyphatsacs
Let the cards fall...
Actually a smart move for Clarett and Denver. Obviously Maurice does better when he has a chip on his shoulder, and incentives. Now he has it to go out on the field and work for it.
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BuckeyeTrail
Michael Jenkins...does it again!!!
i hope he does well. he helped us win a title. both parties have moved on. the bucks are getting ready to win another one, and clarett is getting ready to fulfill his dream of starring in the nfl. time to let the animosity go.
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Sure, it is time to let it go...however, that needs to work both ways. I haven't read much of anythingfrom the tOSU camp trying to destroy MoC, but he has done his best to destroy the program. MoC has permanently stained the legacy of a great AD, damaged the perception of the school, and put Jim Tressel in a negative light around the country. Sure, anyone who loves tOSU knows the accusations were bogus, but the average fan does not know the entire story.
Let it go? Sure. Just so he goes away...permanently.
Let it go? Sure. Just so he goes away...permanently.
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