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03-02-2004, 01:13 PM | #1 |
Impact Rookie
Join Date: Feb 2004
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Age: 47
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Manning gets 99.2 million over 7 years
http://sports.espn.go.com/nfl/column...len&id=1748909
34.5 million signing bonus? EDIT: Oops, it's 7 years, not 9 Last edited by Cush; 03-02-2004 at 01:16 PM. |
03-02-2004, 02:01 PM | #2 |
Playmaker
Join Date: Feb 2004
Posts: 3,159
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Let's do a little math here.
I just checked out the Wall Street Journal site and you can buy US Treasury Notes or Bills at the moment with a yield of about 4 %. If you invested $34.5 million in treasury notes/bills at 4% you would get $1.38M in interest every year. After taxes, you would get to keep about $900K - assuming you chose to live in a state where there is no state income tax. I don't know about any of you out there, but I just might be able to get by on $900K per year after taxes. And that takes into account that I would no longer consider drinking PBR or Keystone (should be called Tombstone!). I'd be exclusively sipping the good stuff...
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03-02-2004, 02:14 PM | #3 |
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The Colts are crazy. This deal might give them a little cap room this year, but in the next 2-3 years. They will be having to make some tough cuts to their up and coming roster in order to pay Manning. No ONE player is worth that much money. This will be another Alex Rodriguez to Texas situation, because the rest of the team is not good enough to win a superbowl. The defense is still short 2-3 players good players.
You can do this if your roster is set to go to the superbowl, but the colts are just a little short. |
03-02-2004, 02:28 PM | #4 |
\m/
Join Date: Feb 2004
Location: NY
Age: 51
Posts: 99,411
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wow, why not just go for an even $100M??
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03-02-2004, 02:50 PM | #5 |
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Age: 54
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Good for the Colts!! Dont have to worry about playing him much in the season. Sure would be nice to have a qb like him. I watched the Skins/Colts game a couple of years ago and rembember (i think) Peyton liking the Redskins when he was a kid.
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03-02-2004, 09:53 PM | #6 |
Special Teams
Join Date: Feb 2004
Location: Tucson, Arizona
Age: 67
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That is absolutely crazy. I totally agree with the A-Rod comparison. The Colts have sold the farm for one player. They'll be in deep trouble in the next few years. And he hasn't won a Super Bowl!!! How much will Brady want in his next contract????
P.S. Does Manning need anyone to carry his suitcases for him????
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