Jacksonville Jaguars sign Liberty Running Back Rashad Jennings

by River City Rage on Jul 23, 2009 8:56 AM EDT in Jacksonville Jaguars News

Rashad Jennings: Under Contract and Ready for Camp!

Running Back Rashad Jennings, who Vic Ketchman says "had the best spring" of any offensive player on the team, is now under contract and ready to go with training camp just around the corner. Jennings, according to Michael Wright of the Florida Times Union, signed a 1.78 million dollar contract with a $38,000 signing bonus. The 7th Round Draft pick out of Liberty lit things up during OTA's and Minicamp, but will now have to prove that he can turn flashes of briliance in shorts and a t-shirt into something real on the field.

I'm starting to wonder how our first round pick, Tackle Eugene Monroe, is doing in his contract talks. As usual, the New York Jets screwed everyone over with their absurd contract for Matt Sanchez, though hopefully because it was a quarterback signing, it won't spike the contracts for everyone else behind him. Darrius Heyward-Bey and B.J. Raji bracket Monroe, so if we see one of those sign in the next few days, we can get an idea of what Monroe will get. Last year I assumed that we'd just add 8-10% to what the previous player at the 7 spot receieved, though Derrick Harvey ended up holding out and set his rookie season back.

I'd go out on a limb and say that Monroe will be in camp on the first day, but after going on the record and saying "there is no way that Harvey misses a minute of camp" on JagNation radio, I learned that these things are a bit more complicated than anything a blanket statement can cover.

Anyone want to take a guess as to what Monroe's contract will look like?

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The Check is in the mail

So there’s only 3 more? Underwood, Britton, Monroe. I think it would go in that order. Well I love Jennings so lets get them all on the field.

"HULU: An evil plot to destroy the world. Enjoy"

by TheTealDeal on Jul 23, 2009 8:59 AM EDT reply actions

If i had to guess on Contract range

I’d say it be either a 5-7 year contract worth something around 36 million. Loaded with incentives too.

"HULU: An evil plot to destroy the world. Enjoy"

by TheTealDeal on Jul 23, 2009 9:00 AM EDT reply actions

ya its def going to be

atleast 5 yrs if not 5 then 6 yrs. about 5-6 mill. a year loaded with incentives, like im guessing they could set him up with like a 5 yr 28 mill garaunteed and like 35-38 mill. cap, with the incentives

Brown Kid

by esierra44 on Jul 23, 2009 9:29 AM EDT reply actions

$28 mil guarantee?

a 64% increase over last year #8 guarantee?

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by Tkopa on Jul 23, 2009 9:36 AM EDT up reply actions

Yeah, no way he gets that kind of money.

I think the Jags would be fools to sign him to less than a 6 year deal, although it seems that may be a bargaining tool Monroe’s agent will use to get reasonable dollars.

“Ok, I’ll give you six years, but I want a 17% raise over Harvey’s contract.”
OR
“You can have 5 years, at a 10% increase over Harvey’s contract.”

I’d still take the 6 year deal… I will be disappointed if we only get it done for 5 years, but we’ll see what happens.

Our Ace is having Tra Thomas. We can tell Monroe’s agent that he won’t reach the playing time incentives unless he gets into camp on time, because he’s not going to start in Sept. without going through a full camp. That might put some pressure on the agent to get the deal done.

The End Is Nigh... www.infowars.com

by silencecs on Jul 23, 2009 2:18 PM EDT up reply actions

Remember, the agent doesn't get paid based on the total possible value of the contract, but cased off of a percentage of what the player earns.

10 mil signing bonus (the Agent gets his cut). But he won’t receive the remainder of the money until the salary becomes fully guaranteed each year (which happens on the first official day of the NFL year for many contracts). So, the agent will then receive another bonus at the end of the year for his % of any monetary incentives the player reaches and gets paid.

It soon becomes clear why Agents really do want to get guys into camp on time, and the really good agents see the value in a player really having a chance to earn likely incentives. Look at Brady Quinn… he held out for more incentives, but didn’t even reach them bc he didn’t start bc he held out…

Gene got the cards, and Gene’s got the Conn… I am not worried about Monroe holding out.

The End Is Nigh... www.infowars.com

by silencecs on Jul 23, 2009 2:22 PM EDT up reply actions