Don't forget about the 30% rule

by Novyarbat on Feb 21, 2012 12:59 AM CST

Carr's salary in 2012 can’t be more than 30% greater than his salary in 2011. Signing bonuses don’t count toward the 30% rule. So, 30% of Carr’s 1 yr contract he signed in 2011 for $2.61 million is $783,000. Let’s say for argument sake that Carr was asking for a 5 year $50 million dollar contract like Flowers received. The break down would be as follows, adding $783,000 to each year:

Year 1: $3,393,000

Year 2: $4,176,000

Year 3: $4,959,000

Year 4: $5,742,000

Year 5: $6,525,000

These numbers total a 5 year salary of $24,795,000. That means the Chiefs would have to guarantee Carr $25,205,000. Flowers contract was only $22 million guaranteed. I don’t see the Chiefs or any other NFL team making that move; guaranteeing over 50 percent of his entire contract. Taking that into consideration, if that is the type of money he is asking for, the decision to let him walk is a more logical choice than overpaying for his services. Hopefully he will be franchised and traded if he is going to depart KC (as some of you have mentioned). If anyone sees a problem with my numbers please let me know.

This is a FanPost and does not necessarily reflect the views of Arrowhead Pride's writers or editors. It does reflect the views of this particular fan though, which is as important as the views of Arrowhead Pride writers or editors.

Tweet Comment 14 comments | 1 recs |

Do you like this story?

Comments

his salary can be greater than 30% he's a free agent

his salary can be whatever the hell he gets offered

There are no stupid questions just stupid people

by IPWT2009 on Feb 21, 2012 1:32 AM CST reply actions

No he is correct...

I don’t know much about the 30% rule, but this was brought up on the radio that Carr would have to have a lot of guaranteed money. The Chiefs would have had to sign him the contract before this last one to avoid this I believe.

by jsChiefs23 on Feb 21, 2012 2:03 AM CST up reply actions

But you are correct in that a team can offer him whatever they want it just has to fall in the 30% rule. I think...

by jsChiefs23 on Feb 21, 2012 2:37 AM CST up reply actions

interesting

But also cant just add 783k to each year. Would be 30% of the new total for the previous year. The 783 would increase

by chief red foreman on Feb 21, 2012 2:41 AM CST via mobile reply actions

each yr

If each yr was actually 30%

by chief red foreman on Feb 21, 2012 2:42 AM CST via mobile up reply actions

make

Sense of that? Sorry been drinkin

by chief red foreman on Feb 21, 2012 2:44 AM CST via mobile up reply actions

30%

Of yr 5 would be way more than 30% of yr one. Im going to bed now :)

by chief red foreman on Feb 21, 2012 2:50 AM CST via mobile up reply actions

have another shot

by TheScreenName on Feb 21, 2012 3:00 AM CST up reply actions

That makes sense...

by 12t on Feb 21, 2012 5:14 PM CST up reply actions

im sure they put an offer on the table that they felt worked, it didnt, and they found a replacement pretty darn quickly

i for one, will miss him. players come and go, but i really enjoyed watching him play on our defense

if they let colquitt walk im going to kick someone
Team Colquitt

by SDChief on Feb 21, 2012 4:06 AM CST reply actions

30%

But the CB franchise tag is ~ 9 million. more than 30%.

by Ulpianus on Feb 21, 2012 7:02 AM CST reply actions

According to what I’ve read, the 30% doesn’t include signing bonus and escalators. So while your right that he can’t get that much “guaranteed” money, he can receive a big chunk as a signing bonus and the rest by setting easy performance bonuses.

"Hater" is a term used by weak-minded people in the face of legitimate criticism.

by JComp11 on Feb 21, 2012 8:43 AM CST reply actions

Nice I agree if Carr goes hope he is tag and traded

by kcchiefs2782 on Feb 21, 2012 11:43 AM CST via Android app reply actions

I believe that it should be (going by the 30% increase each year):

Year 1 $3,393,000
Year 2 $4,410,900
Year 3 $5,734,170
Year 4 $7,454,421
Year 5 $9,690,748

Going by this logic it would be a grand total of $30,683,239 over 5 years. I think Carr should get an average around 8-9 million per year($40-45). So adding in all the escalators and bonuses to get to this would be right around 10-15 mil. Though I highly doubt that Pioli would backload a contract like this.

Go Chiefs!!!!

by ravenhawk on Feb 21, 2012 12:17 PM CST reply actions