Page 1 of 2
Breaking: It's Over!!
Posted: Fri Jul 28, 2023 6:10 pm
by D-train
Re: Breaking: It's Over!!
Posted: Fri Jul 28, 2023 6:20 pm
by douche
Apparently he wanted his entire signing bonus up front.
From the article:
"Witherspoon will get a four-year deal worth $31.86 million that includes a signing bonus of $20.17 million.
Those details were not in dispute as all rookie contracts are slotted by draft position via the league’s collective bargaining agreement. But Witherspoon and the Seahawks had been at odds over how much of that signing bonus he would get up front — Witherspoon was said to want it all while the Seahawks wanted to pay much of it now, as much as 75%, and the rest by April, sticking to their long-standing policy of not paying out all of large signing bonuses at once.
None of the initial reports indicated how the paying out of the bonus worked out with Witherspoon’s contract, but one source indicated that it was not thought the Seahawks had budged on their policy.
Either way, the deal is said to now be done, and Witherspoon could report and practice with the Seahawks as early as Friday’s practice, set for 1:30 p.m."
Re: Breaking: It's Over!!
Posted: Fri Jul 28, 2023 6:50 pm
by D-train
douche wrote: ↑Fri Jul 28, 2023 6:20 pm
Apparently he wanted his entire signing bonus up front.
From the article:
"Witherspoon will get a four-year deal worth $31.86 million that includes a signing bonus of $20.17 million.
Those details were not in dispute as all rookie contracts are slotted by draft position via the league’s collective bargaining agreement. But Witherspoon and the Seahawks had been at odds over how much of that signing bonus he would get up front — Witherspoon was said to want it all while the Seahawks wanted to pay much of it now, as much as 75%, and the rest by April, sticking to their long-standing policy of not paying out all of large signing bonuses at once.
None of the initial reports indicated how the paying out of the bonus worked out with Witherspoon’s contract, but one source indicated that it was not thought the Seahawks had budged on their policy.
Either way, the deal is said to now be done, and Witherspoon could report and practice with the Seahawks as early as Friday’s practice, set for 1:30 p.m."
Yeah that had been well established and posted here days ago...
Re: Breaking: It's Over!!
Posted: Fri Jul 28, 2023 8:00 pm
by douche
Consider it reestablished.
Re: Breaking: It's Over!!
Posted: Fri Jul 28, 2023 8:04 pm
by D-train
douche wrote: ↑Fri Jul 28, 2023 8:00 pm
Consider it reestablished.
Re: Breaking: It's Over!!
Posted: Sun Jul 30, 2023 3:05 pm
by Sibelius Hindemith
So do we know the terms of the deal yet? All i've heard is speculation that Witherspoon's agent caved.
Re: Breaking: It's Over!!
Posted: Sun Jul 30, 2023 3:08 pm
by D-train
Sibelius Hindemith wrote: ↑Sun Jul 30, 2023 3:05 pm
So do we know the terms of the deal yet? All i've heard is speculation that Witherspoon's agent caved.
No and it will never be made public.....
Re: Breaking: It's Over!!
Posted: Sun Jul 30, 2023 5:59 pm
by Donn Beach
The contract will be made public, the payout of the bonus
Re: Breaking: It's Over!!
Posted: Sun Jul 30, 2023 6:09 pm
by D-train
Donn Beach wrote: ↑Sun Jul 30, 2023 5:59 pm
The contract will be made public, the payout of the bonus
It is already public, I doubt the timing of the bonus payments will be.
Re: Breaking: It's Over!!
Posted: Sun Jul 30, 2023 7:01 pm
by Sibelius Hindemith
Yeah i shouldn't have used the wording "terms of the deal". I just meant how much of the bonus he gets right away.
