I was out doing “real” work this morning when MDS posted the blurb about the Fins giving Jake Long a deadline for working out a deal to become the No. 1 overall pick, so I haven’t had a chance to chime in regarding the latest disclosure regarding the team’s tactics.
So I will now.
It’s classic Bill Parcells.
His goal, Peter King believes, is to pay the top pick less money than what the No. 1 pick received in 2007. Only Parcells has the personality to pull this off. And pull it off Parcells will, if the player who ultimately agrees to terms gets good advice based on the best interests of the player, not on the self-interests of his agent.
I wrote about the Parcells’ draft-pick dynamic on Friday for SportingNews.com, but that’s not gonna stop me from addressing it in further detail here.
The analysis is simple. Assuming that he has no preference in teams among the top five who select (Miami, St. Louis, Atlanta, Oakland, Kansas City), it’s a dollars-and-cents decision for Jake Long. The issue comes down to how much he’d get in Miami as the No. 1 pick, versus how much he’d get if he isn’t the No. 1 pick.
Gauging that amount can be tricky. Since we’re fairly certain that the Chiefs would pounce on Long if he’s on the board at No. 5, an armchair expert in probability analysis could quickly throw together a formula that would put a dollar value not accepting the Dolphins’ best offer, based on the realistic possibility of getting picked in each spot from No. 2 to No. 5 and the expected contract that each slot will pay.
Under such an analysis, the answer surely would be to take the offer at No. 1.
The only cause for pause would arise if Long were 100 percent certain that he’d otherwise be the No. 2 selection. In that case, he’d need to ask himself whether he thinks he’ll get more money at No. 2 than he’ll get at No. 1.
Complicating matters is the reality that there’s an inherent, but non-specific, marketing value in being the No. 1 overall pick. Also, what Jake Long gets at No. 2 will be influenced heavily by what the Dolphins pay to someone else at No. 1. If one of the other high-end prospects eventually accepts the offer that Jake Long rejects, the ceiling will arguably be established for Jake Long at No. 2.
And Jake Long needs to analyze these tough questions with the input of an agent who would be vilified, excoriated, and otherwise dissed by his colleagues in the agent industry if the agent does a deal that actually reduces the astronomical growth in the No. 1 overall contract. From 2003 to 2007, the guaranteed money shot from $15 million to $32 million. The concept of heading in the other direction is something that agents simply aren’t wired to comprehend.
If Long doesn’t take the deal from Miami and lands at No. 5, it won’t be difficult for him to count the difference in real dollars that he sacrificed, possibly so that his agent will then be able to recruit another top-five pick in 2009, 2010, and beyond.
As a league source told me last week, if/when Parcells pulls this off, the first demand from the union in the next CBA will be to prohibit pre-draft negotiations. And that demand will come from the agents who don’t want to be put in the awkward position of serving their clients, and serving themselves.
Maybe this hasn’t happened sooner because the organizations that have held the No. 1 overall pick in the draft were in that position for a reason. This year, the worst team from the prior season cleaned house and brought in a new sheriff who’s willing to take on a fight that, over the past several years, none of the teams at the top of the draft board have had the smarts, the nerve, or the will to wage.
Parcells has it all. And, in this specific context, we love it.
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April 14th, 2008 at 12:19 pm
This is a repost from the Jake Long blurb, but it looks like it belongs in this one. (And maybe it will get answered) So…
Hypothetical scenario for you Florio or one of the seemingly endless number of lawyers who frequent the site??
I am going to assume that in a standard agent/player contract it states that the agent must act in the best interest of the player.
Lets say the Dolphins offered Matt Ryan a contract that was decent but not great for the #1 overall pick. If the agent scoffs at it and Ryan ends up pulling a Quinn/Rodgers-esque free fall and gets signed for less, would he have any legal recourse?
I realize that this would be nearly impossible to prove because the agent would then claim that there were other teams that had showed interest in said player; but the more I read about NFL agents and how they dont want to be “the agent” that gets a guy less money and what not, I have to wonder if it brings into question who the agent is really working for.
Also what would happen if in this scenario the player wanted to take the below market value deal?
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April 14th, 2008 at 12:20 pm
When is this league going to ‘get it’ about the #1 pick and the money owed to them?
The NFL, last time I checked, isn’t the NBA. You have 22 starters… in basketball, you might play about 7 or 8 guys. If you draft a Patrick Ewwing, a Michael Jordan, Kobe Bryant, or LeBron James, you’ve just resurrected your franchise. Doesn’t matter who you draft in the NFL, because you need a large group of players to be successful.
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April 14th, 2008 at 12:28 pm
The battle for the next CBA is shaping up to be a nasty one. The best thing for the league and the players regarding draft picks would be to severely limit the money paid to them compared to what is being paid out now. That would give much more money for the established successful players to be retained, as well as offsetting the large number of busts that high picks turn out to be.
That however would be the worst thing for the agents that seemingly have more of a hold over the union leadership than the players they are representing have.
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April 14th, 2008 at 12:33 pm
Imagine the locker room respect Jake Long would get if he took a reasonable offer in order to save the team cap room. It’s not about the $$$ for Miami, it’s about the cap and the roster.
The VETERANS in the locker room will greatly respect and appreciate Jake (or whoever it is) that he makes room for a better roster and comes in with a “I will earn my keep” attitude. Veterans are always restructuring their contracts to make room for other players. It would speak volumes if the kid did the same thing.
And seriously, if the player takes 30M instead of 35M but builds in incentives, he won’t really lose much and when he earns it they will back up more money to his door when it is time to re-sign.
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April 14th, 2008 at 12:39 pm
I have to imagine as part of the renegotiations of the CBA, the players will give up benefits to the rookies for the veterans. It makes no sense for rookies to come in without proving anything and making more than pro bowl level players.
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April 14th, 2008 at 12:40 pm
I’d like to see Florio explain how agents get to have a say in the collective bargaining agreement. If agents have pull with union management, then union management is corrupt. That’s you, Gene.
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April 14th, 2008 at 12:40 pm
Seems to me that they WANT Chris Long but are going to see if they can get one of Jake or Gholston to take something significantly undermarket. Great idea to involve Gholston since the earliest he would go is Oakland and that is even a big maybe. Talk about leverage when youre pitting a projected 7th pick against a top 2 pick.
My gut is that they will offer Gholston a far cheaper contract than they do Jake Long and if they both reject it, they draft Chris Long.
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April 14th, 2008 at 12:41 pm
This we know to be true
1. If the Tuna isn’t picking Defense, then Jake is best the player in the draft, period.
2. The Rams will never let Jake get back past them. There trophy case is proof of that (Pace).
3. This has nothing to with Jake Long or any other draftee, this is Bill forcing a change…
Jake, fire your agent, Hire your father, get a blood thirsty lawyer and let the Tuna make you a Fish…so there are more D-linemen for Jax.
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April 14th, 2008 at 12:49 pm
Long should give his agent the option to get out of the deal if the agent wants to walk and not be associated with the deal. The agent then has a choice to either be the agent on record and earn his commission or earn nothing and keep his “good name”.
I hope Parcells pulls this off. The NFL is better off with arms length transactions like this Parcells’ negotiation as opposed to the ridiculous slotting system currently in place which wind up hurting teams that were designed bo be helped by the draft process. The draft value trade chart has also become a joke with the slotting process.
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April 14th, 2008 at 12:54 pm
Is there a rule that prevents the Rams from going to Long and saying “don’t agree to terms with the Dolphins, we’ll pick you at #2 and give you more money than they are offering”?
I know the team with the top pick can negotiate with players, but I assume the Rams aren’t allowed to.
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April 14th, 2008 at 1:22 pm
This would never happen, but it’d be awesome if all 32 teams got together and agreed to kind of hold a protest during the draft, w/ every team letting their clock expire in the first round. Talk about making a statement and raising max attention to the issue. I know this is logistically and practically impossible, but it would be something.
Or even if the Dolphins official on hand were to loiter next to the podium w/ cards of the top 5 or so guys, let the clock expire, then wait until three or four guys are drafted and then submit the card for the other top 5 guy not chosen.
Approx how much do agents make? I’ve heard it’s about 3%. Does anyone know? I can see now why Favre’s agent is trying to get him to play again. 3% of his ‘08 salary would be $360K in Cook’s wallet, probably a TAD bit more than his cut of whatever awful commercials Favre ends up doing will be.
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April 14th, 2008 at 1:36 pm
Jake Long will be set for life as the first overall pick in the draft (if he agrees to a deal). He ought to take the money and run. Or, block.
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April 14th, 2008 at 1:57 pm
Good for Parcells, handing over more and more money to an unproven quantity year after year is just plain ridiculous. I hope this becomes a trend.
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April 14th, 2008 at 1:58 pm
You guys are foaming at the mouth for Parcells when the Raiders and Al Davis were kind of shown in a different light a year ago when they reportedly “low balled” Brady Quinn in a similar way. Maybe the fact is that Parcells has more leverage because none of the linemen prospects stand out from the others to fit his scheme (taking into account McFadden isn’t needed in Miami and Dorsey isn’t an ideal 3-4 NFL nose guard). You’re giving Parcells way too much credit for this one, Florio.
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April 14th, 2008 at 1:59 pm
I think teams don’t use their leverage enough. Long’s options, if drafted No. 1, would be to play for what the Fins give him or sit out for an entire season. How much would the Fins lose if he never signed his contract? Are they going to magically improve in a single season just because of Jake Long? I would tell him he can sign for $25mil or the team can save that money and hunt down a couple free agents; or maybe have a $25mil party! That would be a better use for it than paying an untested rookie who turns out to be a bust.
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April 14th, 2008 at 2:22 pm
It’s simple. Do you want to be #1? Then take the offer.. otherwise we let our time expire and pick you at #4.
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April 14th, 2008 at 2:33 pm
My question then is if Al Davis hadn’t offered Brady Quinn the number 1 overall at a reduced rate, which his agent declined before falling all the way to the browns, losing millions of dollars would Jake Long understand the situation enought allow Parcels to pull this off. I only ask because of all the people dissin Davis for trying to pull this off last year. Unfortunitly for Quinn, he didn’t understand the consiquences of saying no.
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April 14th, 2008 at 3:13 pm
This could get crazy, 4th on the list is McFad, gonna sign and trade to Jerry for a bunch of #1’s.
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April 14th, 2008 at 3:25 pm
This only works if there are multiple players who are roughly equivalent in value who are also not represented by the same agent.
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April 14th, 2008 at 3:35 pm
Is Jake Long really Parcell’s choice? Or is Parcell setting up JL to decline the offer, so the next person on Parcell’s list sees that Parcell will walk away if you decline him? Is JL the target, or the warning to the rest of the class?
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April 14th, 2008 at 3:51 pm
No one knows how low the lowball offer to Quinn was. I would think Parcells will make a fair offer to Long, take it or leave it. I hope they stick to it, this will force a change all through the first round. No one at 2,3,4 or 5 will pay more than what the #1 pick gets. I hate the Dolphins, but I’m rooting for them here.
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April 14th, 2008 at 3:58 pm
What if Dolphins take JL or whoever at a pre-negotiated lower salary. And then they announce the signed contract shortly after the draft - before all other teams sign their top 10 picks. Does this drop the bar for the entire first round?? The team with the second pick is not going to want to pay more than #1, etc…
That would be great for the whole league. The Fish would be a hero.
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April 14th, 2008 at 4:49 pm
Florio,
I have an idea that could help solve the runaway high 1st round bonuses/salaries.
I don’t know if it could be implemented under the current CBA.
Would it be possible for the league to change the rules regarding the
treatment of the situation where the drafted player is not signed prior
to the next draft. Currently the team looses rights to the player and
pick.
What if they allowed the team to be compensated with another pick. For
example, one round (e.g. 32 picks) lower than the original pick. Or (what I think is supremely equitable to all) a
pick directly after where the unsigned player is redrafted.
This sort of change would give the teams better leverage for
negotiating those early pick contracts (until an NBA style cap can be
implemented).
Can you ask some league types about this idea?
Cheers,
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April 14th, 2008 at 5:03 pm
Treez, a Cheerleader, says:
April 14th, 2008 at 2:22 pm
It’s simple. Do you want to be #1? Then take the offer.. otherwise we let our time expire and pick you at #4.
The flaw with this arguement is that you are making the assumption that Jake Long will still be there at #4. If the Fins were to let the clock run out I’m having a hard believing that the Rams would let Long out of their clutches.
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April 14th, 2008 at 5:40 pm
Jake’s agent can play Parcells just as easily as the other way around. Let’s say Parcells gives Long a low-ball, take-it-or-leave-it offer. Long’s agent shows this offer to the Rams and says “Give me a better deal, and I’ll tell Parcells to stick it.” If the Rams really want Long, then it’s a good deal for them. At that point, Parcells has lost control of the situation. Whoever he picks at #1 will not be his first choice, and will want more money than Long got from the Rams at #2.
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