M. Thomas Contract Negotiations and the Franchise Tag

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BrewstersMillions's picture

The franchise tag protects only the team and while the cash is guaranteed, its a way for the team to reap the benefit of the player and the player only gets a portion of his worth.

Thomas is at worst like the 4th best WR in the NFL. Pay him as such.

Proudly dispensing unbridled arrogance since 1983.

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Shadow's picture

I believe the franchise tag guarantees the player top 5 average salary at his position in the league.  It’s a hefty price for a one year deal for the team as well. Certainly the player is looking for more money up front and the years but it can play out exceptionally for the player if franchised multiple years.  

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BrewstersMillions's picture

A player can be tagged three times with a jump in pay each time. They get one year guaranteed at the average of the top five in the league with spikes at each tag. I don't know how many players have received multiple tags. We are talking about a game where guaranteed money is king since it can end so suddenly. While on year for 15m or so is great, that's about 40-60m less than superstars get in guaranteed cash. Somewhere there is the "oh he only made 15m wah wah wah" argument but it's not about that. This is paying guys what they are worth and Mike Thomas is worth more than 15m for one year.

Proudly dispensing unbridled arrogance since 1983.

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stxbuck's picture

Exactly-it is a one year guaranteed deal-which is all anything in the NFL is if you aren't an elite QB. Players are not getting screwed in terms of fair compensation for their services. IMO, Thomas benefits greatly, stats wise, from playing with Drew Brees and Sean Payton. I'm not sure he could get OBJ guaranteed $$$$ on the FA market.

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TheDizzle's picture

18 game season? What the fuck... they're moving in the wrong direction

"The hate of men will pass, and dictators die, and the power they took from the people will return to the people. And so long as men die, liberty will never perish" - Charlie Chaplin

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buckeyeEddie27's picture

Need to up the roster # from 53 if they're gonna pull that shit. How the hell are players supposed to stay healthy? Don't give me the HS play-off crap either....this is pro ball, highest level with straight mutants on the field. No way teams can survive as is with an 18 game schedule

I know there's a game Saturday, and my ass will be there.

I Believe In Ohio State.

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NorthPoleBuckeye's picture

iirc this would be in conjunction of shortening the pre-season to 2 games.

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BuckeyeStevo's picture

I have huge feeling that when the NFL players hold out, it will be longer than a year.  Mike deserves to get paid!!!  Incredible dude.  

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BPOSU's picture

The franchise tag will most likely stay because in the grand scheme of things it really doesn’t affect many players. While every team has the ability to tag someone, only 6 teams (not including Laveon Bell) actually did last year. 

Like most unions, I highly doubt something that effects such a tiny amount of members gets put on the forefront of what’s “most important” when it comes down to bargaining. 

I could see a strike coming, but probably due to the lack of the owners giving up fully guaranteed contracts 

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stuckupnorth's picture

You sir are correct. As a union worker, it effects one person one team a year. The guys who will never come close to getting franchise tagged ain’t gonna go on strike over a superstar pay. They lower end guys don’t make 15 mil a year so while they still make bank. They know those time making money is short. If they make 2 million a year they ain’t no way they are gonna waste one of those years because mike Thomas don’t want a franchise tag. I deal with this every couple years. The have nots don’t care one bit about the haves. They do not care about protecting them. They will vote against them, even if it means nothing for them. That’s how negotiations go 

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ANOTHERMICHIGANLOSS's picture

Thank you...nobody lives in a world where you cater to a small percentage of the population.  Even if every team used it every year, we are talking about less than 2% of rosters.  Last year it was 0.3% of rosters.  The franchise tag isn't an issue, there is a give and take for both sides.  The Bell issue, he could have made $14.5 million last year, instead he held out for a contract that when you break it all down, he maybe came out even with what the Steelers were offering.  That's before factoring the lost money last year.  And he moved from Pittsburgh to the Jets, where he is probably going to have a much tougher time with his running style.

Cater to the 98%+, not the less than 2%.  

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BornAndBredABuckeye's picture

I don't understand why the Saints wouldn't want to lock up a young beast of a receiver.

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logamaniac's picture

Might be worried about who’s taking over for brees.  If they aren’t sold on his heir it would suck to devote the money Mike deserves when he’s not going to have a top guy getting him the ball. 

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Stellar's picture

Some teams are apprehensive about spending too much money on one WR or skill player. They prefer to spend that salary cap money on QBs or linemen. I saw where the Saints have never paid any skill player more than 10 million a year (and neither have the Patriots). The going rate for an elite WR is now is at least 16 million, and Thomas will probably want to beat the 18 million OBJ gets.

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Eph97's picture

Players should strike for guaranteed money. NFL "contract" is meaningless.

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GunnerBuck's picture

Their union doesnt care enough, IMO. 

That is why I don't feel bad about their lack of contract guarantees. They literally have an organization who should be neg'ing on their behalf, instead they give the NFL Commish as much power as he wants and gets damn near nothing in return. 

"Come on, you sons of b!tches! Do you want to live forever?" -- Dan Daly, WWI

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BuckeyeGoneNuts's picture

I don't think it's that the union doesn't care, it's that traditionally the union doesn't have that much power to force the owners into anything.  Unlike the NBA or MLB where the players have a ton of power, the dynamics of the game and size of the roster make it such that the NFL union doesn't have nearly as much power.  The top paid guys in the NFL make huge amounts of money, but as of 2018 the median salary is $860k.  That's crazy money for us "normal" folks, but lets look at it from the perspective of an average NFL player.  They know they have a very small window to make that kind of money (2 to 3 years on average), and after that they get essentially nothing.  They can get hurt at any point in a violent game.   Do you think those guys are going to want to go to the mat and sit out an entire year (on strike) and lose out on one of their 2 or 3 years so that the commish doesn't have "too much power"?  Nope.  Similarly, the franchise tag affects maybe 8 or so players every year, and they are generally the top salary guys anyway.  Is that enough for all the other players to care about to go on strike for a year?  I don't think so.

The union is really in a tricky position, and it will be interesting to see what issues they really put forth as "must have at any cost" through the next CBA negotiations. 

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Stellar's picture

The top players get more guaranteed money than you might think. Odell Beckham got $65 million guaranteed on his 5 year $95 million contract. Thomas will likely get that much or more.

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Independence Village 22's picture

Long as Thomas doesn't end up in Shittsburg. That would suck for my household.

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Shockersmad's picture

They should pay him. I mean he's the hardest worker on that team. That sets the example and the tone for the locker room. With the exception of the cell phone incident/celebration depending on what side of that your on he isn't a head case like some of the other top so called Wr. As Buckeye fans know he's selfless on the field. He will block your ass like he's catching a touchdown and put the team win first. Thats the guy they need to pay. Ill take him as a Niner over anybody on that offense other than Staley. Thomas is special and you don't get Wr these days that play like this. I mean Him, Spencer help set the tone for for the WR room at Osu for years to come.

Shockersmad

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BuckeyeGoneNuts's picture

If Thomas gets the franchise tag, he'd get paid the average of the top 5 at his position (if my memory is right), so he'd get a huge payday.  The thing is, it's only a one year deal, so if he got seriously hurt or something like that, he'd get nothing after that. I think ultimately the Saints are going to have to pony up and pay him with a long term deal, but it might get contentious first.  Thomas has been getting paid peanuts compared to his actual worth / production, now it's time for the Saints to pay up or risk having a budding superstar be a malcontent and force his way out of town down the road.

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Stellar's picture

I'm pretty sure Thomas is still under contract for the coming year so they wouldn't need to franchise tag him right now. But he's worth way more than what he's getting paid now and everyone knows it.

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BuckeyeGoneNuts's picture

Yes, he's woefully underpaid based on his performance, and I don't think the team wants to have a problem where he becomes disgruntled.  Gotta keep your stars gruntled ;).  I'm actually surprised he didn't demand a new contract sooner, seeing his performance vs where he's getting paid. 

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BuckeyeFan150's picture

Thomas (if tagged) gets $16.4 million for 1 year. A great deal for NO (mainly) that gives them an extra year to see how much longer Brees can play. Mikes probably wanting a 5 year $100MM deal to make him the highest paid. Not that he doesn’t deserve OBJ+ money, but for a team with an old QB, that’s a big commitment.

if he played in the NBA, he would be a max player and ultimately control his own destiny. Lol 

thats why the NFL is still the best run pro league IMO, it’s not a player dictated league. 

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Stellar's picture

I don't think NBA players can get Max deals after only 3 seasons.

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FitzBuck's picture

GinnN, where did you see they are far apart?  Everything I’ve read stated deal was nearly done and he’s going to be highest paid receiver in the NFL.  

https://www.google.com/amp/s/saintswire.usatoday.com/2019/06/18/saints-michael-thomas-contract-deadline-news/amp/

Fitzbuck | Toledo - Ohio's right armpit | "A troll by any other name is still a troll".

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