Showing posts with label franchise tag. Show all posts
Showing posts with label franchise tag. Show all posts

Monday, March 18, 2024

Final Thoughts on Saquon Barkley



Let's be honest: the moment the New York Giants decided they weren't going to franchise tag Saquon Barkley, you pretty much knew his days as a Giant were numbered. If Joe Schoen didn't think he was worth $11.95 million - the limit the NFL allows for a running back on a franchise tag in 2024 - that was his way of saying "we're done here."

I don't begrudge Barkley from signing elsewhere; the man has a right to get paid what he thinks he's worth. Though I have to wonder if choosing the Philadelphia Eagles was his way of saying to Schoen, "Fuck you, too."

And I also think it's rather juvenile of some - not all - Giants fans to say things like "You're dead to me." Knock it off. The guy left the team; he didn't burn the flag or something. This is a business. Players leave one team for another all the time. If teams can do it, why can't players?

What I am going to take issue with is this notion that Barkley never got the multi-year offer from the Giants he was looking for. The people who are spreading that bullshit, especially on ESPN, need to stop it immediately. The fact is, Barkley received a very fair and lucrative contract offer from the Giants in January of 2023. It was a three-year deal for $36 million, with $22 million guaranteed. Barkley, his agent, or both turned it down. Hence, the Giants slapped the franchise tag on him so they wouldn't lose him in free agency.

Given that the Eagles signed Barkley to a three-year $37.7 million contract with $26 million guaranteed, basically the all-pro running back travelled 95 miles down the Jersey Turnpike for a lousy $1.7 million over three years and an additional $4 million in guaranteed money. If you're going to skewer Schoen for how he handled this situation, it's more than fair to hold Barkley to the same standard. Why didn't he sign the contract offer in '23? Had he done so, he'd be entering year two of that contract.

Unless, of course, Barkley wasn't exactly sure he wanted to stay a Giant and was keeping his options open. Think about it. A very successful, and equally surprising, 2022 season, which resulted in a playoff berth and a playoff win; the first since 2011. Everything that could've gone their way, did. We often hear how front offices have a bead on whether their teams overachieved or not, and what that means for their long-term strategy. 

Why can't players do the same thing? It's unfathomable to me that a man as savvy as Barkley, who insisted he wanted to retire a Giant, would pass up an opportunity to sign a three-year extension, knowing full well it would force the Giants hand. Unless that was his plan all along. Reject the offer, sign the franchise tag, see what kind of season the Giants had in '23, and if things fell apart, which they did, jump ship.

Sound too conspiratorial for you? Yeah, me too. But it's better than the alternative, which is that a very talented running back got some very bad advice from an inept agent, and that eventually led to him leaving the team that drafted him.

Sometimes the simplest answers are the ones right under our noses.


Wednesday, July 26, 2023

In Joe We Trust.


If you had any doubts about whether Joe Schoen was the right man to run the New York Giants, the last couple of days should've put them all to bed. In a span of 24 hours, Schoen not only got Saquon Barkley to sign his franchise tag but locked up his top offensive tackle Andrew Thomas for the next five years.

First Barkley: Schoen front loaded a $2 million signing bonus into the tag and included $909,000 in bonus incentives that 1. require the Giants to make the playoffs; and 2. require Barkley to rush for 1300 yards, catch 65 passes and score 11 touchdowns. It also doesn't preclude the Giants from slapping a franchise tag on Barkley next year.

It's a win / win for Schoen. Think about it. If the Giants make the playoffs and Barkley manages to hit all his benchmarks, it'll be the easiest $900k Schoen ever spent. However, should the Giants fail to make the postseason, or if Barkley fails to hit any or all of his benchmarks, Schoen at the very least avoided what could've been a protracted holdout and got arguably the third best running back in the NFL to play for a million dollars less than the last offer he had on the table before the deadline.

Shrewd doesn't begin to describe what happened here. For all the sympathy Barkley was engendering within the sports community over how "unfairly" he was being treated, the simple truth is that all the leverage was on the Giants side. Once Barkley rejected what would've been a three-year deal that included $22 to $23 million in guaranteed money, his only option was to sign the franchise tag. A holdout would've cost him even more money and quite possibly ended his career with Big Blue. In the end, he did the right thing and swallowed his pride. 

But Schoen wasn't remotely done. He signed Thomas to a five-year, $117.5 million deal that ensures one of the best left tackles in football remains a Giant for the foreseeable future. It's a huge contract to be sure - the second highest for that position in the league - but the way it's written, it only increases Thomas's cap hit by $1.47 million over last season.

Indeed, between locking up Daniel Jones, Dexter Lawrence, Barkley and Thomas and the additions of Darren Waller, Cole Beasley and James Robinson, Schoen is assembling a roster that will be deeper than the one that went 9-7-1 last year and made the playoffs for first time since 2016.

In only his second full season as Giants' GM, Schoen is establishing himself as one helluva negotiator. At the bye last season he offered CB Julian Love a two-year, $14 million contract extension. Like Barkley, Love rejected it and instead shopped around. In response, Schoen pulled the offer and Love eventually wound up signing with the Seattle Seahawks - for $12 million; $2 million less than what he could've gotten from the Giants.

The moral of the story is simple. When Joe Schoen puts a contract in front of you, sign it. Because that's the best offer you're going to get. The man means business.

Just ask Saquon Barkley.


Tuesday, July 18, 2023

"It Is What It Is."




"There ain't no good guy; there ain't no bad guy. There's only you and me and we just disagree." 

- Dave Mason


No doubt there will be a good deal of analysis and even some finger pointing over the next few weeks regarding what happened between the New York Giants and Saquon Barkley. What we know for certain is that GM Joe Schoen made the last of what was believed to be three contract offers to the all-pro running back, all of which were rejected. As a result, Big Blue will go into the 2023 season not knowing whether Barkley will sign his $10.1 million franchise tag or hold out. As of now, it's anybody's guess.

Already the Monday-morning quarterbacks - pardon the pun - are chirping away. How could the Giants allow this to happen? Why couldn't Schoen just give Barkley what he was asking for? After all, he gave $160 million to Daniel Jones. Certainly Barkley deserved no less consideration given what he has done for this organization.

Let's be clear: the Jones contract was entirely different. The Giants never had any intention of letting their quarterback walk. It was simply a matter of whether they were going to franchise tag him or sign him to a long-term extension. The former meant a $32.4 million cap hit on the books, while the latter, due to the way the contract was written, worked out to a $21.7 million cap hit. For a team still reeling from Dave Gettleman's gross incompetence, Schoen would've been a fool to tag Jones. 

This was a business decision, pure and simple. Schoen knew what he wanted to spend and, more importantly, what he could afford to give up. It's worth noting that even with Barkley on a franchise tag, the Giants only have $4.1 million in available cap space left. As valuable as Barkley is to this offense, Schoen had a fiduciary responsibility to an organization that, cap wise, has been a train wreck for years. How bad a train wreck? This season, they will be carrying $14.7 million in dead cap space, courtesy of Kenny Golladay's contract buyout.

If you're looking for someone to blame here, try Barkley's agent, Kim Miale. She badly overplayed her hand. Either she didn't know what the market for running backs was or she doubted Schoen's resolve. In either event, she cost her client a good deal of money. 

Agents have two basic responsibilities: One should be fairly obvious: get their clients as much money as possible; two, level with their clients in the event they are unsuccessful. Miale clearly failed on number two. Once it was obvious that Schoen wasn't going to blink, she should've told Barkley to sign the contract. She didn't. Or if she did, Barkley didn't listen to her. So instead of a three-year deal with $22 million in guaranteed money, he will now have to settle for $10.1 million on a one-year franchise tag and then hope for a better offer from the Giants next season. 

Fat chance that happening. If anything, it's entirely possible the Giants won't even tender him a franchise tag next summer. The fact that no other team approached Barkley with an offer better than what the Giants had on the table is a pretty good indication that, despite his bonafides, the demand for his services just wasn't there. Josh Jacobs, who had a much better season for the Raiders, also didn't get the deal he was looking for and, like Barkley, has so far refused to sign his franchise tag.

Like it or not, the NFL is a passing league. Running backs are not very high on the pecking order. With the franchise tag expected to go up to $12 million in '24, the Giants might very well elect to low ball Barkley, or perhaps walk away entirely. If that happens, it's on Miale. 

Look, is it fair that one of the most dynamic players in the league is getting treated this way? Of course not. As a fan, I feel bad for the guy. He deserved better than what he got. And I have no doubt that this will reverberate throughout the locker room. It could even cost the Giants a playoff appearance, especially if Barkley decides to sit out the season. 

But the bottom line is this: the NFL, like the NBA and the NHL, has a salary cap. And, yes, I know the league gives their GMs all kinds of room to get creative with respect to player contracts. But come the start of the season, teams still have to be cap compliant. Gettleman was one of the most creative GMs the Giants ever had and look where it got them. At some point you have to be willing to say "enough is enough."

I actually respect the decision Schoen made. It couldn't have been easy for him. But in the end, it was the only decision he could've make.