Contract Year Series, Hakeem Nicks

Hakeem Nicks #88 WR, New York Giants

by Paul Carrozzo

When analyzing contract possibilities, we must remember that there is an ultimate bottom line to war that is waged between the player and the franchise that presently employs him. The franchise stands to benefit from the player’s heightened urgency through increased production on the field that given year. The player’s motivations are aligned with the organization as a good year means a bigger payday. Many times we see a team over pay for past performances similar to Joe Flacco’s blockbuster deal signed after he brought the Ravens a Super Bowl. “Past performance is no guarantee of future results” is the disclaimer on almost every investment prospectus. You would think that the men that own $1B+ franchises would be well versed in the concept and hence heed the warning. Or maybe the exact reason they are billionaires is because they have thrown caution to the wind in prior endeavors.

Hakeem Nicks came to the Giants as the 29th pick of the 2009 draft. The 6’1″ 210 lbs Nicks plays bigger than his frame would suggest. He has been a target of criticism for is inability to stay on the field, but can be dominant when in games. The Giants recently committed $46mm to another of their receivers, Victor Cruz, which will only increase the scrutiny from the New York media. Rueben Randle is an electrifying deep threat that will also be pushing Nicks for targets. When healthy, Giants quarterback, Eli Manning, likes to exploit the mismatches that Nicks creates on the outside.

Competing for WR free agent money in the offseason will be Kenny Britt of the Tennessee Titans and Jeremy Maclin of the Philadelphia Eagles. If Nicks can put up a full season of solid production I can see him in the getting paid as a Top 10 WR. If the Giants choose to franchise him after the season, he will cost $11mm for one year. Even if he has a terrible season, given his age and talent, he will command a minimum of $6mm APY.

Estimated New Contract: 5 years, $47.5mm

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  • NYG Cap Central

    My gut says that the Giants franchise him and try to workout a long term deal with him in 2014 like they did in 2008 with RB Brandon Jacobs, and in 2012 with P Steve Weatherford. Fortunately for both the team and players mentioned, they were able to workout a long term deal. Hopefully for the Giants, they’ll be able to do the same with Nicks. It’s a year away, but it’s not too early to consider how the pieces will fall next year. Thanks for the article Paul. Well done, as always.

    • Paul

      Sorry for the late reply and maybe worse my choice of helmet today! Thank you for your input. I will be looking forward to these negotiations. Appreciate the kudos.

      • NYG Cap Central

        It’s all good. Good football discussion is good football discussion, regardless of what given team someone roots for, or even if he/she doesn’t root for anyone at all.

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