Terrell Thomas

Stock Down: Week 14

Posted on by Jason Fitzgerald

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Every Monday during the season we will take a look back at three players who are entering important stages of their contract that may have hurt their stock in upcoming negotiations with their play on Sunday. In addition we will also look at one player signed in the offseason to a new contract that did not live up to the expectations that his contract sets for the player.

Stock Down

Aqib Talib– It’s been a rough few weeks for Talib. After a terrific start to the season Talib got injured and he has not been the same players since. He was bad against the Panthers and Texans and this week got steamrolled by Josh Gordon of the Browns. His QBR against the last 4 games, according to stats maintained by Pro Football Focus is around 115. Talib looked like a surefire candidate to get the low end of the tier 1 cornerback salary, but now he’s really in the same position he was in before he accepted a one year contract this season. He’s probably going to need a noteworthy postseason to earn that money he was hoping for.

Fred Davis– There are plenty of Redskins that probably could earn a place here but I’m not sure any has been more useless than Davis. Davis did get a few opportunities yesterday was targeted twice and came up with a grand total of 0 receptions. He has just 5 receptions on the season for 38 yards. The Redskins have not been successful at much this season but they did successfully damage Davis’ value even further with multiple deactivations and letting it known how poor of a worker Davis has been for the team. I doubt he gets more than a tryout with a team in 2014.

Terrell Thomas– The return of Thomas is a nice story  for the Giants, but with the Giants likely about to undergo massive changes you have to wonder if they will look to bring Thomas back again next season or not. Outside of NY I am not sure what kind of market there will be and he simply is not a very good coverage guy.  Yesterday the Giants could not find a matchup that he could really win. He was around 6 different receivers who were targeted and each time he gave up the reception including 43 yard TD early in the game that just set the tone for the blowout to come.

New Contract Disappointment Of The Week

Erik Walden– The Colts signed Walden to a head scratcher contract worth $4 million a season because they felt he would be a good pass rusher if given more opportunities. The Bengals passed the ball 35 times on Sunday and not once was Walden close to Andy Dalton. Walden only has 3 sacks on the season and is near the bottom of the league in pressures generated. His big claim to fame this year came after being blocked out of a play by TE Delanie Walker and subsequently ripping Walkers helmet off so he could head butt him with his helmet.

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Giants save $1.55 million in Terrell Thomas’ Contract Renegotiation

Posted on by Jason Fitzgerald

Continuing their string of early offseason moves, the Giants and Safety Terrell Thomas agreed on a renegotiated contract that would give him a chance to battle back from injury and make the team in 2013. Thomas’ old contract called for a $6 million dollar option bonus to be paid in 2013, a bonus he had no chance of earning due to his injury history. Jenny Vrentas of the Newark Star Ledger shares the details of the new deal:

Thomas’ base salary is $630,000, the minimum for his experience level, which also includes a split of $358,000, i.e. a lesser value to be earned if he lands on injured reserve for a third straight year. Thomas received a $35,000 signing bonus and has a $35,000 workout bonus, and he can earn up to $500,000 in playing-time incentives — though it’s unclear what the triggers are for that money.

I can add that based on NFLPA records that the original backend of the contract was deleted as part of the renegotiation which makes Thomas a free agent in 2014. That also means that $500,000 of his original $1 million dollar signing bonus from 2012 will accelerate into the 2013 League Year. My estimates indicate that Thomas’ new cap charge will be $1.45 million, which represents a savings of $1.55 million on the Giants cap. The Giants currently have about $4.3 million of cap space based on a $121.1 million dollar cap and their individual carryover adjustment.