Allen signs 4-year contract with the Jaguars

[UAfanatic]

$481,000 per year.  (Sorry that I don't know how to post the link from my cell phone.)

It goes up 90,000 each year.

[UAfanatic]

Year           Age   Base Salary   Signing Bonus   Cap Hit         Dead Cap
2016   23   $450,000    $31,068    $481,068    $124,274
2017   24   $540,000    $31,068    -   $571,068    $93,206
2018   25   $630,000    $31,068    -   $661,068    $62,138
2019   26   $720,000    $31,070    -   $751,070    $31,070

[OPoraquê]

So with the "85% rule" Allen will still earn just over a half million.  God bless him.  Even if it all ends at this year's training camp the kid whose truck was egged and burned a few years back (still unacceptable) will still have earned a pretty enough penny for one summer's work with the NFL.  Hope he succeeds beyond his wildest dreams, and/or can get a front office job in the league somewhere if he wants.  The young man's certainly smart and wise enough to do so.

[ricepig]

So with the "85% rule" Allen will still earn just over a half million.  God bless him.  Even if it all ends at this year's training camp the kid whose truck was egged and burned a few years back (still unacceptable) will still have earned a pretty enough penny for one summer's work with the NFL.  Hope he succeeds beyond his wildest dreams, and/or can get a front office job in the league somewhere if he wants.  The young man's certainly smart and wise enough to do so.

Find the 85% rule in the new CBA.......if you can.....

[longpig]

This is the best I could come up with on guaranteed money. The amounts are dated but are after CBA.

"1.  All rookies get paid the minimum of $390,000 IF YOU MAKE THE TEAM.   Thats $22, 941 per week for 17 weeks.   
2.  GUARANTEED CONTRACTS ARE only given to the top 4 rounds, very few/some  in round 5.  Round 5 and down, the only GUARANTEED money is the signing bonus."

http://www.cvhspreps.com/index.php?option=com_smf&Itemid=137&topic=21800.0;wap2

Something else I read stated that first half of the 1st round typically gets the full four years salary guranteed, two years guaranteed through round 2.

[OPoraquê]

Man, Ricepig...you'd think I'd said Allen played hs ball at Bentonville or something.   (jk...I'm learning things from you and others here on this thread.  Appreciate it.)

[ricepig]

Man, Ricepig...you'd think I'd said Allen played hs ball at Bentonville or something.   (jk...I'm learning things from you and others here on this thread.  Appreciate it.)

I hope he gets all 4 years guaranteed, lol. If you look up the contracts on sportstrac, it will tell you what's guaranteed.

[MinerMan24]

I think he can be a long term backup QB who doesn't force the ball and manages the game.

[OldCoot]

He'll only make the $450,000 if he makes the roster.

Hell, that will look nice in the bank.  Instant start to a good retirement fund.

[lahawg1]

What does a typical college graduate start out at (on average) 75K? Yeah he will have a monumental head start on life, way better than I had.

[FraggleHog]

Allen just needs to hang on and get through his first contract. The 2nd contract is where he'll make the real $$. He has the head and skills to do it. There's a huge need for quality backup QB's in the league these days with all the injuries to starters.

[ChitownHawg]

What does a typical college graduate start out at (on average) 75K? Yeah he will have a monumental head start on life, way better than I had.

Not even close - $52k for a business degree which makes your point even stronger.   

http://naceweb.org/s01272016/stem-grads-earn-highest-starting-salaries.aspx

[lahawg1]

Not even close - $52k for a business degree which makes your point even stronger.   

http://naceweb.org/s01272016/stem-grads-earn-highest-starting-salaries.aspx

You are correct, I was just taking a swag at it and was too lazy to look anything up.