Truth & Rumors > NFL
$5M a year not enough security for Williams
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08:03 AM ET 08.21 | Cary Williams, who turned down a contract offer reportedly in the neighborhood of $15 million over three years, has chosen to roll the dice. Williams is betting on himself by deciding to play out the final year of his contract with no talks currently being held. He'll be an unrestricted free agent after this season. ... "I love playing for the Ravens. I would love to be here, but right now we're just in the negotiation stage. For me to say the money ain't good, that wasn't the case. It's good money, but my job is to make the most money I possibly can for my family. I'm thinking about my daughter and any future children I want to have. I want some kind of security, and the deal we had wasn't like that."
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Kate Bock
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Comments (33) Add A Comment
He must expect his children to have expensive tastes.
SouthernBlueFan
Auburn , AL
Total Comments (1965)
The grass is always greener. Us common folk aremable to support our families on a lot less than that.
Amished Mafias
Heidelberg, GR
Total Comments (205)
Maybe he's smart enough to realize that he isn't smart enough to find a job after football.
Debbie Does
Total Comments (20006)
his grocery bill is high like other famous athletes have commented during contract discussions.
TxHeat
Total Comments (13646)
In life there are many choices!!!
Not4Nutten
Total Comments (9894)
I think this is a very savvy business move on the part on Cary Williams. It's very risky but none-the-less savvy. He is betting on him having a season that increases his value. How aggravating would it be to have an All-Pro season in what would have been a contract season but knowing that you'd just signed a three-year deal? He'll be in a very advantageous negotiating position at the end of the season if all of this works out.
Keepinitreeuh
Total Comments (206)
$5 million / year for 3 years if all guaranteed could be quite a nest egg. His family may have to cut back a tad, maybe Mercedes for the kids instead of Bentleys, but they could survive on it. That being said, go for all you can get dude, I would rather see the players get the money, than the owners keep it.
Mangler.
Total Comments (11440)
Maybe he just watched the movie Jerry Maguire on DVD. And maybe he'll find out that life doesn't have a Hollywood ending.
SouthernBlueFan
Auburn , AL
Total Comments (1965)
Savvy? Whats savvy about it. Any dope can play out a contract and risk having an injury and then have zero leverage. Dont hold your breath waiting for some player to hire you as their agent.
Heywood Jeblowme
Total Comments (247)
Bad call Cary ! This just in- it would be good if your kids grew up and knew they needed to have and hold jobs themselves.That would be doing right by your Family.
Harry Crack
Total Comments (7127)
Given the reported child support obligations of TO, that $15 million would still not be enough to cover his debts. Child support runs a long, long time.
Debbie Does
Total Comments (20006)
While all of you are on your sarcastic high horses today...lets remember this is the NFL, not the NBA. The contract is NOT guaranteed and its rarely paid out in full. It could have been severly backloaded to ensure he does NOT see all of that money. So in essence, he should hold off for the larger signing bonus, as that is the only guaranteed money. A 3yr/15Million deal is just how they set it up for the salary cap....its his body and his life, no way I can tell another man whats best for him. I wont have to live with the complications from playing pro ball later in life.
DR_Universal
Charlotte , NC
Total Comments (1875)
It doesn't have to be guaranteed, but a lot of them are. But, you're probably right on this one. In Williams's own words, " I want some kind of security, and the deal we had wasn't like that." That kind of says they are at odds over how much is guaranteed.
Debbie Does
Total Comments (20006)
His agent keeps like 30% of that right? Still, having 10 million to fall back on with one daughter ain't a bad deal.
Still, if he really thinks he can get more, he should go for it.
Athegates
Total Comments (2922)
An NFL agent is limited to 3% of a players "playing salary." Endorsements and other outside income are not limited. Not sure about bonuses and incentives.
Debbie Does
Total Comments (20006)
Or if they grow up to find he turned down 5 M and they live in a dump because he was 'worth more'.
shiprock
Total Comments (11571)
30%? Where do I get me an agent license :)
shiprock
Total Comments (11571)
Good point ! Not exactly a "Way to go Dad " moment
Harry Crack
Total Comments (7127)
Believe me, I'm not holding my breath. But, thank you for the sage advice. If a person doesn't feel confident enough to bet on himself, what does that say about him? Cary Williams' stock has been rising for the past four years. Ozzie Newsome knows this. That's why the offer was made. A good GM has good players under contract during the peak of their productivity. Williams has a chance to be on the open market for the peak of his productivity. You feel like he should play it safe. Cary Williams feels otherwise. I'm inclined to agree with Williams.
Keepinitreeuh
Total Comments (206)
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