Klis: DJ Williams saves the team money
Broncos linebacker D.J. Williams had a $4.5 million roster bonus due March 2 that was converted into a more salary cap-friendly signing bonus, money guaranteed. (Getty Images)By agreeing to change essentially one word in his contract, linebacker D.J. Williams provided the Broncos with $3.6 million in salary cap relief for the 2009 season.
In return, Williams was rewarded with the peace of mind that came when his bonus was transferred from possibility to certainty.
This is what the business side of sports calls a win-win.
Williams' $4.5 million roster bonus due by March 2 was converted into a signing bonus. Signing bonuses, unlike roster bonuses, can be prorated over the length of a contract, or five years in Williams' case.
The prorated portion of Williams' signing bonus comes out to $900,000 a year. There was no reason for Williams to hesitate over the change in contract language because his
Contracts could become a major order of business this week as the Broncos send their new management team of coach Josh McDaniels and general manager Brian Xanders to the NFL scouting combine in Indianapolis. The combine begins today and runs through Tuesday.
Besides Williams' revised deal, the agents for center Casey Wiegmann and wide receiver Brandon Marshall are hoping the Broncos will be amenable to discussing contract extensions this week in Indianapolis. Wiegmann, who is to receive the veteran minimum $845,000 salary in 2009, and Marshall, who is scheduled to make $2.2 million, are in the final years of their contracts.
There had been preliminary discussions between their agents and Broncos executives Jim and Jeff Goodman, but the Goodmans were dismissed last week. Talks would have to begin anew with Xanders.
Financial commitments are part of every player evaluation, as was the case Monday when the Broncos cut six veterans, including defensive starters Dewayne Robertson, John Engelberger, Marquand Manuel and Jamie Winborn. The cuts generated $22.2 million in cap savings — $16 million from Robertson alone.
The Broncos may also be facing a decision on outside linebacker Boss Bailey, who is due a $2 million roster bonus in early March. Bailey played well when healthy last season but suffered a season-ending injury in Week 7.
Among the Broncos expected to receive their respective roster bonuses due by March 2 are cornerback Champ Bailey ($2 million), guard Ben Hamilton ($500,000) and wide receiver Brandon Stokley ($500,000).
Nice work there by Xanders and D.J. and his agent. I saw something saying that Denver ended up taking a net loss on the Bly cut and if that's the case, Tuesday's overall results would end up lessening the loss. Bly's cut was a net loss of $5.8 M, so the loss is closer to $3.2 M now.
Good to hear we're gonna pay B-Marsh before he hits the market next year.
I love McD and Prof. X for what's going on right now. They're like friggin Ernst & Young over there at Dove Valley auditing and fixing everything.
This is a Fan-Created Comment on MileHighReport.com. The opinion here is not necessarily shared by the editorial staff of MHR
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29 comments
Comments
Nice Find...
And nice E&Y reference. A former employer of mine….
-TSG
SBNation's Denver Broncos Blogger
MileHighReport
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by John Bena on Feb 18, 2009 10:04 AM MST reply actions 0 recs
Hopefully this year our assets will exceed our liabilities
lets see if we get there
We still have LOTS of work to do.
by super7 on Feb 18, 2009 10:19 AM MST up reply actions 0 recs
A former employer of mine too, coincidentally...
I interned there when I was in college.
"I am not one of those who think that coming in second or third is winning." -- Robert F. Kennedy
by Ted Bartlett on Feb 18, 2009 11:02 AM MST up reply actions 0 recs
When would that be???
I was there from 97 – 02. Huntington Building….
-TSG
SBNation's Denver Broncos Blogger
MileHighReport
Questions, Comments...E-Mail Me!
milehighreport@gmail.com
by John Bena on Feb 18, 2009 11:10 AM MST up reply actions 0 recs
January - March, 2007
Public accounting wasn’t for me, it turns out. I work in the Huntington Building still, though, for a business which EY used to own, and I am the finance manager for the EY account team, because they’re still our largest client.
"I am not one of those who think that coming in second or third is winning." -- Robert F. Kennedy
by Ted Bartlett on Feb 18, 2009 6:22 PM MST up reply actions 0 recs
cool
by poorboywilly on Feb 18, 2009 10:14 AM MST reply actions 0 recs
That would be dumn now....
You cut a player to avoid a roster bonus NOT after you’ve guaranteed their money.
by SlowWhiteGuy on Feb 18, 2009 10:21 AM MST up reply actions 0 recs
precisely
why he won’t suspect it…
Jason
The Hanging Curve
by poorboywilly on Feb 18, 2009 10:25 AM MST up reply actions 0 recs
If they had cut him they wouldn't have had to pay him....
Now it’s guaranteed so they would have to pay him. That’s just financially stupid.
by SlowWhiteGuy on Feb 18, 2009 10:40 AM MST up reply actions 0 recs
But it would be unexpected...
The MAN expects us to keep him. Stick it to the MAN! Cut his ass!
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by papigrande on Feb 18, 2009 11:02 AM MST up reply actions 0 recs
Dude, you guys are crazy
you’re getting trigger happy w/ the cuts. DJ’s good. I’m as harsh a critic as any on "waiting for DJ to have a break out/All-Pro year but he’s a heck of a player and we have to see what he can do with better players around him.
by super7 on Feb 18, 2009 11:40 AM MST up reply actions 0 recs
Soooo unexpected...
Signing bonus: 4,5 mil.
Regular pay: 2 mil.
Look on his face when we cut him: Priceless
by Jeeeeens on Feb 18, 2009 12:35 PM MST up reply actions 0 recs
WOW...
I’m telling you, seems like a few people don’t quite get the sarcasm in those comments.
by Chuck "DeadDrunk" Breedlove on Feb 18, 2009 1:44 PM MST up reply actions 0 recs
yeah
I’m still in disagreement of the Bly cut, I guess the sarcasm didn’t make it through the toobz ;)
Jason
The Hanging Curve
by poorboywilly on Feb 18, 2009 8:24 PM MST up reply actions 0 recs
This is smart management...
Restructuring contracts for the benefit of both parties. That’s why X was made GM. The ability to analyze contracts and see where they can be rewritten to benefit the team and the player.
by SlowWhiteGuy on Feb 18, 2009 10:20 AM MST reply actions 0 recs
I really like locking your players up
Like they did with DJ last year and are planning to with Marshall.
Marshall won’t be cheap though, but certainly cheaper now than if we have to tag him next year.
Random quotes about the raiders:
They really shouldn’t play — Chris Collinsworth (12/5/08)
This is an utter disaster — Chris Collinsworth (12/5/08)
/The great Dane - formerly known as Claaaaas!
by Claus Vestergaard on Feb 18, 2009 10:30 AM MST reply actions 0 recs
Exactly
Its weird that we had lots of room under the cap last year and DIDN’T lock B-Marsh up last year.
Can anyone elaborate on why Denver didn’t. Were they worried about his injuries sustained in the offseason?
Its puzzling.
by super7 on Feb 18, 2009 10:41 AM MST up reply actions 0 recs
B-Marsh
Broncos didn’t lock him up last year because (IMO) his injury and his suspension and the reasons for it – all his arrests, his problems with the girl friend from hell, etc. He now seems to have put it all behind him, and is maturing into a very nice young man, and an incredible football player.
Truly the light is sweet, and a pleasant thing it is for my eyes to behold the sun.
Ecclesiastes
by bradley on Feb 18, 2009 11:11 AM MST up reply actions 0 recs
I figure so much as well
I guess in hindsight I may have been wary last year too. Now’s probably the right time.
by super7 on Feb 18, 2009 11:38 AM MST up reply actions 0 recs
Super...thanks for the article...
DJ must be tired of losing….
His record at De La Salle: 48-0 with 4 State Championships
His record at The University of Miami: 35 – 2 with 1 National Championship
So before DJ came here his football record since high school was 83 – 2… I would give back some money too after being 47 – 33 as a pro with two playoff visits and only winning won post season game.
"I am not trying to start anything I am just saying that i think if you take Knowshon and draft D later you guys will be hella good next year" ...IamtheGreatest - The smartest Chiefs fan I ever had the priviledge of reading!
by Steve O' on Feb 18, 2009 11:00 AM MST reply actions 0 recs
DJ gets it
What I like about this is it shows that DJ is still confident about being able to produce on the field. There is no doubting his physical skills, but what worried me more than anything was that all his struggles since he came here could wear down his morale, making him the equivalent of a burnout.
A deal like this says that he still has a long-range perception of himself as an NFL player,a nd that comes from confidence: both in himself and the situation he is in.
Concision in style, precision in thought, decision in life.
by Jeremy Bolander on Feb 18, 2009 11:04 AM MST reply actions 0 recs
Exactly - and it shows that he feels confident that..
he will be used as a major cog in the defense in 2009. Whether that means ILB or OLB.
by super7 on Feb 18, 2009 11:37 AM MST up reply actions 0 recs
DJ
Although this was a no-brainer for him, he’s always been and continues to be a team guy.
aka MN Bronco
by pubkeeper on Feb 18, 2009 12:04 PM MST reply actions 0 recs
I would like to see his sack total rise also mabey 6 is that asking too much ?
Then we will know for sure he is back on the road to elite status !
by broncosfaninphilly on Feb 18, 2009 5:39 PM MST reply actions 0 recs
I think it depends on what he is asked to do
So far in his career he has proved he can do it all. I think if he unleashed at the QB with no regard for anything else…than he will have plenty of sacks and pressures. DJ is a gifted athlete.
"I am not trying to start anything I am just saying that i think if you take Knowshon and draft D later you guys will be hella good next year" ...IamtheGreatest - The smartest Chiefs fan I ever had the priviledge of reading!
by Steve O' on Feb 18, 2009 5:47 PM MST up reply actions 0 recs
well, mcD did say he wants versatile athletes...
so, here’s DJ. ;)
by Chuck "DeadDrunk" Breedlove on Feb 18, 2009 8:36 PM MST up reply actions 0 recs
Looking at this
It looks like the money we saved with DJ redoing his contract offset the loss he took when Bly was cut
by gnarlybroncodude on Feb 19, 2009 5:26 PM MST reply actions 0 recs

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