Todays Denver Post article, by Mike Klis titled Tebow's bonus for playing time is relatively affordable, is very deceptive, if not inaccurate. Why?? Is he attempting to deflect criticism from Elway, by showing that there is little financial incentive to not play Tebow - implying finances have nothing to do with keeping Tebow on the bench.
But Klis's article only discusses Tebow's "one timer" bonus; and states that Tebow will get only a one time additional bonus of $472,500 if he plays 45% of the snaps this year. That is a small amount relative to the overall salary cap. However, there are much more significant escalators in Tebow's contract, that are not mentioned, even though Klis reported them a long time ago. Using Klis's words from his 08/03/2010 article, - Tebow's contract doubles from $11.25 million to $22.5 million if he reaches 55 percent playing time in two of his first three seasons, 2010-12 (and he/Broncos reach some other thresholds). That's an additional $11.25 million - a significant increase that would detract from the Broncos ability to get/keep other talented players.
Why did Klis not even mention this very significant escalator in Tebow's contract? Also, Klis's 08/03/2010 article stated the 45% playing time bonus was worth "$1.5375 million". What happenned to reduce it from over $1.5 million to under $0.5 million? Is Klis even reporting facts correctly?