This offseason has already seen the making of a memorable one for history. Big crazy trades and free agent signing has set an overcast in the journey to the upcoming NFL Draft. One signing, in particular, would be the San Francisco 49ers acquisition of Pro Bowl corner Richard Sherman. Sherman, whose season was cut short after an Achilles injury in week 8, agreed to a contract worth up to $39.15 million dollars for three years, three days before free agency opened up. But there has been some controversy surrounding the deal itself and Sherman’s role in it. It is reported that Sherman himself handled the negotiations without the representation of an agent.
Some questions now have surfaced to why Richard Sherman would go this route and the future of players handling their own affairs pertaining to contracts. Some see this as the future of the league while others see this as Richard Sherman’s ego getting in front of his talent once again. Sherman has been critical of how agents operate and encourages a path for players to be more proactive in these areas. However, the same can be said about the team he signed to minutes after he was released, comprised a deal that many have criticized.
First, let’s talk about the contract. Richard Sherman has signed a deal that is worth $39.15 million dollars. The key word is “worth”. Most NFL contracts, like other sports and management positions, are worth a dollar amount. Most of the money to be earned is tied up in incentives, bonuses and allowances. Sherman’s deal includes $3 million dollars in full guarantees, $7 million in practical guarantees and up to $9 million in earnings baring injury during the 2018 season.
In an offseason where the value of individual prospects and a team’s desire to certain prospects have set an unprecedented amount of money for their acquisitions, this deal doesn’t seem to make much sense. This could be a fault towards Sherman who essentially worked out the deal himself. This contract is purely based on Sherman’s ability to stay healthy and perform at a high level. However, this opens a door for other players. Sherman, who is also a Stanford grad, is a key player in the NFLPA and knows how the business works. If players are to take the same route, they too might be able to capture some control in the debating process.
Players ultimately have all the power. They decide whether to take deals or leave hem on the table. Agents look to give them the best deal possible. In return, this could leave the player losing the ability to play for a favorable destination. Not saying that players aren’t sitting at the negotiation table but what Richard Sherman did, extends the amount power a player has.
Because of this, the player is able to negotiate a deal that they might feel is good for them. Most agents meet with teams with a hardline offer and it doesn’t really dip or bend from there. Plus with the ability of players to sit out, this pretty much twists the hands of management into submission. Most teams now have tried to stay away from hardline offers as they have led to some of the worst deals. Kirk Cousins suffered from franchise tag-itis because of The Washington Redskins horrible deal with Albert Haynesworth. As other teams have been ultimately forced to give in to player demands. If players want to take slashes in their guaranteed money in favor of being placed with the team that they desire to be on, then they should have that power.
What makes this deal seem sour is the subject at hand, Richard Sherman. Richard Sherman anchored one of the best defenses in five years that led to two Super Bowl appearances and one Super Bowl title. With the right defense, Richard Sherman is arguably the best cornerback in the National Football League. With that being said he should be paid accordingly to his value. Looking at this contract, it seems that he is selling himself a bit short. For example, as an analogy, Richard Sherman believes he should get $10 million dollars a year. Team A is willing to give him $10 million dollars and Team B is willing to give him $15 million dollars.
Your value isn’t the price tag that you put on yourself but rather how much someone is willing to pay. Despite his wishes, Richard Sherman is worth $15 million dollars in actuality. In comparison to the deal made in reality, Sherman would never see those $15 million dollars. If he never talks to Team B, it would be impossible. The idea of him not talking to other teams is quite depressing. He would never fully exercise the potential of the deal. This could be a downside for players who really want to play for a particular team and might be blindsided by their “wants” when they should focus on what should be owed to them.
At the end of the day, Richard Sherman has to accept or decline a deal. This particular deal is what he wanted and it is what he got. Other players in the future may not be so lucky. Determining a players’ value really depends on a broad spectrum. It’s not a discussion with a team who only really seems to benefit themselves and not the player. Despite this, a lawyer never acts as a legal representation for himself and a doctor doesn’t examine herself.
Agents are there to work out a deal. They know more about the process and are able to twist numbers and squeeze out the best deal possible. If that means shelving off between 1.5% to 4% in earnings so be it, there is no such things as a free lunch. In the future, negotiations should be left to agents as most believe that one would never let Sherman walk away with that deal. Sherman’s deal isn’t bad at all for other cornerbacks.
However, for an all-pro player, that gravitates a brand presence and is arguably the best cornerback in the league, it’s a terrible one. This contract is a deal for players that are on the cusp of proving themselves. For Sherman, he doesn’t have to. Despite suffering an injury and turning 30 years old in a matter of days, Richard Sherman has already proved his worth. A contract suited for someone who hasn’t is deplorable in his situation.
Fortunately, Richard Sherman got the deal he wanted. He went to the team he wanted and is in the best situation for himself. He’s happy and everyone should. More than likely, the deal will mature to be a wise one. It also might open the doors for other players to follow. On the other hand, if it flops, it would be a disaster and cemented as “pulling a Richard Sherman”. Who knows? Only time will tell.