Surprising details about Lito Sheppard's new deal
Lito Sheppard was traded to the Jets over the weekend in a deal that netted the Eagles a 5th round pick this year and a conditional pick next year. The conditional pick could be anything from a 4th to a 2nd rounder. Lito also got a new contract as part of the deal... Now we've finally got details on that contract and how it affects the Eagles.
Pretty surprising how far this guy's stock has fallen.
• Technically, there's no guaranteed money in the contract. Sheppard will make $3 million this season, the same he would've made with the Eagles.
• In March, 2010, there's a $10 million option bonus. If the Jets decide to pay it, a new four-year, $27.2 million kicks in.
• If Sheppard is injured and misses considerable time, the Jets can get out of the deal after one year and they wouldn't owe the Eagles a draft pick in 2010. If that's the case, all it would've cost them is a fifth-round pick in the '09 draft. One person familiar with the deal said it could amount to a "one-year test drive" for the Jets.
• The conditional pick in '10 can rise to a second-rounder, but only if he hits an 85% playing-time plateau AND receives the four-year extension. And if that does happen, the Jets would get a fifth-rounder back from the Eagles.
• If Sheppard makes 85%, but doesn't receive the extension, the Jets would owe a third-rounder to the Eagles and would recoup a fifth rounder.
Not as good a deal for the Eagles as it first sounded. It certainly could be good, but watching Lito these past 2 years I can't say that I'm confident in ever seeing that second rounder. On the other hand, Lito is basically playing for a big contract this year and hopefully that's motivation enough for him to stay on the field and play like he was 3 or 4 years ago.
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Fuck
I didn’t realize all these caveats existed. If he doesn’t play 85% of the time (when did he last do that) and/or they don’t give him the contract extension then we really didn’t get great value for him. Here I was thinking they had actually made a good move.
in reality it was probably take this or release him, so at least they got something.
With Revis on the other side you can bet Sheppard is going to see a lot of balls his way hopefully he is up for it.
"I need to do a better job of putting players in the right position to perennially come up short of expectations"
Agreed
He wasn’t going to play here and was taking up a roster spot. Something is better than nothing.
Pirate's Booty
If they decided to keep him Lito gets a $10M roster bonus!?
Even in the event of an uncapped year, that sounds like a considerable chunk of change.
Quick glance of potential FA DB’s next year.
http://www.kffl.com/static/nfl/features/freeagents/fa.php?option=DB&y=2010
by andyreidswaistline on Mar 2, 2009 12:33 PM EST reply actions
I know hindsight is 20-20
But it sure seems like they should have taken the alleged 2nd round pick for him last season. I’d be surprised if the Jets decide to pick up that 4 year option.
by Baron Dainer Von Tresvant on Mar 2, 2009 1:00 PM EST reply actions
And I heard
that Lito was making noise about not going anywhere where they would not give him a new contract. Other teams didn’t want that headache.
So thanks, Lito.
Idiot.
Hopefully he stays healthy
I know he has played bad the past 2 years but I think that this year if he is healthy that were getting that 2nd rounder. Lito is naturally gifted enough to have a good season and I think in a whole season he could get around 3-5 picks
The fifth alone
is pretty good for a fourth corner who was going to be released.
Anything else is gravy.
What’s the scenario where we get a 4th next year? And if we do they recoup our 5th?
by andyreidswaistline on Mar 4, 2009 10:44 AM EST reply actions

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