@unsympathetic said:

High interest rate at signing is very good for buyers because it signifies seller acceptance of the riskier landscape -- via the combo mechanism of [1] decreasing the asset price because the initial/higher price didn't receive a bid and [2] funding $$ demanding higher return as overall default rate has increased.

As well, higher rate means that later refinancing can capture substantial rate savings. 

The ideal time to buy a home [from the perspective of the buyer, not the seller] is when interest rates are at their peak, not at their trough. Of course, the seller wants interest rates as low as possible..

The accurate analysis is to think of a constant monthly budgeted amount for a payment.. if the principal is held high, then interest is a small % of the payment.  As more risk is acknowledged, the principal is decreased and interest captures a higher %.

Realtor?

@mjp28 said:

Good NFL starting quarterback,  yes.

Overpaid even in Jerryworld, yes.

Worth being the highest paid NFL quarterback, no.

It was simply Dak's turn to be King of the Mountain.

That plus sticking it to Jerrah because he could.

It'll last about a season...

@axe said:

Well, actually it can when you realize Brady has career earnings of $288 million

Even Tom admitted it... https://bleacherreport.com/articles/2834412-tom-brady-i-take-pay-cuts-with-patriots-because-my-wife-makes-a-lot-of-money

But there's also the "relationship factor". Tom had great ones with both his HC and owner.

Dak? Not so much...

As well, higher rate means that later refinancing can capture substantial rate savings. 

The ideal time to buy a home [from the perspective of the buyer, not the seller] is when interest rates are at their peak, not at their trough. Of course, the seller wants interest rates as low as possible..

The accurate analysis is to think of a constant monthly budgeted amount for a payment.. if the principal is held high, then interest is a small % of the payment.  As more risk is acknowledged, the principal is decreased and interest captures a higher %.

@axe said:

Only if they want to win within a system that employs a salary cap.

And we're kind of dealing with hypothetical situations......sorta.

Generally run away salaries or prices don't have happy endings.  Some of us have lived through that.

From a 21% prime rate in the late 70s/early 80s to virtually free money today, oh yes there are definitely winners and losers along the way generally followed by a big crash.

Fun with money.

@dutch-oven said:

So a person should give up money they could earn for the greater good of others?

Oh, the irony. Nice profile pic, by the way. 

Only if they want to win within a system that employs a salary cap.

@axe said:

Well, here's how I slice it.. Win something first and then demand your money.. Until then, get comfortable but don't hamstring your team with your never won nothing I'm a Diva contract. Leave them room to put the pcs in place so you CAN win something..

Baker, ya listening?

So a person should give up money they could earn for the greater good of others?

Oh, the irony. Nice profile pic, by the way. 

@jrb12711 said:

No matter how you slice it, it's insanely easier to leave money on the table when it's growing on your trees. I'm not going to fault guys for not taking a pay cut compared to the situaton TB12 has had the last 10+ years of his career.

Well, here's how I slice it.. Win something first and then demand your money.. Until then, get comfortable but don't hamstring your team with your never won nothing I'm a Diva contract. Leave them room to put the pcs in place so you CAN win something..

Baker, ya listening?

@sdbacker80 said:

And I wouldn’t want to be the Ravens.

Franchise QB.  MVP.  

They are paying a scrambling QB money into his late 20s and into his Early 30s.

Oh yeah..... everytime any wild, crazy running QB gets that look and just takes off...... meanwhile a big LB or SS gets that look and thinks ? I'm going to smack that overpaid smartazz QB.

And ~ SPLAT ! ~  Time for the concussion tent.     

@texasag1969 said:

He is not average but he does need an OL now, not unlike Baker before last year.

He's average... He has Romoitis!

@jrb12711 said:

No matter how you slice it, it's insanely easier to leave money on the table when it's growing on your trees. I'm not going to fault guys for not taking a pay cut compared to the situaton TB12 has had the last 10+ years of his career.

Well the Players Union may have had another opinion on that when you are at the top or near the top....You get paid.... not only for yourself but the amount you get can/should improve the contracts of others.

@axe said:

Well, actually it can when you realize Brady has career earnings of $288 million

No matter how you slice it, it's insanely easier to leave money on the table when it's growing on your trees. I'm not going to fault guys for not taking a pay cut compared to the situaton TB12 has had the last 10+ years of his career.

@mjp28 said:

And TB12 has played longer than Moses but if he hangs around for 1 more year he'll hit $300M+ ......... just football.

He is in the process of restructuring and extending his contract to free up cap space for the Bucs. No small reason I'm sure as to how the Bucs resigned Lavonte David and tagged Chris Godwin.

Prescott and his deal effectively prevent the Cowboys from being able to afford upgrades.

https://www.spotrac.com/nfl/cap/

Franchise QB.  MVP.  

They are paying a scrambling QB money into his late 20s and into his Early 30s.

@axe said:

Well, actually it can when you realize Brady has career earnings of $288 million

And TB12 has played longer than Moses but if he hangs around for 1 more year he'll hit $300M+ ......... just football.

@jrb12711 said:

That decision to take pay cuts is about 10000000000x easier when your wife is worth $400 million by herself and grosses $40-60 million dollars annually. That really can't be understated.

Well, actually it can when you realize Brady has career earnings of $288 million

@mjp28 said:

Good NFL starting quarterback,  yes.

Overpaid even in Jerryworld, yes.

Worth being the highest paid NFL quarterback, no.

The thing is, highest paid QB in the league has been nothing more than a benchmark, not some badge of honor. I'm almost positive Derek Carr, Jimmy G, and Kirk Cousins were technically the highest paid dudes for a while when they first got their deals. Again, we're just going to disagree that he's only "good". Prescott from a stats standpoint would have been a top 3-4 MVP vote getter if healthy.

All I'm going to say is that Baker, barring serious regression, is going to get a very similar deal. You may want to strap in if this deal doesn't make you happy from a money standpoint.

For all of the numbers https://www.spotrac.com/nfl/rankings

@jrb12711 said:

Dak Prescott is a top 10 (albeit on the 9-10 range) QB in the NFL. I genuinely don't get how people don't see that, and stats and data support that as well. He's firmly in the "tier 2" of QB play (which is where I'd put Mayfield, as well). You could argue before being injured he was playing at "tier 1" level as well. Dude was 4th in QBR in 2019, and was on pace to be a top 5 QBR type player in 2020 as well. Deshaun Watson and Prescott have eerily similar stats, yet somehow Watson is worth the money? Come on. 

If you want to argue the QB's are getting too much money, how it impacts the cap? I'm with you. But Prescott absolutely deserves to be paid as a starting NFL QB, and Mayfield will too if he puts up a similar year to 2020.

Good NFL starting quarterback,  yes.

Overpaid even in Jerryworld, yes.

Worth being the highest paid NFL quarterback, no.

@jrb12711 said:

Dak Prescott is a top 10 (albeit on the 9-10 range) QB in the NFL. I genuinely don't get how people don't see that, and stats and data support that as well. He's firmly in the "tier 2" of QB play (which is where I'd put Mayfield, as well). You could argue before being injured he was playing at "tier 1" level as well. Dude was 4th in QBR in 2019, and was on pace to be a top 5 QBR type player in 2020 as well. Deshaun Watson and Prescott have eerily similar stats, yet somehow Watson is worth the money? Come on. 

If you want to argue the QB's are getting too much money, how it impacts the cap? I'm with you. But Prescott absolutely deserves to be paid as a starting NFL QB, and Mayfield will too if he puts up a similar year to 2020.

^^^This.

Where were you with this spot on opinion weeks ago when I had my Dak Pom Poms on. 

And The next QB in line to get paid will get a ridiculous contract too and the one after that as well. 
 

It has become a passing league and position most in control of that is the QB.  Flip side it has become a disrupt the passer league you can’t touch WR so you need to disrupt the QB with pressure.

It is no wonder that QBs and Pass rushers get paid.  The system is not flawed. They are the two most important positions in the game. 

@axe said:

That decision to take pay cuts is about 10000000000x easier when your wife is worth $400 million by herself and grosses $40-60 million dollars annually. That really can't be understated.

If you want to argue the QB's are getting too much money, how it impacts the cap? I'm with you. But Prescott absolutely deserves to be paid as a starting NFL QB, and Mayfield will too if he puts up a similar year to 2020.

This just keeps driving UP the insane NFL QB arms race, real bad for the small market teams and overall salary caps everywhere.