Willy Mo Posted July 3, 2015 Share Posted July 3, 2015 http://www.cindrich.com/fralic/Does he count against the cap? Quote Link to comment Share on other sites More sharing options...
ATLFalcons11 Posted July 3, 2015 Share Posted July 3, 2015 Wow Quote Link to comment Share on other sites More sharing options...
Drunken Minotaur Zebra Posted July 3, 2015 Share Posted July 3, 2015 We could use Fralic on this team right now, that's all I know. Dude was beast. Quote Link to comment Share on other sites More sharing options...
Tootie Quivers Posted July 3, 2015 Share Posted July 3, 2015 Folic talked about him yesterday and how good he was. Fralic is one of the most underrated olineman in NFL history. Quote Link to comment Share on other sites More sharing options...
AndySG Posted July 3, 2015 Share Posted July 3, 2015 What the- Quote Link to comment Share on other sites More sharing options...
capologist Posted July 3, 2015 Share Posted July 3, 2015 And no, that doesn't count against the cap since there was no cap back then... Quote Link to comment Share on other sites More sharing options...
Vandy Posted July 3, 2015 Share Posted July 3, 2015 (edited) It's just an annuity contract, commonly done to spread out costs of a player's contract. More often done in baseball.BTW: 4-time Pro Bowl OG Fralic is a Top 10 Falcon of all-time. Edited July 3, 2015 by Vandy Quote Link to comment Share on other sites More sharing options...
Duff_Man Posted July 3, 2015 Share Posted July 3, 2015 Magic Johnson once signed a 25 year, $25 million contract. That was in 1981. Quote Link to comment Share on other sites More sharing options...
delaigle Posted July 3, 2015 Share Posted July 3, 2015 It's just an annuity contract, commonly done to spread out costs of a player's contract. More often done in baseball.BTW: 4-time Pro Bowl OG Fralic is a Top 10 Falcon of all-time.Yea my primary retirement is from an annuity contract and that from the engineering world not sports. It use to be a common practice. Of course mine is not close to 150K. It's a mainstay since my IRA hasn't fully recovered yet. Quote Link to comment Share on other sites More sharing options...
JC Falcon Posted July 3, 2015 Share Posted July 3, 2015 They should be required to pay more players a portion of their contract into an annuity. No more sad 30 for 30 stories of broke athletes. (I think vets do get some vested pension benefits after some # of years in league). Sadly the guys responsible enough to buy annuities and setup trusts are not the ones that typically blow the money anyway. Quote Link to comment Share on other sites More sharing options...
B_Lo_Touchdowns Posted July 3, 2015 Share Posted July 3, 2015 I'd say yes since he's still alive, plus he deserves it. Quote Link to comment Share on other sites More sharing options...
B3TD Posted July 3, 2015 Share Posted July 3, 2015 Bobby Bonilla just got another million dollar check from the Mets. It used to be pretty common. Quote Link to comment Share on other sites More sharing options...
delaigle Posted July 3, 2015 Share Posted July 3, 2015 I'd say yes since he's still alive, plus he deserves it.It's not a matter of what he deserves--- it's a matter of how his contract was written.Both he and the team (usually) put money in the annuity and he draws it out after retirement.So all of that 150k is his money--part he put in and part the team put in as a contract requirement.--a delayed salary payment is one way to look at it. Quote Link to comment Share on other sites More sharing options...
JOEinPHX Posted July 3, 2015 Share Posted July 3, 2015 Magic Johnson once signed a 25 year, $25 million contract. That was in 1981.I remember that, and it was pure Jerry Buss genius. Buss bought a 25-year $5M CD that had a 20% rate of return - those were the good old days of rampant inflation - so the interest on the CD paid the entire contract and the principal was never touched.The contract was later re-negotiated of course, but at the time it was revolutionary.. Quote Link to comment Share on other sites More sharing options...
Vandy Posted July 3, 2015 Share Posted July 3, 2015 Yea my primary retirement is from an annuity contract and that from the engineering world not sports. It use to be a common practice. Of course mine is not close to 150K. It's a mainstay since my IRA hasn't fully recovered yet.Your IRA hasn't fully recovered? You need a better financial advisor.😍 Quote Link to comment Share on other sites More sharing options...
delaigle Posted July 3, 2015 Share Posted July 3, 2015 Your IRA hasn't fully recovered? You need a better financial advisor.Oh it's back to where it was in 97---(96 was my 30 year point)---it's just not where it was "projected" to be in 2015 in 2017 I'll be75 and can use it --so my 70% annuity is much better --if it had been left up to me it would have all been annuity no IRA Quote Link to comment Share on other sites More sharing options...
FalconFanSince1970 Posted July 3, 2015 Share Posted July 3, 2015 One of the worst Falcons teams in history had 2 of the greatest players our franchise has ever seen. The 1989 team that went 3-13. Pro Bowler Bill Fralic at right guard, and rookie Deion Sanders at corner.The end of one of the worst seven year runs in franchise history. That was the year I became a season ticket holder. Sat in AFCS with 7,000 faithful Falcons in 30 degree weather with rain coming in sideways as a rookie named Barry Sanders ran over us to close out the season at 3-13. Quote Link to comment Share on other sites More sharing options...
jeffro2000 Posted July 3, 2015 Share Posted July 3, 2015 Cindrich was a great negotiator back then it seems. His contract was bigger than the #1 pk (Bruce Smith) also. Imagine that in recent NFL history, back when Rookie deals weren't on a scale. An OG getting a bigger deal than a #1 DE.I read once they threatened he would become a pro wrestler. Don't know if true. Fralic was a Tackle in college right but always played inside for us correct? Quote Link to comment Share on other sites More sharing options...
Falconsfan567 Posted July 3, 2015 Share Posted July 3, 2015 The Mets are paying Bobby Bonilla $1M a year until 2035. Quote Link to comment Share on other sites More sharing options...
FalconFanSince1970 Posted July 3, 2015 Share Posted July 3, 2015 Cindrich was a great negotiator back then it seems.His contract was bigger than the #1 pk (Bruce Smith) also. Imagine that in recent NFL history, back when Rookie deals weren't on a scale. An OG getting a bigger deal than a #1 DE.I read once they threatened he would become a pro wrestler. Don't know if true. Fralic was a Tackle in college right but always played inside for us correct?I believe he threatened to be a wrestler if a certain team drafted him. I think it was MIN. Also his dad made him do the annuity. He said it's the best thing he's ever done. Quote Link to comment Share on other sites More sharing options...
Romfal Posted July 4, 2015 Share Posted July 4, 2015 lol Quote Link to comment Share on other sites More sharing options...
lee sunset Posted July 4, 2015 Share Posted July 4, 2015 Smart man Quote Link to comment Share on other sites More sharing options...
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