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That's a lot of money for a backup

Holy crap.

Matt Schaub, who spent the first three years of his NFL career as a backup to Mike Vick in Atlanta, just signed a six-year, $48,000,000 deal with the Houston Texans, according to ESPN.com's Len Pasquarelli, who did use quotes this time.

Schaub was acquired by the Texans in a trade with the Falcons, who received some draft picks. Thus spake Pasquathustra:

As for the Falcons, the trade allows the cap-strapped team to essentially recoup the $2.3 million qualifying offer it made to Schaub and invest that money elsewhere. And the haul the team received in the trade -- a swap of first-round choices in 2007 and second-round picks in the 2007 and 2008 drafts -- provides Atlanta with considerable flexibility.
So, in other words, good move for Atlanta, a team already set at the quarterback position. They picked up some good draft choices for a backup who didn't play much anyway. What's even better is that, by giving the Texans Schaub as a new starting quarterback, the Falcons nearly guaranteed themselves that the 2008 pick they receive will be near the top of the second round.

This is one of the most unbelieveable contracts in the history of Hole Punch Sports, and that's saying something. Schaub, according to the article, will earn $20 million over the next three years before an absurd bonus of $10 million is due, which he will obviously never get. Wait, that's not the whole story. To be fair, I think Mr. Pasquarelli did a fine job on this article:

After the first three years, the Texans must pay Schaub a $10 million option bonus in March 2010 to trigger the final three seasons of the contract, or he becomes a free agent. This is the same Houston team, though, that paid the soon-to-be-discarded David Carr a "buy back" bonus of $8 million last spring to reinstate three years of his contract that had voided.
How about that? So, about this Schaub guy. He's gotten some coverage over the years because he's been Vick's backup, and people assume he couldn't be worse in the pocket than that athletic lefty. Well, Schaub's a career 52.2-percent passer, and he's got a career quarterback rating just under 70. Both of those numbers are actually worse than Vick's. Not much worse, mind you, but still worse.

David Carr, while he hasn't lived up to No. 1 pick expectations, is better than Schaub. His stats aren't superb-he's a 60-percent guy, with a rating of 75.5-but he's never backed down from the vicious and relentless poundings he's endured over the years. At least he's shown guts, while Schaub has shown nothing, so far.

This contract, though, clearly means Carr is out and Schaub is in as the starter. Who knows? Schaub could turn into an All-Pro in Houston, and this could become the best move the Texans ever made. But couldn't the Texans wait for him to prove that potential, at least a little bit, before they hand him $48 million?

Anyone care to explain this?

Comments

John said…
Just another in the string of inexplicably overpaid players this year . . . although I have thought that Schaub deserved a chance to prove himself as a starter (I don't think his career numbers are all that indicative, given his limited action as a backup), and the Texans are second to none in throwing good money after bad.

Too bad those chumps didn't fall for the whole drafting Vince Young thing . . . maybe they think if they hype this guy up by dropping a bunch of cash on Schaub, the fans will forget that they passed on the most sure bet to come out of college in ages.
David said…
explain...

gary kubiak strikes again!

first he pulls the boner of the year award by taking super-mario over reggie.

then he over-pays for a guy never proven in the nfl.

can't wait to see what this guy does next. he's like the rodney dangerfield of the nfl.

would you take the 4.5 sacks mario had over 1300 total yards reggie had last year?
Mike said…
Regarding V.Y., let me just say:

Strength is a 9.
Intelligence is an 8.
Speed is an 8.
Endurance is an 8.
Rank is a 10.
Courage is a 10.
Firepower is an 8.
Skill is a 9.

Yeah, Kubiak's track record is abysmal. (Though I still hope he comes back to Denver soon.)

I would go with The President over Mario, though I would have taken Young over both.
David said…
you think kubs' is comin back to denver, perhaps as shanahan's replacement?
David said…
mike, i also just wanted to say;

i've really REALLY been enjoying the blog and your writing lately. not that this place is bereft of self aggrandizement... but,

i was just telling my wife how much i loved this blog, and how that is the real beauty of the internet. you can read a sports blog that panders to your EXACT bias. and keep in touch with the brother's gore. it's a great thing.

thanks for the writing mike, i appreciate it.
Mike said…
No, I don't really think he's coming back, at least as head coach. I just wish he'd return as offensive coordinator. I didn't realize how badly we'd miss him-not that he would've been a cure-all this year.

Thanks for the compliments, man, I really appreciate it. I am hoping to reward reader loyalty very soon, but I don't want to give anything away...
John said…
I agree with Pugs about the blog . . . I have enjoyed sharing jabs at our most despised sports figures, and it is always nice to hear from DP.

Kubs is fast working his way back into the job market, so maybe he will end up back in Denver . . . eventually even Shanny's tan will fade, and we will be looking for a new coach.
John said…
And I can't wait for my reader loyalty reward . . .
Anonymous said…
Proof positive that Texans have more dollars than sense . . .
DG
David said…
john, word on the street that our "reader loyalty reward" is little more than a soft drink cozie.

although, it does have a picture of mike photoshopped onto AI's body
Mike said…
Ha, if that.

Pugs, if you're still checking this, I should point out how funny your niche blog comment is. Because my friends know I write this, but many of them aren't sports fans on a deep level, so I don't really expect them to check in often. But they still do from time to time. Two of my closest friends have told me they've checked it out, only to immediately steer the conversation towards that David guy's blog and how much they liked something they read on it. So I should really be thanking you.

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