In this episode of the Athletes First Family Podcast, Brian Murphy, along with A.J. Stevens, sit down with David Mulugheta to discuss the intricacies of Deshaun Watson’s groundbreaking contracts. As a firm that has negotiated over $1.4 billion in quarterback deals, we bring firsthand experience in navigating high-stakes negotiations. Today, we’re breaking down both of Deshaun’s deals and the unique circumstances that shaped them.
Join us as we break down the challenges of negotiating with a head coach acting as a GM, the impact of the funding rule, and the key lessons we’ve learned along the way. From pushing boundaries to securing the best outcomes for our clients, this episode is a must-listen for anyone interested in the business of sports.
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Timestamps:
00:00:27 - Today's Focus: Deshaun Watson's Deals
00:01:49 - Setting the Scene: Deshaun's Early Career and Contract Talks
00:02:56 - Patrick Mahomes' Deal and Its Influence on Negotiations
00:04:10 - Aiming to Surpass Mahomes' First Four-Year Cash Flow
00:04:29 - Texans' 10-Year Extension Offer and Why It Was Rejected
00:06:08 - David's Negotiation Strategy and Deshaun’s Value to the Texans
00:07:24 - Dealing with Bill O'Brien and Team Leadership
00:09:36 - Securing the Deal: Making Deshaun the Highest-Paid Quarterback
00:10:12 - Deshaun's Community Impact and Leadership
00:12:30 - Unique Aspects of Negotiating with a Coach-GM
00:14:07 - Decision to Leave Houston and Requesting a Trade
00:16:41 - Narrowing Down Potential Teams and Deshaun’s Priorities
00:19:27 - Negotiating the Cleveland Deal and Maintaining Leverage
00:22:51 - Surpassing Mahomes' $45 Million Contract Value
00:25:10 - Browns’ Perspective: Acquiring a Proven Commodity
00:28:38 - The 100% Guaranteed Contract and Its NFL Impact
00:30:00 - Understanding the Funding Rule and Team Wealth
00:32:40 - Fully Guaranteed: Skill, Injury, and Cap Protections
00:34:52 - Lessons Learned: Negotiation, Adversity, and Pushing Boundaries
00:37:49 - Teasing the Next Episode: Jordan Love's Deal