Contract details: Argos quarterbacking pay structure

The Toronto Argonauts have an intriguing setup at the most important position in football.

According to CFL sources, the contract 38-year-old Ricky Ray agreed to will pay him $335,000 in “hard money” with another $90,000 in available playtime bonuses for 2018. Meanwhile, 26-year-old James Franklin, who was acquired in a trade with Edmonton and subsequently signed a contract extension in Toronto, is scheduled to earn $250,000 in “hard money” and has the same possible playtime bonuses as Ray, $90,000.

That’s $585,000 plus however the playtime money is split up for a great one-two quarterback duo. For a reasonable $675,000 price the Argos have two high calibre quarterbacks in place. It’s similar to the Henry Burris and Trevor Harris situation in Ottawa during the 2016 season, which ended in a Grey Cup championship for the Redblacks. Burris was an ageing pivot and Harris was the future starter on the roster.

Ray won a record fourth Grey Cup in 2017 that capped a comeback season the veteran passer as he threw for 5,546 yards, his highest total since 2008. He became the fourth pivot in CFL history to pass for 60,000 yards.

Franklin has completed 116-of-176 passes (66 completion rate) for 1,449 yards and 12 touchdowns against one interception and carried the ball 18 times for 145 yards and one touchdown in three seasons with Edmonton. He’s seen as a young, up-and-coming signal caller with franchise potential around the league.

The investment in Ray and Franklin should pay dividends for the Argos.

Justin Dunk

Justin Dunk

Justin Dunk was a five-year starter at quarterback for the University of Guelph. He covers the league for Sportsnet and 3DownNation.
Justin Dunk
Justin Dunk
About Justin Dunk (890 Articles)
Justin Dunk was a five-year starter at quarterback for the University of Guelph. He covers the league for Sportsnet and 3DownNation.

15 Comments on Contract details: Argos quarterbacking pay structure

  1. Interesting, kind of a throw back to years gone by when you kept 2 quality QB’s while developing a third. Keep in mind back in the 70’s & 80’s there was very little protection vis-a-via penalties & rules for a QB, so it was more imperative to have a 1a & 1b QB system. It’s about time teams recognize the value of a strong backup. Hope this trend continues, of course this mostly depends on amount of quality QB’s available and cost.

  2. Franklin hasn’t proven anything.

    • Blue rules // February 10, 2018 at 3:04 pm //

      Glenn, Franklin’s numbers are good as a backup, better than most starters in 2017. He needs playing time.

      Passing 116 of 176 65.91%, 1449 yards, 12 TD’s/1 INT, rating 111.7. Rushing 18 times for 145 yards,

      • Edward Smith // February 11, 2018 at 1:10 pm //

        Absolutely, the odds are probably on the side that he wont become what they hope. Anybody remember Adrian McPherson, I did not see anything in him. Argos apparently dont see what`s right under their noses, Cody Fajardo would be the way to go, take my word for it

  3. Easily the best QB combo in the CFL now

    • Oh BC Lions might disagree with you there. Travis Lulay and Jonathan Jennings aren’t a bad combo either if Lulay can stay

      • Did you miss last season? Neither gace BC good QBing and likely the biggest reason they finished in last place.

        • Edward Smith // February 11, 2018 at 1:12 pm //

          No you missed it, when Lulay was healthy he was the best qb in CFL last year, Jennings took some time to come back from injury, some of it was between his ears because Lulay before injury looked like the best ever

      • Jennings was tragic last season… what are you talking about!? Lulay was their only spark until he got injured. Best receivers in the league and the season ended up being a train wreck with Jenning’s horrible performance.

    • Gerry Tsuji // February 11, 2018 at 8:18 am //

      Franklin has proven potential. As a backup, that’s all that you can expect but that’s all he’s proven so far.

  4. Define “hard money”. It’s not guaranteed so it’s not hard money.

    • Blue rules // February 10, 2018 at 3:58 pm //

      Amicus, Nowhere did the article say “guaranteed money” They use the term “hard money” intentionally because that is their base money they will receive if they remain on the team and available throughout the season. How else do you want them to describe it?

  5. Great deal for the Argos! Still some funds left in the bank to bring back Woods, White, Gabriel, etc on defense and an impact RB (if Wilder doesn’t want to come back)

  6. Best QB combo in the CFL. Ricky will show Franklin how to do it and then turn things over to him when his time is up. Can’t believe the NFL did not sign Franklin to a contract. His upside is off the charts.

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