Message to Bills: Let Peters Eat Cake

Jason Peters is acting like a child who needs to learn a lesson about the way things work.

Peters made the decision to sign a long-term contract. The benefit of signing a long-term contract is that you get security. The risk is that you outperform your contract and end up losing out on some money. We all make decisions like this everyday. For example, when investing, one must often choose between a long-term safer investment (like a bond) or a risky stock that could yield greater short term benefits, but doesn’t offer long term security like a bond does. The important thing is, once you make a choice you have to stick with it. You can’t just pull your money out of a fifty year bond without sever penalties. Similarly Peters cant just decide he doesn’t want his long term contract anymore.

I would be a little more sympathetic to Peters if he had one year left on his contract, or even two. But the fact that he has three years left on a contract he just signed makes me really unsympathetic to his holdout. The Bills have all the chips in their hand on this one.

If Peters wants a new deal, he needs to realize that he has no leverage. He’s not really entitled to a new deal because he is under contract until 2010. Anything he gets out of the Bills will be because the Bills think he is so valuable to the club (long-term) that meeting his ridiculous demand might help keep a productive long term relationship. Holding out is not how you prove you are worth a long-term investment. If he reports to camp and gives the Bills an incentive to actually work with him, I have no problem with the Bills actually sitting down and discussing a potential new deal. Otherwise, I say the Bills let Peters learn his lesson the hard way, $15,000/day.

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