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Green Bay Packers Fan Forum
Christian Watson signs a 4 year 110m extension
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<blockquote data-quote="mradtke66" data-source="post: 1098660" data-attributes="member: 4199"><p>The whole point of a signing bonus is cash today, cap impact amortized over the life of the contract. It's slightly fuzzier than that, but you can just think 31m/5 years and ta-da, but that really is enough for us lay people. As he still had 1 year left on his existing contract, it appears this is an extension.</p><p></p><p>For void years, they just change the demoninator of the math. If Watson had 1 year of void on his deal, the team could amortize the bonus 31m/6 years, lowering it from ~7.4m to 5.1m, at the cost of having to take the last 5.1m hit the year after his contract expires (after year 5, as 6 would void.)</p></blockquote><p></p>
[QUOTE="mradtke66, post: 1098660, member: 4199"] The whole point of a signing bonus is cash today, cap impact amortized over the life of the contract. It's slightly fuzzier than that, but you can just think 31m/5 years and ta-da, but that really is enough for us lay people. As he still had 1 year left on his existing contract, it appears this is an extension. For void years, they just change the demoninator of the math. If Watson had 1 year of void on his deal, the team could amortize the bonus 31m/6 years, lowering it from ~7.4m to 5.1m, at the cost of having to take the last 5.1m hit the year after his contract expires (after year 5, as 6 would void.) [/QUOTE]
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Christian Watson signs a 4 year 110m extension
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