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covid will trash the 2021 cap.
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<blockquote data-quote="HardRightEdge" data-source="post: 879780"><p>That is quite interesting. They must have read my post about the cap inequities associated with signing bonuses in opt outs. <img src="/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /> I swear, these guys can't see past their noses when it comes to rules of all kinds leading to do-overs like this.</p><p></p><p>It would be smart to carry over the 2020 signing bonus cap amount as well as the salary into 2021 with contracts extended a year. I'm not finding a report off-hand to see if that's happening or if they are simply waiving that signing bonus cap cost. If they're waiving it we'll see another do-over at some point when the implications sink in.</p><p></p><p>The only way the cap can function equitably is if cash paid = cap cost sooner or later.</p><p></p><p>To take one example, Joey Bosa's new extention includes a $35 mil signing bonus prorated over five years with a $7 mil cap charge for that bonus in 2020. If he decided to opt out they will have him under contract through 2026 instead of 2025 under the same terms except that if the 2020 signing bonus proration is not carried over against the cap, that $35 mil bonus cash will only count $28 mil against the cap over the long haul with a $7 mil cap free lunch for the Chargers in 2021.</p><p></p><p>That would be inequitable to say the least. I'm not going to figure out contract terms for the raft of players opting out in New England, but it's not hard to see that the unjustified cap windfalls in 2021 could be quite substantial for some team with a bunch of opt outs if those signing bonus prorations are not carried forward against the cap.</p><p></p><p>It won't do much good if that $1 mil signing bonus is tolled against the cap in 2021 since we would expect several million in cap space to be carried over to 2021 anyway.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 879780"] That is quite interesting. They must have read my post about the cap inequities associated with signing bonuses in opt outs. ;) I swear, these guys can't see past their noses when it comes to rules of all kinds leading to do-overs like this. It would be smart to carry over the 2020 signing bonus cap amount as well as the salary into 2021 with contracts extended a year. I'm not finding a report off-hand to see if that's happening or if they are simply waiving that signing bonus cap cost. If they're waiving it we'll see another do-over at some point when the implications sink in. The only way the cap can function equitably is if cash paid = cap cost sooner or later. To take one example, Joey Bosa's new extention includes a $35 mil signing bonus prorated over five years with a $7 mil cap charge for that bonus in 2020. If he decided to opt out they will have him under contract through 2026 instead of 2025 under the same terms except that if the 2020 signing bonus proration is not carried over against the cap, that $35 mil bonus cash will only count $28 mil against the cap over the long haul with a $7 mil cap free lunch for the Chargers in 2021. That would be inequitable to say the least. I'm not going to figure out contract terms for the raft of players opting out in New England, but it's not hard to see that the unjustified cap windfalls in 2021 could be quite substantial for some team with a bunch of opt outs if those signing bonus prorations are not carried forward against the cap. It won't do much good if that $1 mil signing bonus is tolled against the cap in 2021 since we would expect several million in cap space to be carried over to 2021 anyway. [/QUOTE]
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