Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Elvis Dummervil
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="HardRightEdge" data-source="post: 492504"><p>It is <strong>not</strong> a penalty. It is cap $ that would have been owed anyway in future years, prorated over the remaining term of the old contract, that are accelerated into 2013.</p><p> </p><p>I'm not going to lay out the old and failed contracts to come up with exact numbers, but here's the concept:</p><p> </p><p>If, for example, they gave him $7 mil signing bonus, $1 mil base in 2013, ED gets his $8 mil guaranteed in the first year, but the cap hit is the old $5 mil + the $1 mil base + $2 mil prorated signing bonus (assuming a new 4 year deal). The cap hit in the failed deal and the cap hit in this example are both $8 mil in 2013. They could juggle the numbers to make it virtually equivalent year by year.</p><p> </p><p>In short, they can easily make the outcomes equivalent by replacing first year salary with a new signing bonus.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 492504"] It is [B]not[/B] a penalty. It is cap $ that would have been owed anyway in future years, prorated over the remaining term of the old contract, that are accelerated into 2013. I'm not going to lay out the old and failed contracts to come up with exact numbers, but here's the concept: If, for example, they gave him $7 mil signing bonus, $1 mil base in 2013, ED gets his $8 mil guaranteed in the first year, but the cap hit is the old $5 mil + the $1 mil base + $2 mil prorated signing bonus (assuming a new 4 year deal). The cap hit in the failed deal and the cap hit in this example are both $8 mil in 2013. They could juggle the numbers to make it virtually equivalent year by year. In short, they can easily make the outcomes equivalent by replacing first year salary with a new signing bonus. [/QUOTE]
Insert quotes…
Verification
Post reply
Staff online
Poppa San
* Team Owner *
Members online
Poppa San
Pkrjones
milani
mradtke66
Latest posts
S
2024 Round 7, pick 245: Michael Pratt, QB
Latest: Schultz
38 minutes ago
Green Bay Packers Fan Forum
S
Moving Up
Latest: Schultz
54 minutes ago
Green Bay Packers Fan Forum
The Jordan Love Era Begins
Latest: Sanguine camper
Today at 5:40 PM
Green Bay Packers Fan Forum
Backed Into A Corner?
Latest: games
Today at 4:43 PM
Green Bay Packers Fan Forum
Transfer Portal and How It Has Changed College Sports
Latest: Pokerbrat2000
Today at 4:38 PM
College Sports
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Elvis Dummervil
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top