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Restructuring of Contracts
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<blockquote data-quote="sschind" data-source="post: 762077" data-attributes="member: 10247"><p>It only allows them to make their money if they reach the incentive which, if you make them low enough as in the example you gave for Nelson, may not be an issue. As far as the Salary cap is concerned unlikely to be earned incentives don't count against this years cap but if they are reached it counts against next years cap. I think one reason why you don't see a lot of them is teams don't like the uncertainty of not knowing where they stand. You do see some Pro Bowl or all pro incentives occasionally. If Nick Foles' contract included a 10 million dollar bonus if he was voted Super Bowl MVP the Eagles would be in a much tougher spot next year scrambling to find room to fit an extra 10 million under the cap even if they cut or traded him. </p><p></p><p>You are right that it probably wouldn't be considered a restructure since right now they only have 1 year left. Like you said any reworking of the contract would likely include an extension unless they simply agreed to take less money in 2018 which I don't think will happen. The restructure of the 2018 contract comes in with an extension in that they change the terms of the 2018 numbers. The most frequent change I have heard of is taking part of the salary and converting it to a signing bonus. The advantage to the player is they get a large chunk of money up front instead of waiting it out for the 16 game checks. It may not be much of an incentive for someone who has millions but if they are looking to invest maybe a huge windfall might be enough to convince them. The thing is restructuring of this sort rarely involves the player making less money, it just changes the accounting process and when it is paid. The advantage to the team is obviously a lower cap hit in the first year but it adds to commitment to the player and pushes any dead money out. Like you said there is no free lunch eventually it all has to count.</p></blockquote><p></p>
[QUOTE="sschind, post: 762077, member: 10247"] It only allows them to make their money if they reach the incentive which, if you make them low enough as in the example you gave for Nelson, may not be an issue. As far as the Salary cap is concerned unlikely to be earned incentives don't count against this years cap but if they are reached it counts against next years cap. I think one reason why you don't see a lot of them is teams don't like the uncertainty of not knowing where they stand. You do see some Pro Bowl or all pro incentives occasionally. If Nick Foles' contract included a 10 million dollar bonus if he was voted Super Bowl MVP the Eagles would be in a much tougher spot next year scrambling to find room to fit an extra 10 million under the cap even if they cut or traded him. You are right that it probably wouldn't be considered a restructure since right now they only have 1 year left. Like you said any reworking of the contract would likely include an extension unless they simply agreed to take less money in 2018 which I don't think will happen. The restructure of the 2018 contract comes in with an extension in that they change the terms of the 2018 numbers. The most frequent change I have heard of is taking part of the salary and converting it to a signing bonus. The advantage to the player is they get a large chunk of money up front instead of waiting it out for the 16 game checks. It may not be much of an incentive for someone who has millions but if they are looking to invest maybe a huge windfall might be enough to convince them. The thing is restructuring of this sort rarely involves the player making less money, it just changes the accounting process and when it is paid. The advantage to the team is obviously a lower cap hit in the first year but it adds to commitment to the player and pushes any dead money out. Like you said there is no free lunch eventually it all has to count. [/QUOTE]
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