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Green Bay Packers Fan Forum
Silverstein on contract situation
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<blockquote data-quote="TJV" data-source="post: 489220" data-attributes="member: 4300"><p><span style="font-size: 12px"><span style="font-family: 'arial'">As I posted I hope he is offered and accepts a pay cut but that's unlikely to happen. But according to the contract details on rotoworld.com if he were waived or traded before his roster bonus is paid it would save the Packers $5.2M in cash this season and it woud save $2M in cap dollars. </span></span></p><p> </p><p><span style="font-size: 12px"><span style="font-family: 'arial'">(According to the website: Hawk received an $8M signing bonus - that's a $1.6M cap hit each of the five years. He's due $4.9M in salary and 300K in roster bonus in 2013. If he's not on the roster, three years of $1.6M accelerate for a $4.8M cap hit. If he is on the roster $4.9M + $1.6M + 0.3M = $6.8M cap hit.)</span></span></p></blockquote><p></p>
[QUOTE="TJV, post: 489220, member: 4300"] [SIZE=3][FONT=arial]As I posted I hope he is offered and accepts a pay cut but that's unlikely to happen. But according to the contract details on rotoworld.com if he were waived or traded before his roster bonus is paid it would save the Packers $5.2M in cash this season and it woud save $2M in cap dollars. [/FONT][/SIZE] [SIZE=3][FONT=arial](According to the website: Hawk received an $8M signing bonus - that's a $1.6M cap hit each of the five years. He's due $4.9M in salary and 300K in roster bonus in 2013. If he's not on the roster, three years of $1.6M accelerate for a $4.8M cap hit. If he is on the roster $4.9M + $1.6M + 0.3M = $6.8M cap hit.)[/FONT][/SIZE] [/QUOTE]
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Silverstein on contract situation
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