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Talk of releasing Jones. Sad but true -- adios amigo
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<blockquote data-quote="El Guapo" data-source="post: 1029754" data-attributes="member: 5830"><p>Yes, that is true that we have no obligations after Year 1 except for dead cap. I definitely agree that we got a younger and hopefully more injury-resistant RB.</p><p></p><p>Here is how the $14.8M of cash out the door is paid out in Year 1. It breaks down like this:</p><p></p><p><strong>2024</strong></p><p>$12.5M - Signing Bonus</p><p>$ 1.2M - Base Salary</p><p>$ 0.5M - Per Game Bonus</p><p><u>$ 0.6M - Workout Bonus</u></p><p><strong>$14.8M 2024 Cash</strong></p><p></p><p>However, as shown below it is only a $5.425M cap hit in 2024 due to the signing bonus being spread (cap-wise) over the four years.</p><p></p><p>[ATTACH=full]20170[/ATTACH]</p><p></p><p>I suppose that a 1yr deal for Jones at $8.5M would have all hit in one year (???) so that would have been a smaller cash hit but bigger cap hit for GB in 2024 than Jacobs.</p></blockquote><p></p>
[QUOTE="El Guapo, post: 1029754, member: 5830"] Yes, that is true that we have no obligations after Year 1 except for dead cap. I definitely agree that we got a younger and hopefully more injury-resistant RB. Here is how the $14.8M of cash out the door is paid out in Year 1. It breaks down like this: [B]2024[/B] $12.5M - Signing Bonus $ 1.2M - Base Salary $ 0.5M - Per Game Bonus [U]$ 0.6M - Workout Bonus[/U] [B]$14.8M 2024 Cash[/B] However, as shown below it is only a $5.425M cap hit in 2024 due to the signing bonus being spread (cap-wise) over the four years. [ATTACH type="full" alt="1710267934812.png"]20170[/ATTACH] I suppose that a 1yr deal for Jones at $8.5M would have all hit in one year (???) so that would have been a smaller cash hit but bigger cap hit for GB in 2024 than Jacobs. [/QUOTE]
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Talk of releasing Jones. Sad but true -- adios amigo
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