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My thoughts on financial viability of possible Peppers trade
I emailed Mike Riess to get his thoughts on the possible trade. Go ahead and do the same if you like ( mreiss@globe.com ) I know the email doesnt look official and I would be suspect as well. But Mike Riess AGREES with my interpretation of the situation.
Quote:
Name Nick
City/Town Worcester, MA
Opinion: With all of the hooplah surrounding the potential deal for Julius Peppers, I think it might be a good idea to explain how it might actually be possible. It is my general understanding that if a deal is consummated between a two teams involving a franchised player, the team receiving the player (the Patriots) would have to have enough cap space to take on the player's franchise figure (about 17 mill). This number is the number the team HAS to have available, regardless of any restructured deal being worked out after the fact.
Is a "sign-and-trade" a possibility? I was pretty sure that the team trading the player HAS to give the franchised player a long-term deal that is greater than or equal the amount of the franchise tender during the year of the franchise designation....(2009 figure of the deal has to be at least 17 million)...
EDIT: After reading the CBA franchise tag info, there is nothing that guarentees the cap franchise tag number if an new contract is reached with Julius Peppers...a "sign-and-trade" is a possibility...
In light of all of this, how then is it even possible that this deal could go through? Don't the Patriots NEED to relieve about 10 mill in cap space for this to even be plausible?
---
Right on, nick. you are on your way to becoming an NFL personnel man with this line of thinking.
--mike
Last edited by drakesta101; 03-16-2009 at 11:38 PM..
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my only question is why you are so intent on getting mike reiss to submit.
What do you mean? I felt like asking someone with a credentialed background and an understanding of the complexities of the NFL salary cap....like I said email him yourself....but this is the real thing..
Interesting. However, I wouldn't be surprised if they do something like re-allocate a bonus of another player to another year to get under the $17.5. Once there, they restructure Peppers, and give the other player his bonus back to this year.
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From the get go, Mike Reiss didn't think this trade will happen. Well, this trade is going to happen. People need to stop with this "financial" crap because any team can get any player if they really want to. There are many loopholes in contracts teams take advantage of to sign big name players and then plan on cutting them when their price tag gets too high. I have said this in previous posts, if the NFL becomes "uncapped", it will not effect the Pats. In fact, it will only help. A prime example is the Yankees. Every year, people are pissed that the Yankess sign whoever they want. Why? Because they are the most recognizable team in baseball. Money grows on trees for the Yankees and the Pats aren't far behind. Small market teams are f***** if the NFL becomes uncapped.
So to answer your question, the Pats will find a way to fit Peppers under the cap for this year. That is the only thing they have to worry about. After that, it's up to Kraft if he wants to pay for players he wants.
Last edited by HEY BRO! WHAT UP?; 03-16-2009 at 09:31 PM..
my only question is why you are so intent on getting mike reiss to submit.
Quote:
Originally Posted by drakesta101
What do you mean? I felt like asking someone with a credentialed background and an understanding of the complexities of the NFL salary cap....like I said email him yourself....but this is the real thing..
He means this.
Quote:
In light of all of this, how then is it even possible that this deal could go through? Don't the Patriots NEED to relieve about 10 mill in cap space for this to even be plausible? Submit Submit
BTW--one minor point: there is no explicit rule regarding the size of the new contract. [And, BTW, there's even a clause that allows the player to take 120% of his prior year salary, even if that is lower than the official franchise number.]
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"Momentum was quickly snatched away by New England, who once again proved that any Patriot, at any moment, can make a play." —Inside the NFL, Packers v. Patriots
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Interesting. However, I wouldn't be surprised if they do something like re-allocate a bonus of another player to another year to get under the $17.5. Once there, they restructure Peppers, and give the other player his bonus back to this year.
I believe you only get to restructure once per 12 mos.
BTW--one minor point: there is no explicit rule regarding the size of the new contract. [And, BTW, there's even a clause that allows the player to take 120% of his prior year salary, even if that is lower than the official franchise number.]
would you like a forward of the email? I guess I need a confidant on this one
would you like a forward of the email? I guess I need a confidant on this one
Sure. PM me.
__________________
"Momentum was quickly snatched away by New England, who once again proved that any Patriot, at any moment, can make a play." —Inside the NFL, Packers v. Patriots
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My thoughts on financial viability of possible Peppers trade
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