eom

somewhere in this morass I think I read something about carolina being able to sign pep to a regualr longer term deal, and if they traded him that same day the new team would pick up the signing bonus (assuming there was one).

is this true?

otherwise, carolina's on the hook for that, right?

ctpatsfan77

All bold/brackets mine:

"A Club is not required to have Room [under the salary cap] to execute a Player Contract with a player to whom the Club has exclusive negotiating rights if the player is assigned to another Club via a trade on the same business day as the execution of the contract, and the assignee club has or makes Room for such Player Contract."

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eom

I read that as carolina could sign him to a deal that puts them over the cap provided they trade him away that same day.

but it doesn't really mention specifically who gets stuck w/the bonus.
if it was just a matter of the cash, then I'd imagine new england could even that up by kicking cash in on the deal, but would the bonus cap hit (not salary) be carolina's to keep?

Blizzzard

Does anbody think its possible that the Panthers would make a deal with the pats under the agreement they pick up the bonus money hit every year? this way the pts only get hit with the salary? Meaning they are the ones to sign him to the contract then tade him. This is how it works in madden world! lol

SladeRider

I've read alot about contracts and what not from reading aload of forums and posts on here aswell.

My understanding if any Peppers trade happens it will happen with Peppers and the Patroits agreeing a deal, Peppers signing the franchise tender, the Panthers signing Peppers to the contract he agreed upon with the Patriots and the Panthers then trading Peppers to the Patriots.

I understand that under the current CBA, all this happens on the sameday, except for the part where Peppers and the Patriots agree to a contract, that can be agreed upon before hand. But when Peppers signs a franchise tender, everything would have to happen on the sameday.

If I hear news that Peppers has signed his franchise tender, I'd expect him to be traded within 24 hours.

Miguel

USATODAY.com

USATODAY.com

USATODAY.com

I have never heard of a franchise player who was traded agreeing to a long-term deal with his old team first.

The above links are just examples of how a trade of a franchise player has happened in the past.

Franchise player signs tender. Franchise is traded to new team. Franchise player signs long-term deal with new team.

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gomezcat

...so, in other words, they need to be able to take the salary cap hit of the $16 Million (or whatever it is) and then negotiate? Thanks, that's cleared it up for me as well.

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ctpatsfan77

I would think that's because if the contract is at all reasonable, what would stop the team from "reneging" on the trade once the player's agreed to the more favorable terms. For example, let's say, for the sake of argument, Peppers agreed to play two years in New England at $2M/yr. If he signed a new deal with Carolina reducing his pay to that level, what would stop the Panthers from just keeping him at that salary? [The only thing I can think of would be a bizarre "reverse poison pill" that forces the team to trade him—e.g., if his team plays at least four games in North Carolina in 2009, his salary jumps to $20M/yr or somesuch.]

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NE39

Tebucky Jones signed is long-term deal with the Patriots with the condition he is traded to the Saints. A lot of them do that, you just don't hear about it because it is paperwork. So, it goes like this:

1) Player signs long-term deal with team, with signing bonus being conditional to being traded to new team
2) Player is traded to new team
3) New team acquires player with contract, pays bonus which kicked in as condition of trade
4) Old team has no salary cap hit, new team takes on contract like it was signed with them. However, they don't need enough cap room to take on entire franchise tender, they need enough cap room to absorb the new contract signed by the player.

That is how they manage to trade a franchise player without the new team needing enough cap room to absorb the full tender.

The problem is the old team would still be punished, because they would lose the franchise tag for the length of the new deal the traded player signed. That is where the "same day" thing kicks in. If you sign a franchise player to a long-term deal and trade him on the same day, you don't lose the tag for the length of the contract. You get it back the following year.

I'm pretty certain that is how franchise player trades are facilitated. If someone emails Andrew Brandt of the National Football Post or AdamJT13 they could probably clear it up.

eom

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