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Colts | Contract update: R. Mathis
Mon, 19 Jun 2006 13:16:09 -0700
Updating previous items, Len Pasquarelli, of ESPN.com, reports Indianapolis Colts DL Robert Mathis officially signed a five-year, $30 million contract extension with the team Monday, June 19. The deal includes an initial signing bonus of $8.1 million and a roster bonus of $3.9 million due next March, and subsequent bonuses of $2 million in 2008 and 2009 and $1 million in 2010 and 2011.
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If they ever have a season with half as many injuries as we have averaged over the past 3 years, they won't win 4 games! I don't have their salary cap figures but they must have 30 to 40% of their cap money tied up in 5 players.
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Hey, Bill you're wasting Brady's prime years......oh wait.... To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
WTF?????? What is with the Colts and the cap? Why do they continue to sign these guys to huge ass contracts? Mark my words, signing players to undeserving contracts will never get the Colts to the superbowl. I think Mathis is overrated because everybody focuses on Dwight Freeney, which allows Mathis an easy path around the right tackle to the QB. The Colts sure as hell better pray that Freeney stays healthy because they are one injury away from their defense going from decent to one of the worst in the league.
Too Funny. We own this team when it matters, they constantly make excuses, and overpay their players. Yet i still hate them with a passion. Kind of strange but I enjoy it.
I really don't have a clue as to how they will play this coming season. If i see them go 9-7 or 13-3 neither would really surprise me.
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If they ever have a season with half as many injuries as we have averaged over the past 3 years, they won't win 4 games! I don't have their salary cap figures but they must have 30 to 40% of their cap money tied up in 5 players.
Big Deal. The Pats currently have 31% of their cap money tied up in Brady, Seymour, Colvin, Vrabel, and Green. And that percentage may go depending what happens with Seymour's contract.
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Big Deal. The Pats currently have 31% of their cap money tied up in Brady, Seymour, Colvin, Vrabel, and Green. And that percentage may go depending what happens with Seymour's contract.
Big Deal. The Pats currently have 31% of their cap money tied up in Brady, Seymour, Colvin, Vrabel, and Green. And that percentage may go depending what happens with Seymour's contract.
But we are what 16 mil under the cap? Last I saw the Colts were 9 mil under the cap before this signing and then add in the rookies they may have around 3 million? That 30-40% is a much larger number that won't decrease until next year and that depends on what they give Freeney. The 31% will only decrease with each Patriots signing so it is misleading to compare the two situations.
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Hey, Bill you're wasting Brady's prime years......oh wait.... To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
But we are what 16 mil under the cap? Last I saw the Colts were 9 mil under the cap before this signing and then add in the rookies they may have around 3 million?
FWIW - The Colts' rookie pool number is 3,157,508. Because of the Rule of 51 it will take much less than that in cap space for the Colts to sign their draft picks.
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That 30-40% is a much larger number that won't decrease until next year and that depends on what they give Freeney. The 31% will only decrease with each Patriots signing so it is misleading to compare the two situations.
FYI - Here's how I come up with the 31%. I added the cap hits for Brady, Colvin, Seymour, Vrabel and Green. Divided that total (31,065,050) by the Patriots adjusted cap number (100,009,940) and come up with 31%. That is not misleading.
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My youngest sister's best friend is on the board of directors of a food pantry in Malden, Massachusetts that distributed 285,000 meals and meal equivalents in 2005. I am asking that if you have found my salary cap pages useful that if you are able to do so, please make a donation to it. Please contact me for more information.
That 30-40% is a much larger number that won't decrease until next year and that depends on what they give Freeney.
The Colts' percentage may go down depending if they extend Freeney this year. His 2006 salary is $5 million. It is likely that with an extension that part of his salary would be converted to a signing bonus.
It is very unlikely that the Pats will go under 31%. Because they are under the cap by so much there is no need to convert the salaries/roster bonuses of Brady/Colvin/Green/Vrabel into signing bonuses. As I said before, there remains the possibility that the Pats' percentage will go up in August depening on what happens with Seymour's contract.
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My youngest sister's best friend is on the board of directors of a food pantry in Malden, Massachusetts that distributed 285,000 meals and meal equivalents in 2005. I am asking that if you have found my salary cap pages useful that if you are able to do so, please make a donation to it. Please contact me for more information.
The Pats have 20 players with cap hits of over a million.
According to http://www.ianwhetstone.com/football/cap.html the Colts had in April 20 players with cap hits of over a million. It is very likely that number has not changed during the past 2 months.
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My youngest sister's best friend is on the board of directors of a food pantry in Malden, Massachusetts that distributed 285,000 meals and meal equivalents in 2005. I am asking that if you have found my salary cap pages useful that if you are able to do so, please make a donation to it. Please contact me for more information.
Mathis extension official: 5 years, $30 mil.
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