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Re: Clayton posts preliminary cap projections for all 32 teams
Close. You are forgetting that there is a minimum slary requirent, so all of the salary cannot be converted to bonus. Also, what you have described is a restructure. He could also get an extension which would have the effect of spreading the salary over more years. Of course, then you have to deal with spreading the new bonus. This bonus can be given in 2 years to reduce its effect on 2011. Lots can be done with a willing player.
Quote:
Originally Posted by HomerSchooled
I don't really know how contract restructures work. I smell an opportunity to educate myself
Hypothetically speaking: if Sanchez's base salary is $14.75M, and he has three years left on his contract, what's his minimum cap hit for 2011? If that whole thing is converted to a bonus, $5M or so would be added to each of his 2012 and 2013 salaries, and then his 2011 hit would be reduced by nearly 10M?
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Re: Clayton posts preliminary cap projections for all 32 teams
I like the idea of tying up Sanchez for more years..he's hot/cold and not very accurate.....The Jets will be saddled with his cap hits for quite awhile....
If he turns into another Manning/Brady then it's a good move by Jets...but odds are aginst that unless he takes a big leap this year....
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Re: Clayton posts preliminary cap projections for all 32 teams
There are no other minimums.
[QUOTE=mgteich;2593488 Is there any minimum salary requirement beyond just the various experience minimums? Like, is there a % of a contract that has to be salary?
Many thanks for all the help, and to anyone who else who feels like enlightening me.
Re: Clayton posts preliminary cap projections for all 32 teams
Quote:
Originally Posted by HomerSchooled
There are no other minimums.
Yes, but under the previous CBA there were maximum salary increases, right?
Wasn't that the 30% rule - something in the neighborhood?
You could not have a salary history that goes $1mm-$1mm-$1mm-$10mm.
There was a max amount by which the salary could be increased.
So why not, then, give the player $10mm more in bonus, in the example above, and just go $1mm-$1mm-$1mm-$1mm? Because the player keeps the signing bonus, typically. All the risk reverts to the club, and the player has little incentive to excel.
The way around that is to offer a huge balloon figure at the end, like the first example, and figure you will restructure or release the player.
So, the 30% rule (or whatever the specific figure was) tends to prevent that type of abuse.
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Miguel puts a ton of info on each player there........
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Re: Clayton posts preliminary cap projections for all 32 teams
Quote:
Originally Posted by HomerSchooled
Honestly, it's hard to see how they resign anyone given they already trimmed their obvious fat (Woody, Jenkins, Taylor, Gholston). Signing Harris long term may free up a couple million, but not enough to pay ANY of their free agents a starter's salary.
I'm not an expert, and I'm actually expecting them to pull a rabbit out of their hat in some way. As far as I can tell, they can't sign anyone, so I'm guessing they'll manage to resign a couple players. But Holmes and Cromartie could each pull as much as or maybe even more than 8 million a year on the open market, and it's hard to believe there's anything the Jets could do to keep those two around.
The Jets also have only something like 30 players who were on the roster last year and the rest of the top 51 (and the other 5-6 they have) are guys who were not in the league last year and signed to future contracts, or guys from the practice squad. And some of those 30 are end of the bench JAG guys who are borderline to make an NFL team.
Realistically it would take another 5-10 mill just to get the bottom half of the roster up to mediocrity.
They still must sign the draft choices and find staters at both WR positions, S, CB, KR, OLB, DE, RT just to get back to where they were last year aside from the lack of depth.
"we love Rex" is quickly turning into "No hometown discount" too.
Re: Clayton posts preliminary cap projections for all 32 teams
Quote:
Originally Posted by AndyJohnson
"we love Rex" is quickly turning into "No hometown discount" too.
The brash, attention seeking attitude the entire team has embraced fosters entitlement, not selflessness. Big money and a chance to grow their individual brand is what they'll all be looking for.
Miguel puts a ton of info on each player there........
Thanks. I've been there quite a few times, and to other teams' equivalents too, so I think I'm pretty familiar with the actual caps and salaries and things like that. Like I said, I'm just not sure how teams go about significantly changing yearly cap hits on individual contracts.
Re: Clayton posts preliminary cap projections for all 32 teams
The best part of the whole Jets fiasco is that they have a bottom 10 QB with a 17M + cap hit.
Granted it will be fairly easy to shed a good junk of that this season because so much is salary but the Jets are in a tough position. They can save cap cutting a few guys, restructure Sanchize, and sign Harris long-term.
But as Andy correctly notes, they have about half a team right now. They can either try to build some depth with actual NFL caliber players or put all of their eggs in a few baskets like Holmes and Cro.
I don't see how they can come out of this even as good as they were last year. And they have been remarkably lucky injury-wise lately too which is how they get by with zero depth.
In the end I think all of those other teams with a ton of cap room will make their decision for them and drive up the prices on Holmes and Cromartie. I see them resigning Edwards. They can have him.
Re: Clayton posts preliminary cap projections for all 32 teams
Quote:
Originally Posted by FreeTedWilliams
Tampa HAS TO SIGN SOME PLAYERS NOW, they new CBA says that you have to spend to 90% of the cap, so teams like them are going to go on a spending spree.......
90% does not mean 90% every year. There is some type of 3 year average. I think any team can be as far under 90% as they want this year and have 2 years to make up the difference.