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Old 07-27-2011, 03:44 PM   #1
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Default How are the Jets doing it ?

How is it possible that Holmes has a 5 year contract with $24 million guaranteed, and a cap number of only $2.45 mil this season ? The $24 million can't be a future option bonus ( or else it wouldn't be guaranteed ). Doesn't the $24 million guarantee have to be spread over the 5 years of the contract for cap purposes ?

Or is it possible that the future year salaries are guaranteed but not paid up front? Still sounds wrong because if the first year base salary is $1 million, I thought the annual increases in base salary could only go up a certain percentage annually ?

Anyone have any ideas ? Hate watching the Jets manipulate the cap every year. It never seems to catch up with them.

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Old 07-27-2011, 03:48 PM   #2
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Default Re: How are the Jets doing it ?

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Originally Posted by crowell33 View Post
How is it possible that Holmes has a 5 year contract with $24 million guaranteed, and a cap number of only $2.45 mil this season ? The $24 million can't be a future option bonus ( or else it wouldn't be guaranteed ). Doesn't the $24 million guarantee have to be spread over the 5 years of the contract for cap purposes ?

Or is it possible that the future year salaries are guaranteed but not paid up front? Still sounds wrong because if the first year base salary is $1 million, I thought the annual increases in base salary could only go up a certain percentage annually ?

Anyone have any ideas ? Hate watching the Jets manipulate the cap every year. It never seems to catch up with them.

Holmes contract leaves plenty of cap space for Nnamdi | ProFootballTalk

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simple. we're cheating.
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Old 07-27-2011, 03:50 PM   #3
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Default Re: How are the Jets doing it ?

I'm sure there's a link to PFF that could tell us...
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Old 07-27-2011, 03:50 PM   #4
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Default Re: How are the Jets doing it ?

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simple. we're cheating.
lulz another jet fan growing balls?
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Old 07-27-2011, 03:50 PM   #5
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Default Re: How are the Jets doing it ?

Who gives a *****
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Old 07-27-2011, 03:51 PM   #6
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Default Re: How are the Jets doing it ?

The Commish is a Jet.

Nuff Sed.
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Old 07-27-2011, 03:52 PM   #7
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lulz another jet fan growing balls?
rex made my balls drop 2 years ago. before that, we were all too busy stroking BB...
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Old 07-27-2011, 03:52 PM   #8
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Default Re: How are the Jets doing it ?

I'm not sure. But if this ISN'T going to catch up with the Jets at some point (and that looks more and more likely to be the case), then the Pats need to get creative too. Can't be left behind because you're operating under a business model from 5 years ago.
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Old 07-27-2011, 03:52 PM   #9
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Default Re: How are the Jets doing it ?

And can we please stop with the ******* hysteria already?
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Old 07-27-2011, 03:53 PM   #10
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Default Re: How are the Jets doing it ?

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How is it possible that Holmes has a 5 year contract with $24 million guaranteed, and a cap number of only $2.45 mil this season ? The $24 million can't be a future option bonus ( or else it wouldn't be guaranteed ). Doesn't the $24 million guarantee have to be spread over the 5 years of the contract for cap purposes ?
No. It depends how it's structured. You can have a guaranteed roster bonus that would get converted to an option bonus and further spread across the life of the contract from the moment of exercise. you can have guaranteed salary in later years. You can have a non-guaranteed option bonus and an insurance policy that pays you the full amount of the bonus if it isn't exercised. The only way "guaranteed money" has to be spread over the life of the contract is if it is signing bonus.

As for how they're doing it - they have one of the best GMs in football.
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