Butler signed

[pats1]

Is March 15, 2010 after the year ends for the 2009 salary season?

I believe it is.

Which means that that option bonus will count ENTIRELY for next year's salary cap.

Of course, next year there may be NO salary cap.

I may be wrong about this (I'm not Miguel after all) but I think the Patriots are already getting ahead of the no salary cap for 2010!

No, it is still prorated over the last 3 years of the deal.

Miguel can answer this best but does this deal comply with the 25% rule??
I know, some little schmuck at a keyboard is asking if the Pats are in compliance with the CBA but inquiring minds want to know.....
The jump from year 2 to year 3 (2010 to 2011 ) appears to be about a 47% raise which IIRC is beyond the amount of increase allowed. They could always tweak it to comply by starting at 380K and going up 25% per year. Net result would cost them 80K in cap space this year but the ultimate payout (not adjusted for net present value) would be close.

You are misunderstanding the 25% rule. First of all, it takes into account cap hits, not base salaries. Secondly, it does not say rookie salaries can't increase more than 25% per year. It says cap hits in each year of rookie deals can't increase by more than 25% of the first year cap hit.

Here are the numbers in Butler's case. It was obviously engineered to exactly comply with the 25% rule. This does not take into account workout bonuses or the log bonus, which is a NLTBE.

 

[ctpatsfan77]

FWIW, I had projected Butler's first-year cap at $715,000, so apparently I was a bit on the low side, if these #s are correct.

Miguel was a bit closer, at $735,000, but neither of us saw him not getting a signing bonus at all.

In any case, the deal is about $4.125M for four years.

 

[HEY BRO! WHAT UP?]

Great news, the guys is going to be a stud. In fact, I was hoping the Pats would draft this guy because of his versatility. Also, I thought he was the best CB to come out of this draft. Darius Butler will be a steal.

 

[Patsfanin Philly]

You are misunderstanding the 25% rule. First of all, it takes into account cap hits, not base salaries. Secondly, it does not say rookie salaries can't increase more than 25% per year. It says cap hits in each year of rookie deals can't increase by more than 25% of the first year cap hit.

Here are the numbers in Butler's case. It was obviously engineered to exactly comply with the 25% rule. .......

Thanks. That makes a lot more sense. Help me clarify if you would, an option bonus/roster bonus gets applied to the cap in the year its paid while a signing bonus is prorated over the life of the contract??????

 

[efin98]

Any word yet on who will be getting released or were they one guy under the maximum on the roster?

 

[Jimke]

Any word yet on who will be getting released or were they one guy under the maximum on the roster?

I believe they are already four players under the limit.

 

[pats1]

Any word yet on who will be getting released or were they one guy under the maximum on the roster?

They have 86 on the roster, so they'll only need to cut guys to sign their last 6 rookies - there are still 10 unsigned.

 

[pats1]

Thanks. That makes a lot more sense. Help me clarify if you would, an option bonus/roster bonus gets applied to the cap in the year its paid while a signing bonus is prorated over the life of the contract??????

Well, roster and option bonuses are different; roster bonuses do not get prorated and option bonuses do. Signing bonus are paid at signing, so they get prorated over the life. Option bonuses are only prorated over the period after the option is exercised.

 

[efin98]

They have 86 on the roster, so they'll only need to cut guys to sign their last 6 rookies - there are still 10 unsigned.

Gotcha...

 

[PatsBoy12]

Awesome news! Bring on Chung's contract ASAP.

 

[VJCPatriot]

No, it is still prorated over the last 3 years of the deal.

You are misunderstanding the 25% rule. First of all, it takes into account cap hits, not base salaries. Secondly, it does not say rookie salaries can't increase more than 25% per year. It says cap hits in each year of rookie deals can't increase by more than 25% of the first year cap hit.

Here are the numbers in Butler's case. It was obviously engineered to exactly comply with the 25% rule. This does not take into account workout bonuses or the log bonus, which is a NLTBE.

Nice chart. Thanks for the heads up. Hmm 2nd round picks are pricier than I thought. Still, I am very optimistic about Butler and I'm glad we have him signed to a max length contract.

 

[BradyFTW!]

Nice chart. Thanks for the heads up. Hmm 2nd round picks are pricier than I thought. Still, I am very optimistic about Butler and I'm glad we have him signed to a max length contract.

Yeah, that's a bit more than I expected too, but it's still less than half of what Mayo made last year, so from a cap perspective it's definitely a solid strategy.

 

[Pat the Pats Fan]

In the future there aren't going to be reporters really. All athletes, entertainers, public figures will communicate directly with the public.

Which is scary, at least with public figures / politicians. Then you only hear what they want you to hear......

 

[maverick4]

Which is scary, at least with public figures / politicians. Then you only hear what they want you to hear......

I'd rather have that and let myself consider their own bias/spin than have to also figure out how some moron gossip reporter is creating his own distortion of the quotes/story. Peter King is going to be even more useless/worthless in the future, more than he already is.

 

[Pat the Pats Fan]

I'd rather have that and let myself consider their own bias/spin than have to also figure out how some moron gossip reporter is creating his own distortion of the quotes/story. Peter King is going to be even more useless/worthless in the future, more than he already is.

I see your point on King, but I was referring more to political reporting than sports. Without the media, Watergate would have never happened. The public would have only heard Tricky ****'s commentary. Without the media, we are only subject to the misinformation that the government wants to feed us. We would have a country like China, Iran, or Russia that doesn't allow the media to report anything that they don't like.