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Brady likely stepped up because he will get another restructure/extension probably early in 2013 to allow them to lower that $21M cap hit. Their only other option for restructure with substantial saving was Wilfork and they probably aren't as comfortable they will be extending his deal... Mankins and Mayo's deals are in the early stages with low salary so not much to be saved by simple restructure.
Ocho can be cut tomorrow and treated as a June 1 cut saving $3M in salary against the cap this year and next (with $1.5M dead cap hits in each year). If they restructure him the dead cap remains the same and the savings comes in the form of a reduction in salary now and potentially the remainder if he's cut prior to the season.
Welker would need to be signed to a 4 year deal to create appreciable cap space ($4M+) because they would be amortizing a $16-18M signing bonus over 4 years with low salaries the first two years to cover the guaranteed money ($20M+). If they did a three year deal the savings would be much less. Two years there just wouldn't be much at all.
Sounds like we were pretty close to tapping out since what we now have is essentially what Tom freed up. Tom has most of his remaining money guaranteed for injury and cap with rolling guarantees for skill that kick in at the end of the preceeding year. Continuing to give it to him up front won't pose much of a problem provided there are years added on to spread the desired amortization that creates the space. It will make it harder however to do a truly cap friendly final deal since he now has more dead cap sitting on the next two years and that can't be moved - new money will just be layered on top of it. And based on the Manning deal and pending the Brees deal I imagine they know his extended years are going to be in the $20M per range. They could have considered tagging him for two final seasons but this restructure will probably make that a moot point because of the 120% rule - which would put those years at $25-30M.... So that is now his leverage for his to retirement extension.
Ocho can be cut tomorrow and treated as a June 1 cut saving $3M in salary against the cap this year and next (with $1.5M dead cap hits in each year). If they restructure him the dead cap remains the same and the savings comes in the form of a reduction in salary now and potentially the remainder if he's cut prior to the season.
Welker would need to be signed to a 4 year deal to create appreciable cap space ($4M+) because they would be amortizing a $16-18M signing bonus over 4 years with low salaries the first two years to cover the guaranteed money ($20M+). If they did a three year deal the savings would be much less. Two years there just wouldn't be much at all.
Sounds like we were pretty close to tapping out since what we now have is essentially what Tom freed up. Tom has most of his remaining money guaranteed for injury and cap with rolling guarantees for skill that kick in at the end of the preceeding year. Continuing to give it to him up front won't pose much of a problem provided there are years added on to spread the desired amortization that creates the space. It will make it harder however to do a truly cap friendly final deal since he now has more dead cap sitting on the next two years and that can't be moved - new money will just be layered on top of it. And based on the Manning deal and pending the Brees deal I imagine they know his extended years are going to be in the $20M per range. They could have considered tagging him for two final seasons but this restructure will probably make that a moot point because of the 120% rule - which would put those years at $25-30M.... So that is now his leverage for his to retirement extension.