fester
Third String But Playing on Special Teams
- Joined
- Feb 7, 2005
- Messages
- 530
- Reaction score
- 88
Traditionally, when a player is suspended, the player is paid by the team and then the same sum is donated to a charity in the player's name to make the tax implications of the suspension without pay clean. That is in the CBA, and that also means the team that has a suspended player loses cap space.
Tom Brady currently has a 9 million dollar salary for 2015. Each game that he is potentially suspended for would cost the Patriots $529,000 in marginal dead cap space. There is a way for the Patriots to gain cap space if Tom Brady wants to play ball that won't cost him a net penny.
If Brady and the Patriots want to stick a finger into the eyes of Goodell, they could do the following that should meet CBA requirements. The first step would be to drop Brady's salary to the vet min for someone of his service time. That would be $970,000. The remaining $8.03 million dollars would be set up as a series of incentives. If Tom Brady is on either the 53 man roster OR the IR list at any point in Week 1, he receives an incentive bonus of $473,000. If Tom Brady is on either the 53 man roster or the IR list at any point in Week 2, he receives an incentive bonus of $473,000 etc.
Do that for all 17 weeks. If Brady is available to play, he gets paid his normally weekly salary and the Patriots take a salary cap hit of . If he is suspended by the League, the Patriots only lose the base salary cost of $58,000 in cap space instead of the $529,000 that they are currently budgeting towards Brady. If he is suspended for one game, the Patriots roll $473,000 forward to 2016, two games would lead to a roll-over of $956,000 etc.
Since Brady met the incentives in 2014 (either on the 53 or IR for all 17 weeks of the season), these incentives would be deemed likely to be earned. That means the Patriots would see a cap charge of $9 million dollars plus any and all previous pro-rated bonuses. His net cap charge does not change at the moment of the signing of the revised contract. From my understanding of the CBA, this renegoatiation would be within the letter of the agreement even if it explicitly designed to be finger in the eyes of Goodell.
What say ye?
Tom Brady currently has a 9 million dollar salary for 2015. Each game that he is potentially suspended for would cost the Patriots $529,000 in marginal dead cap space. There is a way for the Patriots to gain cap space if Tom Brady wants to play ball that won't cost him a net penny.
If Brady and the Patriots want to stick a finger into the eyes of Goodell, they could do the following that should meet CBA requirements. The first step would be to drop Brady's salary to the vet min for someone of his service time. That would be $970,000. The remaining $8.03 million dollars would be set up as a series of incentives. If Tom Brady is on either the 53 man roster OR the IR list at any point in Week 1, he receives an incentive bonus of $473,000. If Tom Brady is on either the 53 man roster or the IR list at any point in Week 2, he receives an incentive bonus of $473,000 etc.
Do that for all 17 weeks. If Brady is available to play, he gets paid his normally weekly salary and the Patriots take a salary cap hit of . If he is suspended by the League, the Patriots only lose the base salary cost of $58,000 in cap space instead of the $529,000 that they are currently budgeting towards Brady. If he is suspended for one game, the Patriots roll $473,000 forward to 2016, two games would lead to a roll-over of $956,000 etc.
Since Brady met the incentives in 2014 (either on the 53 or IR for all 17 weeks of the season), these incentives would be deemed likely to be earned. That means the Patriots would see a cap charge of $9 million dollars plus any and all previous pro-rated bonuses. His net cap charge does not change at the moment of the signing of the revised contract. From my understanding of the CBA, this renegoatiation would be within the letter of the agreement even if it explicitly designed to be finger in the eyes of Goodell.
What say ye?