spacecrime
Veteran Starter w/Big Long Term Deal
- Joined
- Sep 13, 2004
- Messages
- 8,325
- Reaction score
- 5
http://sports.espn.go.com/nfl/columns/story?columnist=pasquarelli_len&id=2859992
"...while the restructuring for this year reduced Brady's 2007 salary-cap charge to $7.346 million, roughly $4 million less than before the deal was redone Sunday morning, it inflated the cap hit for each of the subsequent seasons through 2010. All of the maneuvering with the new six-year, $60 million contract that Brady signed in May of 2005 -- the initial $14.5 million signing bonus, a $12 million option bonus in March 2006 that was converted into a second signing bonus, and Sunday's machinations -- means the quarterback is carrying prohibitive cap charges over the final three seasons of the contract.
Just how prohibitive? Try a cap charge of $14.626 million for 2008. "
Correct me if I'm wrong, but wasn't Peyton's 2008 cap charge about $17 million BEFORE he restructure this year. What is is now? $20 mil? And our resident capologist has no problem with this. So why is $14 mil prohibitive?
Even funnier, he goes on to say about Brady's "prohibitive" $14 mil 2008 cap number:
Reducing such a monumental cap charge by consummating what is known as a "simple" restructuring -- taking a player down to the minimum salary and making up the difference in a signing bonus, which is, essentially, what the Pats did Sunday -- merely increases the future cap liability. It just delays the inevitable, and even with all of the various cap juggling and bookkeeping maneuvers available to every team (particularly to high-revenue franchises like New England), sooner or later the credit card balance has to be paid.
Okay, it was prohibitive, now it's monumental. Did he write a similar article when Manning did a restructure this year to increase his cap number to arouknd $20 mil for 2008 and 2009?
I hate to whine (and yes, I'm aware that I'm whining badly here), but Geez, why the double standard? At Randy Moss's press conference, Felger asked Moss if he was in the drug program because in 2005 Moss said he smoked marijuana once in a blue moon. Yet Felger was one of the many writers who said that Calvin Johnson and the others saying they smoked was not a big deal, and was meaningless.
I can assure you that if one of those three had been drafted by the Pats it would not be meaningless. It would be further "proof" that the Patriots ignoring all decency and putting together a team of thugs and dopers. As Felger led off in one article: "While the NFL has worked hard recently to distance itself from the thug culture and questionable attitudes nagging pro sports, the Patriots [team stats] chose to embrace them this weekend. "
http://patriots.bostonherald.com/patriots/view.bg?articleid=197592
I'm getting very disgusted with the media in general and Felger in particular.
"...while the restructuring for this year reduced Brady's 2007 salary-cap charge to $7.346 million, roughly $4 million less than before the deal was redone Sunday morning, it inflated the cap hit for each of the subsequent seasons through 2010. All of the maneuvering with the new six-year, $60 million contract that Brady signed in May of 2005 -- the initial $14.5 million signing bonus, a $12 million option bonus in March 2006 that was converted into a second signing bonus, and Sunday's machinations -- means the quarterback is carrying prohibitive cap charges over the final three seasons of the contract.
Just how prohibitive? Try a cap charge of $14.626 million for 2008. "
Correct me if I'm wrong, but wasn't Peyton's 2008 cap charge about $17 million BEFORE he restructure this year. What is is now? $20 mil? And our resident capologist has no problem with this. So why is $14 mil prohibitive?
Even funnier, he goes on to say about Brady's "prohibitive" $14 mil 2008 cap number:
Reducing such a monumental cap charge by consummating what is known as a "simple" restructuring -- taking a player down to the minimum salary and making up the difference in a signing bonus, which is, essentially, what the Pats did Sunday -- merely increases the future cap liability. It just delays the inevitable, and even with all of the various cap juggling and bookkeeping maneuvers available to every team (particularly to high-revenue franchises like New England), sooner or later the credit card balance has to be paid.
Okay, it was prohibitive, now it's monumental. Did he write a similar article when Manning did a restructure this year to increase his cap number to arouknd $20 mil for 2008 and 2009?
I hate to whine (and yes, I'm aware that I'm whining badly here), but Geez, why the double standard? At Randy Moss's press conference, Felger asked Moss if he was in the drug program because in 2005 Moss said he smoked marijuana once in a blue moon. Yet Felger was one of the many writers who said that Calvin Johnson and the others saying they smoked was not a big deal, and was meaningless.
I can assure you that if one of those three had been drafted by the Pats it would not be meaningless. It would be further "proof" that the Patriots ignoring all decency and putting together a team of thugs and dopers. As Felger led off in one article: "While the NFL has worked hard recently to distance itself from the thug culture and questionable attitudes nagging pro sports, the Patriots [team stats] chose to embrace them this weekend. "
http://patriots.bostonherald.com/patriots/view.bg?articleid=197592
I'm getting very disgusted with the media in general and Felger in particular.