Patriots Still on the Hook for Hill's bonuses

[zippo59]

When a player passes away while he's under contract to a team, the team is still responsible for a salary cap charge. We checked into this in regards to the passing of defensive lineman Marquise Hill.

According to the NFL's player personnel department, the Patriots are currently being charged the unamortized portion of Hill's prior signing bonus, as well as a likely-to-be-earned minimum offseason workout per diem.

After he was selected with the final pick of the second round in the 2004 draft, Hill had signed a five-year contract that included a $1.15 million signing bonus.

Entering 2007, the unamortized portion of the bonus was $460,000. Hill also had a likely-to-be-earned offseason workout per diem of $6,720 for 2007.

So based on those numbers, the Patriots' salary cap charge would come to $466,720.

http://www.boston.com/sports/football/patriots/reiss_pieces/

It isn't very much money in terms of the salry cap, but it is a strange rule. It's as if the league is afraid teams will kill off their players in order to get out of paying their contracts.

I wonder if Bob Kraft will give the remainder of Hill's salry to his family.

 

[pats1]

Re: Patriots Still on the Hook for Hill's Salary

Technically the Patriots aren't for Hill's salary, just his unamortized bonuses.

 

[SoonerPatriot]

http://www.boston.com/sports/football/patriots/reiss_pieces/

It isn't very much money in terms of the salry cap, but it is a strange rule. It's as if the league is afraid teams will kill off their players in order to get out of paying their contracts.

I wonder if Bob Kraft will give the remainder of Hill's salry to his family.

Here's my question: Will they pay the bonus to his estate? Or will the Pats keep the money, but still be on the hook for whatever cap ramifications that may apply?

 

[Number Cruncher]

Singing bonuses were already paid. They are just "catching up on the accounting". Cash flow has already happened.

 

[PromisedLand]

Singing bonuses were already paid. They are just "catching up on the accounting". Cash flow has already happened.

Exactly. The reason the rule makes sense is that the money has already been paid; it has just been deferred from hitting the books for salary cap accounting purposes.

 

[Danny Boy®]

Here's my question: Will they pay the bonus to his estate? Or will the Pats keep the money, but still be on the hook for whatever cap ramifications that may apply?

Rest assured, Krafty will not release a nickel if he doesnt have to.

 

[zippo59]

Rest assured, Krafty will not release a nickel if he doesnt have to.

Why do you hate Bob Kraft?

 

[Pats726]

Why do you hate Bob Kraft?

Don't you know it...it was people like that that kept a stadium out of Boston....before Gillette was in the picture..many wish to forget that total hate against the team..

 

[Danny Boy®]

Don't you know it...it was people like that that kept a stadium out of Boston....before Gillette was in the picture..many wish to forget that total hate against the team..

People like that?

 

[pats1]

What the hell does this have to do with Bob Kraft, Dannyboy?

Would you please make a constructive post for once?

 

[spacecrime]

Rest assured, Krafty will not release a nickel if he doesnt have to.

You are confusing him with Irsay. Irsay is trying to not pay Corey Simon when he should.

Kraft paid Robert Edwards when he didn't have to, and if he wanted to he didn't have to pay Bruschi when Tedy couldn't practice in training camp because of injury which was non-football related. Bruschi did come back and play, but at the time, everyone assumed that he'd played his last, and still Kraft paid him and the team pupped him. The football gods rewarded Kraft when Bruschi was able to paly again.

What would Irsay have done with Bruschi and Edwards? Or do I even need ask?

 

[Danny Boy®]

What the hell does this have to do with Bob Kraft, Dannyboy?

Would you please make a constructive post for once?

That Brady kid is a hell of a player.

 

[Danny Boy®]

Y
What would Irsay have done with Bruschi and Edwards? Or do I even need ask?

Who cares?

 

[OhExaulted1]

What the hell does this have to do with Bob Kraft, Dannyboy?

Would you please make a constructive post for once?

Exactly. I'm sure it was Kraft who paid for the TEAM to go go down there and stay for the services.

I'l bet if you asked the Hill family about how the Kraft family has treated them you'd be proud to call them the owners of your favorite team.