Redo Danny Amendola’s entire deal
Danny Amendola and Patriots could come to the realization that he is not worth an average of $5.5 million in cash the next 3 years and lower the cash due Amendola from $16.5 million to X million. Would expect Amendola would get a small signing bonus in return for agreeing to lowering his salaries the next 3 years. Such a move would lower all of his cap numbers.
Here’s one example:
In return for a $3 million signing bonus Amendola agrees to lower his salaries to $1 million, $2 million, $3 million, respectively.
His 2015/2016/2017 cap numbers would all be lowered by $2 million each to $3.7 million, $4.7 million, and $5.7 million respectively.
The downside of doing this type of deal is that it increases Amendola’s dead money hit for all 3 years.
Amendola’s Current Deal
20132014201520162017
Salary1,250,0002,750,0004,000,0005,000,0006,000,000
Signing Bonus Proration1,200,0001,200,0001,200,0001,200,0001,200,000
Roster Bonus375,000500,000500,000500,000500,000
Totals2,825,0004,450,0005,700,0006,700,0007,700,000
Cash Received7,625,0003,250,0004,500,0005,500,0006,500,000
Total Cash Received10,875,00015,375,00020,875,00027,375,000
Amendola’s Proposed Deal
20132014201520162017
Salary1,250,0002,750,0001,000,0002,000,0003,000,000
Signing Bonus Proration1,200,0001,200,0001,200,0001,200,0001,200,000
2015 Signing Bonus Proration1,000,0001,000,0001,000,000
Roster Bonus375,000500,000500,000500,000500,000
Totals2,825,0004,450,0003,700,0004,700,0005,700,000
Difference2,000,0002,000,0002,000,000
Cash Received7,625,0003,250,0004,500,0002,500,0003,500,000
Total Cash Received10,875,00015,375,00017,875,00021,375,000
Cash Difference3,000,0006,000,000
- See more at:
http://www.patsfans.com/salary-cap/?p=1394#sthash.oGzJhspy.dpuf
