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My thoughts on financial viability of possible Peppers trade

Discussion in 'PatsFans.com - Patriots Fan Forum' started by drakesta101, Mar 16, 2009.

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  1. drakesta101

    drakesta101 Rookie

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    I emailed Mike Riess to get his thoughts on the possible trade. Go ahead and do the same if you like ( mreiss@globe.com ) I know the email doesnt look official and I would be suspect as well. But Mike Riess AGREES with my interpretation of the situation.

    Last edited: Mar 17, 2009
  2. eom

    eom Rookie

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    Re: Peppers Deal Financially Unlikely (Riess)

    my only question is why you are so intent on getting mike reiss to submit.
  3. drakesta101

    drakesta101 Rookie

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    Re: Peppers Deal Financially Unlikely (Riess)

    What do you mean? I felt like asking someone with a credentialed background and an understanding of the complexities of the NFL salary cap....like I said email him yourself....but this is the real thing..
  4. wdkantro2

    wdkantro2 Rookie

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    Re: Peppers Deal Financially Unlikely (Riess)

    Interesting. However, I wouldn't be surprised if they do something like re-allocate a bonus of another player to another year to get under the $17.5. Once there, they restructure Peppers, and give the other player his bonus back to this year.
  5. HEY BRO! WHAT UP?

    HEY BRO! WHAT UP? Banned

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    Re: Peppers Deal Financially Unlikely (Riess)

    From the get go, Mike Reiss didn't think this trade will happen. Well, this trade is going to happen. People need to stop with this "financial" crap because any team can get any player if they really want to. There are many loopholes in contracts teams take advantage of to sign big name players and then plan on cutting them when their price tag gets too high. I have said this in previous posts, if the NFL becomes "uncapped", it will not effect the Pats. In fact, it will only help. A prime example is the Yankees. Every year, people are pissed that the Yankess sign whoever they want. Why? Because they are the most recognizable team in baseball. Money grows on trees for the Yankees and the Pats aren't far behind. Small market teams are f***** if the NFL becomes uncapped.

    So to answer your question, the Pats will find a way to fit Peppers under the cap for this year. That is the only thing they have to worry about. After that, it's up to Kraft if he wants to pay for players he wants.
    Last edited: Mar 16, 2009
  6. APatrioticVirginian

    APatrioticVirginian Banned

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    Re: Peppers Deal Financially Unlikely (Riess)

    Im calling shenannigans
  7. ctpatsfan77

    ctpatsfan77 PatsFans.com Supporter PatsFans.com Supporter

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    Re: Peppers Deal Financially Unlikely (Riess)

    He means this. :D
    BTW--one minor point: there is no explicit rule regarding the size of the new contract. [And, BTW, there's even a clause that allows the player to take 120% of his prior year salary, even if that is lower than the official franchise number.]
  8. eom

    eom Rookie

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    Re: Peppers Deal Financially Unlikely (Riess)

    I believe you only get to restructure once per 12 mos.
  9. drakesta101

    drakesta101 Rookie

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    Re: Peppers Deal Financially Unlikely (Riess)


    would you like a forward of the email? I guess I need a confidant on this one
  10. ctpatsfan77

    ctpatsfan77 PatsFans.com Supporter PatsFans.com Supporter

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    Re: Peppers Deal Financially Unlikely (Riess)

    Sure. PM me.
  11. NEGoldenAge

    NEGoldenAge Banned

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    I don't know a lot about contracts, but I thought that if a player signed the tender before a certain date, the team could ink a long term deal with him. Once done, they could trade him and all that franchise stuff is out the window. Isn't this how it is often done?
    Last edited: Mar 16, 2009
  12. Joker

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    Right on, nick. you are on your way to becoming an NFL personnel man with this line of thinking.

    --mike


    Uh...if this is all Reiss wrote you back, it reads to ME as if he's giving you a pat on the back but there's NOTHING there by him other than his gratuitous pat on the back. Seems to me it's VERY VERY important that this deal NOT be done as far as YOU are concerned. Why is that?
    Last edited: Mar 16, 2009
  13. NePatriots

    NePatriots PatsFans.com Draftnik PatsFans.com Supporter

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    Perhaps Miguel can again instruct us in the ways of the force here, but IIRC the PLAYER has to sign the tender to be traded, and that the receiving TEAM has to have the cap space to initially take that $17 mil tender before they rip it up and sign the long-term deal.
  14. eom

    eom Rookie

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    I can't believe that.
    why can't they sign him to a longer term deal and then trade him?

    the only question i'd have would be the details on that.
    for example, a staple of a lot of these deals would normally be a signing bonus, so do you just pay him salary in '09, and how high does that have to be to make it worth his while?
  15. pats1

    pats1 Moderator PatsFans.com Supporter

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    Re: Peppers Deal Financially Unlikely (Riess)

    The NFL isn't going to "become" uncapped. The "final uncapped year" is a specific term in the CBA, and it always has been. There is only one uncapped year. After that, there is no CBA, and thus there's no season. Lockout. That's not an uncapped year, that's a zero-cap year.
  16. mgteich

    mgteich PatsFans.com Veteran PatsFans.com Supporter

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    Yes, of course. The tender is signed. The contract is renegotiated and the trade is made. The new team needs to have the cap room for the new contract. HOWEVER, please understand that any bonus is paid by the original team.

    Option 2 is for a team to give Carolina a pick to remove the franchise tag, making the player a free agent. Since the team (as any team can) has already negotiated a deal with Peppers, the deal can now be executed.



  17. Grizzafted

    Grizzafted Rookie

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    The problem with the premise of this argument is, Peppers hasn't signed the franchise tender yet. So technically, any dealings that may happen aren't necessarily going to be within the framework of a franchise trade. This is probably why he's refused to sign, and it would explain the Panthers' statement today. I have no idea what the wiggle room here is legally, according to the CBA, but technically the Panthers could just withdraw the offer, which hasn't been signed yet, and the Patriots ship them the 34th pick. Peppers at that point already has a deal on the table with the Pats, conditional on the franchise tag having been lifted, and he's a free agent suddenly with a deal on the table from the Pats. I can see a few areas of exposure here for the Pats, but it's the most feasible possibility provided we want to go with "where there's smoke there's fire" as regards to the original article.

    In this scenario, there would have to have been some communication perhaps between the Pats and Carolina regarding the swap of no.34 for the un-franchising of Peppers.
  18. drakesta101

    drakesta101 Rookie

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    This is the tricky part...I am 90% certain the new contract has to be equal to or exceed the value of the franchise tender in the year the franchise tender would have been in affect...
  19. Palm Beach Pats Fan

    Palm Beach Pats Fan Rookie

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    #93 Jersey

    My underdstanding is that even if the tender is signed, the Panthers can sign him to a long term deal and then trade him, at least until a certain date (July something?). After that date the player cannot sign a long-term deal and any trade would have to absorb the franchise tag salary amount, and moreover the team getting him can't even sign him to a long-term deal.
  20. drakesta101

    drakesta101 Rookie

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    This could happen...its never happened before...but I'm sure it would have to be in writing somewhere that the Pats can negotiate with him exclusively.
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