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Technicalities of Hernandez money: implications on salary cap, and actual $

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Joey007, Jun 27, 2013.

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  1. Joey007

    Joey007 Rookie

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    If Hernandez's bonus is not recouped, what will cap look like in 2014??

    How heavy of an impact will it have on our cap? It's fortunate that our only notable FA's we'll have next year are Spikes, Ninkovich, and Talib. But will it strap us from signing many FA's next year?? I'm not the best with these cap situations and always get confused by how the numbers work themselves.
  2. ctpatsfan77

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    Re: If Hernandez's bonus is not recouped, what will cap look like in 2014??

    According to both Miguel and Adam Schefter(?), all of Hernandez's guaranteed salary hits this year's cap.

    The remaining two years of signing bonus prorations (2015, 2016) hit next year's cap (2014), so he has $7.5M in dead money for 2014.
  3. FirstAndGoal

    FirstAndGoal Rookie

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    Re: If Hernandez's bonus is not recouped, what will cap look like in 2014??

    Not sure if it matters if the bonus is recouped or not. As I understood it, the Patriots lost some leverage because they released him before he was convicted. They ate the money to stop the bleeding but it's a huge PR nightmare.
  4. DocHoliday

    DocHoliday Rookie

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    If Hernandez's bonus is not recouped, what will cap look like in 2014??

    Might be in the teams best interest to roll over some significant space for next year.
  5. ctpatsfan77

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    Re: If Hernandez's bonus is not recouped, what will cap look like in 2014??

    FWIW, though, it sounds like they're at least going to deny Hernandez his salaries, since they aren't guaranteed against unacceptable conduct. They may also try to withhold the last part of his signing bonus (he's still owed $3M) on the same grounds.

    That would reduce the cap hits dollar-for-dollar, although I'm not quite sure when.
  6. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    Re: If Hernandez's bonus is not recouped, what will cap look like in 2014??

    Right now, the Pats have 67 players signed for the 2014 season. Using the rule of 51 their current cap commitment is $120,985,195. They are going to get a $1.5 million credit for Brandon Lloyd. May get a $3.5 million credit for Fanene
  7. Fencer

    Fencer Rookie

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    I think we can use a reference thread about Ahern's cap impact. If that's already been covered in other threads, please reference here; if not, please work it through. :) I'll start with: 1. Obviously, he won't be paid salary any more. 2. I imagine that if the Patriots sue to recoup his bonus, that money reappears on the cap. 3. I hope that if he spends all his money on lawyers -- to the point that it doesn't make sense to sue to recoup -- there's a mechanism for the Patriots to recoup the bonus money onto the cap anyway. 4. I imagine #2 or #3 won't happen for a while, certainly not in time to have a direct 2013 effect. 5. I suspect that the league's attitude in part is "Well, if you sign a bad guy, that's your problem -- let this be a warning to other teams not to sign bad guys."
  8. PATS16N0

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    re: Technicalities of Hernandez money: implications on salary cap, and actual $

    Patriots should go after him hard. Maybe he won't be able to afford civil attorney's while paying criminal ones and will have to give up his guaranteed bonus
  9. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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  10. CPAGuy

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    I'm not an attorney, but a see ZERO CHANCE that the Patriots will pay Hernandez another PENNY-especially if he is found guilty and sentenced to life. I understand he's guaranteed another $2.5 million, but I'd think the Pats would simply say "sue us" knowing that the PR would be a nightmare for Hernandez(not that he'd care.) Also, Pats have the Legal resources and assuming he does get convicted he'll likely be broke from paying lawyers for his defense and no legit lawyer would want the negative PR attached to the lawsuit.

    As for recovering the $9 million they've already paid him, they may go after it, but there's likely very little left, and again, what he does have left will likely go to pay his lawyers. As for his house in Attelboro, I could see the Pats going after that(look for that house to come on the market any day now), but again that likely will go toward legal fees. Not to mention civil suits coming
  11. ctpatsfan77

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    I doubt it. It's not in the NFL's interest to have teams paying thugs millions.
  12. Fencer

    Fencer Rookie

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    I was talking about cap relief.
  13. mgteich

    mgteich PatsFans.com Veteran PatsFans.com Supporter

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    The money is guaranteed for this year. However, the NFL could make an exception. If we hadn't cut him, we might have been able to deny him money for conduct unbecoming. As it is, we have to rely on whether he violated the CBA to get relief, unless the NFL wants to make an exception.

    Kraft can always simply refuse to pay, but as Fencer points out, the real issue is cap relief.
  14. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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  15. DarrylS

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    Good news Miguel, you know where and how to find all of this stuff.
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