Miguel I have a question if you do not mind. I know there has been a lot of talk about restructuring Mankins to free up cap space. Is this possible to do instead – extend Mankins thru 2017, convert $5 million of his 2014 and 2015 base salaries to a $10 million signing bonus, and then make his salary $5.5 million for 2016 and 2017 with a $250 thousand bonuses for roster and workout.
This is what it would look like –
- 2014 – $1,250,000 Base Salary, $6,500,000 Prorated Bonus, $0 Roster Bonus, $250,000 Workout Bonus, $8,000,000 Cap Number, $21,000,000 Dead Money, $(13,000,000) Cap Savings
- 2015 – $1,750,000 Base Salary, $6,500,000 Prorated Bonus, $0 Roster Bonus, $250,000 Workout Bonus, $8,500,000 Cap Number, $13,250,000 Dead Money, $(4,750,000) Cap Savings
- 2016 – $5,500,000 Base Salary, $2,500,000 Prorated Bonus, $250,000 Roster Bonus, $250,000 Workout Bonus, $8,500,000 Cap Number, $5,000,000 Dead Money, $3,500,000 Cap Savings
- 2017 – $5,500,000 Base Salary, $2,500,000 Prorated Bonus, $250,000 Roster Bonus, $250,000 Workout Bonus, $8,500,000 Cap Number, $2,500,000, Dead Money, $6,000,000 Cap Savings
I am not sure if it makes sense even if it is possible, but I figured I would ask. It would save us $2.5 million this year and $3 million next but it would be $1.5 million more in 2015.
