DeVante Parker Retires

[Toofy]

The million dollar question, did parker make a rookie mistake and forgo his earnings from pats because of retirement . Will we get cap relief of 3 million + because he retired ?

 

[Patjew]

Parker was the stapler guy in Office Space. He was supposed to get fired but just kept getting paid for no reason.

Just watched that again last night. Good call!

 

[VJCPatriot]

It's a good thing the Patriots previous GM decided to give him all that money... oh wait, it wasn't!

 

[VJCPatriot]

The million dollar question, did parker make a rookie mistake and forgo his earnings from pats because of retirement . Will we get cap relief of 3 million + because he retired ?

Here's an article that explains NFL retirement impact to the cap: What happens when an NFL player retires under contract? Does he still get paid?

"When a player retires, it’s similar to being cut by the team, and the same rule about June 1 applies here too.

For example, if the player we talked about earlier chose to retire instead of being cut, the money would be treated the same way as if the team cut him. If he officially retires on or after June 1, the money is counted as if he was cut on or after June 1."

The problem might be that the Patriots already cut Devante Parker before June 1st so he would count as a pre-June 1st cut.

"For players released before June 1, all residual, prorated bonus funds are expedited and counted within the current year’s calculations. For instance, consider a player signing a five-year contract with a $10 million signing bonus. Now, envision the player being released after completing two years of the contract. Despite $6 million in bonus funds ($2 million annually) remaining unallocated, they must be incorporated into the current year’s salary cap due to the pre-June 1st cut, instead of being distributed over the remaining three years."

So it sounds like all of Parkers bonus money hit the cap as dead money due to being a pre-June 1st cut. The Patriots announced cutting Parker in March of 2023.

But there's one last caveat when it comes to retirement, known as the Barry Sanders rule:

"Additionally, when a player retires, the team can ask for part of the signing bonus back, equal to the parts of the contract that the player didn’t play. This money doesn’t count against the salary cap anymore. An arbitrator usually decides on this. It’s known as the “Barry Sanders Rule” because that’s what happened in his case – he had to give back part of his bonus"

 

[Captain Cliche]

Remember when it was the other teams that overpaid for washed up "name" players at the tail end of their careers?

 

[sb1]

Reason # 703 why Bill was fired.

 

[203Pat]

Remember when it was the other teams that overpaid for washed up "name" players at the tail end of their careers?

We were turning into the Redskins. Bruce Smith, Deion Sanders, Dana Stubblefield, Larry Johnson. Paying guys on past production north of 30 at most spots doesn't work out.

 

[captain stone]

His fingertips nonsense really rubbed me the wrong way. Especially after Jakobi Meyers stood there and answered every question with zero attitude and full accountability while on the verge of tears after the Raider game debacle. Between Parker, Wynn, Trent Brown, Jack Jones, JC Jackson, and Klemm going MIA Bill really had some turds in the punchbowl his last few years.

That's what happens when you also have young turds in your front orifice instead of Young (or old even) Turks.

 

[captain stone]

Talk about a Bust WR draft.

6 WRs were taken in the 2015 1st round and the Pats had 3 of them and nearly 4.

pick # 4 Amari Cooper - Stud
# 7 Kevin White - bust
# 14 Devante Carter - bust
# 20 Nelson Agholor - bust
# 26 Breshard Perriman - bust (NE was rumored to be interested)
# 29 Philip Dorsett - bust

Pick # 69 Tyler Locket - Stud
# 146 Stefon Diggs - Stud

Sure could've used Lockett in Denver that year.

Thanks Again Billy!