Landmark Date for Aaron Hernandez

[Miguel]

Today is the day that the Patriots are supposed to pay AH the final installment (3.25m) of his signing bonus. Hopefully, the expected on-payment kicks off the grievance. Have no idea on grievance meeting status.

See A comprehensive look at Aaron Hernandez?s salary cap implications atriots Salary Cap

for my take on AH's salary cap implications

 

[oldrover]

Nice work, Miguel.

The whole topic is just such a friggin' downer.

 

[Kontradiction]

Miguel is in mid-season form.

 

[Nikolai]

Fantastic article; bumping to the top.

What I'm surprised about is that cap relief for any crimes committed prior to July 2012 would come only from money recouped. I'm trying to wrap my head about that one.

 

[Miguel]

Fantastic article; bumping to the top.

What I'm surprised about is that cap relief for any crimes committed prior to July 2012 would come only from money recouped. I'm trying to wrap my head about that one.

I am using the Vick precedent and a Joel Corry report as the basis for that particular conclusion.

 

[Deus Irae]

Miguel is in mid-season form.

Wait! Does that mean he's already putting up excellent work, or does that mean he's injured and headed to IR? When it comes to anything Patriots, someone's going on the shelf.

 

[Nikolai]

I am using the Vick precedent and a Joel Corry report as the basis for that particular conclusion.

That makes sense to me. I don't remember the particulars of the Vick case, but if it involves actions prior to the signing of his contract, then it's a strong precedent to cite.

 

[Miguel]

That makes sense to me. I don't remember the particulars of the Vick case, but if it involves actions prior to the signing of his contract, then it's a strong precedent to cite.

When I referred to Vick, I mean the receipt of funds.
From the CBA
In the event that a Club receives a refund (emphasis added) from the player of any previously-paid Salary, or the Club fails to pay any previously allocated portion of a signing bonus (including any amount treated as signing bonus), such amount as has previously been included in Team Salary shall be credited to the Club's Team Salary for the next League Year

 

[DarrylS]

Well thought out and thorough..

In Organized Labor there is a seldom used method called "expedited arbitration" that could be used here, where the grievance process is avoided and both sides agree to present their arguments before an arbitrator...

As both sides probably refuse to cave and if there is little hope of some sort of agreement this may be an option.. rather than going through a lot of unnecessary steps..

 

[PatsFanSince74]

Thanks, as always, to Miguel for mind-boggling analysis! Great work.

I don't claim to understand the ins and outs of the cap ramifications under various scenarios and I leave that to folks like Miguel who do.

To me, this is a case that proves the age-old adage "Caveat emptor."

No matter how meticulous their due diligence, no matter how high their principles, no matter how usually good their judgment about players might be, the Patriots still "bought" Hernandez. To mix a metaphor, they now, unfortunately and even tragically, "own" what he "broke" and will have to work their way through the thicket of the consequences.

No blame here as far as I can see (other than on Hernandez, of course), but still a tough life lesson for all involved.

 

[Froob]

Miguel is in mid-season form.

He's peaking too soon.

 

[VrabelMayeWin]

At this point I'm just happy that this fiasco is over (for cap purposes, not the trial) after this offseason and managed fine this offseason. No AH on the cap a year from now thankfully.

Excellent article, I understand the "warranty" and the reason why past acts affect the contract now.

 

[pctronics0072]

I would be happy if the murderer did not get a single extra cent from the Pats. I really do not care about the cap ramifications as much as screwing AH out of the cash he "earned" would make me happy.

 

[mgteich]

I suppose that you are happy that the patriots lost millions of cap money by cutting Hernandez when they did instead of later (after the indictment).

Some of us care about the patriots and the patriots salary cap more than whether Hernandez gets extra punishments from the team, rather than from the courts and the league.

I would be happy if the murderer did not get a single extra cent from the Pats. I really do not care about the cap ramifications as much as screwing AH out of the cash he "earned" would make me happy.

 

[ausbacker]

I would be happy if the murderer did not get a single extra cent from the Pats. I really do not care about the cap ramifications as much as screwing AH out of the cash he "earned" would make me happy.

Hernandez allegedly committed a heinous crime. The presumption of innocence (albeit interesting) should be held in the highest regard. If Hernandez is legally entitled to whatever money the Patriots owe him, so be it.

The world isn't a fair place. Just because you may have done something doesn't mean you should be screwed out of something unless there is precedent.

 

[pctronics0072]

I suppose that you are happy that the patriots lost millions of cap money by cutting Hernandez when they did instead of later (after the indictment).

Some of us care about the patriots and the patriots salary cap more than whether Hernandez gets extra punishments from the team, rather than from the courts and the league.

I really saw no point in rehashing the past debate of when to cut the killer. I was looking at the present and the future. It would be great if the pats could recover the money, but it would really suck having to pay all of it to a jailed killer (assuming he is guilty)

 

[VrabelMayeWin]

I suppose that you are happy that the patriots lost millions of cap money by cutting Hernandez when they did instead of later (after the indictment).

Some of us care about the patriots and the patriots salary cap more than whether Hernandez gets extra punishments from the team, rather than from the courts and the league.

That was a tough call, I can see why they didn't want to keep a murderer on the roster. I probably would have done the same thing.

And please don't presume to care about the Patriots or their Cap more than those of us who disagree with you.

 

[supafly]

It would have been nice from a legal standpoint to have had the grand jury reach a true bill in their indictment by now. That may have helped a bit in terms of the team taking their stance.

Unfortunately, the case for the double homicide seems to be extremely complicated with many different persons of interest, and links to the Llyod charge. I would imagine that has a lot to do with why it is taking longer than assumed, although there are plenty of past cases that end up taking months.

 

[PatsFanSince74]

Hernandez allegedly committed a heinous crime. The presumption of innocence (albeit interesting) should be held in the highest regard. If Hernandez is legally entitled to whatever money the Patriots owe him, so be it.

The world isn't a fair place. Just because you may have done something doesn't mean you should be screwed out of something unless there is precedent.

I actually agree with that, as distasteful as it might be to appear to be in Hernandez' corner...good comment...

...now, get in your boat and go out and find that plane! :singing:

 

[notex]

When is the trial?

As far as the 'cut now' or 'cut later' debate, as someone who works in finance I always looked at things like this - the timing and amount of cash flows.. Working for a company with all the financial resources in the world that just couldn't establish themselves in the marketplace no matter how prudent out financial analysis was has opened my eyes to the concept of your "brand"

Your 'brand', how people in the marketplace perceive your product/service. This is why they cut AH early. Having an alleged murderer off the roster and making a statement by cutting him earlier preserved something that the Krafts/BB have spent more than a decade building... That is why any additional cap charge is irrelevant. They value the preservation of their brand > a small additional cap charge...

So to turn this thing 180-- they made a sound business move