Brees a bargain compared to Flacco if #s I'm hearing are correct... - Page 3 - TigerDroppings.com

Posted byMessage
adono
LSU Fan
River Ridge
Member since Sep 2003
6405 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

When does the shite stop? With a salary cap, teams just cannot keep escalating one players salary to ludicrous levels. Teams will field a top flight QB with 2nd and 3rd string talent.


Isn't that exactly what the Saints are facing right now? I'm still pissed that Brees, the guy who pretended to "love" the city, squeezed every damn penny he could out the team. Like the Ravens, we didn't have many options but pay him.

I wouldn't be surprised if this team never reaches the Championship game while Brees is here...unless we get extremely lucky in the draft.






Back to top
goatmilker
New Orleans Saints Fan
2014 drunkin Bobby award winner!
Member since Feb 2009
15767 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


You turn that frown upside down mister or you'll get vigorous fist shaking!





Back to top
adono
LSU Fan
River Ridge
Member since Sep 2003
6405 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

You turn that frown upside down mister or you'll get vigorous fist shaking!




Still a little pissed...I'll get over it.






Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

they would still be responsible for the $60 million guaranteed that they signed him for.


Not necessarily.

A guaranteed roster bonus and a guaranteed signing bonus are two different thing. Both are guaranteed to the player. The signing bonus is due to the player when he signs....so the original team is on the hook for it.
For instance, say a player signs a 5 year deal with a guaranteed roster bonus in the 4th. But the team trades the player in his 3rd year. The player's new team accepted that 4th year bonus when they accepted his contract...so it's on the new team.

But say the original team cuts him in the 3rd year. They would then be on the hook the next year for that bonus(dead money). Roster bonus's are due the year they are scheduled for.

Quit taking yourself so serious,Bro...you'll live longer.



This post was edited on 3/2 at 8:09 pm


Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

Still a little pissed...I'll get over it.


Hell, I'm still trying to get over those damn kids walking on my lawn earlier today.






Back to top
goatmilker
New Orleans Saints Fan
2014 drunkin Bobby award winner!
Member since Feb 2009
15767 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...








Back to top
  Replies (0)
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

From what I read, when a player is released, whatever guaranteed money the player is owed all comes due and is a cap hit for that one year.


You read wrong then. What do you think the term, "dead money" means. Go to a site like "Spotrac", might give you a better idea. Or even google "dead money".






Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

Quit taking yourself so serious,Bro...you'll live longer


You should look in the mirror when you say this.






Back to top
  Replies (0)
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

Step two: now, after three years, the team decides that Fred is now fat and lazy, and they waive him, so they don't have to pay the last two years of the contract. But the rules say that the up front bonus has to count against the cap *somewhere*, and now that he's gone, they charge the last four million that hasn't already been counted against the cap to the team, *right now*



This post was edited on 3/2 at 8:43 pm


Back to top
  Replies (0)
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

For example, if a player signs a four-year deal with a $1 million signing bonus, $250,000 of that bonus will count toward team salary for each contract year ($1 million divided evenly over the four-year contract is $250,000 per year). If a team releases a player, the unamoratized bonus money (the remaining prorated bonus money) counts immediately against the cap.


In our example above, if the player is released after Year 1, the remaining $750,000 (the prorated signing bonus money for years 2-4) counts against the cap in Year 2 -- even though the player is no longer on the team's roster






Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


Anything else?





Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

Anything else?


My bad...I'm wrong about the number of years it can be spread out. I'm also wrong about the guaranteed roster bonus not being prorated to the original team.

quote:

From what I read, when a player is released, whatever guaranteed money the player is owed all comes due and is a cap hit for that one year.


You're still wrong on this. And as in the case of Will Smith if he were released, his hit would not be accelerated.

One other thing, be sure to post a link or at least acknowledge the source when you cut and paste. It can be treated as plagiarism if you don't.



This post was edited on 3/2 at 9:50 pm


Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


How am I wrong? I just posted 2 quotes, one of those quotes came from something I found by googling "dead money" like you told me, saying exactly what I've been telling you guys. When you release a player, the guaranteed money owed to that player comes due immediately.

I have no idea about how this will work with Will Smith's deal, and I have no idea how they could release him right now and not take the hit for his remaining guaranteed money this coming year. I figured the entire reason they are trying to keep him is so they don't take the entire cap hit penalty this year for the money he has left guaranteed.



This post was edited on 3/2 at 9:57 pm


Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

How am I wrong?


Probably because of the same reason I was...careless reading.

I had gone to that site a couple of months ago, just to see how fricked up the Cowboys cap situation was. I didn't pay attention to the date of the article or anything other than the Cowboy piece. Well the article is stating cap hits still being paid on Barber and Williams even though they were cut in 2010. My assumption..cap money still being shelled out after 3 years. My mistake.....careless reading. Just like you're doing now. Reread the article.



This post was edited on 3/2 at 10:16 pm


Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


I saw what you are talking about lol. Thanks for the heads up.

quote:

When a player is released or traded, the remaining proration of the salary components that are treated like a signing bonus immediately accelerate into his team’s current salary cap. For example, if a player signs a five-year contract with a $5 million signing bonus, $1 million of his signing bonus counts towards the salary cap for each year of his five-year contract. If he is released after the second year of his contract, the $2 million of signing bonus proration from the last two years of the contract automatically accelerates into the club’s current cap, creating $3 million of dead money - See more at: LINK Thanks for the heads up.


Anyway, this is from the National Football Post. Don't know if that's good enough for you. Again basically saying what I've been saying. They also explained "dead money". Basically, it's the same exact thing, except when a player is cut after June 1, then the guaranteed money left on the contract is not accelerated to that current season, but to the season after.

So a guy signs a 5 year deal with 5 mil guaranteed. He gets cut after year 2 before June 1. The 3 million he is owed accelerates to that coming year's cap. If he is released after June 1, the cap hit is only for 1 million from what he was supposed to get that year. This creates the 2 million dead money to be paid the following year. So I was still right, and this explains the "dead money" thing.




This post was edited on 3/2 at 10:37 pm


Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

after June 1,


Yeah, that's what I was getting at. Each team also gets a 2 player/yr. post June 1st exception, where they can cut them earlier and still have it spread over two years.

That's what I was getting at about Smith, he only has two years left on his contract.






Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

Yeah, that's what I was getting at. Each team also gets a 2 player/yr. post June 1st exception, where they can cut them earlier and still have it spread over two years.


Man, this info might have shut me up a long time ago lol.






Back to top
monroesaintsfan
LSU Fan
monroe
Member since Feb 2010
309 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


quote:

info



If you trust Mike Triplett as much as I do, take a look at this article.LINK For my money, I'd trust his insider info of the situation as much as anyone other than team management.



This post was edited on 3/2 at 11:07 pm


Back to top
landrywasbeast30
Member since Nov 2011
1263 posts

re: Brees a bargain compared to Flacco if #s I'm hearing are correct...


Great article. Vilma, Smith, and Harper could all create a ton of space if released. So they could release 2 of those guys right now and count them after June 1?

Also liked that he pointed out what I've been saying about Smith being a good 3-4 fit. He would have to come down really low to be worth keeping though.

If I'm figuring this right, just releasing Smith could get them to like 7.5 mil in cap room? Then either Harper or Vilma could create another 6 mil?






Back to top
  Replies (0)


Back to top