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re: Is Jarius Byrd medically cleared but refusing to play??
Posted on 9/3/15 at 2:33 pm to THRILLHO
Posted on 9/3/15 at 2:33 pm to THRILLHO
quote:
While retired players have to return the unearned portion of their signing bonus to the team, the cap is treated as if the player is traded or released.
I've never heard of that. Can you supply a link?
2
Posted on 9/3/15 at 2:39 pm to moneyg
In relation to Anthony Davis (49ers) retiring
quote:
...my guess is they approach this like he is not coming back. That means they would likely try and get back the prorated signing bonus money. That would likely result in a cap credit for 2016, unless they somehow got that money back fairly quickly this year. I don't know the exact rules for the timing of such a credit.
Posted on 9/3/15 at 2:42 pm to moneyg
The "Barry Sanders Rule"
quote:
Due to the Salary Cap, owners are now investing a greater amount of money up front for players in the form of guaranteed signing bonuses. Thus, the owners must try to protect their investments by including language in the contract that calls for a player to return a portion of the signing bonus to the team if the player fails or refuses to practice or play with the team. In certain situations, a team will be repaid some of the signing bonus it paid to a player (i.e., a refund), or a team will fail to pay part of a signing bonus that was already allocated toward team salary. If this happens, the amount previously included in team salary will be added to the teams Salary Cap in the next year.
Posted on 9/4/15 at 8:46 am to moneyg
What's the % chance that Byrd starts season on PUP? 80%?
Posted on 9/4/15 at 10:57 am to moneyg
quote:
I've never heard of that. Can you supply a link?
LINK
quote:
What happens if a player is traded or retires?
Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).
In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.
LINK /
quote:
How does the release or retirement of a player affect the Salary Cap?
When a player is released (or retires), the team is relieved of having the pay the player’s base salary (P5) and any Roster Bonus that may become due after that, but still will need to account for any Signing or Option Bonus prorations that haven’t yet counted against the Salary Cap.
Using the contract example above, if the player was released in year 4 of the deal, the team would not have to pay that Roster Bonus or the player’s base salary (P5) of $7M (or any base salaries thereafter). However, the year 4 Bonus pro-rations ($2M + $1M) would still count and the year 5 Bonus prorations ($2M + $1M) would accelerate and immediately count against the Cap in year 4. So, the team would still have to account for $6M of the player’s remaining Bonus prorations. Since he was expected to count $10M against the Cap had he been on the team (his Cap number), the team would realize a Cap savings of $4M due to his release and have to carry $6M in “dead money” against the Salary Cap in year 4.
Since the prorations from year 5 accelerated against the Cap, there will be no future Cap implications from the release.
The retirement of a player is treated the same as the release of a player.
LINK /
quote:
Large signing bonuses and guarantees can be dangerous because every dollar spent hits the salary cap eventually. A player who leaves via trade, release or retirement before any bonus proration or other guaranteed money have been amortized carries an accelerated cap hit.
The CBA clearly states that the player must pay the money back to the team. I could not easily find what it says about the salary cap ramifications of retirement, but I will take those sites at their word (Ask the Commish and USA Today are pretty legit).
This post was edited on 9/4/15 at 11:00 am
Posted on 9/4/15 at 11:03 am to moneyg
Much lower
Posted on 9/4/15 at 11:26 am to tzimme4
Posted on 9/4/15 at 11:31 am to THRILLHO
quote:
The CBA clearly states that the player must pay the money back to the team. I could not easily find what it says about the salary cap ramifications of retirement, but I will take those sites at their word (Ask the Commish and USA Today are pretty legit).
The 49ers are getting a credit. The money has to be paid to players as part of the cba
Posted on 9/4/15 at 11:53 am to TigerBait1127
quote:
The 49ers are getting a credit. The money has to be paid to players as part of the cba
Signing bonuses are almost entirely paid up front. He has already been paid that money. He has to return the unearned portions to the 49ers.
LINK /
quote:
For option, roster, and reporting bonuses, repayment is required only if retirement happens in the year the money is earned. For signing bonuses, full repayment of all unearned portions of the money paid is required in the event of a retirement.
OTC does mention cap credit possibilities for the 49ers, but are a bit vague in the details. No other site has said anything about cap relief for retired players. I'll see if I can find something in the CBA.
This post was edited on 9/4/15 at 11:54 am
Posted on 9/4/15 at 12:04 pm to THRILLHO
OK, I'm starting to think that the team may get prorated cap credits if Byrd did retire. It's tough to find specifics on retired players + cap credits. But retirement is listed under types of a "Forfeitable Breach" in the CBA, and there are other cases of teams getting cap credits after forfeitable breaches. Unfortunately, those credits may not come until after a Brees retirement:
quote:
While conducting research for this blog post, I looked at a couple of cases to see how long it took a team to get a cap credit for recouped money. The Patriots released Jonathan Fanene on August 21, 2012 with a “failure to disclose physical condition” designation. The Patriots filed a grievance seeking some, if not all, of the $3.85 million signing bonus Fanene received when he signed with the team March 20. The grievance hearing was held in July of 2013. On September 21, 2013 ESPNBoston.Com’s Mike Reiss reported that “The Patriots and defensive lineman Jonathan Fanene (represented by the NFL Players Association) settled their grievance within the past week, according to sources, and part of the settlement is that the Patriots won’t have to pay Fanene the final $1.35 million of his $3.85 million signing bonus… We can now officially close the book on the Patriots’ failed Fanene signing, with Fanene able to keep $2.5 million of the original signing bonus and the Patriots receiving a credit on their 2013 salary cap.” On March 13, 2014 update OvertheCap’s owner, Jason Fitzgerald, tweeted referring to the Patriots 2014 adjusted cap number that “the official number (also includes the 504k adjust and 360k of fanene is a direct credit and not in adjustment”. To sum up it took the Patriots two years to get a credit for a grievance filed in 2012. It took the Falcons five years to get a $3 million credit for Michael Vick. In August 2007 they won a grievance against Vick for around $20 million. - See more at: LINK
Posted on 9/4/15 at 12:27 pm to MetryMojo
Maybe he and Eric Gordon are roommates
Posted on 9/4/15 at 12:35 pm to MetryMojo
Too bad that's called projections
Posted on 9/4/15 at 1:26 pm to mm2316
quote:
I've stated multiple times that I cannot compare my injury/rehab to a professional athlete, but I am able to comment on my own experiences.
So by your own admission, your story is irrelevant
quote:
you assume that I flip burgers for a living.
Not true....but your insecurity is entertaining..
quote:
What do some of you guys think he's doing all day? Do you think he's just jerking off in a hyperbaric chamber for 4 hours out of the day, and playing Xbox the rest?
[/quote
If he is having psych issues as suggested and the suurgery was done correctly, Yes, that pretty much what it sounds like.
[quote]but you come off as a first class dumbass, so there's that.
I know more than you...so there's that
Posted on 9/4/15 at 1:35 pm to THRILLHO
frick byrd
Posted on 9/4/15 at 1:50 pm to THRILLHO
quote:
The CBA clearly states that the player must pay the money back to the team. I could not easily find what it says about the salary cap ramifications of retirement, but I will take those sites at their word (Ask the Commish and USA Today are pretty legit).
I think those quotes are based on the assumption that the money is not returned. If it is returned, I think the team is credited the money back.
Posted on 9/4/15 at 2:16 pm to tzimme4
I know. Which is why the link says "Projected"
This post was edited on 9/4/15 at 2:17 pm
Posted on 9/4/15 at 2:48 pm to THRILLHO
quote:
Signing bonuses are almost entirely paid up front. He has already been paid that money. He has to return the unearned portions to the 49ers.
Yes, I'm aware of that.
quote:
does mention cap credit possibilities for the 49ers, but are a bit vague in the details. No other site has said anything about cap relief for retired players. I'll see if I can find something in the CBA.
There's quotes in this thread from another article.
quote:
I think those quotes are based on the assumption that the money is not returned. If it is returned, I think the team is credited the money back.
This. It would have to be credited back or the NFLPA would lose their shite
This post was edited on 9/4/15 at 2:49 pm
Posted on 9/4/15 at 6:02 pm to moneyg
quote:
I think those quotes are based on the assumption that the money is not returned. If it is returned, I think the team is credited the money back.
I'm not saying you're wrong. Again, what I've seen in the CBA doesn't talk about cap credits/relief. But that doesn't make sense. The player HAS to pay it back.
My guess, based on what I've read, is that it's not a matter of IF the money gets paid back, it's WHEN. If the player is an a-hole and forces the team to go to court over the payback, then the team won't get cap credits back until the suit is over. If the player pays it back quickly, the team quickly gets the cap relief.
This would make sense as it could prevent teams from doing wink/nod deals where they get to pay players off the books. Like, say the Saints gave Brees a 6 year extension with low base salaries and a high signing bonus, with both signs understanding that he would retire in 3 years. If he got to keep the money after he retired AND we got cap relief, that would be shady as frick.
And that does give credence to the speculation that Byrd is trying to come to a settlement. "I'll pay you back 70% of the signing bonus and retire, or I'll stick around 'injured' and be a huge burden."
Hopefully the whole story is bullshite.
Posted on 9/4/15 at 8:06 pm to THRILLHO
quote:
This would make sense as it could prevent teams from doing wink/nod deals where they get to pay players off the books. Like, say the Saints gave Brees a 6 year extension with low base salaries and a high signing bonus, with both signs understanding that he would retire in 3 years. If he got to keep the money after he retired AND we got cap relief, that would be shady as frick.
Exactly.
And, with that being the case, Byrd retiring would be a good thing for the Saints...cause we probably aren't going to get enough out of him to justify the remaining portion of his signing bonus and salary.
Posted on 9/5/15 at 1:51 am to BilJ
quote:
frick byrd
Seriously, what is it with this POS? He got more than he deserved, why is he not out there playing? They should've spent all that money on a corner anyway. It's bullshite a player can sit out and make so much money.
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