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Galette's New Contract Numbers
Posted on 9/5/14 at 10:10 pm
Posted on 9/5/14 at 10:10 pm
Didn't see this posted yet.
Numbers
Next year's numbers look high but they will be lowered when we convert his second roster bonus into a signing bonus stretched out over the final 5 years. That will save $10m of the $12.5m.
This is the same thing the will do with Byrd and may do with a few other guys(Lofton, Graham, and less likely Hawthorne).
Numbers
quote:
2014
Signing bonus: $3.5 million
Base salary: $750,000 (fully guaranteed)
Roster bonus: $500,000
Workout bonus: $100,000
Cap number: $2.95 million
2015
Base salary: $1.25 million (guaranteed for injury; becomes fully guaranteed on 3rd day of league year)
Roster bonus 1: $500,000 (from previous contract)
Roster bonus 2: $12.5 million (fully guaranteed)
Workout bonus: $100,000
Cap number: $15.45 million
2016
Base salary: $5 million (guaranteed for injury; becomes fully guaranteed on 3rd day of league year)
Roster bonus: $2.5 million (if he has 12 sacks in 2014 and on roster on 3rd day of league year)
Workout bonus: $100,000
Cap number: $5.8 million
2017
Base salary: $5.2 million ($2 million guaranteed if on roster on 3rd day of league year and has fewer than 12 sacks in 2014)
Roster bonus 1: $1.5 million (if he has 12 sacks in 2014 and still on roster on 3rd day of league year)
Roster bonus 2: $500,000 ($31,250 per game active)
Workout bonus: $100,000
Cap number: $6.5 million
2018
Base salary: $6.4 million
Roster bonus 1: $500,000
Roster bonus 2: $500,000 ($31,250 per game active)
Workout bonus: $100,000
Escalator: $1.3 million with 12 sacks in 2014 and on 53-man, IR or PUP each week of prior season
Cap number: $8.2 million
2019
Base salary: $7.3 million
Roster bonus 1: $500,000
Roster bonus 2: $500,000 ($31,250 per game active)
Workout bonus: $100,000
Escalator: $1.2 million with 12 sacks in 2014 and on 53-man, IR or PUP each week of prior season
Cap number: $8.4 million
Next year's numbers look high but they will be lowered when we convert his second roster bonus into a signing bonus stretched out over the final 5 years. That will save $10m of the $12.5m.
This is the same thing the will do with Byrd and may do with a few other guys(Lofton, Graham, and less likely Hawthorne).
This post was edited on 9/5/14 at 10:12 pm
Posted on 9/5/14 at 11:12 pm to bonethug0108
Honestly looks good overall
Posted on 9/5/14 at 11:32 pm to Mr.Perfect
Especially when you consider that his largest cap hit will be the final year at $10.9m(converting the roster bonus adds $2.5m to each year).
The cap numbers do go up slightly if he hits 12 sacks this year though:
Without 12 sacks, but with a converted roster bonus:
The cap numbers do go up slightly if he hits 12 sacks this year though:
quote:
2016
Roster bonus: $2.5 million (if he has 12 sacks in 2014 and on roster on 3rd day of league year)
Cap number: $8.3 million($10.8m with converted bonus)
2017
Roster bonus 1: $1.5 million (if he has 12 sacks in 2014 and still on roster on 3rd day of league year)
Cap number: $8 million($10.5m with converted bonus)
2018
Escalator: $1.3 million with 12 sacks in 2014 and on 53-man, IR or PUP each week of prior season
Cap number: $9.5 million($12m with converted bonus)
2019
Escalator: $1.2 million with 12 sacks in 2014 and on 53-man, IR or PUP each week of prior season
Cap number: $9.6 million($12.1m with converted bonus)
Without 12 sacks, but with a converted roster bonus:
quote:
2015
Cap number: $5.45 million
2016
Cap number: $8.3 million
2017
Cap number: $9 million
2018
Cap number: $10.7 million
2019
Cap number: $10.9 million
This post was edited on 9/5/14 at 11:49 pm
Posted on 9/6/14 at 12:27 am to Hoodoo Man
Numbers are fun, but not to everyone.
Yeah numbers are fun but not to everyone.
HEEEEEEEEEEYAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH!!!!!!!!!
Yeah numbers are fun but not to everyone.
HEEEEEEEEEEYAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH!!!!!!!!!
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