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re: Stills to Dolphins for LB Ellerbe, 3rd rounder
Posted on 3/13/15 at 2:17 pm to THRILLHO
Posted on 3/13/15 at 2:17 pm to THRILLHO
quote:
The restructure only affects our cap. For the Dolphins, a cut and trade would have the same cap effect.
Sorry, I thought I read that he was restructured prior to the trade going through, which I assumed was to avoid the high dead money hit.
1
Posted on 3/13/15 at 2:20 pm to mm2316
Even if he took a paycut down to the vet minimum ($8.5m to $1m, saving $7.5m total) and they cut him anyway (saving that last $1m), the savings work out the same.
The accelerated money/dead money is from the signing bonus. All of that money was in Ellerbe's bank account within a few months after his contract was signed. It's not something that he can renegotiate/cut.
The accelerated money/dead money is from the signing bonus. All of that money was in Ellerbe's bank account within a few months after his contract was signed. It's not something that he can renegotiate/cut.
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