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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?
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 9/4/15 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
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