kidhawk":2njac9t7 said:
scrummymustard":2njac9t7 said:
Milehighhawk":2njac9t7 said:
Where are you getting that figure from? That looks like the WR number not the TE number which in 2017 was at ~9.8 mil.
The franchise tag amount is the
greater of 1. the actual TE tag amount (around 10mil in 2018) or 2. 120% of the prior years cap hit ($10mil *120% =$12 mil). However, for this purpose, you have to include back the signing bonus proration from NO before he was traded. He had a $12 million signing bonus over 4 years, so $3 mil a year in proration.
2017 $10 mil cap hit + $3 mil proration= $13 mil * 120% = $15.6 million to Franchise > $10 mil TE tag.
I may be wrong, and I'm sure there are league and player lawyers that would argue this both ways, but as his signing bonus pro-rated the day he was traded, it no longer counts, so he only has his $7.9 million base salary and his $2.1 million in bonuses making a 120% increase = $12 million.
Per the CBA (article 10):
"For the purposes of this Article, “Salary” means the total of the Para- graph 5 Salary (reduced proportionately if the contract is entered into after the first regular season game), roster and reporting bonuses, pro-rata portion of signing bonus, and other payments to players in compensation for the playing of professional football for the applicable year of the player’s most recently negotiated Player Contract, except for performance bonuses other than roster and reporting bonuses. Salary shall also in- clude any unrepaid loans made, guaranteed or collateralized by a Team or its Team Affiliate to a player or Player Affiliate. “Prior Year Salary” means the Salary (as defined in this Subsection) for the last League Year of the player’s most recently negotiated Player Contract."
Since the contract has not been changed, just merely transferred to the hawks, the SB gets added in. Also, it appears that the $100k workout bonus gets subtracted out, therefore it would be $12.9 million * 120% = $15.48 million to tag 88.