Pandion Haliaetus
Well-known member
- Joined
- Mar 16, 2013
- Messages
- 3,880
- Reaction score
- 846
In the next 3 years JG has cap hits of 8, 9, and 10. He made 13m last year.
He receives Roster Bonuses in of 5m this year and 2m in 2017.
Let's say you restructure him to a 5 year deal, 45m.
You convert those roster bonuses into signing bonuses as well as 3m of his 2016 cap.
10m SB.
He'll make 13m in 2015 But his cap hits would be
'15: 5m
'16: 8m
'17: 10m
His '18 and '19 base salaries would add up to 18m.
They would cut or trade him then and could split his remaining dead cap of $4 across the last two years.
If you cut him in year 3 you save 4m (8m if you designate him a June 1st cut with him taking a 4m cap hit in 2018) and he plays essentially on a 3yr, 24m deal.
You could also ask him to convert 1m each of his '15 and '16 base salaries into the final years of his deals. With the incentive of doing that by guaranteeing the rest of his '16 salary.
Now he takes cap hits of:
4m, 7m, 10m but 16m of his money his guaranteed across the first 2 years.
This would open up the cap for the next 2 years.
Edit: If he doesn't want to lose any money. You can also do this by converting his 5m RB + 5m of his base salaries (1m in '15, 4m in '16) into Signing Bonus. Let him keep his 2m RB in 2017.
He has cap hits of:
'15: 4m
'16: 7m
'17: 12m
In 2017, even if the Seahawks give extensions to Wilson, Wagner, Irvin, Sweezy, and possibly Okung...they'll have 30-40m in cap space. So adding 2m to his 2017 cap hit wouldn't be a problem.
And if they cut him they save 6 or 10m ( with a 2018 dead cap charge of 4m) or trade him, they save 6m.
He receives Roster Bonuses in of 5m this year and 2m in 2017.
Let's say you restructure him to a 5 year deal, 45m.
You convert those roster bonuses into signing bonuses as well as 3m of his 2016 cap.
10m SB.
He'll make 13m in 2015 But his cap hits would be
'15: 5m
'16: 8m
'17: 10m
His '18 and '19 base salaries would add up to 18m.
They would cut or trade him then and could split his remaining dead cap of $4 across the last two years.
If you cut him in year 3 you save 4m (8m if you designate him a June 1st cut with him taking a 4m cap hit in 2018) and he plays essentially on a 3yr, 24m deal.
You could also ask him to convert 1m each of his '15 and '16 base salaries into the final years of his deals. With the incentive of doing that by guaranteeing the rest of his '16 salary.
Now he takes cap hits of:
4m, 7m, 10m but 16m of his money his guaranteed across the first 2 years.
This would open up the cap for the next 2 years.
Edit: If he doesn't want to lose any money. You can also do this by converting his 5m RB + 5m of his base salaries (1m in '15, 4m in '16) into Signing Bonus. Let him keep his 2m RB in 2017.
He has cap hits of:
'15: 4m
'16: 7m
'17: 12m
In 2017, even if the Seahawks give extensions to Wilson, Wagner, Irvin, Sweezy, and possibly Okung...they'll have 30-40m in cap space. So adding 2m to his 2017 cap hit wouldn't be a problem.
And if they cut him they save 6 or 10m ( with a 2018 dead cap charge of 4m) or trade him, they save 6m.
