DJ's left nut |
10-26-2022 03:27 PM |
Quote:
Originally Posted by kccrow
(Post 16556149)
I was just looking at his contract and apparently, there was some misreporting being done or something...
He has 1.17 of guaranteed salary this year and 8.11 million in bonus money. His salary goes up to 18 and 13 million in 2023 and 2024, respectively. They have the 8.11 million in bonus money tacked on in each of those years for cap hits of 26 and 21 million.
So, they are really just paying the balance of the 8.11 left this year, let's call it about 5 million, to pick up a 3rd-round pick provided they are intent on releasing him anyhow in the offseason.
If you can restructure a little of that money next year into a bonus, for example 5 million, you could have Cooks for 2 years at 15.5 million per. That's not bad for a guy that can get you 1100 yards in an offense taylor-made for his skill set.
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Which I did suggest previously - but remember, because his 2023 salary is guaranteed, he has no incentive to take a paycut. So if you reduce his hit next year, it's going to be via a bonus that turns into dead money the following year.
I knew that was the structure of his deal - I'm not at all worried about this year's figure. I'm trying to figure out how to get Houston to eat some of NEXT year's money, hence my suggestion of him agreeing to a new deal with Houston before being traded.
As for the bonus money - already paid. It's strictly an accounting measure. His cap hit for this season for an acquiring team would be just his pro-rated base so, like $900K.
If Houston's looking to 'eat' any money, it has to be next season's. Unless some reporter is acting like Houston is being noble in agreeing to absorb accelerated bonus charges upon trading a player, as though that's not going to happen by rule already.
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