Don't listen to donk revisionists.... - Page 2

T-post Tom · 03-12-2007, 10:51 PM

The donks are NOT benefiting from Plummer's retirement. In fact, the Bucs may have raped the donks out of $7M… all for a paltry 7th round pick. This provided a good laugh. Enjoy.

2. I think the Jake Plummer story isn't over. Not by a long shot. There are two key parts of the Plummer trade to the Broncos:

a. Denver gets a seventh-round pick in '08 if Plummer doesn't play or report to Tampa Bay or any other team by draft day '08. If he plays or reports anywhere in the next 13 months, Denver is owed a fourth-rounder.

b. I expect Tampa Bay GM Bruce Allen to give Plummer a couple of months to make a decision about whether he wants to return this year or next year. Maybe more than a couple of months. But at some point, I expect Allen to go after the pro-rated $7 million in signing-bonus money Plummer has assigned to each of the last three years of his contract -- '07, '08, '09.

There is precedent for teams to go after portions of a signing bonus if a player retires before the term of his contract expires, and I expect Allen would get this money from Plummer, which would be a heck of a good investment for a seventh-round draft choice. So the Bucs would be enriched by $7 million if they win what surely would be a grievance filed by Plummer, who wouldn't want to give the money back.

Confused? When players sign long-term contracts, for cap purposes, a pro-rated portion of the signing bonus is assigned to each year of the contract and made part of his cap number. In '03, Plummer signed a seven-year, $40 million contract. He's played four years of the deal. The assumption when a player signs a seven-year contract is that he's being paid a signing bonus commensurate with the total number of years in the contract. Now, a total of $7 million in pro-rated bonus money remains, even if Plummer chooses not to play.

There's no doubt in my mind that one of the reasons Allen made this deal is knowing that even if Plummer didn't play again, the Bucs would have the right to go after the $7 million. Remember a couple of years ago when Allen went after Keenan McCardell's $1 million roster bonus and won, when McCardell refused to play for Tampa Bay and forced a trade to San Diego? The history's there. In the end, even if Plummer doesn't play another snap in the NFL, this deal has the potential to be a very good one for Tampa Bay.

http://sportsillustrated.cnn.com/200...11/mmqb/2.html

**Bowser** · 03-14-2007, 09:46 AM

Yep, Jake stuck it to the Broncos.

crazycoffey · 03-14-2007, 09:52 AM

Quote:

Originally Posted by rxrider

Does that mean he covers himself with SHEETROCK?

what does sheetrock have to do with the caveman commercials?

Mile High Mania · 03-14-2007, 10:36 AM

Quote:

Originally Posted by Bowser

Yep, Jake stuck it to the Broncos.

Yep, he is now retired and may owe someone upwards of $7M... he came out on top.

**Bowser** · 03-14-2007, 11:01 AM

Quote:

Originally Posted by Mile High Mania

Yep, he is now retired and may owe someone upwards of $7M... he came out on top.

You guys get a seventh instead of a fourth, and don't get to recoup any of the signing bonus. That's getting it stuck to you.

And nobody here is arguing that Plummer is a genius. I think if I were he, I would feel pretty good about going to Tampa and "competing" against Chris Simms, who is recovering from a lacerated spleen (or kidney?) for the starting job.

Kerberos · 03-14-2007, 11:07 AM

Quote:

Originally Posted by Bowser

You guys get a seventh instead of a fourth, and don't get to recoup any of the signing bonus. That's getting it stuck to you.

And nobody here is arguing that Plummer is a genius. I think if I were he, I would feel pretty good about going to Tampa and "competing" against Chris Simms, who is recovering from a lacerated spleen (or kidney?) for the starting job.

Most veterans wouldn't put up with Grudens BS unless of course they absolutely, positively have to. Jake didn't have to.

I don't blame JP in the least for not wanting to go there.

Of course sticking it to Denver any way he can is just a bonus.

Mile High Mania · 03-14-2007, 11:10 AM

Quote:

Originally Posted by Bowser

You guys get a seventh instead of a fourth, and don't get to recoup any of the signing bonus. That's getting it stuck to you.

And nobody here is arguing that Plummer is a genius. I think if I were he, I would feel pretty good about going to Tampa and "competing" against Chris Simms, who is recovering from a lacerated spleen (or kidney?) for the starting job.

Go back and read that excerpt from the Denver journalist... Denver included that verbiage about the rights to the bonus (should JP not play) in the trade, so how is Jake responsible for that piece?

ct · 03-14-2007, 11:10 AM

PK is an idiot. Bruce Allen cannot recoup the signing bonux $ that he did not pay Plummer.

Mile High Mania · 03-14-2007, 11:28 AM

Well, he can if Denver included that verbiage in the trade and it appears that is likely the case. See one of the previous posts...

**HemiEd** · 03-14-2007, 11:52 AM

But the good news is: Denver is stuck with the 8.5 Million cap number this year!! right?

Mile High Mania · 03-14-2007, 01:39 PM

Quote:

Originally Posted by HemiEd

But the good news is: Denver is stuck with the 8.5 Million cap number this year!! right?

Yeah, but that's something they had essentially planned for since drafting Cutler... lots of guys have restructured their deals, so it hasn't hurt them so far.

htismaqe · 03-14-2007, 01:41 PM

Quote:

Originally Posted by HemiEd

But the good news is: Denver is stuck with the 8.5 Million cap number this year!! right?

Denver is exempt from the salary cap.

And most other NFL rules.

Mile High Mania · 03-14-2007, 01:44 PM

Quote:

Originally Posted by htismaqe

Denver is exempt from the salary cap.

And most other NFL rules.

Enh, I don't think that's entirely accurate...

teedubya · 03-14-2007, 01:57 PM

why not go to Tampa and feign an injury? Then he could get an injury settlement, vis a vis Bubby Brister.

Adept Havelock · 03-14-2007, 02:49 PM

Quote:

Originally Posted by Mile High Mania

Enh, I don't think that's entirely accurate...

True, it's only completely accurate in years they won tainted Lombardis.

03-12-2007, 10:51 PM
T-post Tom Busy in a Kohl's restroom Join Date: Aug 2002 Location: Milk/Honey/Gazland Casino cash: $1907293	Don't listen to donk revisionists.... The donks are NOT benefiting from Plummer's retirement. In fact, the Bucs may have raped the donks out of $7M… all for a paltry 7th round pick. This provided a good laugh. Enjoy. 2. I think the Jake Plummer story isn't over. Not by a long shot. There are two key parts of the Plummer trade to the Broncos: a. Denver gets a seventh-round pick in '08 if Plummer doesn't play or report to Tampa Bay or any other team by draft day '08. If he plays or reports anywhere in the next 13 months, Denver is owed a fourth-rounder. b. I expect Tampa Bay GM Bruce Allen to give Plummer a couple of months to make a decision about whether he wants to return this year or next year. Maybe more than a couple of months. But at some point, I expect Allen to go after the pro-rated $7 million in signing-bonus money Plummer has assigned to each of the last three years of his contract -- '07, '08, '09. There is precedent for teams to go after portions of a signing bonus if a player retires before the term of his contract expires, and I expect Allen would get this money from Plummer, which would be a heck of a good investment for a seventh-round draft choice. So the Bucs would be enriched by $7 million if they win what surely would be a grievance filed by Plummer, who wouldn't want to give the money back. Confused? When players sign long-term contracts, for cap purposes, a pro-rated portion of the signing bonus is assigned to each year of the contract and made part of his cap number. In '03, Plummer signed a seven-year, $40 million contract. He's played four years of the deal. The assumption when a player signs a seven-year contract is that he's being paid a signing bonus commensurate with the total number of years in the contract. Now, a total of $7 million in pro-rated bonus money remains, even if Plummer chooses not to play. There's no doubt in my mind that one of the reasons Allen made this deal is knowing that even if Plummer didn't play again, the Bucs would have the right to go after the $7 million. Remember a couple of years ago when Allen went after Keenan McCardell's $1 million roster bonus and won, when McCardell refused to play for Tampa Bay and forced a trade to San Diego? The history's there. In the end, even if Plummer doesn't play another snap in the NFL, this deal has the potential to be a very good one for Tampa Bay. http://sportsillustrated.cnn.com/200...11/mmqb/2.html
Posts: 22,289

03-14-2007, 09:46 AM	#16
Bowser sorta mod-ish Join Date: Jan 2004 Location: KC North Casino cash: $-38384	Yep, Jake stuck it to the Broncos.
Posts: 106,658

03-14-2007, 11:10 AM	#22
ct u b illian Join Date: Aug 2000 Location: DooDah Casino cash: $10009436	PK is an idiot. Bruce Allen cannot recoup the signing bonux $ that he did not pay Plummer.
Posts: 7,287

03-14-2007, 11:28 AM	#23
Mile High Mania #triggering Join Date: Aug 2000 Location: Tejas Casino cash: $1067229	Well, he can if Denver included that verbiage in the trade and it appears that is likely the case. See one of the previous posts... __________________
Posts: 30,894

03-14-2007, 11:52 AM	#24
HemiEd Supporter Join Date: Dec 2004 Location: Ozarks Casino cash: $-299436	But the good news is: Denver is stuck with the 8.5 Million cap number this year!! right?
Posts: 34,814

03-14-2007, 01:57 PM	#28
teedubya Most Valuable Poster Join Date: Oct 2003 Casino cash: $8993042	why not go to Tampa and feign an injury? Then he could get an injury settlement, vis a vis Bubby Brister.
Posts: 36,828