Chiefs DJ and Sherman take a pay cut

Sure-Oz · 03-17-2017, 07:24 AM

@FieldYates: Source: Chiefs LB Derrick Johnson has taken a pay cut for 2017. He got a $1M signing bonus & $1M base salary, creating ~$4.25M in cap space.

http://www.espn.com/espn/now?nowId=2...130853782707-4

The full story on LB Derrick Johnson & FB Anthony Sherman's reworked contracts: The Chiefs - who were tight to the salary cap - have agreed to a major pay cut with linebacker Derrick Johnson, per league source. Johnson, who tore his Achilles last year, was due a base salary $4.75M for 2017 and up to $1M in per game roster bonuses. Under his new terms, he signed a deal with a $1M signing bonus and a $1M fully guaranteed base salary. It creates about $4.25M in cap space for the Chiefs and keeps a key leader around. The 2018 portion of his contract remains unchanged, other than the $500k proration of the new signing bonus. The Chiefs also negotiated a pay cut with FB Anthony Sherman, whose base salary was dropped from $1.55M to $1.1M (fully guaranteed). He had per-game roster bonuses of $12,500 that were dropped to $6,250, which created a total of $550,000 in cap space for Kansas City. These moves likely helped facilitate the recent signing of DT Bennie Logan.

[http://a]Field Yates, ESPN Insider

RunKC · 03-17-2017, 07:40 AM

DJ has always been a team player. Old or not I'm going to enjoy his last year or two as a Chief.

**Bowser** · 03-17-2017, 07:42 AM

Excellent, we need all the help we can get with the cap.

I think DJ knew he likely didn't have a choice in the matter - restructure or be cut. It's the crappy but necessary business side of football.

**Rain Man** · 03-17-2017, 07:46 AM

Great team players.

ChiliConCarnage · 03-17-2017, 07:47 AM

gives DJ the chance to play great and earn the 2018 salary or more of t

Fansy the Famous Bard · 03-17-2017, 07:49 AM

.... Paging Tamba.

**Bowser** · 03-17-2017, 07:55 AM

Quote:

Originally Posted by fahrenheit

.... Paging Tamba.

Yeah, seriously. The Chiefs really boffed that whole situation up. Not sure why he would do it because he has all the leverage, but he is a team guy.

Dayze · 03-17-2017, 07:55 AM

can we get Alex to take a cut?

lol

pugsnotdrugs19 · 03-17-2017, 08:02 AM

DJ is just incredible.

mcaj22 · 03-17-2017, 08:07 AM

i see a guy for 17 million that plays more like 7 million that should create about 10 million in space

Fansy the Famous Bard · 03-17-2017, 08:17 AM

Quote:

Originally Posted by mcaj22

i see a guy for 17 million that plays more like 7 million that should create about 10 million in space

We gain about $9 mil this season by cutting\trading him. But we don't have a replacement. Regardless of what happens at this point with the draft\FA\trades... Alex will be a Chief this season.

.... Next season however. We would free $20+ mil by replacing him with whoever we draft this year.

ARROW2 · 03-17-2017, 08:33 AM

Quote:

Originally Posted by fahrenheit

We gain about $9 mil this season by cutting\trading him. But we don't have a replacement. Regardless of what happens at this point with the draft\FA\trades... Alex will be a Chief this season.

.... Next season however. We would free $20+ mil by replacing him with whoever we draft this year.

I am to the point that IDGAF!!!!!!! I still can see Tyreek running free in that WEAK ASS Pitt secondary that Smiff couldn't exploit AT HOME!!!

ARROW2 · 03-17-2017, 08:34 AM

Tired of hoping that the rest of the team plays at peak level at the right time for Alex to win something BIG. This shit is beyond old.......Everybody does realize it has been 47 years since we won it, right?

**YayMike** · 03-17-2017, 08:44 AM

I expect Tamba and Colquitt to restructure too. Creating enough space for the rookies and even another low level FA Signing if we need one.

**Bowser** · 03-17-2017, 08:44 AM

Quote:

Originally Posted by ARROW2

Tired of hoping that the rest of the team plays at peak level at the right time for Alex to win something BIG. This shit is beyond old.......Everybody does realize it has been 47 years since we won it, right?

Just to throw fuel on the fire -

We've only won four playoff games since that 1969 season. Four. Statistically speaking we should have lucked into a few more wins than that in 47 years, much less championships. It's unbelievable, really.

03-17-2017, 07:24 AM
Sure-Oz Stay positive, don't give up Join Date: Dec 2001 Casino cash: $1819383	DJ and Sherman take a pay cut @FieldYates: Source: Chiefs LB Derrick Johnson has taken a pay cut for 2017. He got a $1M signing bonus & $1M base salary, creating ~$4.25M in cap space. http://www.espn.com/espn/now?nowId=2...130853782707-4 The full story on LB Derrick Johnson & FB Anthony Sherman's reworked contracts: The Chiefs - who were tight to the salary cap - have agreed to a major pay cut with linebacker Derrick Johnson, per league source. Johnson, who tore his Achilles last year, was due a base salary $4.75M for 2017 and up to $1M in per game roster bonuses. Under his new terms, he signed a deal with a $1M signing bonus and a $1M fully guaranteed base salary. It creates about $4.25M in cap space for the Chiefs and keeps a key leader around. The 2018 portion of his contract remains unchanged, other than the $500k proration of the new signing bonus. The Chiefs also negotiated a pay cut with FB Anthony Sherman, whose base salary was dropped from $1.55M to $1.1M (fully guaranteed). He had per-game roster bonuses of $12,500 that were dropped to $6,250, which created a total of $550,000 in cap space for Kansas City. These moves likely helped facilitate the recent signing of DT Bennie Logan. [http://a]Field Yates, ESPN Insider
Posts: 46,292

03-17-2017, 07:40 AM	#2
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $-1410389	DJ has always been a team player. Old or not I'm going to enjoy his last year or two as a Chief. __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley
Posts: 52,063

03-17-2017, 07:42 AM	#3
Bowser sorta mod-ish Join Date: Jan 2004 Location: KC North Casino cash: $-18384	Excellent, we need all the help we can get with the cap. I think DJ knew he likely didn't have a choice in the matter - restructure or be cut. It's the crappy but necessary business side of football.
Posts: 106,612

03-17-2017, 07:46 AM	#4
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-452449 VARSITY	Great team players. __________________ Active fan of the greatest team in NFL history.
Posts: 145,252

03-17-2017, 07:47 AM	#5
ChiliConCarnage TACO SALAD Join Date: Apr 2008 Location: yes Casino cash: $-1871532	gives DJ the chance to play great and earn the 2018 salary or more of t
Posts: 7,043

03-17-2017, 07:49 AM	#6
Fansy the Famous Bard I'm with the Banned Join Date: Feb 2009 Casino cash: $-933560	.... Paging Tamba. __________________ Hi.
Posts: 6,398

03-17-2017, 07:55 AM	#8
Dayze Resident Glue Sniffer Join Date: Nov 2003 Casino cash: $1959358	can we get Alex to take a cut? lol __________________ Life is 99% inspiration, 1% Perspiration, and 1% Attention to Detial. RIP & Godspeed: Saccoppo Lonewolf Ed Fire Me Boy
Posts: 37,451

03-17-2017, 08:02 AM	#9
pugsnotdrugs19 SUPER BOWL CHAMPIONS Join Date: Aug 2013 Casino cash: $6639447	DJ is just incredible.
Posts: 29,037

03-17-2017, 08:07 AM	#10
mcaj22 MVP Join Date: Feb 2010 Casino cash: $10014454	i see a guy for 17 million that plays more like 7 million that should create about 10 million in space
Posts: 11,886

03-17-2017, 08:34 AM	#13
ARROW2 MVP Join Date: Mar 2002 Casino cash: $9174329	Tired of hoping that the rest of the team plays at peak level at the right time for Alex to win something BIG. This shit is beyond old.......Everybody does realize it has been 47 years since we won it, right?
Posts: 6,036

03-17-2017, 08:44 AM	#14
YayMike Supporter Join Date: Sep 2009 Location: Baltimore Casino cash: $-1174783	I expect Tamba and Colquitt to restructure too. Creating enough space for the rookies and even another low level FA Signing if we need one.
Posts: 1,186