Don't listen to donk revisionists....

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

03-12-2007, 10:51 PM	Topic Starter
T-post Tom Busy in a Kohl's restroom Join Date: Aug 2002 Location: Milk/Honey/Gazland Casino cash: $1917293	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
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