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Old 09-04-2013, 08:59 AM  
Sandy Cheeks Sandy Cheeks is offline
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Brandon Flowers restructures to help KC

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Brian McIntyre ‏@brian_mcintyre 16m
Brandon Flowers restructured his contract. Converted $4M of $7.35M base to a signing bous, clearing $3M in cap space for the Chiefs
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Old 09-04-2013, 09:35 AM   #16
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Originally Posted by Mavericks Ace View Post
lol, I don't think they are going to be cutting Brandon Flowers any time soon. Probably the reason they gave it to him.

On the other hand. Extending Albert probably could of saved them more money.

But, since they failed on that and cant until next offseason, this was prolly the next best thing. Doesn't bode well for Hali in the long run though
It basically means that for the next 4 years of his contract, he'll cost an extra ~$3M to cut in year 1, ~$2M in year 2, ~$1M in year 3. Of course I'm not saying he'll be cut. I'm just saying it's not like he's taking a paycut. He's still going to get the money, but the Chiefs are spreading the cap hit over 3-4 years.
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Old 09-04-2013, 09:36 AM   #17
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Originally Posted by Rudy Was Offsides View Post
Though it seems like a nice reward for Flowers, I didn't know this kind of move was legal. Interesting.
sure it is. Its the same thing the Patriots did with Tom Brady this offseason. When he "signed his extension."

Teams move money like this all the time.

The 49ers did it with Justin smith, and Patrick willis too.
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Old 09-04-2013, 09:36 AM   #18
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Originally Posted by Cave Johnson View Post
Same $$, chief.
I wonder if it is subject to more tax

Or is his tax bracket so high that he always pays the max?
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Old 09-04-2013, 09:37 AM   #19
Rudy lost the toss Rudy lost the toss is offline
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Originally Posted by Mavericks Ace View Post
sure it is. Its the same thing the Patriots did with Tom Brady this offseason. When he "signed his extension."

Teams move money like this all the time.

The 49ers did it with Justin smith, and Patrick willis too.
I like it.
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Old 09-04-2013, 09:37 AM   #20
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Originally Posted by chiefzilla1501 View Post
It basically means that for the next 4 years of his contract, he'll cost an extra ~$3M to cut in year 1, ~$2M in year 2, ~$1M in year 3. Of course I'm not saying he'll be cut. I'm just saying it's not like he's taking a paycut. He's still going to get the money, but the Chiefs are spreading the cap hit over 3-4 years.
Yeah. It makes sense though. the cap is supposed to rise significantly starting next year, or the year after, I cant remember which.
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Old 09-04-2013, 09:38 AM   #21
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Originally Posted by loochy View Post
I wonder if it is subject to more tax

Or is his tax bracket so high that he always pays the max?
I sadly don't have that problem. But I do know that guaranteed money is always better than non guaranteed money lol
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Old 09-04-2013, 09:41 AM   #22
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Originally Posted by Rudy Was Offsides View Post
Though it seems like a nice reward for Flowers, I didn't know this kind of move was legal. Interesting.
Pretty standard procedure when a guy is due a huge base salary. Happened to treat green and Tyson Jackson. It helps both sides. Flowers knows the team is less likely to cut be I'm which is huge if he starts to decline or gets injured, and the Chiefs save cap space.
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Old 09-04-2013, 09:42 AM   #23
Sandy Cheeks Sandy Cheeks is offline
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Originally Posted by John_Wayne View Post
So, why are they clearing cap space? To sign a FA? I can't imagine who it would be. Or, to give Albert a long term contract?
No real indication of a big move coming. Teams like to have a little cap cushion in case of an injury situation, and the money rolls over to next season's cap regardless. I don't believe they can negotiate with Albert, as he signed his contract already this season. It's highly doubtful that Albert will be in KC next season, and I imagine the Chiefs didn't select Fisher at 1.1 to be their RT after this year anyway.
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Old 09-04-2013, 09:46 AM   #24
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Welcome home, Brandon Lloyd.
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Old 09-04-2013, 09:48 AM   #25
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Originally Posted by loochy View Post
I wonder if it is subject to more tax

Or is his tax bracket so high that he always pays the max?
Nah, he was already in the 39% bracket.
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Old 09-04-2013, 09:49 AM   #26
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Old 09-04-2013, 09:50 AM   #27
Cave Johnson Cave Johnson is offline
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Originally Posted by Bootlegged View Post
Welcome home, Brandon Lloyd.
I bet teams are waiting to sign him after week 1 (preventing the whole contract from being guaranteed).
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Old 09-04-2013, 09:54 AM   #28
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Welcome home, Brandon Lloyd.
What would we do with Lloyd, exactly?

Honestly, I'd rather have Avery as my 2.
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Old 09-04-2013, 09:55 AM   #29
Bootlegged Bootlegged is offline
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What would we do with Lloyd, exactly?

Honestly, I'd rather have Avery as my 2.
74 catches for 911 yds last yr. I'm sure they can find somewhere for him.
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Old 09-04-2013, 09:58 AM   #30
DaneMcCloud DaneMcCloud is offline
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Originally Posted by loochy View Post
I wonder if it is subject to more tax

Or is his tax bracket so high that he always pays the max?
He'll earn the same exact amount over the course of sixteen weeks. His taxation amount will depend on whether or not he's asked the club to withhold taxes.
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