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-   -   Clayton says Law is still in play (https://chiefsplanet.com/BB/showthread.php?t=118910)

whoman69 07-05-2005 10:13 AM

Quote:

Originally Posted by BigChiefDave
I didn't realize we had that much cap space...

If true, we already have enough to sign rookies with. Getting Law would be a matter of dropping some dead weight like McCleon and Woods.

RedThat 07-05-2005 10:20 AM

Quote:

Originally Posted by whoman69
If true, we already have enough to sign rookies with. Getting Law would be a matter of dropping some dead weight like McCleon and Woods.

I also like to add, we would have to restructure several contracts to clear room for him. Guys like Warfield, Green, Holmes, Shields, Roaf would all have to take pay cuts.

jspchief 07-05-2005 10:21 AM

Quote:

Originally Posted by whoman69
If true, we already have enough to sign rookies with. Getting Law would be a matter of dropping some dead weight like McCleon and Woods.

Cutting Mccleon would free up anout 300k. It's hard to say what cutting Woods would do (because he has a multi tiered bonus) but chances are this early in his contract, we would lose money.

There are very few players that the Chiefs could cut and save money (out of the ones worthy of cutting). Most of the real bums are too early in their contracts, so with accelerated bonuses, they would hurt the cap.

One guy that probably could free up some money is Barber. If we can sign an injury settlement with him, it would only hit our cap for 250k this year (I think).

Wile_E_Coyote 07-05-2005 11:16 AM

http://asp.usatoday.com/sports/footb...on.aspx?pos=13

Jerome Woods:
$3,500,000 signing bonus in 2004
xx$660,000 base salary in 2004

TRR 07-05-2005 11:20 AM

Quote:

Originally Posted by jspchief
Cutting Mccleon would free up anout 300k. It's hard to say what cutting Woods would do (because he has a multi tiered bonus) but chances are this early in his contract, we would lose money.

There are very few players that the Chiefs could cut and save money (out of the ones worthy of cutting). Most of the real bums are too early in their contracts, so with accelerated bonuses, they would hurt the cap.

One guy that probably could free up some money is Barber. If we can sign an injury settlement with him, it would only hit our cap for 250k this year (I think).

There is no way I would cut McCleon to save 300k. McCleon was our most consistent CB in 2003, and he gives us great insurance.

jspchief 07-05-2005 11:25 AM

Quote:

Originally Posted by Wile_E_Coyote
http://asp.usatoday.com/sports/footb...on.aspx?pos=13

Jerome Woods:
$3,500,000 signing bonus in 2004
xx$660,000 base salary in 2004

I'm not sure that 3.5 was all paid out in 2004. It was reported as a "multi-tiered" signing bonus, which leads me to believe it wasn't.

But for arguments sake, we'll say it was. That means if we cut him this year his remaining signing bonus will be accelerated to this year's cap. That adds up to almost 3 million. So we'll save the 865,000 in base, but owe the 2.9 mil in pro rated cap, costing us a cap hit of roughly 2 million. So instead of Woods hitting the cap for the 1.5 million that would consist of his base plus pro rated bonus, he'll hit for 2 million.

In effect, cutting Woods will consume 500k more than carrying him on the roster would.


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