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-   -   Chiefs Eric Berry signs 6-year, $78m extension (https://chiefsplanet.com/BB/showthread.php?t=306283)

T-post Tom 02-28-2017 02:10 PM

Quote:

Originally Posted by staylor26 (Post 12761052)
Maybe we should drop Dorsey and hire you then!

Salary cap and veteran contracts have not been one of Dorsey's strengths. I would gladly take a small, reasonable salary as Cap Consultant. :thumb: That said, I'm not calling for his job. He's also made a lot of good moves with the roster.

staylor26 02-28-2017 02:13 PM

Quote:

Originally Posted by T-post Tom (Post 12761059)
Salary cap and veteran contracts have not been one of Dorsey's strengths. I would gladly take a small, reasonable salary as Cap Consultant. :thumb: That said, I'm not calling for his job. He's also made a lot of good moves with the roster.

lol I'm just giving you shit man!

ThaVirus 02-28-2017 02:14 PM

I'll say it again here, because either I'm confused or a few others are:

This should work out to around a $16 million cap hit per season on average.

Remains to be seen whether the deal will be worth it or not but I think he can be effective for the length of the contract.

T-post Tom 02-28-2017 02:16 PM

Quote:

Originally Posted by staylor26 (Post 12761067)
lol I'm just giving you shit man!

So you don't have the pull to get me hired as a Capoligist?

https://cdn.meme.am/cache/instances/...x/43616015.jpg

Nightfyre 02-28-2017 02:16 PM

So really this deal is 4/47 with chiefs having plenty of leverage and flexibility in the 2021 season.

Sassy Squatch 02-28-2017 02:17 PM

Quote:

Originally Posted by ThaVirus (Post 12761072)
I'll say it again here, because either I'm confused or a few others are:

This should work out to around a $16 million cap hit per season on average.

Remains to be seen whether the deal will be worth it or not but I think he can be effective for the length of the contract.

How? 78÷6 is 13 exactly. How do you get to a 16 mil AAV?

ThaVirus 02-28-2017 02:20 PM

Eric Berry signs 6-year, $78m extension
 
Quote:

Originally Posted by Superturtle (Post 12761084)
How? 78÷6 is 13 exactly. How do you get to a 16 mil AAV?


That's where either I or a few of you guys are confused..

As far as I'm aware, when figuring out the CAP HIT, you have to include the signing bonus, which is generally stretched out over the length of the contract. So we'd essentially be adding an additional $3+ million per season ($20m divided by 6 years) to the $13m salary.

Sofa King 02-28-2017 02:22 PM

Quote:

Originally Posted by ThaVirus (Post 12761072)
I'll say it again here, because either I'm confused or a few others are:

This should work out to around a $16 million cap hit per season on average.

Remains to be seen whether the deal will be worth it or not but I think he can be effective for the length of the contract.

How did you get 16?

DaFace 02-28-2017 02:22 PM

Quote:

Originally Posted by ThaVirus (Post 12761087)
That's where either I or a few of you guys are confused..

As far as I'm aware, when figuring out the CAP HIT, you have to include the signing bonus, which is generally stretched out over the length of the contract. So we'd essentially be adding an additional $3+ million per season ($20m divided by 6 years) to the $13m salary.

"Chiefs gave S Eric Berry a six-year, $78 million deal that includes $40 million guaranteed and a $20 mil signing bonus, per source."

The signing bonus is part of the $78m.

dlphg9 02-28-2017 02:23 PM

Love me some Eric Berry

PHOG 02-28-2017 02:24 PM

Nice!! :thumb:

ThaVirus 02-28-2017 02:25 PM

Quote:

Originally Posted by DaFace (Post 12761096)
"Chiefs gave S Eric Berry a six-year, $78 million deal that includes $40 million guaranteed and a $20 mil signing bonus, per source."



The signing bonus is part of the $78m.


Guess I was the one confused then.

That's awesome. $13m cap hit isn't too bad.

DJ's left nut 02-28-2017 02:27 PM

Quote:

Originally Posted by ThaVirus (Post 12761072)
I'll say it again here, because either I'm confused or a few others are:

This should work out to around a $16 million cap hit per season on average.

Remains to be seen whether the deal will be worth it or not but I think he can be effective for the length of the contract.

You're still wrong.

The $78 million includes the bonus. It's $58 million in salary + $20 million signing bonus.

You're double counting the signing bonus - no contracts are ever announced like that.

DJ's left nut 02-28-2017 02:29 PM

Quote:

Originally Posted by ThaVirus (Post 12761087)
That's where either I or a few of you guys are confused..

As far as I'm aware, when figuring out the CAP HIT, you have to include the signing bonus, which is generally stretched out over the length of the contract. So we'd essentially be adding an additional $3+ million per season ($20m divided by 6 years) to the $13m salary.

Can only spread a bonus over 5; so take the $58 million in salary, guarantee $20 of it (the remaining $20 mil gtd is the bonus) and spread that out over 6 years however you see fit, then add $4 mil/season to the first 5 seasons for the total cap hit.

mcaj22 02-28-2017 02:32 PM

yea Clark literally cut a fat check when that contract was signed today.

This agent is cleaning Clarks pockets Berry, LDT, Spiller


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