Thread: Football Myles Garrett wants out of Cleveland
View Single Post
Old 02-03-2025, 10:44 AM   #32
Balto Balto is offline
Veteran
 
Balto's Avatar
 

Join Date: Oct 2008
Location: Arizona
Casino cash: $-37802
Quote:
Originally Posted by tyecopeland View Post
I don't think that is right.



https://www.spotrac.com/news/_/id/11...g-nfl-dead-cap

Because his option bonuses for the next two years aren't due until the 5th day of each league year, the team trading for him would assume those bonuses.
I 100% could be wrong haha but I just looked it all up and while I do believe "Other Bonus" DOES move to the new team, "Prorated Signing Bonus" stays with the old team. Normally a team would have it a little better balanced, Base-Signing Bonus-Other Bonus's. But the Browns put like minimum amount into his BASE and the rest into Bonus's. When I calculated the cap hit I DID include "Other Bonus" I'll break it out.

2025:
Base: $1.255M
Prorated Signing Bonus: $14.76M
Other Bonus: $3.7M

To calculate what the new team will be hit with, I understand it as you add the Base+Other Bonus and the Prorated Signing Bonus stays with old team: $1,22M+$3.7M=$4.96M

2026:
Base: $1.3M
Prorated Signing Bonus: $10.625M
Other Bonus: $8.45M

New team cap hit: $1.3+$8.45M=$9.75M

Again I could be totally wrong
Posts: 2,145
Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.Balto is not part of the Right 53.
     Reply With Quote