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Old 04-06-2014, 11:02 PM   #1
duncan_idaho duncan_idaho is offline
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Originally Posted by chiefzilla1501 View Post
In the example you listed above, if you are spreading $15M over 5 years, you are essentially guaranteeing the contract for 4 years. It isn't until year 4 that the dead money becomes remotely reasonable and even then, to cut the guy you'd be paying $6M in dead money. In the second example, you have the flexibility to cut the guy loose. Restructuring a contract prematurely is the same deal (Berry is different, because his contract is actually in prime position for a restructure). You are creating a little more guarantee in future years of the contract. It's why a lot of teams don't rely on free agency as their primary offseason strategy.
Cap hit to cut in Year 4 would be $3 million, with $3 million hitting the following year.

Not ideal, but not an insurmountable obstacle (and still a significant savings over what the cap hit otherwise would be).
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Old 04-06-2014, 11:07 PM   #2
chiefzilla1501 chiefzilla1501 is offline
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Originally Posted by duncan_idaho View Post
Cap hit to cut in Year 4 would be $3 million, with $3 million hitting the following year.

Not ideal, but not an insurmountable obstacle (and still a significant savings over what the cap hit otherwise would be).
Cap hit to cut in year 4 is $6M. It's a $15M signing bonus prorated by $3M over 5 years. $15M to cut in year 1, $12M in year 2, $9M in year 3, $6M in year 4.
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Old 04-06-2014, 11:11 PM   #3
duncan_idaho duncan_idaho is offline
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Cap hit to cut in year 4 is $6M. It's a $15M signing bonus prorated by $3M over 5 years. $15M to cut in year 1, $12M in year 2, $9M in year 3, $6M in year 4.
If you cut after June 1, they are charged the regular prorated cap amount for that year, and the remainder for the following year.
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Old 04-06-2014, 11:15 PM   #4
chiefzilla1501 chiefzilla1501 is offline
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If you cut after June 1, they are charged the regular prorated cap amount for that year, and the remainder for the following year.
I don't know the nuances of that, admittedly. Maybe you're right. But it's still $6M in dead money. And it still locks you in to contracts that are very difficult to get out of. Flowers is grossly overpaid right now and there's not much we can do about it. That's the kind of thing that happens. These kinds of contracts "guarantee" a lot more money on the back end than they do the front end.
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Old 04-06-2014, 11:22 PM   #5
chiefzilla1501 chiefzilla1501 is offline
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Originally Posted by duncan_idaho View Post
Cap hit to cut in Year 4 would be $3 million, with $3 million hitting the following year.

Not ideal, but not an insurmountable obstacle (and still a significant savings over what the cap hit otherwise would be).
Well, shit. Thank you.

Just looked it up. Learned something interesting today.
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