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#35 | ||
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-730901
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Quote:
Quote:
The reason you structure it like that is the rollover provision. By removing $8 million from this season's cap figure, it rolls over to next season in effect bringing his 2016 cap hit down accordingly by bringing our overall cap figure for the 2016 league year up by $8 million. Then you can shell game the amount that doesn't get spent in 2016 to carry over into 2017. It's a difficult thing to have to keep reminding yourself of, but with a rollover in place, a heavy frontloading is almost always going to be defensible. Let's say that Houston would have been fine with cap figures of $15 million/season over the next 3 seasons (the average of the 3 above). The Chiefs couldn't actually fit $15 million into this season but they could could have gone ahead and gone with $13 million this season then $16 million and $16 million to make that work. Instead they went with $5 mil this season, $8 rolls over into the 2016 season and raises your cap by $8 million; you can create a fiction of allocating the first $3 million of that rollover to the $19 million cap hit for next season to make it a 'virtual' $16 million and then the remaining $5 million to his 2017 number to get it to around $16 million as well. In the meantime, you've created near term flexibility for potential extensions to ascending players or the opportunity to sign undervalued FAs. Without the rollover it's nutty, but with the rollover it makes perfect sense. It operates a lot like the Ben Grubbs extension did. The Chiefs have shown a preference for structuring deals like this and with no rollover taxes/penalties, it makes a lot of sense.
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"If there's a god, he's laughing at us.....and our football team..." "When you look at something through rose colored glasses, all the red flags just look like flags." |
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