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Old 11-06-2018, 10:51 AM   #1
DJ's left nut DJ's left nut is offline
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So here's an interesting thought that I pondered as I was watching Cooper be average as hell last night.

I think we all kinda view Sammy Watkins deal as a 2 year contract with the overwhelming odds being that he doesn't see that 3rd year at $20+ million on the cap. But the Chiefs structured that deal in a way that would make it VERY appealing in trade.

If they cut him, $7 million in signing bonus hits their cap that last season because they put a SHITLOAD of his deal into bonus. His base salary in that final year is only $13.75 million. I mean I say 'only' but that's actually very reasonable for teams looking for a potential WR1. He'll still only be 27 yrs old heading into that season. We essentially absorb 1/3 of his cap hit and now a potential WR1 can be had for a team via trade with a really reasonable single season cap hit of a tick under $14 million.

Now I'm not saying we'll get a 1 for him, but there's a real chance we could get a 3 and I would think a 2 isn't impossible if he stays productive over the next season+.

If we're gonna cut him in that third season anyway, the amount of accelerated bonus onto our cap is irrelevant. So if we can trade him instead (and we really should be able to), there's a way to recapture some draft capital that could help offset the cap hit. It makes that contract all the more palatable given that we're getting him well under market this season.
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Old 11-06-2018, 11:46 AM   #2
Marco Polo Marco Polo is offline
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Quote:
Originally Posted by DJ's left nut View Post
So here's an interesting thought that I pondered as I was watching Cooper be average as hell last night.

I think we all kinda view Sammy Watkins deal as a 2 year contract with the overwhelming odds being that he doesn't see that 3rd year at $20+ million on the cap. But the Chiefs structured that deal in a way that would make it VERY appealing in trade.

If they cut him, $7 million in signing bonus hits their cap that last season because they put a SHITLOAD of his deal into bonus. His base salary in that final year is only $13.75 million. I mean I say 'only' but that's actually very reasonable for teams looking for a potential WR1. He'll still only be 27 yrs old heading into that season. We essentially absorb 1/3 of his cap hit and now a potential WR1 can be had for a team via trade with a really reasonable single season cap hit of a tick under $14 million.

Now I'm not saying we'll get a 1 for him, but there's a real chance we could get a 3 and I would think a 2 isn't impossible if he stays productive over the next season+.

If we're gonna cut him in that third season anyway, the amount of accelerated bonus onto our cap is irrelevant. So if we can trade him instead (and we really should be able to), there's a way to recapture some draft capital that could help offset the cap hit. It makes that contract all the more palatable given that we're getting him well under market this season.
I like your thinking
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Old 11-06-2018, 12:01 PM   #3
carlos3652 carlos3652 is offline
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Quote:
Originally Posted by DJ's left nut View Post
So here's an interesting thought that I pondered as I was watching Cooper be average as hell last night.

I think we all kinda view Sammy Watkins deal as a 2 year contract with the overwhelming odds being that he doesn't see that 3rd year at $20+ million on the cap. But the Chiefs structured that deal in a way that would make it VERY appealing in trade.

If they cut him, $7 million in signing bonus hits their cap that last season because they put a SHITLOAD of his deal into bonus. His base salary in that final year is only $13.75 million. I mean I say 'only' but that's actually very reasonable for teams looking for a potential WR1. He'll still only be 27 yrs old heading into that season. We essentially absorb 1/3 of his cap hit and now a potential WR1 can be had for a team via trade with a really reasonable single season cap hit of a tick under $14 million.

Now I'm not saying we'll get a 1 for him, but there's a real chance we could get a 3 and I would think a 2 isn't impossible if he stays productive over the next season+.

If we're gonna cut him in that third season anyway, the amount of accelerated bonus onto our cap is irrelevant. So if we can trade him instead (and we really should be able to), there's a way to recapture some draft capital that could help offset the cap hit. It makes that contract all the more palatable given that we're getting him well under market this season.
Who gave him that contract?
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Old 11-06-2018, 01:29 PM   #4
DJ's left nut DJ's left nut is offline
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Who gave him that contract?
Veach.

I'd imagine the heavy bonus was in large part because he had to. The Cowboys were clearly desperate and if the Chiefs were offering similar overall dollars but no #1 WR role, the way to close that deal was a shitload of up front cash. Writing the guy a check for $21 million and guaranteeing his 2019 salary pretty much closed bidding.

But he MIGHT have also known that it would make him tradeable in year 3. And if so, damn that's some good long-term planning.
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Old 11-06-2018, 12:11 PM   #5
RunKC RunKC is offline
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Quote:
Originally Posted by DJ's left nut View Post
So here's an interesting thought that I pondered as I was watching Cooper be average as hell last night.

I think we all kinda view Sammy Watkins deal as a 2 year contract with the overwhelming odds being that he doesn't see that 3rd year at $20+ million on the cap. But the Chiefs structured that deal in a way that would make it VERY appealing in trade.

If they cut him, $7 million in signing bonus hits their cap that last season because they put a SHITLOAD of his deal into bonus. His base salary in that final year is only $13.75 million. I mean I say 'only' but that's actually very reasonable for teams looking for a potential WR1. He'll still only be 27 yrs old heading into that season. We essentially absorb 1/3 of his cap hit and now a potential WR1 can be had for a team via trade with a really reasonable single season cap hit of a tick under $14 million.

Now I'm not saying we'll get a 1 for him, but there's a real chance we could get a 3 and I would think a 2 isn't impossible if he stays productive over the next season+.

If we're gonna cut him in that third season anyway, the amount of accelerated bonus onto our cap is irrelevant. So if we can trade him instead (and we really should be able to), there's a way to recapture some draft capital that could help offset the cap hit. It makes that contract all the more palatable given that we're getting him well under market this season.
Great point.

Posted this in the draft page, but look at our team. Reiter is a good backup. So is Devey. Wylie is also here another year if they so choose. Jeff Allen could easily stay and they love McKenzie.

OL doesn’t need a high pick this year and they used an entire draft on defense. I think our 2ns from Peters is a luxury item which could be used as another cheap weapon at WR or TE.

Makes sense with your post.
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