11 minutes ago, downundermike said:

 

 

Welcome to another edition of downundermike explaining the salary cap to dummies.

Carson Wentz cap number for the 2021 season is $ 34,673,563.  That is made up of the following highlighted in the red boxes.  On the 3rd day of the league year, the 25.4 million comprised of the base salary of 15.4 million and the roster bonus of 10 million becomes fully guaranteed.  It does not change the cap number, unless he is cut or traded, cap number is 34.6 million regardless.

 

If Carson Wentz is traded before the 3rd day of the league year, the cap hit is 33,820,608. This is made up by the green boxes below, the acceleration of the prorated signing bonus spread across the life of the contract.

The only time the 59,220,608 cap number comes into play, is if Carson Wentz is traded after the 3rd day of the league year when his base and roster bonus becomes fully guaranteed.  It then becomes a combination of the guaranteed salary and the future pro rated signing bonus accelerating to the current year, shown in the blue boxes.

If Carson Wentz is on the roster after the 3rd day of the league year, the cap hit is 34.6 million.  If he is cut / traded before then, the cap hit is 33.8 million.

 

The only time the cap number of 59.2 million comes into play is if he is cut or traded after the 3rd day of the league year.

So when Carson Wentz is on the roster March 21st, we can move on from this discussion.

Is this going to be on the final on March 20th?

I'll be the first to say that I don't understand the cap.  I'm not sure how completely any of us can actually see the whole picture from our perspective.  

Some of us go to sportrac or overthecap.  That will show you the cap hits, the salary, the roster bonus, the guarantees, the hits if cut/traded at various dates.  That's a good look at the overall situation...but they still do other things to convert bonuses into guarantees, rollover space between years, and otherwise move money around in ways that I don't quite understand.  I'm not sure where the fine print exists out there amidst the misinformation for a fan to actually know the options at that level of minutiae.

 

13 minutes ago, downundermike said:

 

 

Welcome to another edition of downundermike explaining the salary cap to dummies.

Carson Wentz cap number for the 2021 season is $ 34,673,563.  That is made up of the following highlighted in the red boxes.  On the 3rd day of the league year, the 25.4 million comprised of the base salary of 15.4 million and the roster bonus of 10 million becomes fully guaranteed.  It does not change the cap number, unless he is cut or traded, cap number is 34.6 million regardless.

 

If Carson Wentz is traded before the 3rd day of the league year, the cap hit is 33,820,608. This is made up by the green boxes below, the acceleration of the prorated signing bonus spread across the life of the contract.

The only time the 59,220,608 cap number comes into play, is if Carson Wentz is traded after the 3rd day of the league year when his base and roster bonus becomes fully guaranteed.  It then becomes a combination of the guaranteed salary and the future pro rated signing bonus accelerating to the current year, shown in the blue boxes.

If Carson Wentz is on the roster after the 3rd day of the league year, the cap hit is 34.6 million.  If he is cut / traded before then, the cap hit is 33.8 million.

 

The only time the cap number of 59.2 million comes into play is if he is cut or traded after the 3rd day of the league year.

So when Carson Wentz is on the roster March 21st, we can move on from this discussion.

I don't understand the cap so thanks for the "cap for dummies" version lol

3 minutes ago, The Blackfish said:

Lawrence Taylor would of been sending hookers with Covid to the Chiefs players all week, Brady needs to be better. 

This is where Brady misses Belichick.  Belicheat shines in these situations.  He'd have some Bond/Bourne level plan to get that virus into their practices and to make it their fault.

3 minutes ago, eagle45 said:

I'll be the first to say that I don't understand the cap.  I'm not sure how completely any of us can actually see the whole picture from our perspective.  

Some of us go to sportrac or overthecap.  That will show you the cap hits, the salary, the roster bonus, the guarantees, the hits if cut/traded at various dates.  That's a good look at the overall situation...but they still do other things to convert bonuses into guarantees, rollover space between years, and otherwise move money around in ways that I don't quite understand.  I'm not sure where the fine print exists out there amidst the misinformation for a fan to actually know the options at that level of minutiae.

 

You can renegotiate a lot of parts of the contract, the signing bonus that is prorated over the life of the contract is not one of those things. Those numbers are etched in stone.

One of the NFL insider guys was on NFL network a couple of weeks ago, the only way the Eagles could lower the cap hit to trade Carson Wentz, is he would have to write them a check and pay back the bonus money he has already been paid.

3 minutes ago, Mike030270 said:

I don't understand the cap so thanks for the "cap for dummies" version lol

Word.  At the advice of Don Corleone I once emailed  Jason from the over the cap website, and he gave me a pretty quick run through but a thorough explanation on how those numbers all tie in to the current and future years.

8 minutes ago, The Blackfish said:

Lawrence Taylor would of been sending hookers with Covid to the Chiefs players all week, Brady needs to be better. 

No he wouldn’t have. He would’ve been snorting coke off their asses. 

2 minutes ago, downundermike said:

Word.  At the advice of Don Corleone I once emailed  Jason from the over the cap website, and he gave me a pretty quick run through but a thorough explanation on how those numbers all tie in to the current and future years.

Oh that's cool. Also if you're in contact with Don tell him we all miss him and he should stop his sabbatical and come back lol

11 minutes ago, Mike030270 said:

Oh that's cool. Also if you're in contact with Don tell him we all miss him and he should stop his sabbatical and come back lol

The only contact I ever had with him is through here and Twitter, and he’s deleted his Twitter account.

18 minutes ago, Mike030270 said:

Would've been even better if the last picture had something along the lines of:

YOURE A WENTZ WASHER 

But funny either way.

38 minutes ago, downundermike said:

 

 

Welcome to another edition of downundermike explaining the salary cap to dummies.

Carson Wentz cap number for the 2021 season is $ 34,673,563.  That is made up of the following highlighted in the red boxes.  On the 3rd day of the league year, the 25.4 million comprised of the base salary of 15.4 million and the roster bonus of 10 million becomes fully guaranteed.  It does not change the cap number, unless he is cut or traded, cap number is 34.6 million regardless.

 

If Carson Wentz is traded before the 3rd day of the league year, the cap hit is 33,820,608. This is made up by the green boxes below, the acceleration of the prorated signing bonus spread across the life of the contract.

The only time the 59,220,608 cap number comes into play, is if Carson Wentz is traded after the 3rd day of the league year when his base and roster bonus becomes fully guaranteed.  It then becomes a combination of the guaranteed salary and the future pro rated signing bonus accelerating to the current year, shown in the blue boxes.

If Carson Wentz is on the roster after the 3rd day of the league year, the cap hit is 34.6 million.  If he is cut / traded before then, the cap hit is 33.8 million.

 

The only time the cap number of 59.2 million comes into play is if he is cut or traded after the 3rd day of the league year.

So when Carson Wentz is on the roster March 21st, we can move on from this discussion.

You’re half right, half wrong here. 

1 hour ago, Sack that QB said:

I was visiting a relative a few days ago and heard a bang and when I came outside someone accidentally rammed into my car and Fed up my car door. I got all the insurance stuff gathered and I need to file the claim and get the repair setup.

Has anyone ever had a car door replaced through an insurance claim before? Do you know if they replace it with a factory brand new car door same make/model as I had before the damage if the door itself is unable to be repaired?

I don't want some cheap replacement, I want my car looking like new. It's a relatively new car and I took great care of it. I just never trust insurance companies and what they'll pay for is all.

Even if you have a dealer replace with a brand new door straight from the factory,  you may always have increased wind noise.  Usually,  nothing ever fits just perfectly like the door that was built with the car. 

But,  aesthetics-wise you'll be fine. 

If wind noise will bother you,  it's worth seeing if a body shop can pop out that dent first to keep the original door if possible. 

22 minutes ago, Casey @ Bat said:

No he wouldn’t have. He would’ve been snorting coke off their asses. 

That’s fine, doesn’t mean he wouldn’t send a few to the Chiefs players. I know it’s not the ‘80’s and it’s harder to get away with stuff like that, but it worked then, it’ll work now. 

Again, Schefter doesn't speculate for no reason. If he gets on radio and says things, he's doing it for a reason. 

12 minutes ago, LeanMeanGM said:

You’re half right, half wrong here. 

Nope, but please explain.

4 minutes ago, downundermike said:

Nope, but please explain.

Um, yea, and I will. You aren’t far off but you have some details wrong.

58 minutes ago, Sack that QB said:

I was visiting a relative a few days ago and heard a bang and when I came outside someone accidentally rammed into my car and Fed up my car door. I got all the insurance stuff gathered and I need to file the claim and get the repair setup.

Has anyone ever had a car door replaced through an insurance claim before? Do you know if they replace it with a factory brand new car door same make/model as I had before the damage if the door itself is unable to be repaired?

I don't want some cheap replacement, I want my car looking like new. It's a relatively new car and I took great care of it. I just never trust insurance companies and what they'll pay for is all.

I worked for one of the largest multinational insurance companies in the world and have extensive background in this area.  If you are dealing with your own company, they are governed by your insurance policy.  The policy provides for like kind and quality.  In other words, they can use after market materials but the have to fit with what you had.   On a door, the only aftermarket would most likely be the door glass.  The door will be appraised to see if it can be repaired or needs to be replaced.  Now, depending on the age, the best bet for replacement may be a used door.  For example, I own a 2006 Honda CRV.  Honda doesn’t make doors for it any longer.   They will go to a salvage yard if I needed a door.  If you have collision coverage report to your carrier.  Your vehicle was parked and unoccupied so the loss would have no impact on your premium. By reporting to your insurer, at the very least, you get to choose your options.  Take whichever gives you a better feel.  If you can afford your deductible.  If your company pays, they will pursue recovery from the other party and/or their insurer.  The way subrogation (pursuing recovery) works is your deductible is included.  If they only recover 75%, you get your full deductible because your deductible goes first.  If the other party is insured, the companies go to inter company arbitration which your insurer will handle.  It is seamless but can take a few months.

If the other party is insured, let them appraise the damage too.  Under legal liability law, they owe their client’s share of liability less of your property’s actual cash value. Actual cash value is defined under the law as the value before the accident less depreciation.  Again to my 2006 CRV. My door is a 15 year old door.  They don’t owe me a 2021 door.  They owe me a 2006 door.  Probably from a salvage yard with a new coat of paint and transferring my interior to the replacement door.  They may seek to take your statement about the facts.  They want your facts to determine liability.   Unoccupied vehicle, about the only way you have liability is parked the wrong way at night(reflective tail lights)into the road or parked across the road.  Shouldn’t be an issue.

There are basically three liability basis in the states.  Contributory negligence, very rare, in states like MD or NC where it you are any percentage of liable, you don’t collect.  Pure comparative liability states like FL or NY, where a party can collect the other party’s share of liability.  For example, if you are 75% responsible, you can collect 25% of your damages.  Most states are greater than comparative.  You cannot collect if you are more liable than the other party.  But you can only collect the other party(s)’s share of liability.  For example,  if you were 25% at fault, you collect 75% of the damages required .  This is where adjusters sometimes fail, in explaining legal liability and what TV lawyers feast on at a third of what is owed because this is Greek to most folk.  (Occasionally, you will see NCIggles and me disagree on these aspects because we were on different sides.  I will tell you that contrary to the advertisements on TV from some law firms, there is no reward for trying to pay the lowest amount. On more complex cases sometimes a good attorney on the other side helps resolution.)  The target is certainty by the insurer and in auto physical damage, which is your claim, that is file closure and quick resolution (the longer a claim is open, the more time spent and the more time money is reserved against uncertainty).  

The insurance carrier may try to refer you to an approved shop.  An approved shop is a repair facility that the carrier has audit abilities on that can write an estimate.  No harm in that.  Many approved shops agree that if you allow them to repair the vehicle, they will guarantee the repair for as long as you own that vehicle.   That is a good thing.  They get no reward from the carrier other than the chance to win your business.  Carriers do audit for the accuracy of estimates to get that status but the value to the carrier is an accurate cost free appraisal.  The guarantee is nice but if your car is drivable you can always take the appraisal to your regular (hope you don’t have one) repairer and ask if they can repair the car for the estimate.

I realize I went on too long for the Blog.  If you have any questions, PM me.  The fact you don’t trust insurers suggests all those attorney ads are working.  And Manu wonders why I am a media skeptic.

2 hours ago, downundermike said:

T

 

Welcome to another edition of downundermike explaining the salary cap to dummies.

Carson Wentz cap number for the 2021 season is $ 34,673,563.  That is made up of the following highlighted in the red boxes.  On the 3rd day of the league year, the 25.4 million comprised of the base salary of 15.4 million and the roster bonus of 10 million becomes fully guaranteed.  It does not change the cap number, unless he is cut or traded, cap number is 34.6 million regardless.

 

Let’s start here. The bolded is not correct. Both the base salary and roster bonus are already fully guaranteed. Notice the Guaranteed salary column of $25.4M, that’s what it is referring to. Look at the "contract notes” under the table. For reference: "Wentz' 2019 and 2020 base salaries are guaranteed as is a $10 million 2021 roster bonus.  Wentz' 2021 salary will become fully guaranteed if he is on the roster on the 3rd day of the 2020 league year”

On the 3rd day of the 2021 league year the Eagles pay the $10M roster bonus but it’s guaranteed. Just like his 2021 base salary is because he was here in 2020. You’re last sentence is correct. 

2 hours ago, downundermike said:

 

 

If Carson Wentz is traded before the 3rd day of the league year, the cap hit is 33,820,608. This is made up by the green boxes below, the acceleration of the prorated signing bonus spread across the life of the contract.

This is also correct. 

 

2 hours ago, downundermike said:

 

The only time the 59,220,608 cap number comes into play, is if Carson Wentz is traded after the 3rd day of the league year when his base and roster bonus becomes fully guaranteed.  It then becomes a combination of the guaranteed salary and the future pro rated signing bonus accelerating to the current year, shown in the blue boxes.

If Carson Wentz is on the roster after the 3rd day of the league year, the cap hit is 34.6 million.  If he is cut / traded before then, the cap hit is 33.8 million.

 

The only time the cap number of 59.2 million comes into play is if he is cut or traded after the 3rd day of the league year.

So when Carson Wentz is on the roster March 21st, we can move on from this discussion.

This is not correct. You are showing the table saying "Cut pre-June 1”. That’s when the $59M in dead money comes into play, as explained above how his roster and base are already guaranteed. If Carson Wentz is traded after the 3rd day of the 2021 league year, his dead cap number is $44,673,536 (his original $34,673,536 + $10,000,000 roster bonus assuming it was paid and not restructured to a later date). His base salary is paid out over the regular season and would be still guaranteed but transferred to the team trading for him. He cannot be cut at all without taking on $59M in dead money either all in 2021 or split up via post June 1st between 2021 and 2022. 
 

Further, what they were referring to before is if you look at his contract notes, $15M of his 2022 base salary becomes fully guaranteed if he is on the roster the 3rd day of the 2021 league year. When they say “$25M more” they are referencing paying the  2021 roster bonus of $10M + $15M of 2022 base salary. Which, as I said earlier, they would be responsible for if they cut him in 2022. If they keep him this year but trade him next year they can get out of that $15M.

6 minutes ago, LeanMeanGM said:

Let’s start here. The bolded is not correct. Both the base salary and roster bonus are already fully guaranteed. Notice the Guaranteed salary column of $25.4M, that’s what it is referring to. Look at the "contract notes” under the table. For reference: "Wentz' 2019 and 2020 base salaries are guaranteed as is a $10 million 2021 roster bonus.  Wentz' 2021 salary will become fully guaranteed if he is on the roster on the 3rd day of the 2020 league year”

On the 3rd day of the league year the Eagles pay the $10M roster bonus but it’s guaranteed. Just like his 2021 base salary is because he was here in 2020. You’re last sentence is correct. 

This is also correct. 

 

This is not correct. You are showing the table saying "Cut pre-June 1”. That’s when the $59M in dead money comes into play, as explained above how his roster and base are already guaranteed. If Carson Wentz is traded after the 3rd day of the 2021 league year, his dead cap number is $44,673,536 (his original $34,673,536 + $10,000,000 roster bonus assuming it was paid and not restructured to a later date). His base salary is paid out over the regular season and would be still guaranteed but transferred to the team trading for him. He cannot be cut at all without taking on $59M in dead money either all in 2021 or split up via post June 1st between 2021 and 2022. 

Is the final going to be open note? Also will you be grading on a curve?

Money talk aside, Wentz is the best QB the Eagles have, and those in favor of him leaving the team are pinheads.  I used ‘pin’ because I know the moderators will accept that.

Also wow wft would trade two firsts rounders to get Carr. Then the raiders would flip those two firsts and two of their own to get Deshaun Watson 

 

4 minutes ago, Alphagrand said:

Money talk aside, Wentz is the best QB the Eagles have, and those in favor of him leaving the team are pinheads.  I used ‘pin’ because I know the moderators will accept that.

Wentz should be the best QB we have. He should be the best QB in franchise history. But he is not. He just is not.
 

Anyway, I come in here now to get updates on the trade status: should only be a matter of time now.

4 minutes ago, Thrive said:

Wentz should be the best QB we have. He should be the best QB in franchise history. But he is not. He just is not.
 

Anyway, I come in here now to get updates on the trade status: should only be a matter of time now.

If you think you saw something in the last 4 games this season to warrant a permanent change at the position, you have an agenda of some sort.

21 minutes ago, e-a-g-l-e-s eagles! said:

Also wow wft would trade two firsts rounders to get Carr. Then the raiders would flip those two firsts and two of their own to get Deshaun Watson 

 

I think Darnold ends up a Saint or Steeler