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4 minutes ago, ManuManu said:

The wording is vague enough to go either way, but Howie is smart enough to get it worked into a new contract to play the comp pick game. If not, the trade takes a decent hit in my mind. 

I liked having him under team control with no guarantees left. If he balls out, his contract with a pretty good. 

Yeah.  4th round pick for a half season rental of a guy who apparently doesn't want to be here. 

Looked a lot better when he had 2 years left and could have helped us clear up cap space. 

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15 minutes ago, RememberTheKoy said:

 

Handshake.  They were already in a place where they could cut him after this year with no cap penalty without restructuring the deal.  

I'm curious if a restructure did happen prior to the trade.  This is what it looked like prior to the trade:

 Year Age Base Salary Prorated Bonus Roster Bonus Workout Bonus   Guaranteed Salary   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $49,550,000 $20,050,000 $12,500,000 $400,000   $22,450,000   $70,000,000    
2020 📝 30 $3,000,000 $3,100,000 $12,500,000 $0   $15,500,000   $6,100,000 2.9%      
2021 31 $6,950,000 $4,237,500 $0 $100,000   $6,950,000   $11,287,500 6.0%      
2022 32 $12,800,000 $4,237,500 $0 $100,000   $0   $17,137,500 8.2%  
$12,712,500
$4,425,000
2023 33 $13,900,000 $4,237,500 $0 $100,000   $0   $18,237,500 7.9%  
$8,475,000
$9,762,500
2024 34 $12,900,000 $4,237,500 $0 $100,000   $0   $17,237,500 6.7%  
$4,237,500
$13,000,000

 

And today:

Year Age Base Salary Workout Bonus   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $27,920,000 $200,000   $27,684,444    
2022 32 $1,120,000 $0   $684,444 0.3%  
$0
$684,444
2023 33 $13,900,000 $100,000   $14,000,000 5.9%  
$0
$14,000,000
2024 34 $12,900,000 $100,000   $13,000,000 5.1%  
$0
$13,000,000

 

His base salary went from 3 to 1.1 million.  Given we are less than halfway through, I would expect the base salary to be over 1.5 million.  What is interesting about the new table, it shows base salary at 1.1 and the cap hit just a tad over 50%.  Also, look at the bears dead cap hit for him.  $16,453,056.  I would have expected it to be $12,712,500.  So I'm wondering if THAT was the change in contract and if that's the case, its entirely possible they added a void clause to the last two years to ensure he becomes a FA.

 

 

Pure speculation given the limited information available.  

6 minutes ago, paco said:

His base salary went from 3 to 1.1 million.  Given we are less than halfway through, I would expect the base salary to be over 1.5 million.  What is interesting about the new table, it shows base salary at 1.1 and the cap hit just a tad over 50%.  Also, look at the bears dead cap hit for him.  $16,453,056.  I would have expected it to be $12,712,500.  So I'm wondering if THAT was the change in contract and if that's the case, its entirely possible they added a void clause to the last two years to ensure he becomes a FA.

 

 

Pure speculation given the limited information available.  

It was not restructured, the Bears chose to cover most of his remaining base salary, the future years are the same, minus the signing bonus proration that the Eagles are not responsible for.

14 minutes ago, ManuManu said:

The wording is vague enough to go either way, but Howie is smart enough to get it worked into a new contract to play the comp pick game. If not, the trade takes a decent hit in my mind. 

I liked having him under team control with no guarantees left. If he balls out, his contract with a pretty good. 

There is no new contract, they have agreed to cut him loose at the end of the year.  Eagles will not get a comp pick.

Besides, do you think a 33 year old pass rusher is going to get one of the top 32 contracts next off season ??

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11 minutes ago, paco said:

I'm curious if a restructure did happen prior to the trade.  This is what it looked like prior to the trade:

 Year Age Base Salary Prorated Bonus Roster Bonus Workout Bonus   Guaranteed Salary   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $49,550,000 $20,050,000 $12,500,000 $400,000   $22,450,000   $70,000,000    
2020 📝 30 $3,000,000 $3,100,000 $12,500,000 $0   $15,500,000   $6,100,000 2.9%      
2021 31 $6,950,000 $4,237,500 $0 $100,000   $6,950,000   $11,287,500 6.0%      
2022 32 $12,800,000 $4,237,500 $0 $100,000   $0   $17,137,500 8.2%  
$12,712,500
$4,425,000
2023 33 $13,900,000 $4,237,500 $0 $100,000   $0   $18,237,500 7.9%  
$8,475,000
$9,762,500
2024 34 $12,900,000 $4,237,500 $0 $100,000   $0   $17,237,500 6.7%  
$4,237,500
$13,000,000

 

And today:

Year Age Base Salary Workout Bonus   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $27,920,000 $200,000   $27,684,444    
2022 32 $1,120,000 $0   $684,444 0.3%  
$0
$684,444
2023 33 $13,900,000 $100,000   $14,000,000 5.9%  
$0
$14,000,000
2024 34 $12,900,000 $100,000   $13,000,000 5.1%  
$0
$13,000,000

 

His base salary went from 3 to 1.1 million.  Given we are less than halfway through, I would expect the base salary to be over 1.5 million.  What is interesting about the new table, it shows base salary at 1.1 and the cap hit just a tad over 50%.  Also, look at the bears dead cap hit for him.  $16,453,056.  I would have expected it to be $12,712,500.  So I'm wondering if THAT was the change in contract and if that's the case, its entirely possible they added a void clause to the last two years to ensure he becomes a FA.

 

 

Pure speculation given the limited information available.  

Look closer. 

The differences are:

  • They removed 2020 and 2021 from the contract.  Not relevant to his remaining agreement with the Eagles.
  • The 2022 salary went down to 1.1.  But the cap hit ($684,444) is the the amount left to be paid by the Eagles.
  • The bonus prorations are gone.  Again, not relevant to the Eagles.
1 minute ago, downundermike said:

There is no new contract, they have agreed to cut him loose at the end of the year.  Eagles will not get a comp pick.

Besides, do you think a 33 year old pass rusher is going to get one of the top 32 contracts next off season ??

After he puts up 12 sacks going forward this year I think he does :ph34r:

1 hour ago, UK Eagle said:

If he does, he has a lot of work to do.  I can imagine the ish he is getting right now from Gisele; and glorious it will be.

welp - that’s that.

 

4 minutes ago, Connecticut Eagle said:

Look closer. 

The differences are:

  • They removed 2020 and 2021 from the contract.  Not relevant to his remaining agreement with the Eagles.

Those years already happened.  It was "removed" because that is just how OTC tends to update player pages when they switch teams.

  

4 minutes ago, Connecticut Eagle said:
  • The 2022 salary went down to 1.1.  But the cap hit ($684,444) is the the amount left to be paid by the Eagles

This is what I was asking about.  The base salary went down.  But then the cap hit for us went down even further.  AND the dead cap hit for the bears went UP.  All three of those variables is making me suspect something was done to his contract, like convert additional base salary to a bonus before the trade happened.

 

4 minutes ago, Connecticut Eagle said:
  • The bonus prorations are gone.  Again, not relevant to the Eagles.

Yup.  They rolled up and the bears took the hit.  The fact that they are gone wasn't my concern.

 

@LeanMeanGM.

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4 minutes ago, Waiting4Someday said:

welp - that’s that.

 

She is getting too old for Tom. He will trade up to a newer "model".  

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7 minutes ago, paco said:

This is what I was asking about.  The base salary went down.  But then the cap hit for us went down even further.  AND the dead cap hit for the bears went UP.  All three of those variables is making me suspect something was done to his contract, like convert additional base salary to a bonus before the trade happened.

 

No worries.

$684,444 is exactly 11/18ths of $1.12 million (the vet minimum for 10+ years of service).

Eighteen week season.  Eleven weeks left.

 

Cmon @jsb235, lets finish our discussion, I actually enjoy talking about the cap, and continue to learn more about it.  Not trying to be a dick, I am trying to have a discussion.

If Quinn is released after this year, and Cox and Kelce are June 1st designations, Eagles will have 26 million in cap room if they rollover all of the 9.468 they have this year.  The 1.988 million in savings for Kelce can not be spent until after June 1st, and the Cox June 1 release will be dead cap but no savings.

How much of Lanes 14.155 million base and Slay's 17 million base do you want to convert to a signing bonus, and for how long do you want that bonus to be spread ??

34 minutes ago, paco said:

I'm curious if a restructure did happen prior to the trade.  This is what it looked like prior to the trade:

 Year Age Base Salary Prorated Bonus Roster Bonus Workout Bonus   Guaranteed Salary   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $49,550,000 $20,050,000 $12,500,000 $400,000   $22,450,000   $70,000,000    
2020 📝 30 $3,000,000 $3,100,000 $12,500,000 $0   $15,500,000   $6,100,000 2.9%      
2021 31 $6,950,000 $4,237,500 $0 $100,000   $6,950,000   $11,287,500 6.0%      
2022 32 $12,800,000 $4,237,500 $0 $100,000   $0   $17,137,500 8.2%  
$12,712,500
$4,425,000
2023 33 $13,900,000 $4,237,500 $0 $100,000   $0   $18,237,500 7.9%  
$8,475,000
$9,762,500
2024 34 $12,900,000 $4,237,500 $0 $100,000   $0   $17,237,500 6.7%  
$4,237,500
$13,000,000

 

And today:

Year Age Base Salary Workout Bonus   Cap
Number
Cap %  
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension 
Total   $27,920,000 $200,000   $27,684,444    
2022 32 $1,120,000 $0   $684,444 0.3%  
$0
$684,444
2023 33 $13,900,000 $100,000   $14,000,000 5.9%  
$0
$14,000,000
2024 34 $12,900,000 $100,000   $13,000,000 5.1%  
$0
$13,000,000

 

His base salary went from 3 to 1.1 million.  Given we are less than halfway through, I would expect the base salary to be over 1.5 million.  What is interesting about the new table, it shows base salary at 1.1 and the cap hit just a tad over 50%.  Also, look at the bears dead cap hit for him.  $16,453,056.  I would have expected it to be $12,712,500.  So I'm wondering if THAT was the change in contract and if that's the case, its entirely possible they added a void clause to the last two years to ensure he becomes a FA.

 

 

Pure speculation given the limited information available.  

Bears took on remaining salary so Eagles would get him at vet min. His cap hit is $684k because they are paying the remaining 11 of 18 weeks salary. 11/18 * $1,120,000 = $684,444

11 minutes ago, Connecticut Eagle said:

No worries.

$684,444 is exactly 11/18ths of $1.12 million (the vet minimum for 10+ years of service).

Eighteen week season.  Eleven weeks left.

 

  

5 minutes ago, LeanMeanGM said:

Bears took on remaining salary so Eagles would get him at vet min. His cap hit is $684k because they are paying the remaining 11 of 18 weeks salary. 11/18 * $1,120,000 = $684,444

 

Yup.  And what I was trying (and failing) to say is, because it dropped to 1.12 million and their dead cap hit went up, I believe a restructure was done.  And if they did that, I was speculating that maybe they added a void clause to the last two years to ensure he is a FA after this year.  It would be smart for the Bears to protect that handshake and smart for Howie to recoup some of the draft capital.

 

Sorry, was trying to type those previous posts while running team meetings.  And thank you for doing the 11/17 for me, I guessed it was but didn't have time to confirm.

I always wonder what kind of people actually call in to these sports talk shows.  There was a guy yesterday who called in to speak with Kirwan and Miller who is a long-time Falcons fan --- regular caller; heard him many times and he's full of hot air.  Yesterday he was spouting off about how Matt Ryan is being mistreated by the Colts and that he was playing well before being benched (ridiculous).  Then he said, "he was playing a lot better than Wentz was", which made me snicker out loud.  I decided to do a comparison of the first 7 weeks for each QB in their IND tenure:

2021 Wentz -- 141/209, 67.5%, 1,695 yards, 11 TD and 1 INT, 4 fumbles

2022 Ryan -- 203/297, 68.4%, 2,008 yards, 9 TD and 9 INT, 11 fumbles

 

I said when those moves were made by the Colts, they definitely did not upgrade at QB.

 

See the source image

14 minutes ago, Ipiggles said:

She is getting too old for Tom. He will trade up to a newer "model".  

Someone like Ana de Armas I bet.

 

Personally, I would be surprised if it was not restructured and just a handshake deal. I would think an agent and his client that doesn't have significant connection to the new front office would want something in a contractual way. 

1 minute ago, Eagz said:

Someone like Ana de Armas I bet.

 

Hey! Get in line!

 

 

 

(I wish :sad:)

3 minutes ago, downundermike said:

Cmon @jsb235, lets finish our discussion, I actually enjoy talking about the cap, and continue to learn more about it.  Not trying to be a dick, I am trying to have a discussion.

If Quinn is released after this year, and Cox and Kelce are June 1st designations, Eagles will have 26 million in cap room if they rollover all of the 9.468 they have this year.  The 1.988 million in savings for Kelce can not be spent until after June 1st, and the Cox June 1 release will be dead cap but no savings.

How much of Lanes 14.155 million base and Slay's 17 million base do you want to convert to a signing bonus, and for how long do you want that bonus to be spread ??

The max they can convert from a salary to a signing bonus is the entire bonus minus the vet minimum, which is a little over $1 million. 

They can spread the signing bonus over four or five years.

Not sure this even needs much discussion.

4 minutes ago, jsb235 said:

The max they can convert from a salary to a signing bonus is the entire bonus minus the vet minimum, which is a little over $1 million. 

They can spread the signing bonus over four or five years.

Not sure this even needs much discussion.

Well, I was going to calculate the future impact, so I will go with that.

Because Slay's deal ends after 2023, need to know the void years, so I will go with spread out over 4 years.

 

10 minutes ago, Alphagrand said:

I always wonder what kind of people actually call in to these sports talk shows.  There was a guy yesterday who called in to speak with Kirwan and Miller who is a long-time Falcons fan --- regular caller; heard him many times and he's full of hot air.  Yesterday he was spouting off about how Matt Ryan is being mistreated by the Colts and that he was playing well before being benched (ridiculous).  Then he said, "he was playing a lot better than Wentz was", which made me snicker out loud.  I decided to do a comparison of the first 7 weeks for each QB in their IND tenure:

2021 Wentz -- 141/209, 67.5%, 1,695 yards, 11 TD and 1 INT, 4 fumbles

2022 Ryan -- 203/297, 68.4%, 2,008 yards, 9 TD and 9 INT, 11 fumbles

 

I said when those moves were made by the Colts, they definitely did not upgrade at QB.

 

 

tumblr_ocy9d6bVfn1rbvhgao5_500.gif

 

When will the Buccs liquidate assets?

15 minutes ago, ManuManu said:

 

Interesting.  So

1) They did restructure and add a void clause to 2023

2) Voided years don't count in the comp pick calculation apparently.

 

Thanks to #2, I learned something today.  Time to quit TATE for the week while I'm ahead :P 

@LeanMeanGM:

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