On contract tolling and opt out\canceled season:

Quote

3. Tolling, Credited, and Accrued Seasons in 2020

a. In the event of a cancelled season, contracts of players on the Club’s Week 1 roster and Practice Squad will not toll as long as one week of NFL games are played.

b. For any tolled contract, paid signing and roster bonuses would not toll, such that no player receives the same bonus twice.

c. Players identified in 3a above will receive one (1) Credited Season for

 

pension and benefits purposes for being on full pay status for one (1)

regular season game.

d. Players identified in 3a above will receive one (1) Credited Season for

Minimum Salary purposes for being on full pay status for three (3) regular season games.

e. Players identified in 3a above will receive one (1) Accrued Season for being

on full pay status for one (1) regular season game.

f. Credited/Accrued Season rules for players who sign with an NFL Club after the first game of the season shall not change from the 2020 NFL CBA.

4. Voluntary Opt-Out: Any player can choose to opt out of playing in the 2020 NFL season. If a player wishes to opt out, he must provide his club with written notification (see below). If he has not done so, the player should report to Training Camp on time.

a. Voluntary Opt-Out deadline: Player must inform Club in writing within

seven (7) days of the date that the NFL and NFLPA finalize the side letter

agreement that includes the terms of such opt-outs. NFLPA will notify all

agents and players as soon as that side letter is finalized.

• Player must be under contract or subject to a tender.

• Voluntary Opt-Out contracts will be tolled and all provisions of that

Contract for the tolled year shall be applicable the following season,

except that no player shall be paid the same signing bonus or roster bonus twice.

Player drafted in 2020 or who earned a Credited Season in 2019, will be

eligible for a stipend of $150,000 to be treated as a salary advance against the tolled player contract.

b. Voluntary Opt Out decision is generally irrevocable. There will be a limited basis to identify certain circumstances that permit a player to opt out later in the year based on familial circumstances.

c. No Accrued or Credited season

d. No forfeiture, breach/void of contract, or basis for any other discipline

unless player fails to timely report at the start of the 2021 training camp or is otherwise in breach of his NFL Player Contract.

5. Higher Risk Player Opt Out

a. Certain players may opt-out as a result of being Medically Higher Risk of complications from COVID-19. Such players must likewise provide

written notification to the club. If a player has not provided such written

notification, the player should report to Training Camp on time.

b. Higher Risk players need to have a diagnosis from the list below reflected in their medical records prior to the date of the parties’ agreement for at least one of the following factors, which are based upon a modified list of the Centers for Disease Control (CDC) risk factors list. It is not mandatory that players who qualify as Higher Risk opt out; it is their choice:

1. Cancer

2. Chronic kidney disease

3. COPD (chronic obstructive pulmonary disease)

4. Immunocompromised state (weakened immune system) from solid

organ transplant

5. Serious heart conditions, such as heart failure, coronary artery disease,

or cardiomyopathies

6. Sickle cell disease

7. Type 2 diabetes mellitus

8. Asthma

9. Cerebrovascular disease (affects blood vessels and blood supply to the

brain)

10. Cystic fibrosis

11. Hypertension or high blood pressure

12. Immunocompromised state (weakened immune system) from blood

or bone marrow transplant, immune deficiencies, HIV, use of

corticosteroids, or use of other immune weakening medicines

13. Neurologic conditions, such as dementia

14. Liver disease

15. Pulmonary fibrosis (having damaged or scarred lung tissues)

4

c. A Higher Risk player must inform the Club in writing that he qualifies for Higher Risk and elects to opt out within seven (7) days from date when NFL and NFLPA finalize the side letter agreement that includes the terms of opt-outs: NFLPA will notify all agents and players as soon as the side letter is finalized.

d. A Higher Risk Player receives an Accrued Season towards free agency and all benefits and minimum salary credit for a Credited Season.

e. A Higher Risk Player is eligible for stipend of $350,000, which is not offset by prior salary and will not constitute a salary advance but will count against

Total Player Cost.

f. Higher Risk Player’s contract shall toll and all provisions of that Contract

for the tolled year shall apply the following season except that no player shall be paid the same signing bonus or roster bonus twice.

g. A Higher Risk player’s decision whether to opt out is generally irrevocable.

There will be limited circumstances that will permit a player to opt out as a Higher Risk Player after the initial deadline based upon a new diagnosis.

h. No forfeiture, breach/void of contract, or basis for any other discipline unless player fails to timely report at the start of the 2021 training camp or is otherwise in breach of his NFL Player Contract.

6. High Risk Cohabitant

a. "High Risk” designation for a cohabitant (person who normally resides with the player) is based upon the cohabitant having diagnosis for at least one of any of the CDC’s high risk factors (except for smoking).

b. Club must offer separate housing to the player if the player requests it, and cohabitant qualifies as a high-risk cohabitant.

c. The deadline for this request has not been agreed upon by the parties.

 

On 7/28/2020 at 1:01 PM, paco said:

But but but.... Howie is a genius!!!

 

It's going to be a chore for them to even get under the cap in 2021 without significant restructures/releases. Right now they're $22m under so they can roll that forward to next year which leaves them at around $50m over for 2021.

 

Here is everyone else that carries a 7 figure cap savings if cut prior to June 1:

Fletcher Cox - $7.1m in savings ($15.3m dead money)

Alshon Jeffery - $7.9m in savings ($10.5m dead money)

Zach Ertz - $4.7m in savings ($7.7m dead money)

DeSean Jackson - $5.1m in savings ($5.8m dead money)

Brandon Brooks - $2.3m in savings ($12.2m dead money)

Marquise Goodwin - $7.0m in savings ($0 dead money - not sure how this works tho with him opting out)

Derek Barnett - $10.0m in savings ($0 dead money)

Dallas Goedert - $1.2m in savings ($500k dead money)

 

That's it. Literally everyone else is either a 6 figure cap savings if cut before June 1 or has their cap hit actually INCREASE if cut (ie: Wentz's cap hit for 2021 is $34.6m but if we released him prior to June 1, his cap hit jumps to $59.2m. Same situation applies albeit with different amounts for Lane Johnson, Jason Kelce, Darius Slay, Javon Hargrave, Andre Dillard, .... you get the idea).

Yes, we can designate players as post-June 1st cuts. And yes, we can restructure some guys to lower their 2021 cap hits. But all you're doing in those situations is kicking the can down the road. Eventually the piper must be paid. Howie is most likely going to have to get a few guys to restructure and cut a few more just to even get under the cap (with post-June 1 designations to boot)... and that doesn't even include bringing in any free agents (get ready for the scrap heap/3rd wave of free agents if we get any at all). So not only is next year's cap boned, but if (when) Howie ends up restructuring a few deals and making some post-June 1 designations, he's also boning the 2022 cap and possibly a couple of years after that as well.

This team is Foooked. They better win the Super Bowl this year.... if there even is one.

Javon Hargrave, while a good player, was a totally unnecessary move this past offseason. They already have Cox ($22.8m cap hit) and Malik Jackson ($16.2m cap hit) occupying 2 DT spots. With Hargrave, they added only $3.4m to this year's cap number, but it balloons to $15.2m in 2021. "Just Cut Malik Jackson in 2021 you weetodd! Problem solved!" Sure, but he only has a $967k cap savings if cut in 2021 ($13.6m cap figure, $12.6m in dead money if cut), so it's essentially pointless.

Roseman sold out for that Super Bowl, and I wouldn't change a damn thing about it. But unless we start getting a hell of a lot better at drafting, I think we may see some lean years on the horizon. Hargrave is probably the last big-ish FA this team signs for a while without absolutely gutting the roster or severely kicking the can down the road with restructures.

I don't think most people realize how absolutely badly the Eagles need this 2020 draft class to be a homerun. Not just a homerun, but a grand slam... in the 7th game of the World Series. I'm super glad we took a QB in the 2nd round.

49 minutes ago, Dawkins 20 said:

It's going to be a chore for them to even get under the cap in 2021 without significant restructures/releases. Right now they're $22m under so they can roll that forward to next year which leaves them at around $50m over for 2021.

 

Here is everyone else that carries a 7 figure cap savings if cut prior to June 1:

Fletcher Cox - $7.1m in savings ($15.3m dead money)

Alshon Jeffery - $7.9m in savings ($10.5m dead money)

Zach Ertz - $4.7m in savings ($7.7m dead money)

DeSean Jackson - $5.1m in savings ($5.8m dead money)

Brandon Brooks - $2.3m in savings ($12.2m dead money)

Marquise Goodwin - $7.0m in savings ($0 dead money - not sure how this works tho with him opting out)

Derek Barnett - $10.0m in savings ($0 dead money)

Dallas Goedert - $1.2m in savings ($500k dead money)

 

That's it. Literally everyone else is either a 6 figure cap savings if cut before June 1 or has their cap hit actually INCREASE if cut (ie: Wentz's cap hit for 2021 is $34.6m but if we released him prior to June 1, his cap hit jumps to $59.2m. Same situation applies albeit with different amounts for Lane Johnson, Jason Kelce, Darius Slay, Javon Hargrave, Andre Dillard, .... you get the idea).

Yes, we can designate players as post-June 1st cuts. And yes, we can restructure some guys to lower their 2021 cap hits. But all you're doing in those situations is kicking the can down the road. Eventually the piper must be paid. Howie is most likely going to have to get a few guys to restructure and cut a few more just to even get under the cap (with post-June 1 designations to boot)... and that doesn't even include bringing in any free agents (get ready for the scrap heap/3rd wave of free agents if we get any at all). So not only is next year's cap boned, but if (when) Howie ends up restructuring a few deals and making some post-June 1 designations, he's also boning the 2022 cap and possibly a couple of years after that as well.

This team is Foooked. They better win the Super Bowl this year.... if there even is one.

Expect a restructure of Carson's salary next year into Bonus money.  And an extension of Cox.

 

But man, if it goes down what people are predicting.... yikes.

14 minutes ago, paco said:

Expect a restructure of Carson's salary next year into Bonus money.  And an extension of Cox.

 

But man, if it goes down what people are predicting.... yikes.

 

heh.

14 minutes ago, mr_hunt said:

 

heh.

Was going to say the same. 

42 minutes ago, paco said:

Expect a restructure of Carson's salary next year into Bonus money.  And an extension of Cox.

 

But man, if it goes down what people are predicting.... yikes.

Realistically, without extending Wentz again, they could convert his 2021 base salary and roster bonus to a signing bonus and amortize it over the four remaining years. I'm not sure if there are any limits in place for doing this or what his base salary would need to be, but for argument's sake let's say his base salary for 2021 becomes $1m.

 

So essentially you're taking $14,400,000 from his base salary plus the $10,000,000 roster bonus and converting it to a signing bonus of $24,400,000 and then amortizing that over the 4 remaining years of the contract ($6,100,000 per year). You save $18,300,000 for cap purposes in 2021 but punt it down the road to count against the 2022-2024 cap years. This is a no brainer move to get out from under Capageddon 2021, but we can't keep doing this year after year after year.

 

Oh, and...

 

Lane Johnson has the Rona. We should automatically get $20m in 2021 cap space because of it.

But Davion Taylor says Nate Gerry is the leader of the linebackers so we’re ok there

49 minutes ago, OCEaglefan said:

But Davion Taylor says Nate Gerry is the leader of the linebackers so we’re ok there

Just now, hputenis said:

And he’s out with a COVID

i think we need to stop pretending there's actually going to be a season. 

36 minutes ago, OCEaglefan said:

And he’s out with a COVID

Keep workin Davion!  Don't give up!  Tiny circles!  

40 minutes ago, Machine said:

i think we need to stop pretending there's actually going to be a season. 

Sadly, the eagles should PRAY for that. 

49 minutes ago, paco said:

Sadly, the eagles should PRAY for that. 

Things saved on my phone

Everyone saying the NFL is not going to play I guess really really believes the NFL cares about health. How is it not obvious that the NFL cares only about money? They are playing like it or not.  Since April I have been saying all leagues will play  and I have been proven right so far and will still be. It is guaranteed 100% the NFL will play.  What more evidence do people that the leagues are all about money?

16 hours ago, Dawkins 20 said:

Realistically, without extending Wentz again, they could convert his 2021 base salary and roster bonus to a signing bonus and amortize it over the four remaining years. I'm not sure if there are any limits in place for doing this or what his base salary would need to be, but for argument's sake let's say his base salary for 2021 becomes $1m.

 

So essentially you're taking $14,400,000 from his base salary plus the $10,000,000 roster bonus and converting it to a signing bonus of $24,400,000 and then amortizing that over the 4 remaining years of the contract ($6,100,000 per year). You save $18,300,000 for cap purposes in 2021 but punt it down the road to count against the 2022-2024 cap years. This is a no brainer move to get out from under Capageddon 2021, but we can't keep doing this year after year after year.

 

Nice work!

 

This is literally cap hell.  Because of the way Howie structured contracts, we are doomed to play these games for an eternity.  Making maters even worse, it puts us in a position where we can't spend as much in FA which is a huge disadvantage give our drafting record.

18 hours ago, Dawkins 20 said:

Javon Hargrave, while a good player, was a totally unnecessary move this past offseason.

Speaking of Hargrave, have you looked at his contract?  Peek Howie:

Year	Age	Base Salary	Prorated 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
2020	27	$1,000,000	$2,450,000	$0		$1,000,000		$3,450,000	1.6%		$26,000,000	($22,550,000)
2021	28	$12,750,000	$2,450,000	$0		$12,750,000		$15,200,000	7.1%		$22,550,000	($7,350,000)
2022	29	$12,750,000	$2,450,000	$250,000		$0		$15,450,000	6.8%		$7,350,000	$8,100,000
2023 📝	30	$0	$2,450,000	$0		$0		$4,900,000	2.0%		$4,900,000	$0
2024	31	$0	$2,450,000	$0		$0		$0	0.0%		$2,450,000	($2,450,000)

 

He is going to cost us 5 million in dead cap in 2023 as a free agent.  Same contract structure made Darby a 2.8 dead million cap hit while he's free to sign with the R-words Football Team.

6 hours ago, Joe Hunter 73 said:

Everyone saying the NFL is not going to play I guess really really believes the NFL cares about health. How is it not obvious that the NFL cares only about money? They are playing like it or not.  Since April I have been saying all leagues will play  and I have been proven right so far and will still be. It is guaranteed 100% the NFL will play.  What more evidence do people that the leagues are all about money?

the NBAs zero cases for players that went to Orlando (and even hitting up scrip clubs!) shows that the rest of the world needs to be like the NBA. 

1 hour ago, paco said:

Speaking of Hargrave, have you looked at his contract?  Peek Howie:

Year	Age	Base Salary	Prorated 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
2020	27	$1,000,000	$2,450,000	$0		$1,000,000		$3,450,000	1.6%		$26,000,000	($22,550,000)
2021	28	$12,750,000	$2,450,000	$0		$12,750,000		$15,200,000	7.1%		$22,550,000	($7,350,000)
2022	29	$12,750,000	$2,450,000	$250,000		$0		$15,450,000	6.8%		$7,350,000	$8,100,000
2023 📝	30	$0	$2,450,000	$0		$0		$4,900,000	2.0%		$4,900,000	$0
2024	31	$0	$2,450,000	$0		$0		$0	0.0%		$2,450,000	($2,450,000)

 

He is going to cost us 5 million in dead cap in 2023 as a free agent.  Same contract structure made Darby a 2.8 dead million cap hit while he's free to sign with the R-words Football Team.

I noticed that when I was looking through the Over The Cap numbers yesterday. What a sheet show. 

I don't hate Howie. I think he's decidedly an average GM. But this "cap genius" narrative simply isn't true. The bill always comes due no matter how many times you play around with the numbers. 

1 hour ago, paco said:

Nice work!

 

This is literally cap hell.  Because of the way Howie structured contracts, we are doomed to play these games for an eternity.  Making maters even worse, it puts us in a position where we can't spend as much in FA which is a huge disadvantage give our drafting record.

We have no money and we can’t draft. Aside from that, things are going well I think. 

too much doom & gloom in here.  remember the philly special, guys? remember that!  

59 minutes ago, Agent23 said:

the NBAs zero cases for players that went to Orlando (and even hitting up scrip clubs!) shows that the rest of the world needs to be like the NBA. 

And the NHL but that is not going to happen