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Old 01-10-2013, 05:14 PM   #35
whoman69 whoman69 is offline
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Quote:
Originally Posted by htismaqe View Post
If he got a $28M signing bonus as was speculated, his signing bonus is spread evenly over the cap, so $4.66M per year every year for the life of his contract.

So you're looking at taking a $9M cap hit this year or $4.66M per year for the next 2 years.

His base salary comes off the books and the way I have it figured, his base is $7.5M this coming year and $9M in 2014 (I saw something about this on ESPN or NFLN recently, too).

So you get $7.5M back but with the $9M in dead money, you actually have net $1.5M in dead money. If they cut him after March, they can get net $3M back this year and $4.5M next year.
If you're trying to compare the number we save over keeping him on the roster that is correct. But any way you figure it, his cap hit for the next two years would be the $4.66 million dead space. I don't think we really need to worry about cap space unless Reid is going to be bringing in some heavy FAs. Don't really see that coming off a 2-14 season. I do worry he might bring Vick with him.
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