Report: Sherman to Return to KC

[Dante84]

Per PFT Commenter’s dog Leroy

Super Bowl Champion Pro Bowl Fullback Anthony Sherman will be returning to the Kansas City Chiefs for another year per sources bark bark woof

— NFL Insider Leroy (@LeroyInsider) March 24, 2020

Filed to the assignment desk: Pro Bowl Fullback Anthony Sherman Is Re-signing With The Kansas City Chiefs- Exclusive https://t.co/no2uQcpUsu

— NFL Insider Leroy (@LeroyInsider) March 24, 2020

[DaneMcCloud]

Originally Posted by SAUTO

So looks like none of us were right lmao

1.25 million total between up to 2 players is how I read that

I wonder why so many "experts" wrote false information and haven't corrected it?

[SAUTO]

Originally Posted by DaneMcCloud

I wonder why so many "experts" wrote false information and haven't corrected it?

Agreed.

And to your other post I also agree it’s pretty lame. It will be higher in 29 though it goes up a little each year.

Still not what I thought it was

[DaneMcCloud]

Originally Posted by Mecca

I mean thats a bit shitty as the Chiefs could actually save a lot of money with that if they'd let you start by just marking all the guys you've had that long for an initial bump.

http://www.nfl.com/news/story/0ap300...-resign-looney

More from the NFL.com article:

The Veteran Salary Benefits pot increases every two seasons: $1.35 million in 2022, $1.45 million in 2024, $1.55 million in 2026, $1.65 million in 2028, and $1.75 million in 2030, the final year of the current CBA.

If the salary cap actually rises to $300 million or more over the course of the next 10 years, $1.75 million isn't much of an incentive and I don't see much benefit for the player or a team to retain a player just based on this exception alone.

[Mecca]

That is terrible......

[DaneMcCloud]

Originally Posted by Mecca

That is terrible......

Agreed and it certainly shouldn't be used as a reason for players to have ratified the new CBA...

[tyecopeland]

Originally Posted by DaneMcCloud

I haven't seen one credible website state whether or not this exemption is limited to one player, two players or any player that's been with his team for 4 or more years.

I've looked but there's no detail.

This is where I got my information. Written after the cba was approved by the players. Maybe it's wrong but it's from a credible website.

And obviously I glossed over the 1.25 instead of 1.5 mil.

https://www.espn.com/nfl/story/_/id/...-schedule-work

And there's a new "Veteran Salary Benefit" that allows a team to re-sign up to two of its own players per year (provided they have at least four years of service time) and exclude as much as $1.25 million of each player's base salary from each year's salary cap. Here's an example: Let's say you're a four-year veteran on the Jets, and they want to re-sign you. They can offer you a one-year, $6.25 million deal, and only $5 million of it will count against their salary cap if they designated you as one of their two VSB exceptions. If you left and signed with, say, the Patriots, for one year and $6.25 million, the Patriots will have to count all $6.25 million against their cap. It's sort of a starter version of the NBA's midlevel exception rule, as I understand it.

[tyecopeland]

Ok, I just read the cba that was sent out to the players. Not the whole thing, but I found the right part.

Thanks to mahomo and this post for the link

Originally Posted by MAHOMO 4 LIFE!

Here is the full, 456-page CBA that the NFLPA distributed to players this morning for a vote on ratification: https://t.co/5w0r5iWdXl

— Tom Pelissero (@TomPelissero) March 5, 2020

(page 180 in the cba)

Spoiler!

Section 7. Four-Year Player Qualifying Contract:
(a) For purposes of this Article, a “Four-Year Qualifying Player” shall be defined
as a player with four or more Credited Seasons whose contract with a Club has expired
after four or more years of continuous, uninterrupted service with that Club (i.e., the player
must have been under contract to that Club and on that Club’s 90-player roster for the
immediately prior four or more consecutive League Years without interruption prior to
the contract’s expiration. For the purposes of determining whether a player qualifies as a
Four-Year Qualifying Player in accordance with the immediately preceding sentence, a
player must have been on the Club’s 90-player roster for every regular season and post-
season game in which the Club participated during each of the four consecutive League
Years.) Such a player may sign a Four-Year Qualifying Contract, which shall be defined as
a Player Contract that covers only a single League Year and contains a Paragraph 5 Salary
for up to $1.25 million more than the applicable minimum Active/Inactive List Salary for
a player with the Four-Year Qualifying Player’s number of Credited Seasons for the 2020-
21 League Years and, in the case of a split contract, for up to $1.25 million more than the
applicable minimum non-Active/Inactive List Salary for a player with the four-year Qual-
ifying Player’s number of Credited Seasons for the 2020-21 League Years. In any League
Year, a Club may sign a maximum of two Four-Year Qualifying Players to Four-Year
Qualifying Contracts; provided, however, that the combined amount by which the players’
respective Paragraph 5 Salaries may exceed the players’ respective minimum Active/Inac-
tive List salaries or, in the case of a split contract, the players’ respective minimum non-
Active/Inactive List salaries, shall be limited to a total of $1.25 million. For example, with-
out limitation to other examples, in the 2020 League Year, a Club may sign one player for
$1.0 million more than his applicable Minimum Salary and a second player for $250,000
more than his applicable Minimum Salary. In the case of a split contract, under no circum-
stances may the difference between the player’s stated “down” amount and the Minimum
Salary for a player not on Club’s Active/Inactive List be greater than the difference be-
tween the player’s stated “up” amount and the Minimum Salary for a player on Club’s
Active/Inactive List. A Four-Year Qualifying Player Contract must be so designated at the
time of signing. A Four-Year Qualifying Player shall be eligible to receive Additional Com-
pensation subject to the terms and conditions of Sections 2 and 3 of this Article; provided,
however, that such a player may receive a guarantee for salary and/or salary advance of up
to the Four-Year Qualifying Player’s stated Paragraph 5 Salary. A Four-Year Qualifying
Player Contract may not be extended or renegotiated in any manner except as provided in
Section 11 below.
(b) The maximum combined amount by which a Club’s two Four-Year Qualifying
Players’ respective Paragraph 5 Salaries may exceed the players’ respective minimum Ac-
tive/Inactive List Salaries or, in the case of a split contract, the players’ respective
minimum non-Active/Inactive List Salaries shall be increased to $1.35 million for the
2022-23 League Years; $1.45 million for the 2024-25 League Years; $1.55 million for the
2026-27 League Years; $1.65 million for the 2028-29 League Years; and $1.75 million for
the 2030 League Year.

So Dane I owe you an apology.

It has to be a player who's contract has expired and is signing a new 1 year contract with the team. It can be split between 2 players so one player signing a deal can use up part of it and you can use the rest on another player who is resigning a 1 year deal.

And it's the amount over the minimum active/inactive list salary for a player with the same amount of accrued seasons. So the minimum will still count against the cap, it's the first 1.25 mil above that amount that is waived from the cap.

So Sherman IS kind of free as hes the first (and likely only, but I think robinson would also work) player who's contract was up that also had 4 seasons with the team.

[morphius]

Originally Posted by tyecopeland

Ok, I just read the cba that was sent out to the players. Not the whole thing, but I found the right part.

Thanks to mahomo and this post for the link (page 180 in the cba)



So Dane I owe you an apology.

It has to be a player who's contract has expired and is signing a new 1 year contract with the team. It can be split between 2 players so one player signing a deal can use up part of it and you can use the rest on another player who is resigning a 1 year deal.

So Sherman IS free as hes the first (and likely only, but I think robinson would also work) player who's contract was up that also had 4 seasons with the team.

Thanks for looking that up, interesting stuff.

[tyecopeland]

Originally Posted by morphius

Thanks for looking that up, interesting stuff.

I actually added some more "clarity" in my post about this. Confusing as shit really.

But it seems as if it's a way to get a guy like sherman an extra 1.25 mil. So instead of signing him to the minimum salary (or slightly above) if hes the only guy with 4 years with the squad willing to resign to a 1 year deal we can give him an extra 1.25 mil that only affects Clark hunt and his cash flow.

[Otter]

Love the sausage!

[no gay]

[gblowfish]

He's a Pro Bowl fullback, got the block that sealed the Super Bowl and is one of the best special teamers in the NFL. Quality individual. His family is settled here in KC and when he retires he could have a career in coaching like Vrabel or Manusky. This is a chemistry guy who has an important role in the big picture. We're lucky to have him.

[DaneMcCloud]

Either Pete Sweeney doesn't understand the VSB or the public information hasn't been crystalized just yet because he's reporting that the Chiefs have already used it multiple times, something I suggested weeks ago based on Mike Florio and Albert Breer's reporting, which has been somewhat debunked by other articles:

https://www.arrowheadpride.com/2020/...-the-offseason

Under the old CBA, a player like Robinson — who has been a reliable contributor to the team, but hasn’t put up enough numbers to be an attractive signing for another team — would often slip through the cracks of free agency and find themselves on the street. But using this VSB expansion, the Chiefs were able to sign him a one-year deal worth $2.3 million that counts just $1.05 million against the salary cap.

Essentially, this part of the new CBA gives Robinson the bonus he deserves for being a consistent, solid contributor — and the team another opportunity to capitalize on their four-year investment at a minimal cost.

And Robinson’s contract isn’t the only one that takes advantage of the CBA’s VSB provisions.

The contracts were given to newly-signed cornerback Antonio Hamilton and offensive lineman Mike Remmers — and the one given to defensive tackle Mike Pennel when he was re-signed last week — all used the other variation of the CBA’s VSB.

This provision allows a player with at least four accrued seasons (for any team) to be given a one-year contract paying them the NFL minimum salary according to their experience, but carry the cap hit of a player with only two years of experience. Both variations of the VSB also allow these players to be paid signing bonuses of up to $137,500, which count against the cap as they normally would.

You may recall that in 2019, the Chiefs used the old CBA’s minimum salary benefit to sign fullback Anthony Sherman to a one-year contract worth $1.02 million that carried a cap hit of just $735,000. While we don’t yet know all the parameters of the one-year deal the Chiefs gave Sherman last week, it’s a virtual certainty that it will also be a VSB deal.

If that’s true, it means that aside from the exclusive rights free agent contracts given to tight end Deon Yelder and guard Andrew Wylie — each of which are minimum-salary deals carrying cap hits of only $750,000 — every contract the Chiefs have given to veteran free agents has used the VSB of the new CBA. All told, seven players have been signed to one-year veteran free-agent contracts totaling $8.3 million — but that count only $6.1 million against the cap.

To be sure, VSB contracts carry a built-in disadvantage: they can only be used for one-year agreements; therefore they do nothing to improve the roster over the long term.

But aside from the money teams can save against the salary cap in the current season, they carry another big advantage: under Article 10 in Appendix V of the new CBA, players signed to VSB contracts do not count in the NFL’s compensatory picks formula. Even if any of the team’s VSB players have fantastic seasons in 2020, their signings won’t hinder the Chiefs from gaining compensatory picks in the 2021 NFL Draft because of players they lost in free agency this year.

[Hoover]

Originally Posted by DaneMcCloud

Either Pete Sweeney doesn't understand the VSB or the public information hasn't been crystalized just yet because he's reporting that the Chiefs have already used it multiple times, something I suggested weeks ago based on Mike Florio and Albert Breer's reporting, which has been somewhat debunked by other articles:

https://www.arrowheadpride.com/2020/...-the-offseason

Under the old CBA, a player like Robinson — who has been a reliable contributor to the team, but hasn’t put up enough numbers to be an attractive signing for another team — would often slip through the cracks of free agency and find themselves on the street. But using this VSB expansion, the Chiefs were able to sign him a one-year deal worth $2.3 million that counts just $1.05 million against the salary cap.

Essentially, this part of the new CBA gives Robinson the bonus he deserves for being a consistent, solid contributor — and the team another opportunity to capitalize on their four-year investment at a minimal cost.

And Robinson’s contract isn’t the only one that takes advantage of the CBA’s VSB provisions.

The contracts were given to newly-signed cornerback Antonio Hamilton and offensive lineman Mike Remmers — and the one given to defensive tackle Mike Pennel when he was re-signed last week — all used the other variation of the CBA’s VSB.

This provision allows a player with at least four accrued seasons (for any team) to be given a one-year contract paying them the NFL minimum salary according to their experience, but carry the cap hit of a player with only two years of experience. Both variations of the VSB also allow these players to be paid signing bonuses of up to $137,500, which count against the cap as they normally would.

You may recall that in 2019, the Chiefs used the old CBA’s minimum salary benefit to sign fullback Anthony Sherman to a one-year contract worth $1.02 million that carried a cap hit of just $735,000. While we don’t yet know all the parameters of the one-year deal the Chiefs gave Sherman last week, it’s a virtual certainty that it will also be a VSB deal.

If that’s true, it means that aside from the exclusive rights free agent contracts given to tight end Deon Yelder and guard Andrew Wylie — each of which are minimum-salary deals carrying cap hits of only $750,000 — every contract the Chiefs have given to veteran free agents has used the VSB of the new CBA. All told, seven players have been signed to one-year veteran free-agent contracts totaling $8.3 million — but that count only $6.1 million against the cap.

To be sure, VSB contracts carry a built-in disadvantage: they can only be used for one-year agreements; therefore they do nothing to improve the roster over the long term.

But aside from the money teams can save against the salary cap in the current season, they carry another big advantage: under Article 10 in Appendix V of the new CBA, players signed to VSB contracts do not count in the NFL’s compensatory picks formula. Even if any of the team’s VSB players have fantastic seasons in 2020, their signings won’t hinder the Chiefs from gaining compensatory picks in the 2021 NFL Draft because of players they lost in free agency this year.

Great write up.

And this is why you want a GM like Brett Veach not John Dorsey.

Huge advantage to the Chiefs to be able to keep guys like Sherman, Robinson, and Pennel. I love one year deals, and frankly this is great for the players too because it allows them to stick around in the league a little longer.

[tyecopeland]

Originally Posted by DaneMcCloud

Either Pete Sweeney doesn't understand the VSB or the public information hasn't been crystalized just yet because he's reporting that the Chiefs have already used it multiple times, something I suggested weeks ago based on Mike Florio and Albert Breer's reporting, which has been somewhat debunked by other articles:

https://www.arrowheadpride.com/2020/...-the-offseason

Under the old CBA, a player like Robinson — who has been a reliable contributor to the team, but hasn’t put up enough numbers to be an attractive signing for another team — would often slip through the cracks of free agency and find themselves on the street. But using this VSB expansion, the Chiefs were able to sign him a one-year deal worth $2.3 million that counts just $1.05 million against the salary cap.

Essentially, this part of the new CBA gives Robinson the bonus he deserves for being a consistent, solid contributor — and the team another opportunity to capitalize on their four-year investment at a minimal cost.

And Robinson’s contract isn’t the only one that takes advantage of the CBA’s VSB provisions.

The contracts were given to newly-signed cornerback Antonio Hamilton and offensive lineman Mike Remmers — and the one given to defensive tackle Mike Pennel when he was re-signed last week — all used the other variation of the CBA’s VSB.

This provision allows a player with at least four accrued seasons (for any team) to be given a one-year contract paying them the NFL minimum salary according to their experience, but carry the cap hit of a player with only two years of experience. Both variations of the VSB also allow these players to be paid signing bonuses of up to $137,500, which count against the cap as they normally would.

You may recall that in 2019, the Chiefs used the old CBA’s minimum salary benefit to sign fullback Anthony Sherman to a one-year contract worth $1.02 million that carried a cap hit of just $735,000. While we don’t yet know all the parameters of the one-year deal the Chiefs gave Sherman last week, it’s a virtual certainty that it will also be a VSB deal.

If that’s true, it means that aside from the exclusive rights free agent contracts given to tight end Deon Yelder and guard Andrew Wylie — each of which are minimum-salary deals carrying cap hits of only $750,000 — every contract the Chiefs have given to veteran free agents has used the VSB of the new CBA. All told, seven players have been signed to one-year veteran free-agent contracts totaling $8.3 million — but that count only $6.1 million against the cap.

To be sure, VSB contracts carry a built-in disadvantage: they can only be used for one-year agreements; therefore they do nothing to improve the roster over the long term.

But aside from the money teams can save against the salary cap in the current season, they carry another big advantage: under Article 10 in Appendix V of the new CBA, players signed to VSB contracts do not count in the NFL’s compensatory picks formula. Even if any of the team’s VSB players have fantastic seasons in 2020, their signings won’t hinder the Chiefs from gaining compensatory picks in the 2021 NFL Draft because of players they lost in free agency this year.

Yes, it is the section immediately above what I referenced before. It's all part of the Veteran Salary Benefit article. Pretty sure matt moore was signed using the old version last year as his cap hit was less than his salary.

The new version doesnt say anything about a limit on the number of uses as far as I can tell.

[Halfcan]

Originally Posted by gblowfish

He's a Pro Bowl fullback, got the block that sealed the Super Bowl and is one of the best special teamers in the NFL. Quality individual. His family is settled here in KC and when he retires he could have a career in coaching like Vrabel or Manusky. This is a chemistry guy who has an important role in the big picture. We're lucky to have him.

I think it is awesome keeping this team together as much as possible. Solid move.