Why in the world would you willingly lower your salary? especially if your in no risk of being cut? Kerry Rhodes, i know you just signed that huge extension and all, but i think were gonna need some of that back? Calvin Pace, i know we just gave you 30 mil guaranteed, do you want to give some of that back? Brandon Moore, you just had the most productive year of your career, i think your going to need to take a paycut, You guys amuse me with this sheer ludicrousness of your statements. Maybe Barret i could see restructuring or Maybe Ellis is were REALLY lucky, but other than that, its all just a pipe dream
Restructures can mean taking a salary and turning into a signing bonus and then prorating the hit, that's what i think they could do with moore and ellis. The cap is just a pain right now for 2009. In 2010 and beyond the jets are in good shape, assuming there still is a salary cap.
Mike T made a big splash last offseason with some quality free agent signings. I would expect he work it again this offseason. He is well known for being able to manipulate contracts under the cap. I agree with the OP. Let's see how and if Mike T does it this time.
Well, perhaps we should wait a few more weeks with Calvin. My spidey sense tells me that the money is the only thing that will be iry for him these next couple weeks.
You can do it you just make them take less now & get a bigger payment later & what you do is guarantee the money like they did with Coles he was crying for a raise they guaranteed the final 2 years of his contract & did not give him 1 extra penny.
I think you misunderstand the situation. Restructuring does not mean a pay cut, it means moving the money around to different years. Like in '08 we were $30M under the cap so Tanny got Baker and K. Coleman to have some of their future money moved to '08 to use up that years cap room and increase cap room in later years. It can also go the other way, take a pay cut in exchange for being given a pay raise later on. Its all very complicated which is why they have terms like "capologist". edit: 08 should be 07
I don't consider the salary that complicated when it comes to this type of restructuring. Let's say Shaun Ellis is due $10 million in salary this year. Since the Jets would like to lower that number they will offer him the $8 million as a bonus and keep $2 million as his salary. Ellis gets a check for $8 million today as opposed to over the course of a season. Let's say that Ellis has four more years on his contract after this year. That $8 million will count $2 million against the cap the next 4 years. So Ellis gets more money today, the Jets get cap relief this year but they will have $2 million on the cap for each of the next four years. So the numbers would look like this Cash 2009 Ellis recieves $8,000,000 bonus and $2,000,000 salary Cap 2009 $4 million ($2,000,000 salary/$2,000,000 bonus amortization) Cap 2010 $2 million bonus amortization. Cap 2011 $2 million bonus amortization Cap 2012 $2 million bonus amortization Of course he will have salaries in 2010-2012 as well. Teams are restricted from doing this type of restructuring now since there is no cap planned for 2010.
So let me get this straight. After this upcoming season there will be NO cap? As in teams like New York and Miami (big city markets) will have more money to spend than smaller cities like Green Bay and Baltimore?
During the last round of labor negotiations the two sides could not agree on enough to sign a long term deal. So they signed a short term deal that kept everything pretty much the same in the hope that in a few years people would be in a better mood. The union got a clause put into the deal which could activate a cap less year if the NFL tries to keep going past the end point of the old deal without agreeing to a new one. The cap less year is supposed to be a poison pill put into the contract to motivate the NFL to work hard to avoid continuing operation without a new deal, its supposed to be a punishment.
Restructuring of contracts does not happen the year after they sign. The candidates that will be asked to restructure will be the veterans from several years that are approaching final two years or one. This allows a team to move the burden of a cap hit further down the road, potentially to a time that both parties know will either be their exit or maybe a re-up (See Coles). candidates: Brian Thomas: Has any one seen Brian ...Brain! Shaun Ellis: Pot head! Maybe Thomas Jones: Curtis Martin could show him a thing or two about team unity concepts. Sacrifice to win! If Ryan is planning to stay pat with our current roster (highly unlikely) then this is mute. If Ryan wants to reach into the free agent market for the player to put us over the top, then Tannenbaum is the right guy to have as your GM.
It happens every year. To think its not an option is stupid. The who and why's are never the same, but its a viable option to discuss.
Because NFL salaries are not guaranteed. You either take less or get cut and potentially end up out of football all together or on another team for even less than what you just turned down. In other situations you don't give up anything but just change the hows and whens of getting it.
Don's right. You take the pay cut because you have no option of taking the full amount. It's the lower salary or no salary (and free agency). Also, some contracts have money in them that's never going to be received. It's put in there not to actually indicate that the player will make that money, but to indicate that that's the date by which the team will either restructure the deal or release the player. Brandon Moore, for instance, is due a 5 million dollar roster bonus. He will not get a 5 million dollar check. That's just in his contract to incentivize the jets to either restructure his deal (giving him more years and money) or cut him (giving him a fun-filled offseason of job hunting). His cap number if they do nothing is almost 6 million dollars, his cap number if they cut him is less than four hundred thousand dollars.
Moore will get a new contract. I'm sure he will get more then a $5 million bonus but his cap number in 2009 will be very low.
Yeah, I guess I should have said "He will not get *that* 5 million dollar check." He could very well end up with getting a 5 million dollar bonus, but it won't be that roster bonus, it'll be something more cap friendly.
