And this is the myopic view of those who can't see the forest for the trees. This includes a radio guy in Boston (Mike Felger), who opines that the "cap is crap" as a daily mantra, and constantly uses the Jets as an example. The truth of the matter is that the cap is real and Jet fans only have to go back to the last off season where their cap situation greatly limited what the Jets could do. Even that $8MM the Jets didn't use was nothing more than a mirage. The Jets FO clearly knew that they couldn't use that money last season, because the expanded salary costs they knew would hit them in in 2012. Don't you think that that $8MM couldn't have been well spent on a quality FA OLine man, and a FA WR better than what you had. Brian Waters among several others would have been there for the taking and have upgraded the Jets OL, except they KNEW they couldn't spend that $8MM. Besides they were lucky as it was, because a carefully worded clause in the new CBA allowed the Jets to save over $10MM in dead money costs. Some Pats fans, felt that was thrown in there by the former Jet intern and was funny because by the way it was worded so few teams actually got much benefit from the clause, but I digress. The cap IS real and it does effect how teams can operate. It limited what the Jets could do last season. The effect will be stronger still This season and into the next, where there will be very little cap expansion. Still that doesn't mean the Jets can't get lucky and find good FA players at that they can't afford. The Pats struck out with their big name FA's (Ocho, and Haynesworth), but they hit grand slams with under the radar after thoughts like Carter, Anderson, and Waters......so who knows
Wilkerson is already starting. So unless he can play two positions at the same time, he isn't going to be replacing Devito.
I have been hearing this for the past three years about the Jets being in "cap hell." Yet every year they manage to find the money to be players in free agency. Im not worried about the cap with Tanny as GM. When it comes to the cap/negotitations/numbers he is one of the best in the league. I have some reservations about his talent evaluation but not his ability to manipulate the cap. Umm no, what limited what the Jets could do last offseason was the fact they had about 13 UFAs and offered a huge contract to Nnamdi Asomugha in the beginning of free-agency. Yes the league is in the Jets back pocket. Especially the league official that worked with the Jets years ago in his 20s.
Anybody who thinks that Goodell is being favorable toward the Jets because he was an intern for them for one single season in the early 80s is a complete retard.
Yeah and who according to many sources worked hand in hand with Goodell to get this deal down, your owner Bob Kraft. It is ridiculous to think someone that worked for a one year about 25 years ago for the Jets included that, and that none of the 31 other owners said anything? I would believe you if the wording said "Dead money will carry over only for teams named the New York Jets". However, it was for the whole NFL and all 32 owners knew about and Kraft was very involved with the deal.
so what will be fergusons cap hit over the rest of his contract? i dont like these type of moves at all. you are essentially putting off the pay day. and making the end cap hit larger if he doesnt fulfill the contract. 5 years is never a guarantee anymore. and things like this occur because of bad decisions like was said earlier. you cant have a never ending line of pushing it off... the debt has made a difference, it has made it harder to replace guys and it is now continuing. eventually the team will end up taking a very big hit and it will be ugly for a year or 2. until then it will continue to limit things even though many dont realize it.
Idk. I think Brick loses a little bit here Getting a lump sum of money apposed to installments you lose more in taxation. It may have been reluctantly amicable on Bricks part but after last season he couldn't say shit against the team's leverage on him.
No if hes taking it now as opposed to future years then it wont. If its all in one year and he gets the same amount of money then yes. He will only face tax risk if money is deferred that he will be in a higher tax bracket or the marginal tax rate changes.
He's not getting any future money in this if I understand it correctly. He's getting a large portion of this years salary in the form of a signing bonus so it can be pro-rated over the course of his contract in terms of the cap giving us cap relief this year. "The Jets converted $9 million of Ferguson’s $9.985 million base salary in 2012 to a signing bonus to give the team more cap space, according to a source." So I think he gets paid the same amount this year, he just gets more RIGHT NOW as opposed to over the course of the season.
That's exactly my point. Break up Xx million over 3 months and tax it. It's more money in your pocket in the long run than getting taxed on the whole Xx million. Edit: actually I think they start paying players March 8. So if they get paid bi-weekly, break that up over the course of the NFL calendar year and tax it. Still more money in the players' pockets.
If you make $1 million in 2012 you make $1 million. It doesn't matter if you get paid in 1 installment or 52. It may make a difference at the time of the paycheck, but at the end of the year when you file your tax return it would be adjusted. If the season goes into the next year, then yes there would be a slight difference.
I see what you are saying now. But My point is nowhere in the vicinity of yours. He gets a lot of money regardless. We can agree on that!
Teams rarely even talk to the player, they talk to the player's agent, who makes 3% of the player's salary. No agent is going to encourage his player to take less money since it means less money for the agent. Unless...said agent has several players on the same team. In that case he may encourage Brick to take less if the Jets will be using that money to pay another player under the same said agent and said agent ends up with more coin. In this regard, it's good if multiple players have the same agent.
Why is it troubling? Did you really expect the Jets to be right back in the thick of the hunt for the SB next year? If so, then I think you've drunk too much of the green Kool-Aid. Tanny created this cap situation. The reason the Jets have all the holes now and no depth is Tanny's splashes in FA, trading up in the draft and trading away draft picks for veterans. They are having to pay the piper for that now. IMO it will probably be at least 2013 and maybe even 2014 before they are ultimately competitive again, and that's if Sanchez develops and they don't miss on any of their draft picks this year. It remains to be see just how much Rex has learned from this year and how effective he will be in making these changes. It remains to be seen what kind of job Tanny will do in the draft. Will he trade up again? Will he stay put and pick players who can contribute immediately? Will he finally trade down to get an additional pick with which to better address some of the many team needs? The Jets will be learning a new offense. Sanchez and Holmes have to get on the same page. It remains to be seen how good of an OC Sparano will be, and how effective the new offensive position coaches will be. Sanchez will still be the QB and still have Cavanaugh as his QB coach. Most of us knew the Jets wouldn't be able to fix all of their holes this year anyway. It's probably gonna take at least two offseasons.
Been a fan too long. I think I've expected the Jets to be in the SB hunt about 3-4 times, EVER. It's troubling because it could very well mean yet another year without a SB. Isn't that troubling to you, or are you good without SB titles? I also admitted to not being a cap guy. I asked for clarification. You said it will "probably take at least two off seasons". It's been 43 years. Waiting a few more off seasons is troubling.
This is probably just enough money for Pouha, Maybin, maybe Westerman, Strickland, Leonhard and the rookies.
