with prorated bonus tied in. what would be the total cap hit if he were to be cut. i am not saying we should cut him or will cut him im just interested in what would be the ramifications of cutting him. sorry im sure this has been posted but my search didnt yield very much of anything about this particular question.
I dont think it'll be much...most of his guaranteed money has been paid already. It will be pretty small number Im assuming.
This has nothing to do with what he asked. From rotoworld: Being that his salary is $6 million and his cap hit is $9 million, he'd cost $3 million if we cut him, and a whopping $9 million to keep him.
chad tried out for towel boy but half the towels he threw landed on the locker room floor 10 feet in front of the players.
I Dont think Tangini is getting rid of Penny , Maybe next year he'll be gone but i dont think this season. I Think its gonna be another Penny VS Clemens in Training Camp... POoF!
His cap is 9 million this year, 8.5 in '09, 5.7 in '10 and 10.5 in '11. The bonus money whether paid previously or not is still prorated over the life of the contract. That was 23 million. So if he is cut, traded, retires or whatever before the contract is up all of those prorated years accelerate to this year so if you think his hit wouldn't be considerable you are sadly mistaken.
I think whether we keep him or not depends on any last min QB cuts elsewhere in the league there was nothing worth getting in FA for QBs most of them where old and injury prone as well.
thanks njjets and don by my calculations then it will cost us 9.8571 and some change in prorated bonus cap hit if he were cut this year. so it would essentially cost us more to cut him than to keep him this year. i got that by the 23 milllion in bonus he received in 2004 divided it by the 7 years on his contract and multiplied it by 3 for the remaining years left on his contract. (please let me know if this is incorrect) i didnt want to get into a he should stay or he should go i just couldnt find anything about what his cap number would be if cut, we already have 4 topics of opinions on what should happen with him i really didnt want to start another.
Well, Alleycat9, there's a lot of "should-go's" that are weighing in in spite of the facts of the matter. Until Chad shows what he's got (left) his market value is up in the air. This mitigates against trading him before the draft. If Chad wins the competition, this doesn't hurt Kellen (he's waiting and growing in the wings while watching a friend who is his biggest cheerleader) and we have a cost-effective starter who can smartly cash in all the values of a much improved OL. If Chad loses the competition then this means that Kellen has arrived in the eyes and minds of the CS which is a great thing. If Chad loses the competition, his value in the meat market will have diminished below his current contract. Thus, he can stay and renegotiate, or leave and renegotiate based on the objective reality of the situation. Taken overall, this is a good thing.
I think you are dead wrong on one point. If Chad wins Clemens is history. He is way past waiting. He was the starter for half the season last year. If he can't win the job over Pennington now he has no future at all on this team except as a perennial backup.
3 million of cap for someone who was cut which is called dead money is a lot in my mind when you would have to replace him with someone.
thats the thing sec314 if the entire remaining portion of the bonus is automatically put on this years cap that means the cap hit would be 9.85 million. which is a HUGE amount of dead money, hell it would be more than it would cost to keep him on roster. i really want someone to let me know if this is correct or incorrect as i dont know and am just doing what i can to try and get the correct number.
The remaining guarantee (if its $9.85M as you say) will be paid according to the contract, over 3 yrs or how ever the contract was structured. We will have to pay him the remaining lets say $10m no matter what happens. Looking at what rotoworld reports, we owe him $12M over 4 yrs. $3M per year. So we will have $12M dead money over the course of 4 yrs. Even if we decide to let him go and save $6M ($9 Cap - $3M guarantee) in salary cap this year, we will still need to get someone in pay atleast a couple millions. We will be in a loss loss situation in the long run situation even if we can afford to keep him.
No, I don't believe the CS will give up on Kellen after last year's "audition" in the line of fire. He had no chance, and this year, if Chad wins the competition, it's only a matter of time for Clemens. Kellen is not that far away. As I have said before, the lack of time doesn't affect Chad mentally, but he doesn't have enough time for that VT over-the-top delivery that he specializes in to keep accurate and throw over the DL. The lack of time does affect Kellen mentally, because it takes him a little more time to read and recognize the defense then decide who's open and who's not, before he throws with that excellent arm of his. Chad will keep his slower delivery, but Kellen will decrease his read & react time. So the CS knows this and will stick with Kellen as No. 2, even if Chad pulls off a win and starts this year behind a newly superlative OL.
What're you retarded? I mean seriously...I see your posts all the time and I can't help but think you're a slow 40 year old dude, riding around on an oversize tricycle, living in your mom's basement.
