Defensewins
02-01-2007, 12:45 PM
But restructuring deals do not involve any sweetening of the pot. The player still gets the exact amount of money his contract says he gets. Take Jansen for example. He's supposed to make $4.5 million or whatever in base salary this season. A restructure means they give him $4.0 million as a signing bonus right now, in a lumpsum payment, and pay him the other $500,000 in game checks starting in the fall. This is a lot better than waiting until the fall to collect the $4.5 million in game checks. But it's still the same amount of money.
Possible reasons things would go south with Jansen:
- He doesn't want to be a Redskin anymore, so he won't help the team out with a simple restructure.
- He's demanding a pay raise, and is threatening to hold out.
- The team thinks he's garbage and is asking him to take a paycut.
I don't see any reason to believe any of those scenarios are the case. They're certainly plausible, but until I hear something more substantial than La Canfora's speculation in his little blog, I'm going under the assumption that things are just fine with Jansen.
The Philly media built a mountain out of a molehill with Donovan McNabb's apparent unhappiness with the team. Same thing is happening here, though to a lesser extent. Media sensationalization at its best.
Correct if I wrong, but I thought in order to get a decent amount of cap relief in a restructuring deal you have to extend a contract by a couple of years. You will not get much relief if you keep the same amount of money over the same amount of time. You might get relief for the first year, but you will have even a worse problem the next year unless you extend the contract. If extending the length of the contract is needed, not every player will want that. That is where sweetening the deal or enticement comes into play.
Either way at some point the bonus money has to count against the cap. Pay me now or pay me later, the Skins will have to dedicate signing bonus money to the cap sooner or later.
I do not like this game of hide and seek with the cap. We were a below .500 team in 2006 and we are over the cap. Not very good player or money management skills.
Some are so in awe over Snyder and his cap skills. I frankly think it is not a very good example how to run a successful NFL team. The proof was on the field in 2006.
Possible reasons things would go south with Jansen:
- He doesn't want to be a Redskin anymore, so he won't help the team out with a simple restructure.
- He's demanding a pay raise, and is threatening to hold out.
- The team thinks he's garbage and is asking him to take a paycut.
I don't see any reason to believe any of those scenarios are the case. They're certainly plausible, but until I hear something more substantial than La Canfora's speculation in his little blog, I'm going under the assumption that things are just fine with Jansen.
The Philly media built a mountain out of a molehill with Donovan McNabb's apparent unhappiness with the team. Same thing is happening here, though to a lesser extent. Media sensationalization at its best.
Correct if I wrong, but I thought in order to get a decent amount of cap relief in a restructuring deal you have to extend a contract by a couple of years. You will not get much relief if you keep the same amount of money over the same amount of time. You might get relief for the first year, but you will have even a worse problem the next year unless you extend the contract. If extending the length of the contract is needed, not every player will want that. That is where sweetening the deal or enticement comes into play.
Either way at some point the bonus money has to count against the cap. Pay me now or pay me later, the Skins will have to dedicate signing bonus money to the cap sooner or later.
I do not like this game of hide and seek with the cap. We were a below .500 team in 2006 and we are over the cap. Not very good player or money management skills.
Some are so in awe over Snyder and his cap skills. I frankly think it is not a very good example how to run a successful NFL team. The proof was on the field in 2006.