[Pocono]

As was said earlier there is no 6/1 benefit if there is no CBA extension and even if there is if a player is traded at any time all of the future SB proration accelerates into the current year. [subtract 7M of savings]

Also some of those roster bonuses are not roster bonuses but bogus incentives placed into the contracts to meet the 30% rule that applies to the last capped year. That rule says no increase in salary year to year can be greater than 30% of the player's salary[not including SB proration] of the final capped year. So those incentives stay and so do those roster bonuses unless there is a CBA extension before 6/1. [subtract 15M of savings]

The Skins have 109M of salary commitments for 06 AND 3.5M of dead money already counting against 06. [subtract 3.5M]

I think that 109M was based on about 46 players under contract at the time and you cut about 5 or 6 players so you'll need to add about 10 salaries. Gibbs loves his vets so you better figure about 400K per player so there goes another 4M of space.

I think it spells big trouble unless there is a CBA extension by 3/1 which I think will happen but you can never tell what greed will do.

Here is the 30% rule from the CBA.

(b) No NFL Player Contract entered into in a Capped Year and extending into the Final League Year or beyond may provide for an annual increase in Salary, excluding any amount attributable to a signing bonus as defined in Section 7(b)(iv) above, of more than 30% of the Salary provided for in the Final Capped Year, per year, either in the Final League Year or in any subsequent League Year covered by the Player Contract. For example, without limitation on any other applicable example, if neither party exercises any right to cancel the extension of this Agreement, a four-year Player Contract signed in the 2003 League Year (assuming it is a Capped Year) may not provide for annual increase of more than 30% of the 2003 League Year Salary, excluding amounts treated as a signing bonus, in each of the three additional League Years covered by the Contract.

*Extension Agreement 2/25/98