[Schneed10]

Originally Posted by 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]

The NFL's fiscal year switches over on June 1. If you cut him or trade him after June 1, the hit accelerates to 2007, not 2006.

Originally Posted by Pocono

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]

Crazy Canuck would have to confirm, but I don't think he includes incentives (likely or unlikely to be earned) in his cap figures. I remember when Ramsey triggered his incentives a year ago, Canuck's cap figures for Ramsey changed. So most of the $15.9 million of restructures remains possible. But you are right that if any incentives got triggered this year, that would still need to be considered. But even if incentives are included in cap figures, incentives come in the form of increased base salary or incentive bonuses, either of which can also be renegotiated.

Originally Posted by Pocono

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

The $3.5 million in dead money (Barrow, Morton, McCants & other miscellaneous) is already included in the $109 million.

Originally Posted by Pocono

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.

This sounds about right. Part of the space we have to play with will be taken up by Ryan Clark, Robert Royal, Demetric Evans and others.

Originally Posted by Pocono

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.

I'm in total disagreement here. All of the moves listed above are possible.

Originally Posted by Pocono

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

The 30% rule does not apply to signing bonuses, which the Skins can circumvent by converting the scheduled roster and workout bonuses into signing bonuses. This will not be a limitation. Several players restructured in this very manner last year, like Reynaldo Wynn and Mark Brunell.