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Old 02-28-2005, 12:13 PM   #16
JoeRedskin
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Join Date: Mar 2004
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Re: Skins close with Samuels

Also, because of the cap structure, the 15M "Bonus" to Samuels is simply paying him what's currently on his contract in salaries the next two years. By extending, we spread the 15M hit over 7 years (depending on a new CBA) instead of 2 years. So by giving Samuels a big SB but spreading it out, we actually lessen the amount of cap space he takes up. With Smoot, as he is an unrestricted free agent, anything he gets is new money against the '05 cap (Again, however, his SB would be spread out over the length of his contract).
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