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Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

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Old 03-01-2006, 05:07 PM   #1
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Hopefully Arrington is one of the guys stepping up......
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Old 03-01-2006, 05:14 PM   #2
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

This is a great move by Mark. I will retract the negative statements I made. I was more upset that he wasn't getting the same sh*t that other players get when they are percieved as selfish, but whatever. I'm glad he did this and I commend him for helping out the team.
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Old 03-01-2006, 05:15 PM   #3
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Makes no sense to me. This is up-front cash. If he gets cut next year, he keeps the damned money. There must be more to it than just a simple conversion.
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Old 03-01-2006, 05:22 PM   #4
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Quote:
Originally Posted by Sociofan
Makes no sense to me. This is up-front cash. If he gets cut next year, he keeps the damned money. There must be more to it than just a simple conversion.
He's guaranteeing this year's salary. Of course, this year's salary is already guaranteed (since it would cost more to cut him than keep him). Restructuring the deal also makes it more likely that he will be cut in 2007. Re-read some of the earlier posts and you'll understand it better.
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Old 03-01-2006, 05:24 PM   #5
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

I'm tempted to start a new thread so this news doesn't get lost in the shuffle, but according to profootballtalk.com (I know, take it with a grain of salt) CP's contract has been restructured as well:

"At a time when the Washington Redskins are facing a potential salary purge that, by some estimates, could leave them with roughly 25 veterans under contract, we're told that the team has restructured the deal of running back Clinton Portis in order to create some cap room. Specifically, a sizeable roster bonus owed to Portis has been converted to a guaranteed payment, which spreads the total value of the money over four years. Portis' contract expressly authorized the team to make the move."
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Old 03-01-2006, 05:30 PM   #6
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

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Originally Posted by Ramseyfan
He's guaranteeing this year's salary. Of course, this year's salary is already guaranteed (since it would cost more to cut him than keep him). Restructuring the deal also makes it more likely that he will be cut in 2007. Re-read some of the earlier posts and you'll understand it better.
Sorry, I didn't have time to read all 12 pages.
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Old 03-01-2006, 05:28 PM   #7
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Portis has a $3 million dollar bonus this year. But I didn't think the bonus could be spread out over 4 years. I'm probably wrong.

Other guys scheduled to get big bonuses are: Arrington ($6.4M), Samuels ($4.5), Springs ($3.1), Griffin ($2.5), S. Taylor ($2.2), and Rabach ($2.2).
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Old 03-01-2006, 05:43 PM   #8
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Quote:
Originally Posted by Ramseyfan
Portis has a $3 million dollar bonus this year. But I didn't think the bonus could be spread out over 4 years. I'm probably wrong.

Other guys scheduled to get big bonuses are: Arrington ($6.4M), Samuels ($4.5), Springs ($3.1), Griffin ($2.5), S. Taylor ($2.2), and Rabach ($2.2).
i think you can, if so, we could keep a ton of starters.
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Old 03-01-2006, 05:46 PM   #9
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

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i think you can, if so, we could keep a ton of starters.
Yeah, if you can spread the bonus out over four years, our cap woes will be dramatically mitigated.
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Old 03-01-2006, 05:57 PM   #10
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Quote:
Originally Posted by Ramseyfan
Portis has a $3 million dollar bonus this year. But I didn't think the bonus could be spread out over 4 years. I'm probably wrong.

Other guys scheduled to get big bonuses are: Arrington ($6.4M), Samuels ($4.5), Springs ($3.1), Griffin ($2.5), S. Taylor ($2.2), and Rabach ($2.2).
Well this goes back to the 30% rule. In a normal world we could prorate all the roster bonuses four years out, and this would allow us to save like $15M off the cap.

However the 30% rule severly restricts our flexibility here (at least according to my understanding). That's why we only stand to save a couple hundred thousand by restructuring Brunell, instead of a couple million. And any other restrucures would have similar minimal effects. I'm surprised we're able to save anything on Portis' contract under the current rules.
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Old 03-01-2006, 06:08 PM   #11
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

From profootballtalk.com

SPECIAL MASTER RULING COMPLICATES MATTERS

At a time when NFL teams are trying to figure out how in the hell they'll stay on the right side of the salary cap absent an extension to the Collective Bargaining Agreement, a league source tells us that a Special Master has ruled on Wednesday that option bonus payments will count as signing bonus money for the purposes of the so-called 30 percent rule.

This means that it will be even harder to construct contracts in 2006, the final capped year under the current CBA. Under the 30 percent rule, a player's compensation cannot increase in 2007 or beyond by more than 30 percent of the player's 2006 salary, excluding signing bonus.

In order to drive up the basis for the application of the 30 percent rule, some teams and agents had planned to transform all or part of the signing bonus into an option bonus due, for example, five days after the contract was signed.

Per the Special Master's ruling, this tactic won't permit the option bonus money to be treated as 2006 salary, which then will make it even harder for teams to strike deals that the players will accept under terms that will fit within the 2006 salary cap.

Instead, both signing bonus and option bonus money will now be excluded from the player's 2006 salary, for the purposes of applying the 30 percent rule.

We're also told that, in a separate ruling, the Special Master invalidated a device that the Colts had been using to fit recent deals under the cap. We presently don't have any further details in this regard, but it could spell trouble for a franchise that somehow has been finding a way to throw around money at a time when other teams are looking for ways to make cuts.

Unlike an arbitrator, who resolves issues such as player grievances, a Special Master handles matters requiring interpretation of the language of the CBA.
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Old 03-01-2006, 06:09 PM   #12
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Dose anybody real know what is going on???? I guess Gibbs dose and that is all right with me! 30% rules it is making me go in sane!
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Old 03-01-2006, 06:27 PM   #13
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

all of this crap is so confusing...im just glad we have gibbs leading the team because he knows what hes doing
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Old 03-01-2006, 07:59 PM   #14
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

http://sports.espn.go.com/nfl/news/story?id=2350331

Brunell is going to restructure to help us out. Him and "other veterans"

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Old 03-01-2006, 08:02 PM   #15
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Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Quote:
Originally Posted by heybigstar
http://sports.espn.go.com/nfl/news/story?id=2350331

Brunell is going to restructure to help us out. Him and "other veterans"

Hell Yeah
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