Cooley Restructures

CrazyCanuck · 02-15-2008, 02:40 AM

Fantastic posts by Schneed and 33.

The Skins used another trick with the resturcutures of ARE, Thomas, and Carter - the extra year.

All 3 of them got an extra year (2013) added to their contracts. So not only did the Skins push money into the future, they extended the future.

It's unlikely that Randy Thomas will be playing here in 2013 in what would be his 14th NFL season, but by adding the extra year the Skins can push some of the new signing bonus money to 2013. This allows the $4.65M restructured amount to be divided by 6 remaining years of the contract instead of 5, which helps the cap in 2008 (though only slightly).

When Thomas likely restructures next year they can push some of that money to 2013, or even add another year and repeat the process.

02-15-2008, 02:40 AM	#35
CrazyCanuck Serenity Now Join Date: Feb 2004 Location: Canada Posts: 2,008	Re: Cooley Restructures Fantastic posts by Schneed and 33. The Skins used another trick with the resturcutures of ARE, Thomas, and Carter - the extra year. All 3 of them got an extra year (2013) added to their contracts. So not only did the Skins push money into the future, they extended the future. It's unlikely that Randy Thomas will be playing here in 2013 in what would be his 14th NFL season, but by adding the extra year the Skins can push some of the new signing bonus money to 2013. This allows the $4.65M restructured amount to be divided by 6 remaining years of the contract instead of 5, which helps the cap in 2008 (though only slightly). When Thomas likely restructures next year they can push some of that money to 2013, or even add another year and repeat the process.

Cooley Restructures

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