(03-21-2018, 05:03 PM)Predator Wrote:

(03-21-2018, 04:50 PM)FreeAgent01 Wrote: I am not talking about the actual restructure itself.  I'm talking about the fact that it seems like a pointless restructure unless moves are made this season.  This restructure does nothing for us in the future.

The timing of these moves give me the feeling that they plan on making some sort of player acquisition here soon.

No, the timing was mandatory, because they were going to have to pay the roster bonus or restructure.  They had to do it now.   And like I said:

It frees up about $4 million in cap space for 2019 by spreading out the cap hit for the $8 million over 4 years instead of having it all in 2018. 



Mathematically, it works like this: the cap hit for the roster bonus for 2018 was $8 million.  Now it's all spread out, over 4 years, at 2 million per year.   That saves $6 million this season, which can be rolled over to next season.   The $6 million rollover, minus the $2 million in amortization for 2019, yields a cap savings of $4 million for 2019, and an extra cap hit in 2020 and 2021 of $2 million per year.

The timing was mandatory if they were going to get the $6 million in extra cap room to roll over to next year.  They had to do it now.

They had a choice: an $8 million cap hit in 2018, or a $2 million cap hit in 2018, 2019, 2020, and 2021.   See how that produces cap room in 2019?   Take the $8 million off 2018, add back the $2 million, you have $6 million to carry forward.   Then take the $6 million you carried forward in 2019, minus the $2 million from restructuring, and that saves $4 million in 2019, and adds $2 million to 2020 and 2021.

The timing is now, because the roster bonus is now.  If they want to create cap room in 2019, by taking cap room away from 2020 and 2021, they had to do it now.  Because once the roster bonus is paid, they can't do it.   They're so far over any projected cap for 2019, they have to take every opportunity to create some 2019 cap space or else cut even more players than they had planned to cut.

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