Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Telvin Smith restructures deal with Jaguars

#85

(03-21-2018, 05:02 PM)The Real Marty 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.

Then you didn't read my earlier post. 

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, and it had to be done now because it was a roster bonus that had to be either paid or restructured.  

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.

Right, but it's untouchable money that you have to keep rolling over for the next 3 years. You save $6 million this year and roll it over. You rollover $6 million and spend $2 million prorated next year for a net of $4 million savings. But, you can't touch that $4 million next year either. If you do, you essentially add $2 million per year over the final two years to the cap. Like I said, it's a pointless and weird restructure unless they plan on doing something with the extra cap space this season.

(03-21-2018, 05:02 PM)NYC4jags 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.

You already said it yourself. 

It does something for the future if they increase the 2018 cap hit for someone like Dareus or Campbell. Then they are looking at less dead money when they are released in 2019 or 2020. 
They'd rather those 2019/2020 cap dollars be spent on players that actually take the field in those seasons (telvin)  than on dead cap expenditure for a potentially released player. (Campbell and/or Dareus)

Aye. Just saying the restructure in and of itself w/o any moves during this season does nothing for us in the future.
Reply


Messages In This Thread
etdavis2006 - by Etdavis2006 - 03-21-2018, 02:11 PM
etdavis2006 - by Etdavis2006 - 03-21-2018, 03:13 PM
RE: Telvin Smith restructures deal with Jaguars - by FreeAgent01 - 03-21-2018, 10:08 PM



Users browsing this thread:
1 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!