(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.

(03-22-2018, 05:24 AM)The Real Marty Wrote:

(03-21-2018, 10:08 PM)FreeAgent01 Wrote: 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.


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

No, again you miss my point.  

This restructure, if they don't spend the money this season, adds 4 million in cap space for 2019, while subtracting 2 million in cap space for 2020 and 2021.   What this does is buy them time in 2019.   We are so far over the 2019 cap that this move allows them to borrow some cap space from 2020 and 2021 in order to give themselves some time  to straighten out the payroll without having to cut even more players in 2019 than they would have.  By 2020 and 2021 they could have themselves in better order.   Of course, in and of itself, this move doesn't solve the problem.   They need to do a whole lot of little things like this to get some cap room in 2019.  

It's probably something they planned to do from the time Telvin signed the original contract, because converting the roster bonus to signing bonus so it can be prorated does not hurt them in any way.   It just gives them extra flexibility with the payroll.

On the other hand, you may be right.   They may be planning on using the cap space they've created, going even further over next year's cap, and blowing up the roster in 2019.   I hope not.

This makes little sense for two reasons.

One, with next year's salary cap increase and the rollover money pre Telvin Smith, we aren't that far away from the cap - maybe 7 or 8 millionish depending on the rest of the season. That's only a couple of contracts being cut or restructured for a pay cut.

And B, this reasoning would indicate that they plan on making a run for 2018 and 2019 and then likely begin a rebuild in 2020. The reason we are so far under the cap in 2020 is because we only have 20 players under contract. If we start pushing cap into those years we aren't going to be very competitive.

---