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Now what do they do with Blake?

#35

(03-13-2019, 07:57 AM)hb1148 Wrote:
(03-13-2019, 06:46 AM)DragonFury Wrote: I have trouble following what you're trying to say here because the numbers don't make sense.

Bortles' cap hit for 2019 is $21 million, that's $5 million prorated signing bonus and $16 million salary of which $6.5 million is guaranteed. If we cut him right now his prorated signing bonus from 2020 comes forward to 2019 making his dead cap hit $5M + $5M + $6.5M = $16.5 million.

Difference is, that 6.5 million has offset language so every dollar he makes in salary in 2019 is subtracted from that number. If he's cut right now and he signs with another team for 4 million in salary his dead cap hit for the Jaguars also drops by 4 million but he still makes 6.5 million in total.

The only way he doesn't make that 6.5 million is he restructured his contract with the Jaguars. Hence my original comment saying he'd be a moron if he restructured his current contract.

Maybe it's semantics. Figures aside, what I'm saying is that he's already been paid his guaranteed salary (or will be on his release) so he's not going to be getting the extra game checks he COULD earn if he's not on a roster next year.

He has yet not been paid the $6.5 million for 2019. Due to the offsets, if he signs with another team for $6.5 million or less (or doesn't sign with anyone), he will get paid $6.5 million guaranteed. The amount the new team pays will be subtracted from the amount the Jags pay him. The only way he can earn more than $6.5 million in 2019 is if a team decides to pay him more than $6.5 million, which would be unlikely. So there really isn't any incentive for him to restructure. I would imagine that he will sign with a team for league minimum.
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Messages In This Thread
RE: Now what do they do with Blake? - by Jags - 03-11-2019, 07:32 PM
RE: Now what do they do with Blake? - by pirkster - 03-11-2019, 09:02 PM
RE: Now what do they do with Blake? - by JackCity - 03-12-2019, 06:30 AM
RE: Now what do they do with Blake? - by NYC4jags - 03-12-2019, 06:43 PM
RE: Now what do they do with Blake? - by Gettin' Jaggy with it - 03-13-2019, 10:04 AM
RE: Now what do they do with Blake? - by surfon - 03-11-2019, 10:56 PM
RE: Now what do they do with Blake? - by jachba - 03-12-2019, 12:22 AM
RE: Now what do they do with Blake? - by jagshype - 03-13-2019, 11:07 AM
RE: Now what do they do with Blake? - by rpr52121 - 03-13-2019, 11:28 AM



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