Ginn accepts pay cut to remain with 49ers

[crash]

Ginn accepts pay cut to remain with 49ers



The 49ers have veteran Ted Ginn listed as one of three starting wide receivers on their depth chart.

Yet, Ginn's spot on the team's roster apparently was not even assured until this week when he agreed to a dramatic reduction of his base salary.

CSNBayArea.com confirmed that Ginn consented to reduce his salary from $2,218,750 million to $1 million this season, as Brian McIntyre reported, citing a league source. Ginn can earn an additional $400,000 in undisclosed incentives. Ginn agreed to the new deal on Sunday, a source told CSNBayArea.com

Aside from being listed as a co-starter on offense, Ginn is also atop the team's depth chart as a punt returner, and he's No. 2 on kickoffs behind rookie Kendall Hunter.

Ginn is listed on the depth chart, along with Braylon Edwards, as a co-starter. Joshua Morgan is slated as the starter on the other side. Then, there's Michael Crabtree, who went through his first two full practices of the summer after returning from surgery to repair a foot fracture.

 

[threelittleturds]

I'm really interested in seeing what he does for the 49ers on Sunday. They're talking him up as having an amazing camp to the point where he is a co-starter, but he was mostly invisible in preseason games.

I want to see if this is just the usual "camp talk", or if by some miracle he has actually reached the potential that made him a high pick for the Dolphins.

Oh yeah, I'm glad he agreed to the pay cut. I'm glad he is the team's return specialist, and a million bucks for that is a fair price.

 

[goDAWGSsicem]

Wow, a willingly taking a paycut in professional sports?!?!?

You guys should give him the key to the city or something.

 

[Jikkle]

I don't envision have much of a contribution in the passing game this season as once Edwards and Crabtree get going their really isn't much of a place for him.

 

[PaleRider]

I like to see this as it means guys really want to be here. Now if we could just win some games perhaps FA's will find this team an attractive destination again.

 

[Ray_Dogg]

The fact he also took off the last year of his deal is interesting too. We'll be needing a burner WR who can actually catch next season. Somebody like Donnie Avery.

 

[EaseUrStorm]

They must have gave him a choice between his new contract, or dinging his existing contract for every ball he drops.

 

[CalamityX11]

Very nice of Ginn in doing so.... He's trying to net himself as a keeper for the team... maybe he likes what he has here?

Donnie Avery anyone?

 

[Mozart'sGhost]

I don't envision have much of a contribution in the passing game this season as once Edwards and Crabtree get going their really isn't much of a place for him.

I think with the injury history of both Edwards and Crabtree the 49ers might just need Ginn before its all said and done.

 

[MHSL82]

Maybe someone understands this better than I do. If a team doesn't spend its cap money do they get to keep it, do they get to roll it into next season (my guess is no since it'd be illogical), or does it go back to the NFL? I understand cutting someone and saying, "we hate to do it but the NFL has personnel limits" but when you are 15 million under the cap, it doesn't sound like you can say, "we'd love to keep you but we can't because we need to keep 16-17 million under the cap".

Or is it that we may add someone later but we cannot restructure those contracts that are existing at the start of Week 1 so we have to do it now? I read that certain (or all?) contracts are guaranteed if signed before Week 1. In that case I'd understand and I realize that you never in principle want to overpay someone. I was just thinking of the rationale they could give him other than "you're not that good", "we want to pocket the money", and "if you don't do it, we're cutting you."

 

[MW49ers5]

Maybe someone understands this better than I do. If a team doesn't spend its cap money do they get to keep it, do they get to roll it into next season (my guess is no since it'd be illogical), or does it go back to the NFL? I understand cutting someone and saying, "we hate to do it but the NFL has personnel limits" but when you are 15 million under the cap, it doesn't sound like you can say, "we'd love to keep you but we can't because we need to keep 16-17 million under the cap".

Or is it that we may add someone later but we cannot restructure those contracts that are existing at the start of Week 1 so we have to do it now? I read that certain (or all?) contracts are guaranteed if signed before Week 1. In that case I'd understand and I realize that you never in principle want to overpay someone. I was just thinking of the rationale they could give him other than "you're not that good", "we want to pocket the money", and "if you don't do it, we're cutting you."

With the old CBA there was a way to manipulate your remaining cap at the end of the year and thus push it to the next year by signing a player to a contract with impossible to fulfill bonuses and thus pushing the unfulfilled bonus money to the succeeding years contract.

 

[threelittleturds]

Well, according to Forbes. The 49ers only made a profit of 1.5 million this past year.(Not a typo) So, I guess they need to save money wherever they can.

I imagine a good portion of their revenue is being used towards the new stadium, at least I hope that is why their profit margin is so low in comparison to teams like the Raiders who made 20 million last year.

Oh yeah, I guess that 1.5 million profit kind of destroys the image of the Yorks underpaying for players in order to line their own pockets with millions of dollars.

 

[kennyt12]

Oh yeah, I guess that 1.5 million profit kind of destroys the image of the Yorks underpaying for players in order to line their own pockets with millions of dollars.

That's a good point. If they would have signed one more player at 2mil for last year then they would have lost money.

 

[kennyt12]

Oh yeah, I guess that 1.5 million profit kind of destroys the image of the Yorks underpaying for players in order to line their own pockets with millions of dollars.

That's a good point. If they would have signed one more player at 2mil for last year then they would have lost money.

 

[BINGO]

Ginn is one of my fav niners (definitely on my top 5)

1.) Willis
2.) Justin Smith
3.) Gore
4.) V. Davis
5.) Ginn
6.) Mike Iupati
7.) Sopoaga
8.) Crabtree
9.) Aldon
10.) Braylon

 

[Kendal]

Give him back his money!

 

[CalamityX11]

Give him back his money!

If he does this at least every other week.... then sh*t... we got to...

 

[sayheykid1]

Well, according to Forbes. The 49ers only made a profit of 1.5 million this past year.(Not a typo) So, I guess they need to save money wherever they can.

I imagine a good portion of their revenue is being used towards the new stadium, at least I hope that is why their profit margin is so low in comparison to teams like the Raiders who made 20 million last year.

Oh yeah, I guess that 1.5 million profit kind of destroys the image of the Yorks underpaying for players in order to line their own pockets with millions of dollars.

Only $1.5 million? That is a load of cash, especially when you consider the team has tripled in value to billion dollars since the Yorks took the team from Eddie.

 

[Flyingiguana]

Ginn is one of my fav niners (definitely on my top 5)

1.) Willis
2.) Justin Smith
3.) Gore
4.) V. Davis
5.) Ginn
6.) Mike Iupati
7.) Sopoaga
8.) Crabtree
9.) Aldon
10.) Braylon

where's andy lee?

 

[li0lsh]

where's alex smith?