Random NFL talk

[Caliskinsfan]

Depends on what team you're talking about. The Saints' dead money can't be restructured. Not sure why Washington would restructure, unless part of an extension that pays him more to placate the player.

Talking about Skins

Health is a legitimate concern with hims and a restructure might make sense for bookkeeping purposes

 

[shopson67]

Talking about Skins

Health is a legitimate concern with hims and a restructure might make sense for bookkeeping purposes

I wouldn't expect him to drop his salary below that $16M base (plus roster bonuses), but maybe?

 

[Caliskinsfan]

I wouldn't expect him to drop his salary below that $16M base (plus roster bonuses), but maybe?

No reason to if performance and availability are consistent thu the end of this year.

skins have more than enuff money on the books to afford that. Since his next 2 years are not guaranteed, that’s where the bookkeeping and restructure come in to play (including likely roster bonuses)

 

[Caliskinsfan]

Can’t see him clearing waivers myself

 

[Caliskinsfan]

“The Noah’s Arc”

 

[Darrell Green Fan]

Basic stuff:
With a veteran contract teams normally pay the money that would earn in the 1st, (or early), year(s) of the contract as a signing bonus. It's not a 'bonus' per se. It's just a term that allows the team to account for the money in later years - a buy now pay later scheme of sorts. Thus rather than pay a player a $10M salary in year 1 he'll have a $1M salary and a $9M signing bonus. That bonus is accounted for over the length of the contract, (up to a maximum of 5 years). In this example the team would account for the $1M salary and $1.8M of the bonus, (1/5th), in year 1. The player would receive $10M but the team would be accounting for $1.8M of it in each of the next 4 years.

Lattimore specifics:
Lattimore was paid a $7.5M signing bonus, (instead of salary) in 2021. $1.5M of that is to be accounted for in each of '21, '22, '23, '24, & '25. There was also a 2021 roster bonus of $9.254M which is treated as a signing bonus. $1.8508M of that is to be accounted for in each of '21, '22, '23, '24, & '25. In 2022 the Saints converted $23.1M of his salary into a signing bonus. $4.62M is to be accounted for in '22, '23, '24, '25, & '26. In 2023 the Saints converted $13.42M of his salary into a signing bonus. $2.684M is to be accounted for in '23, '24, '25, '26, & '27. In 2024 the Saints converted $13.79M of his salary into a signing bonus. $2.758M is to be accounted for in '24, '25, '26, '27, & '28.

So...in 2025 there's $1.5M, $1.8508M, $4.62M, $2.684M, & $2.758M of dead money scheduled to be accounted for.
For 2026 and beyond there's $4.62M, 2 X $2.684M, & 3 X $2.758M to be accounted for.
This is all money that has been paid from 2021 to 2024 that hasn't yet been accounted for. It's $13.4M for 2025 and $18.25M in later years.
These are cap debts that can't be avoided.

Excellent work, thanks for the effort you took here. Not sure why the Saints thought they were in win now mode. But I'm happy because he was available. And getting a shutdown corner with 2.5 years at a very reasonable rate of $18 M for a few day 3 picks in a weak draft works for me.

 

[Darrell Green Fan]

“The Noah’s Arc”

I give up. Why do they want items from a play that had happened 6 other times in the Hall of Fame?

 

[Caliskinsfan]

I give up. Why do they want items from a play that had happened 6 other times in the Hall of Fame?

Cuz you never can have enuff of things that might become legend down the road

 

[Caliskinsfan]

 

[DJ Fieri]

Can’t see him clearing waivers myself

Nope.

Some team will pick him up.

 

[Caliskinsfan]

Will be interesting if he feels like testing the waters this year

 

[Schmoopy1000]

restructuring will likely happen and injury concerns/performance will be wrapped into that restructure

quit bragging!

 

[DJ Fieri]

quit bragging!

I thought Dak was going to miss 4-5 games because of the hammy.....you hear he could need season ending surgery, @Schmoopy1000?

 

[Schmoopy1000]

I thought Dak was going to miss 4-5 games because of the hammy.....you hear he could need season ending surgery, @Schmoopy1000?

if true.
Rather it be this season vs. next.
Give us some time to slap Jerry around for not picking up Henry

 

[Darrell Green Fan]

Cuz you never can have enuff of things that might become legend down the road

I've never been to a Hall of Fame, not much interest in memorabilia. Don't care to make a trip and spend the day looking at Ty Cobb's bat or Joe Namath's white shoes.

 

[Darrell Green Fan]

No reason to if performance and availability are consistent thu the end of this year.

skins have more than enuff money on the books to afford that. Since his next 2 years are not guaranteed, that’s where the bookkeeping and restructure come in to play (including likely roster bonuses)

I don't see Washington having to do anything with the contract. A shutdown corner at $18 M is fine with them.

 

[BirdzPowerRulez]

Did yall watch the Super Bowl Champs Ravens last night destroy that pathetic team called the Bungles! HAHAHAHA-- we gave them a nice 2 TD lead just to mess with them and give those losers hope. Lamar is a super human and took complete control and said lets end this and laughed his way to the winning locker room. GO RAVENS!!!! No stopping us now...

 

[PDay8810]

Go Team

 

[Caliskinsfan]

 

[Caliskinsfan]