The NFL Teams Creating Fake Contracts

[cdumler7]

All I'm saying is that teams continually mismanage money. Contracts are constantly being changed and renegotiated. I know it's historic in the NFL, but no other league does it like the NFL. Certainly not MLB or NBA. The problem in the NFL is that every team has a capologist who estimated the future cap and teams like the Chiefs wrote out a a half billion dollar contract anticipating unbridled growth.

So here we are in 2021 after a year of empty stadiums and near zero revenue for every team yet certain teams are horribly over the cap and others are under it.

All I'm saying is that the league should institute a rule that would make renegotiating contract have a cost associated with it, Like half of the contract would be applied to that year's cap, not just that year, half of the entire contract. That would make contracts much more solid and teams might be less likely to cut fifteen player because the contracts were much better written . Brady rewrote his contract and saved the Bucs #19M but spread the money over the next four years ib his voidable contract. Christ only knows what kind of bullshit the Chiefs are pulling with the Mahomes contract.
Personally, I think the guaranteed money from that contract ($141M) should come due now and go against this year's and any future cap until it's exhausted. I don't think that the old contract guarantees should be allowed to be re-spread if the new contract is written for 20 years.

You realize if NFL teams adopted your way of thinking the odds of the Patriots having won all those championships goes down considerably. Every team does it and Patriots were not above this technique at all. Heck they had their day of reckoning some last year with almost $30 million in dead money because of contracts they had pushed money to future years.

It is showing up more this year because it has to with everything going on in the world, but this technique has been used by every team especially when they feel like they are in a championship window.

 

[fastforward]

The Eagles and Saints are in bad shape because of the extreme amount of future cap money they've used. Bringing the space forward isn't by itself a bad thing. Some teams routinely structure contracts to bring forward future cap space just so they have instant flexibility. They don't actually use all or most of the extra space created. As a rule of thumb a team can extend the cap amount by about 55% as a rolling free overdraft. If the cap is $200M you can extend by $110M without a significant problem. If you push beyond that you're playing with fire because you need the cap to increase, (or at very least not decrease). You can be caught out because if you're using 155%+ of the cap and the cap goes down you have to decrease your salary cap by 155%+ of the standard decrease just to get back to the same relative position. Both the Eagles and Saints had used more than 155% of cap space through the 2020/21 season. Both teams are now having to cut players they don't want to cut.

Both teams have had sustained success over the last 10 years partly because they were so aggressive with the cap. Better to chase success than perennially be a weak team I guess. It's difficult to reset the cap situation in 1 year so both teams may be looking at 2 cheap/down years. The Patriots seem to be handling their cap difficulties much better. Maybe they're not. Maybe it's better to completely tank once in a while and have a top pick.

 

[BigKen]

And the Bears are turning three players' contracts into Bonus so that they will no count against the 2021 cap. So why doiesn't evey team turn all of their contracts into bonus money and spread it out over the next fifty years and just push the ca up to $250M.

What's the difference? As long as your team makes out, who gives a shit?? Why have a cap?? Why bother having rules.?? If you can legally side step or ignore them, then there's no sense in having them.

Supposedly, the Bears are doing this so that they can go "all in" on Russell Wilson.

 

[Southieinnc]

 

[wazzu31]

They all need cap space and some worse than others.

Kansas City Chiefs and Patrick Mahomes are "Redoing" his half billion dollar contract. The new contract will save the Chiefs $17M against he cap in 2021.

The Tampa Bay Buccaneers and Tom Brady have just torn up his contract and replaced it with a Four year extension with three of the years voidable. Tom saaves the Bucaneers $19M in 20231 allowing them to resign Shaquille Barrett and Rob Gronkowski.

The truth is that these teams are just the first to start redoing contracts before Wednesday's start of the 2021 season. All this allows them to do is spread the money over the length of the new contract as long as that player is on the the roster.

No one is exactly sure how much money anyone will actually make, but somewhere there is an amount that will eventually have to b paid and most likely it will be dead money. No matter what the Chiefs do, they have to somehow pay the $141M guarantee in the original contract. $14.1 of that is due in 2021,regardless of what they do. Somerhow they're going to play a game that will save them $17M according to Adam Shefter. Is Mahomes going to play 2021 for free? Apparently, in the end, Mahomes will make more money than he originally would have made with his old contract.

Why the hell bother with contracts? No one intends to keep them and no one honors them. Time for the unions and the leagues to start closing the loopholes because they will eventually come back and bite them in the ass.

NFLPA is already weak as hell but this something they should be completely behind. Without the highest paid players restructuring their contracts then less money will go to other players. They can either be cool with restructuring or they will end up with max contracts like the NBA which isn’t good for any player.

 

[molsaniceman]

The Chiefs are restructuring contracts for Patrick Mahomes, Travis Kelce, and Chris Jones.​

Redoing the contracts will put the team $20 million under the 2021 salary cap, creating enough space to (perhaps) shore up their offensive line. Mahomes was set to account for $7.4 million against the 2021 cap; Kelce's current deal would have been $13.25 million against the cap; and Jones would have been $21.8 million against the cap.

 

[Southieinnc]

The Chiefs are restructuring contracts for Patrick Mahomes, Travis Kelce, and Chris Jones.​

Redoing the contracts will put the team $20 million under the 2021 salary cap, creating enough space to (perhaps) shore up their offensive line. Mahomes was set to account for $7.4 million against the 2021 cap; Kelce's current deal would have been $13.25 million against the cap; and Jones would have been $21.8 million against the cap.

I*s this about fake contracts or fake offensive lines?

 

[ducky]

They all need cap space and some worse than others.

Kansas City Chiefs and Patrick Mahomes are "Redoing" his half billion dollar contract. The new contract will save the Chiefs $17M against he cap in 2021.

The Tampa Bay Buccaneers and Tom Brady have just torn up his contract and replaced it with a Four year extension with three of the years voidable. Tom saaves the Bucaneers $19M in 20231 allowing them to resign Shaquille Barrett and Rob Gronkowski.

The truth is that these teams are just the first to start redoing contracts before Wednesday's start of the 2021 season. All this allows them to do is spread the money over the length of the new contract as long as that player is on the the roster.

No one is exactly sure how much money anyone will actually make, but somewhere there is an amount that will eventually have to b paid and most likely it will be dead money. No matter what the Chiefs do, they have to somehow pay the $141M guarantee in the original contract. $14.1 of that is due in 2021,regardless of what they do. Somerhow they're going to play a game that will save them $17M according to Adam Shefter. Is Mahomes going to play 2021 for free? Apparently, in the end, Mahomes will make more money than he originally would have made with his old contract.

Why the hell bother with contracts? No one intends to keep them and no one honors them. Time for the unions and the leagues to start closing the loopholes because they will eventually come back and bite them in the ass.

You just have no concept of what teams are doing. Players are still getting paid. It is just where the dollars hit the cap and in which year.

A lot of teams could REALLY get screwed if 2021 is not played in front of fans. If a wave of Covid comes again and the cap for next year isn't significantly higher than it is this year, it would be a way bigger blood bath on the market than we are seeing this year.

Long and short: Don't complain about something you don't have the knowledge to understand. You sound idiotic.

 

[molsaniceman]

I*s this about fake contracts or fake offensive lines?

Chiefs signed LG Joe Thuney, formerly of the Patriots, to a five-year, $80 million contract.​

The Chiefs gutted their entire offensive line this offseason, so a splash move like this one was desperately needed. Patrick Mahomes, Travis Kelce, and Chris Jones restructured their contracts to open up 2021 cap space just days ago and most of that will be spent on this move. Thuney, 28, was considered to be the top interior offensive line free agent this offseason and offers All-Pro upside in the short term. He was a reliable starter in all five seasons with the Patriots after being a third-rounder in 2016. Kansas City is still looking for a center and at least one more offensive tackle.

 

[Southieinnc]

Chiefs signed LG Joe Thuney, formerly of the Patriots, to a five-year, $80 million contract.​

The Chiefs gutted their entire offensive line this offseason, so a splash move like this one was desperately needed. Patrick Mahomes, Travis Kelce, and Chris Jones restructured their contracts to open up 2021 cap space just days ago and most of that will be spent on this move. Thuney, 28, was considered to be the top interior offensive line free agent this offseason and offers All-Pro upside in the short term. He was a reliable starter in all five seasons with the Patriots after being a third-rounder in 2016. Kansas City is still looking for a center and at least one more offensive tackle.

Wonder how back-loaded this deal is?
Good for Thuney grabbing big money at right time.....

 

[TheRangerDude]

I'd love to see them get rid of the cap. Creates an unnecessary game within the game.

 

[Southieinnc]

Chiefs signed LG Joe Thuney, formerly of the Patriots, to a five-year, $80 million contract.​

The Chiefs gutted their entire offensive line this offseason, so a splash move like this one was desperately needed. Patrick Mahomes, Travis Kelce, and Chris Jones restructured their contracts to open up 2021 cap space just days ago and most of that will be spent on this move. Thuney, 28, was considered to be the top interior offensive line free agent this offseason and offers All-Pro upside in the short term. He was a reliable starter in all five seasons with the Patriots after being a third-rounder in 2016. Kansas City is still looking for a center and at least one more offensive tackle.

Thuney's cap hit this year? #3.8 million. Chiefs kick the can.....