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Posted (edited)

wouldnt it be nice if ralph had a visit from his past, like scrooge. wakes up, tells nix to go get a left tackle, says to hell with littman, the bills are sold to jim kelly and remain in buffalo forever.

"Thank you very much, thank you very much, that's the nicest thing that anyone's ever done for me.....".....http://www.youtube.com/watch?v=dB4fSs_juoc

Edited by first_and_ten
Posted

in my best Peter Grant voice:

 

"doesn't matter as long as there's an extra nickle to be drained, by exploiting Bills fans, it's great"!

 

WINNER!!!! Anyone who knows who Peter Grant is rocks!!! Good on ya!

Posted

WINNER!!!! Anyone who knows who Peter Grant is rocks!!! Good on ya!

 

glad you like it. Although the scrooge reference above was pretty good too...

Posted

I think ralph has a money bin like scrooge mcduck had on duck tales. He will simply add the money to it, and enjoy his leisurly dips in the bin.

 

zzzzzzzzzzzzzzzzzzz

Posted

"Thank you very much, thank you very much, that's the nicest thing that anyone's ever done for me.....".....youtube.com/watch?v=dB4fSs_juoc

:thumbsup: LMAO!!.. the exact essence of my thoughts!

Posted (edited)

With Evans gone that clears cap space what r we gonna do with it

 

Your thoughts

I don't think the Evans trade clears as much cap space this year as everybody seems to assume. Evans signed a 4 year contract extension in the 2008 season:

 

http://sports.espn.go.com/nfl/news/story?id=3622918

 

Evans signed a four-year, $37.25 million contract extension Thursday which included $18.25 million in guarantees, according to a source. He is now the third highest-paid receiver in the NFL behind the Panthers' Steve Smith and the Cardinals' Larry Fitzgerald.

 

A former Bills first-round choice, Evans was scheduled to be a free agent at the end of the season. Now, he is signed through 2012.

 

To figure out the effect of the trade on 2011 cap space, you need to understand how any signing bonus previously paid to Evans gets counted towards the salary cap.

 

Here's how it worked under the old 2006 CBA, and I have no reason to think it has changed under the 2011 CBA:

 

http://www.askthecommish.com/salarycap/faq.asp

 

Question 1.12

 

What happens if a player is traded or retires?

 

Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).

 

In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.

 

* * * * * * * * * * * * * * *

 

While we're on the topic, let's talk a bit more about signing bonuses

 

Also included in the “bonus” are guaranteed reporting bonuses and guaranteed workout bonuses. Roster or reporting bonuses earned or paid before preseason training camp are also considered bonuses. Guaranteed salary advances or advances that do not have to be repaid are treated as signing bonuses. Money guaranteed or paid for option years, contract extensions, contract modifications, individually negotiated rights of first refusal, and option buyouts are considered signing bonuses. Reporting bonuses are treated as signing bonuses if the contract is signed after the start of training camp. Roster bonuses are also considered signing bonuses if the contract was signed after the last preseason game. Finally, individually negotiated relocation bonuses are treated as a signing bonus.

 

The non-guaranteed amount of any salary advance, off-season workout bonus, off-season roster bonus, or off-season reporting bonus is included in the team’s salary in the year it was earned. These bonuses cannot be prorated. “Guaranteed” refers to those bonuses that are fully guaranteed–regardless of skill, injury or termination of the contract.

 

So what does all this mean?

 

According to the unidentified "source" in John Clayton's 2008 article, the contract extension Evans signed during the 2008 season contained $18.25 million in guarantees. Worst case for 2011 salary cap would be if ALL $18.25 million got pro-rated over 5 years (the 2008 season in which the extension was signed and the 2009, 2010, 2011 and 2012 seasons added to the contract by the extension). So under the worst case scenario, $18,250,000/5 = $3,650,000 of the guaranteed money gets counted against the Bills' salary cap for EACH of the 2008 through 2012 seasons.

 

Then when Evans gets traded, the $3,650,000 that would have been counted against the salary cap in each of the 2011 and 2012 seasons gets accelerated, and the combined $7,300,000 all counts against the Bills' salary cap in 2011. On the other hand, any non-guaranteed money that Evans would have been paid by the Bills during the 2011 season will now be paid by the Ravens, who inherited his existing contract, and will count against the Ravens 2011 salary cap rather than against the Bills 2011 salary cap.

 

Bottom line is that Evans' non-guaranteed base 2011 salary falls off the Bills cap accounting, but as much as $3,650,000 gets accelerated onto the Bills salary cap for 2011.

 

And the Bills will still have the same number of players on the final roster, so you have to remember to add in the minimum 2011 salary ($375,000) of the lowest paid player who gets that last roster spot after Evans is gone.

 

Where's the big 2011 cap savings that everybody is assuming the trade will cause?

 

Seems to me like most of the cap savings from the trade don't get realized until the 2012 season.

Edited by ICanSleepWhenI'mDead
Posted

I don't think the Evans trade clears as much cap space this year as everybody seems to assume. Evans signed a 4 year contract extension in the 2008 season:

 

http://sports.espn.go.com/nfl/news/story?id=3622918

 

 

 

To figure out the effect of the trade on 2011 cap space, you need to understand how any signing bonus previously paid to Evans gets counted towards the salary cap.

 

Here's how it worked under the old 2006 CBA, and I have no reason to think it has changed under the 2011 CBA:

 

http://www.askthecommish.com/salarycap/faq.asp

 

 

 

So what does all this mean?

 

According to the unidentified "source" in John Clayton's 2008 article, the contract extension Evans signed during the 2008 season contained $18.25 million in guarantees. Worst case for 2011 salary cap would be if ALL $18.25 million got pro-rated over 5 years (the 2008 season in which the extension was signed and the 2009, 2010, 2011 and 2012 seasons added to the contract by the extension). So under the worst case scenario, $18,250,000/5 = $3,650,000 of the guaranteed money gets counted against the Bills' salary cap for EACH of the 2008 through 2012 seasons.

 

Then when Evans gets traded, the $3,650,000 that would have been counted against the salary cap in each of the 2011 and 2012 seasons gets accelerated, and the combined $7,300,000 all counts against the Bills' salary cap in 2011. On the other hand, any non-guaranteed money that Evans would have been paid by the Bills during the 2011 season will now be paid by the Ravens, who inherited his existing contract, and will count against the Ravens 2011 salary cap rather than against the Bills 2011 salary cap.

 

Bottom line is that Evans' non-guaranteed base 2011 salary falls off the Bills cap accounting, but as much as $3,650,000 gets accelerated onto the Bills salary cap for 2011.

 

And the Bills will still have the same number of players on the final roster, so you have to remember to add in the minimum 2011 salary ($375,000) of the lowest paid player who gets that last roster spot after Evans is gone.

 

Where's the big 2011 cap savings that everybody is assuming the trade will cause?

 

Seems to me like most of the cap savings from the trade don't get realized until the 2012 season.

 

 

all of which makes the trade even less strategic....but you miss the point! it saves wilson millions on payroll. cap and winning be damned.

 

did anyone hear tasker try to rationalize this move last night? he was citing thge fact that the BEARS had a couple of bit players paid almost as much as evans. sure convinced me that this wasn't a salary dump move :cry:

Posted

Well Chris Kelsey obviously needs another extension. I would say lock him up for at least 20 years at 100 million if we are lucky!

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