NoSaint Posted March 8, 2015 Posted March 8, 2015 Where's the logic in front loading a contract when you're "all in" for the next two years? I would stake McCoy on the bet that we don't sign another big FA now, especially Lou Potty. All in for the next two years, with little cap space the next two years. Good move? It's front loaded in cash not cap hit. Don't be a doofus here FC. His cap hit just cut in half this year
YoloinOhio Posted March 8, 2015 Author Posted March 8, 2015 Doesn't sound we saved anything by doing, actually sounds like its a worse deal for us.cap hit was 10.25 at time of trade, down to 5.6
Wayne Cubed Posted March 8, 2015 Posted March 8, 2015 (edited) Boom! Massive cap savings. Let's break ir down for those who don't get it. $16 million salary of which $13 million is signing bonus, signing bonus cap hits are spread out over the entirety of the contract so that's $2.6 million a year hit this year plus the $3 million not signing bonus money equals $5.6 millions cap hit this year. Edited March 8, 2015 by Wayne Cubed
YoloinOhio Posted March 8, 2015 Author Posted March 8, 2015 @ChrisTrapasso: Re: McCoy's $13M signing bonus. RT @RyanFeder: would prorate over all 5 years. 2.6 hit per year. All but Gtd's he sees year 3 of deal.
NoSaint Posted March 8, 2015 Posted March 8, 2015 cap hit was 10.25 at time of trade, down to 5.6 I think anyone that can't calculate his cap hit this year based on 16m cash paid out and a 13m signing bonus being the bulk of that, shouldn't be allowed to comment on it yet
QB Bills Posted March 8, 2015 Posted March 8, 2015 It's not my money. I don't care how much he gets. Just saying I'd prefer to have Kiko plus whatever money saved to get someone else as opposed to McCoy.
NoSaint Posted March 8, 2015 Posted March 8, 2015 @ChrisTrapasso: Re: McCoy's $13M signing bonus. RT @RyanFeder: would prorate over all 5 years. 2.6 hit per year. All but Gtd's he sees year 3 of deal. Yup.... Probably sees year 4 too. It'd be a 5.2 m hit to cut him after year 3
DrDawkinstein Posted March 8, 2015 Posted March 8, 2015 It's not my money. I don't care how much he gets. Just saying I'd prefer to have Kiko plus whatever money saved to get someone else as opposed to McCoy. So by restructuring and saving half his cap hit that will probably go to keeping Hughes... You still arent happy. Got it. Go Bills?
Reed83HOF Posted March 8, 2015 Posted March 8, 2015 Too much coffee and I'm excited! What a great off-season so far!!!
EmotionallyUnstable Posted March 8, 2015 Posted March 8, 2015 So by restructuring and saving half his cap hit that will probably go to keeping Hughes... You still arent happy. Got it. Go Bills? Exactly. And then some.
YoloinOhio Posted March 8, 2015 Author Posted March 8, 2015 No doubt the Bills wanted this out there with 2 days to go until FA to show they are not playing games
GG Posted March 8, 2015 Posted March 8, 2015 It's not my money. I don't care how much he gets. Just saying I'd prefer to have Kiko plus whatever money saved to get someone else as opposed to McCoy. Name a better available RB?
Reed83HOF Posted March 8, 2015 Posted March 8, 2015 Joe Chenelly @jchenelly 1h1 hour ago Shady McCoy has warmed up to the idea of toting the rock for #BIlls. A reworked, team-friendly but still rich contract to be finalized soon. Serious question: Who the heck is Joe Chenelly, and why should I trust his tweets? I think he did pretty well today....
FireChan Posted March 8, 2015 Posted March 8, 2015 It's front loaded in cash not cap hit. Don't be a doofus here FC. His cap hit just cut in half this year I deleted it, this was prior to the cap hit being released.
QB Bills Posted March 8, 2015 Posted March 8, 2015 Apologies...I didn't see that the cap hit was down to 5.6 million. That's some good restructuring by the Bills. Still don't like the trade, but that's not a prohibitive number. Now re-sign Hughes, and get Bulaga and Iupati please.
ALF Posted March 8, 2015 Posted March 8, 2015 (edited) http://www.spotrac.com/nfl/buffalo-bills/lesean-mccoy/ LeSean McCoy signed a 5 year / $40,000,000 contract with the Buffalo Bills, including a $13,000,000 signing bonus, $26,500,000 guaranteed, and an annual average salary of $8,000,000. Edited March 8, 2015 by ALF
NoSaint Posted March 8, 2015 Posted March 8, 2015 (edited) I deleted it, this was prior to the cap hit being released.I was mostly giving you a hard time. Common sense did say there would be a signing bonus and cap relief though- there's a reason I guessed at a 4m salary and 12m bonus when we saw 16m - not totally out of thin air I also wouldn't be shocked if his hit is penciled in at 10m+ next year but with a roster bonus planned to become signing bonus and further lock this in at a minimum of 4 years.... just taking a stab based on numbers out there guaranteed Edited March 8, 2015 by NoSaint
YoloinOhio Posted March 8, 2015 Author Posted March 8, 2015 (edited) Kaner @88PKane: Welcome to Buffalo LeSean McCoy @CutonDime25 Edited March 8, 2015 by YoloinOhio
Wayne Cubed Posted March 8, 2015 Posted March 8, 2015 I think he did pretty well today.... No offense to him, but that's been reported for days now
Kelly the Dog Posted March 8, 2015 Posted March 8, 2015 Good deal for both sides. The Bills just basically guaranteed the three year salary h already had, but lowered this years cap hit by 5m.
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