The Jokeman Posted March 14, 2021 Posted March 14, 2021 And somehow the Saints save $7.5 million this season. https://www.google.com/amp/s/dknation.draftkings.com/platform/amp/2021/3/14/22330575/taysom-hill-contract-extension-voidable-years-the-salary-cap-is-fake-drew-brees-retirement 1 2
Big C Posted March 14, 2021 Posted March 14, 2021 Can someone explain how these voidable contracts work and why they do them? 1
TailgateChef Posted March 14, 2021 Posted March 14, 2021 I feel like this is a joke. Jokeman, Joker avatar, near-useless QB....outrageous post.
buffaloboyinATL Posted March 14, 2021 Posted March 14, 2021 Holy crap! They are actually going to play him at QB?! 1 3
Mountain Man Posted March 14, 2021 Posted March 14, 2021 4 minutes ago, Big C said: Can someone explain how these voidable contracts work and why they do them? Its spreading his signing bonus from. 1 year to 5 years. 1 minute ago, buffaloboyinATL said: Holy crap! They are actually going to play him at QB?! Its a cap space saving exercise. It frees up 7m+ this season.
NewEra Posted March 14, 2021 Posted March 14, 2021 And to think there are people that believe that JAs market value can’t go up if we wait. Utter nonsense. His market value has already gone up since the debate 2 weeks again. Whether or not he wants to capitalize on that is a different story....but his market value has already risen. 35M for Taysom Hill. I’m a fan of the guy, but 35M already? Meh 2 1 1
Big Turk Posted March 14, 2021 Posted March 14, 2021 So they are basically screwing themselves over for years to come on the cap ... 2 1
Big C Posted March 14, 2021 Posted March 14, 2021 3 minutes ago, Mountain Man said: Its spreading his signing bonus from. 1 year to 5 years. Its a cap space saving exercise. It frees up 7m+ this season. But why the $140million part? Where does that number come from?
The Jokeman Posted March 14, 2021 Author Posted March 14, 2021 7 minutes ago, TailgateChef said: I feel like this is a joke. Jokeman, Joker avatar, near-useless QB....outrageous post. I've been posting since 1999, my nickname in honor of Jackie "The Jokeman" Martling. I chose the avatar after SJ13 Why So Serious? t-shirt game against the Bengals. 6
Buffalo_Stampede Posted March 14, 2021 Posted March 14, 2021 This sounds like one of those old poison pill contracts. Bills should do this with Josh Allen before the NFL bans them. Give Josh an 8 year deal that's really a 4 year deal just to spread the cap hits out.
GunnerBill Posted March 14, 2021 Posted March 14, 2021 This is just an accounting move folks. Nothing to see here. 5 minutes ago, Buffalo_Stampede said: This sounds like one of those old poison pill contracts. Bills should do this with Josh Allen before the NFL bans them. Give Josh an 8 year deal that's really a 4 year deal just to spread the cap hits out. Why would the NFL ban them? 2
Numark3 Posted March 14, 2021 Posted March 14, 2021 16 minutes ago, The Jokeman said: I've been posting since 1999, my nickname in honor of Jackie "The Jokeman" Martling. I chose the avatar after SJ13 Why So Serious? t-shirt game against the Bengals. the Cardozo Hotel fight is an all time classic. 1
BarleyNY Posted March 14, 2021 Posted March 14, 2021 21 minutes ago, Big C said: Can someone explain how these voidable contracts work and why they do them? Voidable years in contracts are used to delay cap hits. Let’s say you have a player on a 1 year, $12M deal. That’s a $12M cap hit that season. But if your team wants to delay some of that cap hit, they can make it a 5 year deal with 4 years that automatically void. One structure is 5 years with a $10M signing bonus and $2M salaries in every year. Now it’s a 5 year, $20M contract that automatically voids to 1 year, $12M. But the cap hits would be $4M in year one and $8M in year two. 1
Buffalo_Stampede Posted March 14, 2021 Posted March 14, 2021 (edited) 14 minutes ago, GunnerBill said: This is just an accounting move folks. Nothing to see here. Why would the NFL ban them? It just seems like it should be illegal right? Why not just add voidable years to every contract? Maybe limit voidable years to 2 years or something. Edited March 14, 2021 by Buffalo_Stampede 1
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