Hyde contract restructured

[BillsMafi$]

 

Edited March 16, 2022 by BillsMafi$

[Saxum]

That you @YoloinOhio Junior!

[TheBeaneBandit]

Sup now playas? Hoping somethin good is on the way...

[ChanticleerBillsFan]

This cap stuff is confusing. All I know is bring us more players! 

[MAJBobby]

That will get us compliant at 4pm with the new non accounted for signings of Saffold, Jones and McKissic

[BuffaloRebound]

What are you up to McBeane? 

[Saint Doug]

1 minute ago, ChanticleerBillsFan said:

This cap stuff is confusing. All I know is bring us more players! 

I’m convinced the cap is actually fake. It’s a facade. 

[SCBills]

1 minute ago, MAJBobby said:

That will get us compliant at 4pm with the new non accounted for signings of Saffold, Jones and McKissic

 

Could be, but restructuring Hyde, restructuring Milano (as reported) and the likely cut of Beasley today frees up a decent bit of space.

[MrEpsYtown]

1 minute ago, Saint Doug said:

I’m convinced the cap is actually fake. It’s a facade. 

 

The fact that the Saints are in on Deshaun watson and were like 60 million over the cap the other day is the best evidence that it is all faker than Kim Kardashian. 

[Bray Wyatt]

2 minutes ago, MAJBobby said:

That will get us compliant at 4pm with the new non accounted for signings of Saffold, Jones and McKissic

I thought Milano's did that?

[Big Turk]

1 minute ago, ChanticleerBillsFan said:

This cap stuff is confusing. All I know is bring us more players! 

 

It's not that confusing.  Basically a signing bonus is able to be spread out over the remaining length of the contract. So for example if they took $5 million of base salary and converted into signing bonus for someone with 2 years left on the contract, they would save $2.5 million against the cap this year because that $5 million would be spread out over two years. The downside is that they are increasing their cap next year(and for contracts longer than 2 years, every year thereafter I believe up to 5 years).  

[D. L. Hot-Flamethrower]

3 minutes ago, MAJBobby said:

That will get us compliant at 4pm with the new non accounted for signings of Saffold, Jones and McKissic

Is that all it does? Damn

[BuffaloBillsGospel]

2 minutes ago, ChanticleerBillsFan said:

This cap stuff is confusing. All I know is bring us more players! 

All we’re doing is taking the money owed to Micah Hyde and turning it into guaranteed money. So the player gets that money upfront and the Bills free up much needed space.

[MAJBobby]

1 minute ago, SCBills said:

 

Could be, but restructuring Hyde, restructuring Milano (as reported) and the likely cut of Beasley today frees up a decent bit of space.

It will.  Same with Star bieng a post june 1 designation cut. that would be another 4.1M roughly alone.  Bills cap is fine even if it looks tight as there are areas to save still if needed.

[Process]

Why is Beasley still on this team?

[No_Matter_What]

Hmm per sportrac they spread it over 5 years, creating 3 void years with dead cap §1.1M each.

 

https://www.spotrac.com/nfl/buffalo-bills/micah-hyde-12440/

 

Not sure I like this. 

 

But like I said I will judge once FA is over.

 

  

2 minutes ago, BuffaloBillsGospel said:

All we’re doing is taking the money owed to Micah Hyde and turning it into guaranteed money. So the player gets that money upfront and the Bills free up much needed space.

 

Well it is not all we are doing. We are also creating lot of dead cap for future years. I am not saying we shouldn't do it but it is important to note.

Edited March 16, 2022 by No_Matter_What

[MAJBobby]

Just now, D. L. Hot-Flamethrower said:

Is that all it does? Damn

Pretty much at this point.  3.8M in space at this point.  Needed more to fit Saffold, Jones and McKissic (they would not fit in the 3.8M curently).  Still alot of areas to make space up with restructures if Beane gets a big fish he will then hit the others like Tre, Dawkins, Diggs etc 

1 minute ago, Process said:

Why is Beasley still on this team?

probably working the trade side.  Nothing forcing a move with him yet.

[Gonzonzo]

Making  cap space  for Chandler Jones???

[Thurman#1]

3 minutes ago, MrEpsYtown said:

 

The fact that the Saints are in on Deshaun watson and were like 60 million over the cap the other day is the best evidence that it is all faker than Kim Kardashian. 

 

 

Yes, the cap is fake.

 

Also credit cards. You don't really have to pay them back at all.

[MAJBobby]

2 minutes ago, No_Matter_What said:

Hmm per sportrac they spread it over 5 years, creating 3 void years with dead cap §1.1M each.

 

https://www.spotrac.com/nfl/buffalo-bills/micah-hyde-12440/

 

Not sure I like this. 

 

But like I said I will judge once FA is over.

I am fine with they added void years, they will be small dead money