Hyde contract restructured

[Bleeding Bills Blue]

2 minutes ago, MAJBobby said:

Anything is a pick they didnt have.  if you look at Atlantas WRs (when they are trying to get Watson reportedly) something needs to be done within that WR group.  A 5th is fine, point remains getting an asset and losing the cap hit.  it better than just losing the cap hit

 

I mean... Buffalo traded Bodine for a pick, and that guy sucked!  anything can happen!

[Buffalo_Stampede]

Just now, Georgie said:

Maybe working on a trade 

He's going to be released or take less money. Beasley likely trying to see what he'd be worth to other teams before deciding to take less from the Bills.

[MAJBobby]

1 minute ago, dneveu said:

 

I mean... Buffalo traded Bodine for a pick, and that guy sucked!  anything can happen!

And Tyrod for a 3rd.  I would not put a nice magic trade past Beane at all.

[Bleeding Bills Blue]

5 minutes ago, MAJBobby said:

And Tyrod for a 3rd.  I would not put a nice magic trade past Beane at all.

 

Lol... Pick 65!!! 

[Motor26]

6 minutes ago, Buffalo_Stampede said:

He's going to be released or take less money. Beasley likely trying to see what he'd be worth to other teams before deciding to take less from the Bills.

To be honest, I’m over Beasley. He’s not the same player he was anymore, would rather they draft his replacement and put the 6 million towards another player.

[MAJBobby]

 

[Buffalo03]

Just now, Motor26 said:

To be honest, I’m over Beasley. He’s not the same player he was anymore, would rather they draft his replacement and put the 6 million towards another player.

He's fine. He didn't see the field as much last year and I think a lot of it was punishment to him due to his twitter stuff. If he keeps off that he should be fine. He still does things at WR that other guys can't and is still valuable 

[BuffaloRebound]

31 minutes ago, nucci said:

getting under the cap by the deadline

Between Williams, Klein and feliciano cuts and Haack, Morse, Milano, and now Hyde restructurings, that seems a fair amount more than what they need for the additions already announced.  

[PonyBoy]

10 minutes ago, dneveu said:

 

I mean... Buffalo traded Bodine for a pick, and that guy sucked!  anything can happen!

Don't forget Tyrod for a 3rd. 

Anything is possible!

[quinnearlysghost88]

39 minutes ago, Big Turk said:

 

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).  

I wonder how that works for the player. Typically bonuses are taxed higher at capital gains. Do they take a hit because of this?

[MAJBobby]

Just now, BuffaloRebound said:

Between Williams, Klein and feliciano cuts and Haack, Morse, Milano, and now Hyde restructurings, that seems a fair amount more than what they need for the additions already announced.  

There is now Roughly 8.3M in space.  That will be enough to sign the (Jones, McKissic, and Saffold contract) with some to spare.

 

Milano has NOT been officially restructured yet. from what I can tell.

[Reed83HOF]

Just now, MAJBobby said:

There is now Roughly 8.3M in space.  That will be enough to sign the (Jones, McKissic, and Saffold contract) with some to spare.

 

Milano has NOT been officially restructured yet. from what I can tell.

I was too lazy to figure it out myself, so I asked Greg Tompsett, $2.2 million for rookies who will hit the top 51

[The Jokeman]

42 minutes ago, Process said:

Why is Beasley still on this team?

Josh Allen likes him and this team unlike the Packers listen to their franchise QB. That said I wouldn't be shocked if he's cut. 

[MAJBobby]

1 minute ago, Reed83HOF said:

I was too lazy to figure it out myself, so I asked Greg Tompsett, $2.2 million for rookies who will hit the top 51

I think it is closer to 4.

 

1st round pick 2.6M (will hit)

2nd round pick 1.1M (will hit) 

3rd round pick 960K (might hit)

4th round pick 900K (likely wont)

 

 

[BuffaloBillsGospel]

44 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.

 

  

 

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.

Right, I was just giving the basics of it.

 

[MAJBobby]

Cap moves Bills still have left pretty easily with little impact to talent level.

 

Beasley - cut/trade/paycut

Diggs - Extension

White - Restructure

Edmunds - Extension

Dawkins - Restructure

Poyer - Extension

Milano - Restructure

Star - Cut (Post June 1 Designation)

 

Edited March 16, 2022 by MAJBobby

[todd]

Remember - Buffalo needs to sign at least two backup QBs, and they generally aren't super cheap. I'm not sure any exciting moves are pending, other than a boring QB signing.

[Big Turk]

11 minutes ago, quinnearlysghost88 said:

I wonder how that works for the player. Typically bonuses are taxed higher at capital gains. Do they take a hit because of this?

 

Hmm...not sure.  They get it back on their taxes regardless.

[Mango]

1 hour ago, MAJBobby said:

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

 

A bunch of numbers are missing on OTC and Spotrac. 

Any idea what our space is looking like in 2023? 

[No_Matter_What]

20 minutes ago, MAJBobby said:

There is now Roughly 8.3M in space.  That will be enough to sign the (Jones, McKissic, and Saffold contract) with some to spare.

 

Milano has NOT been officially restructured yet. from what I can tell.

Hmm why do you think that? McKissic is 7/2, so probably around 2.5M first year. If Jones rumors are correct, he is 14/2, so at least 5M first year. Saffold has a dummy year, but I doubt his cap hit this year is less than 4M. So that is at least 11M together.