Von Miller takes pay cut

[Mango]

4 hours ago, GunnerBill said:

If that is as reported it is a proper pay cut. 

 

What I mean by that is it isn't a restructure and it isn't swapping non-guaranteed money for a smaller amount of guaranteed money. 

 

Von's $17.5m salary this year was FULLY guaranteed. He is taking a near $9m pay cut (who knows what the incentives are). That is significant. 

It seems that the term “restructure” is getting thrown out a lot for things that don’t typically fall under the use.

 

Very curious of the implications for cutting Von. Not just next year, but even as early as this year post June 1. 

[Mango]

4 hours ago, transplantbillsfan said:

 

I think he legitimately thinks he can still play and this new deal gives him the opportunity to earn more than what he was scheduled to earn.

 

You can almost guarantee that 2 of the "hard to reach incentives" put in his contract are tackles and sacks.

 

That means if he gets more tackles than 2023, he reaches that incentive and earns more.

 

That wouldn't be hard considering he had 3 tackles

 

If he gets more sacks than in 2023, he reaches that incentive and earns more.

 

That wouldn't be hard considering he had 0 sacks.

 

My bet is another incentive will be games played or active, and considering he started the season on PUP, that might not be hard for him, either.

 

So yes, this is a solid for Buffalo, but he may legitimately believe he's about to earn more than he was scheduled... and all of that money goes on next year's CAP.

Am I missing something? You think Von will get a bonus for 4 tackles?

 

Bonuses are generally based on a total performance not necessarily related to the prior year. I would be shocked if Von triggered additional pay on his 4th tackle. That silly.

[NoSaint]

11 minutes ago, CA OC Bills Fan said:

This is not correct. The cap hit to cut was more than leaving him on the roster. Miller was more going to be cut. He accepted a pay cut which only favors the Bills unless possibly of he reaches incentives. I'd guess he believes in himself and expects to meet them. 

 

all that cash being paid this year would both be real dollars out of pegulas pocket and also new money to account for against the cap 

he reduced those today to be in line with what would’ve hit if he was cut. 
 

you can chose to believe it was pure goodness in his heart if you want but common sense says he was told “you will receive x dollars, do you prefer to be a bill or a free agent at that number?”

9 minutes ago, Mango said:

Am I missing something? You think Von will get a bonus for 4 tackles?

 

Bonuses are generally based on a total performance not necessarily related to the prior year. I would be shocked if Von triggered additional pay on his 4th tackle. That silly.

transplant is still working on figuring out void years. Don’t let him teach you about l likely to be earned bonuses

[Mango]

5 minutes ago, NoSaint said:

 

all that cash being paid this year would both be real dollars out of pegulas pocket and also new money to account for against the cap 

he reduced those today to be in line with what would’ve hit if he was cut. 
 

you can chose to believe it was pure goodness in his heart if you want but common sense says he was told “you will receive x dollars, do you prefer to be a bill or a free agent at that number?”

transplant is still working on figuring out void years. Don’t let him teach you about l likely to be earned bonuses

I think the truth is likely somewhere in the middle. Von was way too costly against the cap to cut.
 

But I do think it was possibly said “hey man, if you underperform on $25M I gotta move on from you next offseason.  It is what it is. We think this is your value now. If you reach it you can be a Bill for a while. Otherwise you’re a goner next year. If you renegotiate I’m happy to get you back to $25M in incentives commensurate with that pay/performance”

 

Also there was some rumor that Von’s original deal was voidable if charged with domestic assault. Google doesn’t tell me that case has gone away yet. This new deal might get Von some more money if something comes of it. But that’s total conjecture.  

[Shaw66]

1 hour ago, HomeTeam said:

I hope he's learned from the past, I really did not like the Von signing when we made it. 

 

He's has an opportunity to do a soft reset here and have another crack at it. I'm curious how he's going to pivot his approach since their mantra is constantly growing. 

I agree. It will be interesting.  

[Westside]

5 hours ago, Bruffalo said:

Just shows how good Beane is. Top 5 GM in the league.

 

If Von plays like he was originally supposed to, he gets a bag. Perfect scenario for both sides.

He’s the one who got us into this cap mess. I’m glad he’s getting us out of it.

[NoSaint]

3 minutes ago, Mango said:

I think the truth is likely somewhere in the middle. Von was way too costly against the cap to cut.
 

But I do think it was possibly said “hey man, if you underperform on $25M I gotta move on from you next offseason.  It is what it is. We think this is your value now. If you reach it you can be a Bill for a while. Otherwise you’re a goner next year. If you renegotiate I’m happy to get you back to $25M in incentives commensurate with that pay/performance”

 

Also there was some rumor that Von’s original deal was voidable if charged with domestic assault. Google doesn’t tell me that case has gone away yet. This new deal might get Von some more money if something comes of it. But that’s total conjecture.  

im obviously oversimplifying for the sake of a 3 sentence post but in broad strokes it gets pretty darn close 

 

there are some other pressure and pain points - cash flows through to egos and PR - but quick and dirty is we can both walk away looking like idiots or we can both walk away looking good. Salary vs bonus, or incentives have some range of covering the nuances but two guys did the mutually beneficial thing. Not a mastermind GM or a DE with a heart of gold at play. 
 

“your pay will be the same as if you are cut but I’ll give you some incentives if you regain form”

 

“I’ll still play for you because the alternative would be quite publicly humbling for me and that’s the most I could make this year anyway”

 

is that first 1m bonus for 4 sacks or 6? Or is it $2m? Sure, there’s some noise I oversimplified but for today all we know is the other choices sucked and I’m glad neither side tried to play hard ball or call a bluff 

[Bruffalo]

3 minutes ago, Westside said:

He’s the one who got us into this cap mess. I’m glad he’s getting us out of it.

Yeah I’m mad Beane didn’t have a crystal ball to tell him that Von would get hurt too.

 

[Westside]

Just now, Bruffalo said:

Yeah I’m mad Beane didn’t have a crystal ball to tell him that Von would get hurt too.

 

Do you need a crystal ball to know not to over pay for a 30+ year old DE? It was a bad deal, too much money for to many years. 

[14774]

5 hours ago, Chandler#81 said:

Wet Dream come true. I honestly didn’t think that one-legged windbag would even consider this. 
Go Bills!

I'm sure he'll tell us about the favor he did, multiple times. 

[Warriorspikes51]

Is there a real chance Chris Jones will test the market?  Because him with Ed Oliver and a Von Miller who needs to hit incentives could be terror.

 

IMO if there is 1 player we could acquire that would win us the SB….it’s Chris Jones. In part because you’ve weakened KC. Instead of Allen getting hit at a key moment, it’s Mahomes

 

Yes yes we know the cap.  If Beane makes a few more moves, he can get us to 40 mil in space. Figure a way to pay Jones $$ and still balance what the effect will be in 2027

 

I do wonder if Beane said  “look we want to bring in player(s)________ and in order to do that we need to rework your contract”

 

Von loves the GM aspect, so very interesting

Edited March 7 by Warriorspikes51

[SoonerBillsFan]

34 minutes ago, Shaw66 said:

I agree. It will be interesting.  

The good thing is we have a nice out next offseason with Von if need be.  So him reducing his cap by nearly 9 mill and still having an out, that's a win win.

3 minutes ago, Warriorspikes51 said:

Is there a real chance Chris Jones will test the market?  Because him with Ed Oliver and a Von Miller who needs to hit incentives could be terror.

 

IMO if there is 1 player we could acquire that would win us the SB….it’s Chris Jones. In part because you’ve weakened KC. Instead of Allen getting hit at a key moment, it’s Mahomes

 

Yes yes we know the cap.  If Beane makes a few more moves, he can get us to 40 mil in space. Figure a way to pay Jones $$ and still balance what the effect will be in 2027

Honestly, Jones is the only GA put there that I would be willing to spend money on.  I'm just not thrilled with the FA's this year.

[HappyDays]

5 hours ago, transplantbillsfan said:

 

Super interesting, but I bet those "hard to reach incentives" were attainable in Von's eyes, which is why he agreed to it.

 

Maybe. But part of me wonders if Beane threatened him - take the pay cut or we'll release you as a post-6/1 designation. A couple months back I thought that would be one way of handling his contract, I just didn't know if Beane would be willing to be that ruthless. If Von was cut he would get a paltry contract offer from another team, and we would be stuck with a bunch of dead money, so it is a good compromise for both sides to accept this pay cut.

[JerseyBills]

ALL These moves, my head is spinning. How we feeling Mafia?

[HappyDays]

2 hours ago, boyst said:

Could Knox be next? 👀

 

From a reliable source, Knox was asked to take a paycut. I heard this last week but never got an update.

[Thurman#1]

6 hours ago, GunnerBill said:

If that is as reported it is a proper pay cut. 

 

What I mean by that is it isn't a restructure and it isn't swapping non-guaranteed money for a smaller amount of guaranteed money. 

 

Von's $17.5m salary this year was FULLY guaranteed. He is taking a near $9m pay cut (who knows what the incentives are). That is significant. 

 

Yeah, just what I was thinking, a pay cut.

 

Part of it might be not yet reported.

 

But I think Von might see a pay cut as fair with how the injuries made him unable to play for most of the past two years. He's already very rich. A cut like that is Von giving either being nice or recognizing that his value isn't the same. Or a combination of both, probably.

 

Nice for the Bills, though.

 

 

Edited March 7 by Thurman#1

[John from Riverside]

25 minutes ago, JerseyBills said:

ALL These moves, my head is spinning. How we feeling Mafia?

I’m not feeling as bad as I thought I was going to I’m big fans of guys like Poyer, white and Morse
 

But we all knew this day was coming, even if it wasn’t going to be this year

[Thurman#1]

3 minutes ago, HappyDays said:

 

From a reliable source, Knox was asked to take a paycut. I heard this last week but never got an update.

 

Hunh.

 

I can believe that, it would make sense.

 

They can't really believably  threaten to cut him this offseason, not with a dead cap hit of $20M. But if he cuts his salary to make it more palatable for the Bills to keep him long-term, they could in turn guarantee some of his salary over the next couple of years.

[JerseyBills]

12 minutes ago, John from Riverside said:

I’m not feeling as bad as I thought I was going to I’m big fans of guys like Poyer, white and Morse
 

But we all knew this day was coming, even if it wasn’t going to be this year

Yea same. Damn shame we're losing 4 staples in this era in White Hyde Poyer and even Morse but ya def saw it coming. Only wish we got them boys a much deserved ring. 

[transplantbillsfan]

6 hours ago, ColoradoBills said:

 

The contract is going to be re-wrote for these incentives.

I'm POSITIVE it won't be the standard LTBE/NLTBE incentives.

 

6 hours ago, FireChans said:

Hm, do you have a link?

 

there’s certainly a LTBE and NLTBE, but I thought the teams are allowed to set whatever they want as the actual numbers.

 

Not likely to be earned incentives are typically based on the player's previous statistical season. I listen to a LOT of Greg Tompsett. That's exactly how he defines it.

 

You can Google it and that's how it's defined, too.

 

I'm sure that player and team can come to a different agreement, but what would be the motivation for the player? The entire point is that it benefits both player and team, as this does.

 

Tompsett also points out that it can work in favor of the team when a player agrees to LIKELY to be earned incentives, but doesn't reach them. For example, Matt Milano signed an extension last offseason. We don't know the details of the incentives in his contract, but assuming the team put incentives in his contract that were likely to be earned incentives in his contract like tackles, sacks, interceptions, and games played... he likely didn't meet those incentives. Those likely to be earned incentives would have counted against the CAP last year and therefore we'd get that money back in the CAP this year.