Orton's Arm Posted March 5, 2006 Posted March 5, 2006 Not correct. Assuming there's no new CBA, if they cut Moulds, ALL of his unamortized bonus hits the 2006 cap, regardless of when he's cut. With a new CBA, they'd have to wait until after June 1st. What I was getting at is that if the Bills pay Moulds $7 million in new money (which they'd have to do if they kept him) they'd create $7 million in additional cap burden. It's like putting $7 million more on your credit card. However, $1.7 million in existing credit card debt would be paid in 2007 instead of 2006 if we kept him. So of the $7 million in cap space that would be created by cutting Moulds, a little over $5 million would be received in 2006, and a little less than $2 million would be received in 2007. When people quote the $5 million cap savings for cutting Moulds, they are looking at cap savings for 2006 only. You do bring up a good point about the possibility of a collective bargaining agreement extension allowing teams to spread the cap hit over two years.
MadBuffaloDisease Posted March 5, 2006 Posted March 5, 2006 What I was getting at is that if the Bills pay Moulds $7 million in new money (which they'd have to do if they kept him) they'd create $7 million in additional cap burden. It's like putting $7 million more on your credit card. However, $1.7 million in existing credit card debt would be paid in 2007 instead of 2006 if we kept him. So of the $7 million in cap space that would be created by cutting Moulds, a little over $5 million would be received in 2006, and a little less than $2 million would be received in 2007. When people quote the $5 million cap savings for cutting Moulds, they are looking at cap savings for 2006 only. You do bring up a good point about the possibility of a collective bargaining agreement extension allowing teams to spread the cap hit over two years. This is the crux of the matter. This year, if there's no CBA, is a special circumstance since it doesn't matter WHEN you release a player because ALL of the amortized SB will accelerate into the 2006 year, regardless of how many years the player has left on his contract. So the savings for this year would be $5.5M and then that it. No cap hit AT ALL for 2007 because his unamortized SB was charged to the 2006 cap. Now if the CBA is extended, then the Bills can choose to cut him after June 1st and spread-out the unamortized SB over 2 years, but other bonuses might kick in and off-set some of that. And if a new CBA gets done, I don't see the Bills doing anything with his contract, keep him for the year, and cut him next year.
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