San-O Posted November 25, 2008 Share Posted November 25, 2008 I'm looking at the 2007 Front Office page and seeing below Kelsay get $ 11 M signing bonus? Is this correct? http://billsdaily.com/frontoffice/2007.shtml The Salary Cap page says $ 5 M this year I assume, and $ 3M cash-cap. How much has he already been paid, and how much would it cost to dump him. Dead cap money? http://billsdaily.com/frontoffice/salarycap.shtml Link to comment Share on other sites More sharing options...
Poeticlaw Posted November 25, 2008 Share Posted November 25, 2008 I'm looking at the 2007 Front Office page and seeing below Kelsay get $ 11 M signing bonus? Is this correct? http://billsdaily.com/frontoffice/2007.shtml The Salary Cap page says $ 5 M this year I assume, and $ 3M cash-cap. How much has he already been paid, and how much would it cost to dump him. Dead cap money? http://billsdaily.com/frontoffice/salarycap.shtml Doesnt the cash to cap mean that the bonus is not ammoritized and the only cost to cutting him would be nothing becuase he got is 11 Mil last year. Link to comment Share on other sites More sharing options...
San-O Posted November 25, 2008 Author Share Posted November 25, 2008 Doesnt the cash to cap mean that the bonus is not ammoritized and the only cost to cutting him would be nothing becuase he got is 11 Mil last year. That's what I'm trying to figure out. He already got the signing bonus, and that's the major chunk of the guaranteed money. Link to comment Share on other sites More sharing options...
plenzmd1 Posted November 25, 2008 Share Posted November 25, 2008 Doesnt the cash to cap mean that the bonus is not ammoritized and the only cost to cutting him would be nothing becuase he got is 11 Mil last year. I may be wrong, but his bonus would still be amortorized over the life of the contract if it was a signing bonus. However, the Bills on their books count the whole thing this year, and the Bills have said they will only spend in one year what the cap is. But I also think there is something where if they gave him the bonus as say a reporting bonus, then the whole thing thing goes into this years cap. Confused yet??? join the club Link to comment Share on other sites More sharing options...
San-O Posted November 25, 2008 Author Share Posted November 25, 2008 I may be wrong, but his bonus would still be amortorized over the life of the contract if it was a signing bonus. However, the Bills on their books count the whole thing this year, and the Bills have said they will only spend in one year what the cap is. But I also think there is something where if they gave him the bonus as say a reporting bonus, then the whole thing thing goes into this years cap. Confused yet??? join the club Yes. Doh! I guess the relevant thing is no matter what they do with him, they're on the hook for the $ 11 mil. So at this point, it's simply a matter of spending $ 3 mil. on him this year or dumping him? Link to comment Share on other sites More sharing options...
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