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B_Dub_Saint 12-26-2012 01:29 PM

Question about the salary cap?
 
Ok I know this might seem like a dumb question but I wanted someone who knows about the cap to answer this.

So I some what think I know how Loomis was able to negotiate Drews contract by using a "signing bonus" to be able to give him what he wanted and also it did not affect the cap.

If that is correct, my question is why can we not use that same loop hole to negotiate other players contracts for next year to help our cap issues?

Rugby Saint II 12-26-2012 02:14 PM

Re: Question about the salary cap?
 
That is a great question! There are some subtle differences that I don't understand like bonus money not counting toward the salary cap. I am looking forward to the answer.

B_Dub_Saint 12-26-2012 05:07 PM

Re: Question about the salary cap?
 
Any takers, I guess my question is do signing bonuses go toward the cap?

CharityMike 12-26-2012 05:15 PM

Re: Question about the salary cap?
 
If I am not mistaken, no. Only guaranteed money. Thats why they restructured the players they did this year. Gave them some of there previous contract salary up front as a bonus, the rest goes as salary which comes off the cap.

Rugby Saint II 12-26-2012 05:16 PM

Re: Question about the salary cap?
 
What about incentive bonuses? How far can you back load a contract and how much of that money is guaranteed?

CharityMike 12-26-2012 05:16 PM

Re: Question about the salary cap?
 
Quote:

Originally Posted by B_Dub_Saint (Post 467773)
Ok I know this might seem like a dumb question but I wanted someone who knows about the cap to answer this.

So I some what think I know how Loomis was able to negotiate Drews contract by using a "signing bonus" to be able to give him what he wanted and also it did not affect the cap.

If that is correct, my question is why can we not use that same loop hole to negotiate other players contracts for next year to help our cap issues?

Thats exactly what they are going to want to do. But the player has to agree to it.

CharityMike 12-26-2012 05:19 PM

Re: Question about the salary cap?
 
Quote:

Originally Posted by Rugby Saint II (Post 467808)
What about incentive bonuses? How far can you back load a contract and how much of that money is guaranteed?

I am sorry..all operators are busy right now, leave a name and number and someone who knows what the crap they are talking about will call you back shortly..Beeeep :dunce:

B_Dub_Saint 12-26-2012 05:51 PM

Re: Question about the salary cap?
 
If your right Mike, and I believe you are, then why wouldn't all teams just pay players in bonus money. I mean if you think about it, you could pay every player league minimum and say, don't worry we will pay you butt loads in bonuses.

It kind of defeats the whole purpose of a salary cap in the first place.

Utah_Saint 12-26-2012 05:53 PM

Re: Question about the salary cap?
 
Quote:

Originally Posted by Rugby Saint II (Post 467808)
What about incentive bonuses? How far can you back load a contract and how much of that money is guaranteed?

"Incentive bonuses require a team to pay a player additional money if he achieves a certain goal. For the purposes of the salary cap, bonuses are classified as either "likely to be earned", which requires the amount of the bonus to count against the team's salary cap, or "not likely to be earned", which is not counted. A team's salary cap is adjusted downward for NLTBE bonuses that were earned in the previous year but not counted against that year's cap. It is adjusted upward for LTBE bonuses that were not earned in the previous year but were counted against that year's cap." - Wikipedia

Salary cap - Wikipedia, the free encyclopedia

I think I'm more confused now than I was before I read that.


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