|
this is a discussion within the Saints Community Forum; Deuce's contract was through 2012 and the details are as follows: (The figures are from rotoworld.com). 2007: $2.6 mill salary ($1 mill roster bonus + $100,000 workout bonus) 2008: $3.6 mill salary ($1 mill roster bonus + $100,000 workout bonus) ...
|
LinkBack | Thread Tools | Display Modes |
![]() |
#12 |
100th Post
Join Date: Jul 2004
Location: Atlanta, GA
Posts: 449
|
Deuce's contract was through 2012 and the details are as follows: (The figures are from rotoworld.com).
2007: $2.6 mill salary ($1 mill roster bonus + $100,000 workout bonus) 2008: $3.6 mill salary ($1 mill roster bonus + $100,000 workout bonus) 2009: $5.3 mill salary ($100,000 workout bonus) 2010: $6.2 mill salary ($100,000 workout bonus) 2011: $7.1 mill salary ($100,000 workout bonus) 2012: $8.1 mill salary ($100,000 workout bonus) The signing bonus on the deal was $12.5 million. Signing bonuses implications to the salary cap are prorated and divided out by the length of the contract upon signing (7 years was the original length. $12.5/7= about $1.8 mill) So the salary cap hits are as follows: 2007: $2.6 +$1.8+$1 = $5.4 2008: $3.6 +$1.8+$1 = $6.4 2009: $5.3 +$1.8 = $7.1 2010: $6.2 +$1.8 = $8.0 2011: $7.1 +$1.8 = $8.9 2012: $8.1 +$1.8 = $9.9 Cap Hits if cut before salary is due (before 6/1): (The remaining amount of a signing bonus is summed and counted against the cap upon termination of a contract.) 2007: $1.8 X 6 = $10.8 2008: $1.8 X 5 = $9.0 2009: $1.8 X 4 = $7.2 2010: $1.8 X 3 = $5.4 2011: $1.8 X 2 = $3.6 2012: = $1.8 So financially against the cap, it makes almost no sense to cut him loose before 2009. |
![]() |
|
|