Colston restructures his contract

FinSaint · 02-28-2013, 02:00 PM

Originally Posted by westbankdaze

What this all tells me is that we have no idea of the personal relationships between the GM and the players. Looms obviously has a nose for which players are willing to restructure.

Can't wait for next season. The off season soap opera is too much for me.

Every single player wants a restructure, because when base salary is turned into a prorated signing bonus - the player immediately gets that bonus on his bank account.

They're not getting pay cuts, but a big part of their future salary is being paid to them right now instead of waiting for it and possibly never getting all of it, since not all base salary is guaranteed.

AsylumGuido · 02-28-2013, 03:18 PM

Originally Posted by FinSaint

Every single player wants a restructure, because when base salary is turned into a prorated signing bonus - the player immediately gets that bonus on his bank account.

They're not getting pay cuts, but a big part of their future salary is being paid to them right now instead of waiting for it and possibly never getting all of it, since not all base salary is guaranteed.

Exactly. Restructuring is always a good thing for the player. The front office would rather avoid it and if necessary only do it with players that they expect to be around for the life of the contract because if the player is cut the cap is hit with the entire prorated amount at one time.

02-28-2013, 02:00 PM	#1
FinSaint Site Donor 2015 Join Date: Aug 2011 Location: Finland... formerly Southern Virginia Posts: 4,964	Re: Colston restructures his contract Originally Posted by westbankdaze What this all tells me is that we have no idea of the personal relationships between the GM and the players. Looms obviously has a nose for which players are willing to restructure. Can't wait for next season. The off season soap opera is too much for me. Every single player wants a restructure, because when base salary is turned into a prorated signing bonus - the player immediately gets that bonus on his bank account. They're not getting pay cuts, but a big part of their future salary is being paid to them right now instead of waiting for it and possibly never getting all of it, since not all base salary is guaranteed. AsylumGuido likes this.

02-28-2013, 03:18 PM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,766	Re: Colston restructures his contract Originally Posted by FinSaint Every single player wants a restructure, because when base salary is turned into a prorated signing bonus - the player immediately gets that bonus on his bank account. They're not getting pay cuts, but a big part of their future salary is being paid to them right now instead of waiting for it and possibly never getting all of it, since not all base salary is guaranteed. Exactly. Restructuring is always a good thing for the player. The front office would rather avoid it and if necessary only do it with players that they expect to be around for the life of the contract because if the player is cut the cap is hit with the entire prorated amount at one time. bobdog86 likes this.

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