Colston restructures his contract

Danno · 03-01-2013, 09:37 PM

Originally Posted by westbankdaze

Thanks but I'm even more confused. So he does make less money this year but he is promised more the next - as long as he doesn't get hurt? I don't see why if I was a player I would want to restructure. I thought it was all about getting paid now before the possibility of injury?

The guaranteed money he gets right away. Think of it as a salary advance. He gets more money now, but the team can spread the cap hit out.

In the example I showed, he already got a 10 million dollar check for signing the contract.

He now gets another 6.4 million dollar check without playing a down.

Its the same total amount, he just gets more of it right away.

03-01-2013, 09:37 PM	#31
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,747	Re: Colston restructures his contract Originally Posted by westbankdaze Thanks but I'm even more confused. So he does make less money this year but he is promised more the next - as long as he doesn't get hurt? I don't see why if I was a player I would want to restructure. I thought it was all about getting paid now before the possibility of injury? The guaranteed money he gets right away. Think of it as a salary advance. He gets more money now, but the team can spread the cap hit out. In the example I showed, he already got a 10 million dollar check for signing the contract. He now gets another 6.4 million dollar check without playing a down. Its the same total amount, he just gets more of it right away.

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