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Saints Agree To Terms With LB Junior Galette On Three-Year Contract

this is a discussion within the Saints Community Forum; Originally Posted by TheOak If you look at sportrac there is only one line number for dead money when you click on a specific players contract. That number is always in the current year. Dead money disasters | National Football ...

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Old 03-12-2013, 12:58 PM   #28
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Re: Saints Agree To Terms With LB Junior Galette On Three-Year Contract

Originally Posted by TheOak View Post
If you look at sportrac there is only one line number for dead money when you click on a specific players contract. That number is always in the current year.

Dead money disasters | National Football Post

When a player is released or traded, the remaining proration of the salary components that are treated like a signing bonus immediately accelerate into his team’s current salary cap. For example, if a player signs a five-year contract with a $5 million signing bonus, $1 million of his signing bonus counts towards the salary cap for each year of his five-year contract. If he is released after the second year of his contract, the $2 million of signing bonus proration from the last two years of the contract automatically accelerates into the club’s current cap, creating $3 million of dead money.
I'll review more, but it has to do with designating the player as a "June 1st" cut, then you can spread the hit over two years instead of just one.

If we can spread it over 2 years, cutting the 3 amigos (or forcing them to accept much less) is pretty much a no brainer.

The only person who'll have a fit over this is Benson, who will lose about 14 million for nothing.
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