I think as soon as this appeal ruling comes down, there will be a contract pulled out the desk drawer for Jimmy to sign within a couple of days. Similar to the Drew deal, which happened absurdly fast after the ruling came down. For all we know, Loomis and Graham's agent may even have agreed to the outlines of TWO contracts, ready to go, in the desk drawer, just waiting for which ever way the arbitrator rules.

I agree' I think the arbitration is just a stunt by the PA, and that JG gets $10 mill and we move forward.
The problem now is that we are only 1.5 mill under the cap. The contract needs to be a Loomis special with a high back end

A short Caponomics lesson:

1. The $7 million franchise tag value is currently a part of the cap. Once the long term deal is signed, that money is released.

2. Long term deals are structured with the signing bonus spread over the life of the contract. So a $15 million signing bonus over 6 years for example would count $2.5 million against the cap each year.

3. The $10 million is the average salary over the life of the contract. Typically because of the signing bonus, the salaries for the first year or two are low. So a $1.5 million salary and a $3 million salary in 2014 and 2015 respectively would not be unreasonable. With the signing bonus that would be a shade less than $20 million in the first 2 years, matching the average.

Couple it all together and JG may count less than $5 million against the cap for 2014. So in fact signing a long term deal will likely open up some cap space.

SFIAH