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Give him a deal that pays him 50 million over 5 years. And, for example, this season he plays for 7.5 million, next season 9 million, the following season 10 million, then 11 million then 12.5 million.

AsylumGuido

Easily. You give a signing bonus of around $24 million on a six year deal worth $56 million with a base salary of $2.5 million the first year. Base salary will be back loaded over the contract term. That would count $6.5 million ($4M prorated bonus plus base) in year one. His franchise tag was $7.3M. That deal would actually free up $800K in the current year cap to make other moves.

44Champs

Cruize

I just hope he finds a way to feed his family for 7+ million a year. Poor fellow.

saintsfan1976

Not this again.....



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B_Dub_Saint

That was great. You should do my taxes bro. I might be a rich man

Im still puzzled how the cap really works and the loop holes to get through them.

QBREES9

Ok, so now it's over. Get a deal done. It will get done.

AsylumGuido

My degree is in accounting, but my wife has always done our taxes. I am a business analyst by trade.

SaintFanInATLHELL

I posted a detailed example of a potential JG contract about 3 weeks ago. You can read it here:

http://blackandgold.com/saints/66411...tml#post597157

The cap really isn't that difficult to understand. Bonuses are divided evenly over the life of the contract. Salary is paid yearly. The cap number is the sum of the bonus part and the salary part. Bonus is guaranteed. Salary is not. The remaining bonus becomes "immediately" due if the player is cut.

So to Guido's example. A $24 million signing bonus over 6 years counts $4 million a year against the cap. With a $24 million check in hand, JG would be happy to take a $1 million salary for the first year. So the cap number is $1+$4 million = $5 million. But JG gets a $24 million check when he signs.

Now the cap number the last 3 years of the contract may be $12/$15/$18 million/year because the salary increases to $8/$11/$14 million/year by the end. But then you can renegotiate, cut another bonus check, and spread out the cap number by extending the contract. Or if the player isn't productive simply cut them and eat the remaining bonus money which at that point is a lot less than the cap number with the inflated salary.

Trust me that both sides are motivated to get a long term deal done by next week. JG wants his big contract and big bonus check now, while the Saints want the cap relief of the long term contract.

That's the reason that it'll get done.

SFIAH

Super Bowl Championships: New Orleans Saints:1, Carolina:0, Atlanta Chokers: STILL ZERO

Only Atlanta choked in an unchokable situation... Life is definitely good.

SaintFanInATLHELL

That is enlightening. I now see why you have your perspective on this situation...

BTW my profession is my moniker "The Professor". College Profs always want to analyze everything. That's why I find it fascinating...

SFIAH