Even Payton Manning Understands

AsylumGuido · 03-05-2015, 10:34 AM

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

Rsanders24 · 03-05-2015, 11:06 AM

Originally Posted by AsylumGuido

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

You have a link for those numbers you posted for the bonus?

AsylumGuido · 03-05-2015, 11:24 AM

Peyton Manning's New Contract Details

Here you go. Never take what you read about contracts at face value.

spkb25 · 03-05-2015, 12:43 PM

Originally Posted by AsylumGuido

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

dude, r u an attorney?

AsylumGuido · 03-05-2015, 03:28 PM

Originally Posted by spkb25

dude, r u an attorney?

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

spkb25 · 03-05-2015, 05:06 PM

Originally Posted by AsylumGuido

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

you always find out the details so I was thinking attorney, but that makes sense

AsylumGuido · 03-05-2015, 05:14 PM

Originally Posted by spkb25

you always find out the details so I was thinking attorney, but that makes sense

LOL. Lawyers usually get analysts like me to do their digging (dirty work) and get all the glory. I have worked for the past 18 years as a systems/business analyst.

SloMotion · 03-06-2015, 05:45 AM

Originally Posted by spkb25

you always find out the details so I was thinking attorney, but that makes sense

Or ...

hagan714 · 03-05-2015, 05:54 PM

Originally Posted by AsylumGuido

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

that is all i ask him to do. juggle the books a bit. but given the whole sale player sale going on we might want to entertain offers just incase we get takers or get cut happy

03-05-2015, 10:34 AM	#1
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Even Payton Manning Understands Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. lumm0x, jnormand, hagan714 and 6 others like this.
	Last edited by AsylumGuido; 03-05-2015 at 10:36 AM..

03-05-2015, 11:06 AM	#2
Rsanders24 1000 Posts + Join Date: Jan 2005 Location: Baton Rouge, LA. Posts: 1,493	Re: Even Payton Manning Understands Originally Posted by AsylumGuido Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. You have a link for those numbers you posted for the bonus?

03-05-2015, 11:24 AM	#3
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Even Payton Manning Understands Peyton Manning's New Contract Details Here you go. Never take what you read about contracts at face value. Danno, spkb25, B_Dub_Saint and 2 others like this.

03-05-2015, 12:43 PM	#4
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,138	Re: Even Payton Manning Understands Originally Posted by AsylumGuido Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. dude, r u an attorney?

03-05-2015, 03:28 PM	#5
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Even Payton Manning Understands Originally Posted by spkb25 dude, r u an attorney? No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. hagan714 and Rugby Saint II like this.

03-05-2015, 05:06 PM	#6
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,138	Re: Even Payton Manning Understands Originally Posted by AsylumGuido No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. you always find out the details so I was thinking attorney, but that makes sense

03-05-2015, 05:14 PM	#7
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Even Payton Manning Understands Originally Posted by spkb25 you always find out the details so I was thinking attorney, but that makes sense LOL. Lawyers usually get analysts like me to do their digging (dirty work) and get all the glory. I have worked for the past 18 years as a systems/business analyst. spkb25, hagan714 and Rugby Saint II like this.

03-06-2015, 05:45 AM	#8
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Even Payton Manning Understands Originally Posted by spkb25 you always find out the details so I was thinking attorney, but that makes sense Or ... Rugby Saint II likes this.

03-05-2015, 05:54 PM	#9
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	Re: Even Payton Manning Understands Originally Posted by AsylumGuido No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. that is all i ask him to do. juggle the books a bit. but given the whole sale player sale going on we might want to entertain offers just incase we get takers or get cut happy

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