Hawthorne takes pay cut to stay

|Mitch| · 03-11-2015, 01:31 PM

Originally Posted by Rugby Saint II

I just read that a player can't just agree to take less money unless he his told he will be cut if he doesn't. Can somebody confirm this?

That has to be false; Tom Brady restructured his deal a couple years back taking a lot less money... No way in hell would he have been released regardless what he did with the contract

AsylumGuido · 03-11-2015, 03:31 PM

Originally Posted by |Mitch|

That has to be false; Tom Brady restructured his deal a couple years back taking a lot less money... No way in hell would he have been released regardless what he did with the contract

Nope. That was an extension that simply freed space in the year of the new deal. If I remember corectly, Brady got an additional $25M in the form of a signing bonus and future guarantees. That is a good deal different than what happened with Hawthorne.

In that case the team does cut the player to avoid the roster bonus and renegotiates a new deal, or more precisely, signs the pre-negotiated new deal. The previous contract has to be voided before a new one can take its place. Cutting the player is how this is accomplished.

03-11-2015, 01:31 PM	#1
\|Mitch\| 10000 POST CLUB Join Date: Oct 2009 Location: Alexandria, La Posts: 11,303	Re: Hawthorne takes pay cut to stay Originally Posted by Rugby Saint II I just read that a player can't just agree to take less money unless he his told he will be cut if he doesn't. Can somebody confirm this? That has to be false; Tom Brady restructured his deal a couple years back taking a lot less money... No way in hell would he have been released regardless what he did with the contract

03-11-2015, 03:31 PM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Hawthorne takes pay cut to stay Originally Posted by \|Mitch\| That has to be false; Tom Brady restructured his deal a couple years back taking a lot less money... No way in hell would he have been released regardless what he did with the contract Nope. That was an extension that simply freed space in the year of the new deal. If I remember corectly, Brady got an additional $25M in the form of a signing bonus and future guarantees. That is a good deal different than what happened with Hawthorne. In that case the team does cut the player to avoid the roster bonus and renegotiates a new deal, or more precisely, signs the pre-negotiated new deal. The previous contract has to be voided before a new one can take its place. Cutting the player is how this is accomplished.

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