cscmtp Posted November 15, 2004 Share Posted November 15, 2004 let's just say for some reason he does retire at the end of this year, or the year after that. When a player retires, does it free up the team from his contract? Do we get relief from the salary cap? Just wondering.... Link to comment Share on other sites More sharing options...
inmate running the asylum Posted November 15, 2004 Share Posted November 15, 2004 Nope. Doesn't change a thing. Link to comment Share on other sites More sharing options...
panel Posted November 15, 2004 Share Posted November 15, 2004 well, we wouldn't have to pay his salary, as if we cut him, but, he might not be worth his salary. Link to comment Share on other sites More sharing options...
Fifty Gut Posted November 15, 2004 Share Posted November 15, 2004 I thought if he retires there is no cap hit? Link to comment Share on other sites More sharing options...
QBkilla56 Posted November 15, 2004 Share Posted November 15, 2004 Don't we just pay his bonus? Link to comment Share on other sites More sharing options...
cscmtp Posted November 15, 2004 Author Share Posted November 15, 2004 i know if you cut a player, you have to pay him, and the salary cap takes a big hit, but isn't it different if a player choses to retire and walk away??? Link to comment Share on other sites More sharing options...
FlyinO Posted November 15, 2004 Share Posted November 15, 2004 no cap hit Link to comment Share on other sites More sharing options...
hands11 Posted November 15, 2004 Share Posted November 15, 2004 I had already posted about this on another thread. What if he retires. It would actually suck unless we get out of some of the bonus like we did Dion Here is everything you ever wanted to know about the NFL cap. http://www.askthecommish.com/salarycap/faq.asp Question 1.12 What happens if a player is traded or retires? Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above). In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus. ( this is why the Dion thing was sucked so much before we got some bonus back) I did a break down on another post a while back about why Brunell was such a bad pick up. The thread is , We are paying the price ". Basically we are stuck with him for a few years. Average salary over 4 years is 5 mil a year. Here is part of the post from Oct 15th. .... If you cut a player, you have to pay his signing bonus over the next year instead a spreading over the whole term of the contract. Brunell 8.6 Mil singing bonus. Plus Salary $767,000 yr 1 send the Jacksonville Jaguars a third-round draft pick According to sources familiar with negotiations, the contract is essentially a four-year deal. Brunell is scheduled to earn approximately $20 million through 2007 ( do you want Brunell on the roaster that long ? Even if you do. Do we need a 5 Million a year back up QB. If he only last 2 yrs. 1st year 9.4 bonus/7 yrs = 1.3mil prorated bonus+767K sal =2M 2nd Year: 1.3+2.7 salary =4 Mil ( for a back up ? ) then if he is cut 3rd yr dead weight money 9.4-2.6=6.8Mil dead money or if he is waived after June 1st 3rd yr 1.3M 4th yr 5.4 M ( after reading the commish, I think this number is done 50-50 so it would be 3.35 and 3.35M Summary of his contract. Brunell will be paid about $9.4 million this year with $767,000 in base salary on top of his $8.6 signing bonus. He'll get $2 million more in 2005 to boost his two-year total to about $11.4 million, and he'll get $4 million in 2006 and $5.2 million in $2007, making it a four-year deal for about $20.6 million. However, three more years were included for salary cap purposes http://www.atlantafalcons.com/team/006/760/ Unless he is a productive starter, this was a very bad trade. Link to comment Share on other sites More sharing options...
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