View Single Post
Old 11-13-2012, 06:02 PM   #58
crasherino
Board Moderator
Jets Insider VIP
 
Join Date: Jul 2003
Location: NYC
Posts: 16,826
Quote:
Originally Posted by patman View Post
he is guaranteed 8.5 next year, The jets are also responsible for 8 mill total of un-amortized bonus for those two years. That money will hit the cap even if Sanchez does get hit by a falling piano.

Sorry I was confused with the cap hit over the next two years with his salary.

Now if we suspend reality for a min we can look at a possible trade that does not cost Sanchez any of his guaranteed money and save the jets cap space.

The 8.5 salarY is converted to a 2013 guaranteed roster bonus paid on day 10 of the league year but is full guaranteed if he is traded. The jets trade Sanchez to the Kalamazoo Short Buses for a fifth rd pick on the first day of the league year. The 8 mill of un-amoritzed bonus hits the jets 2013 cap, but since his existing cap hit is 12.8 mil the jets save almost 5 mill from the 2013 cap

Saves the jets cap space but the new team is paying Sanchez 8.5 mill plus his min salary for next year. Now if Rex has pictures of that other GM playing with his wife feet???
It was an $8 million SB, 2 of which was allocated to the 2012 year. So, now we are dealing with $6 million of an unamortized SB. If the Jets agree to eat $3 million of the $8.5 million guaranteed salary, the Jets now have $9 million in dead money that they can spread over 2013 and 2014 - $4.5 million each. Is that palatable for them? I dunno....perhaps.

On the flip side, Sanchez is effectively on a 1 yr/$5.5 million deal as he is cuttable after 2013. That's obviously high for a backup, but at least a team is getting a QB who has been to the playoffs and, more than anything else, could use a change of scenery. Does that warrant a team to take a gamble on a slightly longer contract to buy some security? Probably not, but its a possibility.

Bottom line, I don't think he gets traded, but its not out of the realm of possibility. Having that much dead money hurts for sure, but with sanchez, its not just about money. If they can find a viable alternative, they may simply want/need him off the team.
crasherino is offline   Reply With Quote