Originally Posted by patman
Choon, walk me thru this.
Revis is already signed thru 2016 with a 3mill proration to the cap every year
these numbers are per jason's cap page That is why even if he opts out after the 2013 season you still have to account for 9 mill in cap charges as
he already received the 18mill bonus in 2011.
year Salary Cap Number Dead Money if Cut Cap Savings if Cut
2012 $11,503,616 $22,003,616 ($10,500,000)
2013 $9,000,000 $12,000,000 ( $3,000,000)
2014 $6,000,000 $9,000,000 ($3,000,000)
2015 $6,000,000 $6,000,000 $0
2016 $6,000,000 $3,000,000 $3,000,000
Are you now talking about adding 6 more years to 2012? I don't think so.
So with my understanding of how the cap works. I understand you want to extend him in 2013-14-15-16-17 and 18. you propose to do this by giving him a 30 mill bonus over those 6 years. That will require the jets to amoritize that 30mill in 6 installments of 5mill for each of the 2013-2018 years. that means even before his salary is added he has a cap charge of 8 mill for years 2013-2016 (5mill new amortization and 3mill old amortization) then you need to add the salaries for each year to arrive at the cap charge for that year..