Quote:
Originally Posted by Choon328
No, I'm talking about adding 6 years after the 2013 season b/c Revis will agree to waive those years in order to get a new contract starting in 2014, so the extension is from 2014-2019. So the only difference in his 2013 contract would be the signing bonus that gets spread out from 2013-2019. Even though the signing bonus is for 2014 and beyond, it still gets spread out starting in 2013. So that would be $30 million over 7 years. $4.28 million per year. His 2013 contract does not get touched. He still would have a base salary of $3 million, pro-rated bonus of $3 million from his last contract and $3 million of additional bonuses that he is scheduled to receive in 2013. Then add the $4.28 million portion of his new contracts bonus. So his contract for 2013 would cost $4.28 million more then it is now but with the savings on Cromartie's contract it's a wash.
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He can waive those years, no problem with that. but you still have to account for the 18 mill in SB that he got in 2011 that is allocated 3mill a year. That 3mill for each year to 2016 has to be added. to any new amortization.