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Old 01-26-2013, 09:57 AM   #19
Long Suffering Jets Fan
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Join Date: Feb 2006
Posts: 706
Quote:
Originally Posted by Dimitri_0515 View Post
What a fukcing mess Tannenbaum has gotten ourselves into.

10 year $100 mil, $50 mil guaranteed.

Fair no?
10 years $100M would be easy. $5M per year in salary and $5M per year in bonus (assuming straight line payout) That's a $10M cap hit per year based on my understanding.

However Mario's contract was $96M over 6 years. Let's assume the same 6 years, $100M and $50M guaranteed apply.

That would be $8.33M per year of base salary and $8.33 per year for the bonus, or $16.66M per year against the cap.

The negotiation hasn't begun yet so this is a high water mark, though I think what will mainly be negotiated is the guaranteed $$$ not the $100M. Also depending how the salary is paid out that could determine the impact on our cap. If they just pay him the bonus next year then the cap hit would be $8.33M.

Next year we'll be able to clear out Sanchez contract ($8.5M savings), Cromartie's ($9.5M) and Holmes ($8.35M), Bart Scott ($8M if he's still here), Harris ($5M), Pouha ($5.5M if he's still here).

Not sure if this is correct, but I'm not going to react to I understand the actual impact.
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