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Greg Olsen's Deal Restructured


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#1 Dpantherman

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Posted 05 April 2012 - 11:17 AM

By Pat Yasinskas:

The deal was done several weeks ago, but I haven’t seen it reported anywhere. The Panthers have made other moves since Olsen’s restructure and they currently are the only team in the NFL with less than $1 million in salary-cap space.

The Panthers dropped Olsen’s salary-cap figure from $4.125 million to $2.4 million by converting $2.3 million of his scheduled base salary into a signing bonus that will be pro-rated over the life of his contract. The Panthers also converted a $2.5 million option bonus into a signing bonus that also will be pro-rated over the rest of Olsen’s contract.

http://espn.go.com/b...structured-deal

Yet another reason why I'm not worried about the cap. I'd expect plenty of this throughout the offseason.

#2 teeray

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Posted 05 April 2012 - 11:18 AM

This is why I laugh when people get upset about cap room.

So easily manipulated it doesn't really matter.

#3 megadeth078

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Posted 05 April 2012 - 11:20 AM

Now all we need is a Smith extension to create even more room.

So easy to restructure contracts of players that aren't running backs.

#4 csx

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Posted 05 April 2012 - 11:21 AM

Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

#5 KDawg004

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Posted 05 April 2012 - 11:25 AM

Any news if Gross was actually restructured or not? We need to extend Smitty too. Interesting how Yas said it was done several weeks ago. The Panthers org is so tight lipped, I wouldn't doubt if we have a lot more cap room than what is being reported.

#6 Dpantherman

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Posted 05 April 2012 - 11:28 AM

Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

Who said anything about that? We're talking about the cap and nothing else.

#7 megadeth078

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Posted 05 April 2012 - 11:28 AM

Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away


It's better than a franchise that saves up a huge chunk of cap space then spends it all on 2 overrated players.

You can be a fan of the Redskins if you want. Don't be ashamed.

#8 jtnc

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Posted 05 April 2012 - 11:53 AM

The deal was done several weeks ago, but I haven’t seen it reported anywhere. The Panthers have made other moves since Olsen’s restructure and they currently are the only team in the NFL with less than $1 million in salary-cap space.


We restructured his deal and still have the least cap in the NFL?

#9 Brooklyn Bully

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Posted 05 April 2012 - 11:55 AM

Sure, we can manipulate the cap we don't have right now. But if they wouldn't have overpaid in the first place, they wouldn't have to restructure.

#10 Pantherman

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Posted 05 April 2012 - 12:01 PM

Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

This has been going on for ever in the NFL. Nothing new and nothing to worry about.

#11 Pantherman

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Posted 05 April 2012 - 12:02 PM

Sure, we can manipulate the cap we don't have right now. But if they wouldn't have overpaid in the first place, they wouldn't have to restructure.

Well that is also true to. But it happens even to the best of teams. Redskins are a great example of overing paying a player that ain't worth crap. Fat Albert would be his name. :)

#12 Dpantherman

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Posted 05 April 2012 - 12:04 PM

Sure, we can manipulate the cap we don't have right now. But if they wouldn't have overpaid in the first place, they wouldn't have to restructure.

And yet again, no one is denying that. We are talking about worrying about the cap number itself. How it got like that is a different discussion.

You guys just like arguing about Marty Hurney, and im not going to do it.

#13 Gallagher

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Posted 05 April 2012 - 12:07 PM

The Olsen restructure probably allowed us to sign Reggie Smith. Either way, I like it.

#14 Mage

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Posted 05 April 2012 - 12:18 PM

Hurney and co. sure like to keep things quiet.

#15 4Corners

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Posted 05 April 2012 - 12:18 PM

it seems lately that Marty's approach is to sign guys after TC cuts.


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