Jump to content


Photo
- - - - -

Kalil Restructures: saves 2.2 mil


  • Please log in to reply
84 replies to this topic

#1 firstdayfan

firstdayfan

    Senior Member

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,596 posts
  • LocationColumbia, SC

Posted 15 February 2013 - 10:46 AM

According to Yas...

http://espn.go.com/b...kalils-contract


"Kalil was given a $5 million signing bonus, but his base salary was dropped from $4.75 million to $750,000. His cap figured dropped from $8.6 million to $6.4 million."

#2 beach

beach

    |~~~~|

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,898 posts

Posted 15 February 2013 - 10:47 AM

yipee

gettlemania

*edit for the quick photoshop:

Attached File  gettlemania copy.jpg   93.33K   19 downloads

#3 AggieLean.

AggieLean.

    SENIOR HUDDLER

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 3,221 posts
  • LocationChattanooga, TN via Winston-Salem, NC

Posted 15 February 2013 - 10:47 AM

There we go. Kalil doing his part to help the cap situation.

#4 Goondal

Goondal

    SENIOR HUDDLER

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 2,823 posts
  • LocationHighlands Ranch, CO

Posted 15 February 2013 - 10:49 AM

Very good to see. What is our number over the cap now?

#5 BigSyke

BigSyke

    I Know you Watching me but I'm watching you too Playa...

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 2,131 posts
  • LocationFLORIDA

Posted 15 February 2013 - 10:50 AM

:startle: :phew:

#6 beach

beach

    |~~~~|

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,898 posts

Posted 15 February 2013 - 10:50 AM

Very good to see. What is our number over the cap now?


Well according to Yas it's around 11 mill right now

Cutting Gamble will free a good deal of that.

#7 firstdayfan

firstdayfan

    Senior Member

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,596 posts
  • LocationColumbia, SC

Posted 15 February 2013 - 10:51 AM

Very good to see. What is our number over the cap now?



Yas says that we have 131 million committed...cap is expecting to be a little over 120 million.

But remember, cutting Gamble will save us a ton.

#8 IamSoClutch

IamSoClutch

    CaptainCam

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,725 posts
  • LocationKinston, NC

Posted 15 February 2013 - 10:53 AM

its a start, keep it coming


#9 beach

beach

    |~~~~|

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 8,898 posts

Posted 15 February 2013 - 10:54 AM

As of now, if we cut Gamble, Ron, Hang'man, and Gary Williams, we should be under without even doing anything with our RBs, LBs, or Gross.

#10 Kurb

Kurb

    I hit it.

  • Administrators
  • 13,448 posts
  • LocationILM

Posted 15 February 2013 - 11:00 AM

Understand this moves Cap troubles backwards.
They turn Salary into bonus cash. Basically if you restructure you are getting paid up front. At least thats how it happens often.

They can also turn contracts into incentive based where salary is paid off of playtime triggers and what not-> Thomas Davis's last deal and the restructure had lots of this.

#11 IamSoClutch

IamSoClutch

    CaptainCam

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,725 posts
  • LocationKinston, NC

Posted 15 February 2013 - 11:00 AM

i hope gross is next in line

#12 Kurb

Kurb

    I hit it.

  • Administrators
  • 13,448 posts
  • LocationILM

Posted 15 February 2013 - 11:04 AM

i hope gross is next in line



He pretty much has to be, unless we cut him, which sadly would be catastrophic.

#13 firstdayfan

firstdayfan

    Senior Member

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,596 posts
  • LocationColumbia, SC

Posted 15 February 2013 - 11:06 AM

Understand this moves Cap troubles backwards.
They turn Salary into bonus cash. Basically if you restructure you are getting paid up front. At least thats how it happens often.

They can also turn contracts into incentive based where salary is paid off of playtime triggers and what not-> Thomas Davis's last deal and the restructure had lots of this.


That's tough for a GM but hopefully there's a plan in place. I think we've seen Hurney do a lot of the same over the years with no real goal in mind. Just keep pushing money back further and screwing us over in later years. Honestly though, Gettlemen was handed a mess and he has to make some of these tough choices to get out of it.

And I agree with what was said about Gross, if Kalil can restructure then Gross certainly can, and probably will.

#14 Kevin Greene

Kevin Greene

    SENIOR HUDDLER

  • HUDDLER
  • PipPipPipPipPipPipPipPipPip
  • 16,610 posts

Posted 15 February 2013 - 11:07 AM

Nice.

#15 IamSoClutch

IamSoClutch

    CaptainCam

  • HUDDLER
  • PipPipPipPipPipPip
  • 1,725 posts
  • LocationKinston, NC

Posted 15 February 2013 - 11:08 AM

He pretty much has to be, unless we cut him, which sadly would be catastrophic.


i wonder if we pay him most of his base salary too. that could free up alot. when you look at it the cap situation might not be that bad


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

Contact Us: info@carolinahuddle.com - IP Content Design by Joshua Tree / TitansReport.