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Kurb

Chris Gamble to Retire

129 posts in this topic

He'll be back when he runs out of money.

You're a real winner.

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No.

Cut = retire. Same as far as cap hit.

Wrong again it accelerates the cap hit all the same from signing bonus, however he is still going to have DEAD money on all the remaining years of the contract that would not have counted had he retired.

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I looked this up (talked with others) and this is incorrect.

Dead money would be the same either way.

I realized this it is due to the accelerated signing bonus, however had he retired instead of being cut we wouldn't have been on the hook for the portion of his guaranteed salary over the remainder of the contract.

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Superman, go sit on your thumb. kthx

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Superman, go sit on your thumb. kthx

More brilliant commentary by chknshit.

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What was the name of that retard from the Colts we signed in 2004? We gave him a decent sized contract then he retired in training camp and we were still on the hook for his signing bonus.

Good luck, Christopher.

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fug Adam Meadows. Stupid asshole, I hope he's dead.

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Wrong again it accelerates the cap hit all the same from signing bonus, however he is still going to have DEAD money on all the remaining years of the contract that would not have counted had he retired.

No.

Question 1.12

What happens if a player is traded or retires?

Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).

In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.

http://www.askthecom...aryCap/faq.aspx

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Thanks for everything, Chris.

tumblr_lx6tszI4KT1r9x0sdo1_500.gif

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No.

Question 1.12

What happens if a player is traded or retires?

Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).

In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.

http://www.askthecom...aryCap/faq.aspx

I'm pretty sure that's exactly what I said in the post you quoted.

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