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YoungPanthers89

Gross restructured

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To recap the Jordan Gross deal. He's working under what is basically a 1-yr, $5.5M deal. Saves money under cap, but will be FA next year.



To recap the Jordan Gross deal. He's working under what is basically a 1-yr, $5.5M deal. Saves money under cap, but will be FA next year.

— Steve Reed (@SteveReedAP)

March 27, 2013

This is probably Gross' last year in the league, hopefully we'll make it a good one.

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glad it turned out to be be 7mil. if we dont use Dwill as a june 1st cut we should:

1.5mil 1year-NT

1.5mil 1year-RG

4mil-Draft

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If Yasinskas has it right, it's 6.8 million off this year's cap and 4.8 million off next year.

Almost 12 million saved in one fell swoop.

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So which is it? A 3 year contract extension or a reworked 1 year deal? Because if it's just a one year deal it doesn't make sense that he would restructure or even help the team out at all. Then it doesn't make sense from the Panther side because it hurts them more next year then if he would've stayed on his original contract.

Where before cutting him next year would've saved the team around 8 million with a very small cap hit, now he doesn't really save the team anything at all next year and the team has a cap hit close to 6 million.

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There are moves in the works then. Kinda interested in seeing where this goes.

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This is insanely awesome, if i'm comprehending what has been said on this page.

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If Yasinskas has it right, it's 6.8 million off this year's cap and 4.8 million off next year.

Almost 12 million saved in one fell swoop.

I hate to say it, but Yas almost has to be right. Otherwise it's a questionable move for the Panthers.

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Fans wonder why players hold out. NFL contracts offer little security unless money is guaranteed.

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So many numbers being thrown around...I wonder if this causes any outstanding bonuses pre-extension to be amortized over the new contract length.

Yas seems to think otherwise, the 4.9 cap hit he listed comes from the now $1 million base + $1 million signing bonus from previous deal + $2 million option bonus from previous deal + $0.9 million amortized from signing bonus on new deal.

If my math is right...Gross' earnings this season drop from $8.7 million to $5.5 million, certainly commendable. All the while creating $6.8 million (11.7-4.9) in cap space this year.

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