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Gross restructured

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[img]http://gifninja.com/animatedgifs/421364/he-bitch-dance-1.gif[/img]

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Gettleman lawing down the law and getting it done right!

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Gettleman is getting poo done in a poo situation

Hats off. Now time for a perfect draft

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Seriously. That's one hell of a pay cut. The paa-hts are in motion.
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[img]http://cdn.uproxx.com/wp-content/uploads/2013/03/cosplay-he-man-whatsgoingon-2.gif[/img][/spoiler]
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Reed said his base salary was reduced to those figures not his cap hit. Most all his cap space was salary with little signing bonus. They likely added 1 or 2 years to the contract and converted salary to signing bonus. That will reduce his cap hit by several million but potentially create dead cap space on the back end. We did not save all that money and he didn't just take a huge cut. Get real people.

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[img]http://24.media.tumblr.com/tumblr_lvdp84JHjx1r4ghkoo1_250.gif[/img]

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Sweet Baby Jesus Lets Sign Derrelle Revis

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How much cap room do we have in total now?

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[quote name='Panthro' timestamp='1364401091' post='2177805']
Restructures as in took less money or converted base to a bonus? or a combination of both?
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[quote name='csx' timestamp='1364401214' post='2177811']
Base salary reduced, but no mention of if or how much was converted to bonus. There is no way he simply agreed to 1/8 the salary this season.
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[quote name='Growl' timestamp='1364401285' post='2177813']
On the surface that looks like a pretty sizable pay cut. Thank you indeed Mr. Gross.


I'll wait to see how it all comes out before I get too excited though.
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[quote name='YoungPanthers89' timestamp='1364401308' post='2177816']
Yeah I don't think he just voluntary taking 7 million less, its probably converted into a bonus.
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[quote name='panthers55' timestamp='1364401902' post='2177843']
Reed said his base salary was reduced to those figures not his cap hit. Most all his cap space was salary with little signing bonus. They likely added 1 or 2 years to the contract and converted salary to signing bonus. That will reduce his cap hit by several million but potentially create dead cap space on the back end. We did not save all that money and he didn't just take a huge cut. Get real people.
[/quote]

These guys get it, pay attention to them.

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[quote name='PantherKyle' timestamp='1364401984' post='2177846']
How much cap room do we have in total now?
[/quote]
It depends on how much was converted to bonus.

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[quote name='csx' timestamp='1364401214' post='2177811']
Base salary reduced, but no mention of if or how much was converted to bonus. There is no way he simply agreed to 1/8 the salary this season.
[/quote]
does not matter we have cap money Now.. does not matter how much Jerry has to pay under the table...

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[quote name='Cam2Ligit2Quit' timestamp='1364402112' post='2177851']

does not matter we have cap money Now.. does not matter how much Jerry has to pay under the table...
[/quote]
Yes, it does. There is no such thing as under the table.

It will help, yes.

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