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Gross restructured


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#1 YoungPanthers89

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Posted 27 March 2013 - 11:14 AM

@SteveReedAP
BREAKING: Panthers OT Jordan Gross has agreed to a restructured contract. Base salary reduced from $8.7M to $1M in '13, $6.7M to $1M in '14.



@SteveReedAP4m
I'm not sure at this point if years were added on to the contract, but that would make sense. Hope to know more soon.


That'll help.

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#2 jtnc

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Posted 27 March 2013 - 11:15 AM

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We're back in business

#3 ARSEN

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Posted 27 March 2013 - 11:16 AM

Damn! $8m in cap room!

#4 jamos14

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Posted 27 March 2013 - 11:17 AM

I wouldn't even consider that "re-structure". He just took a massive pay cut. This is great. WE HAVE CAP ROOM!!!

#5 TheRumGone

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Posted 27 March 2013 - 11:17 AM

that fuging Gettleman guy, i swear.....

#6 jtnc

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Posted 27 March 2013 - 11:17 AM

Alan Branch please.

#7 dugbug

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Posted 27 March 2013 - 11:17 AM

Oh thank you mr gross

#8 Panthro

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Posted 27 March 2013 - 11:18 AM

Restructures as in took less money or converted base to a bonus? or a combination of both?

#9 csx

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Posted 27 March 2013 - 11:20 AM

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.

#10 Peppers90 NC

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Posted 27 March 2013 - 11:20 AM

so did he just give up $13 million?

#11 Growl

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Posted 27 March 2013 - 11:21 AM

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.

#12 Gucci Mane

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Posted 27 March 2013 - 11:21 AM

Fuggin RIGHT

#13 YoungPanthers89

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Posted 27 March 2013 - 11:21 AM

Yeah I don't think he just voluntary taking 7 million less, its probably converted into a bonus.

#14 panther4life

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Posted 27 March 2013 - 11:21 AM

Restructures as in took less money or converted base to a bonus? or a combination of both?


I'd assume a combo. Wonder if/how long we extended him as well. Can't wait to hear all the details.

#15 panfan32

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Posted 27 March 2013 - 11:22 AM

I bet it was base to bonus with a slight cut in the base overall for it to be that damn big