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Gross restructured


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#37 Gallagher

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Posted 27 March 2013 - 11:36 AM

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.


Yeah, but he'll probably retire, get cut, traded or restructure again before those later years that we are pushing his cap hit towards. He is 32 after all.

Check out what someone on twitter said about it: Nick Mensio@NickMensio
All those extra years on Gross' deal in the NFLPA system are just dummy years to bring the 2013 cap hit down, then, it appears. #Panthers

#38 0115

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Posted 27 March 2013 - 11:36 AM

Why so srs? Most of the people here have been waiting for gettlegear get in motion with the contract

#39 CarolinaPanthers8789

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Posted 27 March 2013 - 11:37 AM

It looks like it's just a loop hole in order for the Panthers to address needs this season. Gross will still get his money and the Panthers will still have to address te cap problem, it will just be down the road.

#40 MrBubba

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Posted 27 March 2013 - 11:38 AM

Posted Image

#41 0115

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Posted 27 March 2013 - 11:39 AM

Spoiler


Your image is broken.

#42 PiratePanther189

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Posted 27 March 2013 - 11:39 AM

Wish I could tweet at the guy and thank him or something. Remarkably admirable.

#43 CarolinaPanthers8789

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Posted 27 March 2013 - 11:40 AM

It's a smart move by Gettleman because it might allow the Panthers to compete for the playoffs this year and in turn save Rivera's job being that they could technically afford a semi big name free agent, it would just have to be on a one year contract.

#44 Doc Holiday

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Posted 27 March 2013 - 11:40 AM

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

he didn't take a pay cut, it's probably an combination extension/more signing bonus which means he gets paid more now but the team can spread the cap hit over more years thus lowering his number.

It's basically a win win

#45 BeasonBeastingBacks

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Posted 27 March 2013 - 11:40 AM

looks like we're saving close to 3 mil, on the flip side his deal is voidable next year. OL here we come!

#46 Zod

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Posted 27 March 2013 - 11:41 AM

Gettleman has done more positive cap management in this single offseason than Hurney did the past 4 seasons.

#47 mjligon

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Posted 27 March 2013 - 11:41 AM

Holt poo

#48 Cam2Ligit2Quit

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Posted 27 March 2013 - 11:41 AM

Yes, it does. There is no such thing as under the table.

It will help, yes.

I know there is no such thing as under the table, I was just being sarcastic. if it translate to cap space now and less of a bad impact in the future I'm all for it... the goal is to be competitive and be able to have a quality product on the field.