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Thomas Davis restructures to create $3.25M in new cap space


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#1 PantherFeez

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Posted 24 February 2014 - 02:41 PM

http://blogs.charlot...nthers-nfl.html

 

 

Under the terms of the restructured contract, Davis received a $5 million bonus for signing the $16.5 million contract -- a figure that includes $1 million salaries for each of the three voidable seasons from 2016-2018.


Davis' base salary this year decreases from $2.75 million to the veteran's minimum of $950,000. Davis' cap number dips from $6.82 million to $3.57 million for a savings of $3.25 million.
 

Davis' base jumps to $7.5 million in 2014, with a cap figure of $10 million.

 



#2 Jackofalltrades

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Posted 24 February 2014 - 02:42 PM

And so it begins.

Thank you DG and TD.

#3 Mr. Scot

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Posted 24 February 2014 - 02:42 PM

Probably hear more news like this in upcoming days.

#4 joemac

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Posted 24 February 2014 - 02:45 PM

Yeah but next year he counts 10 mil towards the cap. Is that really any better?

#5 Frash Brastard

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Posted 24 February 2014 - 02:45 PM

Thank you based Davis

#6 TheRed

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Posted 24 February 2014 - 02:46 PM

The first of several I would imagine.

 

I like the short term benefits, and getting more cap space obviously, but the next few years are only looking worse right now.



#7 chknwing

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Posted 24 February 2014 - 02:47 PM

Yeah but next year he counts 10 mil towards the cap. Is that really any better?

 

not when he retires



#8 bonafidebanter

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Posted 24 February 2014 - 02:47 PM

Nice! 



#9 CarolinaNCSU

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Posted 24 February 2014 - 02:51 PM

Yikes to that 10 million cap hit...but hey, it's TD. 



#10 csx

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Posted 24 February 2014 - 02:57 PM

Davis' base salary this year decreases from $2.75 million to the veteran's minimum of $950,000. Davis' cap number dips from $6.82 million to $3.57 million for a savings of $3.25 million.
 

Davis' base jumps to $7.5 million in 2014, with a cap figure of $10 million.

 

Is that supposed to say 2015?



#11 rodeo

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Posted 24 February 2014 - 02:58 PM

Should put the money he saved us toward his statue at the stadium. He is the embodiment of the Panthers and I'll be rather upset if he doesn't get one.



#12 jptaylor84

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Posted 24 February 2014 - 03:01 PM

Yeah but next year he counts 10 mil towards the cap. Is that really any better?


Won't be so hard to take with one or both RBs off the books!

#13 DeAngelo's #1 Fan(CRA)

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Posted 24 February 2014 - 03:01 PM

Yikes to that 10 million cap hit...but hey, it's TD. 

Hurney magic



#14 Frash Brastard

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Posted 24 February 2014 - 03:02 PM

I just want everybody to know I was very vocal in saying I didn't want Davis to return from 3 consecutive acl tears because I didn't think he would come back the way he did but I'm so glad to have been wrong on that one

#15 KissMyConverse

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Posted 24 February 2014 - 03:09 PM

Most interesting thing to me about that article is the fact they point yet again to Kalil and Johnson are in the middle of restructures. They are the obvious ones, I wonder who else might.




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