Jump to content





Photo
* * * * - 1 votes

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


  • Please log in to reply
53 replies to this topic

#1 PantherFeez

PantherFeez

    MEMBER

  • Joined: 13-May 13
  • PipPipPipPip
  • posts: 556
  • Reputation: 419
  • LocationCharlotte NC
HUDDLER

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

Jackofalltrades

    OWN the Line of Scrimmage

  • Joined: 26-November 08
  • posts: 18,724
  • Reputation: 6,738
  • LocationNC
SUPPORTER

Posted 24 February 2014 - 02:42 PM

And so it begins.

Thank you DG and TD.

#3 Mr. Scot

Mr. Scot

    Football Historian

  • Joined: 25-November 08
  • posts: 46,789
  • Reputation: 14,627
  • LocationSC
SUPPORTER

Posted 24 February 2014 - 02:42 PM

Probably hear more news like this in upcoming days.

#4 joemac

joemac

    SENIOR HUDDLER

  • Joined: 25-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 2,348
  • Reputation: 485
HUDDLER

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.exe

frash.exe

    Freddy Frashbear

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 15,030
  • Reputation: 5,614
HUDDLER

Posted 24 February 2014 - 02:45 PM

Thank you based Davis

#6 TheRed

TheRed

    California Dreamin'

  • Joined: 25-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 15,173
  • Reputation: 8,038
  • LocationCharlotte, NC
HUDDLER

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

chknwing

    Senior Member

  • Joined: 04-May 09
  • posts: 8,394
  • Reputation: 6,432
SUPPORTER

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

@bonafidebanter

    MEMBER

  • Joined: 30-October 13
  • PipPipPipPip
  • posts: 523
  • Reputation: 312
  • LocationCharlotte, NC
HUDDLER

Posted 24 February 2014 - 02:47 PM

Nice! 



#9 CarolinaNCSU

CarolinaNCSU

    Senior Member

  • Joined: 12-September 11
  • posts: 5,962
  • Reputation: 2,788
  • LocationRaleigh
SUPPORTER

Posted 24 February 2014 - 02:51 PM

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



#10 csx

csx

    Senior Member

  • Joined: 31-December 09
  • PipPipPipPipPipPipPipPipPip
  • posts: 7,852
  • Reputation: 2,272
HUDDLER

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

rodeo

    Keelah se'lai

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 16,924
  • Reputation: 4,944
HUDDLER

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

jptaylor84

    MEMBER

  • Joined: 17-September 13
  • PipPipPipPip
  • posts: 649
  • Reputation: 220
HUDDLER

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 CRA

CRA

    Senior Member

  • Joined: 25-November 08
  • posts: 27,261
  • Reputation: 5,361
Moderators

Posted 24 February 2014 - 03:01 PM

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

Hurney magic



#14 frash.exe

frash.exe

    Freddy Frashbear

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 15,030
  • Reputation: 5,614
HUDDLER

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

KissMyConverse

    ShoGun of Harlem

  • Joined: 30-September 11
  • PipPipPipPip
  • posts: 599
  • Reputation: 477
  • LocationSacramento
HUDDLER

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.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users