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

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http://blogs.charlotte.com/panthers/2014/02/thomas-davis-restructures-deal-salary-cap-panthers-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.

 

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And so it begins.

Thank you DG and TD.

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Probably hear more news like this in upcoming days.

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

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Thank you based Davis
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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.

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

 

not when he retires

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Nice! 

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

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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?

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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.

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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!
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