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electricbluecats

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  1. Simplest way to look at the trade is we save $3m compared to the cost of cutting him and pick up a 6th round pick. Breer just added that the restructure kept his base salary at $1.5m, so Broncos get him at $4.5m this season with $3m guaranteed. Since the alternative was him being released, Teddy got that extra $1.5m in base salary as the incentive to agree to the restructure and facilitate the trade.
  2. Yeah basically any situation where we let the contract void accelerates the $4m to 2022, while any extension reached before the void date leaves the $1m for each of the next 4 years.
  3. Small thing (I had to look this up for my own clarity), but the $1m hit for 2023-2025 seasons does get accelerated into 2022 once the contract voids so the current situation is: 2021: ~$2m 2022: ~$4m (+$2m in incentives, potentially) And like you laid out, a potential extension would change how that money is allocated.
  4. Deshaun's cap hit for this season would only have been $10.4m after a trade, which moving Teddy alone would have more than covered. I don't see any reason to think any of this is/was tied to a specific player acquisition. It's just the reality of having a down cap this year where flexibility is more important than ever. Having the ability to react when other teams inevitably can't afford certain players is a very valuable asset.
  5. I think it just shows we are willing and able to spend a good bit more in free agency if the opportunity arises. It gives increased flexibility in a tough year and worst case you can roll forward the cap hit you don't use this year. It especially makes sense in the case of Reddick and Paradis. There's no downside to voidable years when you're already working with a fully-guaranteed 1-year deal, or a restructure of the final year in the case of Paradis. You know you're taking that full hit regardless, might as well open up flexibility for the current year and defer some hit to the next sea
  6. It's a 1-year deal. Those voidable years do not mean "we have him under contract" if he plays well, it's all paper years that automatically go away after this year is over. You are allowed to pro-rate signing bonus money up to 5 years, so purely for cap flexibility purposes, they tack on the voidable years to push 4/5 of the singing bonus amount beyond this year. So we have a cap hit on a 1-year deal of $1.992m ($990k vet min base salary + $1.002m of prorated signing bonus) while he still gets his full $6m in cash. The voidable years let us defer the rest of the $4.008m in signing bonus a
  7. Oh are you looking at the potential out on Spotrac? That doesn't mean anything in terms of a contract automatically voiding or the team having a deadline to make a decision before the league year starts. Spotrac just adds that in as a visual for no more base salary guarantees for a contract and it's much cheaper to move on. But yeah either way that third year of his deal is definitely not getting played out.
  8. Looks like Miller and Melvin are the main signings not included yet, so that may be another $4-5m or so. Add in $13m for the draft picks/in-season moves and that leaves around $8m of space. But it wouldn't be hard to clear up another $20m or so in space for next year. Trading Teddy alone is $13m more of space and getting extensions for Moton and maybe Robby would knock a few million off each of those 2021 cap hits.
  9. Right on. Way too much revisionist history going on with some people here...it's not hard to understand the process of making the move while also agreeing the results didn't work out. Where do you see the voidable year though? The third year of the contract isn't voidable, but like you were saying we can get out of it with minimal ($5m) penalty, so this could always be a 2-year contract if we wanted it to be. Didn't want other people seeing "voidable year" and trying to make the contract out to be worse than it really is since it's become such a buzz phrase this year.
  10. Teddy has to be at the top... Donte is probably the only person on that list that would actually return a pick though. I'm not a big Donte fan, but (as always) our corner situation is pretty bad so doesn't really help to move on. And Shaq can't realistically be traded after that restructure, he'll be here for 2021.
  11. I was definitely all-in before, but you can't touch him now and there's no way this gets cleared up before the draft. Time to move on.
  12. Oh I'm not forgetting. I was advocating for that as a trade benefit before the restructures. The point is that ship has sailed for 2021, unless you think the team is really about to carry $43m of additional dead cap charge for moving those two.
  13. Seeing some people still listing CMC or Shaq as potential trade pieces this year, and to be clear yesterday's restructures made it 100% certain they will be on the roster for next season. All of the salary converted to signing bonus became guaranteed yesterday, meaning it would have to be added on top of the already large potential dead cap charges resulting from a cut or trade.
  14. It's shifting non-guaranteed money to signing bonus, which means more dead money. This accelerates the actual cash paid for the current year, but it's the cap hit that matters and this move spreads the newly-converted $9m bonus amount out over the remaining life of the contract. So it's a much lower cap hit this year, but it increases the cap hit for every future year of the contract. This increase is reflected in the signing bonus portion of the future cap hits, which is your dead money amount if/when you do trade or cut the player. So it's all a timing difference. Any amount of money y
  15. I agree in general, that thought process isn't wrong and was definitely the case before the restructure. Today's move made it $9m more expensive to cut or trade so the team has decided not to go in that direction.
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