Charles Godfrey Takes Large PAYCUT

[bleys]

so if we cut Godfrey, we would save about 5.5mil and have ~3.7 in dead money (from what I remember) next year..  However, if we saved that 5.5 it would roll over and cancel out the 3.7..  still giving us an extra 1.5 or whatever is left over..

 

now, if his knee is healthy, we at least keep a guy who knows the defense, saved the 5mil that can still roll over and leave us from receiving any dead money when he is cut next year..

 

this sounds correct?

[Dex]

Why doesn't OP have more fuging pie???

[Cary Kollins]

and Gettlemagic

 

 

 

 

thanks Godfrey!

[rscott94]

Trying to get Kraken signed? or are we saving this for Cam/Luke?

 

Thoughts?

[4Corners]

Dollar Tree Dave strikes again. I love this move though. 

[TheRed]

Trying to get Kraken signed? or are we saving this for Cam/Luke?

 

Thoughts?

 

Probably extra breathing room with the draft around the corner more than anything.

[mario]

Restructure is not the same as an outright pay cut. Players do not lose money, they get more of it upfront.

 

Restructure = "Take less base salary but here is a signing bonus that equals to the money you're giving up"

 

Paycut = "Take less money (and maybe you can take back 40% of it if you perform)"

 

This is a paycut. Ain't that difficult to figure out people.

 

[CarolinaNCSU]

If this is a pay cut (seems to be), awesome and thanks to Godfrey. 

 

 

Gives us a little space to sign guys after a wave of cuts in the Summer perhaps. Or, just roll it over to next season. 

[TheRed]

Restructure = "Take less base salary but here is a signing bonus that equals to the money you're giving up"

 

Paycut = "Take less money (and maybe you can take back 40% of it if you perform)"

 

This is a paycut. Ain't that difficult to figure out people.

 

 

Well if you would take a few seconds to read the replies you would realize there was confusion with the initial post by the OP. It was edited.

[jamos14]

I think this has a lot to do with G-man liking Godfrey's versatility and being a veteran.  Could very easily see him playing CB and Nickel this year.  

 

Below from a CBS Sports Draft preview of Godfrey:

 

 

An unheralded player with the versatility to play any position in the secondary, Charles Godfrey emerged as one of the few bright spots on the Hawkeyes' defense in 2007.

Facing some of the best receivers in the country, his main pass coverage assignments accounted for just 15 receptions for 117 yards (7.8-yard average) and no touchdowns during his final season at Iowa.

Godfrey flew under the radar for most of his college career, but the Iowa coaching staff regarded him as a vital cog in the Hawkeyes' defensive scheme. He began playing for the Hawkeyes as a reserve free safety, shifting to strong safety as a sophomore. With the departure of the entire Iowa secondary after the 2005 campaign, Godfrey shifted to right cornerback as a junior, starting at that position during his final two seasons.

 

He is too aggressive at the corner position and the result has been a high amount of interference calls. He has excellent timed speed, but with stiff hips and a marginal backpedal, it is negated by the false steps and poor turning agility he shows in transition. Move him inside, where he can play downhill, and you get better value.

 

 

 

 

http://www.cbssports.com/nfl/draft/players/historical/502618

[Peppers90 NC]

Great move by G-man.

 

Now, what do we do with the money? 

 

either someone solid will get cut and we can sign, or perhaps we carry it over again to next year.

[rayzor]

I'd like to see what this means future cap hits..

this.

restructuring is a band aid that usually comes back to bite us in the ass.

where was that money shifted and how much did it cost us in potential dead money?

nvm....saw the edit.

[therealmjl]

Holy Hell

[Cary Kollins]

breathing room for the draft picks as well as having dough to lure vets that will be cut this summer