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Big Money restructures

Captain Morgan

By Captain Morgan,
in Carolina Panthers

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lindseyj14 Newbie

lindseyj14

Posted
Posted

I don't claim to really understand salary cap stuff, but here goes: I think you can rollover unused salary cap space from one season to the next. So that would mean we now get an extra $5.2 million over the standard cap to spend next year on Cam's contract.

Cam is under contract next season for around $14mil (5th year option). When he gets an extension it will start in 2016, not next year.

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MadHatter Rookie

MadHatter

Posted
Posted

Cam is under contract next season for around $14mil (5th year option). When he gets an extension it will start in 2016, not next year.

 

Not necessarily....depends on how the contract extension is written.

 

It can replace the current contract...thus starting immediately.

 

Or, it can be written to begin next year (after the 5th year option).

 

I have seen them both ways.

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PantherHomer Newbie

PantherHomer

Posted
Posted

I do have a basic understanding of this.  Without getting super complicated it goes like this.  He gets salary and bonus/guaranteed money.  Salary money only happens if he is on the roster.  Bonus/guaranteed happens no matter what.  They converted some of next years money into guaranteed money spread out over the remainder of his contract.  That drops CJ's cap # down next year.  

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