Jump to content
  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

REPORT: Charles Johnson, take pay cut or be cut


TheSpecialJuan

Recommended Posts

An $8.5 million piece of the Panthers’ puzzle at defensive end played out Thursday when Jared Allen announced his retirement in epic, cowboy fashion.

The Panthers were not going to bring Allen and his non-guaranteed salary back, but his decision kept the front office from having to cut a future Hall-of-Famer who brought professionalism and a play-hurt mentality to the locker room during his four-plus months in Charlotte.

 

The conversations with veteran defensive end Charles Johnson figure to be a little tougher.

Johnson, 29, is entering the final year of the six-year, $76 million contract he signed in 2011. He’s due to make $10.75 million this year with a salary cap charge of $15 million – too rich for an aging player who finished with two sacks during an injury-plagued 2015.

Team sources say Johnson will have to agree to restructure his contract and take less money or risk being cut, which would create $11 million in cap space for the Panthers.

 

Carolina could do a lot with the nearly $20 million in combined cap room created by shedding the Allen and Johnson contracts, beginning with a franchise tag for cornerback Josh Norman estimated to cost $13.7 million.

 

 

 

Link to comment
Share on other sites

13 minutes ago, pantherj said:

Wow this could be it for CJ. If I were him I'd refuse to take the pay cut, be cut, and then retire. He has more money than he will ever spend, and why suffer through another season of football for a lot less money that you don't even need.

Wanna bet?

Link to comment
Share on other sites

45 minutes ago, csx said:

This was inevitable but they will still have to pay for replacements and DEs aren't cheap.

True but a cap hit of $15 million is ridiculous. Even if, let's say, we were to add 2 years to his deal, we only drop cap hit to 11 to 10 million. Still too damn much. We cut him and we save $11 million. It's an easy decision.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • Congratulations do they know who the father is?
    • In my opinion Fitterer was probably right about not paying McCaffrey. Now not wanting to "pay RBs" in my opinion isn't something you want to set in stone, to me it all comes down to the individual.
    • Maybe I'm just not understanding, but everywhere that I have read says that signing bonuses go against the cap prorated by as much as five years. The following example uses Andrew Luck's rookie contract as an example. "Take Andrew Luck, the first overall pick in the 2012 NFL draft. Luck signed a four-year contract with the Colts worth $22.1 million and included a $14.5 million signing bonus. Rather than a $14.5 million cap hit in 2012, the Colts spread out his signing bonus over the life of his contract. The hit against the cap would be $3.625 million per year over four years instead of a direct cap hit of $14.5 million directly in 2012. This gave the Colts more leverage and cap flexibility in signing other players." https://www.the33rdteam.com/nfl-signing-bonuses-explained/ I don't know why some of you think that signing bonuses aren't counted against the cap over the length of the contract, but whatever.   "The bonus with a signing is usually the most garish aspect of a rookie contract. Bonus is the immediate cash players receive when they ink a deal. It factors into the cap, but only for the whole contract duration, in terms of salary cap calculations. In the case of Bryce Young’s $24.6 million signing bonus, that’s prorated to approximately $6.15 million per season over a four-year deal. This format allows teams to handle the cap and provides rookies with some short-term fiscal stability, which is important given the high injury risk in this league." https://collegefootballnetwork.com/how-rookie-contracts-work-in-the-nfl/ I understand how signing bonuses can be a useful tool in order to manage the cap, and as one of the article suggests, signing bonuses may become important if you have a tight cap, but the bill is always going to come due. I'm not necessarily referring to you Tuka, but it seems to me that others simply don't want to understand that fact which is why they're reacting to what I'm saying negatively. How odd. In any event, I have a better general understanding of why signing bonuses are used now, and it's generally to fit salaries under the cap. Surely players, whether they be rookies or not, love a signing bonus because they get a good portion of their money up front. This in turn gives them more security and probably amounts to tax benefits as well. I also understand why teams would not want to use signing bonuses, particularly for players or draftees who have a higher probability of being gone before a contract even ends.
×
×
  • Create New...