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13 million under cap after Norman?

Jmac

By Jmac,
in Carolina Panthers

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Bartin Collaborator

Bartin

Posted
Posted
2 hours ago, KB_fan said:

Question:  What cap implications are there to locking up a contract with Short this offseason?  I've still not really done research to understand how NFL contracts work. 

Given that Short still has one more year under contract, if he were to sign an extension for a pretty major contract (10 mil+ per year) now, is it possible to defer that cap hit until 2017, or does that money need to be available in our cap for this season?

The way it works to sign a guy on a rookie deal with a year left is that it would be an extension. The base salary will stay the same in 2016, but you give them a huge bonus which is prorated over the next 5 years. Short has a $1.5M base so say we gave him a $30M signing bonus then a fifth of that would hit the cap this year for a total cap hit of $7.5M. The big base salaries would start in 2017 so the large cap hits would still be a year away. You can also use a guaranteed 2017 roster bonus that you convert into signing bonus to further spread out the cap hits.

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Snake Grand Master

Snake

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Honestly l doubt we will make much of a splash. CJ while over paid is probably better than Williams at this point and Williams is not going to come cheap with Vernon tagged. I would like to see us pick up a CB but there will be other teams with twice our money over paying. My hope is we bring in a TE or some depth at OL. 

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Bartin Collaborator

Bartin

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23 minutes ago, KB_fan said:

Thanks @Bartin for all the helpful replies today about contracts.  Learned alot.  Much appreciate the time you've taken to explain how KK & Star's contracts might work and affect the cap.

No problem. The more that people know about how contracts and the salary cap work, the more constructive the conversation about them can be.

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MV%doe Newbie

MV%doe

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These replys give me hope. Some posters know how much the panthers truly have, not much after all the figuring.

 

So that means don't get upset when Dave's doesn't sign any big name during the first two weeks of free agency. Be more of the same form past years dollar store, bargin bin, and dumpster driving FYI!!!! Goos to save those pennies to resign KK, star, Kevin Benjamin, early, etc etc.

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LxDunn Proficient

LxDunn

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8 hours ago, Snake said:

Honestly l doubt we will make much of a splash. CJ while over paid is probably better than Williams at this point and Williams is not going to come cheap with Vernon tagged. I would like to see us pick up a CB but there will be other teams with twice our money over paying. My hope is we bring in a TE or some depth at OL. 

Charles Johnson is not better than Mario Williams, come on man. 

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