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Charles Johnson taking less money isn't Gettlemagic, it's JRmagic

Jeremy Igo

By Jeremy Igo,
in Carolina Panthers

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osd22 Enthusiast

osd22

Posted
Posted
2 minutes ago, Doyle said:

Do we know the deal yet without me having dig to search for it?  Other teams would be pumped for the right deal.  I'm just wondering if we got one.  

1 year, 3M. Reportedly turned down 6M from Bucs. 

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The Huddler Grand Master

The Huddler

Posted
Posted
3 minutes ago, usmcpanthers said:

Love this move, we dodged a 11 million cap hit by releasing Johnson. Then he comes back at only 3 million. Hell of a move by Gettleman.

 

This is correct right? Ive never been good at contract stuff

We were gunna pay him 15 million if we had done nothing. We cut him..  We owe 4 million in dead money aka we save 11m in cap space. CJ decides to come back at 3m.    So in total,  we will pay him 7m this season as opposed to 15m

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O-Ther Newbie

O-Ther

Posted
Posted
42 minutes ago, usmcpanthers said:

Love this move, we dodged a 11 million cap hit by releasing Johnson. Then he comes back at only 3 million. Hell of a move by Gettleman.

 

This is correct right? Ive never been good at contract stuff

His cap hit was $15 million, we cut him and his $11 million salary vanished, but his $4 million pro-rated bonuses stayed on our cap, the "dead money". We will be paying him only $3 million, but that $4 million "dead money" doesn't vanish now that he's back, so he counts as $7 million on our cap, despite only making $3 million this year. In essence, you're right

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