Panthers sign Eric Reid to 3-year contract

[Floppin]

13 minutes ago, Toomers said:

And it 24M if he hits incentives. Not 22M. Try to keep up. 

 And as people have repeatedly said, how much you paying him this year as a base salary. Or next. Or the last? That all adds to the 10M. Plus dead cap if you cut him. 

You seem to be arguing under the assumption that the guaranteed money is some sum separate from his salary - it's not. Cap hits are derived from yearly salary plus any signing bonus pro-rated evenly throughout the duration of the contract. Any salary paid each year counts towards the guarantee. Once the salary paid reaches the guarantee threshold then you can cut a player with no dead money other than that signing bonus prorate that remains. For instance if his base salary is at least an average of 5 million each of his first two season then he reaches his guarantee after year two.

[Toomers]

3 minutes ago, Sub Zero said:

Dude stfu.. You're really starting to be a bitch..

I'm moving on... keep spewing your dumb poo I don't care.. 

All you've shown is that you're pissed off about 10 mil guaranteed .. If you think that's over paying I don't give fug...

My point has already been proven 

No. Unfortunately for you, my point was proven and all I had to do was let you keep letting your thoughts be known. Why so serious? 

[Basbear]

1 minute ago, Sub Zero said:

Wow you really edit your post.. 

It's still wrong..

He played 3 years only missed 3 games and was a pro bowler his 1st year.. 

= good signing..  

PS ..

You notice how LG isn't talking about Wahles anymore?? You should do the same..

I'm a terrible speller and awful at grammar. I changed nothing except removing an "s". I was going off memory and it was not a positive one about the highest paid OG in the league. I was wrong about games missed and off one year. He did make the pro bowl and still wasn't a success. LG is trying to understand the odd salary statements you posted, that's a difficult task. The thread is for Reid, I'll stop the derail over if wahle is a good signing or not. You think cause he made a meanless pro bowl its a success, I disagree. 

[Toomers]

3 minutes ago, Floppin said:

You seem to be arguing under the assumption that the guaranteed money is some sum separate from his salary - it's not. Cap hits are derived from yearly salary plus any signing bonus pro-rated evenly throughout the duration of the contract. Any salary paid each year counts towards the guarantee. Once the salary paid reaches the guarantee threshold then you can cut a player with no dead money other than that signing bonus prorate that remains. For instance if his base salary is at least an average of 5 million each of his first two season then he reaches his guarantee after year two.

Wow. Uhhhhh.....

  only if the base salaries are guaranteed. Not on every contract. In fact on very few. It doesn’t work that way. 

[Sub Zero]

9 minutes ago, LinvilleGorge said:

The only thing you've done for two pages is engage in mental gymnastics to try to distract from and cover for you "two years, $5M per" incorrect statement.

I'm still not convinced you have much of a clue about how contracts and the salary cap works. 

Okay.. cool .. Keep thinking this way..lol

[Sub Zero]

10 minutes ago, Floppin said:

You seem to be arguing under the assumption that the guaranteed money is some sum separate from his salary - it's not. Cap hits are derived from yearly salary plus any signing bonus pro-rated evenly throughout the duration of the contract. Any salary paid each year counts towards the guarantee. Once the salary paid reaches the guarantee threshold then you can cut a player with no dead money other than that signing bonus prorate that remains. For instance if his base salary is at least an average of 5 million each of his first two season then he reaches his guarantee after year two.

Wow it's really wasn't that hard.. Thank you for this..

[Sub Zero]

6 minutes ago, Basbear said:

I'm a terrible speller and awful at grammar. I changed nothing except removing an "s". I was going off memory and it was not a positive one about the highest paid OG in the league. I was wrong about games missed and off one year. He did make the pro bowl and still wasn't a success. LG is trying to understand the odd salary statements you posted, that's a difficult task. The thread is for Reid, I'll stop the derail over if wahle is a good signing or not. You think cause he made a meanless pro bowl its a success, I disagree. 

Alright ... your opinion..lol

[LinvilleGorge]

3 minutes ago, Sub Zero said:

Okay.. cool .. Keep thinking this way..lol

You've provided ample evidence.

[Sub Zero]

10 minutes ago, Toomers said:

No. Unfortunately for you, my point was proven and all I had to do was let you keep letting your thoughts be known. Why so serious? 

You have proven you don't have a clue.. Lol 

Keep being mad over 3 year 10mil guaranteed  contract..

[Sub Zero]

1 minute ago, LinvilleGorge said:

You've provided ample evidence.

Okay.. cool story.

 

[LinvilleGorge]

16 minutes ago, Floppin said:

You seem to be arguing under the assumption that the guaranteed money is some sum separate from his salary - it's not. Cap hits are derived from yearly salary plus any signing bonus pro-rated evenly throughout the duration of the contract. Any salary paid each year counts towards the guarantee. Once the salary paid reaches the guarantee threshold then you can cut a player with no dead money other than that signing bonus prorate that remains. For instance if his base salary is at least an average of 5 million each of his first two season then he reaches his guarantee after year two.

No. He doesn't have to "reach" his guarantee. He reached his guarantee the moment he signed the contract. After two years, he will have made (and will have counting against the cap) his salaries, plus his two years of signing bonus, plus any other incentives. If released, he will get his full $10M guaranteed plus the previously mentioned salaries and other possibly included incentives. Under no circumstances will he only make $10M over two years 

[Floppin]

Just now, Toomers said:

Wow. Uhhhhh.....

  only if the base salaries are guaranteed. Not on every contract. In fact on very few. It doesn’t work that way. 

Umm what? Guaranteed money and salary are not separate things. Guaranteed money is literally just that... Guaranteed. It represents the requirement that must be paid. Salary paid accumulates to reach this guaranteed threshold. If a player is cut before his salary guarantee is met then the remainder of his guaranteed money is required to be paid. They are not two separate sums that count against the cap. Stop being asinine.

[LinvilleGorge]

Just now, Floppin said:

Umm what? Guaranteed money and salary are not separate things. Guaranteed money is literally just that... Guaranteed. It represents the requirement that must be paid. Salary paid accumulates to reach this guaranteed threshold. If a player is cut before his salary guarantee is met then the remainder of his guaranteed money is required to be paid. They are not two separate sums that count against the cap. Stop being asinine.

That's... uh... that's not how NFL contracts work at all.

[Sub Zero]

5 minutes ago, stbugs said:

Damn, too much ignorance in here. From the original post with the contract numbers, it said 3 years, $22m with incentives up to $24m. So, ignoring guarantees, he’s making $7.33m per season on average with a chance to make $8m.

Next comes guaranteed money of $10m. Let’s assume he got a $7m signing bonus, reasonable to be one of the three years. Let’s then assume salaries/workout bonuses/whatever of $3m, $5m and $7m. $15m  in salary and $7m bonus, $22m and signing and 2019 salary guaranteed so $10m guaranteed.

Now, let’s look at the resulting payouts if cut. If cut now all the way to before year 2, it’s a 1 year, $10m deal. If cut before year 3, it’s a 2 year $15m deal. So again, to everyone saying if he plays two years and doesn’t reach incentives he’ll get only $10m, you are wrong. He gets $15m. Only way Reid only sees $10m is if he only plays 1 year. Simple as that.

One more caveat to the dummies in here. When a veteran like Reid is on the roster week 1, their salary is guaranteed for that year. So again, there is no way to cut Reid at any point in year 2 or after year 2 and only pay him $10m, of unless you think he and his agent out of the goodness of their heart structured it so that he has a $12m third year salary. LOL if you think that after reading if he gave us a discount since we were the only ones who signed him last year.

Cap hits, who cares, we don’t have a true clue without the real bonus and yearly salary numbers, but you can use my guesses and calculate if you care.

https://www.spotrac.com/nfl/carolina-panthers/eric-reid-12298/

7,333,333 avg. Salary.. not base salary.. Just like the year before.. The avg. Was 1,390,000 but he got the 390,000 in bonuses.. 

So the avg. And base might not breakdown the same until we see the bounuses..