Panthers open more cap, working Paradis's deal

[ncfan]

 

Edited February 20, 2021 by ncfan

[Khyber53]

Okay, not bad. $4 million here, $4 million there, eventually it turns into real money. 

[LinvilleGorge]

The Hurney restructure. We're planning to use this money on something. There's no reason to do this if we don't need the space this year.

[WarPanthers89]

I wouldn’t mind a one or two year extension for him. I also wouldn’t mind letting him walk after this year so either way it’s fine. We seem to be aggressively eating dead cap last year and this year with kk so this does not hurt that bad. Between Boston and this we are sitting at around 6.6 dead cap next season for both. 

[WarPanthers89]

1 minute ago, LinvilleGorge said:

The Hurney restructure. We're planning to use this money on something. There's no reason to do this if we don't need the space this year.

We could always roll it over if not used, but I hope we use it and give Teddy a real reason to unfollow our Twitter account

[BurnNChinn]

Yeah guys something is fixing to happen

[woahfraze]

Someone correct me if I'm wrong, but by converting the base salary to signing bonus, they are basically taking the amount converted and spreading that out against the cap for the remaining year of the contract.  That's the mechanism by which the conversion saves cap space this year--by pushing some of the money that would have applied this year into future years. Which in essence means it would be harder to cut him next year because there's now additional dead cap space that we'd incur. 

Sounds to me like the staff is either pleased enough with his play to keep him, or they really are concerned about continuity on the offensive line; cutting Paradis would mean they'd have to replace four starters on the line (assuming they tag Moton). On that last point, honestly this move may be part of their efforts to generate enough space to extend Moton long term.

Edited February 20, 2021 by woahfraze

[LinvilleGorge]

2 minutes ago, WarPanthers89 said:

We could always roll it over if not used, but I hope we use it and give Teddy a real reason to unfollow our Twitter account

Why creat future guaranteed money though unless you need the space currently? It makes no sense unless you need it now.

[LinvilleGorge]

3 minutes ago, woahfraze said:

Someone correct me if I'm wrong, but by converting the base salary to signing bonus, they are basically taking the amount converted and spreading that out against the cap for the remaining year of the contract.  That's the mechanism by which the conversion saves cap space this year--by pushing some of the money that would have applied this year into future years. Which in essence means it would be harder to cut him next year because there's now additional dead cap space that we'd incur. 

Sounds to me like the staff is either pleased enough with his play to keep him, or they really are concerned about continuity on the offensive line; cutting Paradis would mean they'd have to replace four starters on the line (assuming they tag Moton). On that last point, honestly this move may be part of their efforts to generate enough space to extend Moton long term.

Yes.

[NJPanthers89]

The Panthers will have close to $100 mill in cap space next season, with them being relatively tight this off-season it makes sense to push some money into future years.  Remember the cap can always be manipulated, the Saints have been doing it for a decade.

[ForJimmy]

What are the chances we try to sign Moton AND a big FA like a Trent Williams? With Moton, Paradis, and Williams we could plug in a couple guards and have a good OL next year...

[woahfraze]

1 minute ago, LinvilleGorge said:

Why creat future guaranteed money though unless you need the space currently? It makes no sense unless you need it now.

Concerning this year's cap space, I think they're are trying to open up enough that if they were somehow able to pull a trade with Watson, they could absorb his cap hit AND still be able to make some other moves to improve the team.  If they don't open up space, they might only be able to do one of those two things.

[woahfraze]

1 minute ago, NJPanthers89 said:

The Panthers will have close to $100 mill in cap space next season, with them being relatively tight this off-season it makes sense to push some money into future years.  Remember the cap can always be manipulated, the Saints have been doing it for a decade.

Part of the reason this is true is because there are fewer players under contract after this coming year.  Every single NFL team has more cap space the further you look into the future.  You can't just look at the number in dollars; you have to evaluate that against how many players are on your roster.  $100MM with only 30 players under contract isn't good.  You'd rather see a $50MM is you had 45 to 50 players under contract.

So while what you said may be true, on general principal, I wouldn't necessarily want to be "kicking the can down the road" with guaranteed money unless you truly, truly needed the space in any given season.  That's partly how Hurney got us in trouble (his initial contracts were a bit of a problem too of course).

[ncfan]

16 minutes ago, woahfraze said:

Someone correct me if I'm wrong, but by converting the base salary to signing bonus, they are basically taking the amount converted and spreading that out against the cap for the remaining year of the contract.  That's the mechanism by which the conversion saves cap space this year--by pushing some of the money that would have applied this year into future years. Which in essence means it would be harder to cut him next year because there's now additional dead cap space that we'd incur. 

Sounds to me like the staff is either pleased enough with his play to keep him, or they really are concerned about continuity on the offensive line; cutting Paradis would mean they'd have to replace four starters on the line (assuming they tag Moton). On that last point, honestly this move may be part of their efforts to generate enough space to extend Moton long term.

Next year is the 3rd year of his 3 year deal.