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Panthers give Teddy permission to seek a trade


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Fitterer said he talked to Bridgewater and his representatives but was careful not to rule out the possibility of last year's starter staying here in some role. This is where you have to point out that everything is always on the table — "In on every deal" means "In on every deal" — but Fitterer alluded to the possibility of a contract adjustment or a trade, as well.

"I think there's things we have to work through, obviously," Fitterer said. "And I've already talked to Teddy's agents. We're going to find the right place, whether it's here or wherever it may be, we'll figure things out, contract-wise as well."

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Teddy is not a starting quarterback but the way our trio of head coach gm and owner have handled the public relations aspect with our last two quarterbacks leaves a lot to be desired in my eyes. You can certainly see they are learning on the fly with this.

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1 hour ago, jayboogieman said:

Why would another team give Teddy a chance to start when the Panthers, who were a bad team last season, are saying he wasn't good enough for them?

Because some teams don't mind a game manager. I actually think Rivera would be happy with a QB like Teddy but not sure if he'll want to do us any favors and he seems enamored with Heinicke. I think he'd also fit well with what the Patriots have traditionally done but seems like they may be trying to evolve their offense. Also, he may be better than anything the Broncos have not really sure if he fits their scheme though.

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17 minutes ago, stbugs said:

If we trade him we don’t pay his salary. We’d save $10M extra which is his guaranteed salary that we pay if we release him. There is $10M in signing bonus dead cap that hits our cap no matter what (half can be spread into 2022 with post 6/1 cut). If we trade him then the pre/post June 1st doesn’t really matter. We’d save a minimum of $13M cap this year and $21M in cap this year or $18M this year and $16M next year. We aren’t hurting for cap this year so it’s a wash with rollover. The key is getting a trade done. That’s what really helps.

56 minutes ago, shaqattaq said:

FWIW:

image.png.c09b0397c37f73569d24ade7207c852f.png

if we trade him effort 6/1 it looks like we have a dead cap hit of 10 million. 

Honestly, whatever. Get some cap back either way and off to the next cheaper mistake. I will be shocked if someone wants him at 12 million this year. Looking like a cut is the likely hand here. Go Texans!

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1 minute ago, stbugs said:

There’s $10M from his signing bonus, that’s locked in. Basically, paid him $15M in signing bonus (what an effin waste) and it was going to hit $5M cap each year. What we “save” is his $18M in 2021 salary, $10M of which is guaranteed and $21M in 2022. If we can’t trade him then we get stuck with $10M in salary for 2021 and the $10M in dead cap from the signing bonus. If we trade him all we have is that dead cap and nothing more. We’d save $39M in cap over 2021 and 2022 if we can trade him even with the signing bonus dead cap. We still save $29M if we have to release him. It would just be nice to have less of a mistake.

At this point, it’ll be hard to trade him because we’ve already laid out our plan. We should have been in trade Teddy mode from the start. Unfortunately, somehow Teddy was still a backup plan. We should have just pulled the bandaid off. Worst case if we didn’t get a QB is Grier/Walker/later round rookie and top pick in 2022.

I'm not debating his salary or cost. I honestly don't really care, we burnt all that money when we gave him this deal.

I do agree with all rest. I fear a Seatle-esk draft incoming and that is going to be a bigger issue. There are some real reasons to question this crews ability to judge talent on the O, like Teddy being a backup plan when it was evident that bridge was burnt. Combine that with the beginner level skills of our GM this offseason and Teddy's cost just goes up in smoke for me. I fear at this point the Teddy debacle was just a new normal for us. 

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10 hours ago, chknwing said:

obviously the team wants Teddy to see what his real value is and then ultimately restructure and release.

I think the renegotiation is to keep him at a reasonable rate if he can't find another team  That sets the price. I wonder if new Orleans is interested now that Teddy knows our whole system. Not sure we should be ushering him out so quickly. We could use a cheap vet to mentor these guys. Just not 22 million for a timid starter.

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