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Shaq Thompson - RESTRUCTURED Contract**

SetfreexX

By SetfreexX,
in Carolina Panthers

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45catfan Grand Master

45catfan

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Just now, SetfreexX said:

Because he was about to count as 18M for the 2022 season after costing 10/7/8 the three prior years, IF he had been released it would have created 6M in cap. 

*Rounded numbers above for simplicity*

Details here on his cap hit prior to this announcement -- https://www.spotrac.com/nfl/carolina-panthers/shaq-thompson-16749/

It'll be interesting to see the results of this.

The results?  A ton of dead cap after he's released in a year or two, you know...like how we are eating $8.3 million of Paradis' dead cap this season as he's technically still on the roster but won't ever play a down or even suit up.

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Jon Snow Grand Master

Jon Snow

Posted
Posted
Just now, Smithers said:

There’s plenty of good FA OL on the market this year.  Now is the time to grab them.  

Why? This team is not anywhere close to competing.  Throwing money at overpriced FA's is not helping them get out of this mess they've created.  

PS, if those OL were worth signing they would never have hit FA.

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SetfreexX Mentor

SetfreexX

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Here's our estimated cap space in the upcoming years: 

Obviously signings / extensions / etc. will happen over the course of this year and moving forward, but moving calculated money down the road on cornerstone players isn't going to hurt. What you can't do like the Saints is do that while ALSO paying premium for a QB. 

IF we get lucky and draft a good QB the team / cap is in great shape. 

 

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Jon Snow Grand Master

Jon Snow

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2 minutes ago, SetfreexX said:

Here's our estimated cap space in the upcoming years: 

Obviously signings / extensions / etc. will happen over the course of this year and moving forward, but moving calculated money down the road on cornerstone players isn't going to hurt. What you can't do like the Saints is do that while ALSO paying premium for a QB. 

IF we get lucky and draft a good QB the team / cap is in great shape. 

 

This team doesn't have any cornerstone players. They've floundered around for 3 years trying to replace what few they did have.

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SetfreexX Mentor

SetfreexX

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4 minutes ago, 45catfan said:

The results?  A ton of dead cap after he's released in a year or two, you know...like how we are eating $8.3 million of Paradis' dead cap this season as he's technically still on the roster but won't ever play a down or even suit up.

My guy, those are voidable years, we did the same for Reddick -- https://www.spotrac.com/nfl/carolina-panthers/matt-paradis-14618/

So bringing up Paradis in this light doesn't really serve your comment very well.

That is not a restructure -- it's ''fake money'' years to spread out a signing bonus. It's why they are referred to as ''voidable''.

A voidable year is an ‘extra’ year on the length of the contract that the team and the player intend to void. In other words, it is a “dummy” year on the contract that the player will never play or get paid for, and it exists for the sole purpose of lowering the annual cap hit, especially in the first year of the contract.

 

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