For Our NFL Gurus

[Jangler]

If Jake were to retire in the offseason or before next season officially starts would the Panthers still have to payoff the contract? or at least one year of it?

[frash.exe]

i think he gets all the guaranteed salary that's left on his contract, which was what, 20 million minus what he got this year

[OneBadassCat]

Hopefully he'll say " Wow I really fuging sucked this year and I don't deserve to make this much". Then he restructures.

[carpanfan96]

Carolina's on the hook for around 13.5 million no matter what happens. It was in an article that I believe was posted a week or so ago on the huddle.

[Phil Dees]

Question 1.12

What happens if a player is traded or retires?

Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).

In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.

http://www.askthecommish.com/salarycap/faq.asp

[Wither]

Why wouldn't they keep him as a backup? He's been valuable in the past and could serve a useful backup, versus having to cut him and pay him anyway.

[Mr. Scot]

Why wouldn't they keep him as a backup? He's been valuable in the past and could serve a useful backup, versus having to cut him and pay him anyway.

This is what I believe is most likely.

[Jangler]

Carolina's on the hook for around 13.5 million no matter what happens. It was in an article that I believe was posted a week or so ago on the huddle.

Reading... Can you call me and tell what everybody has said in this thread?

[Urrymonster]

Reading... Can you call me and tell what everybody has said in this thread?

It's complicated, but there are two options we can pick up for the final two years. To not take either option results in $13.5 mil, to keep him roughly the same and to cut him roughly the same. So all in all, no matter what we do, we will be paying him that amount.

Hence why Scott and Dockery are most likely right in their assumption that he will be here as a back up next season. The contract can't dissapear, so there really is no point in cutting him.

[Jangler]

My question is if he retires not if he is cut.

[Sultan33g]

My question is if he retires not if he is cut.

if he retires the money is gone....he will only get paid for this season..end thread

[Jangler]

if he retires the money is gone....he will only get paid for this season..end thread

So if that is true then it brings up the old joke..."This milk has gone bad...*puts back in fridge*....maybe it will be better tommorrow."

Somebody really needs to have a truthful heart to heart with Jake...

[Sultan33g]

So if that is true then it brings up the old joke..."This milk has gone bad...*puts back in fridge*....maybe it will be better tommorrow."

Somebody really needs to have a truthful heart to heart with Jake...

Im no "NFL Guru" so you might want to get a more educated answer

[Phil Dees]

My question is if he retires not if he is cut.

See post #5 of this thread.