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Jake, Please give the Panthers the best chance to win in 2010

Jangler

By Jangler,
in Carolina Panthers

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carpanfan96 Grand Master

carpanfan96

Posted
Posted

Jake get's that 13 million no matter what. He gets cut he still gets his Bonuses and such. if he stays for the year and then we cut him it will cost us around the same as well. His Agent did a really good job on that contract, no matter which way you slice it Jake will get 13 million dollars from the Panthers.

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Wither Newbie

Wither

Posted
Posted

Jake get's that 13 million no matter what. He gets cut he still gets his Bonuses and such. if he stays for the year and then we cut him it will cost us around the same as well. His Agent did a really good job on that contract, no matter which way you slice it Jake will get 13 million dollars from the Panthers.

Just to reiterate, they are talking about him retiring, not getting cut. And yes, there is probably a difference in amount paid due to that; if not, players could just up and retire when they got a big contract and screw the team over.

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carpanfan96 Grand Master

carpanfan96

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Not really in Jakes case his Contract is pretty much set. 13 million to jake no matter what. I'll try to find the article about it. His bonuses would still count against the team if he retires, since they were guaranteed. 6.25 of that was for this season, the rest would still be a cap hit if he retires since the 20 million was a guaranteed bonus.

Thus, the Panthers can release Delhomme prior to next season and subject themselves to almost $13M of future guaranteed salary. Or they can supersede the contract and pay the same almost $13M guaranteed through signing bonus and guaranteed salary in 2010. Or they can exercise the future option payments and subject themselves to the same almost $13M guaranteed (or over $16M guaranteed with the exercise of the second option). Or they can opt not to exercise the options and subject themselves to the same almost $13M guaranteed through the non-exercise fees.

The above is a detailed way of saying the Panthers are on the hook for almost $13M guaranteed to Delhomme, a player who will be 35 in January and whose contract they could have let expire at the end of this season with no future obligation.

Pretty much comes down to paying him around 12.7 million to keep him for the next few years or cutting him and Jake still getting that 12.7 million.

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