According to PFT, the Panthers are over the cap (by a little)

[teeray]

don't panic, but realize all you noobs out there who thought we had $10000billiontyseventymilliontrillion of cap room still look stupid..

I think that is Charles Johnson's contract alone.

[Montsta]

Kalil didn't seem worried about the team saying that extending him was something they would do but was a little bit of a lower priority, but isn't he tagged for around $10MM or something right now? Surely a new deal would lessen that hit substantially right?

[The Saltman]

From what I understand, I believe we are so close because of the 30 millon dollar signing bonus to CJ. So, after this season, his cap hit will be much, much lower.

But, I could be wrong.

Btw, I made this thread 1st. ;)

LOL huh? signing bonuses are spread out throughout the whole contract.

[bleys]

Can we make this my salary?

considering it was all fabricated by ill-informed, manic fans- I'm sure we can work something out........

[PantherBrew]

LOL huh? signing bonuses are spread out throughout the whole contract.

Oh, I was under the impression that signing bonuses were given right when you sign the dotted line.

[bleys]

no, I have seen it from other sources too. I find it hard o believe that they have all the particulars of the entire roster right now though. Plus without even having the first round of cuts, what does it matter. They frustrate me sometimes over there.

well, I figure all the cap numbers are available.. may be a rough estimate, but I doubt it's that far off..

[bleys]

is it possible for Hurney/JR to frontload some aspect to these contracts in order to disperse a lot of the cap hit the next few years?

[Sam Mills Fan]

Once they extend Kalil, this will be a non-issue.

[SevenSixes]

Just FYI..

I'd mention that there's a 3Mil credit on the 120M that can be extended to a single player for 2011 & 2012 we receive 3x 1Mil credits. We can apply both of those extensions in this year putting the cap up to 126M if you apply them forward.

Besides, PFT is only 60% correct half the time..

I'd figure Marty knows more about our cap situation than anyone in PFT

[The Saltman]

Oh, I was under the impression that signing bonuses were given right when you sign the dotted line.

No, a signing bonus is additional guaranteed money that is spread out through the life of the contract. Im not sure if its spread evenly but it sure isnt paid all at one time or it would defeat the purpose.

[Panthro]

Sign Kalil to an extension and booyakasha

[Panthro]

No, a signing bonus is additional guaranteed money that is spread out through the life of the contract. Im not sure if its spread evenly but it sure isnt paid all at one time or it would defeat the purpose.

I'm pretty sure a signing bonus is paid in full at the time of the deal. It's cap hit though is spread across the contract. That's why when we cut a player their cap hit increases...

[Chaos]

don't panic, but realize all you noobs out there who thought we had $10000billiontyseventymilliontrillion of cap room still look stupid..

But..but...but we haz to signz all teh free agentz!!11!!!1!

[Squirrel]

Cut Cam problem solved.