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Captain Munnerlyn Gets Salary Bump


chknwing

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Captain Munnerlyn gets salary bump

At a time when the Panthers are in cost-cutting mode, cornerback Captain Munnerlyn hit on an escalator that takes his base salary from $565,000 to $1.31 million.

Munnerlyn said the escalator was triggered based on playing time over his first three seasons. Munnerlyn started the first 14 games in 2011 before being placed on injured reserve with a hamstring injury. Munnerlyn, a seventh-round draft pick in 2009, now has a cap number of $1.32 million.

http://blogs.charlotte.com/panthers/2012/03/captain-munnerlyn-gets-salary-bump.html

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He earned the money, mainly on special teams but I really hope they find a replacement for Cap or at the very least not use Captain as much. Captain is great in very situational circumstances, great rotation-wise. Not only that, but Butler can do what Captain can, as they are very similar, no need to keep both.

However as a starter and even a consistent back-up he is not good enough. Captain should be fighting for rotation/third spot. I think we are one CB away from a decent secondary, but there are a lot of players in the secondary who probably would not be starting for another team and it is always hard to judge when the Dline is non existent/back up LBs.

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Question?

Will Captain Munnerlyn still be due to get this money since he hit on an escalator,even if we cut him?

Yes. It was earned last year not for 2012. This is a bonus for guys who outplay their rookie contract meeting set parameters and get a bonus for their play. I think Stewart did a few years ago. The front office already knew about this and had this factored in. It was part of his rookie contract.

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    • Correct this logic I might if it meant taking his guaranteed money now and spread it over 3 years (2026-2028) and maybe add $6m.  I am not sure you can do that, or that he would do it, but it would be a way for him to extend his career and bank accounts and we would be getting him for $6m for 2 years (if healthy), basically, since his entire salary is guaranteed now.  If not, we lose an additional $6m spread over 2 years.  So let's say his guaranteed $$ for 2026 is $18m.  Give him a $24m contract ($8m per) through 2028.  Worst case:  We get $10m in cap relief now and create $3m dead cap for 2 years (2027-8).   Best case?  We get cap relief now and a good/decent guard/tackle for 2 years (2027-2028) and the total salary per year when he is active would be $12m if you don't count any money for the season he cannot play.  That is a good value, and we'd basically be getting a 50% discount rate.  Since we have so much guaranteed now, extending him is not as crazy as it seems.   Something has to be wrong with this logic...      
    • I don't disagree about Nikishin's potential availability, but Hamilton as a replacement? Not an upgrade in my book.
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