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Greg Olsen's Deal Restructured

Dpantherman

By Dpantherman,
in Carolina Panthers

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Dpantherman Newbie

Dpantherman

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By Pat Yasinskas:

The deal was done several weeks ago, but I haven’t seen it reported anywhere. The Panthers have made other moves since Olsen’s restructure and they currently are the only team in the NFL with less than $1 million in salary-cap space.

The Panthers dropped Olsen’s salary-cap figure from $4.125 million to $2.4 million by converting $2.3 million of his scheduled base salary into a signing bonus that will be pro-rated over the life of his contract. The Panthers also converted a $2.5 million option bonus into a signing bonus that also will be pro-rated over the rest of Olsen’s contract.

http://espn.go.com/b...structured-deal

Yet another reason why I'm not worried about the cap. I'd expect plenty of this throughout the offseason.

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csx Grand Master

csx

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Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

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KDawg004 Rookie

KDawg004

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Any news if Gross was actually restructured or not? We need to extend Smitty too. Interesting how Yas said it was done several weeks ago. The Panthers org is so tight lipped, I wouldn't doubt if we have a lot more cap room than what is being reported.

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Dpantherman Newbie

Dpantherman

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Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

Who said anything about that? We're talking about the cap and nothing else.
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megadeth078 Newbie

megadeth078

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Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

It's better than a franchise that saves up a huge chunk of cap space then spends it all on 2 overrated players.

You can be a fan of the Redskins if you want. Don't be ashamed.

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jtnc Newbie

jtnc

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The deal was done several weeks ago, but I haven’t seen it reported anywhere. The Panthers have made other moves since Olsen’s restructure and they currently are the only team in the NFL with less than $1 million in salary-cap space.

We restructured his deal and still have the least cap in the NFL?

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Pantherman Newbie

Pantherman

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Pushing money to the future doesn't get rid of bad decisions in the past. Call me whatever you want for not being happy with being at the bottom (if not the very bottom) of the league in cap situation.

Laugh away

This has been going on for ever in the NFL. Nothing new and nothing to worry about.
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Pantherman Newbie

Pantherman

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Sure, we can manipulate the cap we don't have right now. But if they wouldn't have overpaid in the first place, they wouldn't have to restructure.

Well that is also true to. But it happens even to the best of teams. Redskins are a great example of overing paying a player that ain't worth crap. Fat Albert would be his name. :)
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Dpantherman Newbie

Dpantherman

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Sure, we can manipulate the cap we don't have right now. But if they wouldn't have overpaid in the first place, they wouldn't have to restructure.

And yet again, no one is denying that. We are talking about worrying about the cap number itself. How it got like that is a different discussion.

You guys just like arguing about Marty Hurney, and im not going to do it.

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