Kalil Restructures: saves 2.2 mil

[firstdayfan]

According to Yas...

http://espn.go.com/b...kalils-contract

"Kalil was given a $5 million signing bonus, but his base salary was dropped from $4.75 million to $750,000. His cap figured dropped from $8.6 million to $6.4 million."

[davos]

yipee

gettlemania

*edit for the quick photoshop:

[Kakarot]

There we go. Kalil doing his part to help the cap situation.

[Goondal]

Very good to see. What is our number over the cap now?

[BigSyke]

:startle: :phew:

[davos]

Very good to see. What is our number over the cap now?

Well according to Yas it's around 11 mill right now

Cutting Gamble will free a good deal of that.

[firstdayfan]

Very good to see. What is our number over the cap now?

Yas says that we have 131 million committed...cap is expecting to be a little over 120 million.

But remember, cutting Gamble will save us a ton.

[IamSoClutch]

its a start, keep it coming

[davos]

As of now, if we cut Gamble, Ron, Hang'man, and Gary Williams, we should be under without even doing anything with our RBs, LBs, or Gross.

[Kurb]

Understand this moves Cap troubles backwards.

They turn Salary into bonus cash. Basically if you restructure you are getting paid up front. At least thats how it happens often.

They can also turn contracts into incentive based where salary is paid off of playtime triggers and what not-> Thomas Davis's last deal and the restructure had lots of this.

[IamSoClutch]

i hope gross is next in line

[Kurb]

i hope gross is next in line

He pretty much has to be, unless we cut him, which sadly would be catastrophic.

[firstdayfan]

Understand this moves Cap troubles backwards.

They turn Salary into bonus cash. Basically if you restructure you are getting paid up front. At least thats how it happens often.

They can also turn contracts into incentive based where salary is paid off of playtime triggers and what not-> Thomas Davis's last deal and the restructure had lots of this.

That's tough for a GM but hopefully there's a plan in place. I think we've seen Hurney do a lot of the same over the years with no real goal in mind. Just keep pushing money back further and screwing us over in later years. Honestly though, Gettlemen was handed a mess and he has to make some of these tough choices to get out of it.

And I agree with what was said about Gross, if Kalil can restructure then Gross certainly can, and probably will.

[Kevin Greene]

Nice.