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Hardy may be the best free agent out there

Captain Morgan

By Captain Morgan,
in Carolina Panthers

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RoaringRiot Collaborator

RoaringRiot

Posted
Posted

The guaranteed money (with the franchise tag is 100% of the deal) count against the former team's cap.

So let's say they re-sign Hardy to this contract (that projection was made before the season, so is probably higher now, but bear with me) and then they trade him for a 1st round pick.

Panthers get an inmediate cap hit of 28 mill, which would put them 12 over the cap right now just to net a 1st round pick. The new team gets Hardy and just have to pay him the base salary of the contract (9 mill per year average) and they can cut him whenever they want without even taking 1 dollar of cap penalty.

So yeah, you trade 28 mill of your salary cap (more than 20%) and a good player for a 1st round pick, and you still have to replace said player.

The sign+trade talk needs to stop.

Good info. Thanks.

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