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A Cap Question

Matthias

By Matthias,
in Carolina Panthers

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Matthias Proficient

Matthias

Posted
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Not much. The money doesn't go away. But maybe I'm wrong.

 

 

I remember perhaps a couple of years ago when we were debating on what to do with Chris Gamble, some of us said if he retired vs us releasing him, we would have saved more cap room.  Technically, the players get paid for the years they play. (The only sure thing being the signing bonus)  So I think if they retired, a good bit of space might open up.  Though of course, we don't want Smitty to retire.  Yet I would be able to handle it if a good bit of cap space opened up.

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Icebox Newbie

Icebox

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When a player retires, the remaining cap hit is pushed to the next season.

 

I know a lot of people are calling for us to cut Stewart outright, but if we were to do that, the additional cap hit next year would be $12.7 million. Because the way that Hurney structured that deal, we're better off keeping him on the team, whether he plays or not. As for Deangelo, it's not any better. By cutting him, we incur an additional $3.6 million.

 

If instead Stewart retired this offseason, the cap hit would be pushed to 2015, but would still be substantial.

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carpanfan96 Grand Master

carpanfan96

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Stewart's contract is a hodgepodge of contract language and bonuses. If the team cuts him, I believe it's the same as declining his option bonus. Same thing would apply for him being traded or retiring(unless it's got offset language).

 

Means his contract values would change going forward starting with this year. He would get a guaranteed salary of roughly 9 million dollars and his cap hit would expand from 5.5 million to 12.3 million.   It might be the worst contract I've ever seen in professional sports. lol  . 

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PantherFanOne Newbie

PantherFanOne

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Stewart's contract is a hodgepodge of contract language and bonuses. If the team cuts him, I believe it's the same as declining his option bonus. Same thing would apply for him being traded or retiring(unless it's got offset language).

 

Means his contract values would change going forward starting with this year. He would get a guaranteed salary of roughly 9 million dollars and his cap hit would expand from 5.5 million to 12.3 million.   It might be the worst contract I've ever seen in professional sports. lol  . 

 

Damn you Marty Hurney,you sorry sack of poo.

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