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Kalil and Stewart Restructure

TylerVagyler

By TylerVagyler,
in Carolina Panthers

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TylerVagyler Newbie

TylerVagyler

Posted
Posted
 

Panthers center Ryan Kalil did restructure his contract. $4.75M base salary reduced to $855k, remainder converted to signing bonus.

 

Kalil had a $10.4M cap number. New number is $7.284. Panthers save $3.116M in 2014 cap space.

 

Panthers RB Jonathan Stewart tweaked his deal, as well. $1.5M base reduced to $785k. Remainder ($715k) was added to his $6.785M option bonus

 

So Stewart gets $7.5M signing bonus, prorated over 5 years. Renegotiation lowers 2014 cap number by $911,250

 

 

I haven't seen this anywhere but it looks like Gettleman has been busy.

 

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R0CKnR0LLA Mentor

R0CKnR0LLA

Posted
Posted

Neither of those restructures resulted in the player getting less money.  It is funny how fans think the players giving up money in these situations.

 

this, a restructure actually benefits the player in every way, there's literally zero downside for them

 

they get the same money but it's now guaranteed and paid upfront rather than over the course of a season. also increases the dead money hit if they're cut in the future so they have better leverage on future negotiations and a better chance to stick around for the life of the contract

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