think we overpaid our players Heres Mannings Base Salary - Dallas Cowboys Forum

jksmith269 · 03-10-2005

I bet he reworks his contract or is released before 08.

1998 144000.00
1999 1430000.00
2000 2666000.00
2001 4452000.00
2002 6298000.00
2003 9824000.00
2004 535000.00
2005 665000.00
2006 1000000.00
2007 1000000.00
2008 11500000.00
2009 14000000.00
2010 15800000.00
2011 14000000.00
2012 14000000.00

KDWilliams85 · 03-10-2005

Manning's money comes from his signing bonus. Even with such a low base salary, he still commands a lot of money so your point is pretty much useless.

jksmith269 · 03-10-2005

Quote:

Originally Posted by KDWilliams85

Manning's money comes from his signing bonus. Even with such a low base salary, he still commands a lot of money so your point is pretty much useless.

Dude this does not count his bonus. Cant you read it said Base Salary. 11.5mil in 08, 14mil in 09

His signing bonus is not included in these figures and they are directly from the NFLPA

in 08 he will count over 18mil of their cap in 09 close to 20mil

Eskimo · 03-10-2005

His SB was $35M and even though it was for 7 years, I think they had to amortize it over 5 years due to the upcoming uncapped years which means you can add $7M to those salaries to figure out his cap hit per year.

Between Manning, Harrison, Freeney and James, they've probably got more than half of their cap tied up. Mind you, those are probably 4 of the top 30 players in the league.

cwbys4evr · 03-11-2005

Commas are our friends.

OldButDeadly · 03-11-2005

Quote:

Originally Posted by cwbys4evr

Commas are our friends.

KDWilliams85 · 03-11-2005

Quote:

Originally Posted by jksmith269

Dude this does not count his bonus. Cant you read it said Base Salary. 11.5mil in 08, 14mil in 09

His signing bonus is not included in these figures and they are directly from the NFLPA

in 08 he will count over 18mil of their cap in 09 close to 20mil

I know that. Look at his '05 through '07 figures. Not a lot of money, is it? But that outrageous bonus he got makes him indespensable at any point in his contract and especially in the immediate future. They won't cut him because he sucks. They won't cut him because they can't afford it. Even if you rework a contract, you still have to fork up the unpaid bonus because it's a termination of a contract. The Colts won't do jack crap concerning Peyton Manning.

Everlastingxxx · 03-11-2005

At least Manning doesn't have back problems.

Wimbo · 03-11-2005

2008. He will be 32. Nope, not old enough to be a Cowboys QB yet.

jimmy40 · 03-11-2005

Quote:

Originally Posted by Wimbo

2008. He will be 32. Nope, not old enough to be a Cowboys QB yet.

Lol. His mobility may be down to our standard though.

jksmith269 · 03-11-2005

Quote:

Originally Posted by KDWilliams85

I know that. Look at his '05 through '07 figures. Not a lot of money, is it? But that outrageous bonus he got makes him indespensable at any point in his contract and especially in the immediate future. They won't cut him because he sucks. They won't cut him because they can't afford it. Even if you rework a contract, you still have to fork up the unpaid bonus because it's a termination of a contract. The Colts won't do jack crap concerning Peyton Manning.

By the way I was being Sarcastic in the original post if you could not tell. Reason is all players just about when they get to the big part of their contracts are released.

when you redo a contract all the original prorated bonuses DO NOT hit in one cap year like if you released him. The original bonus cap hit would continue just like nothing happened except if he got another bonus it would add to it. And I can back up what I say (most of the time LOL)

If a player decides to renegotiate his contract, how does the bonus money he received in the original contract count against the cap?

Answer:If a player renegotiates his contract and gets a new signing bonus, the new signing bonus is prorated over the remaining years of the original contract AND over the extension. The allocation of the original signing bonus remains unchanged.

For example, Player X is currently in the third year of a four-year deal (1999–2002) that paid him a $1 million signing bonus. In 2001, Player X renegotiates his deal extending his contract to the 2004 season while getting a $2 million signing bonus. The original $1 million signing bonus is allocated at $250,000 per year over 2001 and 2002 just as it would be if there were no renegotiations. However, the new $2 million signing bonus is allocated at $500,000 per year over the remaining two years of the original contract (2001–2002) and the extended two years (2003–2004).

KDWilliams85 · 03-12-2005

Quote:

Originally Posted by jksmith269

For example, Player X is currently in the third year of a four-year deal (1999–2002) that paid him a $1 million signing bonus. In 2001, Player X renegotiates his deal extending his contract to the 2004 season while getting a $2 million signing bonus. The original $1 million signing bonus is allocated at $250,000 per year over 2001 and 2002 just as it would be if there were no renegotiations. However, the new $2 million signing bonus is allocated at $500,000 per year over the remaining two years of the original contract (2001–2002) and the extended two years (2003–2004).

Not quite. The bonus shifts. Here's why.

Original Contract

Year 1 - $2.0 Mil + $500K bonus
Year 2 - $2.0 Mil + $500K bonus
Year 3 - $2.0 Mil + $500K bonus
Year 4 - $2.0 Mil + $500K bonus
Year 5 - $2.0 Mil + $500K bonus
Total - $10.0 Mil + $2.5 Mil bonus = $12.5 Mil

Reworked Contract

If said player has to renegotiate after year one, there's $2 million in bonus left. If the new bonus is equivalent or higher than the remaning bonus, then the base salary would drop. We'll demonstrate to a two year agreement.

Year 2 - $1.0 Mil + $1.0 Mil bonus = $2.0 Mil/Year
Year 3 - $1.0 Mil + $1.0 Mil bonus = $2.0 Mil/Year
Total - $2.0 Mil + $2.0 Mil bonus = $4.0 Mil

You save money in terms of base salary (which gives major cap relief) because the bonus is paid at the end of the year instead of during the year. The unpaid $2 million is still being payed, but shifted to the bonus to ease the cap. It's more managable because the bonus to base salary ratio will pan out if the player was released. You save $1 million now instead of paying $1.5 million the next season.

Now, if the bonus is equivalent or lower than the original bonus, here's how it will pan out. The same two year agreement but with the changes:

Year 2 - $3.0 Mil + $350K bonus = $3.35 Mil/Year
Year 3 - $3.0 Mil + $350K bonus = $3.35 Mil/Year
Total - $6.0 Mil + $700K bonus = $6.7 Mil

You fork up more money in base salary but the bonus is significantly lower. The unpaid bonus went into the base salary because it still has to be paid. A smaller total bonus now with a more hefty base salary in the long run will open up the gate should the player be cut. They pay the $700K bonus now but save a substantial amount in the long run.

Dallas seemingly overpaid because Dallas is thinking about now instead of thinking on down the road. Which will inevitably land us in cap trouble.