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Originally Posted by jterrell
Carr:
We gave him 10m last year and thus eat 2m of that this year regardless.
If we take his 14 and convert that to bonus he is still due another ~3m this year in pro-rated. So he is at 5 m without a base salary. That is also without any workout or reporting bonuses that almost always exist in these big deals.
The 5.9 m is the lowest possible cost and presumes a lot of things we do not know to be true. Again, as I stated, the rosy outlook on it. My guess is his cap hit this year is at least 7m and probably more in the 7.75 range.
Truth is we may well want to cut Carr in a season or two. Now in a Tampa 2 4-3 we may want to shift dollars to other positions and get cheaper at CB.
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I doubt that reporting and workout bonuses are going to hit the mill to 1.75 mill mark. You can argue that the numbers might be 100k higher but 1.75 mill is off the mark.
Carr isn't going anywhere. The Tampa 2 can get by with corners who can't cover -- but it really thrives with guys that are great in coverage. Barber, Tillman -- those sort of guys could play in any defense, just like Carr.
Quote:
Originally Posted by jterrell
Connor: I assume he is cut but in this 4-3 we may want to keep him. We owe him money either way as he got a short term deal with a bonus. Cutting him doesn't save us much money really. Not enough to warrant cutting him and replacing him with a veteran of more than a year or two. If he were outplayed by Caleb or some such of course we could cut him. But Ernie Sims over Connor is a break even deal money-wise at best.
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That's just not accurate. Cutting Connor saves us 3 mill dollars. Is anyone giving Sims a $3 mill deal next year? Highly doubt that.
Quote:
Originally Posted by jterrell
Sensy: He had 8m in guaranteed money in his deal. If we hand him his 3m this year as a bonus he has only 4 years left to divide it up. So he will cost about 2.5M or so again minimum assuming he hit zero incentive pay marks and had zero reporting or attendance bonuses built in.
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When we convert salary to bonus we routinely add an option year to allow the money to be spread over the full 5 year limit. So it is closer to 1.4 mill in that scenario. His deal, if we keep him at all, is prime for that sort of restructure as there is very little bonus money charged against the cap (2.25 mill). He may well get cut though as his remaining guarantee and bonuses are close to wash with his base.
Quote:
Originally Posted by jterrell
I believe the number is really 10m and that means we have just enough money to franchise Spencer and hold his rights while we negotiate. We'll likely use the Free June 2nd money to pay our rookies so that's a wash all off-season.
We won't really have cap space until we either re-sign or release our hold on Spencer.
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Believe what you believe, I expect we will see otherwise.
I do appreciate the perspective you bring though - a far cry from the folks who hear "over the cap" and start flipping out.