Originally Posted by Hoofbite
How is Carr slotted for 3M when he has SBs of 2M attributable for the years of 2014, 2015, 2016?
That was an example of what Brandon Carr's new signing bonus pro-ration would be following his upcoming restructure, not his total cap number.
Carr is currently shown with a $16.3M cap number ($14.3M base salary, $2M signing bonus) in 2013.
The base salary is already guaranteed because the team intended all along to convert into a second signing bonus to help with the salary cap.
I don't know if Carr's salary will drop to the veteran's minimum or a slightly higher number.
As an example, if it is dropped to $1.2M, the remaining 13.1M will convert to another signing bonus and pro-rate over the next five years (2.62M per yr).
Add Carr's base salary ($1.2M), old signing bonus ($2M) and new signing bonus ($2.62M) to get his new cap number, $5.82M.
This example would save Dallas $10.48M against the cap in 2013.