Discussion in 'Fan Zone' started by Common Sense, Feb 9, 2013.
Is it that cut and dry?
Going by Spotrac,
He received a 4 million SB with an 8 million guaranteed contract.
He also received 2.8 total salary from 2011 and 2012 which would leave 1.2 of his 3.0 million base salary in 2013 guaranteed.
4.0 + 2.8 = 6.8
8.0 - 6.8 = 1.2
The contract was signed in Dec 2011; therefore, the 2011 base
is not part of the guarantee.
Guaranteed money already paid:
4M Signing Bonus
1.0M 2012 Base
Total = 5.0M
Guaranteed money remaining to be paid 8M - 5M = 3M.
2013 Base Salary = 3M
2013 Base Salary Guaranteed = Yes.
If we cut sensy you have to add the ptorated signing bonus and guaranteed money.
The prorated signing bonus will be 2.4 million and has 1.2 left guaranteed. That's a 3.6 cap hit if released. Also you do count 2011 since it wad an extension and is psrt of the length of contract.
every post gets more depressing. if i have to see this bum one more time in a cowboys uniform....
No, just because 2011 is part of the contract, does not mean that it is part of the guaranteed money. They can choose to guarantee any year that they choose and not guarantee any year that they choose. For example, the year 2014 is part of the contract and it is NOT guaranteed.
Including 2011 in the guaranteed money would be meaningless when the contract was signed in December of that year.
The remaining prorated signing bonus is 2.4M. If released as a June 1 player, the cap hit from the remaining prorated signing bonus would be:
They can't split the guaranteed base with a June 1 designation; therefore, adding in the 3M guaranteed base salary, you have:
If they could trade him, then the guaranteed base would go to the new team and his all of his remaining prorated signing bonus would accelerate into the 2013 cap. This would be:
The only reason the 2014 isn't guarnteed is because after 2013 all 8 million has been paid. 1.2 million left in guarntees and his salary is 3 million in 2013. simple math
where did you get this info because its wrong, You do not put what year is guaranteed and whats not. You guaranteeing 8 million then your first 8 million is all you get. It was an extension not a new contract so that counts in the overall contract. same with Church new contract. They took an extra 2 million hit this year after extending Church.
2011 year counted. He signed a 6 year deal, it was a 5 year extension.
see 2011 is part of the 6 years so it counts.
you can't get to his 25 million without adding 2011
8 million guaranteed- 4 million bonus= 4 million
2011 salary 1.8 million
2012 salary 1 million
2011 plus 2012= 2.8 million plus the 4 million = 6.8 million
8 million - 6.8 million= 1.2 million of guaranteed money left
prorated signing bonus has 2.4 million left
800,000 over the next three years
2.4 million plus 1.2 million =3.6 million if cut
I can still see us releasing him. He's just a burden back there.
Where's AdamJT13 when you need him? I miss that guy, he's awesome with salary cap stuff.
Xwalker is solid with this as well.
12/9/2011: Gerald Sensabaugh signs a 5-extension worth 22.5M with a 4M signing bonus and 8M in total guarantees.
Spotrac is not always accurate. You can find the original report around the internet. Here is on article that reported the extension:
Here is the breakdown of the extension. It does not include the salary that he was already making in 2011 which was 2.5M. Everything in bold is guaranteed.
(click twice to enlarge)
Looks like, thankfully, 2013 is his last year as a Cowboy.
Great job! It's so much easier to read in this format.
I'm sure AdamJT13 will share his annual salary cap post with us here well before free agency begins in March.
I do happen to have a post from Adam last year about Gerald Sensabaugh that I saved when projecting the 2012 Cowboys' cap.
So Sensabaugh's 2012 and 2013 base salaries were guaranteed for injury but only become fully guaranteed if he is on the roster at the start of the new league year.
So it looks like Dallas can release him this year, if desired.
It just has to be done before the new league year starts March 12th.
I don't know if the team will cut Sensabaugh loose with Barry Church coming off an Achilles' and Matt Johnson remaining a mystery.
Then that's actually a smart contract guarantee by Jerry. Who'd a thunk?
Yea that was added to his 2011 which made it a total 6 year 25 million which you still count the year the extensions was started. Your looking at it wrong as a new deal, but since it was an extension you have to count 2011 since it was a 6 year 25 million contract
They just added 5 year 22.5 to the 2011 contract, which makes it called an extension so you count 2011.
I have no idea what you're talking about. Why are we "counting" years?
It was a 5 year extension to an existing 1 year contract.
The extension was 5 years, 8M guaranteed with 4M as a signing bonus.
The original contract was 1 year, 2.5M. The 2.5M was guaranteed when the 2011 season started.
The total is a 6 year contract with 2.5M in year one and 22.5M in the 5 year extension.
The numbers on spotrac are wrong. They don't even add up. They lost $750,000 somewhere.
In that case, I find it highly ironic that Jerry Jones considers Rob Ryan's defensive scheming "fundamentally unsound" yet sees nothing wrong with structuring contracts so that it costs $3M to keep a player or cut him. Seems like Jerry's forgetting about a fullback out in the flat somewhere.
That's the basic structure of most contracts. Nearly everything written is a three year deal in practice with it costing you $$ to release a guy before the third year, and you breaking even or coming out ahead after that.
So what you are saying is that every long term contract in the NFL is fundamentally unsound.