Twitter: Cowboys create cap room with Zeke's contract

[TheMarathonContinues]

Not every team does it with the TB position, a position that tends to see quicker drop off in production, higher rate of injuries, etc.

So sure, restructuring isn't necessarily dumb. Doing it with a high priced TB? Ehhhh.................

I personally don't see much of a difference...He's still able to be let go in 2023.

 

[Hawkeye0202]

More kicking bad contract money down the road as usual by this dumb organization.

New Zeke contract with cap hit and dead money:


2021: $6.82M cap hit $36.9M dead money

2022: $18.2M cap hit $30M dead money

2023: $16.7M cap hit $11.8M dead money

2024: $14.3M cap hit $6M dead money

2025: $17.1M cap hit $1.7M dead money

2026: $16.6M cap hit $0 dead money


So Zeke not going anywhere for at least the next 3 seasons when he turns 29 years old.

Like it or not, I'm willing to bet this was the plan anyway. In fact, I'm sure is no coincidence he spent this offseason working his azz off and Stephen showing confidence in him with the restructure. Also, notice he took more of a leadership role last year when Dak when down.

 

[Sydla]

I personally don't see much of a difference...He's still able to be let go in 2023.

It's nearly $5-6MM more in dead money you have to take if you do want to cut him 2023.

 

[PAPPYDOG]

In time quarterbacks will be making 30% more. And will be having a deal

So you're a fortune teller now?

Madam Whirlwin is his name and fortune telling is his game!!!

 

[ESisback]

Good move!

 

[conner01]

But but but we have tons of cap space?????????

They can make lots of cap space
This is not one I would have done

 

[Doomsday101]

So you're a fortune teller now?

Madam Whirlwin is his name and fortune telling is his game!!!

Even Ray Charles can see that QB pay continues to rise and no reason to think it is changing anytime soon, especially as the cap continues to rise. Dak likely will not be a top 5 contract within the next 2 season. Does not take a fortune teller to see what has been taking place across the NFL over the last several years.

 

[Praxit]

..if Zeke can give us 1400+ yds a year. I dont care how they give his money. ..

 

[fivetwos]

It's nearly $5-6MM more in dead money you have to take if you do want to cut him 2023.

Where did you see that figure?

 

[Rayman70]

we need insurance at center, DT and back up QB. We need 3 players. Get Foles or trade 4 Minshew. Sign a serviceable center. and give Gerald McCoy a call. All very attainable and a fit.

 

[Adreme]

More kicking bad contract money down the road as usual by this dumb organization.

New Zeke contract with cap hit and dead money:


2021: $6.82M cap hit $36.9M dead money

2022: $18.2M cap hit $30M dead money

2023: $16.7M cap hit $11.8M dead money

2024: $14.3M cap hit $6M dead money

2025: $17.1M cap hit $1.7M dead money

2026: $16.6M cap hit $0 dead money


So Zeke not going anywhere for at least the next 3 seasons when he turns 29 years old.

Fans look at these numbers wrong. They look at the dead money hit and think about whether that makes a player uncuttable when what matters is the gains and whether you can upgrade the team more with those gains. For example, in 2023 there is 4.9m in savings to be had by cutting Zeke. Now it is very unlikely you can upgrade the team for 4.9m over Zeke but if he falls off a cliff by then, then of course they will take the savings. It is possible they can upgrade in 2024 with the 8.3m (which sounds like a lot but will probably be what 6m is now so enough for one averageish veteran) which is possible but far from a certainty. There is almost no way though that he says the last 2 years of that deal.

 

[PAPPYDOG]

Even Ray Charles can see that QB pay continues to rise and no reason to think it is changing anytime soon, especially as the cap continues to rise. Dak likely will not be a top 5 contract within the next 2 season. Does not take a fortune teller to see what has been taking place across the NFL over the last several years.

Ya weren't you the member who predicted the covid outbreak hence the reduced cap?
Do you have any tips on the Stock market bud?

 

[Jarntt]

You need to account for spreading dead money over two seasons and the effect of losing the base salary.

They will save over 10m on the 2023 cap by cutting him after 2022, which is already guaranteed anyway.

Yes, there is now 12m in total dead money, up from about 10m.

For 6.8m in cap space now in a season with a very low overall cap, a few extra dollars in 2024 dead money isn't a big deal. The cap will probably increase significantly by then, and if anyone knows league business, it's Jerry.

No worries. Our favorite running back is still on track to be elsewhere in 2023.

It's an additional $5M in dead money after 2022 - $1.72M * 3.

No chance he is cut after 2022 at this point unless the wheels fall off

 

[fivetwos]

Fans look at these numbers wrong. They look at the dead money hit and think about whether that makes a player uncuttable when what matters is the gains and whether you can upgrade the team more with those gains. For example, in 2023 there is 4.9m in savings to be had by cutting Zeke. Now it is very unlikely you can upgrade the team for 4.9m over Zeke but if he falls off a cliff by then, then of course they will take the savings. It is possible they can upgrade in 2024 with the 8.3m (which sounds like a lot but will probably be what 6m is now so enough for one averageish veteran) which is possible but far from a certainty. There is almost no way though that he says the last 2 years of that deal.

The 4.9m savings is if he is not designated as a post June 1 cut.

That's because they would need to eat all the dead money in 2023. They won't do that.

Post June 1 saves 10.9m on the 2023 cap.

He is GONE at that point.

There is more dead money pushed into 2024 but the cap will be much higher then than it is now.

You can't retroactively restructure, so now is the time to create room to push forward into 2022.

Also.....they already did this with everyone possible except Cooper and Lawrence.

That should tell us a thing or two about the likelihood of them being here beyond this season.

 

[fivetwos]

It's an additional $5M in dead money after 2022 - $1.72M * 3.

No chance he is cut after 2022 at this point unless the wheels fall off

Where are you seeing that?

 

[Doomsday101]

Ya weren't you the member who predicted the covid outbreak hence the reduced cap?
Do you have any tips on the Stock market bud?

I predicted nothing of the kind, I did say that the NFL with the new TV contract would double the money the NFL brings in off those contracts and nothing has changed. With the extra revenue from TV contract and streaming service that money will go into the salary cap and the players pocket. Contracts will not be going down anytime soon. You want a stock market tip? sure invest in gold and silver as inflation continues to rise. Glad to be of service

 

[Reid1boys]

Cap rollover champions

we do nothing that everyone else isnt doing.....smh

 

[TwoCentPlain]

I didn't say untying about "preferring" Pollard. I'm speaking on people who actually think he's better than Zeke. Its insulting.

Insulting to who? Insulting to you? Or Elliott? Or Pollard?
I did not receive a memo that Elliott is gifted the RB position and any other thoughts or opinions or criticism on the RB issue are irrelevant and not welcome.

 

[Doomsday101]

The new deals with broadcasters and streaming services pave the way for team owners to add a 17th regular season game to the schedule and to recoup revenue lost with reduced fan attendance in 2020.

The N.F.L. signed new media rights agreements with CBS, NBC, Fox, ESPN and Amazon collectively worth about $110 billion over 11 years, nearly doubling the value of its previous contracts.

The contracts, which will take effect in 2023 and run through the 2033 season, will cement the N.F.L.’s status as the country’s most lucrative sports league. They will also set the stage for the league’s owners to make good on plans to expand the regular season to include a 17th game and charge more for broadcasting rights.

The league’s soaring revenues will aid far-reaching plans for the next decade, a period when team owners hope to expand the N.F.L.’s already robust calendar, make deeper inroads into overseas markets and increase the football audience via streaming services. The N.F.L. is poised to more than recoup the roughly $4 billion in losses wrought by not having maximum capacity attendance at games in 2020.

https://www.nytimes.com/2021/03/18/sports/football/nfl-tv-contracts.html

NFL contracts are not standing still they will continue to rise and Dak contract again within the next couple of years will not even be top 5 for QB

 

[Sydla]

Where did you see that figure?

They converted $8.6MM of his 2021 $9.6MM base salary to a bonus. That $8.6MM is now spread over the next 5 seasons. If you cut him after the 2022 season, he would still have 3 years of that prorated bonus to account for ($1.72M per year) which they would have to advance into the 2023 cap year. Now they could June 1 cut him then which would spread the cap hit out over 2 years but they also couldn't use those cap savings until after June 1 (which might be OK if they are looking at extending a player before a season starts and need that extra cap space). They have now spread $8.6MM into future years and will have to account for it at some point.

FWIW, Spotrac and Over the Cap have already made the adjustments from this restructure.