Jason Witten Cap Hit?

Hoofbite

Well-Known Member
Messages
40,575
Reaction score
11,172
Witten would have to pay the full 4.7m signing bonus from the restructure back since he is retiring..... it is the Barry Sanders rule

As soon as Witten gives the money back it is rebated against the cap

Archer is saying that DAL never actually gave Witten any of the 4.7m yet..... it was just on paper
If that is so then he doesn't have to pay anything back and there will be no Dead Money and his cap hit will be 0 this year.......clearing another 2.35m with the Rule of 51 in play

DAL would now be 17m under the cap counting OScan's 2.5m

This would make sense. Thanks for the clarification.
 

Hoofbite

Well-Known Member
Messages
40,575
Reaction score
11,172
Yes, it is a fact.

According to Todd Archer, there has been no proration with Jason Witten's contract this off-season. He was not given a check.

If Archer is correct, all Dallas did was move non-guaranteed base salary from this season into future seasons.

That changed Witten's cap number without issuing any kind of new bonus that would be prorated over the remaining years of the contract.

There was no up front bonus given last year when Wit's deal was extended. Instead, each new year had per game roster bonuses and incentives for receptions and making the playoffs.

That means all of the prorated money against the cap ended last year.

If Archer is correct.

Well, that's what the vast majority of restructures do.

Nightman pointed out the return of the contract so I guess that explains it.
 

Bluefin

Well-Known Member
Messages
8,200
Reaction score
9,658
Well, that's what the vast majority of restructures do.

Nightman pointed out the return of the contract so I guess that explains it.

It's a bizarre deal.

So long as there isn't any new dead money if Jason Witten decides to walk away, it makes no difference to me.
 

Hoofbite

Well-Known Member
Messages
40,575
Reaction score
11,172
It's a bizarre deal.

So long as there isn't any new dead money if Jason Witten decides to walk away, it makes no difference to me.

It is bizarre because if Jason has to return the money (even if only on paper) it's basically the same thing as him never having received the money. Why even do anything to his contract if Jason already had 1 foot out the door? Flexibility at the time, I guess.
 

Nightman

Capologist
Messages
27,121
Reaction score
24,038
It is bizarre because if Jason has to return the money (even if only on paper) it's basically the same thing as him never having received the money. Why even do anything to his contract if Jason already had 1 foot out the door? Flexibility at the time, I guess.
If he had received the 4.7m check things would have gotten hanky but still with a zero sum at the end

Year.......Base......Pro-rate.....Incentives........Cap Hit
2018.......1m..........1.17m..........750k.................2.9m
2019........5m..........1.17m...........1.5m...............7.7m
2020........4.5m........1.17m..........2m..................7.7m
2021........3.5m........1.17m...........3m.................7.7m
He retires but officially waits until June 1st
2018........................1,17m.................................1,17m
2019.........................3.5m..................................3.5m
He would then have to pay back 1.17m for the next 4 years by Week 1
2018.......................................................................0
2019....................................................................2.34m
2020...................................................................(-1.17m)
2021...................................................................(-1.17m)

Since he never officially took the 4.7m signing bonus his cap hit is 0m this year with no future hits
2018,,,,,,5.7m..............................750k..................6,5m
2019........................................................................0m
 
Top