Now that I know you can't push signing bonus back into void years as a lump sum and it has to be prorated over a max of 5 years. I thought I would make another contract the right way and see if it was still feasible to pay this guy.
5yr 300mil- 60m/yr... 250m guaranteed 75m signing bonus
He already has 26m in signing bonus from his last contract that has to be added to this years cap hit, because it's not in the void years. The other 29m, or his base salary this year isn't guaranteed and will just fall off the books when he signs his new contract. The void years will be pushed back behind the new contract with the remainder of 40m in signing bonus from his last contract.
2024
9m in base salary, 15m in new signing bonus, 26m from last contracts signing bonus= 50m cap hit
2025
41m in base salary, 15m in new signing bonus= 56m cap hit
So after two years he is still owed 125m in base salary. 250m(guaranteed) - 75m bonus= 175m-50m in base salary over 24-25 seasons= 125m
2026 Restructure- Base salary still owed 125m, signing bonus 15m/yr over next 3yrs, and the 40m in bonus money from his last contract still in void years.
Convert another 75m of base salary into a signing bonus and spread that over the next 3yrs plus 2yrs of void years. You can only spread a signing bonus over 5 years so that 75m would be 15m/yr. 125m-75m= 50m in base salary remaining.
2026
25m in base salary, 15m in original signing bonus, 15m in new restructure signing bonus= 55m cap hit
2027
25m in base salary, 15m in original signing bonus, 15m in new restructure signing bonus= 55m cap hit
By this year 2028 his guaranteed money will have been paid... base salary 9+41+25+25=100 and signing bonus 75+75=150... 100+150=250m
You could trade him this year or cut him post June 1st and you pretty much have to. He would still have 50m in unguaranteed money on the books.
2028
50m unguaranteed base salary, 15m in original signing bonus, 15m in restructure signing bonus= 80m cap hit
Dak has either been traded, cut, or another contract has been negotiated pushing all this dead cap even further back.
Dead money... 40m from before the new contract, 15m from original signing bonus(last one), 3yrs of 15m restructure bonus= 45m
100m in dead money total.
If he is cut or traded the void years would all accelerate to right now so you would owe 100m in dead money.
Dead money can be paid over 2 seasons.
It would be 50m/yr for 2028 and 2029, You wouldn't have Dak anymore but you would still have to pay the 50m/yr like he was still under contract.
At this point you would be paying a rookie QB basically nothing so that dead money wouldn't really be a horrible detriment.
It would give you 4 more years of Dak, He would be 36 years old by the end of the contract and hopefully you could trade him and get a 1st or 2nd round pick out of it. Worst case scenario you have to cut him and you would most likely get a 3rd round comp pick anyway.
This extends your window of trying to win by 4 years, before having to blow it all up and start the rebuild.
This is all convoluted and ambiguous. It wasn't a total waste of my time. I learned how annoying it must be to run the teams finances.
I don't envy the person in charge of player salary and cap management for the team.