Sturm: Cowboys to wait until the last minute on Zeke?

[Sydla]

"For the first time in his career, Elliott has no guaranteed money left on his deal, meaning the Cowboys can finally cut bait with the declining running back without absorbing an ungodly dead cap charge."


While Dallas would have dead money cap charges either all in 2023 or spread between 2023 and 2024, you are correct that Zeke would not be OWED any guaranteed money should Dallas release him.

It appears blueblood is looking at the prorated stuff on Elliott's cap for this year and thinking that's actual cash owed to Elliott. It's not.

He said this in a couple of other threads and people pointed it out to him. He's either ignoring them or just hasn't read what people are telling him.

 

[blueblood70]

I've heard a few people say this now, but the more I look into it I'm not sure it's true. All of Zekes guaranteed money has been paid. I think the $5M and $6M are strictly cap hits, not money Zeke would get paid out. I'm not sure Zeke has any leverage here, and the reason that he probably gets brought back at a much lower salary..

from what i understands its bonus money that was pushed out but still owed.,hes not guaranteed any money but its owed bonus money not base salary.

"Dead money for the NFL salary cap is guaranteed cash and bonuses for a player who no longer is on that particular team. The dead money comes from what the player was owed before the team decided to move on."

https://sports.betmgm.com/en/blog/n...ap is guaranteed cash,team decided to move on.

 

[MountaineerCowboy]

You know Zeke will be the starting RB next season.

Jerry can't move on and Dak 100% is vouching for his BFF to stay around.

 

[Carson]

NO best thing is post June 1st cut for our cap..its about TEAM not feelings, he did hold out held Jerry hostage, they dont owe him sqaut,.its business they have to wait to cut him post June 1st..

You can release him anytime you want but still designate him a post June 1st cut.

“Additionally, teams are allowed to designate up to two players per year as post-June 1st designations, even if they are released prior. The rule enables teams to maintain cap compliance during the offseason. However, teams must keep the player’s entire salary cap charge on the books – even though the player is no longer on the roster – until June 2nd.”

https://www.the33rdteam.com/categor...ng-june-1-salary-cap-implications-in-the-nfl/

 

[sunalsorises]

yes that's a good strategy then threaten post June 1st cut meaning he will be way outside the FA period with little options left, BUT he will get 5mil this year and 6 next even if hes not playing, so he has some leverage, thats a nice vacation and severance package.LOL

I don’t think he gets any money. That is just what he counts against the cap if cut. The Cowboys don’t owe him a nickel if they cut him.

 

[Sydla]

from what i understands its bonus money that was pushed out but still owed.,hes not guaranteed any money but its owed bonus money not base salary.

"Dead money for the NFL salary cap is guaranteed cash and bonuses for a player who no longer is on that particular team. The dead money comes from what the player was owed before the team decided to move on."

https://sports.betmgm.com/en/blog/nfl/what-dead-money-nfl-salary-cap-bm07/#:~:text=Dead money for the NFL salary cap is guaranteed cash,team decided to move on.

The bonus was money for signing bonus, option bonus and then the restructure were already paid to Elliott. The only "cash" owed to him is his $10.9 million base salary.

Look at the chart and look at the Cash column. That's what physically was paid to Elliott each year. For 2023, the only cash owed to Elliott is his base salary, which if he's cut, no longer is paid to him.

https://www.spotrac.com/nfl/dallas-cowboys/ezekiel-elliott-18952/

 

[blueblood70]

I don’t think he gets any money. That is just what he counts against the cap if cut. The Cowboys don’t owe him a nickel if they cut him.

thats not how it reads...sorry but ill trust google over some fan base. Go read it depends on the type of money owed ie bonus, guaranteed, base etc we dont know what type is actually in zekes dead cap so we for sure as fan are not CPAS so im sire more details come out soon.

"Dead money for the NFL salary cap is guaranteed cash and bonuses for a player who no longer is on that particular team. The dead money comes from what the player was owed before the team decided to move on."

its owed no, us money that was spread out , no base is owed nothing is guaranteed but dead cap isn't fake money its money OWED as left over bonus.

https://sports.betmgm.com/en/blog/nfl/what-dead-money-nfl-salary-cap-bm07/#:~:text=Dead money for the NFL salary cap is guaranteed cash,team decided to move on.

 

[Sydla]

I don’t think he gets any money. That is just what he counts against the cap if cut. The Cowboys don’t owe him a nickel if they cut him.

blueblood must have me on ignore.

He's not understanding what he's reading. Yes, bonus money still owed if a player is cut still has to be paid if guaranteed at the time of the cut. He's assuming that the pro-rated signing and option and restructure cap charges in each year are actual cash owed to a player. That's false.

Elliott has no guaranteed money left. His bonuses were paid out already. They only owe him base salary. blueblood has continually shown an inability to understand how the cap works.

He also doesn't understand how June 1 cuts works either.

 

[FuzzyLumpkins]

NO best thing is post June 1st cut for our cap..its about TEAM not feelings, he did hold out held Jerry hostage, they dont owe him sqaut,.its business they have to wait to cut him post June 1st..

They changed the rule ~5 years ago so you can cut them after the league year starts and designate it a June 1 cut.

 

[FuzzyLumpkins]

thats not how it reads...sorry but ill trust google over some fan base. Go read it depends on the type of money owed ie bonus, guaranteed, base etc we dont know what type is actually in zekes dead cap so we for sure as fan are not CPAS so im sire more details come out soon.

"Dead money for the NFL salary cap is guaranteed cash and bonuses for a player who no longer is on that particular team. The dead money comes from what the player was owed before the team decided to move on."

its owed no, us money that was spread out , no base is owed nothing is guaranteed but dead cap isn't fake money its money OWED as left over bonus.

https://sports.betmgm.com/en/blog/nfl/what-dead-money-nfl-salary-cap-bm07/#:~:text=Dead money for the NFL salary cap is guaranteed cash,team decided to move on.

Dead money can be future guarantees but most of the time it is just signing bonus and restructure prorations. Here is something that speaks directly to the point:

Under the terms of the contract extension Elliott signed in 2019, he doesn't have any guarantees tied to his salary. So the Cowboys could release him outright and take a salary cap hit for the next two seasons, or they could restructure his contract to make it more team-friendly.

https://www.usatoday.com/story/spor...king-pay-cut-stay-dallas-cowboys/11110956002/

 

[DuncanIso]

This would be disrespectful to Zeke.

I don’t see Jerry doing this.

Zeke is the starter.

 

[thunderpimp91]

from what i understands its bonus money that was pushed out but still owed.,hes not guaranteed any money but its owed bonus money not base salary.

"Dead money for the NFL salary cap is guaranteed cash and bonuses for a player who no longer is on that particular team. The dead money comes from what the player was owed before the team decided to move on."

https://sports.betmgm.com/en/blog/nfl/what-dead-money-nfl-salary-cap-bm07/#:~:text=Dead money for the NFL salary cap is guaranteed cash,team decided to move on.

That's what confused me for the longest time as well, as I've thought something very similar to what you are saying. The math just doesn't add up to support that though in most contracts. it seems like that can be the case often, but I'm assuming restructured contracts and voidable years built in have changed that game a little bit though. It's why Dak is currently set to charge the Cowboys over $21M against the cap in 2025 despite not being under contract. Jerry wont pay him a dime that year as his guaranteed money will have been paid completely after this season, his total contract will have been paid after 2024, but with the restructures they've spread the cap hit out over 6 years instead of the 4 that his contract is written up to be. No way the NFLPA would let teams take a players money they signed for a 4 year deal and let them pay it out over 6.

 

[blueblood70]

That's what confused me for the longest time as well, as I've thought something very similar to what you are saying. The math just doesn't add up to support that though in most contracts. it seems like that can be the case often, but I'm assuming restructured contracts and voidable years built in have changed that game a little bit though. It's why Dak is currently set to charge the Cowboys over $21M against the cap in 2025 despite not being under contract. Jerry wont pay him a dime that year as his guaranteed money will have been paid completely after this season, his total contract will have been paid after 2024, but with the restructures they've spread the cap hit out over 6 years instead of the 4 that his contract is written up to be. No way the NFLPA would let teams take a players money they signed for a 4 year deal and let them pay it out over 6.

Its beyond confusing and betting's there's exceptions and other factors that do pay player after they are cut.

 

[blueblood70]

They changed the rule ~5 years ago so you can cut them after the league year starts and designate it a June 1 cut.

didnt see thing about that here..

https://www.profootballnetwork.com/nfl-post-june-1-designation-what-why-and-how/

 

[FuzzyLumpkins]

That's what confused me for the longest time as well, as I've thought something very similar to what you are saying. The math just doesn't add up to support that though in most contracts. it seems like that can be the case often, but I'm assuming restructured contracts and voidable years built in have changed that game a little bit though. It's why Dak is currently set to charge the Cowboys over $21M against the cap in 2025 despite not being under contract. Jerry wont pay him a dime that year as his guaranteed money will have been paid completely after this season, his total contract will have been paid after 2024, but with the restructures they've spread the cap hit out over 6 years instead of the 4 that his contract is written up to be. No way the NFLPA would let teams take a players money they signed for a 4 year deal and let them pay it out over 6.

Signing bonuses and yearly salaries that are restructured, ie guaranteed so they are prorated, are guaranteed cash. It is just versions of it they have already received and how the accounting works dividing it over 5 years or the remainder of the deal whichever is shorter.

 

[FuzzyLumpkins]

didnt see thing about that here..

https://www.profootballnetwork.com/nfl-post-june-1-designation-what-why-and-how/

In some years, more than 20 players were released after June 1. Some of the big-name players to hit the open market as June salary cap casualties included Hall of Famers Jerry Rice and Kurt Warner. These free agents were at a disadvantage in the market place because most teams had already filled their needs through the NFL draft by this time, and salary cap space was at a premium. As a result, most of the released players couldn't get deals that would have reflected their market value if they had been available at an earlier date.

To rectify the situation, the 2006 NFL Collective Bargaining Agreement included a provision allowing teams to release up to two players each league year prior to June 2 (known as a post-June 1 designation) who were treated under the salary cap as if they were released after June 1. This provision has been in every subsequent CBA, including the current labor agreement.

With a post-June 1 designation, a team is required to carry the player's full cap number until June 2 even though he is no longer a part of the roster. The player's salary comes off the books at that time unless it is guaranteed.

https://www.cbssports.com/nfl/news/...ole-in-helping-teams-manage-their-salary-cap/

It's been that way for a long time. The cap accounting even longer.

 

[Bobhaze]

What is so frustrating about this organization, is they never seem to just simplify their off-season purposes and strategies by centering their actions around getting better and more competitive for a championship.

Jerry loves his guys- especially his teacher’s pets- like Zeke. Keeping him clearly does not make this team better and more competitive for a championship. This draft is incredibly deep with young, talented RBs that could have immediate impact. But the old man struggles to let go of what he loves, and worse, never admits his mistakes. He’s the Naked Emperor personified.

The only thing I hold out hope for is that maybe his recent Zeke talk on the party bus was just a smoke screen for the team’s real intentions. Again, that’s my hope. Do I have confidence that this FO will do the right thing for the team? Based on history, no I don‘t.

 

[FuzzyLumpkins]

Heck, we did it with Collins last year.

https://cowboyswire.usatoday.com/2022/06/02/lael-collins-june-1-rule-cap-space/

Mar 17, 2022

FRISCO, Texas -- After no success in finding a suitable trade, the Dallas Cowboys released right tackle La'el Collins on Thursday and designated it a post-June 1 move.

The move will save the Cowboys $10 million, which will come off the books in June.

Cut in March but treated like a June 1 cut.

 

[Sydla]

That's what confused me for the longest time as well, as I've thought something very similar to what you are saying. The math just doesn't add up to support that though in most contracts. it seems like that can be the case often, but I'm assuming restructured contracts and voidable years built in have changed that game a little bit though. It's why Dak is currently set to charge the Cowboys over $21M against the cap in 2025 despite not being under contract. Jerry wont pay him a dime that year as his guaranteed money will have been paid completely after this season, his total contract will have been paid after 2024, but with the restructures they've spread the cap hit out over 6 years instead of the 4 that his contract is written up to be. No way the NFLPA would let teams take a players money they signed for a 4 year deal and let them pay it out over 6.

Tell blueblood there are no exceptions or other factors here with Elliott.

He should just say whoops, I am wrong and I apologize.

The Cowboys owe Elliott NOTHING if they cut him now. Certainly not $5 million like blueblood is saying.

 

[thunderpimp91]

Heck, we did it with Collins last year.

https://cowboyswire.usatoday.com/2022/06/02/lael-collins-june-1-rule-cap-space/



Cut in March but treated like a June 1 cut.

A couple quick questions on that...Isn't there some sort of limit to how many you can designate each year as June 1 cuts? I thought the league limited it to 1 or 2 per year, but can't confirm that. Also are traded players eligible to be tagged as a June 1 roster move for cap purposes?