Updated contract terms for Sean Lee

[QuincyCarterEra]

So in all likelihood it's a $3.5M deal. Good value

 

[speedkilz88]

Here is the breakdown on Sean Lee’s reworked contract:

Base salary - $2 million
53-man roster bonus - $500,000
46-man roster bonus - $1 million
50% play-time - $1 million
65% play-time - $1 million
80% play-time - $1 million
80% play-time, playoffs - $500,000

His cap number will be $6.01 million, saving about $4 million.

 

[Stash]

So in all likelihood it's a $3.5M deal. Good value

I agree. I'm glad they were able to work something out.

Now, about Crawford and Hurns...

 

[DeaconMoss]

Was he going to be a FA? Or did he just accept a reworked paycut?

If it was a paycut, anyone know the savings?

 

[Longboysfan]

Reworked his contract.

 

[DCCowboys11]

I agree. I'm glad they were able to work something out.

Now, about Crawford and Hurns...

I understand they want to stick by Hurns after his gruesome injury. Players will respect them for that. But truth be told, they’d be better off moving on from him and saving the cap space. Crawford was a terrible deal from the start. He’s a back of role player at best and not worth a 10 million dollar cap hit.

 

[Stash]

I understand they want to stick by Hurns after his gruesome injury. Players will respect them for that. But truth be told, they’d be better off moving on from him and saving the cap space.

Much better off. I have no problem with giving Hurns the opportunity to come back from injury, but his contract has been a joke from the beginning. He was paid over $200,000 per catch last year, and anyone who think that or the $6.5 million he's due this year is a "good idea" needs to have their head examined.

Crawford was a terrible deal from the start. He’s a back of role player at best and not worth a 10 million dollar cap hit.

And they've finally reached the point where a cut actually saves them money rather than costing them money. But apparently, nobody can stand the thought of cutting such a "team guy" so they can't even consider the thought of asking him to take a pay cut.

It's embarrassing that this team is content to grossly overpay a rotational player what other teams are paying for starters.

 

[glimmerman]

Here is the breakdown on Sean Lee’s reworked contract:

Base salary - $2 million
53-man roster bonus - $500,000
46-man roster bonus - $1 million
50% play-time - $1 million
65% play-time - $1 million
80% play-time - $1 million
80% play-time, playoffs - $500,000

His cap number will be $6.01 million, saving about $4 million.

Nice. He knows he won’t be healthy the whole year. I expect to see him in a coaches uniform next year.

 

[ksg811]

Was he going to be a FA? Or did he just accept a reworked paycut?

If it was a paycut, anyone know the savings?

They converted $5MM of his $7MM base salary into incentives, $937.5k of which is likely to be earned and will hit this year's cap, and the rest in in not likely to be earned incentives which will not hit this year's cap, but would hit next year's if reached.

His cap hit is his $2MM base salary + $500k in 53 man roster bonus + $437.5k in 46 man roster bonus ($62,500 * 7 games, which is what he played last year and considered likely) + $3.075MM in restructures from prior years, for a total cap hit of $6,012,500, saving just over $4MM from his original $10.075MM cap hit.

 

[Nightman]

• Per Game Active 53-Man Roster: $31,250 ($500,000)
• Per Game Active 46-Man Roster: $62,500 ($1M, 7 LTBE)
• Playing Time Incentives:
  50%: $1M
  65%: $1M
  80%: $1M
  80% + Playoff Birth: $500,000
  
  
  

 

[Nightman]

Base--------- 2m
LTBE------- 937k
old bonus- 3.07m
Cap Hit ..... 6.01m .......................with a chance to earn another 4m that would hit next year


He was set to get a 7m base salary and have a 10m cap hit....... so he took a big pay cut in exchange for incentives and saved the team 4m on the cap