Free Bagel wrote:
GMoney wrote:No No Flux is Definately Correct here.
Singing Bonuses are still part of the cap. In Fact this is exactly how the niners got into Cap Hell.
We gave alot of the money we were offering players in the form of a bonus... then when we cut/traded/released this player we were still stuck with the rest of their Bonus on our cap figure.
Uh, you completely contradicted yourself here.
You said no no no to my post but then said the 9ers got in trouble for signing guys to big bonuses and then cutting/trading
them, which is exactly
what I was saying would get teams in trouble with regards to bonuses.
FB you are right in that signing bonuses still count as cap after a player leaves. Its guaranteed money that the team must pay.
I think he was saying no, no, no to mean that a signing bonus is still counted against your cap before a player is cut or traded.
So in my example before of a player signed for 5 years at $1 million a year and a $10 million signing bonus:
If he were to stay w/ the team for the extent of his contract he would count for $3 million a year. If the team were to cut him after 3 years, for the next 2 years he would count for $2 million a year against the cap.
The link I provided earlier probably describes it much better than I can,