Page 5 of 14 FirstFirst ... 34567 ... LastLast
Results 41 to 50 of 134
  1. #41
    kevoncox's Avatar
    kevoncox is offline Jersey Retired
    Join Date
    Sep 2007
    Posts
    5,852
    Quote Originally Posted by Purple Floyd View Post
    Name one single team that is signing top core vets to long term contract extensions on a perpetual basis without having to let people go that they would like to keep. You are living in fantasy land if you think a team can do that successfully over any period of time.

    The league is set up that way to prevent teams from loading up with talent and dominating the league for an extended period if time and also to balance out the overall talent on the rosters to make it competitive as much as possible.

    Use you self proclaimed brilliance to enlighten those of us who are operating under the belief that we have finite funds to spend on how you would propose to circumvent the limited money the rest of the league is operating with.


    I am anxiously waiting your enlightenment.
    Your comprehension of my statement translated we have a lot of talent but we are also letting a lot go.... as meaning that we are to resign everyone?

    This is fucking simple....
    The FO has not approached Jared Allen about an extension
    His contract hurt us in FA because we had to cut a team leader, restructure another team leaders contract and missed on not filling out our roster (namely MLB).
    That is the FO'd job and they fucked up. Not only that but our leader on defense is not happy about it. How can he not be happy about making 17 million? Players like to feel wanted, the contract is amazing but it's an issue for him, you can tell by the statement.

  2. #42
    singersp's Avatar
    singersp is offline PPO Newshound
    Join Date
    Sep 2005
    Posts
    52,207
    Quote Originally Posted by kevoncox View Post
    My god....you guys make packer fans look intelligent.
    He said he is not in restructuring his contract.
    That means he is not interested in a reduction in pay.

    Restructuring does not mean extension.
    There is a difference between a contract extension and a contract that is restructured.
    I'm pretty sure Brady restructured his contract & actually got a pay increase, while the team got $15mil in cap relief.

    They could have restructured JA's contract without cutting his pay. This is simply done the same way the Patriot's did it. That is to pay a chunk of his upcoming salaries as a "bonus" & then dividing that bonus over the contract years.

    "If at first you don't succeed, parachuting is not for you"

  3. #43
    MaxVike's Avatar
    MaxVike is offline Team Alumni
    Join Date
    Dec 1969
    Posts
    2,506
    Quote Originally Posted by singersp View Post
    I'm pretty sure Brady restructured his contract & actually got a pay increase, while the team got $15mil in cap relief.

    They could have restructured JA's contract without cutting his pay. This is simply done the same way the Patriot's did it. That is to pay a chunk of his upcoming salaries as a "bonus" & then dividing that bonus over the contract years.
    Ring the bell!

    Persistence and determination alone are omnipotent
    ----------------------------------------------
    As a matter of fact, I do know

  4. #44
    kevoncox's Avatar
    kevoncox is offline Jersey Retired
    Join Date
    Sep 2007
    Posts
    5,852
    Quote Originally Posted by singersp View Post
    I'm pretty sure Brady restructured his contract & actually got a pay increase, while the team got $15mil in cap relief.

    They could have restructured JA's contract without cutting his pay. This is simply done the same way the Patriot's did it. That is to pay a chunk of his upcoming salaries as a "bonus" & then dividing that bonus over the contract years.
    If you are adding years... its an extension.
    If you maintain the same number of years its a restruture.
    Why are we struggling with that....

    Tom Brady, New England Patriots agree on three-year extension - NFL - Peter King - SI.com

    Tom Brady took a huge step today to ensure he'll retire a Patriot, agreeing to a three-year contract extension

    Crunching the numbers on Patriots quarterback Tom Brady’s contract extension - Sports - The Boston Globe

    Crunching the numbers in Tom Brady’s extension

    Tom Brady extension with Patriots includes $30 million signing bonus - SBNation.com
    Tom Brady extension with Patriots includes $30 million signing bonus

    Please get the terms right!

    How ever you are right...they could have extended him and saved money. Apparently... this is unknown to purple floyd and others on this board.

  5. #45
    singersp's Avatar
    singersp is offline PPO Newshound
    Join Date
    Sep 2005
    Posts
    52,207
    Quote Originally Posted by kevoncox View Post
    If you are adding years... its an extension.
    If you maintain the same number of years its a restruture.
    Why are we struggling with that....

    Tom Brady, New England Patriots agree on three-year extension - NFL - Peter King - SI.com

    Tom Brady took a huge step today to ensure he'll retire a Patriot, agreeing to a three-year contract extension

    Crunching the numbers on Patriots quarterback Tom Brady’s contract extension - Sports - The Boston Globe

    Crunching the numbers in Tom Brady’s extension

    Tom Brady extension with Patriots includes $30 million signing bonus - SBNation.com
    Tom Brady extension with Patriots includes $30 million signing bonus

    Please get the terms right!

    How ever you are right...they could have extended him and saved money. Apparently... this is unknown to purple floyd and others on this board.
    Restructuring, from what I understand is when you change the terms of the original contract you are under whether you add years or not. An extension is when you add add years to an existing contract without changing the original contract & tacking on a new contract on the back end.

    Restructuring is actually very simple. It’s basically when a team converts a player’s salary into a signing bonus. For the player (and agent), this is an easy sell. They get the same amount of money except now they’re getting it in up front and it’s guaranteed.
    Extensions work similar to restructures. Players almost never take pay cuts up front in extensions. This is hardly an issue because a new extension means a new signing bonus. Extensions are paid on top of a player’s already existing contract.
    Restructuring Contracts and Extensions | NFL Philosophy

    There's A Tricky NFL Salary Cap Loophole That Every Team In The League Has Figured Out

    Tom Brady and Eli Manning both restructured their contracts last year for the same reason. The Patriots, comically, went so far as to only pay Brady $950,000 in base salary last year (20x less than he's worth on the open market).
    Read more: NFL Contract Restructuring Takes Advantage Of Loophole - Business Insider

    And while you can find articles that call Brady's contract an extension, because some years were added in the restructure, his contract was restructured because it restructured years 2013 & 2014. In other words, he had years remaining on his contract that were changed. What is probably more correct is to say his contract was both restructured and extended.

    Brady restructures deal; why?
    Brady restructures deal; why? - New England Patriots Blog - ESPN Boston

    Brady restructures contract to provide Patriots with cap space
    Brady restructures contract to provide Patriots with cap space - NFL.com

    Brady restructures contract, saves Patriots $7.2m against '12 cap
    Brady restructures contract, saves Patriots $7.2m against '12 cap - Extra Points - Boston.com

    Brady restructures contract, gives Patriots $7M more in cap space

    Brady restructures contract, gives Patriots $7M more in cap space - NFL - Sporting News
    Last edited by singersp; 05-27-2013 at 08:18 AM.

    "If at first you don't succeed, parachuting is not for you"

  6. #46
    singersp's Avatar
    singersp is offline PPO Newshound
    Join Date
    Sep 2005
    Posts
    52,207
    If Spielman's intent is to let JA walk after this year & test the market, then he sure as hell better do something to lock up Everson Griffen this year. Griffen also becomes a FA in 2014 as does Robison, Evans and K-Will, but pretty sure K-Will is gone anyway.

    If Spielman lets them all hit FA in 2014 & goes for "youth and low salary" via the draft, the Vikings could be looking at starting 3 new bodies starting on the DL along with 1 year experienced Floyd, unless they decide to slide over Floyd to K-Will's spot & reinsert Guion into the starting line-up.

    The remaining DL on the current roster looks like this;

    Jackson, Marquis DE 6-5 260 23 0 Portland State
    Johnson, George DE 6-4 265 25 3 Rutgers
    Reed, D'Aundre DE 6-4 261 25 1 Arizona
    Ukwu, Collins DE 6-5 258 23 0 Kentucky
    Baker, Chase DT 6-1 298 25 0 Boise State
    Ballard, Christian DT 6-4 283 24 2 Iowa
    Dawkins, Everett DT 6-2 292 22 0 Florida State
    McCloud, Anthony DT 6-2 322 23 0 Florida State
    Last edited by singersp; 05-27-2013 at 08:57 AM.

    "If at first you don't succeed, parachuting is not for you"

  7. #47
    mountainviking's Avatar
    mountainviking is offline Team Alumni
    Join Date
    Jan 2007
    Posts
    2,775
    But it's not just that simple...

    The thing I think some of you are missing about the restructered/extension, is that it only delays the inevitable. Eventually, those dollars will all count toward our cap.

    For example, Jared Allen is making 14 mil this year with a total cap hit of 17+ due to his signing bonus 5 years ago. Say we want to add 3 years to his deal, instead of his salary this year, we pay him in a fully guaranteed clump that he gets up front as a signing bonus, let's say it stays at 14 mil. Now that bonus only counts 1/4 against the cap this year, so sure, great, for one year his cap hit goes down to 3.5 mil + the other 3.5 we still owe from the last contract for a total of around 7 this season, awesome! Or is it? Because, in the next 3 years he is still going to want to be paid at least 10 mil/year and probably more, say, 12 average? (the pack gave Mathews around 13/year!?!) That means in the next 3 seasons his cap hit jumps right back up to 15.5/year making it much harder on our FO to do the other things all the fans want, like sign a vet MLB or QB in Free Agency, or extend our own guys like Robison and Griffen.

    Again, the FA game has changed, because the cap is flat, and teams no longer have the luxury of signing the big, back loaded contracts of yesteryear without worry because that extra 10+/year of space isn't going to just show up anymore.
    Control the line, control the time, and give your D a chance to shine!!

    "Balance it on end and thats the third side of the coin!!" -wookiefoot

  8. #48
    Purple Floyd's Avatar
    Purple Floyd is offline Jersey Retired
    Join Date
    Dec 1969
    Posts
    16,646
    Blog Entries
    1
    Quote Originally Posted by mountainviking View Post
    But it's not just that simple...

    The thing I think some of you are missing about the restructered/extension, is that it only delays the inevitable. Eventually, those dollars will all count toward our cap.

    For example, Jared Allen is making 14 mil this year with a total cap hit of 17+ due to his signing bonus 5 years ago. Say we want to add 3 years to his deal, instead of his salary this year, we pay him in a fully guaranteed clump that he gets up front as a signing bonus, let's say it stays at 14 mil. Now that bonus only counts 1/4 against the cap this year, so sure, great, for one year his cap hit goes down to 3.5 mil + the other 3.5 we still owe from the last contract for a total of around 7 this season, awesome! Or is it? Because, in the next 3 years he is still going to want to be paid at least 10 mil/year and probably more, say, 12 average? (the pack gave Mathews around 13/year!?!) That means in the next 3 seasons his cap hit jumps right back up to 15.5/year making it much harder on our FO to do the other things all the fans want, like sign a vet MLB or QB in Free Agency, or extend our own guys like Robison and Griffen.

    Again, the FA game has changed, because the cap is flat, and teams no longer have the luxury of signing the big, back loaded contracts of yesteryear without worry because that extra 10+/year of space isn't going to just show up anymore.


    Someone understands.

  9. #49
    Caine's Avatar
    Caine is offline Jersey Retired
    Join Date
    Dec 1969
    Posts
    5,135
    The saddest days I can recall as a Viking fan were always days when a favorite player was either traded or released. The worst was watching Randall go to Seattle. He was my all-time favorite player.

    But, the game goes on.

    The truth is, at the level of compensation these guys are at, their team life expectancy is very short. Hell, Peterson has about 3 more years before they start looking at him cross-eyed, and he's almost our entire offense right now.

    Allen has been a great DE for us. He's been a monster. But he got stuffed last season. Why? Is he falling off? Is it a fluke? We don't know. Maybe the infusion of young talent will help him return to "Awesome"....maybe it won't.

    But is he worth SEVENTEEN MILLION DOLLARS?

    No.

    That amount of money represents 4-5 SOLID players who maybe won't make the Sportcenter highlight reel every week, but will collectively improve multiple aspects of our franchise.

    Truth is, right now his contract is too heavy to trade, and he's too expensive to keep after this. We are probably watching the final season of Jared Allen in purple.

    I'll miss him...but that's football.

    Caine

  10. #50
    Purple Floyd's Avatar
    Purple Floyd is offline Jersey Retired
    Join Date
    Dec 1969
    Posts
    16,646
    Blog Entries
    1
    Quote Originally Posted by singersp View Post
    CK?

    Chris Kluwe isn't with the team anymore.
    Well, then I guess I was right since I was talking about our opponents and not our team mates.

Page 5 of 14 FirstFirst ... 34567 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •