Thread: Winny released
03-27-2013, 12:03 PM #141
Well have you guys noticed that other teams seem to have star players with big salaries and still seem to manage to sign championship teams and go to the playoffs and the Super Bowl on a regular basis. ie Patriots/Brady, Ravens/Flacco, Broncos/Manning Packers/Rodgers etc. It is not big contracts that is keeping us from having a championship team. It is not all about the money. You will notice that those guys are all QB's. Who here thinks that Ponder will ever command that kind of money? Our problem is we have a QB who will keep us in the middle of the pack. Not good enough to take us to the big dance and not bad enough to give us elite draft picks. No amount of cap space and FA can fix that unless we use it to get a top QB.
Favre contract highlights cash problems in Minnesota
Posted by Gregg Rosenthal on August 19, 2009, 11:56 AM EDT
The Brett Favre contract technically is a two-year, $25 million deal. Though it’s unlikely that he’ll receive any of the money that he’s due to earn in 2010, he actually will be receiving large chunks of the money he’ll earn over the next several months in both 2010 and 2011.
Per a league source, Favre’s $12 million base salary for the 2009 season will be paid out in three ways. He’ll receive $4 million in the form of periodic paychecks during the upcoming season. He’ll also receive lump sums of $4 million in March 2010 and another $4 million in 2011.
The move suggests that the Vikings are low on cash in 2009, and that they are already tapping into future years to pay for Favre’s services.
And it marks a dramatic departure from the games that teams used to play in order to spend maximum money in the current year, charging the cash to future years’ salary cap calculations.
Simply put, teams previously were cash rich and cap poor. Now, more and more teams are cap rich and cash poor.
The Vikings, for example, still have a little more than $6 million in 2009 cap space, even after counting the full amount of Favre’s 2009 salary against it. But the cash to pay Favre isn’t there; otherwise, he’d have all of the money before the end of the regular season.
As a practical matter, it makes Favre’s deal worth less than $12 million, given the time value of money. (Then again, with interest rates as low as they’ve ever been, the present value of Favre’s 2009 salary won’t be significantly lower.)
Regarding 2010, the Vikings already have committed $4 million of their player budget for services rendered in 2009. If there’s no salary cap (and thus no salary floor) next season, that’s $4 million less the Vikings will spend on player costs.
03-28-2013, 09:57 AM #143
Contract: 1 yr(s) / $16,000,000
Signing Bonus: $4,400,000
Free Agent Type:UFA
Base S. Bonus Misc. Bonus Cap Hit
2010: 11,600,000 4,400,000 - 16,000,000
The release of McKinnie, Madieu Williams and Jimmy Kennedy saved the Vikings around $13.4 million in cap space, with the restructuring of Bernard Berrian’s contract possibly adding to that total.
"If at first you don't succeed, parachuting is not for you"
03-28-2013, 07:22 PM #144
I hope Antoine comes back to Minnesota, he was our best CB last season despite his age.
03-28-2013, 10:28 PM #145
On Twitter is said that Washington is putting the full court press on Winfield. It said that the GM, HC, Defensive Staff, and RG3 were in attendance at dinner and they even showed Winfield a tape of him destroying the Skins. It says he left there without a deal but that the sides are expected to talk over the phone on Friday. I think this looks good for the Vikings chances of bringing him back.
It is said that its basically down to the Skins and Vikes for him. If he left town without a deal after being wooed by all of them, I would think that he either doesn't want to sign there, or he wants to give the Vikes a chance to match a deal first before signing. Either way, I would think we will hear something by tomorrow.
03-30-2013, 12:29 PM #146
Still not a word on Winfield, I am surprised at this.
03-30-2013, 12:44 PM #147
Redskins have less cap space than the Vikings but they need less to sign their draft picks with no 1st round and fewer picks so they are sort of in the same boat as the Vikings so I don't see them making a huge offer to Antoine.
At the moment the market is a bit flat and Winfield could wait for the draft to possibly drive up his value, teams that didn't get the corner they wanted; or he could also wait for the injuries during training camp to boast his value and miss some of those activities that some older veterans aren't overly enamored with.
04-02-2013, 10:13 PM #148
It says that the Skins are still in play for Winfield even after re-signing Hall. It said that Winfield would be more likely to sign now that they brought Hall back, that it would be more appealing to him. It also said that the Skins have around 1 million in cap space BEFORE bringing Hall back. So how in the hell could they afford to bring back Hall, let alone still be in play for Winfield? Unless they have some things working to restructure players, they don't even have enough to sign their draft picks.
It's also very funny that we have heard NOTHING from Winfield since his trip last Weds to the Skins. It never even had a quote from him talking about his experience.
Meanwhile, SF just beefed up their secondary even more.
Nnamdi Asomugha agrees with 49ers | ProFootballTalk
04-03-2013, 02:17 AM #150
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