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Thread: Whats The cap at in 2006

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    Quote Originally Posted by Nublar7
    That is without the definite Howard cut, correct?
    Actually, put the brakes on the R.Howard gets cut idea. I was taking a look at Howard's contract and I realized that he was signed up till 2009! If that is correct, then cutting him may actually be a bigger hit than keeping him or asking him to re-structure. I know that if we keep him that is a cap hit of $3 million this year which is a combination of salary and bonuses. If we cut him before June 1st, we would not owe him the $1 million per year salary but we would owe him ALL OF THE REMAINING BONUSES through 2009! That is 2006, 2007, 2008, and 2009! Just this year's bonuses alone are $2 million! If it is anything like that for the remaining years...we will cost us $8 million to cut before June 1st and probably $4 million after June 1st. So, it looks like we are not cutting him...we are probably going to ask him to re-structure and keep him as the 5th CB behind our New Free Agent, W.Poole, T.Daniels, and S.Mitchell. If he re-structures then he will save us. But if he doesn't...we are fked!!! S.Madison will be cut or traded probably after June 1st as he would only count as a little under $3 million instead of a little over $6 million if we keep him.
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    Quote Originally Posted by Divine
    Actually, put the brakes on the R.Howard gets cut idea. I was taking a look at Howard's contract and I realized that he was signed up till 2009! If that is correct, then cutting him may actually be a bigger hit than keeping him or asking him to re-structure. I know that if we keep him that is a cap hit of $3 million this year which is a combination of salary and bonuses. If we cut him before June 1st, we would not owe him the $1 million per year salary but we would owe him ALL OF THE REMAINING BONUSES through 2009! That is 2006, 2007, 2008, and 2009! Just this year's bonuses alone are $2 million! If it is anything like that for the remaining years...we will cost us $8 million to cut before June 1st and probably $4 million after June 1st. So, it looks like we are not cutting him...we are probably going to ask him to re-structure and keep him as the 5th CB behind our New Free Agent, W.Poole, T.Daniels, and S.Mitchell. If he re-structures then he will save us. But if he doesn't...we are fked!!! S.Madison will be cut or traded probably after June 1st as he would only count as a little under $3 million instead of a little over $6 million if we keep him.
    He isnt going to restructure. Since you looked at his salary, do you see what his contract escalates to? There is no way we are paying our 4th CB that much money. We should just suck up the dead cap hit on Howard and cut him.

    Why would Reggie restructure?

    We are going to cut him.
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    Quote Originally Posted by Philter25
    He isnt going to restructure. Since you looked at his salary, do you see what his contract escalates to? There is no way we are paying our 4th CB that much money. We should just suck up the dead cap hit on Howard and cut him.

    Why would Reggie restructure?

    We are going to cut him.
    I hope

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    Marino is the best QB ever.

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    Nate Clements, Charles Woodson, Ricky Manning, Jerry Azumah, Will Allen, Adam Archuleta, Corey Chavous, Tank Williams, Lance Schulters, and Will Demps are notable free agents in the secondary.
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    Quote Originally Posted by Marino's Mayhem
    Nate Clements, Charles Woodson, Ricky Manning, Jerry Azumah, Will Allen, Adam Archuleta, Corey Chavous, Tank Williams, Lance Schulters, and Will Demps are notable free agents in the secondary.
    Nate Clements Ricky Manning Lance Schulters I would like those three added to the secondary if we can or even resign Schulters and get 1 of the 2 others.
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    Quote Originally Posted by wazzy
    Nate Clements Ricky Manning Lance Schulters I would like those three added to the secondary if we can or even resign Schulters and get 1 of the 2 others.

    Ricky MAnning is another reggie howard from a carolina team no thanks
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