Quote:
Originally Posted by CrazyCanuck
Just did a cap sheet update. Should be available on the site in the next couple days.
With all the new signings and the Carter /Randle-El extensions I have us at $624K over the cap.
- For the new guys, all the salaries are up to date. I don't have any bonus info for them yet but any bonuses for these guys would be negligible.
- Carter's salaries were updated. They weren't high to begin with so it doesn't really affect his future cap numbers. From what I can tell he converted his $2.5M 2009 roster bonus to signing bonus (5 year proration). This saves $2M against the 2009 cap. That plus a $500K reduction in 2009 salary reduces his 2009 cap number by $2.5M similar to the article posted in the other thread.
- Randle El's salaries were updated. They were a lot higher than Carter's to begin with so he took big salary decreases in 2009 and beyond. Based on the article it seems he converted $2.5M of his 2009 salary to signing bonus, for a net 2009 cap savings of $2M. I also suspect he converted his future salaries to roster bonuses in 2010 and beyond, similar to what Carter has. I don't have the bonus info yet so Randle El's future cap hits are likely higher than currently listed on my sheets.
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Thanks a million for the update... looks like smart moves on the part of the FO if we can get under the cap and thus not show our hand on cutting anyone yet.