Quote:
Originally Posted by Mattyk72
That doesn't quite jive with what we've got here, maybe one of our cap folks can comment further.
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I think the difference is that on the sheet there is a 6.5 signing bonus effective in '10. The cap sheet is correct assuming the team executes the bonus. RI classified it as an option bonus so that the team has until 8/31/10 to decide if they want to execute it. If they do, it becomes a signing bonus and the contract extends through '15. If they cut him after '09 they take 4.4MM in dead cap for '10. Or they can keep him for '10 at a salary of 1.95MM and he becomes a FA. My hope would be that Kelly and Thomas blow it up and they can just drop ARE outright but it might not be the worst thing to give ARE a contract year at 1.95MM since that is typically when players perform their best. Also, I think it is wishful thinking to count on Kelly beating out ARE.