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Redskins "Low-balling" Hall (Allegedly)

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Old 01-26-2009, 04:43 PM   #8
GTripp0012
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Re: Redskins "Low-balling" Hall (Allegedly)

Quote:
Originally Posted by Schneed10 View Post
It would be no surprise to me if it's true that Vinny wants to keep the guaranteed money lower. He has to be concerned about the team's cap situation and knows he needs to keep as much room available to maneuver, or he's going to lose out on free agency altogether.

On a 6 year deal, $12 million guaranteed would take up $2 million in 2009 cap space. $16 million would take up $2.7 million. That's a big difference, an amount that would allow for one additional quality-depth guy in free agency.

It's also quite possible that the Redskins are betting Hall won't be able to do better. Revenue streams are in decline for NFL franchises due to the economy. There may be a lot of teams simply unwilling to pay it.

The way I see it, we should be thanking Vinny here. He's trying to keep a cool head, locking good players up for a reasonable amount. Would you rather he spend $20 million guaranteed on a Nate Clements type like the 49ers did?
Absent a new CBA though, signing bonus money from contracts signed from here through Week 10 of the 2009 season cannot prorate money past 2012.

So this is way more significant than a .7 million difference. A 12 million SB prorated becomes a 3 million hit this year. 16 million SB becomes a 4 million hit this year.

And then the 30% rule makes contracts in this climate a general mess.

I guess the bottom line is that if you combine this with the economy, and this great free agent class is going to get grossly underpaid. It makes sense to free up as much room as possible and get in on the action.
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