Archuleta traded to Bears for 6th round pick

[FRPLG]

Originally Posted by Schneed10

Regarding Archuleta's contract, did you guys notice that his deal with Chicago will include $5 million in guarantees? So says the ESPN article.

$5 million is exactly what we owed him tomorrow when the second half of his guaranteed money was due to him.

I await the numbers from La Canfora, but I'd venture to guess that somehow the Skins managed to transfer that $5 million payment over to the Bears. If true, the 'Skins would be taking a $4 million dead cap hit this year on Archuleta, meaning making the trade only ate up $1.7 million of incremental cap space, meaning we'd be sitting here with about $8 million in 2007 cap space.

Maybe CC knows if such a transfer of guaranteed payments can be done under the new collective bargaining agreement?

It bears watching. But if I had to bet, I'd guess that we are not eating the full $9 million in dead cap money. I think we probably got out of some of that somehow.

Curious that all rumblings regarding Dre Bly have been silent to this point... if we've resolved Archuleta without taking a huge cap hit from him then the door is open for Mr. Bly.

ALL SPECULATION ON MY PART. But my speculation is probably more accurate than anything on PFT!

Sounds like the 5 mil we owed got passed on to them and they probably redid his deal so he still got it but in broken up bonuses over the next few years. This way he doesn't take a salary cut really and we don't take the 5 mil cap hit.

I am pretty sure this deal wouldn't have happened unless Snyder could avoid paying him the 5 mil. He'd be paying 5 mil to a guy he was getting rid of. If they HAD to pay the 5 mil there's just no way they get rid of him. They use him as a damn tackling dummy at the very least to get some value.

[Skins4Eva]

ill make this short and sweet because i know this is going to get ripped but....we'd be crazy not to sign LaRon Landry...guy is in the mold of Sean Taylor but FASTER...i know everyone is clamoring about the D line but think about it...with athletic safeties like that u could potentially bring two line backers in a blitz every down!! I m sure Greg Williams can come up with some real chaotic and exotc blitz packages if he didnt have to worry about downfield coverage.

[Smurf85]

Good move glad to see he's gone.one less thing to worry about for next year.The Skins relize that we aren't going to us him and he was a bust.So they did what the could to fix it.Sounds like we came our pretty good.i could careless about the pick it was the contract i was worried about.Its sounds like they took care of that pretty good.Lets hope they take some of that money and give it to Cooley for a long term deal.

[CrazyCanuck]

Originally Posted by Schneed10

Regarding Archuleta's contract, did you guys notice that his deal with Chicago will include $5 million in guarantees? So says the ESPN article.

$5 million is exactly what we owed him tomorrow when the second half of his guaranteed money was due to him.

I await the numbers from La Canfora, but I'd venture to guess that somehow the Skins managed to transfer that $5 million payment over to the Bears. If true, the 'Skins would be taking a $4 million dead cap hit this year on Archuleta, meaning making the trade only ate up $1.7 million of incremental cap space, meaning we'd be sitting here with about $8 million in 2007 cap space.

Wow! I just saw this now.

Schneed, looks like you were right on. From the Post:

washingtonpost.com

"The Redskins and Archuleta agreed to postpone his original deadline of March 12 to receive his bonus payment in order to facilitate a trade, and the Bears, whose coach, Lovie Smith, has a strong relationship with the safety from their time together in St. Louis, ultimately agreed to pick up that $5 million payment as part of the deal, sources said, beating today's new deadline for the option."

IMO this is UNBELIEVABLE!!! Snyder pulled a real coup here. I don't know how we convinced them to give us a 6th rounder AND take the $5M bonus payment.

Originally Posted by Schneed10

Maybe CC knows if such a transfer of guaranteed payments can be done under the new collective bargaining agreement?

I didn't know they could but I'm loving it!

I'm not sure if it's a change in the CBA, or if Snyder's just getting smarter with the signing bonuses, but it's been a trend with our recent signings. Arch, Randle-El, Carter, Lloyd, Samuels, Rabach, Patten, Jansen, Thomas, Moss, Taylor all had their signing bonuses split over the first 2 years of the contract. I figured this was just a way to delay some money past the current year, but now I see how valuable it can be. If you screw up on a guy (Arch), you still have time to recoup some of the signing bonus.

As Frank the Tank once said, "It's genius!"

[FRPLG]

Originally Posted by CrazyCanuck

Wow! I just saw this now.

Schneed, looks like you were right on. From the Post:

washingtonpost.com - nation, world, technology and Washington area news and headlines

"The Redskins and Archuleta agreed to postpone his original deadline of March 12 to receive his bonus payment in order to facilitate a trade, and the Bears, whose coach, Lovie Smith, has a strong relationship with the safety from their time together in St. Louis, ultimately agreed to pick up that $5 million payment as part of the deal, sources said, beating today's new deadline for the option."

IMO this is UNBELIEVABLE!!! Snyder pulled a real coup here. I don't know how we convinced them to give us a 6th rounder AND take the $5M bonus payment.



I didn't know they could but I'm loving it!

I'm not sure if it's a change in the CBA, or if Snyder's just getting smarter with the signing bonuses, but it's been a trend with our recent signings. Arch, Randle-El, Carter, Lloyd, Samuels, Rabach, Patten, Jansen, Thomas, Moss, Taylor all had their signing bonuses split over the first 2 years of the contract. I figured this was just a way to delay some money past the current year, but now I see how valuable it can be. If you screw up on a guy (Arch), you still have time to recoup some of the signing bonus.

As Frank the Tank once said, "It's genius!"

Bonuses count against whoever pays them so when we agreed to delay it and then traded him the Bears were on the hook for the payment and therefore the cap ramifications. I think paying a 5m bonus wasn't in their plans so they just reworked it to be several bonuses. He loses no money just doesn't get it all at once and he gets to play where he wanted to all along.

As for JLC's post in the blog I am somewhat disappointed. I tend to agree with most of what he says but I think in this case he is letting his emotions take over. I'll agree that on the face of it it sounds weird to trade a guy just to have his cap hit bigger this year but he basically minimizes the future cap savings, minimizes the not having to give the guy 5m, and minimizes the effect this guy could have had as a distraction this season. I seem to remember on several occasions him making positive comments about Arch and his demeanor but in the end Arch comes off to me as a much more insidious type cancer.

He clearly didn't want to be here. He didn't like that he wasn't going to start and then when he had to be an every down safety he didn't like that the scheme made him have to do something he wasn't good at. He had to cover and it made him look bad. Real bad. And then he gets mad because he feels hung out to dry by the coaches who I don't even remember once saying anything negative about him. Don't get me wrong the coaching should bear some responsibility here but as a professional he needed to man up and just do his job. Your a f*cking safety in the NFL and you can't cover! That's YOUR JOB dumbass. Stop getting all pissed off and go do your job. Don't weasel around and look all high and mighty by "taking the high road" and then do an off the record interview for ESPN basically throwing the entire coaching staff under the bus and expect them to be ok with it. It's called loyalty and just because you perceived that they didn't show you any deoesn't mean you aren't wrong. They're trying win football games and when one guy has made SERIOUS errors constantly don't think they aren't going to make changes. He should have felt "Well I am losing my job but at least no one has clled me out publicly. At least they're handling this internally." But no he just gets all pissy and acts like a baby because no one is holding his f*cking hand and treating him like the little bitch kid he is. He's probably lucky that Williams didn't have a hit taken out on him after the Friend article. The guy had to go. He was a distraction whether JLC wants to admit it or not.

Rant over.

[Schneed10]

Originally Posted by CrazyCanuck

Wow! I just saw this now.

Schneed, looks like you were right on. From the Post:

washingtonpost.com - nation, world, technology and Washington area news and headlines

"The Redskins and Archuleta agreed to postpone his original deadline of March 12 to receive his bonus payment in order to facilitate a trade, and the Bears, whose coach, Lovie Smith, has a strong relationship with the safety from their time together in St. Louis, ultimately agreed to pick up that $5 million payment as part of the deal, sources said, beating today's new deadline for the option."

IMO this is UNBELIEVABLE!!! Snyder pulled a real coup here. I don't know how we convinced them to give us a 6th rounder AND take the $5M bonus payment.



I didn't know they could but I'm loving it!

I'm not sure if it's a change in the CBA, or if Snyder's just getting smarter with the signing bonuses, but it's been a trend with our recent signings. Arch, Randle-El, Carter, Lloyd, Samuels, Rabach, Patten, Jansen, Thomas, Moss, Taylor all had their signing bonuses split over the first 2 years of the contract. I figured this was just a way to delay some money past the current year, but now I see how valuable it can be. If you screw up on a guy (Arch), you still have time to recoup some of the signing bonus.

As Frank the Tank once said, "It's genius!"

I agree, I posted comments in another thread which are applicable here in this one, so I'll paste:

If I can add one comment, absolutely genius move by the 'Skins.

- We cleared his contract off the 08 and 09 years, which helped immensely because our cap was getting heavy in those years.

- We got rid of a huge free agent mistake without taking a huge cap penalty.

- We actually got a 6th round pick for someone who is a complete bum in our system.

Setting up Archuleta's deal as $5 million guaranteed up front, and $5 million guaranteed one year later is what allowed us to make this move. If we had given him all $10 million up front, this move would have been impossible. Genius contract structuring by our front office, showing that they know how to plan for contingencies when going after free agents. It shows they actually put thought into what they're doing, rather than just running willy-nilly and buying up every player in sight.

Bravo, Danny, bravo.

[CrazyCanuck]

And I don't mean to toot my own horn, but I think I will.

See the bottom of this post:

http://www.thewarpath.net/redskins-l...tml#post287577

Do I win a Warpath t-shirt or something? Maybe a piece of pie?