Cooley Restructures

[JoeRedskin]

Originally Posted by freddyg12

At the end of the collective bargaining agreement, all bonuses have to be accounted for in one year, correct? That was the situation in the 06 offseason when for a period, we were in cap hell, or maybe cap purgatory better explains it.

W/the cba set to expire & no new deal in place, all of those deals come due essentially. Am I right on this generally? From what I read in 06 that's the way I understand it.

My point is simply that while there isn't a 'ceiling' for these extensions, the whole strategy is dependent upon a cba being agreed to. If the cba expires w/out a new one in place, the Skins would face cap hell for real.

In the last CBA, there was a "nuclear option" written into the agreement - that being to accelerate the bonuses. That was done to encourage a new agreement b/c, it was assumed, no one wanted to deal those consequences. I do not know if such a clause has been written into the new agreement. If not, then when the CBA expires, the salary cap disappears. The only reason it exists is b/c the players agreed to it. Once gone, it will be hard (if not impossible) to replace b/c salaries in the short term will skyrocket.