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Ocho Cinco In B&G

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Old 02-17-2008, 12:17 PM   #1
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Re: Ocho Cinco In B&G

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Originally Posted by EARTHQUAKE2689 View Post
The Mavericks also said "we are not going to trade for Jason Kidd"
Give it up. He is too costly for us and why in the world would the Bengals let him go and take an $8 million hit? We are not playing Madden here. Its simply way too far fetched to happen, and even if it did all it would do is prolong our DB woes and make us have to wait yet again for another season with a 1st round draft pick being used for someone we need. I am convinced that all you CJ in D.C. supporters must see something in the 2009 draft class...
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Old 02-17-2008, 11:53 PM   #2
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Re: Ocho Cinco In B&G

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Originally Posted by Stuck in TX View Post
Give it up. He is too costly for us and why in the world would the Bengals let him go and take an $8 million hit? We are not playing Madden here..
Shhhhhhhhh, a lot of people here don't know that.
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Old 02-18-2008, 01:08 PM   #3
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Re: Ocho Cinco In B&G

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Originally Posted by Stuck in TX View Post
Give it up. He is too costly for us and why in the world would the Bengals let him go and take an $8 million hit? We are not playing Madden here. Its simply way too far fetched to happen, and even if it did all it would do is prolong our DB woes and make us have to wait yet again for another season with a 1st round draft pick being used for someone we need. I am convinced that all you CJ in D.C. supporters must see something in the 2009 draft class...
They wouldn't! I said this about 20 pages ago...they would accelerate his bonus and they would save his cap number from this season, therefore, they would only take about a $3.2 million cap hit according to Sirius NFL Radio
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Old 02-18-2008, 01:11 PM   #4
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Re: Ocho Cinco In B&G

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They wouldn't! I said this about 20 pages ago...they would accelerate his bonus and they would save his cap number from this season, therefore, they would only take about a $3.2 million cap hit according to Sirius NFL Radio
He is under contract with Cincinatti until 2011. They may be able to save the cap hit from this season, but what is the hit they would incur next season? Or the following season?
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Old 02-18-2008, 04:00 PM   #5
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Re: Ocho Cinco In B&G

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He is under contract with Cincinatti until 2011. They may be able to save the cap hit from this season, but what is the hit they would incur next season? Or the following season?
They take none. All of his bonus money hits them when he comes off the books, but his base salary comes here with him. He would no longer count against their cap after this season.
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Old 02-18-2008, 04:17 PM   #6
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Re: Ocho Cinco In B&G

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They take none. All of his bonus money hits them when he comes off the books, but his base salary comes here with him. He would no longer count against their cap after this season.
Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.

One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.
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Old 02-18-2008, 04:37 PM   #7
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Re: Ocho Cinco In B&G

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Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.


One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.
You make it sound as though the Redskins have $128 million in dead money this year, which of course is not true.
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Old 02-18-2008, 04:50 PM   #8
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Re: Ocho Cinco In B&G

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You make it sound as though the Redskins have $128 million in dead money this year, which of course is not true.
I got that number from ESPN:

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Originally Posted by ESPN
The Redskins have managed to remain more competitive despite leading the NFL in "dead" money since 1994 with nearly $128 million, an average of more than $9 million per year, according to an NFL executive with access to league salary information.


Dead money piles up when teams release players before enough time has passed to spread the impact of large signing bonuses across multiple salary caps.


If the Redskins release Brunell, for example, they'll be able to subtract his base salary from the cap, but they'll still have to account for more than $3 million in "dead" bonus money that has yet to count.


The Redskins' dead-money totals have accelerated dramatically since Snyder purchased the team.


Their annual totals were $780,000 in 1994, $1.1 million in 1995, $1.4 million in 1996, $4.2 million in 1997 and $1.3 million in 1998. Subsequent totals have jumped to $7.6 million (1999), $5.7 million (2000), $14.8 million (2001), $13.2 million (2002), $14.4 million (2003), $11.2 million (2004), $20.1 million (2005), $21 million (2006) and $10.7 million last season.
ESPN - How Washington approaches free agency is anyone's guess - NFL

Was just asking that if it was so easy to alleviate dead money, why hasn't it been done?
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Old 02-18-2008, 05:40 PM   #9
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Re: Ocho Cinco In B&G

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Originally Posted by sandtrapjack View Post
Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.

One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.
The bonus money all accelerates into this season, however, that's only signing bonus money. All of the other bonuses (roster or whatever) go away. They don't count because he won't be on their roster, so what I head was, they would have $6 million accelerated into this year. Then, they would either have a relief of 3.2 or 2.8 (can't remember) for this season, so he would only count 2.8 or 3.2 this year. If he's gonna be a headache, $3 million is nothing against the cap to get rid of him.

After that, he would no longer count against the cap. He'd be off the books after this year.
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Old 02-18-2008, 08:09 PM   #10
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Re: Ocho Cinco In B&G

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The bonus money all accelerates into this season, however, that's only signing bonus money. All of the other bonuses (roster or whatever) go away. They don't count because he won't be on their roster, so what I head was, they would have $6 million accelerated into this year. Then, they would either have a relief of 3.2 or 2.8 (can't remember) for this season, so he would only count 2.8 or 3.2 this year. If he's gonna be a headache, $3 million is nothing against the cap to get rid of him.

After that, he would no longer count against the cap. He'd be off the books after this year.
I see what you are saying, but it does not sound right.

The remaining signing bonus money he is owed is in the range of 8 mill, and if traded it is lump sum and counts against the cap.
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