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Portis staying?

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Old 01-25-2010, 03:48 PM   #11
Slingin Sammy 33
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Re: Portis staying?

Quote:
Originally Posted by GTripp0012 View Post
I think the difference is either pro-rated bonus money (my guess) or recoverable bonus money (not likely). I know the 6 million figure represents a base salary figure that Vinny guarenteed to Portis in exchange for re-doing his contract last February.

It was written into the CBA that in the last capped year, contracts could only be restructed to players if their salaries were guarenteed through the uncapped year. The reason for this is pretty intuitive.
Our cap sheets show a salary of $ 7.1M and a cap bonus of $ 2.9M. I believe the cap bonus is due by the start of Free Agency (March 5th), so we'll know if Portis will be with us by then.

Schneed or CrazyCanuck can correct me if I'm wrong on this.
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