Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

That Guy · 03-01-2006, 03:55 PM

Quote:

Originally Posted by Ramseyfan

Yup, about 40% of whom are rookies.

34/47 = 72.34% 1st year rookies

as opposed to the more elusive 2nd year rookie types.

Sheriff Gonna Getcha · 03-01-2006, 04:00 PM

Quote:

Originally Posted by That Guy

34/47 = 72.34% 1st year rookies

as opposed to the more elusive 2nd year rookie types.

I guess I didn't realize we needed that many rookies to get under the cap. I thought the number was closer to 20.

That Guy · 03-01-2006, 04:07 PM

Quote:

Originally Posted by Ramseyfan

I guess I didn't realize we needed that many rookies to get under the cap. I thought the number was closer to 20.

articles have been stating that, but if we cut all 56 players that would save us money and replaced them with 1st year guys, we'd still be 1.4million over the cap (its that bad). That's why the who would you cut thread was a fool's errand.

if there are more restructures or a new cba it won't be so horrible though.

Sheriff Gonna Getcha · 03-01-2006, 04:01 PM

A lot of us owe Brunell (most notably myself, for starting this thread based on the WP article) a gigantic "thank you....I'm sorry."

TheMalcolmConnection · 03-01-2006, 04:03 PM

SORRY MARK. Please reread my apology note I wrote last year.

Sheriff Gonna Getcha · 03-01-2006, 04:08 PM

Quote:

Originally Posted by TheMalcolmConnection

SORRY MARK. Please reread my apology note I wrote last year.

Goes for me too.

dmek25 · 03-01-2006, 04:03 PM

offiss is going to apoligize?

Sheriff Gonna Getcha · 03-01-2006, 04:08 PM

Anyone know how much space we saved?

SmootSmack · 03-01-2006, 04:11 PM

Quote:

Originally Posted by Ramseyfan

Anyone know how much space we saved?

I'm wondering the same thing

That Guy · 03-01-2006, 04:15 PM

if its a restructure (base salary -> bonus and not giving money back) every 500k only saves 200k in cap space. his vet min has to be close to a million, so he could give up to 3mill back and save about a max of 1.2mill for this year, though i doubt its that high.

without a new cba, thats up to 3 starters.

Sheriff Gonna Getcha · 03-01-2006, 04:17 PM

Quote:

Originally Posted by That Guy

if its a restructure (base salary -> bonus and not giving money back) every 500k only saves 200k in cap space. his vet min has to be close to a million, so he could give up to 3mill back and save about a max of 1.2mill for this year, though i doubt its that high.

without a new cba, thats up to 3 starters.

Brunell's base salary this year is $4 million. If he coverted $3 million into a signing bonus, wouldn't that save us $1.5 million in cap space?

That Guy · 03-01-2006, 04:22 PM

Quote:

Originally Posted by Ramseyfan

Brunell's base salary this year is $4 million. If he coverted $3 million into a signing bonus, wouldn't that save us $1.5 million in cap space?

no (i gave an example in a post the cap threads).

here's how a rework (salary -> bonus) has to work.

he gives back 500k in 2006, and to comply with the 30% rule, that means he'd have to give back 650k in 2007. that means 1.15million bonus which can only prorate over 4 years. 1.15mill / 4 = 287.5k a year in bonus. 500k - 287.5 = 212.5k actual savings, or about 40% of what he reworks.

the 30% and extra base salary you're forced to turn into bonus (from 2007) makes restructuring much less useful now than in previous years.

Sheriff Gonna Getcha · 03-01-2006, 04:23 PM

Quote:

Originally Posted by That Guy

no (i gave an example in a post the cap threads).

here's how a rework (salary -> bonus) has to work.

he gives back 500k in 2006, and to comply with the 30% rule, that means he'd have to give back 650k in 2007. that means 1.15million bonus which can only prorate over 4 years. 1.15mill / 4 = 287.5k a year in bonus. 500k - 287.5 = 212.5k actual savings, or about 40% of what he gives up.

the 30% and extra base salary you're forced to turn into bonus (from 2007) makes restructuring much less useful now than in previous years.

Yup, forgot to account for the 30% rule. Duh. Thanks.

CrazyCanuck · 03-01-2006, 04:30 PM

Quote:

Originally Posted by That Guy

he gives back 500k in 2006, and to comply with the 30% rule, that means he'd have to give back 650k in 2007. that means 1.15million bonus which can only prorate over 4 years. 1.15mill / 4 = 287.5k a year in bonus. 500k - 287.5 = 212.5k actual savings, or about 40% of what he reworks.

the 30% and extra base salary you're forced to turn into bonus (from 2007) makes restructuring much less useful now than in previous years.

This is a good analysis factoring in the 30% rule. I'm still crunching thru the numbers to see if we can get additional savings without violating the 30% rule. A $212K savings is so minimal. Gotta be a way to milk a little bit more.

Without the 30% rule we could probably turn that $200K savings into $2M.

That Guy · 03-01-2006, 04:32 PM

Quote:

Originally Posted by CrazyCanuck

This is a good analysis factoring in the 30% rule. I'm still crunching thru the numbers to see if we can get additional savings without violating the 30% rule. A $212K savings is so minimal. Gotta be a way to milk a little bit more.

Without the 30% rule we could probably turn that $200K savings into $2M.

they could actually give millions back and save a whole lot... how many players have done that the last 4 years though? maybe 3?

03-01-2006, 04:01 PM	#4
Sheriff Gonna Getcha Franchise Player Join Date: Feb 2004 Age: 47 Posts: 8,317	Re: Brunell Reluctant to Renegotiate Deal A lot of us owe Brunell (most notably myself, for starting this thread based on the WP article) a gigantic "thank you....I'm sorry."

03-01-2006, 04:03 PM	#5
TheMalcolmConnection I like big (_\|_)s. Join Date: Dec 2004 Location: Charlottesville, Virginia Age: 44 Posts: 19,264	Re: Brunell Reluctant to Renegotiate Deal SORRY MARK. Please reread my apology note I wrote last year. __________________ Regret nothing. At one time it was exactly what you wanted.

03-01-2006, 04:03 PM	#7
dmek25 MVP Join Date: Oct 2005 Location: lancaster,pa Age: 64 Posts: 10,672	Re: Brunell Reluctant to Renegotiate Deal offiss is going to apoligize? __________________ "It's better to be quiet and thought a fool than to open ones mouth and remove all doubt." courtesy of 53fan

03-01-2006, 04:08 PM	#8
Sheriff Gonna Getcha Franchise Player Join Date: Feb 2004 Age: 47 Posts: 8,317	Re: Brunell Reluctant to Renegotiate Deal Anyone know how much space we saved?

03-01-2006, 04:15 PM	#10
That Guy Living Legend Join Date: Jun 2004 Location: VA Age: 43 Posts: 17,620	Re: Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal") if its a restructure (base salary -> bonus and not giving money back) every 500k only saves 200k in cap space. his vet min has to be close to a million, so he could give up to 3mill back and save about a max of 1.2mill for this year, though i doubt its that high. without a new cba, thats up to 3 starters.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

Brunell Reworks Deal (FKA "Brunell Reluctant to Renegotiate Deal")

Locker Room Main Forum