Panthers in talks w/Josh Norman about extension

[panthers55]

What I was thinking 10m signing bonus, year 1 & 2 base salary partially guaranteed

Yeah I figured that the first year salary would be peanuts given he got the signing bonus up front and you wouldn't give him a huge 2nd year salary, you would have to be guaranteeing some of his year 3 salary before you got it all paid out. Depends on the total amount guarantee I suppose.

[AU-panther]

Seems most of the posts are talking about how much his yearly salary will be when that is really the easy part. The hard part is the guaranteed money which is all that really matters these days. If we can sign him for 4 years for no more than 10 million in signing bonus and not much more guaranteed. His yearly salary can be whatever they want it to be. It can always be renegotiated and if he disappoints we are not our a ton of dead money down the road.

 

While I agree with what you are saying about guaranteed money being important I wouldn't say it is "all" that matters.  If the salary part is also high and you are constantly restructuring it you are going to end up with a lot of dead money anyway.

[panthers55]

While I agree with what you are saying about guaranteed money being important I wouldn't say it is "all" that matters. If the salary part is also high and you are constantly restructuring it you are going to end up with a lot of dead money anyway.

Yearly salary doesn't matter as much as how it is structured. You are right that restructuring keeps back loading the salary but by the time his yearly salary would get that high he will be going on 31 and if he is playing at a high level we can restructure and still reduce the cap that year without increasing the dead cap,space that much. So he is 32 and we can either extend him again or move on and in the process afford keeping him around. I could be wrong but I think players want to play for Rivera and want to stay here perhaps enough for a modest hometown discount.

[AU-panther]

Yearly salary doesn't matter as much as how it is structured. You are right that restructuring keeps back loading the salary but by the time his yearly salary would get that high he will be going on 31 and if he is playing at a high level we can restructure and still reduce the cap that year without increasing the dead cap,space that much. So he is 32 and we can either extend him again or move on and in the process afford keeping him around. I could be wrong but I think players want to play for Rivera and want to stay here perhaps enough for a modest hometown discount.

 

Restructuring doesn't back load salary, it backloads the cap hit.  That is the exact thing that makes it hard to move on from a player.

[Mol3m4n]

I'm glad that we got Gettleman instead of 80% of the people in this thread.

[uncfan888]

I'm glad that we got Gettleman instead of 80% of the people in this thread.

Only 80%?

[Ivan The Awesome]

There's no point to speculize about this now guys.

[TheNewStandard]

The "flying Photo Bomb" aka Josh Norman.

That will forever make me chuckle.

[panthers55]

Restructuring doesn't back load salary, it backloads the cap hit. That is the exact thing that makes it hard to move on from a player.

It lowers his salary and total cap hit for that year and converts the salary to more signing bonus which is prorated over the life of the contract. So it does back load that salary amount into guaranteed funds which must be paid which is back loading guaranteed salary. That amount is dead cap money if we cut him. But why would we restructure unless he was performing well at which point we are not wanting to cut him. If you are restructuring to lower his cap hit because his salary and already prorated signing bonus is too high and you can't cut him because the already guaranteed amount would convert to dead cap money, the problem is the guaranteed amount not the salary. You want the majority of what you are paying in non guaranteed funds so you can cut a player without a big consequence.

[MV%doe]

Josh is special case, this could be his only shot at a big payday(given his age). Its going to take a usual deal, I hope his agent understands that. Adding the odd formula, is joshs history. Joshs had a 2014 season as his career, roller coaster. Sure right now he's playing super good, but the past is not pretty.

I don't know what a "fair" deal is for him. Plus given the unstable cap, farther complexes this contract.

[Happy Panther]

4 yr, $32M,  $8M guaranteed,  would be my guess.            With a ton of escalators in there. 

 

Seems about right. 

[4Corners]

the light has appeared to go off for Norman - and we needed it. He was a big part of our strong finish this season. Lock him up and don't allow him to test the waters. don't want to get in a bidding war for this guy. 

[4Corners]

Josh is special case, this could be his only shot at a big payday(given his age). Its going to take a usual deal, I hope his agent understands that. Adding the odd formula, is joshs history. Joshs had a 2014 season as his career, roller coaster. Sure right now he's playing super good, but the past is not pretty.

I don't know what a "fair" deal is for him. Plus given the unstable cap, farther complexes this contract.

 

Yeah - if you made a list of good vs bad with Norman, I think there would be more negatives. Hopefully the light has switched on for good with him. Someone posted a guess of around 32 million for him which in my opinion is too much for an up and down player who has been in the dog house more times than the team would probably like. 

[cgarsmoker]

Yeah - if you made a list of good vs bad with Norman, I think there would be more negatives. Hopefully the light has switched on for good with him. Someone posted a guess of around 32 million for him which in my opinion is too much for an up and down player who has been in the dog house more times than the team would probably like.

Shutting down Josh Gordon, Mike Evans, and Julio Jones twice to end the year makes up for A LOT of past negatives. Just sayin....