Last Year’s Draft

[Toomers]

20 minutes ago, Waldo said:

Nope. Post 6/1/18 designated release at the beginning of 2018 year.

2018 Dead Cap: $6,150,000

2019 Dead Cap: $14,700,000

2018 Cap Savings: $750,000

They kept him and now we are looking at these numbers as a post 6/1/19 cut:

2019 Dead Cap: $4,900,000

2020 Dead Cap: $9,800,000

2019 Cap Savings: $7,250,000

Dead cap of $14.7 million now versus $20.85 million if done in 2018. It's awful but our owner was awful and the GM and coach had a relationship that resembled a sinking ship on fire. Plus his big bro had a hand in it by actually lobbying for the dead wight that is his brother.  

Hurney has no choice. And we were paying the money no matter what. Just a matter of when. Cutting Kalil before the season wouldn’t have changed anything. There was no out or escape 

[carpanfan96]

here

 

This is where the error comes from. 

 

The mistake appears in the fully-guaranteed 2018 base salary, which per NFLPA records is $1 million. Per a source with knowledge of the deal, it’s actually $11 million.

The face of the contract shows that the $11 million salary drops to $1 million once a $10 million option bonus is exercised in 2018.

So Kalil will get $24 million fully guaranteed at signing. And as a practical matter the Panthers can move on after giving him $24 million over two years, because after that it essentially becomes a year-to-year contract.

[carpanfan96]

2 minutes ago, top dawg said:

Kalil, again? Say it ain't so. LOL

 

yea, contract was God awful. 24m over 2 years and all of it fully guaranteed. salary in 2019 fully guaranteed for injury as well. 

[Waldo]

19 minutes ago, carpanfan96 said:

here

 

This is where the error comes from. 

 

The mistake appears in the fully-guaranteed 2018 base salary, which per NFLPA records is $1 million. Per a source with knowledge of the deal, it’s actually $11 million.

The face of the contract shows that the $11 million salary drops to $1 million once a $10 million option bonus is exercised in 2018.

So Kalil will get $24 million fully guaranteed at signing. And as a practical matter the Panthers can move on after giving him $24 million over two years, because after that it essentially becomes a year-to-year contract.

I get a redirect notice from that link but it's honestly not surprising. Everything about this contract and all of the people involved failed. Wrong NFLPA records, sources. Fug, what a waste of everything

[heel31ok]

looks like somebody is dusting off the old snowboard for next season!

[Waldo]

45 minutes ago, Toomers said:

Hurney has no choice. And we were paying the money no matter what. Just a matter of when. Cutting Kalil before the season wouldn’t have changed anything. There was no out or escape 

My stance was I just wanted to flush the toilet sooner. There was going to be dead money, it was worth it for him not playing for us anymore. 

[heel31ok]

On 1/6/2019 at 11:50 AM, top dawg said:

Well, then you're just not as smart as I thought you were. I'll have to take that into consideration in the future.

lesson learned...