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Panthers sign Eric Reid to 3-year contract


UNCrules2187

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6 minutes ago, Toomers said:

And I brought that up in my first response to you. Well before we became forging retards. All you had to say was that was what you were talking about. And LG did the same. Still nothing. Now that’s what your talking about? Sure. Go with that. You still need to explained how base salary knocks off guaranteed money. 

Knocks off how? You said if he was cut he would be paid his base salary plus guaranteed money plus his signing bonus. I was pointing out that his guarantee would have been met and it's not some separate sum owed to the player. It's just a representative figure of what is required to be paid. Often this is met entirely in the signing bonus. I was not speaking to cap ramifications at all. His cap hit when cut will depend on structure and how his signing bonus is prorated.

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5 minutes ago, LinvilleGorge said:

Yes, ujder some circumstances teams can guarantee salaries for some years.

Under no circumstances is there a situation with a signing bonus when a contract's guaranteed money fulfilled once a player is paid out a certain sum of money. Signing bonuses are guaranteed no matter what as long as the player doesn't do something to nullify the contract.

Who ever said signing bonuses aren't guaranteed? In a lot of cases the guaranteed requirement is met entirely by the signing bonus. This cap hit being prorated for the duration of the contract and any that remains unaccounted for at the time of the players release is accelerated at applied to the cap then 

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3 minutes ago, Black&BlueBubba said:

So what does this mean for Searcy?  Can he play FS?  I know he dropped weight before when he came here.  Could we be set with Reid and Searcy?  

And what does that say about the confidence in the Gualden draft pick?  

Hopefully they cut Searcy ..

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4 hours ago, Thelt said:

Meh, another reason not to care about the Panthers next season or the NFL in general.  I skipped the super bowl this year for the first time in a long time.  Blue Lives Matter!

don't let the door hit ya where the good lord split ya

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2 minutes ago, Floppin said:

Knocks off how? You said if he was cut he would be paid his base salary plus guaranteed money plus his signing bonus. I was pointing out that his guarantee would have been met and it's not some separate sum owed to the player. It's just a representative figure of what is required to be paid. Often this is met entirely in the signing bonus. I was not speaking to cap ramifications at all. His cap hit when cut will depend on structure and how his signing bonus is prorated.

   Show me where I said that? Which post? And I knew you still were clueless. You are still at square one. 

   Question:  Reid plays this year at 7M base salary. That plus the prorated 3.3M from his bonus that’s 10.3M of salary and bonus. If we cut him after the season, how much do we owe him? If anything?

  Simple enough? Just prove your theory.

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18 minutes ago, Toomers said:

   Show me where I said that? Which post? And I knew you still were clueless. You are still at square one. 

   Question:  Reid plays this year at 7M base salary. That plus the prorated 3.3M from his bonus that’s 10.3M of salary and bonus. If we cut him after the season, how much do we owe him? If anything?

  Simple enough? Just prove your theory.

Well they would accelerate 6.6 against the cap in dead money. As to how much we actually owe him depends on if they gave him his signing bonus entirely up front or not but if the paid him in the same structure as his prorated cap hit they would also still owe him 6.6.

This is why contracts are typically backl loaded with regards to base salary. Each year paid into the guarantee prorate reduces the dead money liability.

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1 hour ago, Toomers said:

And it 24M if he hits incentives. Not 22M. Try to keep up. 

 And as people have repeatedly said, how much you paying him this year as a base salary. Or next. Or the last? That all adds to the 10M. Plus dead cap if you cut him. 

You asked me to point this out so here you go. You said it all adds to the 10 million plus dead cap. That's impossible as the 10 million, or what would remain of it, is the dead cap.

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1 minute ago, Floppin said:

Well they would accelerate 6.6 against the cap in dead money. As to how much we actually owe him depends on if they gave him his signing bonus entirely up front or not but if the paid him in the same structure as his prorated cap hit they would also still owe him 6.6.

This is why contracts are typically backl loaded with regards to base salary. Each year paid reduces the dead money liability.

Ok. Yes. Perfect.  Which is why I, and others are wondering about comments like “once he’s paid that amount, he can be cut with no penalty” and base salary counts as guaranteed money? 

 It’s not like you just confused one person. No one knew what you were talking about. And I mentioned guaranteed base salaries. But you declined to acknowledge. So which is it. Because you didn’t answer that question with the same ideas you have said on here. 

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8 minutes ago, Floppin said:

You asked me to point this out so here you go. You said it all adds to the 10 million plus dead cap. That's impossible as the 10 million, or what would remain of it, is the dead cap.

I didn’t mean plus as in math and add to totals. As an addition to the situation. Or you could choose the threads with exact numbers I posted so you didn’t have room to misinterpret something.

  

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