Restructure contacts to free up more cap. Bridgewater, Shaq, etc.

[razorwolf]

IMO If the team ends up keeping Bridgewater which could be a little handy when bringing in a rookie QB, and also keep Shaq for at least another year. You could restructure both of there 2021 contacts to free up cap savings!

*Bridgewater estimated cap savings: $8.1M

*Shaq estimated cap savings: $6.3M

*Total cap savings for these 2 players in 2021: Around $14,414,167 if restructured

*Figures based off overthecap.com

[Pup McBarky]

[CanadianCat]

I do think there is a possibility that we end up with Bridgewater as QB next year. I would say its 50/50 that happens..

But I would not restructure Teddys contract. We WILL move on from him if not this year then next so if we keep him and cut him next year we don't have any dead money.

[LinvilleGorge]

No. Restructuring players and converting non-guaranteed salary to guaranteed bonus money in future years on contracts of players he should've been cutting is how Hurney created cap disasters. Throwing good money after bad is always a terrible strategy.

[Ja Rhule]

We will save over $30M by cutting them both after 2021 season.

[therealmjl]

How bout we just go ahead and cut Trashwater and take the hit

[SteveSmithTD89]

Absolutely not. Restructuring those deals would make it near impossible to move on from them after the season. 

Best option is including the two of them in the Watson trade (if it happens.) Second best option is to release them outright in 2022 and add another 30ish million to our already 100mil+ Cap.

[kungfoodude]

I don't think Teddy would be willing to restructure. Unsure about Shaq. 

Teddy will most likely be gone this offseason and I suspect Shaq will be gone after 2021. 

[razorwolf]

2 minutes ago, Pup McBarky said:

I know where your coming from on your gif image. I'm just saying the team has options to free up more cap savings if (Fitt, Rhule, and Tepper decides to try that option) on these players. But restructuring Shaq contract would save more cap space than if you released or traded him pre-June 1st (cap savings $4,580,000; dead money: $9,600,000). If released or traded post-June 1st would have cap savings of $4,563,333 (cap savings:$10,980,000; dead money:3,200,000) more than restructuring his contract (cap savings:6,326,667; dead money: $0). 

[kungfoodude]

5 minutes ago, therealmjl said:

How bout we just go ahead and cut Trashwater and take the hit

I'd probably try to shop him in a trade(perhaps giving up a pick to get rid of him) or cut him after June 1st.

[Pup McBarky]

1 minute ago, razorwolf said:

I know where your coming from on your gif image. I'm just saying the team has options to free up more cap savings if (Fitt, Rhule, and Tepper decides to try that option) on these players. But restructuring Shaq contract would save more cap space than if you released or traded him pre-June 1st (cap savings $4,580,000; dead money: $9,600,000). If released or traded post-June 1st would have cap savings of $4,563,333 (cap savings:$10,980,000; dead money:3,200,000) more than restructuring his contract (cap savings:6,326,667; dead money: $0). 

TB and Shaq are both overpaid. Restructuring doesn't rectify this. We pay them this year and cut them both next year. We draft their replacements this year or next. That is the best financial and football decision on each of them.

[Harbingers]

4 minutes ago, kungfoodude said:

I don't think Teddy would be willing to restructure. Unsure about Shaq. 

Teddy will most likely be gone this offseason and I suspect Shaq will be gone after 2021. 

Our best hope from an overall view is to trade teddy for a second or third round after June first to a team in dire need of a QB, such as one who losses their starting QB in training camp. Anything else and he's a flat loss books wise.

Edited February 21, 2021 by Harbingers

[razorwolf]

Restructuring would only effect this year, and then release in 2022!

[razorwolf]

Maybe I'm just mis-reading the information I'm reading contract wise. Y'all may have a better understanding of the details!