Shaq Thompson - RESTRUCTURED Contract**

[Smithers]

3 minutes ago, Jon Snow said:

That always works out so well.  Especially for a bottom dwelling teams like the Panthers.

There’s plenty of good FA OL on the market this year.  Now is the time to grab them.  

[Chad_Cota]

There is a lot to dislike about this panthers regime, but you can't tell me they are not willing to try. 

[SetfreexX]

I don't think people realize how much cap space we have since we're not paying 25, 30, 35M + for a QB, and if we add a rookie this draft or next, moving ''SOME'' money to 23, and 24 is NOT going to hurt anything.

[45catfan]

Just now, SetfreexX said:

Because he was about to count as 18M for the 2022 season after costing 10/7/8 the three prior years, IF he had been released it would have created 6M in cap. 

*Rounded numbers above for simplicity*

Details here on his cap hit prior to this announcement -- https://www.spotrac.com/nfl/carolina-panthers/shaq-thompson-16749/

It'll be interesting to see the results of this.

The results?  A ton of dead cap after he's released in a year or two, you know...like how we are eating $8.3 million of Paradis' dead cap this season as he's technically still on the roster but won't ever play a down or even suit up.

[Jon Snow]

Just now, Smithers said:

There’s plenty of good FA OL on the market this year.  Now is the time to grab them.  

Why? This team is not anywhere close to competing.  Throwing money at overpriced FA's is not helping them get out of this mess they've created.  

PS, if those OL were worth signing they would never have hit FA.

[*FreeFua*]

Need all the cap space for LT and QB without that 6th overall pick 

[Panthercougar68]

3 minutes ago, Chad_Cota said:

There is a lot to dislike about this panthers regime, but you can't tell me they are not willing to try. 

It’s like people think the Panthers are gonna just roll over like 2010 John Fox  

[SetfreexX]

Here's our estimated cap space in the upcoming years: 

• 2023 - 110M -- https://www.spotrac.com/nfl/carolina-panthers/cap/2023/
• 2024 - 276M -- https://www.spotrac.com/nfl/carolina-panthers/cap/2024/

Obviously signings / extensions / etc. will happen over the course of this year and moving forward, but moving calculated money down the road on cornerstone players isn't going to hurt. What you can't do like the Saints is do that while ALSO paying premium for a QB. 

IF we get lucky and draft a good QB the team / cap is in great shape. 

 

[ForJimmy]

Reason 56,123 why having a lame duck coach with roster control is a terrible idea…

[PNW_PantherMan]

We were in a good place with the cap before all the bonehead moves though. (Extending Robby, picking up Sam's 5th year, signing Erving and Elflein, etc).

[45catfan]

Per Spotrac: Converted $10.08M of 2022 base salary into signing bonus, clearing $5.04M of cap space with Carolina (CAR)

 

[Jon Snow]

2 minutes ago, SetfreexX said:

Here's our estimated cap space in the upcoming years: 

• 2023 - 110M -- https://www.spotrac.com/nfl/carolina-panthers/cap/2023/
• 2024 - 276M -- https://www.spotrac.com/nfl/carolina-panthers/cap/2024/

Obviously signings / extensions / etc. will happen over the course of this year and moving forward, but moving calculated money down the road on cornerstone players isn't going to hurt. What you can't do like the Saints is do that while ALSO paying premium for a QB. 

IF we get lucky and draft a good QB the team / cap is in great shape. 

 

This team doesn't have any cornerstone players. They've floundered around for 3 years trying to replace what few they did have.

[BurnNChinn]

22 minutes ago, Jon Snow said:

Why? Something is getting ready to go down. 

You do know they fixing to let Darnold go, that probably only covers most of it. Nothing big is going down lol.

[SetfreexX]

4 minutes ago, 45catfan said:

The results?  A ton of dead cap after he's released in a year or two, you know...like how we are eating $8.3 million of Paradis' dead cap this season as he's technically still on the roster but won't ever play a down or even suit up.

My guy, those are voidable years, we did the same for Reddick -- https://www.spotrac.com/nfl/carolina-panthers/matt-paradis-14618/

So bringing up Paradis in this light doesn't really serve your comment very well.

That is not a restructure -- it's ''fake money'' years to spread out a signing bonus. It's why they are referred to as ''voidable''.

A voidable year is an ‘extra’ year on the length of the contract that the team and the player intend to void. In other words, it is a “dummy” year on the contract that the player will never play or get paid for, and it exists for the sole purpose of lowering the annual cap hit, especially in the first year of the contract.