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What are the chances Medlock stays a Panther?


jarhead

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If he outperforms Mare in ps games, his chances should be good.

The overall cap impact is not that significant if we cut Mare. Three million in bonus would be accelerated, but would be largely offset by dumping his 2 million plus salary. Taking the bonus hit over 2 years would actually leave us with a positive cap impact.

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If he outperforms Mare in ps games, his chances should be good.

The overall cap impact is not that significant if we cut Mare. Three million in bonus would be accelerated, but would be largely offset by dumping his 2 million plus salary. Taking the bonus hit over 2 years would actually leave us with a positive cap impact.

Thats great.Thanks

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If he outperforms Mare in ps games, his chances should be good.

The overall cap impact is not that significant if we cut Mare. Three million in bonus would be accelerated, but would be largely offset by dumping his 2 million plus salary. Taking the bonus hit over 2 years would actually leave us with a positive cap impact.

The problem with that scenario is that you still have a 1.5 million dead cap hit next year if you take it over 2 years so it isn't positive. Plus you have to figure in the 390,000 that Medlock will make this year. That gives us a dead cap hit of 3 million for cutting Mare and Medlocks salary of 390,000 for a total cap hit of 3,390,000 versus keeping Mare and cutting Medlock which results in a cap hit of 3,200,000 for Mare alone which is already figured into the cap this year. So the cost of cutting Mare and keeping Medlock using the current cap hit of 3,390,000 minus the 3,200,000 (cost of keeping Mare and cutting Medlock) is an additional 190,000 over what we will pay for Mare alone for a total of 3,390,000.

There is no advantage to making it a June 1 cut unless we expect to go over the cap this year and need the money. Otherwise we either pay the cap now and bring the rest forward or bring an extra 1.5 million forward and have a 1.5 million higher cap next year which is the dead cap hit for Mare which results in the same thing.

Next year is where it would help us the most saving around 2.7 million between Mare's projected cap hit of 3,300,000 and Medlock's of 480,000.

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The problem with that scenario is that you still have a 1.5 million dead cap hit next year if you take it over 2 years so it isn't positive. Plus you have to figure in the 390,000 that Medlock will make this year. That gives us a dead cap hit of 3 million for cutting Mare and Medlocks salary of 390,000 for a total cap hit of 3,390,000 versus keeping Mare and cutting Medlock which results in a cap hit of 3,200,000 for Mare alone which is already figured into the cap this year. So the cost of cutting Mare and keeping Medlock using the current cap hit of 3,390,000 minus the 3,200,000 (cost of keeping Mare and cutting Medlock) is an additional 190,000 over what we will pay for Mare alone for a total of 3,390,000.

There is no advantage to making it a June 1 cut unless we expect to go over the cap this year and need the money. Otherwise we either pay the cap now and bring the rest forward or bring an extra 1.5 million forward and have a 1.5 million higher cap next year which is the dead cap hit for Mare which results in the same thing.

Next year is where it would help us the most saving around 2.7 million between Mare's projected cap hit of 3,300,000 and Medlock's of 480,000.

Taking it over 1 year, 2012:

Mare bonus acceleration = $3,000,000 hit to the cap

Medlock salary = $390,000

Total cost = $3,390,000

Minus Mare salary = $2,100,000

Net cap impact = $1,290,000 negative

Taking it over 1 year, 2013:

Mare dead money = $0 hit to the cap

Medlock salary = $390,000

Total cost = $390,000

Minus Mare salary = $2,200,000

Net cap impact = $1,810,000 positive

Taking it over 2 years, 2012:

Mare bonus acceleration = $1,500,000 hit to the cap

Medlock salary = $390,000

Total cost = $1,890,000

Minus Mare salary = $2,100,000

Net cap impact = $210,000 positive

Taking it over 2 years, 2013:

Mare dead money = $1,500,000 hit to the cap

Medlock salary = $390,000

Total cost = $1,890,000

Minus Mare salary = $2,200,000

Net cap impact = $310,000 positive

My point stands. Should they do it all this year, it is not a very large impact. Should they do it over two years, it has a positive impact on this year's cap. It just depends on what their plans are for our cap space this year. In either case, those that say Mare won't be cut due to cap implications are wrong.

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