Greg Hardy Is Seeking A Contract Extension

[rayzor]

We could...maybe... sign him to a deal that doesn't hit very hard, then cut CJ in 2015.

Could actually be the best option TBH.

hmmmm...rotate them out. interesting.

[Ivan The Awesome]

I was about to suggest trading CJ away, since he would garner a higher draft pick. Then sign hardy to a modest contract. Get a high draft pick and keep the younger stud de.

[Doc Holiday]

Outside of teh Kurbs post this thread is severe face palm material......

[Kurb]

hmmmm...rotate them out. interesting.

CJ will hit 30 by 2015 and his contract will be bordering on the absurd in terms of cap hit.

[rayzor]

CJ will hit 30 by 2015 and his contract will be bordering on the absurd in terms of cap hit.

what would the dead money look like at that point?

[carpanfan96]

5-48 Million dollars with 25 guaranteed. Just because the markets down, other wise I'd say he was asking for something similar to CJ's deal.

[Montsta]

The real question is why is Hardy driving a $100K Bentley when he's only taken home like maybe $300K after taxes in his career so far?

[Harris Aballah]

He's not stupid and has to know the teams situation. So to me this is code for I wanna be traded. If we don't get rid of him at this point I'm afraid theres another diva in the locker room. I always liked hardy but he is making himself a disruption towards any team unity by doing this. So asta la vista asshole

[Kurb]

what would the dead money look like at that point?

We would save.

I think.

From here, JD did good work here....http://www.derp/2013/3/18/4118964/reasons-not-to-sweat-the-panthers-2015-salary-cap

Accounting for 15% of the cap hit alone, Big Money is earning... well... big money. At this point he's a 30-year-old defensive end, and making way too much. This is the breaking point in the deal, one where the team can cut CJ with a June 1 designation, and reducing his cap hit to $3 million -- saving $13 million alone.

[rayzor]

We would save.

I think.

From here, JD did good work here....http://www.derp/2013/3/18/4118964/reasons-not-to-sweat-the-panthers-2015-salary-cap

good.

sounds like a plan.

tooo bad that we may not even be able to pay for a modest extension.

[Montsta]

He's not stupid and has to know the teams situation. So to me this is code for I wanna be traded. If we don't get rid of him at this point I'm afraid theres another diva in the locker room. I always liked hardy but he is making himself a disruption towards any team unity by doing this. So asta la vista asshole

Players have only a few years to make enough money to last them forever. Why are they considered assholes for trying to get that money when you see teams jettisoning veteran contracts like its nothing? If you command the money, you go get it player.

[Kurb]

good.

sounds like a plan.

tooo bad that we may not even be able to pay for a modest extension.

Sure you can.

Say you have 5 million in space.

With increasing space every year....

Sign him to ...lets say 5 years 40 million. 20 guaranteed.

Year one Salary 2 million 3million prorated bonus hit cap hit 5 mill

Year two Salary 5 million 5million 10 mil

Year two salary 5 million 7 million 13mill

Year 4 Salary 5 million 2.5 million 7.5mill

Year 5 salary 3.5 million 2.5 million 6mill

I didn't add that up, but you get the idea.

You can toy with the salary and protation of the bonus to get it to work however you want.

That's why lots of 10 year deals are really 6 year deals or whatever. The prorate the poo out of the bonus and just take a cap hit when they cut the guy, saving his salary in cap hit.

[pilot2011]

this dude was 1st round talent before he got hurt at Mississippi. His agent is the best in the biz for a reason. They know Greg isn't getting paid until 2014, they are just letting it be known that Greg deserves to be paid with the big boys by this time next year. Panthers defense can get by with mediocre corners as long as they have End's and Backers.

It's usually a one or the other for most teams not named Seahawks. Look at Baltimore, they have no pass rush at all, but good secondary.

[PantherBrew]

In all honesty, its really hard to tell whether we should pay big money to anyone without knowing them personally.