Smitty on Dan Patrick show Tuesday morn

[t96]

Pay cuts and restructures are NOT the same. Restructuring just transfers base salary into a signing bonus, meaning they get more up front and less per game. Pretty much any player would voluntarily restructure, but while it frees up room in the short-term it hurts teams long-term.

Sure, there can be other elements, but typically "restructure" means getting more up front instead of later. Whereas a pay cut is much less appealing.

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You believe that there are two different definitions, which is not true. A pay cut falls under the definition of restructuring (changing a contract in any way). What you believe the definition of restructuring is is not true.. A restructure CAN transfer base salary into a signing bonus or move money to later years, but it is not limited to only doing that. A pay cut is a type of restructure, because it's changing the contract.

[Major wRecktum]

A pay cut is a restructure, a restructure may not be a pay cut...and they usually aren't.

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[fjblair]

I'm not sure if you are being sarcastic or not so for clarification. Tony Washington.

 

Not sarcastic at all, I knew who he was talking about.

[top dawg]

Time to stop throwing shade on Steve Smith. He was all class in his interview, and will obviously be respectful of the organization until the end of his days. 

[jdpanther5]

You believe that there are two different definitions, which is not true. A pay cut falls under the definition of restructuring (changing a contract in any way). What you believe the definition of restructuring is is not true.. A restructure CAN transfer base salary into a signing bonus or move money to later years, but it is not limited to only doing that. A pay cut is a type of restructure, because it's changing the contract.

I'm talking about how the terms are typically used. Sure, a paycut is a form of restructuring, but that's typically not what happens when someone restructures. My issue was your first sentence calling the two the same. Taking more money up front with a smaller base is a restructure but NOT a paycut.

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[t96]

I'm talking about how the terms are typically used. Sure, a paycut is a form of restructuring, but that's typically not what happens when someone restructures. My issue was your first sentence calling the two the same. Taking more money up front with a smaller base is a restructure but NOT a paycut.

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The whole issue is that Smitty's agent said they hadn't come to him about a restructure, meaning a change in contract, INCLUDING a pay cut.  That's my point. What you described is just a different type of restructure, but it all falls under the same category of restructure. 

[OneBadCat]

Can't believe Smith didn't at least meet with NE. Would have been awesome to see him bitch Brady out on the sideline haha.

[jdpanther5]

The whole issue is that Smitty's agent said they hadn't come to him about a restructure, meaning a change in contract, INCLUDING a pay cut.

We don't know that though, all they said was restructure.

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[Wanderlai]

Still don't understand the wisdom in letting him go. Veteran, emotional leader, fan favorite, and a decent WR still. Guy played so many years with no help after Moose left. In return we have no decent WR and the team signed that MFer Harper who I hope tears his knee up before the season starts. Good on Smitty for being classier than our front office.