I'm not certain there is ANY cap hit if we release Nicks. He didn't get any signing bonus and according to SR, all his guaranteed money has already been paid:From SR: "The offensive line has been very inconsistent this season and is indeed overpaid. I doubt that Bucs left guard Carl Nicks returns to the team in 2014. The Bucs no longer owe him any guaranteed money and some within the organization believe his career is in jeopardy due to his toe injury, toe surgery, contraction of MRSA and toe surgery to deal with that. "I'm not a contract guru, but if there is no signing bonus and all the guaranteed money has been paid, why would there be any cap repercussions if he was released?
Dominik restructured it last year, giving him an $11.8M bonus. Bucs will have ended up paying Nicks $27.4M for 9 games.
The bonus was paid IN FULL with 2012 cap dollars - there was no carryover charge. We can release Nicks without any penalty whatsoever.From SR's last Fab 5:PewterReport.com has learned that the previous regime of general manager Mark Dominik and head coach Greg Schiano was contemplating releasing left tackle Donald Penn, who gave up too many sacks at the age of 30 and is set to make $6.4 million in 2014, and move right tackle Demar Dotson to the left side. The 28-year old Dotson played left tackle during the 2010 offseason when Penn held out, in addition to the 2012 preseason when Penn suffered a calf injury. Dotson was Tampa Bay’s best and most consistent offensive lineman during the 2013 regular season, just as he was during training camp and the preseason.The Bucs were also contemplating releasing Nicks, who has been paid over $19 million despite only being able to play in nine games over the past two years due to two toe surgeries and a MRSA infection. Releasing Nicks would free up $7 million, which is what his 2014 base salary would be.At $6 million, the Bucs were prepared to make right guard Davin Joseph, whose play slipped noticeably while coming back from a serious knee injury that cost him the entire 2012 season, take a pay cut this offseason or risk being released. The team did that right before training camp two years ago with former right tackle Jeremy Trueblood, who took a $1 million pay cut from $6 million to $5 million for the chance to remain a Buccaneer.
In 2012 there was a $6M roster bonus that was absorbed in 2012 and an additional $11.8M restructure bonus that was spread out through out the contract. http://www.spotrac.com/nfl/tampa-bay-buccaneers/carl-nicks/ His $7M base salary would come off the books, but the remaining restructure bonus money get's accelerated for a $7.1M cap hit.
Bucs may save money with McCoys new deal given his rookie deal was before rookie contracts were restructured.
Calvin Johnson's rookie deal was for $10.7M a year. His extension was for $16.5M a year. Joe Thomas' rookie was for $7.2M a year. His extension was for $12M a year. Stafford's rookie deal was for $12M a year. His extension was for $17.7M a year. And before you mention Geno Atkins, it's irrelevant because the Bengals had the leverage of the franchise tag in their favor because his number was fairly reasonable. McCoy's franchise tag is $15.8M and Suh's is $25.7M. Both of them are going to blow up the DT pay scale.
$2.3M cap saving if Nicks is cut before June, $7M after June 1... dead money = $2.35M in 2014 & $4.7M in 2015.
Bucs may save money with McCoys new deal given his rookie deal was before rookie contracts were restructured.
Calvin Johnson's rookie deal was for $10.7M a year. His extension was for $16.5M a year. Joe Thomas' rookie was for $7.2M a year. His extension was for $12M a year. Stafford's rookie deal was for $12M a year. His extension was for $17.7M a year. And before you mention Geno Atkins, it's irrelevant because the Bengals had the leverage of the franchise tag in their favor because his number was fairly reasonable. McCoy's franchise tag is $15.8M and Suh's is $25.7M. Both of them are going to blow up the DT pay scale.
The franchise tag works on the previous years average of the top five players for a relative position. So what Atkins received is actually relevant and may still be relevant by the time McCoy has to be re-signed.
I'm not certain there is ANY cap hit if we release Nicks. He didn't get any signing bonus and according to SR, all his guaranteed money has already been paid:From SR: "The offensive line has been very inconsistent this season and is indeed overpaid. I doubt that Bucs left guard Carl Nicks returns to the team in 2014. The Bucs no longer owe him any guaranteed money and some within the organization believe his career is in jeopardy due to his toe injury, toe surgery, contraction of MRSA and toe surgery to deal with that. "I'm not a contract guru, but if there is no signing bonus and all the guaranteed money has been paid, why would there be any cap repercussions if he was released?
Dominik restructured it last year, giving him an $11.8M bonus. Bucs will have ended up paying Nicks $27.4M for 9 games.
The bonus was paid IN FULL with 2012 cap dollars - there was no carryover charge. We can release Nicks without any penalty whatsoever.From SR's last Fab 5:PewterReport.com has learned that the previous regime of general manager Mark Dominik and head coach Greg Schiano was contemplating releasing left tackle Donald Penn, who gave up too many sacks at the age of 30 and is set to make $6.4 million in 2014, and move right tackle Demar Dotson to the left side. The 28-year old Dotson played left tackle during the 2010 offseason when Penn held out, in addition to the 2012 preseason when Penn suffered a calf injury. Dotson was Tampa Bay’s best and most consistent offensive lineman during the 2013 regular season, just as he was during training camp and the preseason.The Bucs were also contemplating releasing Nicks, who has been paid over $19 million despite only being able to play in nine games over the past two years due to two toe surgeries and a MRSA infection. Releasing Nicks would free up $7 million, which is what his 2014 base salary would be.At $6 million, the Bucs were prepared to make right guard Davin Joseph, whose play slipped noticeably while coming back from a serious knee injury that cost him the entire 2012 season, take a pay cut this offseason or risk being released. The team did that right before training camp two years ago with former right tackle Jeremy Trueblood, who took a $1 million pay cut from $6 million to $5 million for the chance to remain a Buccaneer.
In 2012 there was a $6M roster bonus that was absorbed in 2012 and an additional $11.8M restructure bonus that was spread out through out the contract. http://www.spotrac.com/nfl/tampa-bay-buccaneers/carl-nicks/ His $7M base salary would come off the books, but the remaining restructure bonus money get's accelerated for a $7.1M cap hit.
I see where you are getting this number, but it doesn't make sense to me. At the end of the 2012 season, the Bucs had almost $20M in unused cap space. It was widely reported that Dom used some of that space to pay Nicks the balance of his guaranteed money and to lower his cap charge in 2013 to 715k. That jives with the cap space that the Bucs started the 2013 season with. If the Bucs gave Nicks a 11M bonus, that should have created MORE cap space and that was never the case. It could be that this site got their figures wrong, but it's also just as likely that I'm wrong as well. I'm going to send SR a note and ask him to check. Thanks for the link.
Don't concern yourself with the ramblings of JC.If it were up to him, Freeman would be eating up all of our cap space
Bucs may save money with McCoys new deal given his rookie deal was before rookie contracts were restructured.
Calvin Johnson's rookie deal was for $10.7M a year. His extension was for $16.5M a year. Joe Thomas' rookie was for $7.2M a year. His extension was for $12M a year. Stafford's rookie deal was for $12M a year. His extension was for $17.7M a year. And before you mention Geno Atkins, it's irrelevant because the Bengals had the leverage of the franchise tag in their favor because his number was fairly reasonable. McCoy's franchise tag is $15.8M and Suh's is $25.7M. Both of them are going to blow up the DT pay scale.
The franchise tag works on the previous years average of the top five players for a relative position. So what Atkins received is actually relevant and may still be relevant by the time McCoy has to be re-signed.
Not in McCoy's case. It's going to be 120% of his 2014 cap number. His 2015 tag number is $15.8m. Bucs have no leverage are just at his mercy.
Don't concern yourself with the ramblings of JC.If it were up to him, Freeman would be eating up all of our cap space
So would JJ Watt. Idiots like you would have capped this team out years ago on Haynesworth, Asomugha and Ray Edwards.
I'm not certain there is ANY cap hit if we release Nicks. He didn't get any signing bonus and according to SR, all his guaranteed money has already been paid:From SR: "The offensive line has been very inconsistent this season and is indeed overpaid. I doubt that Bucs left guard Carl Nicks returns to the team in 2014. The Bucs no longer owe him any guaranteed money and some within the organization believe his career is in jeopardy due to his toe injury, toe surgery, contraction of MRSA and toe surgery to deal with that. "I'm not a contract guru, but if there is no signing bonus and all the guaranteed money has been paid, why would there be any cap repercussions if he was released?
Dominik restructured it last year, giving him an $11.8M bonus. Bucs will have ended up paying Nicks $27.4M for 9 games.
The bonus was paid IN FULL with 2012 cap dollars - there was no carryover charge. We can release Nicks without any penalty whatsoever.From SR's last Fab 5:PewterReport.com has learned that the previous regime of general manager Mark Dominik and head coach Greg Schiano was contemplating releasing left tackle Donald Penn, who gave up too many sacks at the age of 30 and is set to make $6.4 million in 2014, and move right tackle Demar Dotson to the left side. The 28-year old Dotson played left tackle during the 2010 offseason when Penn held out, in addition to the 2012 preseason when Penn suffered a calf injury. Dotson was Tampa Bay’s best and most consistent offensive lineman during the 2013 regular season, just as he was during training camp and the preseason.The Bucs were also contemplating releasing Nicks, who has been paid over $19 million despite only being able to play in nine games over the past two years due to two toe surgeries and a MRSA infection. Releasing Nicks would free up $7 million, which is what his 2014 base salary would be.At $6 million, the Bucs were prepared to make right guard Davin Joseph, whose play slipped noticeably while coming back from a serious knee injury that cost him the entire 2012 season, take a pay cut this offseason or risk being released. The team did that right before training camp two years ago with former right tackle Jeremy Trueblood, who took a $1 million pay cut from $6 million to $5 million for the chance to remain a Buccaneer.
In 2012 there was a $6M roster bonus that was absorbed in 2012 and an additional $11.8M restructure bonus that was spread out through out the contract. http://www.spotrac.com/nfl/tampa-bay-buccaneers/carl-nicks/ His $7M base salary would come off the books, but the remaining restructure bonus money get's accelerated for a $7.1M cap hit.
I see where you are getting this number, but it doesn't make sense to me. At the end of the 2012 season, the Bucs had almost $20M in unused cap space. It was widely reported that Dom used some of that space to pay Nicks the balance of his guaranteed money and to lower his cap charge in 2013 to 715k. That jives with the cap space that the Bucs started the 2013 season with. If the Bucs gave Nicks a 11M bonus, that should have created MORE cap space and that was never the case. It could be that this site got their figures wrong, but it's also just as likely that I'm wrong as well. I'm going to send SR a note and ask him to check. Thanks for the link.
Any bonus like a roster or restructure bonus that is included in a contract signed after the first pre season game gets treated like a signing bonus and spread over the length of the deal.There would have been no point in moving money back to 2012 when it would have been just as easy to just roll over that cap space and the results are the same.Dom was trying to have his cake and eat it by reducing Nicks & Jacksons 2013 salaries while still rolling over a bunch of 2012 cap room, just pushing the cap hits into the future. Rather than being smart he was setting himself up for cap hell later.
Bucs may save money with McCoys new deal given his rookie deal was before rookie contracts were restructured.
Calvin Johnson's rookie deal was for $10.7M a year. His extension was for $16.5M a year. Joe Thomas' rookie was for $7.2M a year. His extension was for $12M a year. Stafford's rookie deal was for $12M a year. His extension was for $17.7M a year. And before you mention Geno Atkins, it's irrelevant because the Bengals had the leverage of the franchise tag in their favor because his number was fairly reasonable. McCoy's franchise tag is $15.8M and Suh's is $25.7M. Both of them are going to blow up the DT pay scale.
The franchise tag works on the previous years average of the top five players for a relative position. So what Atkins received is actually relevant and may still be relevant by the time McCoy has to be re-signed.
Not in McCoy's case. It's going to be 120% of his 2014 cap number. His 2015 tag number is $15.8m. Bucs have no leverage are just at his mercy.
Bucs will have enough cap space to re-sign McCoy before his contract is up so the franchise tag may not come into play. David on the other hand will be interesting to watch though.
Bucs may save money with McCoys new deal given his rookie deal was before rookie contracts were restructured.
Calvin Johnson's rookie deal was for $10.7M a year. His extension was for $16.5M a year. Joe Thomas' rookie was for $7.2M a year. His extension was for $12M a year. Stafford's rookie deal was for $12M a year. His extension was for $17.7M a year. And before you mention Geno Atkins, it's irrelevant because the Bengals had the leverage of the franchise tag in their favor because his number was fairly reasonable. McCoy's franchise tag is $15.8M and Suh's is $25.7M. Both of them are going to blow up the DT pay scale.
Wouldn't the cap number be different from what the deal averages a year?
Don't concern yourself with the ramblings of JC.If it were up to him, Freeman would be eating up all of our cap space
So would JJ Watt.
The guy we never had a shot at drafting!Geeze mister, you're really good at this GM thing! Freeman and draft picks we never had! Superbowl!
Good player will be paid. Can't avoid that and that is a good thing if you draft players worth paying.Players like Wright, Clayton, ,and Black are not worthy paying.
And JC what do you suggest we do with McCoy instead of paying him?Who the hell bltches about having to pay a great player who has earned it and plays at a premium position?
Don't concern yourself with the ramblings of JC.If it were up to him, Freeman would be eating up all of our cap space
Hell, JC wanted to get rid of McCoy. Now, all of the sudden, the team can't afford him.
