bleacherreport is merely linking to the original report from the Weekly World News.
Oops! My bad. Make that Florio over at PFT.
How the frack would the Pats absorb a $16M cap hit necessary to make this trade?
According to Miguel, as of 2/28 they are $8.8 under the cap.
I thought the rule was you had to have room under the cap at the moment the trade occurs, so even if we got him to restructure his contract and lower the cap hit, we'd have to find ~$8M in savings.
Not sure we could do that and address other FA's we have in house that we want to keep.
How the frack would the Pats absorb a $16M cap hit necessary to make this trade?
According to Miguel, as of 2/28 they are $8.8 under the cap.
I thought the rule was you had to have room under the cap at the moment the trade occurs, so even if we got him to restructure his contract and lower the cap hit, we'd have to find ~$8M in savings.
Not sure we could do that and address other FA's we have in house that we want to keep.
In the event of a trade, doesn't the trading team absorb the cap hit from the bonus?
Only the top 51 player salaries for a team count against the salary cap in the offseason. I don't know how his contract is structured regarding bonuses...some, such as in season roster bonuses, don't count until later in the season and some are counted after the season ends.
edit:
But this is pure silliness...does anyone really think BB will pay a CB $16M?
Revis has the simplest contract in the NFL. $13M base salary, $1.5M roster bonus, $1.5M workout bonus. Cap hit $16M in each year. There's no bonus the trading team would have to eat. The team that aquires him would take on exactly those numbers.
Then it should be really easy to redo the contract, I would think. With no guaranteed bonuses, you could just void the whole contract and write a new one. No cap hit involved.
How the frack would the Pats absorb a $16M cap hit necessary to make this trade?
According to Miguel, as of 2/28 they are $8.8 under the cap.
I thought the rule was you had to have room under the cap at the moment the trade occurs, so even if we got him to restructure his contract and lower the cap hit, we'd have to find ~$8M in savings.
Not sure we could do that and address other FA's we have in house that we want to keep.
Revis has the simplest contract in the NFL. $13M base salary, $1.5M roster bonus, $1.5M workout bonus. Cap hit $16M in each year. There's no bonus the trading team would have to eat. The team that aquires him would take on exactly those numbers.
Then it should be really easy to redo the contract, I would think. With no guaranteed bonuses, you could just void the whole contract and write a new one. No cap hit involved.
What's more silly?
$10 mil for a G?
$11 mil cap hit for an aging injured NT?
Or $16 mil for an all century CB?
What's more silly?
$10 mil for a G?
$11 mil cap hit for an aging injured NT?
Or $16 mil for an all century CB?