RABIH ABduiLLAH: dbears54: RABIH ABduiLLAH: I thought the signing bonus is guranteed money and spread out over the length of the contract. For instance Griese has let's say 3 million dollar signing bonus left spread out over the 3 years left on the contract. Cutting Griese might only cost the bears 1 million next year.... but it will do the same for the next 2 years. Meaning, cutting Griese costs the bears 3 million. Though it's spread out over 3 years. Nope.. A signing bonus is Spread out if stay with team, bu if cut, whatever part of teh signing bonus, not amortized it is immediately accelerated into the current year( with the after june 1st exception) So once the 2007 season is over..... they have to pay the signing bonus for 2008? But they don't have to pay for 2009 and 2010 until the previous season is over? Why wouldn't they cut Griese before the last game of this season and avoid paying the 2008 signing bonues?
dbears54: RABIH ABduiLLAH: I thought the signing bonus is guranteed money and spread out over the length of the contract. For instance Griese has let's say 3 million dollar signing bonus left spread out over the 3 years left on the contract. Cutting Griese might only cost the bears 1 million next year.... but it will do the same for the next 2 years. Meaning, cutting Griese costs the bears 3 million. Though it's spread out over 3 years. Nope.. A signing bonus is Spread out if stay with team, bu if cut, whatever part of teh signing bonus, not amortized it is immediately accelerated into the current year( with the after june 1st exception)
RABIH ABduiLLAH: I thought the signing bonus is guranteed money and spread out over the length of the contract. For instance Griese has let's say 3 million dollar signing bonus left spread out over the 3 years left on the contract. Cutting Griese might only cost the bears 1 million next year.... but it will do the same for the next 2 years. Meaning, cutting Griese costs the bears 3 million. Though it's spread out over 3 years.
I thought the signing bonus is guranteed money and spread out over the length of the contract.
For instance Griese has let's say 3 million dollar signing bonus left spread out over the 3 years left on the contract. Cutting Griese might only cost the bears 1 million next year.... but it will do the same for the next 2 years. Meaning, cutting Griese costs the bears 3 million. Though it's spread out over 3 years.
Nope.. A signing bonus is Spread out if stay with team, bu if cut, whatever part of teh signing bonus, not amortized it is immediately accelerated into the current year( with the after june 1st exception)
So once the 2007 season is over..... they have to pay the signing bonus for 2008? But they don't have to pay for 2009 and 2010 until the previous season is over? Why wouldn't they cut Griese before the last game of this season and avoid paying the 2008 signing bonues?
please do not ruin this thread playing "your games".. thank you.
A signing bonus is paid out immediately(Let's say someone has a $10 million Signing bonus on a 5 year deal)..The player gets the $10 million immediately, but for "salary cap puposes", teh team on their ledger sheet can spread it out over the length of a contract, IE, it only counts $2 million towards cap each year( despite the player already having all the money).. ANd if cut - all the Unamortized amount then counts immediately against the cap #( which is not a cash number, but an accounting ledger number), Its a way for a eam to afford high priced players by spreading the money out( but always teh player to get it upfront , so doesn't lose it)
Yeah, I am going to stop believing you after reading the information on that website.
The commish website says you don't know what you are talking about. Everything I have heard about how financial matters work concurs.
wow, g-reg with the huge bonus next year...we'd better cut him!!!
j/k but fred miller getting that much is ridiculous he must be cut
sturminator187gi:wow, g-reg with the huge bonus next year...we'd better cut him!!! j/k but fred miller getting that much is ridiculous he must be cut
Phipsi: sturminator187gi: wow, g-reg with the huge bonus next year...we'd better cut him!!! j/k but fred miller getting that much is ridiculous he must be cut hehe... NO WAY we cut olsen... he gets the bonus only once i think. and NO WAY we DON'T cut miller. how can a lame 35-year-old earn so much money?? have a nice day & BEAR DOWN!!
sturminator187gi: wow, g-reg with the huge bonus next year...we'd better cut him!!! j/k but fred miller getting that much is ridiculous he must be cut
Yeah its a one time payment of $3.45 million,( plus his annual 570K LTBE bonus which is 45% of snaps for 2008-2011)..
OLSEN:
The contract also has a one-time, playing-time incentive of $578,700. For 2007, the trigger is 35 percent of the offensive snaps. For future years, it is 45 percent. 2007: $285,000 (+ $720,000 roster bonus), 2008: $460,000 (+ $3.545 million option bonus), 2009: $460,000 (+ $100,000 reporting/roster bonus), 2010: $550,000 (+ $140,000 reporting/roster bonus), 2011: $650,000 (+ $125,732 reporting/roster bonus), 2012: Free Agent
Just having another look at the 2007 rookie pools. As things stand we are picking at 12 and have 8 picks (2 in the 3rd). We are likely to get a compensatory pick, maybe two probably low round, but can't be sure. If we stayed with said picks, I think our rookie cap looks like it would be around the $5 - 5.5 million mark.
Rookie pool allocation - http://sports.espn.go.com/nfl/news/story?id=2862869
Afrocomb:Dbears can you post the details of the remaining contracts of both Arch & Griese??
No prob..
griese:
3/21/2006: Signed a five-year, $14.5 million contract. The deal paid him $6 million in the first year, including a $4.5 million signing bonus, and contains another $8.5 million in playing-time incentives. 2007: $1.25 million (+ $300,000 roster bonus + $50,000 workout bonus), 2008: $1.4 million (+ $300,000 roster bonus), 2009: $1.8 million (+ $300,000 roster bonus), 2010: $2.2 million (+ $450,000 roster bonus), 2011: Free Agent
arch:
According to a report in the Chicago Tribune, Archuleta agreed to a restructured contract and will make $8.1 million over the next three years, including a $5 million bonus broken into a 2 million roster bonus and $3 million signing bonus.
Salary History
Afrocomb:Just having another look at the 2007 rookie pools. As things stand we are picking at 12 and have 8 picks (2 in the 3rd). We are likely to get a compensatory pick, maybe two probably low round, but can't be sure. If we stayed with said picks, I think our rookie cap looks like it would be around the $5 - 5.5 million mark. Rookie pool allocation - http://sports.espn.go.com/nfl/news/story?id=2862869
If so, that sounds pretty tight to resign Briggs, Ayanbedejo, Grossman, Berrian and get a FA RB or O-line help.
If Miller and Walker are cut, then we would have about $22 mil (if I understand correctly). Seems more reasonable, but not sure. I had been expecting to seem some of the disappointing players cut and the cap hit absorbed, but doesn't seem like that will happen. RMJ may be a very highly paid backup nickle back.
And thanks dbears for this thread.
BuildingADynasty: Afrocomb:Just having another look at the 2007 rookie pools. As things stand we are picking at 12 and have 8 picks (2 in the 3rd). We are likely to get a compensatory pick, maybe two probably low round, but can't be sure. If we stayed with said picks, I think our rookie cap looks like it would be around the $5 - 5.5 million mark. Rookie pool allocation - http://sports.espn.go.com/nfl/news/story?id=2862869 So, does that mean we can expect $5 - 5.5 million of the Room left of $20.941 mill to be used on rookies? That would then leave (without any additional releases) about $16 mil to resign expired contracts and sign any new free agents? If so, that sounds pretty tight to resign Briggs, Ayanbedejo, Grossman, Berrian and get a FA RB or O-line help. If Miller and Walker are cut, then we would have about $22 mil (if I understand correctly). Seems more reasonable, but not sure. I had been expecting to seem some of the disappointing players cut and the cap hit absorbed, but doesn't seem like that will happen. RMJ may be a very highly paid backup nickle back. And thanks dbears for this thread.
BuildingADynasty: Afrocomb: Just having another look at the 2007 rookie pools. As things stand we are picking at 12 and have 8 picks (2 in the 3rd). We are likely to get a compensatory pick, maybe two probably low round, but can't be sure. If we stayed with said picks, I think our rookie cap looks like it would be around the $5 - 5.5 million mark. Rookie pool allocation - http://sports.espn.go.com/nfl/news/story?id=2862869 So, does that mean we can expect $5 - 5.5 million of the Room left of $20.941 mill to be used on rookies? That would then leave (without any additional releases) about $16 mil to resign expired contracts and sign any new free agents? If so, that sounds pretty tight to resign Briggs, Ayanbedejo, Grossman, Berrian and get a FA RB or O-line help. If Miller and Walker are cut, then we would have about $22 mil (if I understand correctly). Seems more reasonable, but not sure. I had been expecting to seem some of the disappointing players cut and the cap hit absorbed, but doesn't seem like that will happen. RMJ may be a very highly paid backup nickle back. And thanks dbears for this thread.
Afrocomb: Just having another look at the 2007 rookie pools. As things stand we are picking at 12 and have 8 picks (2 in the 3rd). We are likely to get a compensatory pick, maybe two probably low round, but can't be sure. If we stayed with said picks, I think our rookie cap looks like it would be around the $5 - 5.5 million mark. Rookie pool allocation - http://sports.espn.go.com/nfl/news/story?id=2862869
Yep...and Miller and walker the 2 big one's for saving soem cap room.. and why despite so mnay here not understanding, its why you can't sign every "name free agent". or even sign all our own players.. there is going to be a some 'give and take".. AND HARD DECISIONS TO MAKE..its not bears "cheap" or do not want all the players, jsut teh simple fact the cap willl not allow it.. and its the same for all Free agents.. most teams would like thier top FA to stay,but cap will not allow it
well... briggs could get about 5 million, but i doubt that he will be a bear next season. ayanbadejo, grossman and berrian could get about 2 million each. that would be 11 million, probably 13. so we would still have 8-9 million left. faneca: 4 million sanders: 4 million i don't have a clue what they would "cost"... that would be perfect.... have a nice day & BEAR DOWN!!
Yikes!.. just some corrections
Berrian syas wants top 10 Wr money( rough;y 6-8 million /year) even if got top 30 money it would be $4-5 million/year
Briggs wants $50 milll.. or about 7.5-$8 million a year
grossman the big unknown, but $2 million is too cheap IMO
faneca Turned down $7 million/year from steelers already
Sanders also wants $7 million a year and indy will probably "tag" him at 6 .3 million.
So your Numbers just "slightly off"..: )
Berrian's payday just shrunk about 40%...he never should have turned down bears offer over summer
dallas Wr patrick crayton reportedly received a $6 million signing bonus on a $14 million, four-year extension. The No. 2 behind Terrell Owens has 48 catches for 689 yards and seven touchdowns, and some considered him a better possibility on the open market than Berrian. Berrian is the Bears’ leading receiver with 67 receptions for 920 yards and four touchdowns. While Crayton is considered a more physical, complete receiver, Berrian has better speed and is a vertical threat. He is expected to play his final game for the Bears Sunday vs. New Orleans at Soldier Field.
Berrian turned down a contract extension by the Bears in June that had $7.5 million guaranteed. While Crayton will no longer compete with Berrian for free-agent dollars, suitors will point to the contract Crayton received and say he is a No. 2 wideout and tell Berrian he is in the same class. Still, without many other quality receivers available it may not effect Berrian’s drive for a big pay day.
dbears54: Potential cap hits: 1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut 2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut 3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut 4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut 5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut 6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10)
Potential cap hits:
1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut
2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut
3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut
4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut
5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut
6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10)
DB, what do you mean by "1 million in cap space to cut" in regards to Griese? From the way his contract was structured he would count for 2.6 million against 2008's cap if we keep him (1.4 salary, 300,000 roster bonus and $900,000 for 1/5th of signing bonus) and 2.7 million against 2008's cap if we cut him (left over portion of his signing bonus and of course this is if we cut him before june 1st).
Just a little confused as to what you meant, please explain, thanks.
WHATSLOVEGOTTODOWITHIT: dbears54: Potential cap hits: 1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut 2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut 3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut 4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut 5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut 6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10) DB, what do you mean by "1 million in cap space to cut" in regards to Griese? From the way his contract was structured he would count for 2.6 million against 2008's cap if we keep him (1.4 salary, 300,000 roster bonus and $900,000 for 1/5th of signing bonus) and 2.7 million against 2008's cap if we cut him (left over portion of his signing bonus and of course this is if we cut him before june 1st).
You are confused. if a player is cut, YOU DO NOT COUNT HIS SALARY AND ROSTER BONUS ANYMORE, as he doesn't receive it.. So you take the unamortized Sb( 2.7 mill), which becomes a charge to the cap and SUBTRACT his salary and roster bonus, becuase bears do not have to lay it out now, despite as of 12/28/07 he is under contract, so he was 'budgeted in" for those amounts.
dbears54: WHATSLOVEGOTTODOWITHIT: dbears54: Potential cap hits: 1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut 2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut 3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut 4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut 5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut 6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10) DB, what do you mean by "1 million in cap space to cut" in regards to Griese? From the way his contract was structured he would count for 2.6 million against 2008's cap if we keep him (1.4 salary, 300,000 roster bonus and $900,000 for 1/5th of signing bonus) and 2.7 million against 2008's cap if we cut him (left over portion of his signing bonus and of course this is if we cut him before june 1st). You are confused. if a player is cut, YOU DO NOT COUNT HIS SALARY AND ROSTER BONUS ANYMORE, as he doesn't receive it.. So you take the unamortized Sb( 2.7 mill), which becomes a charge to the cap and SUBTRACT his salary and roster bonus, becuase bears do not have to lay it out now, despite as of 12/28/07 he is under contract, so he was 'budgeted in" for those amounts.
You are either confused or not explaining yourself properly. WHATSLOVE's numbers are correct. We are currently on the line in regards to Griese (for 2008 season) for a cap hit of 2.6 million if we keep him (see the numbers outlined above) and if we cut him we will have to count the full amount (left over) of his signing bonus (unless we cut him after june 1st then we can spread the hit) of 2.7 million against the cap for 2008. We do not get to subtract his salary and roster bonus from that 2.7 Million. Can you please clarify what you are talking about?
bearsfansincebirth: dbears54: WHATSLOVEGOTTODOWITHIT: dbears54: Potential cap hits: 1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut 2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut 3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut 4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut 5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut 6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10) DB, what do you mean by "1 million in cap space to cut" in regards to Griese? From the way his contract was structured he would count for 2.6 million against 2008's cap if we keep him (1.4 salary, 300,000 roster bonus and $900,000 for 1/5th of signing bonus) and 2.7 million against 2008's cap if we cut him (left over portion of his signing bonus and of course this is if we cut him before june 1st). You are confused. if a player is cut, YOU DO NOT COUNT HIS SALARY AND ROSTER BONUS ANYMORE, as he doesn't receive it.. So you take the unamortized Sb( 2.7 mill), which becomes a charge to the cap and SUBTRACT his salary and roster bonus, becuase bears do not have to lay it out now, despite as of 12/28/07 he is under contract, so he was 'budgeted in" for those amounts. You are either confused or not explaining yourself properly. WHATSLOVE's numbers are correct. We are currently on the line in regards to Griese (for 2008 season) for a cap hit of 2.6 million if we keep him (see the numbers outlined above) and if we cut him we will have to count the full amount (left over) of his signing bonus (unless we cut him after june 1st then we can spread the hit) of 2.7 million against the cap for 2008. We do not get to subtract his salary and roster bonus from that 2.7 Million. Can you please clarify what you are talking about?
OK, I figured out the confusion. DB54, in your numbers for Griese in 2008 (if we keep him) you are forgetting that on top of his salary and roster bonus we also would be hit for 1/5th of his 4.5 Mill signing bonus ($900,000) for a total of 2.6 Million. If we cut him we don't have to count those amounts towards the cap but we do have to count the remaining portion of is signing bonus (3/5ths of 4.5 Mill) of 2.7 Million. So therefore the difference between keeping Griese and letting him go is that in 2008 our cap hit would be $100,000 more for cutting him than if we kept him.