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2008- CHICAGO BEARS SALARY CAP THREAD

Last post 10-15-2008, 8:27 AM by dbears54. 395 replies.
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  •  12-28-2007, 7:22 PM 809207 in reply to 808989

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    bearsfansincebirth:
    dbears54:

    you are horribly wrong, but tried to be nice and show you the how/why you are wrong,but as you always do, you just continue to argue,despite being wrong .  so sorry will not discuss further bearfansincebirth, you are incapable of seeing it , as Usually happens

    i'm dead serious, find someone you respect that has an accounting backround, show him teh page one "ledger" and cap numbers, and then show him the "if player A" is cut the accounting ramifications.. and he will tell you I'm correct. no use wasting any more bandwidth

    thank you.

    LOL, I have an accounting background. I guess I'll have to spell it out real simple for you. Griese got a 5 year contract with a 4.5 million signing bonus. The 4.5 million is guaranteed and no matter what the whole portion will count against the cap at some point or another. 2006 Griese's cap hit included $900,000 of this (1/5th because it was a five year contract) plus whatever his salary and other bonuses were. 2007 Griese's cap hit included another $900,000 plus whatever his salary and other bonuses were. So so far 1,800,000 has counted against the cap leaving another 2,700,000 which needs to be attributed to the cap at some point or another. What you are saying is that we get to subtract his scheduled salary and bonus from that. If that is the case than when would the rest of the signing bonus be attributed to the cap, as the full amount has not been accounted for (you subtracted an unpaid salary and bonus from the cap hit). Salary and other bonuses are separate from the guaranteed money.

    You are subtracting his bonus and salary for 2008 twice, that is not how it works. Funny, for someone who always talks about others not understanding how the cap works, you are now showing that you have no clue what you are talking about. We keep Griese he counts 2.6 Mill against the cap if we cut him he counts as 2.7 (for 2008 assuming we cut him before june 1st).

    I posted a link and information from a website. It specifically talks about the signing bonus. Scoop seems to have some odd ideas that defy everything I have heard and read about how the salary cap works. It contradicts most of what Scoop is saying, oddly most of it surrounds Griese.

  •  12-29-2007, 6:56 AM 809654 in reply to 808989

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    bearsfansincebirth:
    dbears54:

    you are horribly wrong, but tried to be nice and show you the how/why you are wrong,but as you always do, you just continue to argue,despite being wrong .  so sorry will not discuss further bearfansincebirth, you are incapable of seeing it , as Usually happens

    i'm dead serious, find someone you respect that has an accounting backround, show him teh page one "ledger" and cap numbers, and then show him the "if player A" is cut the accounting ramifications.. and he will tell you I'm correct. no use wasting any more bandwidth

    thank you.

    LOL, I have an accounting background. I guess I'll have to spell it out real simple for you. Griese got a 5 year contract with a 4.5 million signing bonus. The 4.5 million is guaranteed and no matter what the whole portion will count against the cap at some point or another. 2006 Griese's cap hit included $900,000 of this (1/5th because it was a five year contract) plus whatever his salary and other bonuses were. 2007 Griese's cap hit included another $900,000 plus whatever his salary and other bonuses were. So so far 1,800,000 has counted against the cap leaving another 2,700,000 which needs to be attributed to the cap at some point or another. What you are saying is that we get to subtract his scheduled salary and bonus from that. If that is the case than when would the rest of the signing bonus be attributed to the cap, as the full amount has not been accounted for (you subtracted an unpaid salary and bonus from the cap hit). Salary and other bonuses are separate from the guaranteed money.

    You are subtracting his bonus and salary for 2008 twice, that is not how it works. Funny, for someone who always talks about others not understanding how the cap works, you are now showing that you have no clue what you are talking about. We keep Griese he counts 2.6 Mill against the cap if we cut him he counts as 2.7 (for 2008 assuming we cut him before june 1st).

    I sincerely doubt you have an accouting backround( if do i'm embarrassed for you)

    Here' is what you just did, a player is cut so you:

    A) take his unamortized bonus left(Years 2008,2009,2010=$2.7mill) - 2008 salary and bonus($1.7 million) - His  2008 unamortized bonus AGAIn($900,000) = $100,000

    the correct equation  is:

    B) Take a players Unamortized bonus left- his 2008 salary,bonus and LBTE= amount saved( or costs) =$2.7 mill - $1.7 mill=$1 million cost

    As said If you have a accounting background and count his 2008 unamortized bonus AS BOTH a debit and credit, you probably didn't do very well. what kills me is you even post the correct idea, just do not follow though with the logic.

    ++So so far 1,800,000 has counted against the cap leaving another 2,700,000 which needs to be attributed to the cap at some point or another++

    But because you just want to argue, you still say $100,000 is correct not $1 million, despite even having the correct thought in your post, that is scary.


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 9:18 AM 809724 in reply to 805671

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    do you see us even going to try to get another rb
    dtucker
  •  12-29-2007, 9:23 AM 809731 in reply to 809724

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dwight t:
    do you see us even going to try to get another rb

    based on more compelling needs( O-line,Qb,safety maybe LB), really doubt anything bu a depth RB.. becuase of the cap situation it will be benson/ap and wolfe.. which is not a bad lineup


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 9:37 AM 809746 in reply to 809731

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:

    dwight t:
    do you see us even going to try to get another rb


    based on more compelling needs( O-line,Qb,safety maybe LB), really doubt anything bu a depth RB.. becuase of the cap situation it will be benson/ap and wolfe.. which is not a bad lineup


    PLUS we can't cut any of our RB... why?
    benson: biiiig cap hit
    peterson: too good at special teams and a good backup
    wolfe: too early. he could be great with the right playcalling

    have a nice day

    &

    BEAR DOWN!!
    have a nice day

    &

    BEAR DOWN!!

    And play GLB: http://goallineblitz.com/game/signup.pl?ref=1802293
  •  12-29-2007, 10:53 AM 809843 in reply to 809654

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:
    bearsfansincebirth:
    dbears54:

    you are horribly wrong, but tried to be nice and show you the how/why you are wrong,but as you always do, you just continue to argue,despite being wrong .  so sorry will not discuss further bearfansincebirth, you are incapable of seeing it , as Usually happens

    i'm dead serious, find someone you respect that has an accounting backround, show him teh page one "ledger" and cap numbers, and then show him the "if player A" is cut the accounting ramifications.. and he will tell you I'm correct. no use wasting any more bandwidth

    thank you.

    LOL, I have an accounting background. I guess I'll have to spell it out real simple for you. Griese got a 5 year contract with a 4.5 million signing bonus. The 4.5 million is guaranteed and no matter what the whole portion will count against the cap at some point or another. 2006 Griese's cap hit included $900,000 of this (1/5th because it was a five year contract) plus whatever his salary and other bonuses were. 2007 Griese's cap hit included another $900,000 plus whatever his salary and other bonuses were. So so far 1,800,000 has counted against the cap leaving another 2,700,000 which needs to be attributed to the cap at some point or another. What you are saying is that we get to subtract his scheduled salary and bonus from that. If that is the case than when would the rest of the signing bonus be attributed to the cap, as the full amount has not been accounted for (you subtracted an unpaid salary and bonus from the cap hit). Salary and other bonuses are separate from the guaranteed money.

    You are subtracting his bonus and salary for 2008 twice, that is not how it works. Funny, for someone who always talks about others not understanding how the cap works, you are now showing that you have no clue what you are talking about. We keep Griese he counts 2.6 Mill against the cap if we cut him he counts as 2.7 (for 2008 assuming we cut him before june 1st).

    I sincerely doubt you have an accouting backround( if do i'm embarrassed for you)

    Here' is what you just did, a player is cut so you:

    A) take his unamortized bonus left(Years 2008,2009,2010=$2.7mill) - 2008 salary and bonus($1.7 million) - His  2008 unamortized bonus AGAIn($900,000) = $100,000

    the correct equation  is:

    B) Take a players Unamortized bonus left- his 2008 salary,bonus and LBTE= amount saved( or costs) =$2.7 mill - $1.7 mill=$1 million cost

    As said If you have a accounting background and count his 2008 unamortized bonus AS BOTH a debit and credit, you probably didn't do very well. what kills me is you even post the correct idea, just do not follow though with the logic.

    ++So so far 1,800,000 has counted against the cap leaving another 2,700,000 which needs to be attributed to the cap at some point or another++

    But because you just want to argue, you still say $100,000 is correct not $1 million, despite even having the correct thought in your post, that is scary.

    Wow, your inability to understand what you are reading is astounding. The FULL amount of his unamortized bonus MUST HIT THE CAP. If we keep him we have to pay him 1/5th of that amount so $900,000 plus his salary of 1.4 mill and bonus of 300,000 for a grand total of 2.6 Million. If we do cut him we don't have to pay him his salary and roster bonus(so 2.6 Million minus 1.7 million = $900,000) or count it against the cap. However, you do have to count the rest of his signing bonus in that years cap (if you do it before june 1st). So, therefore, you now have to count the $900,000 plus the rest of the signing bonus that is unaccounted for (1.8 Mill) for a grand Total of 2.7 Million. YOU HAVE ALREADY SUBTRACTED THE SIGNING BONUS AND SALARY FOR 2008.

    What you are saying is that you get the 2.6 Million he would count against the cap and subtract the roster bonus and salary (1.7) leaving the 900,000 (1/5th of signing bonus). You than say that you have to pay out the remainder of the signing bonus (1.8) but you get to subtract his 2008 roster bonus and salary (1.7 Mill) AGAIN.

    You are correct that if we cut him we don't count his 2008 Roster bonus and Salary against the cap but you do not get to account for that money twice.

    Since you want to put it in accounting terms I will do that for you as well. You paid out the full roster bonus but you have credited each of the 5 years with 1/5th of that amount (900,000). for 2008 you have also accounted for a credit of 1.4 Mill (salary) and 300,000 (roster bonus). Now 2008 rolls around and we have cut Griese so we no longer have to pay the salary or roster bonus so you debit back 1.7 Million. This Leaves you a credit of $900,000. Now you have to account for the remainder of the signing bonus (1.8 Mill) so you credit that amount leaving you 2.7 Mill.

    You were planning on paying a roster bonus and salary in 2008 so you accounted for that already. Since he got cut you than get to get rid of those 2 portions (roster bonus and salary) and than account for the rest of the signing bonus YOU DON'T GET TO SUBTRACT THE  ROSTER BONUS AND SALARY A SECOND TIME. 

  •  12-29-2007, 11:29 AM 809891 in reply to 809843

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    ++astounding. The FULL amount of his unamortized bonus MUST HIT THE CAP. If we keep him we have to pay him 1/5th of that amount so $900,000 plus his salary of 1.4 mill and bonus of 300,000 for a grand total of 2.6 Million. If we do cut him we don't have to pay him his salary and roster bonus++

    LOLOL!

    thanks for laugh. you are so gone in your hatred, you can't even understand what you are posting.

    A. The FULL amount of his unamortized bonus  is 3/5 ( 2008,2009,2010-rght?) 2.7 million THAT MUST HIT THE CAP.. and as you said subtract his pay ( salary and roster bonus)=1.7 million( 1.4 + 300K)= 1 million.

    so why are you then after even posting this.. AGAIN adding another 900,000 to what we "pay" him in 2008?.. you can't even follow your own posts.,Why woould you deduct 900K in signiong bonus if HE'S NOT HERE?.. and already accounted for the 900K in 2008 in the Original 2.7 million( 2008,2009,2010).. why can't you understand you ARE COUNTED the 900,000 in 2008 unamortized bonus TWICE??

    sad.

    And not that matters I've consistently said the same thing, and despite you telling me I'm wrong.. so far you have changed from the correct answer is 100,000.. then 900,000  .

    Ever think since you already have changed your answer TWICE, despite each time telling me I'm wrong.. ITS YOU, not me that is incorrect?

    what your problem is you can't "grasp the concept" of his "cap number", is not not a strict "cash outplay".. but made up of a cash outlay( 1.7 million) AND an unamortized SB number( that is a constant whether here or not) of 900K.. so his "pay" in 2008 NOT 2.6 million,but 1.7 million, but his cap numner is 2.6 million as to why keep getting confused.

    when he's cut, that 900,000 still on books, but you add another 2 years= 2.7 million.. but you DO NOT SUBTRACT teh same 900,000  becuase its not "pay"


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 12:03 PM 809965 in reply to 809891

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:

    ++astounding. The FULL amount of his unamortized bonus MUST HIT THE CAP. If we keep him we have to pay him 1/5th of that amount so $900,000 plus his salary of 1.4 mill and bonus of 300,000 for a grand total of 2.6 Million. If we do cut him we don't have to pay him his salary and roster bonus++

    LOLOL!

    thanks for laugh. you are so gone in your hatred, you can't even understand what you are posting.

    A. The FULL amount of his unamortized bonus  is 3/5 ( 2008,2009,2010-rght?) 2.7 million THAT MUST HIT THE CAP.. and as you said subtract his pay ( salary and roster bonus)=1.7 million( 1.4 + 300K)= 1 million.

    so why are you then after even posting this.. AGAIN adding another 900,000 to what we "pay" him in 2008?.. you can't even follow your own posts.,Why woould you deduct 900K in signiong bonus if HE'S NOT HERE?.. and already accounted for the 900K in 2008 in the Original 2.7 million( 2008,2009,2010).. why can't you understand you ARE COUNTED the 900,000 in 2008 unamortized bonus TWICE??

    sad.

    And not that matters I've consistently said the same thing, and despite you telling me I'm wrong.. so far you have changed from the correct answer is 100,000.. then 900,000  .

    Ever think since you already have changed your answer TWICE, despite each time telling me I'm wrong.. ITS YOU, not me that is incorrect?

    what your problem is you can't "grasp the concept" of his "cap number", is not not a strict "cash outplay".. but made up of a cash outlay( 1.7 million) AND an unamortized SB number( that is a constant whether here or not) of 900K.. so his "pay" in 2008 NOT 2.6 million,but 1.7 million, but his cap numner is 2.6 million as to why keep getting confused.

    when he's cut, that 900,000 still on books, but you add another 2 years= 2.7 million.. but you DO NOT SUBTRACT teh same 900,000  becuase its not "pay"

    Wow, amazing. I have never said the difference is 900,000. In my original post i was trying to figure out where you and another poster were differing and when I looked at your original post in the thread I saw that you had not accounted for $900,000. I have always maintained in every post that if we cut Griese he will count as 2.7 Million against the cap and if we keep him he will count for 2.6 (a difference of 100,000).

    I have no problem, You are are the one who cannot seem to figure out that 2.6 Million (scheduled cap hit for Griese if we keep him) MINUS 1.7 MILLION (roster bonus and salary portion) equals $900,000 (1/5th of 4.5 Mill signing bonus) now you add 1.8 Million (the other 2/5th of his signing bonus) equals 2.7 Mill. YOU DO NOT GET TO SUBTRACT THE 1.7 Million (2008 roster and salary) A SECOND TIME.

    I capitalized where I have already ALREADY SUBTRACTED the 2008 roster bonus and salary. YOU ARE SUBTRACTING IT TWICE. Please read the second paragrah of this post about 10 times and please try to grasp what I am saying.

     

     

  •  12-29-2007, 12:18 PM 809996 in reply to 809965

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    bearsfansincebirth:
    dbears54:

    ++astounding. The FULL amount of his unamortized bonus MUST HIT THE CAP. If we keep him we have to pay him 1/5th of that amount so $900,000 plus his salary of 1.4 mill and bonus of 300,000 for a grand total of 2.6 Million. If we do cut him we don't have to pay him his salary and roster bonus++

    LOLOL!

    thanks for laugh. you are so gone in your hatred, you can't even understand what you are posting.

    A. The FULL amount of his unamortized bonus  is 3/5 ( 2008,2009,2010-rght?) 2.7 million THAT MUST HIT THE CAP.. and as you said subtract his pay ( salary and roster bonus)=1.7 million( 1.4 + 300K)= 1 million.

    so why are you then after even posting this.. AGAIN adding another 900,000 to what we "pay" him in 2008?.. you can't even follow your own posts.,Why woould you deduct 900K in signiong bonus if HE'S NOT HERE?.. and already accounted for the 900K in 2008 in the Original 2.7 million( 2008,2009,2010).. why can't you understand you ARE COUNTED the 900,000 in 2008 unamortized bonus TWICE??

    sad.

    And not that matters I've consistently said the same thing, and despite you telling me I'm wrong.. so far you have changed from the correct answer is 100,000.. then 900,000  .

    Ever think since you already have changed your answer TWICE, despite each time telling me I'm wrong.. ITS YOU, not me that is incorrect?

    what your problem is you can't "grasp the concept" of his "cap number", is not not a strict "cash outplay".. but made up of a cash outlay( 1.7 million) AND an unamortized SB number( that is a constant whether here or not) of 900K.. so his "pay" in 2008 NOT 2.6 million,but 1.7 million, but his cap numner is 2.6 million as to why keep getting confused.

    when he's cut, that 900,000 still on books, but you add another 2 years= 2.7 million.. but you DO NOT SUBTRACT teh same 900,000  becuase its not "pay"

    Wow, amazing. I have never said the difference is 900,000. In my original post i was trying to figure out where you and another poster were differing and when I looked at your original post in the thread I saw that you had not accounted for $900,000. I have always maintained in every post that if we cut Griese he will count as 2.7 Million against the cap and if we keep him he will count for 2.6 (a difference of 100,000).

    I have no problem, You are are the one who cannot seem to figure out that 2.6 Million (scheduled cap hit for Griese if we keep him) MINUS 1.7 MILLION (roster bonus and salary portion) equals $900,000 (1/5th of 4.5 Mill signing bonus) now you add 1.8 Million (the other 2/5th of his signing bonus) equals 2.7 Mill. YOU DO NOT GET TO SUBTRACT THE 1.7 Million (2008 roster and salary) A SECOND TIME.

    I capitalized where I have already ALREADY SUBTRACTED the 2008 roster bonus and salary. YOU ARE SUBTRACTING IT TWICE. Please read the second paragrah of this post about 10 times and please try to grasp what I am saying.

    hopeless.

    you can't grasp the idea of a "balance sheet".. until do please do not ruin this thread.

    $2.7 million IS the "cap hit" if we do not sign griese( meaning not on team) which has his 900K unamortized from 2008 in it+ 2009 and 2010- only thing you get correct!

    $1.7 million is griese salary and bonus for 2008( 1.4 million salary and bonus). he doesn't receive if not here. NOt $ 2.6 million!!!!!!!!!!!!!!!!!!

    $1 million the difference if griese is not here on what "costs the bears"

    You do not "add" AGAIn griese 2008 unamortized bonus if he's not here( already put it in his 2.7 million) to his 2008 "pay"... and say its 2.7 million-2.6 million or a 100,000 difference. geez! you do not "save" his 900,000 from his cap number! its goes into teh 2.7 million!!.. you .not me is counting the 9000,000 TWICE!! and if you take your 100,000 and add BACK the 900,000 2008 unamortized bonus you COUNTED TWICE.. wait for it.. you come to a 1 millon difference~.. hmm where was that said before?

    Its "only added" if on team NOT if he's not here.. why can't this simple accouting 101 conept not hit home?? unless you really do not have a accounting backround?

    and here's a concept HIS UNAMORTIZED BONUS THEN is 1.8 million left! NOt 2.7 million

    Until the above concept hits home, please stop posting

    you do not underatand taking a budget and tranlating it into a actual blance sheet( cap numbers)

    thank you

     


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 12:43 PM 810036 in reply to 809996

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:
    bearsfansincebirth:
    dbears54:

    ++astounding. The FULL amount of his unamortized bonus MUST HIT THE CAP. If we keep him we have to pay him 1/5th of that amount so $900,000 plus his salary of 1.4 mill and bonus of 300,000 for a grand total of 2.6 Million. If we do cut him we don't have to pay him his salary and roster bonus++

    LOLOL!

    thanks for laugh. you are so gone in your hatred, you can't even understand what you are posting.

    A. The FULL amount of his unamortized bonus  is 3/5 ( 2008,2009,2010-rght?) 2.7 million THAT MUST HIT THE CAP.. and as you said subtract his pay ( salary and roster bonus)=1.7 million( 1.4 + 300K)= 1 million.

    so why are you then after even posting this.. AGAIN adding another 900,000 to what we "pay" him in 2008?.. you can't even follow your own posts.,Why woould you deduct 900K in signiong bonus if HE'S NOT HERE?.. and already accounted for the 900K in 2008 in the Original 2.7 million( 2008,2009,2010).. why can't you understand you ARE COUNTED the 900,000 in 2008 unamortized bonus TWICE??

    sad.

    And not that matters I've consistently said the same thing, and despite you telling me I'm wrong.. so far you have changed from the correct answer is 100,000.. then 900,000  .

    Ever think since you already have changed your answer TWICE, despite each time telling me I'm wrong.. ITS YOU, not me that is incorrect?

    what your problem is you can't "grasp the concept" of his "cap number", is not not a strict "cash outplay".. but made up of a cash outlay( 1.7 million) AND an unamortized SB number( that is a constant whether here or not) of 900K.. so his "pay" in 2008 NOT 2.6 million,but 1.7 million, but his cap numner is 2.6 million as to why keep getting confused.

    when he's cut, that 900,000 still on books, but you add another 2 years= 2.7 million.. but you DO NOT SUBTRACT teh same 900,000  becuase its not "pay"

    Wow, amazing. I have never said the difference is 900,000. In my original post i was trying to figure out where you and another poster were differing and when I looked at your original post in the thread I saw that you had not accounted for $900,000. I have always maintained in every post that if we cut Griese he will count as 2.7 Million against the cap and if we keep him he will count for 2.6 (a difference of 100,000).

    I have no problem, You are are the one who cannot seem to figure out that 2.6 Million (scheduled cap hit for Griese if we keep him) MINUS 1.7 MILLION (roster bonus and salary portion) equals $900,000 (1/5th of 4.5 Mill signing bonus) now you add 1.8 Million (the other 2/5th of his signing bonus) equals 2.7 Mill. YOU DO NOT GET TO SUBTRACT THE 1.7 Million (2008 roster and salary) A SECOND TIME.

    I capitalized where I have already ALREADY SUBTRACTED the 2008 roster bonus and salary. YOU ARE SUBTRACTING IT TWICE. Please read the second paragrah of this post about 10 times and please try to grasp what I am saying.

    hopeless.

    you can't grasp the idea of a "balance sheet".. until do please do not ruin this thread.

    $2.7 million IS the "cap hit" if we do not sign griese( meaning not on team) which has his 900K unamortized from 2008 in it+ 2009 and 2010- only thing you get correct!

    $1.7 million is griese salary and bonus for 2008( 1.4 million salary and bonus). he doesn't receive if not here. NOt $ 2.6 million!!!!!!!!!!!!!!!!!!

    $1 million the difference if griese is not here on what "costs the bears"

    You do not "add" AGAIn griese 2008 unamortized bonus if he's not here( already put it in his 2.7 million) to his 2008 "pay"... and say its 2.7 million-2.6 million or a 100,000 difference. geez!

    Its "only added" if on team NOT if he's not here.. why can't this simple accouting 101 conept not hit home?? unless you really do not have a accounting backround?

    and here's a concept HIS UNAMORTIZED BONUS THEN is 1.8 million left! NOt 2.7 million

    Until the above concept hits home, please stop posting

    you do not underatand taking a budget and tranlating it into a actual blance sheet( cap numbers)

    thank you

     

    You just agreed that the cap hit is 2.7 Million if we cut Griese. you said it is the only thing I have correct.

    The original poster who was questioning your numbers said this exactly and you said that you get to subtract his 1.7 Mill salary and roster bonus from that for a hit of 1 million. Now you are saying that the cap hit would be 2.7 million which is what the argument was originally about. What exactly are you disagreeing about? If we keep Griese in 2008 he will accout for 2.6 Million against the cap (1/5th of signing bonus, salary and roster bonus).

    It is sad that you cannot comprehend what I am saying and that you continually try to belittle in order to make yourself feel better. I 100% understand accounting principals and even put it into those terms for you (which you ignored).

     

  •  12-29-2007, 1:06 PM 810069 in reply to 810036

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    i didn't agree his "cap hit" was 2.7 million, agreed the BEGINNING part is 2.7 million BUt you need to subtract from that his 2008 salary and bonus(  4 post ago you agree needs to be done.. now saying no?) becuase you have already accounted for this.. you just argue in circles its beyond tedious.. You can't understand the concept of his "pay" in 2007 is 1.7 million and his cap # of 2.6 million 2 different things, But since you do not understand this, nor willing to accept it.. time for ignore I understand perfectly well what you are saying, BUT ITS WRONG, because you are counting the 900,000 TWICE

    the correct equation  is:

    B) Take a players Unamortized bonus left( 2.7 million)- his 2008 salary,bonus and LBTE( 1.7 million)= amount saved( or costs).. = 1 million

    you keep saying the cap difference is

    players unamortized bonus 2008, 2009 ,2010( same $2.7 million)- his salary -roster bonus( 1.7 million) -his unmortized 2008 bonus again( 900,000)= 100,000

    Sorry can't help you anymore if you can't see you count the 900,000 twice to get a 100,000 difference

    the "concept" of his 900,000 being part of his cap number if stays, BUt part of his "unamortized cap ONLY" if leaves never hits home..


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 1:21 PM 810093 in reply to 810069

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:

    i didn't agree his "cap hit" was 2.7 million, agreed the BEGINNING part is 2.7 million BUt you need to subtract from that his 2008 salary and bonus(  4 post ago you agree needs to be done.. now saying no?) becuase you have already accounted for this.. you just argue in circles its beyond tedious.. You can't understand the concept of his "pay" in 2007 is 1.7 million and his cap # of 2.6 million 2 different things, But since you do not understand this, nor willing to accept it.. time for ignore I understand perfectly well what you are saying, BUT ITS WRONG, because you are counting the 900,000 TWICE

    the correct equation  is:

    B) Take a players Unamortized bonus left( 2.7 million)- his 2008 salary,bonus and LBTE( 1.7 million)= amount saved( or costs).. = 1 million

    you keep saying the cap difference is

    players unamortized bonus 2008, 2009 ,2010( same $2.7 million)- his salary -roster bonus( 1.7 million) -his unmortized 2008 bonus again( 900,000)= 100,000

    Sorry can't help you anymore if you can't see you count the 900,000 twice to get a 100,000 difference

    the "concept" of his 900,000 being part of his cap number if stays, BUt part of his "unamortized cap ONLY" if leaves never hits home..

    Real simple. If we cut him he counts as 2.7 million against the cap (portion of signing bonus that had not been accounted for) if we keep him he counts as 2.6 Million against the cap (salary, roster bonus and 1/5th of signing bonus). Which part do you disagree with?

     I think You are getting confused between how much money the Bears organization saves and how much of a cap hit they take. If the Bears cut Griese they would save 1.7 Million dollars (salary + roster bonus) in cash money  but than they take an additional 1.8 Million in cap hit (the other 2/5th of the signing bonus) for a total cap hit of 2.7 Mill.

    Just let me know what part you disagree with in the first paragrah and I will not come back until I can prove it.

  •  12-29-2007, 1:52 PM 810120 in reply to 810093

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    bearsfansincebirth:
    dbears54:

    i didn't agree his "cap hit" was 2.7 million, agreed the BEGINNING part is 2.7 million BUt you need to subtract from that his 2008 salary and bonus(  4 post ago you agree needs to be done.. now saying no?) becuase you have already accounted for this.. you just argue in circles its beyond tedious.. You can't understand the concept of his "pay" in 2007 is 1.7 million and his cap # of 2.6 million 2 different things, But since you do not understand this, nor willing to accept it.. time for ignore I understand perfectly well what you are saying, BUT ITS WRONG, because you are counting the 900,000 TWICE

    the correct equation  is:

    B) Take a players Unamortized bonus left( 2.7 million)- his 2008 salary,bonus and LBTE( 1.7 million)= amount saved( or costs).. = 1 million

    you keep saying the cap difference is

    players unamortized bonus 2008, 2009 ,2010( same $2.7 million)- his salary -roster bonus( 1.7 million) -his unmortized 2008 bonus again( 900,000)= 100,000

    Sorry can't help you anymore if you can't see you count the 900,000 twice to get a 100,000 difference

    the "concept" of his 900,000 being part of his cap number if stays, BUt part of his "unamortized cap ONLY" if leaves never hits home..

    Real simple. If we cut him he counts as 2.7 million against the cap (portion of signing bonus that had not been accounted for) if we keep him he counts as 2.6 Million against the cap (salary, roster bonus and 1/5th of signing bonus). Which part do you disagree with?

     I think You are getting confused between how much money the Bears organization saves and how much of a cap hit they take. If the Bears cut Griese they would save 1.7 Million dollars (salary + roster bonus) in cash money  but than they take an additional 1.8 Million in cap hit (the other 2/5th of the signing bonus) for a total cap hit of 2.7 Mill.

    Just let me know what part you disagree with in the first paragrah and I will not come back until I can prove it.

    LOL you JUST WROTE THE ANSWER

    ++. If the Bears cut Griese they would save 1.7 Million dollars (salary + roster bonus) in cash money  but than they take an additional 1.8 Million in cap hit (the other 2/5th of the signing bonus) for a total cap hit of 2.7 Mill.

    so if you take your "savings' of 1.7 million ,but have an additional 2.7 million cap hit  ITS.. wait for it.. A $1 milliion difference!! when figuring the cost or saving to a club to make a move.

    you finally "get it", just hate to much and can't admit i was right. Its ok time to move on.

    All  statements are correct.( despite you not understanding it)

    1. If he stays his cap # is $2.6 million( 1.7 mill. = 900K Sb)

    2. the cap hit for his unamortized bonus PORTON if cut is 2.7 million

    3.. If cut... you take a cap hit  of unamortized SB of 2.7 million, which is his 2008,2009,2010 [and] you then deduct the salary and bonus THAT WAS NOT paid( 1.7)= 1 million  to figure the cost/saving to club

    that is all

     


    “All I was trying to say is, we’ve got Chicago fans coming down, there’s going to be a lot of them, they get excited for their football team, they get excited to come to the game. So, in turn, them coming to the game brings a football atmosphere that I’m used to, and that gets me excited . ..richie incognito
  •  12-29-2007, 2:03 PM 810132 in reply to 805809

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    dbears54:
    MilBear:
    dbears54:

    Bearsfaninaz:
    So if we cut R.Brown, MM, M.Brown (restructure maybe), F. Miller, AA, RMJ and Walker what kind of savings we looking at? Also is that after June 1st where we can take the hit spread it over 2 years?

    Bears one of the teams that doesn't like to mortage the future, by cutting after june 1st( what that does is create "dead cap space" in the 2nd year).. So while could do it, its very reare on bears

    And FWIW rueben brown a FA so no need to cut, third post in thread has most of the other guys and cap ramifications..

    So what goes against the cap in the first year if a player is cut versus the second year?   I was under the impression that the player's salary + unamortized signing bonus all goes against the current cap when cut.  Is this before June 1st and then after that point the total is spread over 2 years or just the unamortized signing bonus?

    its 50% /50% into each year on what is remaining on a player's Unamortized bonus( but as said its rare bears use):

    After June 1, the team can stretch their salary cap liability over the next 2 seasons. Let's look at an example, where a player signs a big contract for 4 years, including a $1 million signing bonus.

    If the player is cut after the first year of the contract, the remaining $750,000 of the "un-amoratized" signing bonus hits the cap immediately (accelerates).  However, if he is cut after June 1, the team can spread that money over Year 2 and 3 of the contract instead of taking the full brunt of the cap hit in Year 2.

    Doing this will save $500,000 against the cap hit for Year 2.

    Clearly, this practice is a nice way of freeing up cap space in a given year.  Note, however, that the money still has to be accounted for against the cap -- and the remaining $500,000 that was never accounted for will hit the cap in Year 3.  In essence, many NFL teams have mortgaged their future by overusing this practice, whereby they continue to pay against the cap for players who have not been on the roster for over a year.

    How much of this plan by some teams is based on the salary cap increasing in the future?

    In 2005 the cap was set at $85.5 Million, in '06 with the extension the cap was roughly $102 Million, and 2007 is $109 Million. I hear the 2008 cap will be roughly $116 Million, i.e. $7m more than '06.

    Do the Bears know what the 2009, 2010, 2011, 2012 caps will be so they can plan ahead? I can't find any information about the long term cap. Some teams have obviously had a benefit with the CBA extension.

    Is it the best plan to act like Chicago and count your penny's that carefully?

     

     


    Packer Gag:
    "ESPN Interview. Puker Coach Mike McCarthy gets asked how the Packers will do next season....McCarthy says 'well perhaps 6-10 or 7-9, you know Favre has quit so it might be tough'. Lovie Smith is asked how the Bears will do next season....Lovie says 'Well it has to be 16-0 and WIN the Superbowl by at least 40-50 points...and Forte will break 2,500 yards and Orton will throw for well over 50td's, and I can see Bryant catching at least 150 passes. ESPN reporter says 'Lovie you are getting a bit carried away eh!'....Lovie says...'he started it''
  •  12-29-2007, 2:11 PM 810138 in reply to 810132

    Re: 2008- CHICAGO BEARS SALARY CAP THEAD

    KingLa