gocougs789
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Does unloading Flynn's salary help pay for Harvin?
Actually this trade is contingent on a physical and a new contract. Harvin gets a new contract if he comes hereAxx":2akoyucn said:well NO actually, we are still paying him his rookie Contract of 2.7 mil this year.
But the fact that we gave a first mid and 7th round pick makes you assume that next year we will give him a Zack Miller Contract.
I havnt been on this forum for to long but apparently a lot of people were crying with Miller got paid and now they're all apologetic. I'm sure the same thing is happening right now.
kidhawk":2ays5bwi said:The first year of his new deal won't be an issue, these are almost always the most cap friendly years. The reason is because they get the entire signing bonus up front, so they can take a minimal contract. The bonus is stretched out over the length of the contract, so if he gets a $10 million bonus this year and signs a contract that pays him $500,000 this year then ups the annual salary annually until it totals his $50 million for 5 years (using the guesses at $10 million per year I've seen out there) It could easily look something like this...
Signing bonus $15 million
1st year - $500,000
2nd year - $8,000,000
3rd year - $8,500,000
4th year - $9,000,000
5th year - $9,000,000
Making his cap hits look like this:
1st year - $3,500,000
2nd year - $11,000,000
3rd year - $11,500,000
4th year - $12,000,000
5th year - $12,000,000
This assumes they aren't heavily back loading the deal. No matter what though, the first year will be substantially less than the years that follow. This gives us a full season of good cap value to evaluate the rest of the talent on the team and see where we may want to restructure or release anyone
Happypuppy":69nkbr7d said:kidhawk":69nkbr7d said:The first year of his new deal won't be an issue, these are almost always the most cap friendly years. The reason is because they get the entire signing bonus up front, so they can take a minimal contract. The bonus is stretched out over the length of the contract, so if he gets a $10 million bonus this year and signs a contract that pays him $500,000 this year then ups the annual salary annually until it totals his $50 million for 5 years (using the guesses at $10 million per year I've seen out there) It could easily look something like this...
Signing bonus $15 million
1st year - $500,000
2nd year - $8,000,000
3rd year - $8,500,000
4th year - $9,000,000
5th year - $9,000,000
Making his cap hits look like this:
1st year - $3,500,000
2nd year - $11,000,000
3rd year - $11,500,000
4th year - $12,000,000
5th year - $12,000,000
This assumes they aren't heavily back loading the deal. No matter what though, the first year will be substantially less than the years that follow. This gives us a full season of good cap value to evaluate the rest of the talent on the team and see where we may want to restructure or release anyone
I suspect you are right. They do like to front load. Back loading is like using a credit card at some point the bill is due. I was thinking the 1st year would be 10 at signing and 7 in salary
SeaTown81":1th0n07r said:See, this is why people were wrong for saying that it wasn't a waste paying Flynn so much to be a backup. The money can be used for actual starters.
SeaTown81":th1fyt9q said:It doesn't force it, but it definitely makes a Flynn trade much more desirable. Cutting him doesn't save us any money. Trading him does. So you take whatever you can for him in a trade, IMO.
See, this is why people were wrong for saying that it wasn't a waste paying Flynn so much to be a backup. The money can be used for actual starters.