chawx":1hz5uzul said:
This is the kind of quality post that keeps me coming back to .NET. Thanks OP! Well done.
And that's the exact reason why I do them, thanks
mikeak":1hz5uzul said:
Great great post but one thing I would note that I didn't see there is the third option to reduce cap in 2018
It is not cutting nor extending it is simply taking any 2+ year agreements and converting an amount of the 2018 salary into signing bonus. That will divide that amount over the remaining years left.
It is a real viable option which I believe they used once or twice last year and that some teams use all the time. Chicago even has it as a standard clause that they can do this at any time without approval of the player (who would say no I don't want more cash right now but would rather wait to later...)
It's actually a pretty bad way of managing the cap. Teams that are run poorly do it all the time, teams that have made mistakes and need to dig themselves out of a hole do it as well but it's really not best practice.
In 9 instances out of 10, it just screams 'I didn't get the contract right in the first place'. John has done it a few times unfortunately. I'd hope he doesn't have to do it for a good couple of years.
It's simply an accounting tool to shift cash from one year to another, robbing Paul to pay Pete if you will, it's a credit card.