Kam holding out for more money

[onanygivensunday]

I heard yesterday that Kam is the only player in the league holding out for money right now. ukeface:
I hope the Seahawks stay strong and he comes to his senses. Kam has no leverage, what is he going to do, sit out the season and give up his 8 million dollars?

His salary for 2015 is $4.45M... fully guaranteed... not $8M.

Source

 

[Hasselbeck]

I heard yesterday that Kam is the only player in the league holding out for money right now. ukeface:
I hope the Seahawks stay strong and he comes to his senses. Kam has no leverage, what is he going to do, sit out the season and give up his 8 million dollars?

His salary for 2015 is $4.45M... fully guaranteed... not $8M.

Source

Either way.. makes no sense a guy wanting more money, would risk losing game checks

They'll wave off the fines gladly.. but missing actual games, that's a whole other story.

 

[SnoCoHawk]

Here's some evil speculation. Kam's hurt more than we know. He got through the Super Bowl and then didn't have off season surgery. He knows this will be his last season and that he may not even make it through the whole year and he wants more guaranteed money.

This is a ludicrous idea, but him holding out, without any leverage, just doesn't make sense/

SC

I don't think that's too outlandish of a theory. They just reported on ESPN that Kam's telling his teammates that he wants some money "moved up". Is that just a way of getting more of his future money now, knowing he'll be renegotiating his contract in the next year or two anyway, or is he trying to get paid now knowing there might not BE a next year or two?

The longer he holds out, the crazier our theories are going to get, I'm sure. :lol:

 

[kujohawk]

I agree with you guys. I'm pretty sure he's hurting more now than when he signed the contract and thinks he won't be playing for the big bucks in 17 and would love to move the money up or turn the contract around whatever.

I don't think it will work and maybe he doesn't think it will work either he really doesn't have a leg to stand on as far as the contract goes but it could also be for him to skip some banging in training camp to give him more time to heal up. Big banging safeties like Kam or Kenney Easley can have pretty short careers. He's starting to hurt more now and this whole money/contract grumbling thing is just a stall tactic for more time off.

If he's really mad about the money I guess he should be mad at his agent and himself that they didn't get more sooner but still how much of a millionaire do you have to be to be set up for life anyway? I think he'll meet up and grumble a little and hold out as long as he can before they start taking money away then come in and be fine. I'm not really worried about this.

 

[StoneCold]

At first I was completely unconcerned about Kam holding out. Hey, if you want ask for more money, more power to you. Because I didn't think it would ever affect the game on the field. I thought there's 0 % chance of that happening. I now think it's still remote, maybe 10%, but it is beginning to seem that there is the possibility that Kam isn't going to play for the Hawks this year. And even if he does there will be bad blood between him and the front office. And I wonder how much of that bad blood might seep into other players. The Hawks cannot give him more money. It's a recipe for disaster. If he is truly intent on getting more, even willing to sit out regular season games, I can see where the Hawks might try to trade him. Which would likely cause more bad blood between players and management.

It just doesn't make sense that he's doing this and I see a bad ending...maybe

 

[45Hawker]

Looking for a more positive rationale for Kam's holdout, I came up with these possibilities:

• (1) Kam is feeling old: His holdout is to minimize camp wear-and-tear on his body - he's 27, but maybe his body feels like 32?
  
  (2) Kam is a nice guy: His brother, SS Keenan Lambert, can get more reps and a better chance of sticking in the league.

Pete and JS are fully in on the "more money" charade - because simply letting Kam have a week or two out of TC wouldn't be good optics for the rest of the team. He won't be fined when he returns, and all 3 of them laugh and hi-five.

Hey, I can hope!

 

[mikeak]

I heard yesterday that Kam is the only player in the league holding out for money right now. ukeface:
I hope the Seahawks stay strong and he comes to his senses. Kam has no leverage, what is he going to do, sit out the season and give up his 8 million dollars?

His salary for 2015 is $4.45M... fully guaranteed... not $8M.

Source

His salary is irrelevant - his compensation for the year is actually $5.65M

$4.5M in pure salary
$1M signing bonus applies to this year
$100k in others per spotract so some bonus

Then you consider 2 years left on the contract and if he doesn't play again he would have to give back the $1M signing bonus for this year and the 2 for the upcoming so if he doesn't want to play for the Seahawks he is looking at forfeiting $4.65M for this year and paying back $3M which comes out to $7.65M ie approximately the $8million

 

[Seafan]

I heard yesterday that Kam is the only player in the league holding out for money right now. ukeface:
I hope the Seahawks stay strong and he comes to his senses. Kam has no leverage, what is he going to do, sit out the season and give up his 8 million dollars?

His salary for 2015 is $4.45M... fully guaranteed... not $8M.

Source

His salary is irrelevant - his compensation for the year is actually $5.65M

$4.5M in pure salary
$1M signing bonus applies to this year
$100k in others per spotract so some bonus

Then you consider 2 years left on the contract and if he doesn't play again he would have to give back the $1M signing bonus for this year and the 2 for the upcoming so if he doesn't want to play for the Seahawks he is looking at forfeiting $4.65M for this year and paying back $3M which comes out to $7.65M ie approximately the $8million

Plus fines. He has no leverage, what he is doing is desperate and the only thing he can do. If his agent is advising this he's not being a good agent.

 

[Hasselbeck]

At first I was completely unconcerned about Kam holding out. Hey, if you want ask for more money, more power to you. Because I didn't think it would ever affect the game on the field. I thought there's 0 % chance of that happening. I now think it's still remote, maybe 10%, but it is beginning to seem that there is the possibility that Kam isn't going to play for the Hawks this year. And even if he does there will be bad blood between him and the front office. And I wonder how much of that bad blood might seep into other players. The Hawks cannot give him more money. It's a recipe for disaster. If he is truly intent on getting more, even willing to sit out regular season games, I can see where the Hawks might try to trade him. Which would likely cause more bad blood between players and management.

It just doesn't make sense that he's doing this and I see a bad ending...maybe

There is nothing to worry about here.

He will end his holdout before the Rams game.. the camp fines will be forgiven.. and everyone moves on.

 

[mikeak]

At first I was completely unconcerned about Kam holding out. Hey, if you want ask for more money, more power to you. Because I didn't think it would ever affect the game on the field. I thought there's 0 % chance of that happening. I now think it's still remote, maybe 10%, but it is beginning to seem that there is the possibility that Kam isn't going to play for the Hawks this year. And even if he does there will be bad blood between him and the front office. And I wonder how much of that bad blood might seep into other players. The Hawks cannot give him more money. It's a recipe for disaster. If he is truly intent on getting more, even willing to sit out regular season games, I can see where the Hawks might try to trade him. Which would likely cause more bad blood between players and management.

It just doesn't make sense that he's doing this and I see a bad ending...maybe

There is nothing to worry about here.

He will end his holdout before the Rams game.. the camp fines will be forgiven.. and everyone moves on.

I agree with this assesment - the issue is that if you end it that late then you frequently see soft tissue injuries from players going to hard to soon.....

 

[vin.couve12]

This is capitalism, people. Value of positions, "contacts" that are only slightly "contracts" in reality, etc.

When you're not good at something you want a socialistic approach because "it's not fair." Then when you are good at something then all of the sudden you want what you deserve.

There's a lot of full of ish posts up in here. Grow up already.

 

[andyh64000]

Sounds to me like he might be having some cash flow problems...

ESPN's Josina Anderson, who reported early on Thursday that Chancellor is ready to stretch his holdout into the regular season, added a report Thursday evening on what it might take to get Chancellor back with the team.
"I’m told what would help assuage Seattle Seahawks S Kam Chancellor’s holdout is better cash flow over the first two years of the remaining three on his current deal," Anderson posted to Facebook. "One way a cap-tight team that’s relatively cash-rich can hypothetically achieve this would be by converting the majority of the $9.65M Chancellor is due in base salary over the next 2 years to signing bonus. Ideally this could be paid out five days after the contract is executed, or perhaps by remitting $3.5M early and another $3.5M by Oct. 1st. Clearly the benefit to a signing bonus conversion is that it allows Chancellor to receive cash earlier, as opposed to waiting for it to be divided over 17 weeks each of the 1st 2 seasons of his current deal, again as base salary.

 

[Sgt. Largent]

Looking for a more positive rationale for Kam's holdout, I came up with these possibilities:

• (1) Kam is feeling old: His holdout is to minimize camp wear-and-tear on his body - he's 27, but maybe his body feels like 32?
  
  (2) Kam is a nice guy: His brother, SS Keenan Lambert, can get more reps and a better chance of sticking in the league.

Pete and JS are fully in on the "more money" charade - because simply letting Kam have a week or two out of TC wouldn't be good optics for the rest of the team. He won't be fined when he returns, and all 3 of them laugh and hi-five.

Hey, I can hope!

I think old is the wrong word, I'd go with "reckless."

IMO after the SB Kam came to the realization that the reckless physical way he plays isn't conducive to having a long career. So he's trying to get all he can now because he knows he might be done 5 years sooner than if he played a little smarter and safer.

 

[Blitzer88]

I would love to see something worked out between the team and Kam, but I don't see the money there to help.

 

[mikeak]

Sounds to me like he might be having some cash flow problems...

ESPN's Josina Anderson, who reported early on Thursday that Chancellor is ready to stretch his holdout into the regular season, added a report Thursday evening on what it might take to get Chancellor back with the team.
"I’m told what would help assuage Seattle Seahawks S Kam Chancellor’s holdout is better cash flow over the first two years of the remaining three on his current deal," Anderson posted to Facebook. "One way a cap-tight team that’s relatively cash-rich can hypothetically achieve this would be by converting the majority of the $9.65M Chancellor is due in base salary over the next 2 years to signing bonus. Ideally this could be paid out five days after the contract is executed, or perhaps by remitting $3.5M early and another $3.5M by Oct. 1st. Clearly the benefit to a signing bonus conversion is that it allows Chancellor to receive cash earlier, as opposed to waiting for it to be divided over 17 weeks each of the 1st 2 seasons of his current deal, again as base salary.

I have actually wondered for quite some time if there is a second huge value to this

Salary for games are taxed based on where the games are. So when they play the Titans they have to pay salary tax in Tennesse.

if you convert the salary to signing bonus and low salary for the week that they play on the road hten I really wonder if the tax hit doesn't significantly get reduced

 

[BlueTalon]

Sounds to me like he might be having some cash flow problems...

ESPN's Josina Anderson, who reported early on Thursday that Chancellor is ready to stretch his holdout into the regular season, added a report Thursday evening on what it might take to get Chancellor back with the team.
"I’m told what would help assuage Seattle Seahawks S Kam Chancellor’s holdout is better cash flow over the first two years of the remaining three on his current deal," Anderson posted to Facebook. "One way a cap-tight team that’s relatively cash-rich can hypothetically achieve this would be by converting the majority of the $9.65M Chancellor is due in base salary over the next 2 years to signing bonus. Ideally this could be paid out five days after the contract is executed, or perhaps by remitting $3.5M early and another $3.5M by Oct. 1st. Clearly the benefit to a signing bonus conversion is that it allows Chancellor to receive cash earlier, as opposed to waiting for it to be divided over 17 weeks each of the 1st 2 seasons of his current deal, again as base salary.

I have actually wondered for quite some time if there is a second huge value to this

Salary for games are taxed based on where the games are. So when they play the Titans they have to pay salary tax in Tennessee.

if you convert the salary to signing bonus and low salary for the week that they play on the road then I really wonder if the tax hit doesn't significantly get reduced

Very good point! I remember working out the state tax thing when Hutch moved to Minnesota -- it cost him almost $4M to make that move from income-tax-free Washington.

Question: Would there be any cap ramifications if that were to happen?

 

[mikeak]

As a signing bonus - I think you can elect not to spread it over remaining years

The other way to do this is to turn it into a bonus and then definately not a cap hit

So take X million and turn it into minimum salary and then the rest is bonus. The bonus is met if he shows up at camp

 

[Sgt. Largent]

As a signing bonus - I think you can elect not to spread it over remaining years

The other way to do this is to turn it into a bonus and then definately not a cap hit

So take X million and turn it into minimum salary and then the rest is bonus. The bonus is met if he shows up at camp

I don't think the stalemate is figuring out how to throw Kam a bone, the stalemate is John and the Hawks don't want to re-do or renegotiate a player's contract with three years left on it.

My guess is John already made a promise that if Kam has a good year they'll look at taking care of him next off season somehow...........but that must not have been good enough to get him in camp.

Which makes me think this is gonna get ugly, Kam doesn't seem like the kind of guy that's going to walk into camp with his tail in between his legs cause he got nothing.

 

[seahawk Dan]

He is doing exactly what Lynch did last year , except I think Lynch is a more important player, they can eventually replace Kam or trade for a excellent punt returner.

 

[hawk45]

As a signing bonus - I think you can elect not to spread it over remaining years

The other way to do this is to turn it into a bonus and then definately not a cap hit

So take X million and turn it into minimum salary and then the rest is bonus. The bonus is met if he shows up at camp

I don't think the stalemate is figuring out how to throw Kam a bone, the stalemate is John and the Hawks don't want to re-do or renegotiate a player's contract with three years left on it.

My guess is John already made a promise that if Kam has a good year they'll look at taking care of him next off season somehow...........but that must not have been good enough to get him in camp.

Which makes me think this is gonna get ugly, Kam doesn't seem like the kind of guy that's going to walk into camp with his tail in between his legs cause he got nothing.

When the leverage is this one-sided, personality type is a much smaller factor. He simply doesn't have any good choices. Which is why Bennett is here despite all the noisemaking.

His leverage is so little that the main reaction to the move is puzzlement. The injury-we-don't know-about angle starts to look like a real angle.

My definition of ugly is missing a regular season game, and unless there is an injury there seems little chance of that. I mean Pete's going to be an unhappy camper if he isn't around by the 2nd preseason game or so, but if Kam is back and healthy for the first regular season game I don't anticipate a real dent in our aspirations this year.