Category Archive: Renegotiations

May 15

Brian McIntyre: DeAngelo Williams Restructures Deal

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Renegotiations

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Brian McIntyre of Shutdown Corner has reported that the Carolina Panthers have restructured the contract of RB DeAngelo Williams, saving themselves $3.2 million in cap space in 2013.Mac has all the particulars in his deal, but the cliff notes version is that the Panthers will give Williams a $4 million dollar bonus this year and have reduced his overall cash takehome from $18 million to $10 million over the next 3 seasons.

It’s a move that I cant really understand. While this will bring Williams’s salary back in the line with the market in terms of cash value, his … Read the rest

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May 08

The Cowboys and Paycut Options for Doug Free

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Contracts, Renegotiations, Salary cap

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We’ve touched on the Dallas Cowboys and their cap woes many times and also on the reasons why RT Doug Free remains on the Cowboys, but since he is back in the news I just wanted to add some thoughts.

According to Mike Fisher the Cowboys are asking Free to take a salary reduction from $7 million to somewhere between $3.0 and $3.5 million. The number makes sense as it’s the same salary that is being received by fellow castoff Tyson Clabo, just recently signed by the Miami Dolphins. The question is would Free agree to take such a … Read the rest

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Apr 23

Chris Long Restructures Contract with Rams

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Contracts, Renegotiations, Salary cap

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Chris Long has restructured his contract according to Jim Thomas of the St Louis Post Dispatch, converting $6 million of his $13.25 million base salary into a roster bonus. The roster bonus, which is fully guaranteed, will be treated as a prorated signing bonus per CBA rules. This reduces Long’s cap charge from $13.25 million to $8.75 million, a savings of $4.5 million.

The Rams, right up against the salary cap, have a number of high priced contracts on their team making the restructure of Long a no brainer to gain enough cap room to finalize their roster. The … Read the rest

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Apr 21

Thoughts on the Revis Contract with the Buccaneers

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Contracts, New Signings, Renegotiations, Salary cap

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According to Jenna Laine (and multiple other outlets) Darrelle Revis’ new contract with the Buccaneers will average $16 million a season with no guaranteed money. The contract appears to be a straight $16 million a year in cash contract.

The APY of the deal will match that of DE Mario Williams but will fall short of the yearly cash flows of the first two years of Williams’ DeMarcus Ware, and Terrell Suggs if the reports of the cap structure are true. The contract signals a very different approach between the negotiations between Revis and the New York Jets in … Read the rest

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Apr 18

Breaking Down the Real Value of the Clay Matthews Contract

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Contracts, Renegotiations

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Yesterday we discussed the key metrics to look for when really valuing the Clay Matthews contract and now that the numbers are out per the Milwaukee Journal Sentinel we can put the numbers a bit in perspective compared to the Ware and Suggs contracts we focused on.

Despite the lofty totals of Matthew’s extension his contract is significantly less player friendly than the other contracts. First  of all Matthews has $2.5 million tied up in per game roster bonuses, a major win for the Packers. Neither Mario Williams nor Julius Peppers, the two higher level defensive contracts, have … Read the rest

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Apr 16

Vikings Kevin Williams Takes Paycut

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Renegotiations

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The Vikings Kevin Williams set to earn $7 million in base salary has agreed to a large paycut according to NFLPA records. It had long been rumored that the Vikings were looking to drop Williams salary to a more manageable figure and it would seem as if they were able to finally get him to agree to the contract restructure.

While we do not have exact details of the restructure we do know that His base salary was reduced from $7 million to $4.9 million dollars, a savings of $2.1 million. Williams, in his original contract, also had a $100,000 … Read the rest

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Apr 10

The Buccaneers, Eric Wright, Darrelle Revis, and the Jets

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Renegotiations, Roster Moves, Trades

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Per Ian Rapoport of NFL.com the Tampa Bay Buccaneers have renegotiated the contract of CB Eric Wright reducing his base salary from $7.75 million to $1.5 million, a $6.25 million dollar paycut. While Wright can earn up to another $1.5 million in unknown incentives it is likely that these incentives will not count towards the salary cap in the 2013 season. This move leaves the Buccaneers with about $33 million in cap space which opens up a number of questions about what they plan on doing with the cap room.

First I just wanted to discuss the situation with Wright. … Read the rest

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