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Falcons Jason La Canfora On Brent Grimes
02-21-2012, 06:51 PM
Post: #31
RE: Jason La Canfora On Brent Grimes
Nowhere in what you quoted did I say that teams will not receive cap relief. I said, once money is paid it has to come off a team's cap, and it cannot be transferred as part of a trade.

If Turner stays with us the next two years his cap hit would be 7.5 (2.5 prorated bonus + 5 salary) and 8.0 (2.5 prorated bonus + 5.5 salary) in 2012 and 2013. If we cut or trade Turner now his cap hit for 2012 and 2013 will be 5 (2.5 + 2.5 prorated bonus from 2012 and 2013) and 0, respectively. So if we trade him today we'll get cap relief of 2.5M, not 7.5M, for this year and 8.0 next. If we trade or cut him after June 1st, we'll get cap relief of 5M this year and 5.5M next. In any case, the 5M prorated bonus we have paid him will come off our cap at some point. We cannot get rid of that as part of a trade.

You have to realize that salary cap works differently in NBA and NHL and MLS so maybe the athletes you worked with were not NFL players.
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Messages In This Thread
Jason La Canfora On Brent Grimes - atljbo - 02-20-2012, 12:54 AM
RE: Jason La Canfora On Brent Grimes - ggp - 02-20-2012, 10:20 AM
RE: Jason La Canfora On Brent Grimes - skn - 02-21-2012, 06:32 AM
RE: Jason La Canfora On Brent Grimes - dmo_dlo - 02-21-2012 06:51 PM