In response to prolate0spheroid's comment:
In response to rkarp's comment:
can anyone on this board read?
once a player is cut, there is no contract. there is nothing to void, innocent or guilty, there is no contract to void. the Pats owe Hern NOTHING on his contract. The Pats do owe Hern his signing bonus, which was agreed to while he was an active player on the team. the amount remaining on his bonus is $7.5M...for all we know, Hern already has this money. it is simply a salary cap accounting procedure to amortize the bonus over the contract term...once the contract is terminated, the bonus can no longer be amortized...
Harvey, you said you were an expert on cap issues...clearly you are clueless, just like I said a long time ago
Just a clarification. His signing bonus was paid in full. What's prorated is the amount of the bonus that is counted against the salary cap. The actual money, however, is (usually) paid in full at the time of signing. So if I have a 5 million signing bonus on a five-year contract, the team pays me the full 5 million when I sign, but they are allowed to count one million of that bonus per year against the cap. All the proration does is spread the cap hit out. The real money (all of it) is paid right away to the player.
Right. But, the cap hits in future years will be nullified if the Pats sue for that money. RKrap is just assuming, incorrectly as per usual, that the money is a done deal, when we don't know that.
Again, see the Fanene situation. I thought we should have gotten more back, but whatever.
This is pretty new territory here, but I believe when Vick went to jail while with Atlanta, the Falcons recouped some money that would have hit their cap in the future.
Ok, so this Doty loser, I don't think will be anywhere near the swift case with Hernandez when the Krafts immediately go after it after conviction:
This was 3 full years before the Lockout, too, when Doty may or may not have been on the take from the union. He was the same guy who was sitting around the Lockout fiasco all summer, delaying that.
As bad as the dogfighting thing was, I am pretty sure murdering is a lot worse. lmao
"However, he wrote, the Falcons can recover $3.75 million of his 2006 signing bonus, which is governed by other rules and is something the union did not challenge."
I would be SHOCKED if the owners didn't put in a general protection clause after Vick sat in prison collecting millions for a felony while not on an active roster.
It's possible Kraft will get either real money back or cap relief from the NFL (or maybe both). That's still to be determined. The dispute about real money will depend on how the court interprets the contract. The salary cap relief is more a league matter.