Re: Sebastian Vollmer
posted at 3/25/2013 5:34 PM EDT
In response to TFB12's comment:
I think what everyone is trying to agree upon or what everyone should be trying to agree upon is how much total cap dollar
is the team going to be on the books for if Arrington is cut.... I don't care what the guy ends up pocketing... I want to know the total cap charge if he is cut....
After season 1
After season 2
after season 3
after season 4
This is based on my understanding of the contract. He received a 7.5 million signing bonus. That hit is prorated over the life of the contract meaning it accounts for 1.625 million dollars of the cap in the years 2013-2016 regardless of what happens to him.
In his first season he will count 2.625 million against the cap. If he is cut after 2013 it will create 4.875 million in dead money (the 1.625 portions of his prorated bonus over the remaining 3 years 2014, 2015 and 2016) meaning his total cap hit will be 7.5 million spread over 4 years (the 2.625 in the first year which he played and then the prorated portions of his bonus in the 3 seasons he doesn't)
In his second season he will count 3.625 million against the cap. If he is cut after 2014 it will create 3.25 million in dead money (again the 2 remaining seasons worth of prorated bonus). That would make his total cap hit 9.5 million over 4 years (2.625 in season 1, 3.625 in season 2 and then 1.625 is seasons 3 and 4 when he isn't on the team).
In his third season he will count 4.625 million against the cap. If he is cut after 2015 it will creatae 1.625 million in dead money (the prorated portion of his bonus in 2016). That would make his total cap hit 12.5 million over 4 years (2.625 in his first season, 3.625 in his second, 4.625 in his third and 1.625 in the 4th season when he isn't on the team.
In his fourth season he will count 5.125 million against the cap. If he plays out his contract the total cap hit is 16 million over 4 years (2.625, 3.625, 4.625, 5.625). The cap hit in the 4th season is a bit high although the salary cap should go up by then. My guess is after year 3 BB will either ask Kyle to renegotiate or cut him unless he becomes a much better corner meaning Arrington will only count 12.5 against the cap over 4 years as described in the scenario where I mentioned what happens if he is cut after the 3rd season.