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Star released. Pre-6/1 per Joe B, $1.5M cap savings.


Chandler#81

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Just now, Warcodered said:

it saves cap next year though I think?

It does but with cap going up a lot next year the extra dead of a couple million isn’t going to hurt there. Their cap issues are this year. 
 

Now there are still contracts to restructure and extensions that can create space for Corners or other spots this year. 
 

it just doesn’t make sense to cut star now without the post June one designation UNLESS that 1.5M is needed now to process the agreed to contracts. That’s all just curious to me. But end of the day what needed to happen, happened that contract and lack of impact or availability player is gone. 

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1 hour ago, Hapless Bills Fan said:

 

I'll try.

 

A player's cap hit consists of yearly cash (salary and per-year bonuses like roster and workout).  The player also gets a signing bonus fully paid to him when he signs his contract, but amortized over the years of the contract.  For example, a $10.4M signing bonus on a 4 year contract would be transferred to Star's bank account immediately when he signs. but for salary cap bookkeeping, it can be divided into 4 chunks to count against the salary cap at $2.6M/year.  

 

The player can also have all or part of his yearly cash (salary and roster and option bonuses) guaranteed.  In Star's case, he had $2.5M of his 2022 salary guaranteed. 

 

When the player is cut, the guaranteed part of his yearly cash counts against the cap ($2.5M for Star), as does the chunk of his signing bonus that counts against this year's cap ($2.6M for Star).  The team gets credit for any non-guaranteed salary or bonuses.  So that's $5.1M guaranteed for this year against Star's yearly cap hit of $9.2M, resulting in $4.1M cap savings.  BUT WAIT!

 

Now we get to the decision point: when a player is cut, any guaranteed money or amortized signing bonus from future years ALSO get charged against the cap savings.  So in Star's case, he has another chunk of $2.6M signing bonus on the books for next season.  That counts against the savings - so $4.1M - $2.6M means we only save $1.5M this season

 

UNLESS - the NFL allows the team to designate two players cut during FA as "post-June 1 cuts".  What that does, is allow the team to defer next year's guaranteed money or remaining chunks of amortized signing bonus to count against NEXT year's cap.  It's "good for the player" because it encourages teams to release players early when they have a better chance to be signed by other teams; it's "good for the team" because they can spread out the cap hit from cutting a player over two seasons.

 

The drawback is, the team does not realize the cap savings until after June 1.

 

So with Star:

Cut pre-June 1, $9.2M cap - $2.5M guaranteed salary - $2.6Mx2 amortized signing bonus for this year and next = $1.5M cap savings applicable NOW

Cut post-June 1, $9.2M cap - $2.5M guaranteed salary - $2.6M amortized signing bonus for this year and next = $4.1M cap savings applicable June 1 AND $2.6M amortized signing bonus charged against the 2023 cap.

 

image.thumb.png.3c3373c14ad62f8ec365b1c478333185.png

 

 

 

 

 

 

Nicely done.

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The message to the Bills players and the rest of the NFL is that in Buffalo, you produce or you're gone.  That tough love approach would be deadly if the Bills had a bad team, but it's great when the Bills are strong.  Players who want to be on the best team know they have to deserve it.

 

Maybe this is why McKissic backed out.  Didn't want to risk being found out as not all that, so he settled for a safe spot on a bad team.  

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1 hour ago, AuntieEm said:

   No whipping needed when you bring home a lombardi.

 

You haven't met some of our forum dwellers.. or a game thread where we're not up by 50

 

See the post right above this..

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7 minutes ago, Utah John said:

The message to the Bills players and the rest of the NFL is that in Buffalo, you produce or you're gone.  That tough love approach would be deadly if the Bills had a bad team, but it's great when the Bills are strong.  Players who want to be on the best team know they have to deserve it.

 

Maybe this is why McKissic backed out.  Didn't want to risk being found out as not all that, so he settled for a safe spot on a bad team.  

 

He stole reps from Antonio Gibson on 3rd down, the best receiving back in his class...pretty sure that wasn't it.

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5 minutes ago, newcam2012 said:

Was all it took for coach McD to lose the game. 

interesting

 

The chiefs coach (considered to be one of the best in the league) has lost PLENTY of games on his decisions

 

Take a look at McDermott's win loss record

 

Take a look at how many playoffs since he has become head coach

 

Then come back and apologize for your stupidity

Just now, Big Turk said:

 

He stole reps from Antonio Gibson on 3rd down, the best receiving back in his class...pretty sure that wasn't it.

He is good

He just wants to play on a bad team over a good one for the same money...which is odd

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1 minute ago, John from Riverside said:

interesting

 

The chiefs coach (considered to be one of the best in the league) has lost PLENTY of games on his decisions

 

Take a look at McDermott's win loss record

 

Take a look at how many playoffs since he has become head coach

 

Then come back and apologize for your stupidity

He is good

He just wants to play on a bad team over a good one for the same money...which is odd

 

Well, part of it was Washington never offered him a contract before FA started, and he didn't want to leave to begin with.  When they circled back and gave him the same offer he wanted to stay.  He likes it there and is already comfortable in the offense, etc...

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1 minute ago, Big Turk said:

 

Well, part of it was Washington never offered him a contract before FA started, and he didn't want to leave to begin with.  When they circled back and gave him the same offer he wanted to stay.  He likes it there and is already comfortable in the offense, etc...

If he doesnt care about a ring that is fine

(do we really want a player that is not chasing a ring)

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34 minutes ago, MAJBobby said:

It does but with cap going up a lot next year the extra dead of a couple million isn’t going to hurt there. Their cap issues are this year. 
 

Now there are still contracts to restructure and extensions that can create space for Corners or other spots this year. 
 

it just doesn’t make sense to cut star now without the post June one designation UNLESS that 1.5M is needed now to process the agreed to contracts. That’s all just curious to me. But end of the day what needed to happen, happened that contract and lack of impact or availability player is gone. 

So the last thing I am is a cap expert but that is how they make this all work?

cap savings next year

cap going  up next year

making the cap hit on things minimal THIS year

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5 minutes ago, John from Riverside said:

So the last thing I am is a cap expert but that is how they make this all work?

cap savings next year

cap going  up next year

making the cap hit on things minimal THIS year

Yep which is why Star not being processed as a Post June 1 cut is confusing to me.

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This thread really shouldn’t be 11 pages after 2 hours while Tim Settles is 13 pages after 4 days.  
 

move on.  Bad contract.  Meh player.  Shouldn’t be missed from a fans perspective.  Seems like Jordan Phillips loves the guy so maybe he’s a good locker room guy despite of how we may feel about him.  
 

good luck with the rest of your life Star.  👊🏻 

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