09-09-2023, 12:13 AM
(09-08-2023, 10:39 AM)Isaac Curtis: The Real #85 Wrote: I believe that cash in the 5th year is all the cash from the signing bonus (or at least a big chunk). For cap purposes, it gets distributed evenly, but in reality, I believe the player gets it all up front. Again, I am not a cap expert, but I think that is how it works. Thus, the divergence for what the player gets and what the cap hit is.
The 5th year option is a big raise + a signing bonus cash makes it appear like the player's new deal has "voided" the 5th year option because the cash is on par with the beginning of the new deal.
IDK, if a real cap wiz can come on and correct that. A better bet is to just look at OTC and the cap number & forget the cash column altogether. It gives a better, clearer view of the contract.
https://overthecap.com/player/justin-herbert/8746
That is not how the 5th year works. The original signing bonus is paid in full at signing, but can only be prorated for the number of years of the contract at that time, thus 4 years without an added void year (5 years is the max). Prior to this extension Burrow's prorated bonus cap hit was $0 for 2024. His cap hit was simply the 5th year salary calculation for his positon.
The 5th year salary number is based upon a calculation of:
- The average of the 3rd to the 20th salaries at the positon over the past 5 seasons.
- There is a snap count requirement the initial 3 years of the first contract that Joe obviously meets.
- Add-on money for 1 Pro Bowl
- Add on money for multiple Pro Bowls
This extension will in fact alter this season and the 5th year option cash and cap numbers.
