3 hours ago
(5 hours ago)TheLeonardLeap Wrote: Even if the signing bonuses don't go into escrow, that's still liquid cash that you needed to instantly no longer have. It doesn't make sense to exclude that.
Also the Trey extension this offseason is going to be more than $8m signing bonus. It's probably going to be a 3yr/75-90m extension with $45m-ish guaranteed.
Right. It's not being excluded. They've already been paying the signing bonus' at the time of signing. That won't change. They're allowed to spread out the cost for "cap purposes" but they don't actually pay that money each year. It's paid in a lump sum at signing. I don't see them ever having a problem paying SBs.
Trey will be 30 when he signs his next contract. If they give him a 20%ish bump and sign him at 25M per year; 3yr/75M with 45M guaranteed, i would imagine they give him about 30M signing bonus.
45M guaranteed
15M salary + 30M signing bonus
Escrow 0
They could lower the SB or lower the salary and put say 10M in escrow.
45M guaranteed
10M salary + 25M signing bonus
Escrow 10M
In a shorter contract though, it doesn't make as much sense to drop the initial salary that far down since it would escalate quickly and effect the cap.
Regardless, i'm obviously no cap expert but what's being asked of them, that their hesitant to do right now, is put money aside, on top of what they're already paying, for future use and no matter how you slice it, they have the money. It might hurt and they certainly would prefer not to do it...but they can do it.
I'll point back to my post about what they've accumulated over the last couple decades where the NFL has paid most if not all their operating expenses with revenue sharing and they keep 100% of tickets, concessions and (lately) corp sponsorship.
They.Have.The.Money.
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