Happy Tampering Day

[Luvnit2]

(03-12-2025, 12:50 PM)ochocincos Wrote: What would go into a restructure by Burrow to help the cap?

From my understanding, it would likely require MORE guaranteed money to further spread the cap hit to future years.
And I thought the Bengals mostly had concern with giving too much guaranteed money as it is.
I can't see how giving more guaranteed money to Burrow results in having more guaranteed money to Chase/Higgins.

If Bengals ownership really is strapped for cash to guarantee contracts, they need to find more ways to get cash this/next year....or consider selling the team to someone who can (which they won't do).

A restructure has nothing to do with guaranteed money. In Burrow's case the team had to place in escrow the guaranteed portion of his contract. That money is collecting interest. The team would need to convert his 2025 base into a bonus. If they do so, they can change his base to 1.1 million and use none of that bonus towards his 2025 cap.His base in 2025 is 25,400 so they could instantly add 24.3 million to the cap at a minimum if they did no other type of restructure. The bonus applies to the guaranteed portion, so no need to change the guarantee.

But, the team needs to have the cash/loan to pay the bonus. The team's equity would determine the amount a bank would loan them, the higher the equity, the more the team can leverage with a bank to borrow money. Interest rates are very high so not a great time to do loans, but the NFL teams have a huge advantage as banks gets a guarantee from the CBA towards these bonuses and salaies.