Originally posted by NYniner85:
Originally posted by GhostofFredDean74:
As mentioned in my post, it's only $4M in dead money if he's off the roster before March. I never said anything about getting rid of Chase Daniels....he's very affordable as a veteran backup.
Given that it's only $4M in dead money, they'd be net positive $9M give Bradford's projected base.
unless I'm reading it wrong if they cut him it would be $9.5 million in dead money, it's only if they trade him that he's deal goes to $5.5 million in dead money
http://www.phillyvoice.com/closer-look-sam-bradfords-contract/
Of course, there's a reason his number in 2016 is so low. In 2017, Bradford's cap number jumps way up to $23,500,000. That is absolutely not a palatable figure. So what does that mean for the 2017 offseason:
- "If Bradford has a good season in 2016, because that $23.5 million figure is so high, he will hold leverage in talks for a longer-term deal, which will not come cheap.
- If Bradford is bad and the Eagles wish to release him, they will incur a cap hit of $9.5 million in "dead money." That is an awful lot of money going completely to waste if Bradford does not progress in his second year with the team. The Eagles would be forced to part ways while getting nothing in return, after having paid him $22 million for a bad season.
- If the Eagles draft a quarterback and believe he'll be ready to be "the guy" for the 2017 season and Bradford has another average season, his contract wouldn't be a definitive impediment for a trade. In that scenario, the Eagles would incur a less devastating "dead money" hit of $5.5 million, with Bradford's new team taking on his $14 million salary and $4 million roster bonus in 2017."
also Chase's deal is not backup cash IMO.
Regardless of the contracts they have much more needs than a QB IMO and if a team like SF really does want someone like Goff/Wentz they have much more ammo than a team like Philly....I just don't see Philly basically making this draft into one pick.
You are right..the signing bonus was spread out over 2 years so his dead money for 2017 would be $9.5. But again, with his base being high, that still puts the Eagles up nearly $4M in cap savings if they released Bradford before March. If they traded him before March, another team would be accountable for his $4M 2017 guarantee which would increase their cap savings.
That said, I'm not advocating that the Eagles do move up and draft a QB....I'm just saying that it's entirely feasible (fiscally and football-wise) for them to do so.
Daniel's salary would be on the high side for a veteran backup, but could always be renegotiated given its structure (e.g., only $5M of his $7M 2017 salary is guaranteed. I'm sure he'd be amenable to working out something to that lowers base for more long-term guaranteed $$).
[ Edited by GhostofFredDean74 on Apr 1, 2016 at 11:08 AM ]