Originally posted by 4ML:
Originally posted by 9erred:
If the 49ers and Kaepernick can't get to an agreeable number, the 49ers have the leverage of knowing that they have Kaepernick at a very cheap price in 2014, and if there's no extension, they can franchise-tag him for 2015 and 2016 and then can hold him even in 2017 because there are special provisions for QBs
I think we went over this in another thread. Franchising him in 2016 isn't really an option for us. Cap hit will be over 21M...which we just can't do unless we are ok with losing quite a few good players. So, you can't look at it as 3 year 12.5 million dollar deal. It doesn't work that way when you're looking at the cap. Franchising him is a very expensive deal for us.
I respectfully disagree, if you KNOW that next year you are only paying CK7 1 million you can front load another players contract for cap purposes.
Look at Joe Flaccos break down, it is essentially a 3 year 62 million dollar contract. in the above scenario you get CK7 for 3 years 37 million.
In 2013, Flacco gets a fully guaranteed base salary of $1 million for a total first-year compensation of $30 million and a salary-cap figure of $6.8 million.
In 2014, Flacco has a $6 million base salary that's guaranteed for injury only, but that voids once the first option is paid. His salary-cap figure is $14.8 million in the second year of the deal.
In 2015, Flacco gets a $4 million base salary that's guaranteed for injury only, which voids when the first option is paid. His salary-cap figure is $14.55 million.
In 2016, the salary cap figure inflates to $28.55 million, primarily due to an $18 million base salary with $12 million of that guaranteed for injury only, although that guaranteed portion reduces to $3 million when the first option of $15 million is exercised, and voids when the second option of $7 million is exercised.
The deal effectively operates as a three-year, $62 million agreement since the contract is likely to be restructured after three years.
Read more: http://www.baltimoresun.com/sports/ravens/bal-breaking-down-baltimore-ravens-quarterback-joe-flaccos-1206-million-contract-20130305,0,1319614.story#ixzz2rwnNO1O7