Nowhere in your link does it say all guaranteed money are responsibility of a team that signs a player when he is traded. In fact, in the link provided earlier by WhiteShoeWillie (http://www.nyjetscap.com/salary.html) shows how Edwards, who signed guaranteed contract with Browns counts against our CAP now. If what you were saying were true, Edwards would count against Browns, and not us, since you claim all guaranteed money are responsibility of a team that signed him (Browns). Yet, it fact this is wrong, hence your statement is wrong. Read the analysis I've done on Gholston. If you find any source that shows that any of it is inaccurate, let me know.
"If what you were saying were true, Edwards would count against Browns, and not us, since you claim all guaranteed money are responsibility of a team that signed him (Browns). Yet, it fact this is wrong, hence your statement is wrong." You are wrong. You are wrong about how you think a traded player's contract is paid, and you are wrong in how you understand what I wrote. If you read the third sentence of my original post you should be able to understand what portion of Braylon Edwards' salary is on the Jets' cap. Guaranteed money is also called the player's signing bonus, which is prorated throughout the life of the contract. Here is the link again and the part where it explains this, specifically, the last 2 sentences. http://www.askthecommish.com/salarycap/faq.asp "We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above)."
Not all guaranteed money comes in the form of a signing bonus. A team can guarantee an amount above and beyond the signing bonus. In the event that a player is cut, that money is due to be paid immediately. Gholston DID NOT RECEIVE a signing bonus last year. The team prorated part of his future salaries THIS year to give him a $6.28 million "signing bonus". The team is on the hook for the full 21 million (minus guarantees paid last season) if he is CUT. If he is traded, the team that trades for him assumes all future contract guarantees and the Jets are on the hook for that $6.28 million. All of this, however, is completely irrelevant as NO ONE wants to trade for Gholston and his contract. Why the hell is this even a conversation?
No, no, no, no, no. Most of Gholston's guaranteed money came from guaranteeing his base salaries. That money gets transferred to another team if he gets traded. We end up on the hook for $6.28 million.
I am not wrong. Your link says we are responsible for signing bonus, which in Gholsotn's case is 6.28 mil, spread over the life of the contract, which is is 5 years, with 4 years remaining, making in 6.28/4*5 = 5 mil left. Your link does not say the team is responsible for ALL guaranteed money, which is over 20 mil in his case. So, if you subtract the base, which as you said will be responsibility of new team, and is 3 mil, you have 5-3 = 2 mil being the amount our cap figure will go up if we trade Vernon. Nothing you posted contradicts these analysis, but in fact supports them.
There is no way of knowing for sure what impact he will have but I will give you my best guess---> he will have an instant impact! He will open up the running game as teams will have to roll coverages and defenses his way! He is a guy that defenses MUST account for. He just made Thomas Jones and Leon Washington better than they already were, same goes for Cotchery and Keller! He just gave our rookie QB another weapon / option on offense! He just made our defense a lil better as our offense will probably have more opportunities now that he is here and that will keep our defense off the field----this guy is alot of things, but one of those things is talented! ps do any of you remember the one handed td grab he made against us I believe it was 2 years ago?
Tannenbaum is one of the best young GMs in the NFL. And he proved it yet again with this move. Tannenbaum should be given a 10 year contract 24 hr driver and the keys to the playboy mansion.
Another reason why I feel Tanny's move is so brilliant is because he was able to get a great asset at it's lowest possible point, while we were actually desperate ourselves to upgrade our offense. Let's face it, our offense was one of the worst in entire League. And it's not just me saying it, but actual facts: we were about 25 rated offense in NFL. Offensive fiasco vs Saints was not an aberration. We were just as inept against one of the worst teams in NFL at home: Tennessee. Every decent team has blown Titans out with ease, padding their offensive stats. Our offense basically got bailed out by special teams for 2 TDs. Other than that it gave up about as many points as they scored. With Saints it was really the same thing, except special teams did not bail us out. So, to put it plainly, our offense has been pretty bad. Defense and special teams won games, and offense was far behind. So, we needed an upgrade, and a significant one at that, and Tanny stepped up huge here. We got a potential star player on the team, and maybe now our offense will at least be average or a little above average. Simply a brilliant and much needed move by Tanny.
Only 1 game, but so far so good........... not to mention Derek Anderson goes 2 for 17 the same weekend. :smile:
