question about the new "injury settlement"

[Matt]

OK, so in the case of [ifl]Chris Sanborn[/ifl], he will accept an injury settlement of $1.73mil
So when I release him I get the...

"if you release this player you'll save $1.73mil in costs this season. Salary cap will reduce by 0. His contract will count $370k against this year's cap and $1.73mil against next year's cap"

He's on the last year of his contract with a base salary of $1.73 and $370k of bonus
What is the bonus to cutting this guy right now if he's going to count a base salary against my cap?

[Argot]

What's this injury settlement stuff?

I've got 4 years of contract hanging on Tommy Johnson who is out with a career ending injury. He is willing to renegotiate for a lower salary, but is asking for guaranteed bonus money???? My understanding is that I can't even release him. So I could renegotiate, and get a lower salary for the next four years, but risk him retiring and taking a big cap hit.

Any suggestions???

[George W Bush]

What's this injury settlement stuff?

I've got 4 years of contract hanging on Tommy Johnson who is out with a career ending injury. He is willing to renegotiate for a lower salary, but is asking for guaranteed bonus money???? My understanding is that I can't even release him. So I could renegotiate, and get a lower salary for the next four years, but risk him retiring and taking a big cap hit.

Any suggestions???

you can't release an injured player until their last year of contract, so I say let it run its course and dont give more bonus.

[George W Bush]

Re: question about the new "injury settlement"

OK, so in the case of [ifl]Chris Sanborn[/ifl], he will accept an injury settlement of $1.73mil
So when I release him I get the...

"if you release this player you'll save $1.73mil in costs this season. Salary cap will reduce by 0. His contract will count $370k against this year's cap and $1.73mil against next year's cap"

He's on the last year of his contract with a base salary of $1.73 and $370k of bonus
What is the bonus to cutting this guy right now if he's going to count a base salary against my cap?

In your case there is no point, but usually the injury settlement will be for much less than their current salary.

[sovstar]

If I'm understanding correctly, this is more of a means to get rid of roster fodder after preseason has concluded. I don't think you can put probable guys on IR anymore, so it comes into play when you need to get rid of a nasty mofo.

[Argot]

Food for thought.

If I renegotiate Johnson's contract. I save 890,000 this year.

If he doesn't retire next year, I save another 900,000 the next year, but if he retires I save 1.2 M but have 1.4 M in dead contract space. And have to eat 1 M for 2012.

If he doesn't retire in 2012, I save another 700,000, but if he retires then I have 500,000 in dead cap space, and another 500,000 to eat the final year of his contract.

Decisions, decisions...

[George W Bush]

If I'm understanding correctly, this is more of a means to get rid of roster fodder after preseason has concluded. I don't think you can put probable guys on IR anymore, so it comes into play when you need to get rid of a nasty mofo.

yeah, I don't think you can IR someone unless they are out. I have an injured guy in IHOF making 900K that I can release for 150K, so probably stuff like that.