John Clayton: Fins save $7.9 million by releasing Fiedler | FinHeaven - Miami Dolphins Forums

John Clayton: Fins save $7.9 million by releasing Fiedler

I have a cap savings of $6,662,500.

I only had Fiedler for a cap number of $8,887,500. I may have missed something along the line because it differs from Merman, Clump, and Clayton.

I have a prorated bonus amount of $2,225,000. Original bonus of $4M for 5 years and a restructure of $1.25M for 4 years. (($4M/5)*2)+($1.25M/4)*2))
Clump or Merman If I'm missing something please let me know.

cap # $8,887,500
cut - $2,225,000
savings $6,662,500
 
I had his remaining proration at nearly $2.7 million

Cap savings of approx. $6.2 million when adjusted for top 51

I'm gonna breakdown the numbers again
 
Aqua said:
I have a cap savings of $6,662,500.

I only had Fiedler for a cap number of $8,887,500. I may have missed something along the line because it differs from Merman, Clump, and Clayton.

I have a prorated bonus amount of $2,225,000. Original bonus of $4M for 5 years and a restructure of $1.25M for 4 years. (($4M/5)*2)+($1.25M/4)*2))
Clump or Merman If I'm missing something please let me know.

cap # $8,887,500
cut - $2,225,000
savings $6,662,500
Click to expand...

A portion of last year's salary of $3.7 million was guaranteed. My understanding was $700k.

$4,124,816/5yrs=$824,963
$1,250,000/4yrs=$312,500
$700,000/3yrs=...$233,333

Total...............$1,307,796 * 2=$2,741,593. rounded.
 
Thanks Merman. I missed that guarantee from last year.

Here's an old article I found about Fiedler's original signing.http://espn.go.com/nfl/columns/pasquarelli_len/1331221.html

It says the orginal bonus was $4M which is what I've been using. Where did you get $4,124,816? I'm wondering if I missed something else there?

My new numbers with lastest adjustment are now.

Cap Number $9,120,833
Cut $2,691,667
Savings $6,429,166
 
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