Just added an extra $6M to guaranteed money....
Reshad Jones restructures contract
- Thread starter AL R
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So how does this all work over the course of his contract vis-a-via can hits each year?
Thanks Rashad. You’re a team player. As for the teams cap future, this will hurt at the end of the contract or in a year or 2 when Miami considers releasing Jones.
henne7_davis21
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Guess who's buying his jersey this season
Jay131866
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Thats the problem, I don't know why everyone on here is praising the player and saying great move. These are the moves that have gotten us in trouble to begin with (see Suh's restructure). No player is taking less money when they do a restructure, it is the opposite. Hopefully they pushed most of the money only until next year when we should have a little more space, and not 4 yrs down the road making him uncuttable.
roy_miami
2020 cant get here soon enough
If I were the player I would do it, but only for some sort of raise or extra guaranteed money.
Didn’t originally think about this... yeah it will again suck years down the road, but hey maybe Tbum will be gone by then and the cap is being more well managed.... LOL
I'd have rather just cut Pouncey and save 7 mill
Ozzy rules!!
Ozzy rules!!
Doesn't help us at all unless you're equating helping with freeing up money now to screw themselves down the line.
It's the same thing that happened with Suh and many of the same reactions. I expect the same result.
It's the same thing that happened with Suh and many of the same reactions. I expect the same result.
where's th'fish
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Because the money he was going to maybe get paid if he wasn't cut in future years is now given to him immediately in the form of a bonus. There's no "good guy Rashad" in this. No player would ever refuse a restructure, since it's entirely in their benefit.
In other words, it's like your boss came to you and said, "how would you like me to guarantee next year's salary for you? Except I'd pay it to you right now?"
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Exactly. It's not a pay cut, it's merely postponing some of Jones' 2018 cap number to 2019, 2020 and 2021. He still receives the same money this year.
In this case there is no negative for the player. Usually a restructure is good for the player because it's usually not a pay cut but base salary converted into bonus money and this means immediate payment instead of 16 weekly checks.
That's the point.
Correct, nothing do with him being a team player.
He did it because he gets the full 8.4 million now instead of later this year in 16 installments.
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If the team is out of money, deal with it. Sign low priced guys. We are gonna be bad this year anyway. Restructuring kills us in future years and keep us out of the playoffs. Look at what happened with Suh. We made a questionable signing even worse by guaranteeing more of his contract. Ross, this is on you. Grow some balls and tell your coach and GM that they have to make do with their available resources. No bonus swaps and no trading future picks. Succeed on your own merit or get out of the way for the next guy
BlueUndertow
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Hot damn!!! More money for slot receivers!!!
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How does restructuring kill us in future years? We're talking about $6 million dollars here.
In Reshad's case, that should be distributed evenly over the remaining years of his contract. He was likely getting all the money required in this contract, so there are no future ramifications.
If he gets cuts, the remaining pro-rata portion of the guarantee would come on the year he was cut, unless a June 1 designation, then it can be divided between the cut year and the following year.
We have extensive cap space already in '19 and '20, and that was with Suh and his contract still on the roster.
And, even if we didn't, restructure someone else.
But we do.
Don't get wrapped up in the money aspect unless you're signing Suh type contracts every year.
In Reshad's case, that should be distributed evenly over the remaining years of his contract. He was likely getting all the money required in this contract, so there are no future ramifications.
If he gets cuts, the remaining pro-rata portion of the guarantee would come on the year he was cut, unless a June 1 designation, then it can be divided between the cut year and the following year.
We have extensive cap space already in '19 and '20, and that was with Suh and his contract still on the roster.
And, even if we didn't, restructure someone else.
But we do.
Don't get wrapped up in the money aspect unless you're signing Suh type contracts every year.