Cap room?????

[hotrod43]

Does anyone have any idea where we are cap wise w/ Culp here now and Carter restructuring???

 

[Rammy]

And what about us releasing Gus?

 

[Surferosa]

And what about the $6 million roster bonus that Culpepper is owed? Can we prorate it over the duratio of the contract like a signing bonus?

 

[Namor]

And what about the $6 million roster bonus that Culpepper is owed? Can we prorate it over the duratio of the contract like a signing bonus?

Yes

 

[TarHeelFinFan]

And what about the $6 million roster bonus that Culpepper is owed? Can we prorate it over the duratio of the contract like a signing bonus?

No. That's actually how Kevin Carter's restructuring helped us. His roster bonus which is counted all at once against the cap was converted to a signing bonus which can be dispersed through the duration of the contract.

 

[Surferosa]

Yes

Are you sure?

After all its a "roster bonus", not a signing bonus?

TIA.

 

[Surferosa]

No. That's actually how Kevin Carter's restructuring helped us. His roster bonus which is counted all at once against the cap was converted to a signing bonus which can be dispersed through the duration of the contract.

I see. So it CAN be prorated if Daunte agreed to restructre the bonus. That makes sense.

Someone mentioned that Daunte was willing to restructure his deal - I guess this may be what they were referring to.

Thanks Tarheel.