Gofish1331
Starter
Xanga.com is reporting Dante has redun his contract to save the team 5.6 mil ??? Can anyone confirm this ??? PLEASE ?http://www.xanga.com/freenflinsider
hann80 said:You are a day late and a dollar short. Serioulsy though, he did re-structure his contract, but I am not sure how much we saved under the cap. With Gus gone, I am sure we have atleast 5-6 million.
Gofish1331 said:I didn't realize that was part of the deal .:confused: :confused: Wow he really wants to play for the fish !! Screw Drew:fire:
Gofish1331 said:Xanga.com is reporting Dante has redun his contract to save the team 5.6 mil ??? Can anyone confirm this ??? PLEASE ?http://www.xanga.com/freenflinsider
Yea. We signed him officially yesterday I think. He had been set to sign for a while thoughSmokin Turkeys said:did i miss something? it says we signed kelly cambell???
Dolphins_SR66 said:It wasnt actually part of the deal....but he did it the same day he was traded for and past the physical.
He told Saban and Co. he would redo his contract to help the team and our cap. I think he signed a 5 year contract, $7M signing bonus, and $1M salary this year. He counts $2.4M against the cap, and overall has saved the team $5.6M on the cap this year.
Then we released Gus and saved another 4.3M I believe.
P.S. that website hurts my eyes...man it would give me a headache to read that every day.
Gofish1331 said:Sorry about the site.... hurts like hell but sometimes I need my Dolphins fix sooooo bad!!!!!:wink:
Louis Oliver said:Saving 5.6 million is misleading...
That is saving 5.6 million compared to what we would have paid him if he hadn't restructured..
We didn't save 5.6 million by signing him...he basically converted his roster bonus into signing bonus so it gets pro-rated over six years instead of this year...
Dolphins_SR66 said:I hear ya....try this one....its solid too http://www.theredzone.org/
MinnesotaMike said:Yes Daunte restructured but why wouldn't he? He gets exactly the same amount of money this year it is just accounted for differntly. Instead of a $6 mill Roster Bonus due in a few days and a $2 mill Base Salary he gets a $7 mill Signing Bonus and a #1 mill Base Salary. The remainder of his contract is unchanged.