Moose restructures.

[Wp28]

http://www.charlotte.com/mld/charlotte/sports/football/nfl/carolina_panthers/9621874.htm

 

[magnus]

Not quite what I was after there, but hey, they both agreed to it.
Man, that's just...weird.

 

[Ipimpcrazydave]

Told you it was coming....

 

[meatpile]

Strange.

Wonder if that $10 million will be turned into signing bonus for a new deal.

 

[HAVEPSL]

So if he is a $12.435 mil cap hit in 2005, and his salary is $665,000 then cutting him next year only saves the $665,000, and there's a $11.77 mil cap hit regardless. Right?

 

[Clay]

Not quite what I was after there, but hey, they both agreed to it.
Man, that's just...weird.

:huh:

 

[Foxman]

So if he is a $12.435 mil cap hit in 2005, and his salary is $665,000 then cutting him next year only saves the $665,000, and there's a $11.77 mil cap hit regardless. Right?

Surely thats not the way that would work! If it is then Moose will be a Panther to his grave.

 

[slydevl]

So if he is a $12.435 mil cap hit in 2005, and his salary is $665,000 then cutting him next year only saves the $665,000, and there's a $11.77 mil cap hit regardless. Right?

No they would not owe him the 10 mil roster bonus

 

[Clay]

So if he is a $12.435 mil cap hit in 2005, and his salary is $665,000 then cutting him next year only saves the $665,000, and there's a $11.77 mil cap hit regardless. Right?

Observer article says that 10 million of it is a roster bonus.

So that almost guarantees he will be cut.

 

[HAVEPSL]

Oh yeah, didn't catch that.