Bears use Automatic Conversion on Cutler's contract & create extra $4M in space

[Desperado34]

Adam Jahns ‏@adamjahns 25s Jay Cutler’s new $5 million signing bonus is prorated over the first five years of his seven year deal.di
Expand

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much are guaranteed to have Cutler for 5...


.....


Hahahahahaha

 

[remydat]

I don't think people understand how this works.

Cliff Stein didn't just create $4 million of cap space out of thin air.

We basically just traded $1 million of cap space each of the next 4 years for $4 million this year. It depends on who they use it on I guess, but I'm not crazy about taking away future space for cap space in a year where we probably aren't winning anything since the defense is a work in progress, to put it kindly.

One million in cap space added for the next 4 years is not something to really be concerned about.

 

[Colonel_Buendia]

Ihedigbo at SS and Clemons at FS would be a huge upgrade for us on the back-end.... Or, like others have said, another DT like Pat Sims would be nice too.

 

[DaaBears]

Maybe that one safety. Ihavanoideahowtopronouncehisname


Sent from my iPhone using Tapatalk

That sounds right.

 

[Spear]

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much guaranteed to have Cutler for 5...


.....


Hahahahahaha

Because the 2 mil cap hit after year 3, instead of none, is so devaststing

 

[Colonel_Buendia]

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much guaranteed to have Cutler for 5...


.....


Hahahahahaha

That's not necessarily true at all. It only means if we cut him after 3 years, we'll carry $2million in dead cap. That absolutely does not make him unmoveable (whether via trade or release)

 

[Enasic]

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much guaranteed to have Cutler for 5...


.....


Hahahahahaha

Umm...no. The Bears could still part ways with Cutler after year 3 and have 2 million in dead money tied up to him. That's minimal considering the money freed up.

 

[Midway Fields]

Let me be the first: Jared Allen??

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much guaranteed to have Cutler for 5...


.....


Hahahahahaha

No it does not silly. All it means is there will be $1 mil of dead cap space for 2 years if the Bears decide to move on after 3 years. Hometown Jimmy will be ready to roll by then so it's all good.

 

[botfly10]

Plz no jared hickerbilly.

Maybe its for a trade?

 

[Desperado34]

blah blah.

Either way, free up 4 mil for my man Jared Allen!

 

[PrideisBears]

A certain poster told me that they wouldn't do this

 

[botfly10]

ding ding. Was listening to Mully n Hanley last week-- essentialy if the Bears did this with Cutlers contract they would be extending the deal with him..

So now from 3 years the Bears pretty much are guaranteed to have Cutler for 5...


.....


Hahahahahaha

nope.

It will just cost 2mil against the cap to cut him instead of zero. Hardly a big deal.

 

[Mitchapalooza]

Plz no jared hickerbilly.

Maybe its for a trade?

last thing I wanna do is trade a pick.

Hoping for a safety/Pat Sims

 

[DaaBears]

I think this gives us between 7 and 8 in cap space, if this is correct, it probably is not enough room for Jared and rookies.

 

[remydat]

A certain poster told me that they wouldn't do this

Don't worry, I am sure he and his squire will call this a stupid move once they catch wind of it. They are probably cuddling together somewhere watching re-runs of Ally McBeal or something.

 

[Mitchapalooza]

I think this gives us between 7 and 8 in cap space, if this is correct, it probably is not enough room for Jared and rookies.

we have like 10.3m in space i think someone said earlier. doubt Jared is coming here.

 

[Midway Fields]

we have like 10.3m in space i think someone said earlier. doubt Jared is coming here.

Don't you underestimate cliff.

 

[Mitchapalooza]

Don't you underestimate cliff.

who...? I think it's ... CLIFF FUCKIN' STEIN

 

[winterwarz]

It's just business, and I wouldn't expect some big name FA.

See: http://my.chicagotribune.com/#section/-1/article/p2p-79714175/

 

[BaBaBlacksheep]

Don't think this means anything really. We still need 5 for the rooks and then need some extra space to maneuver during the season. Don't get your hopes up with this.