emaugust
Sort of a big deal...
- Joined:
- Aug 20, 2012
- Posts:
- 357
- Liked Posts:
- 104
- Location:
- Chicago, IL
This would have been a better post a month ago when things are slower but I noticed something kinda interesting about David Fales contract yesterday:
As a second year player in 2016 he signed a contract for 2 years at 1.11M dollars (http://www.spotrac.com/nfl/chicago-bears/david-fales/).
If we look at the vet minimum schedule for 2016 and 2017 (https://www.spotrac.com/blog/nfl-minimum-salaries-for-2016-and-the-veteran-cap-benefit-rule/) we see that a 2nd year player in 2016 would earn: $600,000 and a 3d year player in 2017 would earn: $690,000
So supposing he is around next year, effectively, his 2 year $1.1M contract is cheaper than if he simply earned vet minimums this year and next ($600k + $690k = 1.29M).
Seems like interesting low risk cap management!
- em
:smoke::X
As a second year player in 2016 he signed a contract for 2 years at 1.11M dollars (http://www.spotrac.com/nfl/chicago-bears/david-fales/).
If we look at the vet minimum schedule for 2016 and 2017 (https://www.spotrac.com/blog/nfl-minimum-salaries-for-2016-and-the-veteran-cap-benefit-rule/) we see that a 2nd year player in 2016 would earn: $600,000 and a 3d year player in 2017 would earn: $690,000
So supposing he is around next year, effectively, his 2 year $1.1M contract is cheaper than if he simply earned vet minimums this year and next ($600k + $690k = 1.29M).
Seems like interesting low risk cap management!
- em
:smoke::X