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It's seems every contract is for one year


Chitownhustla

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Also, another interesting thing about some of the contracts is that they are using the "Minimum Salary Benefit Rule". We have saved almost a million dollars in cap space over the last 5 contracts (before Slauson and McCown):

 

Hayden - $905,000 - $285,000 savings - $620,000 cap hit

 

Bowman - $780,000 - $160,000 savings - $620,000 cap hit

Scott - $780,000 - $160,000 savings - $620,000 cap hit

 

McBride - $715,000 - $160,000 savings - $555,000 cap hit

Zbikowski - $715,000 - $160,000 savings - $555,000 cap hit

 

5 contracts, $925k savings

 

The Minimum Salary Benefit:

The Minimum Salary Benefit Rule was created to allow veteran players to be signed to deals that were very favorable to a team’s Salary Cap. This allows veterans to sign deals instead of being replaced by cheaper, younger players. The Minimum Salary Benefit allows veterans to be signed to one year contracts with the applicable minimum player salary based on the players service time and a small signing bonus ($65,000) but the teams only have to count that player at the salary level of a player with 2 years of services time (including the bonus).

 

For example, under this Minimum Salary Benefit Rule, a team can sign a 10 year veteran with a minimum salary of $925,000 and a bonus of $65,000 and instead of counting for $990,000 against the team’s Salary Cap, the player would only count $605,000 ($540,000 year base salary plus the $65,000).

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Also, another interesting thing about some of the contracts is that they are using the "Minimum Salary Benefit Rule". We have saved almost a million dollars in cap space over the last 5 contracts (before Slauson and McCown):

 

Hayden - $905,000 - $285,000 savings - $620,000 cap hit

 

Bowman - $780,000 - $160,000 savings - $620,000 cap hit

Scott - $780,000 - $160,000 savings - $620,000 cap hit

 

McBride - $715,000 - $160,000 savings - $555,000 cap hit

Zbikowski - $715,000 - $160,000 savings - $555,000 cap hit

 

5 contracts, $925k savings

 

The Minimum Salary Benefit:

 

I didn't know that...very crafty.

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Also, another interesting thing about some of the contracts is that they are using the "Minimum Salary Benefit Rule". We have saved almost a million dollars in cap space over the last 5 contracts (before Slauson and McCown):

 

Hayden - $905,000 - $285,000 savings - $620,000 cap hit

 

Bowman - $780,000 - $160,000 savings - $620,000 cap hit

Scott - $780,000 - $160,000 savings - $620,000 cap hit

 

McBride - $715,000 - $160,000 savings - $555,000 cap hit

Zbikowski - $715,000 - $160,000 savings - $555,000 cap hit

 

5 contracts, $925k savings

 

The Minimum Salary Benefit:

Thanks. Wasn't sure how that all worked out

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