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Bye Bye TO

Started by bowzer, November 07, 2005, 03:10:40 PM

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PoopyfaceMcGee

Quote from: PhillyGirl on November 07, 2005, 04:33:42 PM
I forget, what team does Freddie play for again?

Let's put it this way:  He's only allowed to marry members of his own team, and only in San Francisco.

Wingspan

any chance of getting brandon whiting back?
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Cerevant

Quote from: PhillyPhreak54 on November 07, 2005, 04:25:41 PM
Quote from: EJ72 on November 07, 2005, 04:22:08 PM
Congratulations. I'm sure there will still be some media BS to deal with the rest of the year, but in the long run you're better off. I don't think any team could have handled the entire situation any better than the Eagles did, no team needs a headache like that no matter what kind of talent is involved.

:yay

PS: How does this affect your cap next year? If you're in the same kind of shape you were in this year, I imagine it won't be much of a problem to absorb any hit from it. Having BW signed before next season means you can probably take some of the hit with what you have available this year, right?

Next years cap will have no effect. TO's bonus last year was structured so they'd take most of the hit in 2004. They split it up between a roster/option bonus and a signing bonus with the signing bonus being minimal so in case something like this happened they would have a msall dead money hit on him.

In March 2006 he is set to either receive a $7.5M roster bonus or not. he won't se that now, obviously. So once they refuse to pay him that he'll be a UFA and done officially as an Eagle.

And yes, Westbrook and Akers' contracts will have some hit on this year. Thats why Banner hoards cap money so he can do extensions like this.
Actually, it looks like there will be dead money, but not as bad as one would think:
TO would have gotten the 7.5 mil roster bonus in March, and that would count against the 2006 salary cap - we won't have to pay that.  But unless I'm mistaken, the last 5 years of his 10mil signing bonus will hit the 2006 cap (7.1mil).  So, it is a wash.

I know there's some fancy footwork going on, but it think the prorating of the signing bonus is pretty cut and dry, no?
An ad hominem fallacy consists of asserting that someone's argument is wrong and/or he is wrong to argue at all purely because of something discreditable/not-authoritative about the person or those persons cited by him rather than addressing the soundness of the argument itself.

Syracuse

Quote from: PhillyGirl on November 07, 2005, 04:33:15 PM
Quote from: PhillyPhreak54 on November 07, 2005, 04:30:53 PM
He also continues to maintain that the Birds would be undefeated with Brett Favre as the QB.

Just wondering...has Irvin WATCHED Favre in the past 3 years?


He's on drugs.

That interview w/ Irvin on Patrick's show was on the phone. If it was face to face, I think Irvin would have taken a swing at Patrick.
I am an agent of chaos

PhillyGirl

ha! Found this on TO's board:

QuoteT.O.,

Just wanted you to know that I support you. Reid and McNabb can eat it. All I needed to see today was "T.O. Banished and Eagles Lose"!!!! Rooted against the Eagles for the first time in my life so that that headline would appear. You keep your chin up. No matter what happens or where you go, I will be one of your fans and your new team will be my new team. Stand your ground. Good luck.
"Oh, yeah. They'll still boo. They have to. They're born to boo. Just now, they'll only boo with two Os instead of like four." - Larry Andersen

PhillyPhreak54

Quote from: Cerevant on November 07, 2005, 04:37:24 PM
Quote from: PhillyPhreak54 on November 07, 2005, 04:25:41 PM
Quote from: EJ72 on November 07, 2005, 04:22:08 PM
Congratulations. I'm sure there will still be some media BS to deal with the rest of the year, but in the long run you're better off. I don't think any team could have handled the entire situation any better than the Eagles did, no team needs a headache like that no matter what kind of talent is involved.

:yay

PS: How does this affect your cap next year? If you're in the same kind of shape you were in this year, I imagine it won't be much of a problem to absorb any hit from it. Having BW signed before next season means you can probably take some of the hit with what you have available this year, right?

Next years cap will have no effect. TO's bonus last year was structured so they'd take most of the hit in 2004. They split it up between a roster/option bonus and a signing bonus with the signing bonus being minimal so in case something like this happened they would have a msall dead money hit on him.

In March 2006 he is set to either receive a $7.5M roster bonus or not. he won't se that now, obviously. So once they refuse to pay him that he'll be a UFA and done officially as an Eagle.

And yes, Westbrook and Akers' contracts will have some hit on this year. Thats why Banner hoards cap money so he can do extensions like this.
Actually, it looks like there will be dead money, but not as bad as one would think:
TO would have gotten the 7.5 mil roster bonus in March, and that would count against the 2006 salary cap - we won't have to pay that.  But unless I'm mistaken, the last 5 years of his 10mil signing bonus will hit the 2006 cap (7.1mil).  So, it is a wash.

I know there's some fancy footwork going on, but it think the prorating of the signing bonus is pretty cut and dry, no?

That $10M bonus wasn't all a signing bonus though. It was partly a roster bonus (so they would take most of the hit on the cap in 2004) and the rest of it was a SB. I believe the actual SB amount was like $2.6M prorated over the length of the contract.

According to This Site the Eagles have $1, 916, 666 left on his SB proration. His SB proration this year was $383,333.

$383,333 x 7 years = $2,683,331

QuoteTerrell Owens-Owens signed a 7 year, 48.91 million dollar deal after being traded to the eagles in the 2004 offseason.  The deal included a 2.3 mil signing bonus prorated over 6 years and a 6.2 mil roster bonus in 2004, and a 2.5 mil option bonus prorated over 4 years and a 5 mil roster bonus in 2006.  His cap numbers are as follows:
2004: $7,243,333 (660K base salary+383,333 proration+6.2 mil roster bonus)
2005: $3,633,333 (3.25 mil base salary+383,333 proration; $1,916,666 dead money if cut)
2006: $7,008,333 (770K base salary+383,333 proration+625K proration+5 mil roster bonus+230K incentives; $1,533,333 dead money if cut before option bonus)
2007: $6,508,333 (5.5 mil base salary+383,333 proration+625K proration; $3,024,999 dead money if cut)
2008: $7,508,333 (6.5 mil base salary+383,333 proration+625K proration; $2,016,666 dead money if cut)
2009: $8,508,333 (7.5 mil base salary+383,333 proration+625K proration; $1,008,333 dead money if cut)
2010: $8,500,000 (base salary)

rjs246

Quote from: PhillyGirl on November 07, 2005, 04:40:52 PM
ha! Found this on TO's board:

QuoteT.O.,

Just wanted you to know that I support you. Reid and McNabb can eat it. All I needed to see today was "T.O. Banished and Eagles Lose"!!!! Rooted against the Eagles for the first time in my life so that that headline would appear. You keep your chin up. No matter what happens or where you go, I will be one of your fans and your new team will be my new team. Stand your ground. Good luck.

If middle fingers could murder people through the interweb, the douchenozzle who wrote that would be so dead right now.
Is rjs gonna have to choke a bitch?

Let them eat bootstraps.

PoopyfaceMcGee

Quote from: PhillyGirl on November 07, 2005, 04:40:52 PM
ha! Found this on TO's board:

QuoteT.O.,

Just wanted you to know that I support you. Reid and McNabb can eat it. All I needed to see today was "T.O. Banished and Eagles Lose"!!!! Rooted against the Eagles for the first time in my life so that that headline would appear. You keep your chin up. No matter what happens or where you go, I will be one of your fans and your new team will be my new team. Stand your ground. Good luck.

That's quality.  Let's weed 'em out!

PhillyGirl

It was a chick. I responded with:

"You are a moron and the Eagles fanbase is a better place today without you in it."
"Oh, yeah. They'll still boo. They have to. They're born to boo. Just now, they'll only boo with two Os instead of like four." - Larry Andersen

PhillyPhreak54

So the Eagles will have $1.5M in dead money in 2006 for him.

That's peanuts. Especially considering that they are carrying about 1.3M in dead money from Mr.Monday Night nate Wayne

MURP

QuoteT.O.,

Just wanted you to know that I support you. Reid and McNabb can eat it. All I needed to see today was "T.O. Banished and Eagles Lose"!!!! Rooted against the Eagles for the first time in my life so that that headline would appear. You keep your chin up. No matter what happens or where you go, I will be one of your fans and your new team will be my new team. Stand your ground. Good luck.


Thats just TO typing to himself.   Schizo!

SunMo

did you hit her with a couple  ::) 's?
I'm the Anti-Christ. You got me in a vendetta kind of mood.

Diomedes

Quote from: PhillyGirl on November 07, 2005, 04:44:14 PM
It was a chick. I responded with:

"You are a moron and the Eagles fanbase is a better place today without you in it."

Damn.  You told her.  I'm so glad you told us how you told her. 
There is considerable overlap between the intelligence of the smartest bears and the dumbest tourists." - Yosemite Park Ranger

Cerevant

#73
Quote from: PhillyPhreak54 on November 07, 2005, 04:42:22 PM
That $10M bonus wasn't all a signing bonus though. It was partly a roster bonus (so they would take most of the hit on the cap in 2004) and the rest of it was a SB. I believe the actual SB amount was like $2.6M prorated over the length of the contract.

According to This Site the Eagles have $1, 916, 666 left on his SB proration. His SB proration this year was $383,333.

$383,333 x 7 years = $2,683,331

QuoteTerrell Owens-Owens signed a 7 year, 48.91 million dollar deal after being traded to the eagles in the 2004 offseason.  The deal included a 2.3 mil signing bonus prorated over 6 years and a 6.2 mil roster bonus in 2004, and a 2.5 mil option bonus prorated over 4 years and a 5 mil roster bonus in 2006.  His cap numbers are as follows:
2004: $7,243,333 (660K base salary+383,333 proration+6.2 mil roster bonus)
2005: $3,633,333 (3.25 mil base salary+383,333 proration; $1,916,666 dead money if cut)
2006: $7,008,333 (770K base salary+383,333 proration+625K proration+5 mil roster bonus+230K incentives; $1,533,333 dead money if cut before option bonus)
2007: $6,508,333 (5.5 mil base salary+383,333 proration+625K proration; $3,024,999 dead money if cut)
2008: $7,508,333 (6.5 mil base salary+383,333 proration+625K proration; $2,016,666 dead money if cut)
2009: $8,508,333 (7.5 mil base salary+383,333 proration+625K proration; $1,008,333 dead money if cut)
2010: $8,500,000 (base salary)
Nice - thanks, I was looking for some more detailed info - my memories weren't adding up.  What I'm expecting the next step for the birds will be to go after his signing bonus like they discussed at the beginning of the year, based on his good behavior clause in his contract.  If they can get that through the NFLPA, they might be able to walk away from this clean...
An ad hominem fallacy consists of asserting that someone's argument is wrong and/or he is wrong to argue at all purely because of something discreditable/not-authoritative about the person or those persons cited by him rather than addressing the soundness of the argument itself.

PhillyGirl

Quote from: Diomedes on November 07, 2005, 04:46:33 PM
Quote from: PhillyGirl on November 07, 2005, 04:44:14 PM
It was a chick. I responded with:

"You are a moron and the Eagles fanbase is a better place today without you in it."

Damn.  You told her.  I'm so glad you told us how you told her. 

I couldn't keep you guessing.  ::)
"Oh, yeah. They'll still boo. They have to. They're born to boo. Just now, they'll only boo with two Os instead of like four." - Larry Andersen