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jrry32
Joined: 04 Jan 2011
Posts: 31636
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 Posted: Sat Mar 02, 2013 6:56 am Post subject: |
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| STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year.
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FRO
Joined: 02 Feb 2013
Posts: 84
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| Posted: Sat Mar 02, 2013 7:56 am Post subject: |
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| jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
If we cut him next year do we still receive the 10 million in cap relief or is it something we have to do this year? Sorry I'm not at all a cap guy. |
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jrry32
Joined: 04 Jan 2011
Posts: 31636
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| Posted: Sat Mar 02, 2013 8:09 am Post subject: |
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| FRO wrote: | | jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
If we cut him next year do we still receive the 10 million in cap relief or is it something we have to do this year? Sorry I'm not at all a cap guy. |
If we cut him next year, we only get 7 million in cap relief.
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brokeu91
Joined: 14 Mar 2012
Posts: 2
Location: Providence, RI
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| Posted: Sat Mar 02, 2013 8:50 am Post subject: |
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| jrry32 wrote: | | FRO wrote: | | jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
If we cut him next year do we still receive the 10 million in cap relief or is it something we have to do this year? Sorry I'm not at all a cap guy. |
If we cut him next year, we only get 7 million in cap relief. |
The problem is that now we create two holes at safety by cutting him. We already have one. I was hoping he could restructure his contract. |
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Flatlyner
Joined: 06 Feb 2006
Posts: 4510
Location: WESTCOAST
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| Posted: Sat Mar 02, 2013 1:59 pm Post subject: |
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| brokeu91 wrote: | | jrry32 wrote: | | FRO wrote: | | jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
If we cut him next year do we still receive the 10 million in cap relief or is it something we have to do this year? Sorry I'm not at all a cap guy. |
If we cut him next year, we only get 7 million in cap relief. |
The problem is that now we create two holes at safety by cutting him. We already have one. I was hoping he could restructure his contract. |
Thus, Rambo and Swearinger fill in both spots, at a MUCH cheaper rate then even just Mikell alone. Do like the idea of taking 2 safeties this year, as it is a deep talented class with potential starters up to 4th round. We save a good amount of cap this year and the following by releasing Mikell. I do think he played pretty good for us last year, but, he's 32 and spendy.
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STLRamsFan99
Joined: 17 Aug 2012
Posts: 867
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| Posted: Sat Mar 02, 2013 3:44 pm Post subject: |
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| jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
Thanks for correcting me, I messed that part up and wasn't thinking. I'll edit post, so it doesn't confuse people. |
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ajhicks11
Joined: 15 Jan 2010
Posts: 430
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| Posted: Sat Mar 02, 2013 7:00 pm Post subject: |
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| STLRamsFan99 wrote: | | jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
Thanks for correcting me, I messed that part up and wasn't thinking. I'll edit post, so it doesn't confuse people. |
Is there any possibility that we cut him and he resigns with us later on at a cheaper rate.
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S-jax39
Joined: 23 Aug 2010
Posts: 5670
Location: [D]MV
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| Posted: Sun Mar 03, 2013 4:48 am Post subject: |
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You think we resig hayes that cheap?
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STLRamsFan99
Joined: 17 Aug 2012
Posts: 867
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| Posted: Sun Mar 03, 2013 6:25 am Post subject: |
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| ajhicks11 wrote: | | STLRamsFan99 wrote: | | jrry32 wrote: | | STLRamsFan99 wrote: | | Hoj398 wrote: | | if im not mistaken Mikells base salary is 6 million, with 1 million signing bonus, and 2 million misc bonus |
He has $6 million in guaranteed money left to be paid out, his cap hit for this year is $9 million. So cutting him this year would free up $3 million and $7 million next year.
If he is not cut this year, next year his cap hit would be $10 million with $3 million in guaranteed money. |
Cutting him frees up 3 million this year and 10 million next year. |
Thanks for correcting me, I messed that part up and wasn't thinking. I'll edit post, so it doesn't confuse people. |
Is there any possibility that we cut him and he resigns with us later on at a cheaper rate. |
It is possible but definitely slim chances of happening. If cut he would have to have no interest in FA market to stick with us. I doubt he restructures or takes a pay cut too. Prior to this contract he didn't make much in Philly being a late round draft pick. |
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