SECTION 11
vibraslap
His signing bonus was covered in his first year salary per ESPN, so there won't be a caphit.
Blake got cut
- Thread starter binkar
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His signing bonus was covered in his first year salary per ESPN, so there won't be a caphit.
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Blake signed a 3 year 7.5 million deal with a 1.5 bonus and roughly 2 million a year in salary. So his caphit was supposed to be roughly 2.5 a year.
If we cut him now we eat 3 million, and save 2, for a 1 million caphit. That's why I kept saying it made no sense when people brought it up.
Pretty stunning if true, must have pissed Green off.
This has got to be a false alarm. You would think KDUS would be reporting this already. They have said nothing yet...it would have led off this current segment if true, even Swanson and Zenner yapping.
This makes no sense from a smoke screen standpoint because, as green machine points out, they would essentially be showing their entire hand at the table.
This makes no sense from a smoke screen standpoint because, as green machine points out, they would essentially be showing their entire hand at the table.
SECTION 11
vibraslap
Is it a given that his signing bonus is spread over three years? Or could they have given him his bonus up front?
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Nope that article said he received 3.5 million his first year, 1.5 was bonus, 2 was salary. But in cap terms the bonus is 500k per year. So he has 1 million left in bonus to eat.
But I did my math wrong on my previous post, by cutting we SAVE 2 million in salary, and lose 1 million in bonus, so it's a net of 1 million cap SAVED.
Thats why I kept saying cutting him and signing Brunell was iffy, because you only gain 1 million by cutting Jeff.
If this report is true, this is a huge move to send a message to the rest of the team. Maybe the Leon stuff was true enough that Denny decided to dump him?
100%CardsFan
100% embarrassed
I just heard it as well....WOW DG isnt wasting any time!
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They paid him up front, but it counts over 3 years.
We do save 1 million if we cut him.
What would be interesting is if the report is false, but was leaked to send a message to Blake?
The bonus is paid up front, or guaranteed. However the team has the option of spreading the cap allocation for the bonus money over the length of the contract.
It is rare indeed that a team would elect to NOT do that. I certainly don't remember anything ever being said about the Cards not doing that.
It is rare indeed that a team would elect to NOT do that. I certainly don't remember anything ever being said about the Cards not doing that.
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actually I'm fairly certain we attacked this one before and per the rules it's not an option, all bonuses are prorated whether you pay them lump sum or not. Recall, Shelton's first bonus was paid in monthly installments, but many teams pay it all upfront.
Capwise it's prorated.
Where are people hearing this, the ESPNnews site online doesn't have it either.
SECTION 11
vibraslap
Hmmm... Interesting. Just wishful thinking on my part that they paid it up front. The ESPN article on his contract structure isn't really clear which way it is now that I read it again.
I called 1060 and they said they were working on confirming it.
Either way, it's more exciting than... a barrel of monkey's.
LVCARDFREAK
In the league 20 years!
WOW!
Is this true? I have heard nothing from it but here.
I am in the camp with Russ. I thought Blake would be the starter this year while a replacement was groomed!
Is this true? I have heard nothing from it but here.
I am in the camp with Russ. I thought Blake would be the starter this year while a replacement was groomed!
I am shocked if this is true on a couple different levels. First, it basically says what the Cards plans are for the draft I would presume since I don't think there is any QB in FA worthwhile taking...unless they are going to make some wierd move for Peyton LOL
Second, while I didn;t think Blake was even pencilled in as starter, I presumed he would be in heavy competition for the job.
The timing of this move is questionable to me but will provide us with a nice discussion path if true.
I'm sure you are right Russ, about the bonuses not being "optionally" pro-rated.
As you pointed out, regardless of the specific terms of the payout, the important consideration is that the money IS guaranteed.
That's where all this LBE with bonuses stuff comes in, in regard to capanomics.
(LBE =Likely To Be Earned)a..they have complicated formulas for everything you can imagine in calculating that.
As you pointed out, regardless of the specific terms of the payout, the important consideration is that the money IS guaranteed.
That's where all this LBE with bonuses stuff comes in, in regard to capanomics.
(LBE =Likely To Be Earned)a..they have complicated formulas for everything you can imagine in calculating that.
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Note, if true, I'm not entirely against this, depends on what prompted it etc.
Blake has always admitted he has a chip on his shoulder, part of that was he felt he was overlooked as a QB because he's black, Green clearly isn't doing that, so I gotta beleive if true, this is about wanting to start and being told that wasn't a guarantee, or something similar.
I don't see Green cutting him just to shock the team or anything like that.
To me if true, it just means we will likely look at a veteran QB to bring in in FA, the question is can you get one as cheap as Blake who's any better?
Maybe Denver will sign Jeff?
LVCARDFREAK
In the league 20 years!
Maybe I am just being a homer, but I liked Blake. His career stats bear out that he is a much better player than he showed this past year.
Anyway, I guess you have to assume he will go after a FA QB otherwise your looking at Parson,s McCown, and a rookie. Thats scary.
I dont think ti was neccessarily done JUST for shock value, but you have to admit it cant hurt in that regards either!
OP
OP
binkar
ASFN Lifer
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Haha it amazes me how people just doubt that this is true or not. It's not like I would just pull it out of my butt. It's true wether you choose to beleive me or not.
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I like Blake too, I think he was put into a horrible situation this year and predictably struggled.
But if this is true, I gotta believe it's about PT, he and Green seemed to like each other. Maybe Green told him he was leaning towards drafting a QB and Blake didn't like it?
His problem is he has a reputation, and that will make it harder on him to find his next job, which may be Pittsburgh(who wanted him last year).
Lex
troublemaker
Is this a ton-o-fun or what!
If this turns out to be true, perhaps the rumor that Jeff "teflon" Blake was called "Leon" by his teammates was true. Cutting "high and long" Blake, for his performance LAST YEAR, really sends a message to the rest of the team.
Now, we've announced Quan moving to split end, so we could be taking a wideout, and cut teflon Blake, so we could be taking a QB.
Nice.
If this turns out to be true, perhaps the rumor that Jeff "teflon" Blake was called "Leon" by his teammates was true. Cutting "high and long" Blake, for his performance LAST YEAR, really sends a message to the rest of the team.
Now, we've announced Quan moving to split end, so we could be taking a wideout, and cut teflon Blake, so we could be taking a QB.
Nice.
Easier to cut Blake than the entire offensive line.
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It's not that we doubt you, it's just that things like this get reported quite a bit on national news and aren't true.
For example, remember all the reports after we signed Kordell Stewart(section 11's comment in this thread)? What we never signed him, it was widely reported we did.
Nobody is saying you didn't hear it on ESPN news, we're just wondering if THEY have it right.
I can't site any exact games, but I do remember a few this past year where we lost by 20+ points, and Blake finished the game with 300 yards, 2 TDs and 1 INT. Great stats, but he still played poorly until the game was in garbage time.
I have a sneaking suspicion this is how his entire career has gone. That would explain why his numbers have always been solid, but he's never been a winner.
Man am I glad I didn't buy his jersey after his great game against the Packers.
I almost did.
SECTION 11
vibraslap
Well played, Russ.
