|
IL Cheap Justin Smith Jersey on sale 461
Tuesday, August 7, 2012, 11:20 AM
[General]
,Cheap Earl Thomas Jersey
Contract details on Vilma, Greer NFL Nation Blog ESPN
Its rare that a contract restructure means a pay cut. Usually,Cheap Marques Colston Jersey, its simply a matter of shifting base salary into signingbonus money to help a teams salary cap. Players generally end up making the same amount they were supposed to in a given year, but getting the money as a signing bonus gives them more time to collect interest.
But the case of New Orleans middle linebacker Jonathan Vilma is anything but ordinary. Vilma, who is facing a possible suspension for his role in the Saints bounty program,Cheap Andre Tippett Jersey, took a pay cut when he restructured his contract recently.
Vilmas new deal includes a $1 million signing bonus, but his base salary dropped from $5.4 million to $3.3 million for 2012. The Saints also added a $600,000 roster bonus, which might not come into play, if Vilma is suspended. The deal also kept a $100,000 workout bonus. In short, the cash value of Vilmas deal for this year, dropped from $5.5 million to $3.3 million. For the Saints, the important thing is that Vilmas cap figure for this year dropped from $7.6 million to $4.9 million.
Vilma didn't have to take a cut for 2013, but some things were adjusted. His cap figure dropped from $8.6 million to $8.1 million. Vilmas 2013 base salary was lowered from $5.9 million to $4.8 million, but he can recoup that money because the new deal includes a $1.1 million roster bonus.
The Saints also restructured the deal of cornerback Jabari Greer, but that was a different story. The Saints gave Greer a threeyear contract extension that helped them lower his cap figure this year. Greers new cap figure is $5.4 million. It had been scheduled to be $6.25 million. Greers base salary for this season dropped from $5.4 million to $2.4 million, but he collected a $5.3 million signing bonus. Greer also is scheduled to earn a $100,000 workout bonus and can earn an extra $1 million this year in incentives and escalators.
Greers extension includes $11.3 million in guaranteed money. The total value of the deal is $21.1 million, but that could rise to just over $22.5 million if he hits on all incentives and escalators.
The author introduces:
KB Cheap LeSean McCoy Jersey on sale 529
QH Lights Out Black Jerseys on sale 066
365d JERSEYS is a privately owned sports goods company with a history of nearly 4 years.We have the professional factory behind us manufacturing all sports jerseys.Click here Read More
|
Recent Blog Posts |