Originally Posted by handswarmer
The back end ofthe contract should be ignored- it will be re-structured after year 3 so it doesn't really count. Here are the total numbers forthe three years that count-
Year Salary Bonus Options Cap hit
2013 $1mill $5mill $0 $6.8mill
2014 $6mill $5.8mill $3mill $14.8mill
2015 $4mill $5.8mill $4.75mill $14.55mill
Yeah, but the problem for the Ravens is they'll have $25,850,000 in unamortized bonus/guaranteed money left on that contract after year three. That means that essentially they've given Flacco all of the leverage in negotiations (ie: cutting him means you take a $25.85 million cap hit instead of a $28.55 million in year 4).
You're not talking about the typical restructure, you're talking about an extension. If Joe decides to play hardball, he's got the Ravens by the short-hairs.