View Single Post
Old 03-16-2013   #1171
thunderkyss 
& so it begins
 
thunderkyss's Avatar
 
Join Date: Sep 2005
Location: Texas
Age: 42
Posts: 36,263
Rep Power: 323680 thunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respectedthunderkyss is a quality contributor and well respected
Send a message via Yahoo to thunderkyss
Default Re: Ed Reed to visit Texans

Quote:
Originally Posted by handswarmer View Post
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
I understand that. But the last three years are used to calculate his cap hit. Unless you're dividing $29M by 3 & not 6.

But they are taking his cap numbers adding them to the whole bonus & saying he will earn that $51M in two years, $62M in three years.

They're counting part of his bonus twice. They need to separate the prorated amount from his cap number to get his "salary" then add that to the $29M & they can say he will have been compensated, whatever.

If the $51M (in the first two years) & the $62M (in the first three years)
numbers are right, then those cap numbers can't be right.
__________________
thunderkyss is online now   Reply With Quote