Question about the cap and Beatty?

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Art StapletonVerified account ‏@art_stapleton
Why did #Giants release Will Beatty back in February, only to re-sign him now?
Among other things, NYG saved around $4M. Now ~$2.5M saved

the Giants saved a little over 4 mill by cutting him and had to eat 5 mill of dead money, but they rid themselves of his heavy contract. With a new 1-year contract at 1.1 mill and 750k in bonuses, he could potentially make 1.85 mill, which would be great for us because if he meets the incentives it means he was very effective.

From a money perspective, it is a sweet deal for the FO. I wouldn't be surprised if they did the same with Cruz before they are through. But who knows?

And perhaps it lit a fire

In comment 13095439 mavric said:
From a money perspective, it is a sweet deal for the FO. I wouldn't be surprised if they did the same with Cruz before they are through. But who knows? [/quote]Yes, it was a good deal for the Giants when you consider there are no other options?

If Beatty is starting by say MN Monday night game 4 and he produces we definitely made out. It will take Beatty some time to get back into football shape, get comfortable and get Solari's zone blocking scheme which I believe is new to Beatty.

Him to develop quickly in the zone blocking scheme. I was always a fan of Will Beatty. He isn't your typical NFL lineman.. and I don't fault him for that.

...without the dead money.
mavric said:

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I wouldn't be surprised if they did the same with Cruz before they are through.

The Giants and Cruz negotiated a huge salary reduction, with incentives for games played and some modest guarantees. Maybe Beatty declined a similar offer, or maybe it was never discussed before he was released.

As for the cap implications, the Giants absorbed $2.5MM of bonus acceleration in 2016 when they cut Beatty. That's not really an expense of releasing him; it's just a shift of a sunk cost from 2017 to 2016. With the Giants in good cap shape, the acceleration was a non-issue. The big thing was that they saved his massive 2016 salary.

Here's the key point, which the beat reporters haven't explained very well: re-signing Beatty, rather than giving the same deal to another free agent, is irrelevant from a cap standpoint. For cap purposes, he's a different player than the guy they cut.

Tony-in-Wichita said:

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And perhaps it lit a fire

Tony: I think Stapleton's tweet is creating some confusion. Beatty is out more like $5MM - the difference between his original contractual 2016 salary and what he stands to make under his new deal. The $2.5MM "savings" is relevant only for 2016 cap math. It doesn't reflect what Beatty lost, or even what the Giants gained in terms of cash out the door. It's just the difference between Beatty's old 2016 cap number and the combination of his new one and the dead money from his old contract (coincidentally, also $5MM).

The silver lining for Beatty - and it's a small one - is that he will be a free agent again next March. So a great season would set him up for one more big signing bonus. On the other hand, any contract he signs next spring is unlikely to make up for the salary he would have gotten in 2016 and 2017 under his old deal.

for saying yesterday that this was a stupid deal and Reese is incompetent because the giants cut Beatty in the spring and resigned him for more money yesterday.

keep your un-educated ill informed opinions to yourself you fuck

#whatreallygrindsmygears

Rory said:

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for saying yesterday that this was a stupid deal and Reese is incompetent because the giants cut Beatty in the spring and resigned him for more money yesterday.

Everyone is entitled to a brain fart now and then. But yes, this was a whopper from Giants2012:

grizz299 said:

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One million with 750 guaranteed. A bargain if you ask me.

Giants2012 : 8/30/2016 3:24 pm

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You don't understand the cap and take things at face value. Add that million onto the cap hit after he was cut and the dead money. Add them together and it's over $10 million I believe with approx. $6 million in actual hard cap dollars (not dead money)

I hope nobody took that post seriously. Pretty much everything about it is wrong.

just glad someone started this thread because I wasn't sure exactly how the numbers played out. I'm just happy it works out for the Gmen and hope that Beatty plays outstanding football.

If both work out, were in great shape. Beatty was damn good his previous 63 starts. PFF 14th best tackle, Newhouse likely is 83rd ranked, etc.

And probably took until recently to get to the point where he could. That's the only way to explain the lack of movement on his part, the tackle market was so thin that even if you didn't think highly of the guy he should have scored a deal somewhere.

Once again for the good info