“Trade deadline is next Tuesday. One thing to keep in mind re: Giants moving high-priced vets: They have $1.7M in cap space. All of the remaining prorated bonus money of a traded player would accelerate onto this year’s cap. For guys like Eli, Vernon or Jenkins, that’d be $6M-plus”
The giants need to field a team. Replacing talent like Snacks and Vernon is not easy. I would not be so fast to cut anyone with talent.Cap space is great but you always overpay for someone else's free agent.
RE: I don’t believe we can afford to move any higher priced players Â
“Trade deadline is next Tuesday. One thing to keep in mind re: Giants moving high-priced vets: They have $1.7M in cap space. All of the remaining prorated bonus money of a traded player would accelerate onto this year’s cap. For guys like Eli, Vernon or Jenkins, that’d be $6M-plus”
Not necessarily. Vernon for instance has a cap number of $17 Million. His Base salary for the year is 12.75 Million. If traded today, his cap number for this year would be $4 Million plus his base salary for seven games which is $5.25 Million.
Vernons cap number for 2018 would drop to $9.25 million from $17 Million. Then the rest of his bonus would be prorated on next years cap. Remember post June 1 trades are treated like a post june 1 release with regards to bonus money. So if NYG wants to move Vernon they can.
RE: RE: I don’t believe we can afford to move any higher priced players Â
“Trade deadline is next Tuesday. One thing to keep in mind re: Giants moving high-priced vets: They have $1.7M in cap space. All of the remaining prorated bonus money of a traded player would accelerate onto this year’s cap. For guys like Eli, Vernon or Jenkins, that’d be $6M-plus”
Not necessarily. Vernon for instance has a cap number of $17 Million. His Base salary for the year is 12.75 Million. If traded today, his cap number for this year would be $4 Million plus his base salary for seven games which is $5.25 Million.
Vernons cap number for 2018 would drop to $9.25 million from $17 Million. Then the rest of his bonus would be prorated on next years cap. Remember post June 1 trades are treated like a post june 1 release with regards to bonus money. So if NYG wants to move Vernon they can.
Thank you, djstat. I've been explaining this since the Chris Canty thread a couple of weeks ago. In particular, I've used Vernon as the example.
Vernons cap number for 2018 would drop to $9.25 million from $17 Million. Then the rest of his bonus would be prorated on next years cap. Remember post June 1 trades are treated like a post june 1 release with regards to bonus money. So if NYG wants to move Vernon they can.
Quote:
“Trade deadline is next Tuesday. One thing to keep in mind re: Giants moving high-priced vets: They have $1.7M in cap space. All of the remaining prorated bonus money of a traded player would accelerate onto this year’s cap. For guys like Eli, Vernon or Jenkins, that’d be $6M-plus”
Not necessarily. Vernon for instance has a cap number of $17 Million. His Base salary for the year is 12.75 Million. If traded today, his cap number for this year would be $4 Million plus his base salary for seven games which is $5.25 Million.
Vernons cap number for 2018 would drop to $9.25 million from $17 Million. Then the rest of his bonus would be prorated on next years cap. Remember post June 1 trades are treated like a post june 1 release with regards to bonus money. So if NYG wants to move Vernon they can.
Thank you, djstat. I've been explaining this since the Chris Canty thread a couple of weeks ago. In particular, I've used Vernon as the example.