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Giants will get a cap credit for the money Tate is losing during suspension. Far more important, potentially, is the voiding of his guaranteed base salary in 2020. If things go poorly this year, Giants now could cut him and be left with $7.5M in dead money. Unlikely, but an out |
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Yeah for you!!
Maybe Anando was not on BBI that day.
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Yeah for you!!
Maybe Anando was not on BBI that day.
Why are you being a dick? I was giving him/anybody else information that I posted on it if he missed it. Good job providing nothing.
Here's the math, as I understand it:
Tate's salary is reduced by 4/17ths ($464,706), because there are 17 weeks in the season. His prorated bonus is also reduced by 4/17ths ($588,235), which I guess represents an actual clawback; otherwise, I don't think the Giants would get relief. The outlier is his roster bonus, which appears (per Spotrac) to have been reduced by only 1/17th ($176,471). Weird - looks like Tate's people protected that money, or maybe the CBA does. So in all, if Spotrac's numbers are right, the Giants save about $1.23MM on this year's cap. We can look for confirmation when overthecap updates their Tate page. And, as noted, Tate's guarantees are voided, so he's somewhat more cuttable in 2020.
The problem is that Tate is 31, and his value is highest in the first year or two of his four-year contract, while his year-one salary is by far the lowest of the four seasons. Missing the first four games, when he hasn't aged further and the Giants (and Eli Manning) desperately need a fast start, puts a much bigger dent in his likely contribution than just a small fraction of certain parts of his contract.
No harm done if the team wins without him, I suppose. Then again, if they win without him, why are they paying him all that money?
As for the reduction in 2020 dead money, that only matters if the signing turns out really, really badly. The dead money after 2020 is unchanged, because the 2021 and 2022 salaries weren't guaranteed to begin with. That's a good thing, because $8.5MM will be a lot to pay for a 33-year-old Golden Tate.