I've never taken the time to fully understand the NFL salary cap rules. So I'll just ask - if Eli is traded in-season before the deadline, what does that mean for the Giants' salary cap for the remainder of 2019? Does his salary come off the books totally or does some portion become dead space?
As a vet, his salary is guaranteed. If someone picks him up, they will take on the pro-rated portion of his salary, which is all the cap hit he has remaining (a little over $1MM/gm I believe).
So we would free up roughly $14MM on the cap by trading him, but take on cap from whoever we acquire.
As a vet, his salary is guaranteed. If someone picks him up, they will take on the pro-rated portion of his salary, which is all the cap hit he has remaining (a little over $1MM/gm I believe).
So we would free up roughly $14MM on the cap by trading him, but take on cap from whoever we acquire.
Nope. Dave has it correct above. $718K/wk is credited for each week we don't pay him. And yes, there is the possibility of moneyball where we pay part of the outstanding salary in exchange for a higher pick. See Tannehil's trade to Tenn.
No. If he is traded this week, he has a little over $9M remaining in salary.
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that whatever team trades for Eli will also need to have 14 million in cap space?
No. If he is traded this week, he has a little over $9M remaining in salary.
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that whatever team trades for Eli will also need to have 14 million in cap space?
No. If he is traded this week, he has a little over $9M remaining in salary.
So if there is a taker for Eli - they would have to have $9M left in cap space for this year?
Is it possible for said team to make a trade for Eli and rework his contract? Maybe extend him to fit him under the cap for this year?
LOL A 3!?
I mean - this seems way more likely...there can't be many teams with the kind of space needed to fit him under the cap right now...how many teams have $9-$10 mil in cap space left?
Huh? With the NTC, he essentially has control of where he goes. If he is released, he is entitled to termination pay under the CBA. We would be on the hook for his full salary and bonuses.
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In comment 14583577 Dnew15 said:
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that whatever team trades for Eli will also need to have 14 million in cap space?
No. If he is traded this week, he has a little over $9M remaining in salary.
So if there is a taker for Eli - they would have to have $9M left in cap space for this year?
Is it possible for said team to make a trade for Eli and rework his contract? Maybe extend him to fit him under the cap for this year?
They can extend him. They can negotiate a moneyball arrangement where we pay half the remaining $10M. A straight trade with no reworked contract - requires the cap room to fit his remaining salary.
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It is more likely that Eli would ask for his release and the team would grant it so he could go wherever he wanted and there would not be a salary cap issue.
Huh? With the NTC, he essentially has control of where he goes. If he is released, he is entitled to termination pay under the CBA. We would be on the hook for his full salary and bonuses.
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It is more likely that Eli would ask for his release and the team would grant it so he could go wherever he wanted and there would not be a salary cap issue.
Huh? With the NTC, he essentially has control of where he goes. If he is released, he is entitled to termination pay under the CBA. We would be on the hook for his full salary and bonuses.
I think this is where is all ties together.
I don't think that any team is trading for Eli with what he will cost them (I don't even think it's an option for at least 3/4 of the teams).
So if Eli thinks he can still play - which I think he does.
AND there's another team that still thinks he can play - which I think their are.
I think the right thing to do is to give him his outright release so he can go to another team and try to win.
I think the Giants at least owe him that after the past 5 years.
I always referred to their salary as a game check. 16 games/16 checks. The bye week, the players are on their own. Same during the off-season. If I'm wrong, I would love to be corrected. Either way, it is a minor technicality if the salary is divided by 16 or 17.
In the other major sports this happens all the time - I can't think of a time where that happened in the NFL.
IF the Giants can do that - that's the only chance Eli gets traded.
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In comment 14583594 Peter from NH (formerly CT) said:
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It is more likely that Eli would ask for his release and the team would grant it so he could go wherever he wanted and there would not be a salary cap issue.
Huh? With the NTC, he essentially has control of where he goes. If he is released, he is entitled to termination pay under the CBA. We would be on the hook for his full salary and bonuses.
Salary cap issue for the new team...
Gotcha. Our salary cap already had his full $23M cap hit factored in. A release doesn't change that calculation. Even if he signs with a new team, he can collect his salary from the Giants (Mara isn't going to mind) and earn new money at whatever the market determines.
In the other major sports this happens all the time - I can't think of a time where that happened in the NFL.
IF the Giants can do that - that's the only chance Eli gets traded.
Yes. Miami ate some of Tannehill's money that he is due this year in order to trade him to the Titans.
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allowed to "eat" some of the contract money in a trade?
In the other major sports this happens all the time - I can't think of a time where that happened in the NFL.
IF the Giants can do that - that's the only chance Eli gets traded.
Yes. Miami ate some of Tannehill's money that he is due this year in order to trade him to the Titans.
So if it's conceivable that the Giants eat most of - if not all of Eli's contract for this year (which - at this point, who cares - he's off the books this year any way) then whoever gets Eli could essentially get him for free for one year as a rental type player...
If that's the case - it's the slam dunk right thing to do to trade him to a team who's starter went down. Pitt and Jax, maybe NO, are teams that make a lot of sense.
IF it's free - why wouldn't you take a chance if you're one of those teams?
AND the Rooney's and Mara's go way back.
This makes a lot sense.
AND the Rooney's and Mara's go way back.
This makes a lot sense.
A 3rd rounder? seems like a pipe dream.
AND the Rooney's and Mara's go way back.
This makes a lot sense.
I think this would be the only way a trade would get done, but I doubt they would get a 3rd rounder back. Probably would be a conditional pick, but I doubt a trade would happen.
If someone deems Eli possible solution to their current QB problem and they think they can make a run THIS year...why wouldn't you do this?
You think the Steelers would feel better about their chances THIS year with Eli or Mason Rudolph?
It's a one year, free option for whatever you can get...
I think some team should be willing to make that deal...
Who knows - maybe there's more than one and you find a bidding war for him (I know - it's a pipe dream).
However, if he's released, he would probably find a job. Eli can still play some.
The Jets could probably use Eli right now. That would be an interesting conversation because he'd probably prefer to stay in NY than go to Pittsburgh. But some other QB will get hurt on a team that thinks they can compete with a veteran game manager.
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Is what the Gmen would get back or another team would pay. And it's possibly negotiable as part of a trade. Meaning Giants could still pay him something for a higher pick. I'm not 100% sure if it's allowed but If I'm the giants and I can get a 3 for Manning if I pay 50% of his salary - I do that deal if Eli accepts it...
LOL A 3!?
They wouldn't.
With the release, Eli can choose what he wants to do next. But this is the main reason - there can be no return of Eli as the starter. Even though Eli would be the consummate teammate and do whatever is asked to help the team, he shouldn't be subjected to questions. DJ is the starter and there can not be any shadow of the greatest QB for the Giants on the sideline nor 2 lockers away. The Giants can't subject Daniel's development to the scrutiny of when he falters that the media will push to have Eli start. Shurmur doesn't need the distraction of the daily prodding by Leonard, Raanan, and Lombardo. This is Daniel's team now and there can't be any looking back.
While Eli provides that safety-net, it is too convenient to fall back on. It won't be all roses for DJ. He will have some bad games. There can be no temptation by either Mara or Shurmur to bench DJ at the first sign of adversity only for short term security. Shurmur is tied to DJ. If DJ stinks it up, Shurmur may be tempted to reverse the decision to bench Eli just to save his job.