Good Read On Contracts Of Opt Outs By OTC

Than I thought.

but the 350k is only for players with a high risk opt out.

Which I'd guess Solder qualifies for.

The voluntary opt out is different - maybe the link clarifies that - but I can't click the link right now (maybe others can't either).

to click the link it's in the first sentence of the quote.


Sorry.

so the Giants have however many millions due to Solder back on the ledger for 2020?

Of course, the Giants will have to eat that in '21, which stinks but what can you do. Doubtful Solder ever plays for the Giants again.

if Solder played this year we'd get a cap hit of $19.5 mil and if we released him we'd get a cap savings of just $3.5 mil. And if he played this year, then in 2021 he'd have a cap hit of $20.5 mil and a cap savings of $14 mil.

Since he opted out, everything gets pushed back a year except for the prorated amount. What that means is that we should get a cap savings of $9.9 mil (assuming the roster bonus was paid our already) this year. The $6.5 mil prorated bonus and $3 mil roster bonuses count for this year.

Next year, in 2021, his cap number would be $16.5 mil since I'd assume his roster bonus moves back a year so there will not be a roster bonus next year. We paid off $6.5 mil of the prorated bonus and are only left with $6.5 left. So, $16.5 - $6.5 = $10 mil in cap savings if he is released next year.

Now this not not take into account if his base salary or roster bonus is guaranteed money. If it does then they'd have to pay that out.

Long story short, it looks like we get a $10 mil bump in our cap this year and potentially $10 mil more in 2021 if he's released.

When you take his signing bonus and his first two years base salary that adds up to his guaranteed money.

In comment 14940554 robbieballs2003 said:

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if Solder played this year we'd get a cap hit of $19.5 mil and if we released him we'd get a cap savings of just $3.5 mil. And if he played this year, then in 2021 he'd have a cap hit of $20.5 mil and a cap savings of $14 mil. Since he opted out, everything gets pushed back a year except for the prorated amount. What that means is that we should get a cap savings of $9.9 mil (assuming the roster bonus was paid our already) this year. The $6.5 mil prorated bonus and $3 mil roster bonuses count for this year. Next year, in 2021, his cap number would be $16.5 mil since I'd assume his roster bonus moves back a year so there will not be a roster bonus next year. We paid off $6.5 mil of the prorated bonus and are only left with $6.5 left. So, $16.5 - $6.5 = $10 mil in cap savings if he is released next year. Now this not not take into account if his base salary or roster bonus is guaranteed money. If it does then they'd have to pay that out. Long story short, it looks like we get a $10 mil bump in our cap this year and potentially $10 mil more in 2021 if he's released.

Great job thinking this through and writing this up! Thanks!

I was bouncing back and forth through my tabs on my phone.

his base salary amount becomes available this year. A team could decide to spend that money, but a more responsible approach is to let the money carry-over to next season, when that bill comes due.

In comment 14940595 rasbutant said:

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his base salary amount becomes available this year. A team could decide to spend that money, but a more responsible approach is to let the money carry-over to next season, when that bill comes due.

This is very likely given the small cap and Solder's still sizeable (and not easily erased) contract.

So it helps Giants cap this year....and probably will still allow them to cut Solder next year

Ryan Dunleavy
@rydunleavy
Confirmed with cap expert @corryjoel
: #Giants could also use the ~$16M cap savings from Nate Solder to just roll into next year's cap, earmarked for Solder, if they don't want to make a big Jadeveon Clowney or Logan Ryan splash.

and a year removed from football. I would think there is a very good chance, he will retire. If he doesn't, the reality is that the cap will contract so there will be less money for the entire population of players.

If he decides to play, Giants may be in a better spot to push for a paycut.

there's a future for you in cap/Gm mgmt ;)

In comment 14940638 djm said:

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there's a future for you in cap/Gm mgmt ;)

Sign me up.

In comment 14940644 robbieballs2003 said:

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In comment 14940638 djm said: Quote: there's a future for you in cap/Gm mgmt ;) Sign me up.

Kidding aside these keeper leagues definitely condition someone for this crap. They have to. Obviously on a lesser scale but the dynamics are the same. Spend wisely. Draft wisely. Cultivate wisely.

I’m ready to run an NFL team.

You're good at acquiring talent but you need to draft for character and get away from the Antonio Browns. Haha.

of 3 mil that was already paid out so I think the 10 mil number is correct.
Link - ( New Window )

And all of us Giants fans pray it's for the Eagles, Cowboys or Redskins haha.

In comment 14940658 robbieballs2003 said:

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You're good at acquiring talent but you need to draft for character and get away from the Antonio Browns. Haha.

I won’t cut brown until the body is buried once and for all!

In comment 14940682 Torrag said:

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And all of us Giants fans pray it's for the Eagles, Cowboys or Redskins haha.

Haha touché. I’d be way too loyal lol. Eli would still be my qb!

the Giants' level of interest will depend more on the development of Pearts, and possibly Gates, and the play/signability of Fleming, than on anything else. I'm hopeful that at least 1 of those 3 shows enough that we feel next year is right to just take that dead $ hit on Solder. But, I really hope Nate just decides to call it a career, and he and his family live a long, healthy, happy life.