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Rapoport: Giants could look to trade WR Kenny Golladay...

Ben in Tampa : 9/26/2022 9:56 am
Quote:

The situation surrounding Giants receiver Kenny Golladay could come to a head soon.


Quote:
The Giants could trade Golladay to an interested party, and likely the only way it would work is if New York pays the bulk of his contract in exchange for a late-round pick. That is a possibility.


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As of now, the situation is tenable. If Golladay becomes disgruntled or his relationship with New York becomes more of a problem, the Giants may take action. A release would be a last resort.
A trade, however, is possible. Simply, the Giants would eat much of the salary, allowing another team to trade for an effectively low-cost Golladay.


the plot thickens...
Giants could look to trade WR Kenny Golladay if situation doesn't improve - ( New Window )
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no shit?  
Giantsfan79 : 9/26/2022 9:59 am : link
?
now if only  
Giantsfan79 : 9/26/2022 10:00 am : link
Rapoport could reveal the "interested party"
Wow!  
Maryland Blows : 9/26/2022 10:00 am : link
He has insight that has been discussed on here since training camp. What a freaking joke.
Good  
superspynyg : 9/26/2022 10:00 am : link
Get him off this team. He does not fit into the culture and is not a #1 wr hear. We would have to eat a large portion of his contract though.
Personally, I think this is the BEST  
jvm52106 : 9/26/2022 10:01 am : link
option. Especially if you can get the trade to be say a late pick that could be a better pick based on production. If I can get a 5th for Golladay (LAR, TB, KC, Tenn, Indy) I jump on it.


HOWEVER- if he shows up tonight and plays with some heart, makes some plays and shows up in blocking and his route running then who knows, maybe you just ride this year out.

KT is another story altogether.
Absolutley no one  
crooza172 : 9/26/2022 10:03 am : link
will trade for this bum and that contract. No one. We are stuck with him through the season.
RE: Absolutley no one  
UConn4523 : 9/26/2022 10:04 am : link
In comment 15830773 crooza172 said:
Quote:
will trade for this bum and that contract. No one. We are stuck with him through the season.


We'd be eating a big part of his salary, so his cost is an unknown right now to another team. Plenty of teams need WR help right now and I can see contenders buying a big RZ target on the cheap. Its the type of move good teams make.
After the Odell trade Gettleman bragged about changing the culture  
ajr2456 : 9/26/2022 10:05 am : link
The WRs he brought in:

Tate
Golladay
Toney
why would another team want him  
gidiefor : Mod : 9/26/2022 10:05 am : link
?
you don't think Green Bay or KC  
UConn4523 : 9/26/2022 10:06 am : link
would be interested? Arizona needs help badly as well. There are others as well.
No one is trading for Golladay  
JoeyBigBlue : 9/26/2022 10:06 am : link
And his inflated contract. We need to ride out this season with him and release him in the offseason. Fortunately we have the cap space to eat his 14 mill dead cap hit.
I could have written that article  
mattlawson : 9/26/2022 10:07 am : link
Could.
Could.
Could.
RE: why would another team want him  
UConn4523 : 9/26/2022 10:08 am : link
In comment 15830779 gidiefor said:
Quote:
?


For the same reason why New England wanted Moss or Tampa with Brown. I'm certainly not comparing the players, but if a team with a better situation feels that Golladay can still play then what he's done here is kinda irrelevant.
RE: you don't think Green Bay or KC  
gidiefor : Mod : 9/26/2022 10:08 am : link
In comment 15830781 UConn4523 said:
Quote:
would be interested? Arizona needs help badly as well. There are others as well.


help? how is Golladay going to help them? He hasn't been able to make an impact on a team that desperately needs WR help already
RE: Good  
Adirondack GMen : 9/26/2022 10:09 am : link
In comment 15830765 superspynyg said:
Quote:
Get him off this team. He does not fit into the culture and is not a #1 wr hear. We would have to eat a large portion of his contract though.

And while you’re at it package Toney in the deal.
KG looks cooked physically  
JonC : 9/26/2022 10:10 am : link
not sure he's worth the dice roll.

That said, not expecting it to be an option unless he starts to behave poorly.
Any GM that would even consider giving up draft capital  
Blue Dream : 9/26/2022 10:13 am : link
For him and that contract should immediately be fired.
...  
christian : 9/26/2022 10:14 am : link
Many of us have been saying this is a viable option since camp.

The Giants would likely need to eat some of his 2022 salary, but from a cap perspective this is very plausible.
RE: RE: you don't think Green Bay or KC  
UConn4523 : 9/26/2022 10:15 am : link
In comment 15830786 gidiefor said:
Quote:
In comment 15830781 UConn4523 said:


Quote:


would be interested? Arizona needs help badly as well. There are others as well.



help? how is Golladay going to help them? He hasn't been able to make an impact on a team that desperately needs WR help already


I guess he should retire then?
People don't understand the cap.  
robbieballs2003 : 9/26/2022 10:15 am : link
He can't be released. As far as a trade goes, how can the Giants eat most of his salary? We don't have the room. None of this makes any sense.
The cap ramifications of releasing or trading him  
Kmed6000 : 9/26/2022 10:17 am : link
makes it a no go, IMO. It makes no sense to trade him now and only a little sense to trade him in offseason. His contract is brutal.
His current cap hit is 21M  
Kmed6000 : 9/26/2022 10:18 am : link
and the dead money hit for releasing or trading him is 31M.
Golladay contract details - ( New Window )
RE: People don't understand the cap.  
gidiefor : Mod : 9/26/2022 10:18 am : link
In comment 15830799 robbieballs2003 said:
Quote:
He can't be released. As far as a trade goes, how can the Giants eat most of his salary? We don't have the room. None of this makes any sense.


we have the room of whatever his undead cap hit is this year -- but I do think it is a moot point -- until proof is provided otherwise -- another team would have zero reasons to take him on -- he is a very weak WR
RE: RE: People don't understand the cap.  
robbieballs2003 : 9/26/2022 10:19 am : link
In comment 15830804 gidiefor said:
Quote:
In comment 15830799 robbieballs2003 said:


Quote:


He can't be released. As far as a trade goes, how can the Giants eat most of his salary? We don't have the room. None of this makes any sense.



we have the room of whatever his undead cap hit is this year -- but I do think it is a moot point -- until proof is provided otherwise -- another team would have zero reasons to take him on -- he is a very weak WR


It costs over $4 mil to cut him. To trade him, hiw are we paying most of his salary? How does that work over a multi year period?
His cap hit to a new team would be the salary  
Kmed6000 : 9/26/2022 10:20 am : link
which is about 13/14M per year. Why would anyone even want that?
If we pay most of his salary Im sure a few teams  
Rudy5757 : 9/26/2022 10:20 am : link
would be interested but how does that help? Its a big cap hit to cut him or trade him without the salary relief.
It might be an Osweiler type trade where we'd have to  
robbieballs2003 : 9/26/2022 10:22 am : link
Give up a better pick to trade him.
RE: RE: RE: People don't understand the cap.  
gidiefor : Mod : 9/26/2022 10:22 am : link
In comment 15830808 robbieballs2003 said:
Quote:
In comment 15830804 gidiefor said:


Quote:


In comment 15830799 robbieballs2003 said:


Quote:


He can't be released. As far as a trade goes, how can the Giants eat most of his salary? We don't have the room. None of this makes any sense.



we have the room of whatever his undead cap hit is this year -- but I do think it is a moot point -- until proof is provided otherwise -- another team would have zero reasons to take him on -- he is a very weak WR



It costs over $4 mil to cut him. To trade him, hiw are we paying most of his salary? How does that work over a multi year period?


actually after looking at KMED's chart -- it does look like his dead cap money is greater than his cap hit -- so he is un-trade-able
What does that mean  
Kmed6000 : 9/26/2022 10:23 am : link
the Giants can pick up Golladay's salary?
Spotrac  
AcidTest : 9/26/2022 10:23 am : link
says there is an $8.1M cap hit to trade him now. We only have about $5.1M in cap space IIRC. And who would want him anyway? On a team with basically nothing at WR he still hasn't produced anything. He's been passed by David Sills, the ultimate JAG.
Old news to us. But this sells to the average fan  
rasbutant : 9/26/2022 10:23 am : link
There was just a news article about this type of thing this morning.
Rivera was pissed that ESPN choose to "release the story" right before their game.
They are doing the same thing here with this "story".


"Rivera is right here. We also addressed the issue of timing. The original story came out last week, but Adam Schefter pushed the story Sunday morning, which he often does as the eyes of the sports world are on the NFL."

Full story linked...
Link - ( New Window )
...  
christian : 9/26/2022 10:24 am : link
From a trade perspective, Golladay's contract is very clean and easily tradable.

On 2022 Golladay has a maximum cap hit of ~$21M. This includes:

- 13M fully guaranteed salary
- 3.4M prorated of his original signing bonus
- 4.5 roster bonus

His roster and signing bonuses are already paid, so has 2/17ths of his salary.

If he's traded, the Giants could pay say 50% of his salary as a restructure bonus.

They would save 6.5M against the 2022 cap.

On 2023, the remainder of his signing bonus would accelerate, at a dead money hit of 10.2M, and the Giants would save a net 3M against the 2023 cap.
RE: People don't understand the cap.  
jvm52106 : 9/26/2022 10:27 am : link
In comment 15830799 robbieballs2003 said:
Quote:
He can't be released. As far as a trade goes, how can the Giants eat most of his salary? We don't have the room. None of this makes any sense.


My assumption is it is this year's salary, this a sunk cost for us already.
the stars seem to be aligning for a kenny golladay showcase tonight  
Eric on Li : 9/26/2022 10:27 am : link
hopefully he comes through and 1 of the many WR-needy teams gets desperate.

would also be great to replace him with OBJ.
Cutting v. trading  
RHPeel : 9/26/2022 10:30 am : link
Cutting and trading do not carry identical cap hits. Golladay is un-cuttable, but I am pretty sure he's tradeable, if the Giants are willing to retain most of the cap hit this year from his salary via a restructure. The challenge, of course, is finding someone who is interested in the player. I'm not sure a market exists.

Green Bay would be my guess, for what it's worth.
Seems like a trade would be for the best.  
Johnny5 : 9/26/2022 10:31 am : link
I'm also guessing he could restructure to make it more palatable. However... what the hell would we get for him? Probably not more than a 5th round pick. Man what a horrible FA signing by Gettleman.
Picking up more of his salary in a trade just creates more dead money  
Kmed6000 : 9/26/2022 10:31 am : link
and a team trading for him isn't paying him 13/14M per year for the next 2 years so they'd have to extend him too which is more risky. I don't see it as possible.
RE: ...  
AcidTest : 9/26/2022 10:32 am : link
In comment 15830826 christian said:
Quote:
From a trade perspective, Golladay's contract is very clean and easily tradable.

On 2022 Golladay has a maximum cap hit of ~$21M. This includes:

- 13M fully guaranteed salary
- 3.4M prorated of his original signing bonus
- 4.5 roster bonus

His roster and signing bonuses are already paid, so has 2/17ths of his salary.

If he's traded, the Giants could pay say 50% of his salary as a restructure bonus.

They would save 6.5M against the 2022 cap.

On 2023, the remainder of his signing bonus would accelerate, at a dead money hit of 10.2M, and the Giants would save a net 3M against the 2023 cap.


Thanks for the analysis but I still don't see how it would work from a cap perspective. His salary is 13M. 2/17 (about $1.5M) has already been paid, leaving about $11.5M. Half of that latter number is $5.75M, which still exceeds the $5.1M in cap space the Giants have.

The other problem of course has nothing to do with the cap, namely that he can't even get on the field for a team that has nothing at WR. So why would anyone want him even if the cap doesn't prevent him from being traded?
RE: Seems like a trade would be for the best.  
robbieballs2003 : 9/26/2022 10:32 am : link
In comment 15830842 Johnny5 said:
Quote:
I'm also guessing he could restructure to make it more palatable. However... what the hell would we get for him? Probably not more than a 5th round pick. Man what a horrible FA signing by Gettleman.


There's no way in hell anyone is giving up a 4th. With his contract and our situation with him, I don't think a trade is a viable option. A 7th at best imo if a team is interested.
...  
christian : 9/26/2022 10:33 am : link
The trade/cut calculators on OTC and Spotrac do not do a good job of tracking milestones that have occurred.

Golladay's roster and signing bonus have been paid. Those are the sunk costs, plus two games of salary checks have been paid (probably 3 actually).

Those are the total sunk costs for 2022.

He is still owed game checks for 14 games checks. The Giants can save that much money on the 2022 cap.

Because it's post June-1, all of the remaining bonus money will hit next year.
RE: RE: ...  
christian : 9/26/2022 10:36 am : link
In comment 15830847 AcidTest said:
Quote:

Thanks for the analysis but I still don't see how it would work from a cap perspective. His salary is 13M. 2/17 (about $1.5M) has already been paid, leaving about $11.5M. Half of that latter number is $5.75M, which still exceeds the $5.1M in cap space the Giants have.


That 5.1M in cap space the Giants have on paper assumes the Giants will pay his 13M in full this year.

Any amount they pay him below 13M makes that 5.1M go up, not down.
RE: Picking up more of his salary in a trade just creates more dead money  
Eric on Li : 9/26/2022 10:36 am : link
In comment 15830843 Kmed6000 said:
Quote:
and a team trading for him isn't paying him 13/14M per year for the next 2 years so they'd have to extend him too which is more risky. I don't see it as possible.


this is not correct. the trading team would be able to cut him free and clear in the future. dead money is only accrued for cash paid to a player and not yet counted on the cap.

as christian said, a trading team could add golladay for very little salary remaining this year with the nyg eating some of the remaining salary they are already on the hook to trade him for.

any dollar saved is actually a dollar less is "dead money" if you consider every remaining dollar owed to KG as dead money. wherever that savings hits doesn't matter because if by circumstances they need that $ this year then it saves them from an alternative move that would kick money to next year or if not it can roll over to next year.
Unfortunately  
DanMetroMan : 9/26/2022 10:37 am : link
he looks PHYSICALLY diminished vs. simply not being a great fit for the roster/scheme so other teams are less likely to consider him even on the extreme cheap.
RE: Unfortunately  
Eric on Li : 9/26/2022 10:40 am : link
In comment 15830859 DanMetroMan said:
Quote:
he looks PHYSICALLY diminished vs. simply not being a great fit for the roster/scheme so other teams are less likely to consider him even on the extreme cheap.


agreed - hopefully they can pump him for 1 game where he looks close to his old self and then find a team desperate enough for him. more likely i expect them to need to attach a conditional pick so it's basically paying to get rid of him.
RE: Picking up more of his salary in a trade just creates more dead money  
christian : 9/26/2022 10:42 am : link
In comment 15830843 Kmed6000 said:
Quote:
and a team trading for him isn't paying him 13/14M per year for the next 2 years so they'd have to extend him too which is more risky. I don't see it as possible.


It adds dead money, but it also frees up cap space.

He also has no guaranteed salary in 23/24. The only guaranteed money is a 4.5M roster bonus.

A team could trade for him and they have options.

If he flames out the only cost to them is whatever the Giant don't eat in salary this year + 4.5M next year.

If he does well, he's on a very reasonable 2/31M for 23/24.
I wouldn't fuck up any future assets whether it be  
robbieballs2003 : 9/26/2022 10:43 am : link
Cap spaces or picks. Ride it out this year and cut him in the offseason.
RE: RE: RE: ...  
AcidTest : 9/26/2022 10:43 am : link
In comment 15830855 christian said:
Quote:
In comment 15830847 AcidTest said:


Quote:



Thanks for the analysis but I still don't see how it would work from a cap perspective. His salary is 13M. 2/17 (about $1.5M) has already been paid, leaving about $11.5M. Half of that latter number is $5.75M, which still exceeds the $5.1M in cap space the Giants have.



That 5.1M in cap space the Giants have on paper assumes the Giants will pay his 13M in full this year.

Any amount they pay him below 13M makes that 5.1M go up, not down.


OK. I actually wondered that after I wrote my post, namely that his entire $13M salary (and not just 2 or 3/17ths of it) has already been accounted for in the cap. Thanks again.
RE: RE: Picking up more of his salary in a trade just creates more dead money  
christian : 9/26/2022 10:45 am : link
In comment 15830856 Eric on Li said:
Quote:

any dollar saved is actually a dollar less is "dead money" if you consider every remaining dollar owed to KG as dead money.


Exactly. Every game check someone else pays Golladay is better than him riding the pine in NY and the Giants paying him.
RE: I wouldn't fuck up any future assets whether it be  
Eric on Li : 9/26/2022 10:49 am : link
In comment 15830870 robbieballs2003 said:
Quote:
Cap spaces or picks. Ride it out this year and cut him in the offseason.


any dollar saved is positive. if the money is saved in the present it can still be rolled over into the future - and they would save at least the league minimum and probably more (as christian points out there's a 4.5m salary on the hook for whatever team he's on).
RE: RE: I wouldn't fuck up any future assets whether it be  
robbieballs2003 : 9/26/2022 10:51 am : link
In comment 15830886 Eric on Li said:
Quote:
In comment 15830870 robbieballs2003 said:


Quote:


Cap spaces or picks. Ride it out this year and cut him in the offseason.



any dollar saved is positive. if the money is saved in the present it can still be rolled over into the future - and they would save at least the league minimum and probably more (as christian points out there's a 4.5m salary on the hook for whatever team he's on).


You don't have to explain to me. I get it. I'm simply saying that cutting isn't an option now. And as far as a trade goes, I don't want this to be an Osweiler type trade.
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