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Extra Cap Space and Big Mike
Hey Clumpy! I just had one of those light bulb moments-
The Bills have 7 plus million left according to your Last cap report (On the BillsZone front page). There doesn't seem to be any decent vets left out there, and with the exception of a couple of last minute camp cuts (which we could sign at a decent discount) that still leaves us with a significant chunk of change.
The logical step is to extend Winfield.... but what if they do the following as well .......?
posted by clumping platelets
http://espn.go.com/nfl/afc/draftsignings2002.html
Mike Williams' deal has salaries of $925,000 (2003), $1,156,000 (2004), $1,388,000 (2005), $1,618,800 (2006), $1,250,000 (2007), and $1,168,750 (2007).
The contract also has option/buyout of $3 million (payable prior to 2003 season) for 2006 and $1.25 million (do not know when it's due) for 2007. If the $3 million option is exercised (before 2003 season), the salaries for 2003-2005 change to $556,250, $475,000, and $706,250 respectively . These option/buyout monies most likely are not amortizable, thus his cap numbers for future years are as follows (assuming exercising and non-amortizability of the option payments):
If they excersize Williams' option and gibve him 3 million- it saves the Bills a lot of cap space down the road- when better free agents /we want to retain our own FA's.
What do you think? I'd rather spend it wisely now than just use it up on inferior FA talent just for the sake of using it up
The Bills have 7 plus million left according to your Last cap report (On the BillsZone front page). There doesn't seem to be any decent vets left out there, and with the exception of a couple of last minute camp cuts (which we could sign at a decent discount) that still leaves us with a significant chunk of change.
The logical step is to extend Winfield.... but what if they do the following as well .......?
posted by clumping platelets
http://espn.go.com/nfl/afc/draftsignings2002.html
Mike Williams' deal has salaries of $925,000 (2003), $1,156,000 (2004), $1,388,000 (2005), $1,618,800 (2006), $1,250,000 (2007), and $1,168,750 (2007).
The contract also has option/buyout of $3 million (payable prior to 2003 season) for 2006 and $1.25 million (do not know when it's due) for 2007. If the $3 million option is exercised (before 2003 season), the salaries for 2003-2005 change to $556,250, $475,000, and $706,250 respectively . These option/buyout monies most likely are not amortizable, thus his cap numbers for future years are as follows (assuming exercising and non-amortizability of the option payments):
What do you think? I'd rather spend it wisely now than just use it up on inferior FA talent just for the sake of using it up
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