Moulds: 2005 is probably his last season

[clumping platelets]

2005 1500000.00 (was $5.5 million)
2006 6089000.00 (same)
2007 7250000.00 (added)


His salary in 2006 did not change. Only 2005...thus, the Bills basically did a simple restructure and converted salary to signing bonus.

[ajsdx]

:(

[mybills]

Is that a sure thing that he's gone after 05?

[clumping platelets]

It's not a sure thing, but I would have hoped Moulds (and his agent) would have done something to lower his salary in 2006.

[The Natrix]

They can just restructure again. As long as the bills keep having good seasons, I think he will stay.

[Marvelous]

I want Moulds to finish his career with us. I rank that want #2 only behind winning the east. I no longer even need to mention wanting the conference or ..............

[Tatonka]

They can just restructure again. As long as the bills keep having good seasons, I think he will stay.

yeah.. why wouldnt they just restructure again in 06?

[mybills]

bump

[ddaryl]

Where's the link to thisinformation ?

I don't uncderstand how the retructured deal works then. If he adjusted this years cap hit by taking a bonus we would have to figure in the amortisized bonus from his previous contract which was 12.5 million spread over 6 years.

The 2+ million a season amortisized bonus from the original contract has to be accoutned for and the new bonus he recieved this year which was about 3.5 million. In other words Moulds has 9.7 (give or take) worth of bonus cash that gets distributed thru now and 2007.

In this case cutting Moulds next season would cost the Bills approximately 5.5 million of dead cap space next year if they choose to release him.

If his base wage is 6.1 million next year we would only save .6 million by releasing him.

I think Moulds is safe next year, or am I completely off in my thinking.

[clumping platelets]

Moulds will have $2 million amortization remaining from the $12 million signing bonus he rec'd in 2001. He will also have the new amortization in both 2006 & 2007. Thus, his dead cap in 2006 (before 6/1) will be $5,333,333. His cap number in 2006 will be approx. $10 million ($6.089 million, $2 million old amort, $1,666,666 new amort = $9,755,666) PLUS he could still have the same $1 million reporting/roster bonus and $100,000 workout bonus.

The Bills took the difference in salary of $4 million ($5.5 million down to $1.5 million) and his $1 million reporting/roster bonus, which together is the $5 million, and converted it to signing bonus to spread out over 3 yrs. He was scheduled to make $6.6 million cash in 2005 (cap hit higher because of previous signing bonus amortization). He will receive $6.5 million cash in 2005. This method is called "simple restructure" or conversion of salary to bonus

[clumping platelets]

Title of the thread has the source

NFLPA

[Michael82]

Moulds will have $2 million amortization remaining from the $12 million signing bonus he rec'd in 2001. He will also have the new amortization in both 2006 & 2007. Thus, his dead cap in 2006 (before 6/1) will be $5,333,333. His cap number in 2006 will be approx. $10 million ($6.089 million, $2 million old amort, $1,666,666 new amort = $9,755,666) PLUS he could still have the same $1 million reporting/roster bonus and $100,000 workout bonus.

The Bills took the difference in salary of $4 million ($5.5 million down to $1.5 million) and his $1 million reporting/roster bonus, which together is the $5 million, and converted it to signing bonus to spread out over 3 yrs. He was scheduled to make $6.6 million cash in 2005 (cap hit higher because of previous signing bonus amortization). He will receive $6.5 million cash in 2005. This method is called "simple restructure" or conversion of salary to bonus
When teams do this kind of contract restructure...they usually go back to the contract the next year...don't they?

[ddaryl]

cutting Moulds next season would only save the Bills 1 million give or take a couple hundred thou, Maybe 2 million at the most.

As long as Eric plays at a high level I think he's safe next year. I am dissapointed in the the way this restrucutring went. We didn't really do ourselves the favor I thought we had.

Now lets talk about the mike Williams situation

[helmetguy]

And people *****ed about Bledsoe's last restructure?

[don137]

I never understood how people feel players that re-structure are taking one for the team. The vast majority of players receive the same amount of money as before they only get the money much sooner thus enabling them to invest it sooner and make more money...

[Ebenezer]

yeah.. why wouldnt they just restructure again in 06?
actually, they would be better to restructure again BEFORE 2006...his numbers for 2006 and 2007:

2006
Base: $6,089,000
Bonus: $4,666,666

2007
Base: $7,250,000
Bonus: $1,666,666

they could easily bounce that $6mil down by giving him a signing bonus, adding 2008 to the contract and keeping the number low...they could convert $4.5 M of that to bonus add 2008, spread out the bonus and save $3M in 2006. If Moulds is productive in 2005 then $7.5 mil in 2006 is not unreasonable.

this is actually not a bad scheme in that as long as Moulds is productive they can just keep converting some salary to bonus, add another year and amoratize it out...TD just has to keep the numbers controlled so that they don't get out of hand.

it is easy to conceive something like the following happening:

2006
Base: $1.5M
Bonus: $6.1M

2007
Base: $3.25M
Bonus: $5.1M

2008
Base: $4M
Bonus: $3.5M

[Mr. Cynical]

As much as I like the guy, he is not going to be worth $7M+ after '05. I think unless he has a blowout year in '05, he may be released or traded. JMO...

[Marvelous]

You just don't release Moulds. He is our best player since the early 90's team. I'm sure he restructures again when teh time comes.
Those are fightin words.

[Dozerdog]

I think the new TV deal ill be complete before the 2006 season, thus the NFLPA and the NFL will have a new collective bargaining agreement in place.

What does this mean? The Salary cap will be extended beyond 2006 , and it will be known (roughly) how big it is. If the cap runs 90-95 million in 2006,2007- I don't think it's as big a deal. Once the uncertanty of the cap is resolved- a lot of deals will be redone.

[Dozerdog]

You just don't release Moulds. He is our best player since the early 90's team. I'm sure he restructures again when teh time comes.
Those are fightin words.
I don't think people would conmplain if Moulds has 65 catches, 879 yards, and 6 TDs next season - and we replaced him with - say- Anaquin Boldin off a pro-bowl season.

[Mr. Cynical]

I don't think people would conmplain if Moulds has 65 catches, 879 yards, and 6 TDs next season - and we replaced him with - say- Anaquin Boldin off a pro-bowl season.
Agreed...that's my thinking as well.

[Wheresthekgun]

cutting Moulds next season would only save the Bills 1 million give or take a couple hundred thou, Maybe 2 million at the most.

As long as Eric plays at a high level I think he's safe next year. I am dissapointed in the the way this restrucutring went. We didn't really do ourselves the favor I thought we had.

Now lets talk about the mike Williams situation Td will just let him go next year regardless of a good season or not. He could have the best year of his career and TD would still try to trade him just so he can get that money to spend.....All in all TD was a disasterous choice.

[Dozerdog]

Td will just let him go next year regardless of a good season or not. He could have the best year of his career and TD would still try to trade him just so he can get that money to spend.....All in all TD was a disasterous choice.And you base this on what?????

[ddaryl]

Td will just let him go next year regardless of a good season or not. He could have the best year of his career and TD would still try to trade him just so he can get that money to spend.....All in all TD was a disasterous choice.
LMAO

Gloom and Doom.

Butler was a disatrous choice. TD still has good control on our cap and still brings in plenty of quality players.

Moulds can restructure again next year, but even though Moulds restructures he never takes a pay cut. If he doesn't start taking a paycut he has to be shown the door. Can't keep expanding the cap hit on him regardless.

I keep hoping Moulds will extend his contract with lower base salaries but obviously he doesn't want to. Can't blame TD for that.

[Ebenezer]

As much as I like the guy, he is not going to be worth $7M+ after '05. I think unless he has a blowout year in '05, he may be released or traded. JMO...
define blowout...88 catches isn't enough.

[mysticsoto]

Correct me if I'm wrong, but after this year, we don't have to pay anything out to Bledsoe, do we? So do we recover that money that he's taking up this year? Also, every year the salary cap goes up slightly...so with some restructuring, we probably could bring Moulds back easily - as long as he is still producing.

The only restructuring I want to do right now is to Mike Williams' contract. He is waking way too much for what he is producing...

[Ebenezer]

Correct me if I'm wrong, but after this year, we don't have to pay anything out to Bledsoe, do we? So do we recover that money that he's taking up this year? Also, every year the salary cap goes up slightly...so with some restructuring, we probably could bring Moulds back easily - as long as he is still producing.

The only restructuring I want to do right now is to Mike Williams' contract. He is waking way too much for what he is producing...
you cannot "recover" anything...it is not like taking a hit and then getting a make up call...yes, they will be free of any burden from DB after this year.

[The King]

Clump this is your 666 thread. Its doomed for hell.

[jamze132]

Well if we cut Clements, Moulds, Spikes, Milloy, and Shoebel, we should be in pretty good shape for the cap the next couple of years. Only problem with that is that we would lose 20 games the next 2 years and JP woud be emotionally scarred for life. yeah, great idea.