Fitz contract... What does it cost to get out of it.

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  • X-Era
    What this generation tolerates, the next generation will embrace
    • Feb 2005
    • 27670

    Fitz contract... What does it cost to get out of it.

    This says it's a 2.8 mil cap hit in 2013 if we cut him.

    Many fans are quick to chide Bills head coach Chan Gailey for a purported unwillingness to throw the ball deep. Don't twist his arm into testing the arm of quarterback Ryan Fitzpatrick ...


    This however says 10.45...



    This then says "In 2013, Fitzpatrick has a $3 million roster bonus, which also is guaranteed for injury only, along with a base salary of $4.25 million, $3.2 million of which is guaranteed for injury only."

    The Bills may be regretting the decision to give quarterback Ryan Fitzpatick a six-year, $59 million deal.


    Can anyone crack the code here?

  • MitchMurrayDowntown
    Skoobasaurus-Rex
    • Oct 2011
    • 22284

    #2
    Re: Fitz contract... What does it cost to get out of it.

    The code is malware.

    Comment

    • Novacane
      Registered User
      • Jul 2002
      • 42348

      #3
      Re: Fitz contract... What does it cost to get out of it.

      Who cares. Get rid of him

      Comment

      • lightningbolt444
        Registered User
        • Mar 2007
        • 820

        #4
        Re: Fitz contract... What does it cost to get out of it.

        The signing bonus is spread out across the deal until 2015 so we would be on the hook for at least 6 million there no?

        I think the thing to think of here is can a young guy come in and have it be his team or will fitz being here be a disruption. If it will be cut him or trade him no matter what. If it wont be a distraction I think you bring him back for at least one more year.
        Last edited by lightningbolt444; 12-16-2012, 06:04 PM.

        Comment

        • trapezeus
          Legendary Zoner
          • Oct 2004
          • 19525

          #5
          Re: Fitz contract... What does it cost to get out of it.

          i got divorced this year. the cost to settle was killer. but that money bought piece of mind. Same policy applies here.

          whatever the "hit", it's worth it.

          I'd rather have a qb who sucks and has to hand off every single play, than have a guy chan thinks can get the job done.

          Comment

          • X-Era
            What this generation tolerates, the next generation will embrace
            • Feb 2005
            • 27670

            #6
            Re: Fitz contract... What does it cost to get out of it.

            I don't think there's many GM's that will eat over 10 mill in cap hit to start a rookie. I hope it's a lot less than that.

            Comment

            • kingJofNYC
              Registered User
              • Sep 2009
              • 5960

              #7
              Re: Fitz contract... What does it cost to get out of it.

              Originally posted by lightningbolt444 View Post
              The signing bonus is spread out across the deal until 2015 so we would be on the hook for at least 6 million there no?

              I think the thing to think of here is can a young guy come in and have it be his team or will fitz being here be a disruption. If it will be cut him or trade him no matter what. If it wont be a distraction I think you bring him back for at least one more year.
              I think we'd be on the hook for the option bonus too, that gets amortized over the life on the contract as well. So you add 6 and 4 it's around a 10m dead cap hit. Fitz has a cap hit of around 10.5m so the team would actually free up half a million dollars by cutting him. However, finding a replacement QB for half a million is hard to do, so it's probably best to keep him on the roster for one more year, and have Fitz be the backup, a very expensive one. Or we can just ties with him altogether. I'm assuming a QB is added via the draft.

              Comment

              • BertSquirtgum
                Registered User
                • May 2009
                • 13379

                #8
                Re: Fitz contract... What does it cost to get out of it.

                Originally posted by X-Era View Post
                This says it's a 2.8 mil cap hit in 2013 if we cut him.

                Many fans are quick to chide Bills head coach Chan Gailey for a purported unwillingness to throw the ball deep. Don't twist his arm into testing the arm of quarterback Ryan Fitzpatrick ...


                This however says 10.45...



                This then says "In 2013, Fitzpatrick has a $3 million roster bonus, which also is guaranteed for injury only, along with a base salary of $4.25 million, $3.2 million of which is guaranteed for injury only."

                The Bills may be regretting the decision to give quarterback Ryan Fitzpatick a six-year, $59 million deal.


                Can anyone crack the code here?
                Cap hit would be around 6,500,000

                Comment

                • BertSquirtgum
                  Registered User
                  • May 2009
                  • 13379

                  #9
                  Re: Fitz contract... What does it cost to get out of it.

                  6,200,000

                  Comment

                  • kingJofNYC
                    Registered User
                    • Sep 2009
                    • 5960

                    #10
                    Re: Fitz contract... What does it cost to get out of it.

                    Hurkey, I'm not sure how the option bonus is treated, if the hit is spread out over the life or not.

                    If the option bonus is not spread out over the life of the contract, then yes, the dead cap hit would be in the 6 to 6.5m range, which would net the Bills about 4m in actual cap savings if they cut ties with Fitz.

                    Comment

                    • BertSquirtgum
                      Registered User
                      • May 2009
                      • 13379

                      #11
                      Re: Fitz contract... What does it cost to get out of it.

                      Maximum cap hit, 6,200,000 Minimum cap hit 2,000,000. I think he's guaranteed 3,000,000 before a certain date. So they would need to cut him before this date.

                      Comment

                      • kingJofNYC
                        Registered User
                        • Sep 2009
                        • 5960

                        #12
                        Re: Fitz contract... What does it cost to get out of it.

                        Originally posted by HurkeyNuts View Post
                        Maximum cap hit, 6,200,000 Minimum cap hit 2,000,000. I think he's guaranteed 3,000,000 before a certain date. So they would need to cut him before this date.
                        Minimum would happen if they cut him after June, but they then would take a 4m+ dead cap hit in 2014. You can spread the hit over two years if you cut the player after June.

                        Comment

                        • clumping platelets

                          #13
                          Re: Fitz contract... What does it cost to get out of it.

                          Option bonuses are treated as signing bonuses and amortized.......I have all the numbers at home and can answer or confirm the numbers

                          Comment

                          • kingJofNYC
                            Registered User
                            • Sep 2009
                            • 5960

                            #14
                            Re: Fitz contract... What does it cost to get out of it.

                            Originally posted by clumping platelets View Post
                            Option bonuses are treated as signing bonuses and amortized.......I have all the numbers at home and can answer or confirm the numbers
                            That's what I figured, so it'd be around a 10m dead cap hit if I'm not mistaken. If he's on the roster it's 10.5m, off 10m.

                            Comment

                            • BertSquirtgum
                              Registered User
                              • May 2009
                              • 13379

                              #15
                              Re: Fitz contract... What does it cost to get out of it.

                              I think it really all depends on the language of the contract. I would love to know what it says if he is cut.

                              Comment

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