NYJetsFan.com Forums: Sanchez Contract Breakdown. - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

Bring something to the table!
santana Icon : (18 February 2015 - 02:38 PM) HALA MADRID
MikeGangGree... Icon : (18 February 2015 - 02:46 PM) TEH MOTHER f***ing BEETS
Jetsfan0099 Icon : (18 February 2015 - 03:32 PM) Jets met with Josh McCown
HarlemHxC814 Icon : (18 February 2015 - 06:25 PM) Please no
Jetsfan0099 Icon : (19 February 2015 - 12:28 PM) Reports say Jets to go hard after CJ Spiller. Bring him aboard, he'll be a good signing. Was a stud in Chan's offense and RBs don't cost much
Jetsfan0099 Icon : (20 February 2015 - 12:09 PM) Saw that the Bills are meeting with Spiller and may sign him before FA.
Jetsfan0099 Icon : (20 February 2015 - 12:10 PM) if that happens, I think the Jets should go after Shane Vereen. Nice pass catching option out of the backfield, only 25.
Smedsthejet Icon : (20 February 2015 - 04:06 PM) Think Vereen would be a great option...I thought he was one of their best and most valuable performers during the playoffs and we need a back who can contribute in the passing game as well. Jets have been missing that piece since LT retired
Jetsfan0099 Icon : (21 February 2015 - 01:41 PM) Mariota ran a 4.52
Jetsfan0099 Icon : (21 February 2015 - 01:41 PM) Fastest for a QB since RG3
MikeGangGree... Icon : (21 February 2015 - 03:52 PM) SUCK FOR THE DUCK
ganggreen2003 Icon : (22 February 2015 - 04:46 PM) BREAKING NEWS: The New York JETS will be trading their #6 pick to Tampa Bay's #1 pick for a BAG of Shit and Darrelle Revis after he is signed in FA and sent back to Tampa Bay. - Source is Tom LaCanfora Glazer de la Menefee
santana Icon : (24 February 2015 - 03:18 PM) UEFA TIME
Chaos Icon : (25 February 2015 - 09:46 AM) http://seattle.sunti...-video-released
2JBallar01 Icon : (25 February 2015 - 04:54 PM) @RapSheet: The #Packers released LB AJ Hawk, their former first-round pick. It saves them $3.5M this year, which comes off their cap
Jetsfan0099 Icon : (25 February 2015 - 05:13 PM) @AdamSchefter 58s59 seconds ago
Jaguars expected to hire former Jets GM John Idzik as a consultant, per source.
HarlemHxC814 Icon : (25 February 2015 - 06:04 PM) FIRE IDZIK
ganggreen2003 Icon : (25 February 2015 - 06:52 PM) AJ Hawk getting cut means that the Packers are going to try real hard to lock up Cobb
ganggreen2003 Icon : (25 February 2015 - 06:52 PM) and the Lions released oft injured Reggie Bush
Jetsfan0099 Icon : (25 February 2015 - 07:29 PM) The Packers had the cap space to lock up Cobb regardless
Jetsfan0099 Icon : (25 February 2015 - 07:30 PM) But Bryan Bulaga is also a FA< so they have 2 important guys to re-sign. I think the OT is more important for Rodgers
ganggreen2003 Icon : (25 February 2015 - 09:17 PM) 22 days 21 hours 27 min till FIRST DAY OF SPRING!!!!!
Jetsfan0099 Icon : (25 February 2015 - 10:06 PM) If we get rid of Harvin, Kevin White looks like a nice replacement.
Jetsfan0099 Icon : (25 February 2015 - 10:06 PM) 6'3 runs a 4.35 and had elite production in college
ganggreen2003 Icon : (26 February 2015 - 03:38 PM) NOT SO BREAKING NEWS: WINTER SUCKS
santana Icon : (26 February 2015 - 03:41 PM) Lol Liverpool
santana Icon : (26 February 2015 - 03:42 PM) epl teams sucking ass this year
ganggreen2003 Icon : (26 February 2015 - 04:41 PM) The Jills are negotiating with Josh "Tears of" McCown
ganggreen2003 Icon : (26 February 2015 - 07:24 PM) Now the Browns are trying to woo Josh "Tears of" McCown
MikeGangGree... Icon : (27 February 2015 - 01:59 PM) please please let the browns get him
ganggreen2003 Icon : (27 February 2015 - 06:40 PM) The Browns have signed Josh "Tears of" McCown
MikeGangGree... Icon : (27 February 2015 - 06:43 PM) YES!!
santana Icon : (28 February 2015 - 12:18 PM) ESPN Jets reporter Rich Cimini speculates free agent Michael Vick may draw some interest from the Ravens.
santana Icon : (28 February 2015 - 12:19 PM) vick stay here pls
ganggreen2003 Icon : (28 February 2015 - 05:18 PM) Sucks Anthony Mason died
ganggreen2003 Icon : (28 February 2015 - 05:19 PM) but Josh "Tears of" McCown is now a perennial loser going from Tampa Bay to Cleveland
ganggreen2003 Icon : (28 February 2015 - 05:19 PM) going from one cesspool to another
santana Icon : (28 February 2015 - 09:46 PM) You realize the jets are in cesspool mode as well right?
ganggreen2003 Icon : (28 February 2015 - 11:29 PM) no we aren't
ganggreen2003 Icon : (28 February 2015 - 11:29 PM) we are in good shape compared to those 2 other franchises
ganggreen2003 Icon : (28 February 2015 - 11:29 PM) so I'm not even putting MY JETS in the same category as those lowly Tampa Bay Bucs and Cleveland Browns
HarlemHxC814 Icon : (Yesterday, 02:53 AM) The Jets are a total cesspool
MikeGangGree... Icon : (Yesterday, 02:09 PM) FIRE TEH JETS
HarlemHxC814 Icon : (Yesterday, 08:27 PM) ALL TEH CAP SPACE
Jetsfan0099 Icon : (Yesterday, 08:59 PM) NFL Expanding rosters from 53 to 55
Resize Shouts Area

Page 1 of 1

Sanchez Contract Breakdown.

#1 User is offline   SecondHandJets Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 7,489
  • Joined: 28-November 05
  • Gender:Male

  • NFL Team:

  • MLB:

Posted 21 December 2012 - 11:53 AM

As the Jets weigh their options regarding quarterback Mark Sanchez, some are suggesting that the cap hit associated with trading or cutting him would outweigh the cost of keeping him.

So let’s make sense of the cap situation, from three perspectives: (1) if Sanchez stays on the team; (2) if he’s cut; and (3) if he’s traded.

If Sanchez stays on the team, the Jets will owe him a guaranteed base salary of $8.25 million and a workout bonus of $500,000 in 2013. His total cap number of $12.853 million for next season includes a $2.5 million proration from a guaranteed payment made in 2010, along with a $1.6 million proration from the $8 million signing bonus Sanchez received in March.

If the Jets cut Sanchez before June 1, they can designate the move as a post-June 1 transaction (each team can do that with two players per year). This would defer $4.8 million in dead money from the March 2012 signing bonus to 2014. Because, however, Sanchez’s base salary for 2013 is fully guaranteed with no offset, the cap charge for 2013 would still be $12.353 million, with only the $500,000 workout bonus avoided.

Cutting him before June 1 without the post-June 1 designation would result in a cap hit of $17.1 million. He would then be off the books for 2014.

A trade before June 1 would trigger an immediate cap charge of $8.9 million, along with any portion of the $8.25 million in guaranteed salary that the Jets would have to pay in order to make the trade happen. If, for example, the Jets ship Sanchez to Arizona and the Jets agree to pay $5.25 million of the base salary while the Cardinals pay the remaining $3 million, the total cap hit for the Jets would be $14.15 million.

Perhaps the best outcome for the Jets would be to persuade another team to assume half of the $8.25 million base salary, which would allow the Jets to save some cash while also approximating the cap hit they’ll absorb if he’s on the team but not playing in 2013.

Of course, the biggest challenge could be finding a team that would be willing to pay more than $4 million for Sanchez in 2013, especially since his contract carries $11.5 million in compensation come 2014, $14 million in 2015, and $11.25 million in 2016.
0

#2 User is offline   chocomag Icon

  • Drafted Rookie
  • Icon
  • Group: Members
  • Posts: 195
  • Joined: 11-September 05

  • NFL Team:

  • MLB:

Posted 21 December 2012 - 12:28 PM

View PostSecondHandJets, on 21 December 2012 - 11:53 AM, said:

As the Jets weigh their options regarding quarterback Mark Sanchez, some are suggesting that the cap hit associated with trading or cutting him would outweigh the cost of keeping him.

So let’s make sense of the cap situation, from three perspectives: (1) if Sanchez stays on the team; (2) if he’s cut; and (3) if he’s traded.

If Sanchez stays on the team, the Jets will owe him a guaranteed base salary of $8.25 million and a workout bonus of $500,000 in 2013. His total cap number of $12.853 million for next season includes a $2.5 million proration from a guaranteed payment made in 2010, along with a $1.6 million proration from the $8 million signing bonus Sanchez received in March.

If the Jets cut Sanchez before June 1, they can designate the move as a post-June 1 transaction (each team can do that with two players per year). This would defer $4.8 million in dead money from the March 2012 signing bonus to 2014. Because, however, Sanchez’s base salary for 2013 is fully guaranteed with no offset, the cap charge for 2013 would still be $12.353 million, with only the $500,000 workout bonus avoided.

Cutting him before June 1 without the post-June 1 designation would result in a cap hit of $17.1 million. He would then be off the books for 2014.

A trade before June 1 would trigger an immediate cap charge of $8.9 million, along with any portion of the $8.25 million in guaranteed salary that the Jets would have to pay in order to make the trade happen. If, for example, the Jets ship Sanchez to Arizona and the Jets agree to pay $5.25 million of the base salary while the Cardinals pay the remaining $3 million, the total cap hit for the Jets would be $14.15 million.

Perhaps the best outcome for the Jets would be to persuade another team to assume half of the $8.25 million base salary, which would allow the Jets to save some cash while also approximating the cap hit they’ll absorb if he’s on the team but not playing in 2013.

Of course, the biggest challenge could be finding a team that would be willing to pay more than $4 million for Sanchez in 2013, especially since his contract carries $11.5 million in compensation come 2014, $14 million in 2015, and $11.25 million in 2016.


Fat chance
0

Page 1 of 1


Fast Reply

  

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users