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

Jump to content

Toggle shoutbox NYJETSFAN BANTER

HarlemHxC814 Icon : (13 April 2014 - 10:50 AM) Teh.
santana Icon : (13 April 2014 - 10:59 AM) Peeps in new Orleans still talking about wrestle mania
santana Icon : (13 April 2014 - 10:59 AM) The hype was strong
Jetsman05 Icon : (13 April 2014 - 12:27 PM) Unreal.
santana Icon : (13 April 2014 - 12:33 PM) It was all just a dream
HarlemHxC814 Icon : (13 April 2014 - 05:20 PM) I used to read Word Up magazine
MikeGangGree... Icon : (13 April 2014 - 07:06 PM) http://espn.go.com/n...port?src=mobile
MikeGangGree... Icon : (13 April 2014 - 08:32 PM) Its funny how much baseball has used replay in the first 2 weeks
ganggreen2003 Icon : (13 April 2014 - 08:46 PM) BREAKING NEWS: I'M STILL FUCKIN ALIVE JUST BUSY GETTING MY BUSINESS OFF THE GROUND!!!! FOR FURTHER NOTICE KISS MY ASS!!!!
santana Icon : (13 April 2014 - 09:30 PM) Lol
santana Icon : (13 April 2014 - 09:31 PM) Gg03 doing his own updates
MikeGangGree... Icon : (13 April 2014 - 10:33 PM) ^because the updates here never change
Mr_Jet Icon : (14 April 2014 - 02:30 AM) That's right, because I was on the edge of my seat wondering whether or not Garrett McIntyre would be resigned or not.
Mr_Jet Icon : (14 April 2014 - 02:39 AM) There is not really much to update us about in the dog days of the off-season. Unless we want Santana to be like CNN and give us constant "updates" about the missing Malaysian airplane.
santana Icon : (14 April 2014 - 08:50 AM) I should start doing baseball updates
santana Icon : (14 April 2014 - 08:50 AM) Dodger dawgss
Smedsthejet Icon : (14 April 2014 - 01:52 PM) Cro enjoyed a good birthday with some of that Cardinals signing bonus: http://kissingsuzyko...tle-people.html
azjetfan Icon : (14 April 2014 - 03:44 PM) ESPN NY
azjetfan Icon : (14 April 2014 - 03:44 PM) 18. New York Jets -- Bradley Roby, CB, Ohio State: Surprised? Yes, the Jets need a receiver, but it's the deepest receiver draft in years, and they can find a good one in the second round. This would mark the fifth straight year with a defensive pick in Round 1.
Chaos Icon : (14 April 2014 - 03:51 PM) is he better than Gilbert, Dennard, and Fuller?
Mr_Jet Icon : (14 April 2014 - 03:56 PM) In my biased opinion I don't think he's better than Dennard.
Jetsfan0099 Icon : (14 April 2014 - 04:05 PM) ewww
azjetfan Icon : (14 April 2014 - 04:13 PM) Denard and Gilbert are gone in this mock by 18
HarlemHxC814 Icon : (14 April 2014 - 07:08 PM) no f***ing way...
ganggreen2003 Icon : (14 April 2014 - 07:44 PM) ICYMI We AREN'T the 49ers... THANK GOODNESS!!!!
ganggreen2003 Icon : (14 April 2014 - 07:45 PM) Carry On NUMBNUTS!!!!
HarlemHxC814 Icon : (14 April 2014 - 09:23 PM) FAN
HarlemHxC814 Icon : (14 April 2014 - 09:23 PM) DAN
HarlemHxC814 Icon : (14 April 2014 - 09:24 PM) GOOOOOOOOOOOOOOOOOOOOOO
MikeGangGree... Icon : (14 April 2014 - 11:53 PM) EVOLUTION!!!
MikeGangGree... Icon : (14 April 2014 - 11:57 PM) OOO Man I got to get tickets to Extreme rules now. since I will be in NY that week
greenandwhit... Icon : (Yesterday, 02:32 AM) I have to get tickets... Evolution is back. I'm 10 years old again
Jetsfan0099 Icon : (Yesterday, 08:04 AM) Chris Johnson visiting jets today
santana Icon : (Yesterday, 10:06 AM) http://i.imgur.com/RWFWUYi.gif
Jetsfan115 Icon : (Yesterday, 12:03 PM) izdik offers him a lifetime supply of clip on dreadlocks
Jetsfan0099 Icon : (Yesterday, 02:40 PM) ‏@KristianRDyer 1h
Hearing from a team source that interest between Jets, Chris Johnson is "mutually high between both parties." #nyjets #jetstwitter
ganggreen2003 Icon : (Yesterday, 05:16 PM) ICYMI : Today marks the 51 year anniversary that the Titans of NY became the NEW YORK JETS
Jetsfan115 Icon : (Yesterday, 05:21 PM) nice we could use CJ. we still lack offesnife playmakers
Jetsfan0099 Icon : (Yesterday, 06:02 PM) ‏@MMehtaNYDN 7m
Chris Johnson's visit with the Jets today: Productive. Good vibes all around, I'm told. #nyj
Expand
Jetsman05 Icon : (Yesterday, 06:34 PM) offesnife!
Jetsman05 Icon : (Yesterday, 06:34 PM) tehhhh
Jetsfan115 Icon : (Yesterday, 06:54 PM) yay more typing jokes. how original. you should see this thing called the internet
santana Icon : (Yesterday, 08:14 PM) So you ever go on that there Internet? Lotta cool stuff on that Internet
santana Icon : (Yesterday, 08:24 PM)

Quote

Ian Rapoport
Chris Johnson’s visit with #Jets today went well, from what it sounded like. It’s over now. Nothing final yet, other teams still circling
santana Icon : (Yesterday, 08:25 PM) I think he's just stating the obvious but whatever it's an update
Resize Shouts Area

Page 1 of 1

Sanchez Contract Breakdown.

#1 User is offline   SecondHandJets Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 7,449
  • 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: 190
  • 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