Portis restructures too
 

[left][font=Times New Roman]At a time when the Washington Redskins are facing a potential salary purge that, by some estimates, could leave them with roughly 25 veterans under contract, we're told that the team has restructured the deal of running back Clinton Portis in order to create some cap room.[/font]



[font=Times New Roman]Specifically, a sizeable roster bonus owed to Portis has been converted to a guaranteed payment, which spreads the total value of the money over four years. Portis' contract expressly authorized the team to make the move.[/font]



[font=Times New Roman]Meanwhile, the thinking is that all non-core Redskins players making more than the minimum salary for 2006 will be jettisoned by midnight Thursday in order to enable the team to get under the salary cap, which is expected to be in the range of $95 million, if the CBA is not extended. (The teams still haven't received the official numbers from the league office, due to the state of flux regarding the CBA talks.)[/font]



[font=Times New Roman]One guy pegged for a release likely won't be cut loose just yet. Linebacker LaVar Arrington has a huge cap number for 2006 -- but the cap charge will be even bigger if he's released. With a $6.5 million roster bonus not due until July, the team can hang onto him for now and then cut the cord as the deadline for coughing up the money approaches.[/font]



[font=Times New Roman]Even if a new CBA is done, look for the 'Skins to keep him around until the eve of the deadline for paying the bonus, since doing so would keep him from getting a taste of the big money that flows on the open market in the early stages of free agency. [/font]



[font=Times New Roman]If it happens that way, Arrington can thank his agents for giving the 'Skins the motivation to stick it to him on his way out the door. After his current contract was signed in December 2003, Arrington's agents filed a grievance claiming that the team fraudulently removed from the final draft of the contract a second $6.5 million roster bonus. [/font]
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[font=Times New Roman]source: profootballtalk.com[/font]
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[font=Times New Roman]If this is a duplicate thread, I apologize. I did a search and couldn't find anything on the Portis deal.[/font][/left]

Re: Portis restructures too
 

So how much will Portis save the team? So far it seems like we're about $1.5 million better off with Brunell restructuring, if Portis can save us that much we only have about $17 million to go! Awesome!

Re: Portis restructures too
 

[QUOTE=paulskinsfan]If this is a duplicate thread, I apologize. I did a search and couldn't find anything on the Portis deal.[/QUOTE]

I mentioned it in the Brunell restructures thread, but it's cool. It deserved its own space. It's interesting that it says Portis' contract allowed the Redskins to do that, spread his bonus over the years. I wonder how many other contracts are written that way.

Re: Portis restructures too
 

i am going to like 13 he restructured too threads. makes it so exiting :D

Re: Portis restructures too
 

[QUOTE=ArtMonkDrillz]So how much will Portis save the team? So far it seems like we're about $1.5 million better off with Brunell restructuring, if Portis can save us that much we only have about $17 million to go! Awesome![/QUOTE]

there's 11$mill in obvious cuts, and cutting the roster filler can save another 5$mill.

arringotn might stick around if he reworks his deal to make him a smaller hit on the cap this year. he'd get far more money with a restructure then with being released.

Re: Portis restructures too
 

[QUOTE=That Guy]arringotn might stick around if he reworks his deal to make him a smaller hit on the cap this year. he'd get far more money with a restructure then with being released.[/QUOTE]

Nope sorry Arrignton won't get nothing if he gets release from Washington he would count in the cap for more than 10 mill either if he stays or goes if he gets release LA. wil lget money and will be more via FA.

Re: Portis restructures too
 

we always have something crazy to talk about in the offseason. hopefully this isn't the first offseason we lose

Re: Portis restructures too
 

i get the feeling dboyz wants arrington in dallas uniform

Re: Portis restructures too
 

[QUOTE=dmek25]i get the feeling dboyz wants arrington in dallas uniform[/QUOTE]

I get the feeling D'boyz wants another cowboy in his bed...

Re: Portis restructures too
 

hahaha I wouldn't mind getting him but I was just answering the comment we all have players of other teams that we wouldn't mind seeing in ours or yours

Re: Portis restructures too
 

[QUOTE=D'BOYZ]hahaha I wouldn't mind getting him but I was just answering the comment we all have players of other teams that we wouldn't mind seeing in ours or yours[/QUOTE]

You wouldn't mind getting him in your bed or on your roster? jk

Re: Portis restructures too
 

dboyz,you going brokeback on us?

Re: Portis restructures too
 

[QUOTE=D'BOYZ]Nope sorry Arrignton won't get nothing if he gets release from Washington he would count in the cap for more than 10 mill either if he stays or goes if he gets release LA. wil lget money and will be more via FA.[/QUOTE]

reread the post please. if arrington makes himself cheaper for 2006 for danny, he'll make more money overall by sticking around in DC. no one is going to give him anything like the crazy contract he currently has. by the time he'd be released the market will have dried up and there won't be money left for him from other clubs.

he'd be released march 31st if at all, a full month into free agency after everyone's budget is maxed out.

Re: Portis restructures too
 

[QUOTE=D'BOYZ]Nope sorry Arrignton won't get nothing if he gets release from Washington he would count in the cap for more than 10 mill either if he stays or goes if he gets release LA. wil lget money and will be more via FA.[/QUOTE]

I am sure you are a nice guy but I get creeped out when you jump in like that. Question... is there one of us[Redskin fan] over on your side looking in?

Re: Portis restructures too
 

how do u guys even understand his first post...he barely even knows how to talk