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02-14-2008, 04:34 PM
| #1 (permalink) |
| Patience=Virtue    Join Date: Feb 2004
Posts: 21,439
| Cooley Restructures FOX Sports on MSN - NFL - 'Skins rework Cooley deal to save cap space FOXSports.com has learned Washington converted an $11 million roster bonus Cooley was scheduled to receive into guaranteed money. The move is believed to have lowered Cooley's 2008 cap number from a team-high $12.2 million to $4.4 million.
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02-14-2008, 04:36 PM
| #2 (permalink) |
| the hypocrite hater  Join Date: Dec 2005 Location: Chantilly, VA
Posts: 5,466
| Re: Cooley Restructures Thats 8mil right there, and expect more of this to come. Are people still worried about cap hell?
__________________ "im pretty sure the people that work for that website hate liberals so much that even when they are driving they would make three rights before thinking about going left." -Duffman003 |
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02-14-2008, 04:36 PM
| #3 (permalink) |
| The Starter  Join Date: Feb 2004 Location: Ft. Lauderdale, FL
Posts: 1,839
| Re: Cooley Restructures So wait, teams can restructure contracts and reduce cap numbers so there's no need to cry from the mountaintops that we're $20 million over the cap in the previous November? Does Peter King know about this?
__________________ Jason Campbell 8/7/08-"I'm just going to go out and have a Pro Bowl-type season and let everything ride." I love it! |
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02-14-2008, 04:37 PM
| #4 (permalink) |
| Playmaker  Join Date: Feb 2004 Location: Frederick, MD
Posts: 3,367
| Re: Cooley Restructures Sweet. Net cap space of almost 8 million. Now we can sign Zack Thomas, since he's available now 
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02-14-2008, 04:38 PM
| #5 (permalink) | |
| Playmaker  Join Date: Mar 2006 Location: PA
Posts: 4,170
| Re: Cooley Restructures Quote:
 Thanks Cooley, for being a team guy. | |
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02-14-2008, 04:57 PM
| #7 (permalink) | |
| Playmaker Join Date: Mar 2006 Location: PA
Posts: 4,170
| Re: Cooley Restructures Quote:
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02-14-2008, 05:01 PM
| #9 (permalink) |
| the hypocrite hater Join Date: Dec 2005 Location: Chantilly, VA
Posts: 5,466
| Re: Cooley Restructures We are around 8-12mil in the red right?
__________________ "im pretty sure the people that work for that website hate liberals so much that even when they are driving they would make three rights before thinking about going left." -Duffman003 |
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02-14-2008, 05:11 PM
| #10 (permalink) | |
| Franchise Player  Join Date: Oct 2005 Location: lancaster,pa
Posts: 8,012
| Re: Cooley Restructures Quote:
__________________ may god save us from these imbeciles courtesy of saden | |
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02-14-2008, 05:14 PM
| #11 (permalink) | |
| Zorn 4 Prez  Join Date: Feb 2004 Location: Canada
Posts: 937
| Re: Cooley Restructures Quote:
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02-14-2008, 05:28 PM
| #12 (permalink) |
| The Starter  Join Date: Feb 2004 Location: Germantown, Md.
Posts: 1,683
| Re: Cooley Restructures What Cooley has done is typical of what many players have done on this team for several years, and we all appreciate it. It speaks volumes about the type players we have on the team who are willing to restructure, some on more than one ocasion. |
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02-14-2008, 05:35 PM
| #13 (permalink) | |
| I'll Salary Cap Your Ass  Join Date: Feb 2005 Location: Havertown, PA
Posts: 5,528
| Re: Cooley Restructures Working off the familiar format I've been posting, note the moves that have already been made: Quote:
My numbers above are not official, but they follow the same logic the Skins have used in the past. Carter and Thomas shaved nearly $6 million between them. Cooley shaved $9.2. So we should be down $15.2 million from the $20.4 million we started at. This means we're still in the red by $5.2 million. PCinOZ's numbers would have us at $4.0 million over the cap after the Cooley restructure. So it's fair to say we're right around $4.0 - $5.2 million over the cap right now. And you'll note there are plenty of moves listed above that don't have the word "EXECUTED" next to them, which means there are still plenty of ways to bring the cap number down. We're good to go.
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02-14-2008, 05:47 PM
| #14 (permalink) | |
| Jason Campbell Fan Join Date: Apr 2005 Location: South Carolina
Posts: 1,106
| Re: Cooley Restructures Quote:
These aren't pay cuts (as they tried to get Springs to take last year) these are restructures and fancy accounting. Not saying its a bad thing, let's just not get too carried away about what the "volumes" it speaks about the players.
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