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Old 02-15-2008, 11:02 AM   #9
JoeRedskin
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Join Date: Mar 2004
Location: Second Star On The Right
Age: 62
Posts: 10,401
Re: Cooley Restructures

Quote:
Originally Posted by Ruhskins View Post
Changing his contract to get under the cap so the team can get more players. I know it's no sacrifice or anything like that, but not all players do it.
Quote:
Originally Posted by Buster View Post
Exactly. I don't understand why it's so hard to figure out.

He's helping the team out, not just himself.
Actually, it was probably written into the contract that it could be converted at the team's option. It's just one way that the Skins massage the cap. As a roster bonus, it's a one time hit and, if the team wants to absorb it in the bonus year, it stays a roster bonus. On the other hand, if the team wants to increase flexibility under the cap, they can (again - at their option) turn it into a signing bonus and spread it over the remaining course of the contract.

Not saying Cooley's not a good guy, just saying he probably had no say in it. In fact, he may even have pumped the club for money when originally signed. "Fine - you want to make it a optional signing/roster bonus next year rather than more up front money today (when he originally signed the contract), that's fine but it's gonna cost you an extra million next year."

Again, not saying that he did, just suggesting that, perhaps, he had a financial benefit from writing his contract a certain way. Win-Win's are how contracts get done.
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