Jetfan13 Posted February 15, 2006 Share Posted February 15, 2006 if Ty Law is cut? Link to comment Share on other sites More sharing options...
Jets2878 Posted February 15, 2006 Share Posted February 15, 2006 My guess is $3 Million Law, Tajuan View Stats at Players Inc Site Player Info Draft Info CB (#24) Year: 1995 New York Jets Round: 1 Sharon, MA Position: 23 Salary History 2005 2500000.00 2006 3000000.00 2007 4000000.00 2008 6000000.00 2009 6000000.00 2010 6000000.00 2011 6000000.00 but he's due $12 million roster bonus so I don't know how that figures into the cap hit. I think the projected $28 million over the cap includes his $12 roster bonus Link to comment Share on other sites More sharing options...
mudcat21 Posted February 15, 2006 Share Posted February 15, 2006 I don't think there is any cap hit if they cut Law. I don't think he got a signing bonus last year. He did hit some incentives last year and I don't know if they carry over to the cap this year or were counted against last years cap. His $11M (roster?) bonus this year comes off the cap if we cut him. Link to comment Share on other sites More sharing options...
Jets2878 Posted February 15, 2006 Share Posted February 15, 2006 I don't think there is any cap hit if they cut Law. I don't think he got a signing bonus last year. He did hit some incentives last year and I don't know if they carry over to the cap this year or were counted against last years cap. His $11M (roster?) bonus this year comes off the cap if we cut him. I think you're right. I was way wrong Link to comment Share on other sites More sharing options...
PF4JETS Posted February 15, 2006 Share Posted February 15, 2006 So I'm gathering that we are in cap hell, correct? I STILL can't grasp how that damn thing works! One of my loud mouthed Redskins buddies says they have a cap problem this year also? (I hope so) Link to comment Share on other sites More sharing options...
Scott Dierking Posted February 15, 2006 Share Posted February 15, 2006 If I recall correctly, during the middle of last season, the Jets restructured Law's contract so that any bonuses that were pro-rated during the course of the contract were escalated to count on last year's cap. They had room to do that. My belief is that cutting Law now does nothing to the detriment of the cap and it relieves 12 million to that reported 30 mill figure. Bottom line-The Jets knew they would likely Law after the season, and prepared so that it would not have a cap consequence Link to comment Share on other sites More sharing options...
Jetfan13 Posted February 15, 2006 Author Share Posted February 15, 2006 If I recall correctly, during the middle of last season, the Jets restructured Law's contract so that any bonuses that were pro-rated during the course of the contract were escalated to count on last year's cap. They had room to do that. My belief is that cutting Law now does nothing to the detriment of the cap and it relieves 12 million to that reported 30 mill figure. Bottom line-The Jets knew they would likely Law after the season, and prepared so that it would not have a cap consequence Thanx SD, that is good news...LET HIM GO!!!!!!!!!! Link to comment Share on other sites More sharing options...
aec4 Posted February 15, 2006 Share Posted February 15, 2006 if Ty Law is cut? 2.4M, since the Jets restructured Ty last year when it was obvious he hit the playing incentives to make his 3M salary in 2006 guaranteed, to give him the 3M in 2005. That means the 3M could stretch 5 seasons instead of 4, and also it meant 1/5th of it counted against the Jets in 2005. This means 2.4M is remaining. Note: They end up saving $, because all reports say something like 6M cap hit if he was on the squad. Link to comment Share on other sites More sharing options...
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