[CBFF] Long goodbye -- chicagotribune.com

[Phil DeNomme]

No, LT specifically said that the far right column is the cap effect of
being released.

. In the cap space +/- column, GREEN is cap space saved and RED is cap space
lost if the player is released.


-----Original Message-----
From: cbff-bounces at chicagobearsfanforum.com
[mailto:cbff-bounces at chicagobearsfanforum.com] On Behalf Of Tom Shannon
Sent: Friday, January 04, 2008 9:24 AM
To: post at chicagobearsfanforum.com
Subject: Re: [CBFF] Long goodbye -- chicagotribune.com

OK, yeah.

I think you are misreading it.  If the release Griese all of his prorated
signing bonus accelerates into that cap number (9000000 X 3 = 2.7 million).
That's all dead money for a guy who is no longer on the roster.  I have no
clue where that -100000 comes from but I'm going to guess it accounts for
what the Bears will pay him in salary if he stays on the roster (i.e. cap
hit if released - cap hit if he stays).  They would, of course, be paying
that money for a player who was contributing, however, so if that's the case
the number is misleading.

To be fair, if they wait until after June 1, its 900000 this year and 1.8
million next year.  That spreads it out a bit.  Also, he estimated Griese's
bonus as 4.5 million because, as far as I can tell, no one knows what it
really is.  Its believed to be in the 4-5 million range.

Bottomline, I still don't think Griese's going anywhere.  No matter how you
slice it, that's still a lot to pay.

Tom S.

> -----Original Message-----
> From: cbff-bounces at chicagobearsfanforum.com [mailto:cbff-
> bounces at chicagobearsfanforum.com] On Behalf Of Phil DeNomme
> Sent: Friday, January 04, 2008 9:05 AM
> To: post at chicagobearsfanforum.com
> Subject: Re: [CBFF] Long goodbye -- chicagotribune.com
> 
> There are images in the post.
> 
> -----Original Message-----
> From: cbff-bounces at chicagobearsfanforum.com
> [mailto:cbff-bounces at chicagobearsfanforum.com] On Behalf Of Tom Shannon
> Sent: Friday, January 04, 2008 9:00 AM
> To: post at chicagobearsfanforum.com
> Subject: Re: [CBFF] Long goodbye -- chicagotribune.com
> 
> Is there an attachment to this post?  I can't find it.
> 
> Tom S.
> 
> > -----Original Message-----
> > From: cbff-bounces at chicagobearsfanforum.com [mailto:cbff-
> > bounces at chicagobearsfanforum.com] On Behalf Of Phil DeNomme
> > Sent: Friday, January 04, 2008 8:34 AM
> > To: post at chicagobearsfanforum.com
> > Subject: Re: [CBFF] Long goodbye -- chicagotribune.com
> >
> > http://www.cbfans.info/myBB/showthread.php?tid=290890
> >
> > if LT is correct, and he usually is with cap stuff, the cap hit if
> cut
> > for
> > Griese is 100K.
> >
> > hell, if that's the case, screw it and cut his ass and ONLY sign Rex
> if
> > his
> > cap hit for 08 will be at or below what Griese's would have been.
> >
> > -----Original Message-----
> > From: cbff-bounces at chicagobearsfanforum.com
> > [mailto:cbff-bounces at chicagobearsfanforum.com] On Behalf Of Tom
> Shannon
> > Sent: Friday, January 04, 2008 8:31 AM
> > To: post at chicagobearsfanforum.com
> > Subject: Re: [CBFF] Long goodbye -- chicagotribune.com
> >
> > Jim,
> >
> > If I recall correctly (and I may not) Griese got between 4 and 5
> > Million in
> > signing bonus.  Lets call it 4.5.  His first season was 2006 which
> > means he
> > has 3 years left on the deal.
> >
> > 4.5/5 * 3 = 2.7 million cap hit when the remaining bonus is
> accelerated
> > into
> > the cap.  Maybe my facts are wrong?
> >
> > Tom S.
> >
> > > -----Original Message-----
> > > From: cbff-bounces at chicagobearsfanforum.com [mailto:cbff-
> > > bounces at chicagobearsfanforum.com] On Behalf Of Jim Ferolie
> > > Sent: Friday, January 04, 2008 6:47 AM
> > > To: post at chicagobearsfanforum.com
> > > Subject: Re: [CBFF] Long goodbye -- chicagotribune.com
> > >
> > > Uh, minus his salary and roster bonus doesn't leave a whole lot,
> what
> > > $500,000? That is NOT a $2.2 million cap hit.
> > >
> > > ----- Original Message -----
> > > From: "Tom Shannon" <tshanno at gmail.com>
> > > >
> > > >
> > > >> You don't think that if they re-sign Grossman that Griese will
> be
> > > cut
> > > >> or traded? (the latter obviously wouldn't yield much more than a
> > > late
> > > >> rounder, but the point would be getting him off the roster)
> > > >
> > > > They'd take a $2.2 million dollar cap hit.  I don't think a
> neutral
> > > > observer
> > > > would choose Grossman + $2 million over him.
> > > >
> > > > Tom S.
> > >
> > >
> > > _______________________________________________
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> 
> 
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