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 Post subject: Antonio Brown converts 2018 base salary into signing bonus
PostPosted: Wed Mar 07, 2018 3:05 pm 
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The All-Pro receiver is converting most of his $7.875 million base salary for 2018 into a signing bonus, according to a source. His new salary will be around $915,000. Brown used Snapchat to post a snippet of agent Drew Rosenhaus explaining his reworked contract.

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 3:50 pm 
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jebrick wrote:
The All-Pro receiver is converting most of his $7.875 million base salary for 2018 into a signing bonus, according to a source. His new salary will be around $915,000. Brown used Snapchat to post a snippet of agent Drew Rosenhaus explaining his reworked contract.


Interesting. By my calculation, they already had the money to tag Bell. Could be freeing up money to go after some FA's, but now that extra cap carries over to the next year this just gives you flexibility.

Because my "pull Bell's tag" theory assumes you're able to spend the money on someone else, and to do that they might need the actual physical cap space firts.

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 3:58 pm 
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With the updated numbers from AB, Spotrac now estimates the Steelers have just over $1m in cap space, and that includes Mitchell and Willcox. Cutting them would bring an additional $9 million.

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 3:59 pm 
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The way I see it in Sport-trac, after tagging Bell they had 1M left

From Brown's contract on sportac
Quote:
Mar 7 2018 Converted $6.96M in 2018 salary & a $6M roster bonus to signing bonus, clearing $9.72M in cap space for Pittsburgh

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:15 pm 
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jebrick wrote:
The way I see it in Sport-trac, after tagging Bell they had 1M left

From Brown's contract on sportac
Quote:
Mar 7 2018 Converted $6.96M in 2018 salary & a $6M roster bonus to signing bonus, clearing $9.72M in cap space for Pittsburgh


Right. BUT that also includes Shazier, who is 100% likely to get an exemption.

However, since you don't know when you will actually receive the exemption, you need to create space to go after people. It no longer matters since the cap rolls over every year.

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:31 pm 
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Kodiak wrote:
jebrick wrote:
The way I see it in Sport-trac, after tagging Bell they had 1M left

From Brown's contract on sportac
Quote:
Mar 7 2018 Converted $6.96M in 2018 salary & a $6M roster bonus to signing bonus, clearing $9.72M in cap space for Pittsburgh


Right. BUT that also includes Shazier, who is 100% likely to get an exemption.

However, since you don't know when you will actually receive the exemption, you need to create space to go after people. It no longer matters since the cap rolls over every year.

I thought it was said earlier in the offseason that Shazier's contract would NOT be exempted. Can anyone confirm this?

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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:33 pm 
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smithessmokin wrote:
Kodiak wrote:
jebrick wrote:
The way I see it in Sport-trac, after tagging Bell they had 1M left

From Brown's contract on sportac


Right. BUT that also includes Shazier, who is 100% likely to get an exemption.

However, since you don't know when you will actually receive the exemption, you need to create space to go after people. It no longer matters since the cap rolls over every year.

I thought it was said earlier in the offseason that Shazier's contract would NOT be exempted. Can anyone confirm this?


Everything I've read (which admittedly hasn't been that much) has said an exemption isn't likely, which is exactly what I'd expect out of the NFL.


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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:34 pm 
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Kodiak wrote:
jebrick wrote:
The way I see it in Sport-trac, after tagging Bell they had 1M left

From Brown's contract on sportac
Quote:
Mar 7 2018 Converted $6.96M in 2018 salary & a $6M roster bonus to signing bonus, clearing $9.72M in cap space for Pittsburgh


Right. BUT that also includes Shazier, who is 100% likely to get an exemption.

However, since you don't know when you will actually receive the exemption, you need to create space to go after people. It no longer matters since the cap rolls over every year.

Kodiak, can you supply any example of why Shazier will get an exemption? I was hoping that would be the case, but from what I've mostly read, he will count his full $8.718 million against the cap this year - unless we extend him maybe? Thanks for the help.


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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:42 pm 
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Regardless, they have more restructures to do.
They still have draftees and 2-3mil buffer for each working year.
I'm guessing we go to Villy and Ben next to free some $$$.

Still not enough to do much though.


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 Post subject: Re: Antonio Brown converts 2018 base salary into signing bon
PostPosted: Wed Mar 07, 2018 4:49 pm 
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DP39 wrote:
Kodiak, can you supply any example of why Shazier will get an exemption? I was hoping that would be the case, but from what I've mostly read, he will count his full $8.718 million against the cap this year - unless we extend him maybe? Thanks for the help.


Hugely bad PR for PIT and the league if they don't. With no exemption, they would be forcing PIT to cut or reach an injury settlement.

And Colbert already said Shazier would be place on the exemption list.

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Last edited by Kodiak on Wed Mar 07, 2018 4:54 pm, edited 1 time in total.

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