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View Full Version : Steelers restructured Ben Roethlisberger's contract, saving $8 million in cap space.



Eli TO Shockey
02-23-2012, 07:09 PM
the Steelers are in a similar position as the giants. They were also well over the cap. Huge move for them. Maybe eli would be willing to do the same. Being that Eli is a team first kind of guy, I wouldnt be surprised if he did something similar.

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<h6 class="uiStreamMessage uiStreamHeadline"><div class="actorDescription actorName" data-ft="{&quot;type&quot;:2}">Adam Schefter (http://www.facebook.com/AdamSchefter)</div></h6><h6 class="uiStreamMessage" data-ft="{&quot;type&quot;:1}"> <span class="messageBody" data-ft="{&quot;type&quot;:3}">Steelers restructured Ben Roethlisberger's contract, saving $8 million in cap space.</span></h6>

foosball
02-23-2012, 07:09 PM
There are others who need to do it more.

Eli TO Shockey
02-23-2012, 07:12 PM
There are others who need to do it more.


Eli has the biggest contract. Biggest 2012 salary. His restructing will make the biggest dent on our cap number. Which may possibly save some other salary cap casualties (Canty, Jacobs, etc..).

foosball
02-23-2012, 07:21 PM
There are others who need to do it more.


Eli has the biggest contract. Biggest 2012 salary. His restructing will make the biggest dent on our cap number. Which may possibly save some other salary cap casualties (Canty, Jacobs, etc..).


Eli should have the biggest contract, he should make the most money. Guys like Chris Canty and BJ are the types of guys who will need to take a pay cut, not Eli.

Eli TO Shockey
02-23-2012, 07:24 PM
There are others who need to do it more.


Eli has the biggest contract. Biggest 2012 salary. His restructing will make the biggest dent on our cap number. Which may possibly save some other salary cap casualties (Canty, Jacobs, etc..).


Eli should have the biggest contract, he should make the most money. Guys like Chris Canty and BJ are the types of guys who will need to take a pay cut, not Eli.


restructuring your contract doesn't always mean your taking a pay cut. theres no chance in hell big ben is making 8mil less on his contact. It's a way to use the signing bonus in your advantage if your a GM.

foosball
02-23-2012, 07:27 PM
There are others who need to do it more.


Eli has the biggest contract. Biggest 2012 salary. His restructing will make the biggest dent on our cap number. Which may possibly save some other salary cap casualties (Canty, Jacobs, etc..).


Eli should have the biggest contract, he should make the most money. Guys like Chris Canty and BJ are the types of guys who will need to take a pay cut, not Eli.


restructuring your contract doesn't always mean your taking a pay cut. theres no chance in hell big ben is making 8mil less on his contact. It's a way to use the signing bonus in your advantage if your a GM.


It's either going to count towards this year or another year, either way it's going to count eventually, go look at the Giants cap numbers/hits for this coming year than come back and tell me with a straight face that Eli is the one that needs to take a pay cut. Yes he is the highest paid, but the team has some pretty average players making 6-9 million next year. The difference can and should be made up in other areas.

Harooni
02-23-2012, 07:36 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.

bansaw
02-23-2012, 07:42 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back

Eli TO Shockey
02-23-2012, 07:46 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.

lol. cmon rooni. so you're trying to say the Ben, as a rookie, took less money to help his team? this never happened. Ben got a FAT contract, as did Eli

Eli TO Shockey
02-23-2012, 07:48 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back


I dont agree


ben is a top 10 QB in the nfl with 2 SB rings. Even though he has had a few issues off the field, i dont see them as career threatening. Unless he falls off his bike again.

Harooni
02-23-2012, 07:48 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.

lol. cmon rooni. so you're trying to say the Ben, as a rookie, took less money to help his team? this never happened. Ben got a FAT contract, as did Eli
I think you are forgetting elis 50mil rookie contract. I didn't say Ben took less money. I said he didn't complain about it.

gmen0820
02-23-2012, 07:51 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back
The window is closing on Big Ben?

Eli TO Shockey
02-23-2012, 07:51 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.

lol. cmon rooni. so you're trying to say the Ben, as a rookie, took less money to help his team? this never happened. Ben got a FAT contract, as did Eli
I think you are forgetting elis 50mil rookie contract. I didn't say Ben took less money. I said he didn't complain about it.

And eli complained about his? this makes no sense. Has a rookie ever complained about a contract?

Harooni
02-23-2012, 07:54 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.

lol. cmon rooni. so you're trying to say the Ben, as a rookie, took less money to help his team? this never happened. Ben got a FAT contract, as did Eli
I think you are forgetting elis 50mil rookie contract. I didn't say Ben took less money. I said he didn't complain about it.

And eli complained about his? this makes no sense.* Has a rookie ever complained about a contract?
what? I didn't say or imply that. I'm saying Ben could have held out after going to aft champ game. But was patient. And 100mill 10 years is still only 10mil per. Nice chunk but look at salaries now.

bansaw
02-23-2012, 07:59 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back


I dont agree


ben is a top 10 QB in the nfl with 2 SB rings. Even though he has had a few issues off the field, i dont see them as career threatening. Unless he falls off his bike again.
just injured every year, takes its toll.

fletch842
02-23-2012, 07:59 PM
Big Ben is that sort of guy. He was making 900k as a rookie when Eli was making 9 mil per.He never complained or held out.
According to wikipedia, he signed a 6 year 22 mil contract as a rookie. If he only took 900K that first year, he made a boatload in the next few:

On August 4, 2004, he signed a six-year contract worth $22.26 million in salaries and bonuses, with an additional $17.73 million available via incentives. He was touted by then-Steelers coach Bill Cowher in a press conference as a franchise quarterback.[15]
On March 4, 2008, the Pittsburgh Steelers and Roethlisberger agreed to an eight-year, $102 million contract.[16] Roethlisberger had two years left on his original that he signed after the draft. He has stated that he wants to retire as a Steeler.

bansaw
02-23-2012, 08:00 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back
The window is closing on Big Ben?every year

gmen0820
02-23-2012, 08:08 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back
The window is closing on Big Ben?every year
Groundbreaking

Harooni
02-23-2012, 08:12 PM
I dont think Ben is in the league much longer anyways, its like a retirement egg pushing his money back
The window is closing on Big Ben?every year
Groundbreaking lol

bansaw
02-23-2012, 08:17 PM
120 more sacks than Eli in 6 less games

he's getting old fast

pica01
02-23-2012, 08:32 PM
There is no doubt that Eli,at some point will restructure and it's not about being a team guy.He won't get hurt financially.For instance,if the Giants restructured Eli's 15 mil next year into a 13 mil signing bonus and 2 mil base,we would free up probably 10-11 mil in cap space.The 13 mil bonus would be spread out cap wise over the remaining years.Don't confuse a forced restructure like Jacobs for less money he'll never recoup with a voluntary move like Roethlisberger.Longterm,Ben probably benefits financially.It's basically an accounting paperwork change to free up cap space.Like what the Jet's did today with Debrick F.It's not whether Eli does it.It's when.This yr?Next?Eli is our cap security blanket.I doubt we'll use it now to keep a Manningham.But the time will come when we don't have cap space for a JPP,Cruz or Nicks.It's the one bullet in Reese's cap gun.When he shoots it,he can't miss.I don't think he'll fire now.

poppa smurph
02-23-2012, 08:41 PM
120 more sacks than Eli in 6 less games

he's getting old fast

wow, that's crazy...
I just told that stat to my wife, she says, " Good ", lol.

pica01
02-23-2012, 08:51 PM
Again we meet Bansaw.And again you really don't know what you're talking about.When someone like Roethlisberger restructures he not only doesn't put off money to the future,he get's it earlier.For instance,say Ben was due a base of 12 mil this year.The Steelers could restructure that into a 10 mil signing bonus spread out cap wise over the remaining contract and a 2 mil base this year.Thereby freeing cap space this year and moving the 10 mil to future years on the cap.Ben get's the money now.Before the season starts.And Ben won't be in the league much longer?I don't even know where to start with that one.What's that old phrase,I can keep my mouth shut and be called stupid or open it and prove it.

pica01
02-23-2012, 08:56 PM
I'll give you this Bansaw.With the post,"he's getting old fast" you move into Yogi "it gets late early around here" territory.And I love Yogi.He was always good for a smile.You?Not so much.

poppa smurph
02-23-2012, 09:02 PM
^ lol, I think I'll call you brainy.

bandwgn86
02-23-2012, 09:04 PM
^ lol, I think I'll call you brainy.i'm guessin Ban will have another name for him..</P>


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bansaw
02-23-2012, 09:16 PM
^ lol, I think I'll call you brainy.i'm guessin Ban will have another name for him..</p>


</p>


popcornready.gif</p>haha this clown

just ignore him he'll be back arguing the Bradshaw TD in no time

bansaw
02-23-2012, 09:17 PM
he got butthurt me more or less calling him a moron in another thread

I got me a fan

bansaw
02-23-2012, 09:18 PM
120 more sacks than Eli in 6 less games

he's getting old fast

wow, that's crazy...
I just told that stat to my wife, she says, " Good ", lol.it is crazy

TrueBlue@NYC
02-28-2012, 06:14 PM
They should restructure Eli this year, then extend his contract next year. I think he's already going into the 5th year of his deal anyway and we know he aint going anywhere. </P>

FiremanBob
02-28-2012, 06:36 PM
They should restructure the Top 10 earners on the Giants payroll and it would save a lot of grief. Check out each player and tell me who shoudn't restructure?

Player Pos. Base Salary Signing Bonus Other Bonus Cap Figure
Eli Manning QB 10,750,000 1,857,142 2,583,333 15,190,475
Antrel Rolle S 6,750,000 1,000,000 1,350,000 9,100,000
Justin Tuck DE 3,700,000 1,800,000 2,500,000 8,000,000
Chris Snee G 5,200,000 2,250,000 333,333 7,783,333
Chris Canty DE 6,000,000 1,416,667 250,000 7,666,667
Brandon Jacobs RB 4,400,000 1,962,500 500,000 6,862,500
Corey Webster CB 6,500,000 - 250,000 6,750,000
Michael Boley LB 4,000,000 1,400,000 250,000 5,650,000
Mathias Kiwanuka LB 4,000,000 1,000,000 550,000 5,550,000
David Baas G 3,000,000 1,700,000 250,000 4,950,000

NYGRealityCheck
02-28-2012, 09:40 PM
They should restructure the Top 10 earners on the Giants payroll and it would save a lot of grief. Check out each player and tell me who shoudn't restructure?

Player Pos. Base Salary Signing Bonus Other Bonus Cap Figure
Eli Manning QB 10,750,000 1,857,142 2,583,333 15,190,475
Antrel Rolle S 6,750,000 1,000,000 1,350,000 9,100,000
Justin Tuck DE 3,700,000 1,800,000 2,500,000 8,000,000
Chris Snee G 5,200,000 2,250,000 333,333 7,783,333
Chris Canty DE 6,000,000 1,416,667 250,000 7,666,667
Brandon Jacobs RB 4,400,000 1,962,500 500,000 6,862,500
Corey Webster CB 6,500,000 - 250,000 6,750,000
Michael Boley LB 4,000,000 1,400,000 250,000 5,650,000
Mathias Kiwanuka LB 4,000,000 1,000,000 550,000 5,550,000
David Baas G 3,000,000 1,700,000 250,000 4,950,000

As you can see, most of those players already have decent to big signing bonuses of $1+ mil per year, which will only get worse for future years down the road with restructing.

For general knowledge for everyone, restructing contracts is not a paycut. It is simply diverting some to all of the current year's base salary into a signing bonus that is equally spread out for the remaining years of the contract. Any NFL player would gladly restructure his contract as more of his current year's base salary is converted to guaranteed money in the form of a signing bonus.

Let's examine Big Ben's restructured contract.

http://www.spotrac.com/nfl/pittsburgh-steelers/ben-roethilsberger/

Here's where you have an example of a signing bonus on top of a signing bonus. Steeler will be paying him around $20 mil per year for 2013, 2014, and 2015 with almost $8 million per year of it in signing bonus. Good luck to the Steelers with the team salary caps for those years.

This pretty much means the Steelers will most likely not be able to financially cut or trade Big Ben for the rest of his contract years. The Steelers will also be praying that Big Ben doesn't suffer a career-ending injury or retire before his contract years are up. That would suck for them.