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Turbo
03-14-2013, 12:01 AM
Question for some of you that are good at crunching the numbers...

Suppose we sign Cruz to a longer term contract, be that now or during the season. Suppose it looks something like 5 years, $30 million. Do we have to have $6 million in cap space this year to handle that? Even if it is guaranteed money that we can spread out there will still be a base salary. How would we work this?

slipknottin
03-14-2013, 12:03 AM
Of course. You just put a lot of it in a signing bonus. Or give him a roster bonus next year.

Can guarantee whatever they want. All his year two money, the roster bonus, whatever

christophermstclair
03-14-2013, 12:34 AM
Ill use Beatty's deal as an example: his cap hit this year is something like 2.5 million. This is because you take the signing bonus and divide it by the number of years in the deal to determine its cap hit, and then the Giants and Victor Cruz can assign whatever they want to be the base pay which is the only other number that goes towards this year's cap.

This is called "back loading" a contract and is common place in the NFL. The giants can pay Cruz a very low base salary this year and then a significantly higher base pay later on to reduce his initial cap hit

gmenfan0488
03-14-2013, 12:41 AM
we have 1.5 million in cap space, so signing cruz is impossible. He's gone.

TheShouldersOf
03-14-2013, 01:55 AM
anyone have a rough estimate of how much Cap space the giants would require to sign Cruz to lets say an 8 million a year deal?

fizzlesticks
03-14-2013, 01:56 AM
we have 1.5 million in cap space, so signing cruz is impossible. He's gone.

ATM Cruz is tendered and already factored into our cap.