According to two NFL sources who saw the terms of the restructuring, the move, disclosed Thursday. involved reducing Manning’s base salary from $10.75 million to $1.75 million. The remaining $9 million was converted to a guarantee — either in the form of an upfront bonus, or simply a guaranteed portion of his salary. That allowed the Giants to spread the cap hit from that $9 million over the final four years of his current deal.
That in turn reduced Manning’s cap number from $16.35 million to just $9.6 million this season, although it does increase his number by $2.25 million in each of the ensuing three years.
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So essentially he got a check for $9MM when they redid the contract. But he would have gotten that money over time anyway.
Unless he got cut.
From the giants perspective they shaved 9 mil that season but added 9 mil in dead money in future years.
Obviously we all would like both receivers on our team. Salary implications may not allow that. If that is the case Nick would be a no brainer without the injury consideration. Even factoring that in, I believe Nicks is a clear choice because he has shown himself to be dominant on the outside which is where big boy WR play (no knock on Cruz who is a real play maker himself).
Cruz is not a dime a dozen WR. He has an exceptional gift. Yeah, he didnt play as good in 2012 as in 2011, but he still was very solid. He set the Giants all time receiving record 2 years ago. He had a 99 yard catch where He was the reason, jukin defenders silly and making them look ******ed. Nicks is injury prone. He is like Bradshaw IMO. He can not stay on the field. When healthy he is a top 5 WR in the league, but that only is the case for 6-8 games a year. Cruz is reliable.
Here it is. It says that Eli got the $9MM immediately.