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If HowLo is such an expert at contracts and cap management

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  • If HowLo is such an expert at contracts and cap management

    Why is it less expensive to keep Riley Cooper around then it is to shitcan him?

    Say what you will about JoeLo, he never wrote a contract where dead money was a disincentive to shitcanning a guy.
    Last edited by RSE; 01-13-2015, 04:21 PM.

  • #2
    Poison pill contract to keep Cooper around.
    Blue Chip College Football - Coach Your College to the National Championship

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    • #3
      Because Cooper is Roseman's boy? Thought this was common knowledge.

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      • #4
        Riley "He Blocks So Well" Cooper is now blocking himself from being cut.

        Good for him, he deserves it after he was so vilified by the liberal media.

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        • #5
          Originally posted by RSE View Post
          Why is it less expensive to keep Riley Cooper around then it is to shitcan him?

          Say what you will about JoeLo, he never wrote a contract where dead money was a disincentive to shitcanning a guy.
          because its the 2nd year of a 5 year contract, and it almost never comes up unless its a really bad contract. With KKKooper, at least he's not super expensive.

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          • #6
            according to Salary Nerds:

            Keep him: $4.8M against cap
            Cut him (pre-June 1st): $6.2M against cap in 2015 (+ you have to pay another player)
            Cut him (post-June 1st): $3.8M against cap in 2015 (+ you have to pay another player) AND he counts $2.4M against cap in 2016.
            So, even doing a post-June 1st cut doesn't really help much. You save $1M, but you'd probably spend most of that just replacing him on the roster.
            WANGNUTIAN. (pronounced wang-nooshan, martian)

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            • #7
              Originally posted by Diggle View Post
              according to Salary Nerds:

              Keep him: $4.8M against cap
              Cut him (pre-June 1st): $6.2M against cap in 2015 (+ you have to pay another player)
              Cut him (post-June 1st): $3.8M against cap in 2015 (+ you have to pay another player) AND he counts $2.4M against cap in 2016.
              So, even doing a post-June 1st cut doesn't really help much. You save $1M, but you'd probably spend most of that just replacing him on the roster.
              Great work, HowLo.
              --------
              "We choose to go to the moon."

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              • #8
                It cost less to cut TO in the second year of his contract than to keep him. You must not be familiar with how Joe Banner operated. Lowball Joe never amortized signing bonuses over the life of the contract. He took the whole hit in year one. After that, he wants to cut a guy, no dead money. That's why the players hated him.

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                • #9
                  I'd argue that 1¢ is expensive when it comes to his production.

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                  • #10
                    JoeB is giggling and clapping his hands like a little school girl
                    John Erlichman, one of President Richard Nixon's closest aides, has admitted America's "War on Drugs" was a hoax designed to vilify and disrupt "the antiwar left and black people" when it was launched in 1971.

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                    • #11
                      The shrewdness eventually caught up with Lowball.

                      Oh hell, let's be honest here! We did like it! He ran a tight ship!

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                      • #12
                        DigLo

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                        • #13
                          Banner often put roster bonuses in contracts in the first year with smaller signing bonuses, that way the hit would be smaller if they cut anyone in their 2nd year. For instance, TO got a 10M roster bonus, 750K salary, and something like a 2.8M signing bonus over 7 years.

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