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17 | Eagles_News_Bot | 192 | Today, 10:57 AM Last post by: Eagles_News_Bot | ![]() |
TGryn LTBE loophole: everybody's doin' it... Feb 22 2008, 08:32 AM
TGryn OK, Adam added more info, Eagles did use LTBE last... Feb 22 2008, 09:09 AM
mprincz QUOTE(TGryn @ Feb 22 2008, 09:09 AM) OK, ... Feb 22 2008, 03:53 PM
nephillymike I had the Reno thing a while ago.
http://www.wing... Feb 22 2008, 09:17 PM
Reality Fan QUOTE(nephillymike @ Feb 22 2008, 09:17 P... Feb 22 2008, 11:52 PM
nephillymike Thanks for the thought RF! Feb 23 2008, 08:55 AM
D Rock If a man walks across the street, with a canoe on ... Feb 23 2008, 11:52 PM
Pila QUOTE(D Rock @ Feb 24 2008, 05:52 AM) If ... Feb 24 2008, 02:04 PM
mprincz QUOTE(D Rock @ Feb 23 2008, 11:52 PM) If ... Feb 24 2008, 02:48 PM
Feb 22 2008, 08:32 AM
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#1
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![]() Hall of Famer Group: Members Posts: 2770 Joined: 23-April 04 From: Southern MD |
from AdamJT13 over at KFFL...interestingly, the Eagles are *not* listed as having used this technique last year, I think've they used this move to shift cap room every year before then (with LTBE incentives given to Mahe and Considine in most recent years). It's possible that Adam's list isn't complete, but usually his sources on these things are pretty good.
http://www.kffl.com/forums/showthread.php?t=224567 QUOTE There were 17 teams that pushed unused cap room from 2007 into 2008 by renegotiating contracts late in the season to exploit the incentive loophole (any incentive added after the start of the regular season automatically is considered LTBE, is charged against the cap that season, then gets credited back the following season if it's not earned). Most of these -- probably all of them, in fact -- are completely bogus, unreachable incentives designed only to push cap room forward.
Here are the teams, the players and the amounts -- Kansas City -- Keyaron Fox, $10 million Seattle -- Pork Chop Womack, $7.4 million Jacksonville -- Shantee Orr, $6.5 million Tennessee -- Ben Hartsock, $6 million New Orleans -- Josh Cooper, $4,713,900 New York Jets -- Abram Elam, $4.7 million Atlanta Falcons -- Dwayne Blakley, $4 million Dallas -- Tony Curtis $3.5 million Green Bay -- Craig Nall, $3.265 million; Donald Lee, $1.7 million Baltimore -- Matt Katula, $2.6 million Washington -- Randall Godfrey, $1,821,260 Minnesota -- Heath Farwell, $803,000 (see below) San Francisco -- Bryan Gilmore, $611,678 Tampa Bay -- Jerramy Stevens, $678,951 The following three teams used players with two years left on their contract. By rule, the LTBE charge was treated as a signing bonus and prorated over each season. The 2008 amounts currently remain prorated against the 2008 cap. St. Louis -- Brock Berlin, $3,174,300 each year New England -- Kyle Eckel, $5,602,500 each year Indianapolis -- Tyjuan Hagler, $4 million each year In addition to using the loophole on Heath Farwell, the Vikings used it several other times prior to that -- on Pat Williams ($12.25 million), Steve Hutchinson ($4.75 million), Bobby Wade ($2.4 million) and Ben Leber ($577,500). Their total for the five players involved is $20,780,500 of cap room pushed forward. |
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Feb 22 2008, 09:09 AM
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#2
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![]() Hall of Famer Group: Members Posts: 2770 Joined: 23-April 04 From: Southern MD |
OK, Adam added more info, Eagles did use LTBE last year, and actually were among the top 5 teams in terms of money being shifted to '08:
http://www.kffl.com/forums/showthread.php?t=224567 QUOTE Edit: Here are the other teams to use the loophole, with the players involved and their amounts. (This should be just about every last one. Anyone else would be a very small amount or a somewhat legitimate incentive.)
(snipped) Philadelphia -- Shawn Andrews, $2.125 million; Akeem Jordan, $2.5 million; Tanard Davis $1.6 million; Darren Howard, $1.5 million; Marcus Paschal, $1 million; Brian Dawkins, $800,000 (snipped) Philadelphia -- Reno Mahe, $4 million (snipped) Multi-year contracts -- (snipped) Philadelphia -- Jon Dorenbos $90,833/year over six years (snipped) ---------------------------------------------------------------- Another update: Here are the total amounts for all 23 teams to use the loophole -- Minnesota $20,780,500 Jacksonville $16.5 million Tampa Bay $14,572,039 (plus $606,912) Philadelphia $13,615,833 (plus $90,833) Buffalo $13 million (snipped) |
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Feb 22 2008, 03:53 PM
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#3
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![]() Hall of Famer Group: Members Posts: 2134 Joined: 19-March 05 |
OK, Adam added more info, Eagles did use LTBE last year, and actually were among the top 5 teams in terms of money being shifted to '08: http://www.kffl.com/forums/showthread.php?t=224567 And after the get rid of "The Freak-in bum" and Moe Howard, they will have well over $30 million to spend (if I am reading things correctly). |
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Feb 22 2008, 09:17 PM
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#4
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Token Axis Member Group: Members Posts: 6230 Joined: 23-April 04 |
I had the Reno thing a while ago.
http://www.wingheads.com/index.php?showtop...mp;#entry132951 Interestingly enough, there is a provision in the new CBA that computes money spent for the league and compares it to what the targets were per the CBA. This is done for the purpose of avoiding where teams get away with this phantom spending just by using the haucking loophole. If I'm not mistaken, I think this year is the first year they do a comparison of cap spent vs. real spent and if it falls below the limits, then the bottom so many teams have to kick in real money to the player pool. If I remember correctly, it's only the bottom few that get hit so the Eagles backing off of this tactic could be to avoid such a surcharge. If anyone knows the details, feel free to post it. If I have time this weekend, I'll dig around a bit. |
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Feb 22 2008, 11:52 PM
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#5
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Keeper Of The Truth Group: Members Posts: 3813 Joined: 31-August 05 |
I had the Reno thing a while ago. Funny you should mention that. I was about to throw your name out there as having talked about this weeks ago. You were spot on that one. -------------------- The sooner you agree with me, the sooner you'll be right.
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Feb 23 2008, 08:55 AM
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#6
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Token Axis Member Group: Members Posts: 6230 Joined: 23-April 04 |
Thanks for the thought RF!
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Feb 23 2008, 11:52 PM
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#7
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![]() Resident "Literal Police" Group: Members Posts: 8391 Joined: 23-April 04 |
If a man walks across the street, with a canoe on his head, and the wheels wont turn, how many pancakes can he put in a doghouse?
Answer: 326. Because icecream has no bones. -------------------- I'll Drink to That!!!!!
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Feb 24 2008, 02:04 PM
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#8
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![]() Eusébio Group: Members Posts: 3971 Joined: 28-April 04 |
If a man walks across the street, with a canoe on his head, and the wheels wont turn, how many pancakes can he put in a doghouse? Damn it, I was going to guess that!Answer: 326. Because icecream has no bones. -------------------- [img]http://dreadart67.files.wordpress.com/2008/03/benfica-2008-ii.jpg[/img]
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Feb 24 2008, 02:48 PM
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#9
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![]() Hall of Famer Group: Members Posts: 2134 Joined: 19-March 05 |
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