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> Refresher on voidable years in contracts and how they help, Used it when signed Foles last year, saved us 900K in cap
nephillymike
post Mar 4 2018, 07:48 PM
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Super Bowl Champs Baybee !!


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https://overthecap.com/the-voidable-year-and-the-salary-cap/

http://www.spotrac.com/nfl/philadelphia-ea...ick-foles-9898/

By using this, we were able to take Foles signing bonus of 3M over 5 yrs, or 600K per year.

When his contract voids after next year's SUper Bowl, we take a hit of 1.8M for the unamortized bonus.

If we took his signing bonus over the 2 "real years" of his deal, we would to have had to take 1.5M of his SB in each year, an extra annual cap charge in these two years of 900K.

I bring this up because the Eagles may need to do some of this fringe cap management technique to keep the folks in green.


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