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By SteelCityColt · Posted
I feel like it's hard on the outside to get an idea of the internal dynamics when it comes to lower down the coaching hierarchy. You've seen some head coaches come from some pretty 'lowly' positions. -
Probably. Just wondering if there is anyone within that may have potential
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That last part is exactly true. And stinks heavily of the old “equal but separated” days.
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It would be to save cap space in 2021 with the cap dropping. When you convert the base salary to essentially a signing bonus it gives cap relief for that upcoming season, but spreads it over the rest of contract, up to 5 years. So an example: Ryan Kelly: Has a base of $10m next season and 4 years left of deal. The base can only drop to vet minimum. We will use $1m for this example, so: Ryan Kelly current contract: 2021 - $10m base, $4.65m roster bonus(which is guaranteed next year) = $14.65m cap hit. 2022 - $7.5m base, = $7.5m cap hit 2023 - $9.125m base, $1m roster bonus(not guaranteed) = $10.125m cap hit 2024 - $11.375m base, $1m roster bonus(not guaranteed) = $12.375m cap hit. So right now, Kelly has no guaranteed money after 2021. Ryan Kelly restructured contract: 2021 - $1m base, $4.65m roster bonus, $2.25m signing bonus = $7.9m cap hit( cap savings of $6.75m in 2021) 2022 - $7.5m base, $2.25m signing bonus = $9.75m cap hit 2023 - $9.125m base, , $1m roster bonus, $2.25m signing bonus = $12.375m cap hit 2024 - $11.375m base, $1m roster bonus, $2.25m signing bonus = $14.625m cap hit. This would give Kelly 6.75m guaranteed money(maybe more if we guarantee some of 2022 base, which probably would need to) after 2021 and the Colts an additional $6.75m in cap space to use this year. He would receive a $9m check when he restructures but for cap purposes it would be spread over those 4 years. If the team wanted they could even guarantee a partial amount of 2022 base as incentive for making the deal.
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By SteelCityColt · Posted
It would wager you're more likely to see an outside hire as Reich hasn't been given the chance to pick 'his' guy yet.
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