Bears restructure Peppers' contract again

Discussion in 'Chicago Bears' started by JustAnotherBearsFan99, Sep 4, 2013.

  1. JustAnotherBearsFan99

    JustAnotherBearsFan99
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    "In 2015, Peppers’ base salary is $16.5 million and this move pushes his salary cap for that season to $20,683,335."

     
  2. a_miljan

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    good move!
     
  3. JustAnotherBearsFan99

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    I've never understood the cap moves. So I need one of you "smart people" to help me here. Can we just walk away from the contract in 2015 or are we struck with a $20-million dollar cap hit that year? Or is it a percentage hit? Can you just cut him then?

    I love Pep, but a cap hit of $20-mil would be crippling for a 36 year old lineman. I don't see how we could ever pay that.
     
  4. mdbearz

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    Surprised Pep will go along with this, there is now way he will be worth 20 mil in 2015.
     
  5. The Benjamin

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    I have a feeling he gets cut before then
     
  6. JustAnotherBearsFan99

    JustAnotherBearsFan99
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    Maybe Emery will pay him in Monopoly money :-)

    [​IMG]
     
  7. a_miljan

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    or maybe a suitcase of this[​IMG]
     
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  8. The Benjamin

    The Benjamin
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    Bears are only on the hook for the 16+ I believe if (WHEN) he gets cut before the 15 year
     
  9. GermansbombedPH

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    Ok... what will his Cap Hit be if we cut him after this season?
     
  10. Bearstuff

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    Great question JABF!

    Essentially, what this does is 2 fold. First, this increases the likelihood that Pep will be cut in one of the next two years. Second, if that happens, our cap hit for him will be the guaranteed portion of the remaining contract ($8,366,668) instead of $18M or $20M.

    So this is a "fram oil filter" move. We will pay more later either way. That payment will come via $8M in dead cap space or huge "live" cap cost.
     
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