The 2020 CBA expanded on the VSB and created a second veteran benefit known as the 4-year Qualifying Player benefit. This benefit is only available to players who have been under contract with the team (and never released) for the immediately prior 4 or more seasons. Under this rule, the team can designate a player (or a combination of two players) to be signed and receive the benefit and reduce his (or their) base salary for Cap purposes by up to $1.25M (combined if it’s two players). This rule also limits the player’s signing bonus to $137,500 and the player’s base salary cannot be more than $1.25M over the applicable minimum salary for the player’s sevice time.
For example: The team could sign a player to a contract with a base salary of $2.325M (base salary of $1.075M + $1.25M) and a signing bonus of $137,500. The total money earned by the player would be $2,462,500, but the deal would only count $1,212,500 on the team’s Cap.
Originally Posted by Wilson8:
The 2020 CBA expanded on the VSB and created a second veteran benefit known as the 4-year Qualifying Player benefit. This benefit is only available to players who have been under contract with the team (and never released) for the immediately prior 4 or more seasons. Under this rule, the team can designate a player (or a combination of two players) to be signed and receive the benefit and reduce his (or their) base salary for Cap purposes by up to $1.25M (combined if it’s two players). This rule also limits the player’s signing bonus to $137,500 and the player’s base salary cannot be more than $1.25M over the applicable minimum salary for the player’s sevice time.
For example: The team could sign a player to a contract with a base salary of $2.325M (base salary of $1.075M + $1.25M) and a signing bonus of $137,500. The total money earned by the player would be $2,462,500, but the deal would only count $1,212,500 on the team’s Cap.
You guys see Watson's base salary in 2022 is $1 million? So any suspension the league imposes will not affect his fully guaranteed mega deal. Lol, that's flat out dirty. I do have to tip my hat to the cleverness of that deal though. Watson has a great agent representing him. [Reply]
Originally Posted by ThyKingdomCome15:
You guys see Watson's base salary in 2022 is $1 million? So any suspension the league imposes will not affect his fully guaranteed mega deal. Lol, that's flat out dirty. I do have to tip my hat to the cleverness of that deal though. Watson has a great agent representing him.
That’s how most smart teams operate.
Minimize the initial cap hit to try to have at least a resemblance of flexibility. Signing bonus in lieu of base salary in year one is very common. We do it in every contract. [Reply]
I can tell you’ve never actually watched the guy play, because he wins in multiple ways.
Also, I was talking specifically about your take that it would’ve been stupid taking him in the 1st before his injury.
I have no problem with people that disagree and think it’s too risky now, but that take was just awful.
My opinion comes from my Michigan fan friends.
Most recent: "My hot take as a Michigan fan is that Ojabo had bust written all over him, even before the injury.
He played one season and did so opposite a guy who was so dominant that he could've won the Heisman. It reminds me of the defensive linemen who play next to Aaron Donald, rack up mostly clean-up sacks, and then get exposed as nothing special once they've signed a big contract somewhere else."
but I admit you're absolutely right that I don't watch much college football I'm just regurgitating. [Reply]
