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Post by Rams GM (Frank) on Oct 24, 2016 14:20:11 GMT -5
We had a problem last year with this rule, quite simply we never stated in this rule how many times the same contract could be restructured. Here's the rule:
Contract Restructure
One contract restructure per year of a max of 2M per contract for contracts 8M and over in any given year and 1M for contracts 4M and over in any given year, plus a 50% cap hit for any restructured contract. You can move this money any way you want, you can back load to clear up cap space for current year, or you can front load to clear up space for future years.
For example:
Original Contract:Darrelle Revis (CB-TB) 16/16/16/16/16/UFA
After Restructure:Darrelle Revis 14/16/16/16/18/UFA
The Bills cleared 2M in cap space by reorganizing 2M from the current year and placing it on the last year of the contract.
But remember, if you use a contract restructure, you will now be on the hook for 50% of the contract instead of the standard 30%.
When I came up wit the rule, it was intended to be used one time for any current contract in the books, but it was never stated in the rules. We need to clean this up to rid of any confusion. Quite simply, a contract restructure can only happen one time on any given current contract. If a player is waived or bought out, thus having a new league contract, of course he would be eligible once again for a contract restructure.
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