KazooSkinsFan wrote:1niksder wrote:He wouldn't have been a hit has hard as the one they took when they cut him. The restructure of this year's base alone would have made the hit they took $6M+ lighter
They would simply be moving the bulk of the option money back a year or two for cap purposes and paying two years base salary upfront, the Colts were are hurting for cap space now but will be OK next season and the cap will jump to around $150M in 2015. Releasing Manning after next season as a post June 1st cut would have pushed the remaining pro-rated money left into 2015.
Fair enough on this year. But they blow and they are about to have a rookie QB. Why not get him off the books now? If they don't, the past cap will have to count at some point and if they pay him tens of millions more that will have to hit the cap at some point too. And what are they going to do with Peyton AND Luck sitting on the bench?
That cap hit is what Peyton would have had for leverage had he talked to them... They needed the cap space and he had cash coming that hadn't hit the books yet. Look at all the deals that are being signed. Teams are doing deals that end or blow up in two years. Reworking his deal would have allowed Peyton to get the same time of deal which would have moved the big cap hit to a year that wouldn't hurt the Colts current attempt to reload.
KazooSkinsFan wrote:I made the same point to Deadskins when he wanted to sign Peyton and Griffin, we have to pick one direction not two. And we're better then the Colts. Peyton is win now, Luck is win in 2-3 years. If it's win now, they don't have enough talent and they are about to use the #1 pick not getting better (regarding win now). If it's win later, they are about to spend tens of millions more on a 35 year old QB that will have to hit the cap at some point.
Never could come up with a good reason to come here. IN FACT when this discussion came up and I was asked why Manning should restructure my answer was so ESPN would stop linking him to the Redskins. The attorney started saying I don't no what I'm talking about ( I think he looks in a mirror when typing). Selecting Luck is one thing. Peyton restructuring is another. The Colts took a huge cap hit while trying to rebuild, meaning they'll get Luck and not much more. Peyton would have gotten paid and free up space for moves this year.
KazooSkinsFan wrote:If to your point the Colts wanted to spread out the cap hit, it seems they'd want to sign Peyton to a small contract to spread out the hit. They wouldn't give him the tens of millions he's losing to spread it out when he's 35 and there just aren't that many years to spread.
Look at Josh Morgan deal... 5 years (for cap purposes only) $12M with $7M guaranteed, The seven million will be spread over 5 years but the deal will void in two meaning The take the big cap it in three years while only using $1.4M in space the first two years, generally it would have been a $3.5M cap hit both years.
KazooSkinsFan wrote:I do agree he should have talked to the Colts. Not saying he did or didn't, don't know. But I don't see why the Colts wouldn't say we love you babe, but bye bye. It's the reality of where the Colts are now.
I was simply saying it couldn't hurt for him to talk to them, but then the man in the mirror popped in with his google machine and Condon's bio. The Colts were going to say bye bye anyway... they could have been better off waiting a year or two.