kirwan lays em straight
Posted: Fri Mar 05, 2004 6:46 pm
http://www.nfl.com/news/story/7145139
finally. a reporter that thinks before he speaks.
Let's just look at Portis for instance as it compares to Bailey, who was traded to get Portis. As I said, Bailey was on the cap ledger for a $6.8 million tender. He moves on, and Portis, who signed an eight-year deal for $50 million -- got an $18 million bonus. Divide the number of years (eight) into the signing bonus ($18 million) to calculate the cap charge for the bonus each year ($2.25 million) and add it to the salary that could be as low as $380,000 because Portis only has two credited seasons. Now his cap charge is $2.63 million, which is $4.2 million less than Bailey was on the books for.
finally. a reporter that thinks before he speaks.
