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Brackens
Posted: Tue Jun 01, 2004 12:12 pm
by RagingRigginz
The Jacksonville Jaguars leading sacker is going to get a second chance to add to his team record.
Defensive end Tony Brackens on Tuesday morning re-signed with the team, agreeing to a one-year contract less than three months after being released because of salary cap considerations.
Financial details were not immediately available, but the contract is believed to have a modest value yet still provide Brackens the opportunity to increase its worth through performance incentives.
http://sports.espn.go.com/nfl/columns/s ... id=1813586
Posted: Sat Jun 05, 2004 8:35 am
by 1niksder
This really makes no sence at all...
Jaguars | Brackens' Savings No Longer a Savings - from
www.KFFL.comFri, 4 Jun 2004 19:54:32 -0700
ESPN.com's Len Pasquarelli reports the Jacksonville Jaguars release of DE Tony Brackens earlier this year gave them a $7.051 million hit of "dead money" on their salary cap this season and saved the team about $2.2 million. However, they lost virtually all of that by re-signing Brackens to a one-year deal, as his new cap charge is $2.029 million. So, even though he's still on roster at a much cheaper price than his original $9.261 million cap hit, he still counts $9.08 million against the cap, with the majority coming in the form of "dead money". He's also set to receive $398,438 in a roster bonus, a $5,600 workout bonus and there are $300,000 in likely earned incentives.
Posted: Sat Jun 05, 2004 2:37 pm
by Redskins Rule
That has got to be the stupidest thing I've ever heard of!!!!
No wonder the Jaguars just suck right now. They could have signed quite a few good players with that 'dead money' that one player is taking up.
Their owner is just stupid....IMHO