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Ted Ginn's Contract

Discussion in 'Miami Dolphins Salary Cap' started by GARDENHEAD, Oct 26, 2009.

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  1. GARDENHEAD

    GARDENHEAD Season Ticket Holder Club Member

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    Ted Ginn is slated to be a Dolphin through 2012. Here are the details:

    7/27/2007: Signed a five-year, $19.6 million contract. The deal includes $14 million guaranteed. 2009: $677,917, 2010: $1,035,833, 2011: $1,393,750, 2012: $1,801,667 (Voidable Year), 2013: Free Agent

    I assume the voidable year means Ted has the ability to void the contract.

    Link: http://www.rotoworld.com/content/playerpages/player_contract.aspx?sport=NfL&id=4168

    Any salary cap geniuses out there know what kind of salary cap hit we'd take if we were to cut him. Seems like he's hurting us more than he helps us. I'm not advocating him getting cut. Rather, I think the debate is valid and I'd like more information.
     
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  2. Skeet84

    Skeet84 New Member

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    No way he should be cut. He is a valuable asset to the team.
     
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  3. Zach13

    Zach13 Season Ticket Holder

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    Which team?
     
  4. anlgp

    anlgp ↑ ↑ ↓ ↓ ← → ← → B A

    not a cap expert, but i believe we'd have to give him what we haven't in guaranteed money.
     
  5. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Ted is underperforming without a doubt, but all the WRs (aside from Hartline) are. We need upgrades across the board in that corp. Get a solid #1 prospect (Hartline can work #2, or if Turner comes around), get an explosive slot WR, and keep Ginn for returns and the #4/5 spot if you must. Cutting him solves nothing IMO.
     
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  6. azfinfanmang

    azfinfanmang Premium Member Luxury Box

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    He isn't worth a dam as a returner either.
    He can't block, he can't tackle, he can't catch.


    He has become a liability (.)

    Time to sever the tie and try something different
     
  7. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    He actually did pretty good on returns yesterday.

    And he did make a tackle, forcing a fumble yesterday (though it wasn't overturned).

    He can't block well, not that he can't block.

    He isn't catching well, but he can catch (hence 2 for 16 yards).

    Whether he is a liability is debatable. He is not the answer at #1 for sure, I wouldn't say that.

    I have no problem trying something different, not sure how much more we can do this year though.
     
  8. Jeffrey

    Jeffrey Banned

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    Rip up the contract. It's over.
     
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  9. azfinfanmang

    azfinfanmang Premium Member Luxury Box

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    What exactly is good on returns?
    He basically had 4 for 100 yards.
    Is that good by standards? I say stick Sheets in there, at least he won't look to run out of bounds.
    He can't block to save his life.
    By tackling, I am of course suggesting special teams. In that scenario, he doesn't stand a chance.
    He simply drops more than he catches.

    I know we probably can't do anything about it at this point, but after yesterday, do you think Henne is going to want to go to him when the game is on the line?
    I don't think Ginn wants Henne to go to him when the game is on the line.
     
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  10. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Good is 25 yards a return. That average would put him at 15th in the NFL (he's 19th right now, his average in the NO game would be good enough for 12th though), and was considerably better than what we have had back there.

    I am pretty confident that if he ran to the middle like so many want to see apparently, that he wouldn't have even averaged 25 yards. They were directional kicking for a reason.
     
  11. GridIronKing34

    GridIronKing34 Silently Judging You

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    Cutting him would be flat out dumb. He's not a liability to this team. He'll be here this year and next year, I have little doubt about that.
     
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  12. GARDENHEAD

    GARDENHEAD Season Ticket Holder Club Member

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    There are many threads debating whether or not Ginn is a liability and should be cut. This is not that thread.

    The purpose of this thread is to understand the salary cap ramifications of cutting Ginn. Let's keep it to that, please.
     
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  13. azfinfanmang

    azfinfanmang Premium Member Luxury Box

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    Outstanding.
    He is somewhere between 19th and 15th?
    That almost has him in the better 1/2 in the league. :pity:

    I feel MUCH better now :up:
     
  14. Jeffrey

    Jeffrey Banned

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    I wasn't saying that we should flat out cut him. That's obviously not going to happen. Let's see if he can make some plays down the stretch and hopefully we might be able to make a trade or get some type of value for him. I wanted him to remain a Dolphin before but now I'm starting to change my mind.
     
  15. gunn34

    gunn34 I miss Don & Dan

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    I agree! He's scared.

    Other teams know what we know. He plays scared. Why would they waste a draft pick on him. Cam isn't a GM.
     
  16. gunn34

    gunn34 I miss Don & Dan

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    I think a voidable year is voidable by either side.
     
  17. GridIronKing34

    GridIronKing34 Silently Judging You

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    Keep in mind that his average is slowed down by the pitiful blocking in the first week. Even Cobbs was getting taken down before the 20.

    I think it says a lot about Ginn when the Saints were directionally kicking and even booting it deep in the endzone.
     
  18. GridIronKing34

    GridIronKing34 Silently Judging You

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    I think there were some teams who called and asked about Ginn before the trade deadline. So I doubt "no one would waste a draft pick" on Ted Ginn Jr.
     
  19. SICK

    SICK Lounge Moderator

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    considering he was drafted 3 yrs ago 9th overall to ALSO be a return specialist......it hurts even more.
     
  20. GridIronKing34

    GridIronKing34 Silently Judging You

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    By a different regime.

    Get over the draft position argument. I am pretty sure Sparano doesn't have a "X round, X overall pick" sticker on each players helmet.
     
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  21. Bpk

    Bpk Premium Member Luxury Box

    I guess no one knows the cap hit, huh?
     
  22. SICK

    SICK Lounge Moderator

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    why would i get over it? i was a fan of the dolphins then. and now. i dont care about regime. iam not sparano. iam a fan....i can hate on a player all i want. dont tell me to "get over it" cause ginns your boy.
     
  23. jetssuck

    jetssuck I hear Mandich's voice...

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    Curious to know what you think he's worth, what you think we could legitimately ask for?
     
  24. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    At this point, conditional 5th is probably the best we could ask for.

    I think he could be worth more by years end, and was worth more in the offseason.

    He's always been worth more to this team than he would be to other teams, just because of the cast of other WRs that we have.
     
  25. jetssuck

    jetssuck I hear Mandich's voice...

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    I was gonna say a 5th myself

    Hard to believe there are still people that don't think we need an upgrade at WR....our number one might be worth a 5th rounder.
     
  26. Ozzy

    Ozzy Premium Member Luxury Box


    Yeah the X is targeted on his (_)_) at this point.


    I don't think it's smart to just cut him salary wise but he's not getting better and quite frankly I'm tired of Tedd Ginn the Wr. Use him almost solely as a return man, and put him in the game now and then and give him a go route.
     
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  27. GridIronKing34

    GridIronKing34 Silently Judging You

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    I would tell you the same about Jason Allen or any other player as well. It's not because "Ginn's my boy"...

    I think that it would be tough to garner a 4th round pick for him though. I don't think it's wise to let him go until his voidable year (year 5) because as someone said... he's worth more to us than someone else at this point.
     
  28. BuckeyeKing

    BuckeyeKing Wolves DYNASTY!!!!

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    :lol: another Ginn bashing thread?
     
  29. Jeffrey

    Jeffrey Banned

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    Anyone want to buy some low #'d, autographed Ted Ginn cards?
     
  30. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Depends what they look like. :yes:
     
  31. azfinfanmang

    azfinfanmang Premium Member Luxury Box

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    AND, how many times they've been dropped...:escape2:
     
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  32. Vengeful Odin

    Vengeful Odin Norse Mod

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    If we were to cut Ginn right now we would have his salary number hit our cap next year. So we're talking about $1,035,833.

    You guys are all forgetting a key point. Even Roger Goodell thinks it's likely that we will have an uncapped year in 2010, which means he wouldn't impact us at all.
     
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  33. gafinfan

    gafinfan gunner Club Member

    Sorry VO to disagree but .............

    http://content.usatoday.com/sports/football/nfl/salaries/playerdetail.aspx?lname=ginn&player=4457

    Ted Ginn's Cap for 2010 is 3*1,970,000.00 = 5,910,000.00. This is the prorated bonus money plus anything in the contract that maybe a back end bonus not paid at his signing. The salery would be added if he were cut after the start of the season. Not sure what date that is. BTW if traded we are still responsible for his guaranteed money.

    BTW a voidable year is only for the players use not the teams and has nothing to do with his money. He's already been paid but it has to be shown on the books this way as you well know.

    2010 being an uncapped year means that a team can spend any amount of money they want to but I don't think you'll see the owners go crazy. Ok maybe Snider or Davis but ....... surely not Tuna, its not his style.
     
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  34. GridIronKing34

    GridIronKing34 Silently Judging You

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    It's not coming out of Parcell's pocket, why the hell does he care?
     
  35. Vengeful Odin

    Vengeful Odin Norse Mod

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    Ga, you're right. I forgot about the guaranteed money that's likely part of his signing bonus. I was just looking at his base salary.

    His base salaries (from NFLPA) are as follows:

    2007: $285,000
    2008: $370,000
    2009: $677,917
    2010: $1,035,833
    2011: $1,393,750

    In addition, based on your USA today link I think we can safely assume his signing bonus was $9,850,000. That would be prorated out over the life of the contract at a yearly rate of $1,970,000. That leaves $5,987,500 that Ted would make in either roster bonuses or other incentives.

    We know (again from the link) that $3,461,347 of that has already been given out in other bonuses, leaving $2,526,153 yet unpaid.

    So, if we cut Ginn today, we would be on the hook for:

    $677,917 base salary
    $5,910,000 signing bonuses
    $2,526,153 other bonuses (may have already been paid in March as a roster bonus or something similar).

    So at a minimum, the cap hit is $6,587,917 and at a maximum you're looking at $9,114,070 if we were to cut him today.

    Even if we were to wait until the off season and cut him we're likely looking at a cap hit of at least $3,940,000, which would be the remainder of his guaranteed money, providing we've paid out the other bonuses already.
     
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  36. azfinfanmang

    azfinfanmang Premium Member Luxury Box

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    Holy CRAP!!!

    This kid better start making a HUGE impact in the return game is all I have to say..........
     
  37. gafinfan

    gafinfan gunner Club Member

    Do you want to overpay for your next house or car even if its your parents money. Come on, of course he cares, all you have to do is look at the way he operates and he is still responsible for what he spends. :no::wink2:
     
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  38. phineas64

    phineas64 Season Ticket Holder

    You speak, and TG listens! Maybe this week you should tell him to catch the ball too. :lol:
     
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  39. Gitrdone

    Gitrdone New Member

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    Canada EH!
    Reading the posts in this thread make me laugh, take about Knee jerk reactions.
     
  40. K-Train

    K-Train New Member

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    Put him at Corner.
     

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