Mike Wallace contract

Thoroughly confused as to why they would choose to give him such a low 2013 salary cap number at the direct expense of his ultra-high 2014 salary cap number.

 

Two words: Randy Starks

 

Ouch at the salary cap hit next year...

 

How much do they save by keeping Dansby/Burnett on the books until June 1st? That's my guess.

 

Agree. Doesn't make a lot of sense considering we have the space this year to absorb more of the hit.

 

Edit whoops wrong thread

 

http://www.spotrac.com/nfl/miami-dolphins/cap-hit/2014/

Even with Wallace and the monster number our cap number next year still looks really healthy.

Makes sense why Dansby and Burnett were designated June 1st cuts now, to offset some of that Wallace number.

If Wallace bombs we could actually cut him after 2 years and get a decent cap saving.

 

Right now on the books for 95 million in 2014

http://www.spotrac.com/nfl/miami-dolphins/cap-hit/2014/

I can certainly see where some of these guys may be gone by then (thomas, patterson, marshall)

 

Ah beat me to it!

 

You can carry the space over. I haven't looked at the contract yet but my guess is they want the flexibility to carry the space over.

 

Given how much space we still have I think we will be carrying over a decent sized chunk into next year.

 

I think its maybe time to give Dawn Aponte some serious props.

 

Lots of room for Revis next year, when the new team he gets traded to doesn't extend him....

 

I'd hit it....

 

Nice find. I speculated in another thread yesterday that judging from the contract #'s for Ellerbe and Wheeler that Ireland might be dumping a lot of salary into the 2014 cap. The numbers on Wallace confirms my suspicions.

 

In spite of this year I really think we will stick to counting on the draft to build the team. I don't think we will be such big players again in FA any time soon. At least I hope not. If we are, then it will probably indicate we've continued to do a poor job of building the team.

 

heheheh

 

Keep in mind though that Miami's going to have to eventually extend Reshad Jones for next year, and if they're smart, in my opinion, they'd start working on Mike Pouncey, maybe Chris Clemons, and consider guys like Tannehill, Miller, and Martin if they prove they're legitimate this year.

 

lol @ extending players after their second year... #1. It's bad business from a team standpoint. #2. It's bad business for a client who could on to have a monster year 3, and be eligible to make more money. #3. We're the Miami Dolphins.

 

They just tipped their hand on that one. Starks will be gone so they may be looking to draft a DL high or they think they have the backup on the team already. Good call on Starks

 

I don't see how this is just a two year deal. A lot more likely the deal lasts 3 years.

Cutting him after year two would incur almost $10M in dead money. Cutting him after the third year would incur ~$4.5M. If they're going to cut him after 2014, they might as well keep him another year.

Essentially its a 3 year deal for $30M.

What is going to be interesting to see is how much the salary cap increases in 2015. Very likely will see Mike Wallace hold out for more money going into 2015 in accordance with a significantly increased cap number.

 

Why is it bad business for the team or client? The team ends up trading job security and guaranteed money to the player in return for less money.

 

1. Paying more when you don't have to since player is under contract.

2. Client could make more money with better play. Think Joe Flacco salary now vs. extension in 2010/2011.

 

1. You don't have to pay anyone anything. The point is that a guy like Jordy Nelson makes less than Brian Hartline because he was given greater security.

2. The client is also at great risk of injury and subsequently making very little. The overwhelming majority of players will strike when the iron is hot. Flacco is the exception to the rule really. Nobody wants to play on the final year of their contract. Thats why players hate the franchise tag so much.

 

That would mean that he played up to his contract. Not that bad of a problem IMO. He wouldn't have much leverage at that point.

 

Sucks for Jordy Nelson... Players want security, but not at the risk of losing out on huge money (Brian Hartline for instance). Obviously Flacco didn't want to play on the final year of his deal. However, Baltimore was never going to him that kind of money previously, which he wanted. Flacco not making a deal for less benefited him. Not sure why that makes him the exception. We see it happen all the time. Which is why the franchise tag exists.

 

The fact that Miami can get out of this deal after 3 years with a relatively small amount of dead money makes this deal a little more palatable. It's still overpaying for what he actually does on the field, but it is a brilliant structure.

With Jordy Nelson, he's going to have the same issue that Greg Jennings has when it comes time to be a free agent. He signed for security before he blossomed, and now he's underpaid for what he does. When he gets to the point that he can cash in, he's going to be a 30 year old receiver who people aren't going to jump to giving a big contract to.

I'll bet dollars to donuts that Green Bay takes one of these three receivers in this draft (Quinton Patton, Stedman Bailey, or Ryan Swope).

 

Brian Hartline came out and essentially said that he'd have taken a lower deal last season. When do you ever see players want to play under the franchise tag?