Raiders transaction thread

[HesterLayes]

If this isn't ok,please remove. would be nice to have just our moves so it's easier to keep track of. please and thank you.

[chucker]

[quote=raider_kin post_id=1279642]I'm sorry to always do this but what does that mean? We cut him, right? Does that mean he had to clear waivers? Or did he become an UFA? So how do we get money back? I know, I'm ignorant. Mea culpa [/quote]It's complicated. We cut James and Minshew and both guys have some guaranteed salary in 2025. Call it $3.5 million - it's somewhere in that range for each guy I think. If a team signs them then, assuming we have offset provisions in the contracts (likely), we get money back and a corresponding salary cap credit for the amount the guy was signed for up to the 2025 guaranteed money.

If nobody wants to pay the guy more than $3.5 million, then they'll just sign for the minimum of say $1.2 million (depending on years of service in the league) and we'll get the $1.2 million in cash and cap. The player gets paid no more than he would get by sitting on his couch.

If teams decide the guy is worth say $6 million then we'll get our full $3.5 and the player will effectively get $2.5 million more than sitting on his couch.

Russell Wilson, for example, made the same amount last season as if he'd sat on his couch. The Broncos got maybe $1.2 million back - effectively from the Steelers.

You'll never see the offset credits show up anywhere - I think they are buried in an adjustment to the total available cap for the team the following year, along with a ton of other things. Every year each team actually has a different salary cap as a result of many adjustments to each team's cap.

As for clearing waivers, neither player has to clear waivers this time of year because they are vested veterans with more than 4 years of service. Neither player can officially be cut or sign with another team until FA officially starts because the guaranteed salary they have can't hit the cap until the new league year. We don't have any cap room in the 2024 league year to cover the immediate cap hit of that guaranteed money.

[Xramfan]

[quote=chucker post_id=1279658]It's complicated. We cut James and Minshew and both guys have some guaranteed salary in 2025. Call it $3.5 million - it's somewhere in that range for each guy I think. If a team signs them then, assuming we have offset provisions in the contracts (likely), we get money back and a corresponding salary cap credit for the amount the guy was signed for up to the 2025 guaranteed money.

If nobody wants to pay the guy more than $3.5 million, then they'll just sign for the minimum of say $1.2 million (depending on years of service in the league) and we'll get the $1.2 million in cash and cap. The player gets paid no more than he would get by sitting on his couch.

If teams decide the guy is worth say $6 million then we'll get our full $3.5 and the player will effectively get $2.5 million more than sitting on his couch.

Russell Wilson, for example, made the same amount last season as if he'd sat on his couch. The Broncos got maybe $1.2 million back - effectively from the Steelers.

You'll never see the offset credits show up anywhere - I think they are buried in an adjustment to the total available cap for the team the following year, along with a ton of other things. Every year each team actually has a different salary cap as a result of many adjustments to each team's cap.

As for clearing waivers, neither player has to clear waivers this time of year because they are vested veterans with more than 4 years of service. Neither player can officially be cut or sign with another team until FA officially starts because the guaranteed salary they have can't hit the cap until the new league year. We don't have any cap room in the 2024 league year to cover the immediate cap hit of that guaranteed money.[/quote]https://i.pinimg.com/originals/ba/ed/04 ... 622358.gif

[chucker]

[quote=Xramfan post_id=1279661]https://i.pinimg.com/originals/ba/ed/04 ... 622358.gif[/quote]I feel like such a dork for knowing all that shit off the top of my head.

[raiderkoch]

[quote=chucker post_id=1279672]I feel like such a dork for knowing all that shit off the top of my head.[/quote]Chucker, you should. I was jsut going to ask, who the heck studies this stuff this much....LOL!

Don't take it personal...just ribbing you a bit. I wish I had that time on my hands!

[Dr Death]

[quote=chucker post_id=1279672]I feel like such a dork for knowing all that shit off the top of my head.[/quote]I feel like a dork because my mind doesn't work with that sort of stuff.

[chucker]

[quote=raiderkoch post_id=1279673]Chucker, you should. I was jsut going to ask, who the heck studies this stuff this much....LOL!

Don't take it personal...just ribbing you a bit. I wish I had that time on my hands![/quote]I'm a finance guy...... it's just the way my brain works.

[raiderkoch]

[quote=chucker post_id=1279681]I'm a finance guy...... it's just the way my brain works.[/quote]Ahhh, makes way more sense! Were you ever in or around the NFL for profession?

[raider_kin]

Thanks chucker, I'm in awe that you know this stuff.

For me, it makes my brain hurt.*

*Python reference for you youngsters

[chucker]

[quote=raiderkoch post_id=1279691]Ahhh, makes way more sense! Were you ever in or around the NFL for profession?[/quote]I've mostly been in money laundering for drug empires.

[Sold My Soul]

[quote=chucker post_id=1279672]I feel like such a dork for knowing all that shit off the top of my head.[/quote]I use to get into the weeds on contracts but these days just don't care to any more.

I'm glad this forum has Chucker to do it.....We are all the better for it.

Thanks Chuck.

[DanKD]

[quote=chucker post_id=1279722]I've mostly been in money laundering for drug empires.[/quote]The board should be faster with all that server money.

[raider_kin]

[quote=chucker post_id=1279722]I've mostly been in money laundering for drug empires.[/quote]So you're the one they made that movie about, "The Accountant?"

You a bad man.

[RickRyb]

The Raiders are getting two extra picks in the 6th - Pick #213 & #215

[Jeevo]

[quote=RickRyb post_id=1279728]The Raiders are getting two extra picks in the 6th - Pick #213 & #215[/quote]3 in a row, then someone else, and then us again?

[RickRyb]

[quote=Jeevo post_id=1279750]3 in a row, then someone else, and then us again?[/quote]6th Round - The Raiders
#180
#213
#215