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Fire Haley
02-28-2013, 01:17 PM
Roethlisberger re-do saves $6 million in cap space

Another day and another restructured contract for the Steelers. Quarterback Ben Roethlisberger was at the teamís Southside facility today finishing the details of his restructured contract that will save the Steelers $6 million against this yearís salary cap.

http://triblive.com/sports/steelers/

casteeler
02-28-2013, 01:38 PM
Good to hear

Fire Haley
02-28-2013, 01:41 PM
so $5M from Timmons and $6M from Ben = $11M

not bad so far

stb_steeler
02-28-2013, 01:46 PM
I knew Ben would do it....:applaudit:

Terminator
02-28-2013, 01:46 PM
Yep, great news till all this money comes back to bite them right in the asshole come salary cap time over the course of the next 2 seasons.

tony hipchest
02-28-2013, 01:49 PM
so $5M from Timmons and $6M from Ben = $11M

not bad so far

+ $3 mil from antonio brown = $14 mil which puts us just under the estimated cap. We're clean for the March deadline.

Fire Haley
02-28-2013, 01:58 PM
oh yeah - I forgot about him - good timing for Breaston to come to town, hmmmm?

67 calsteel
02-28-2013, 02:05 PM
Woodley will be about another 6 million.that should cover restricted tenders.
Other possible clearing
Colon 3 million paycut
Heath 2 million.He will probably miss the first six games
cut Harrison 5.1
contract extensions for Clark and Keisel
Clark add a year convert 3miilion into signing bonus. cap savings 1.5 million
2014 1 million base plus 1.5 signing bonus
Keisel 2 million into signing bonus add a year cap savings 1 million
2014 1 million base plus 1 million signing bonus.

there is 12.6 in savings if we do the the above moves

austinfrench76
02-28-2013, 04:30 PM
It had to be done and the cap goes up significantly from what I understand in 2015 so maybe's its just a stop gap. I HOPE! Thanks BB!

fer522
02-28-2013, 04:43 PM
Keisel needs to go Harrison needs to go colon needs to go and we all love Troy but if he doesn't take a big pay cut (NO restructure) he also needs to go

Fire Haley
02-28-2013, 06:33 PM
Woodley will be about another 6 million.that should cover restricted tenders.


pretty close anyway

steeltheone
02-28-2013, 08:22 PM
Woodley will be about another 6 million.that should cover restricted tenders.
Other possible clearing
Colon 3 million paycut
Heath 2 million.He will probably miss the first six games
cut Harrison 5.1
contract extensions for Clark and Keisel
Clark add a year convert 3miilion into signing bonus. cap savings 1.5 million
2014 1 million base plus 1.5 signing bonus
Keisel 2 million into signing bonus add a year cap savings 1 million
2014 1 million base plus 1 million signing bonus.

there is 12.6 in savings if we do the the above moves

Cut Keisel outright...He makes more than Ziggy, Heyward and McClendon combined.

Lady Steel
03-01-2013, 12:12 AM
Thanks, Ben.

OX1947
03-01-2013, 02:17 AM
Cap went up to 123.9 million. I thought that piece of filth flat capped the league?

lloydwoodson
03-01-2013, 02:46 AM
More like "Restructuring Ben puts Steelers in salary cap hell in 2014."

It's just robbing Peter to pay Paul. The money isn't being saved it is being spent later.

kan_t
03-01-2013, 04:38 AM
More like "Restructuring Ben puts Steelers in salary cap hell in 2014."

It's just robbing Peter to pay Paul. The money isn't being saved it is being spent later.
They probably get an extension done in 2014 so the cap hell (for Ben's part) really is not a hell.

Fire Haley
03-01-2013, 08:50 AM
They probably get an extension done in 2014 so the cap hell (for Ben's part) really is not a hell.

yep


Effects of Big Ben's restructured contract

How does this help the Steelers?

Pittsburgh now should be close to being under the salary cap.

The Steelers were reportedly $14 million over the cap, and if my math is correct, they have created $14 million in cap space by restructuring the contracts of Roethlisberger, linebacker Lawrence Timmons and wide receiver Antonio Brown. There is still more work to be done.

The team needs to gain more cap room because it needs to tender contracts to restricted free agents (like wide receiver Emmanuel Sanders) and sign other free agents (potentially wide receiver Steve Breaston).


How does this help Roethlisberger?

Restructuring Roethlisberger's contract decreases his salary-cap number in 2013 but it inflates it for the 2014 and 2015 seasons. His cap number next season is projected to be around $18 million. At that point, with two years remaining on that deal, the Steelers would likely approach Roethlisberger about a new contract in 2014.

http://espn.go.com/blog/afcnorth/post/_/id/66176/effects-of-big-bens-restructured-contract

tony hipchest
03-01-2013, 09:54 AM
Cap went up to 123.9 million. I thought that piece of filth flat capped the league?revenues came in from last year higher than expected, mainly from NFL merchandise (not from ticket sales or television contracts, which are easier to forecast).

just goes to show roger can fuck shit up to his hearts content and people will still buy the products. this is why i havent purchased any officially licensed paraphanelia since the lock out. if i want a jersey it will be a knock off for 30 bucks off e-bay or 15 buck off the sales rack in a shoe store.

tanda10506
03-01-2013, 10:49 AM
My thoughts exactly Tony. We bought a bunch of knock off jersey's this year. Buying NFL merchandise now is basically like rewarding a child for bad behavior.

As far as the cap issue goes, I really don't think we'll miss the output that we have been getting from Keisel and Troy lately. After having such a great year in 2011, Keisel was average at best in 2012. Troy is hardly on the field and makes little impact anymore. Without Harrison though, our run defense struggled a lot and our pass rush was even worse then it was at the end of the year. Worilds will show some flashes but I really don't see him getting to the QB much, which is what we need at OLB. If we are going to draft a top pass rusher then we can let Harrison go, if not, I don't see that side of the line holding up with Heyward and Worilds.

SteelersCanada
03-01-2013, 10:55 AM
More like "Restructuring Ben puts Steelers in salary cap hell in 2014."

It's just robbing Peter to pay Paul. The money isn't being saved it is being spent later.

http://www.steelersdepot.com/2013/02/steelers-2014-salary-cap-fears-contract-restructures/

Settle down.

sluggermatt15
03-01-2013, 09:53 PM
Glad to hear Ben restructured. He's definitely a guy who is willing to help the team. I think the team will be under the cap by the deadline. Colbert is a master at this aspect of finance.