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The Real Terrell Owens Cap Numbers

OK, for those who are curious, we've heard $12 million, $9 million, $680,000, both $12 million plus $9 million.

What's a fan to believe??

 

Star-divide

OK, here it is – the real, REAL numbers:

Owens deal included $13 guaranteed – $12.9M was in a signing bonus and the other $100,000 was guaranteed as part of his 2008 salary. Therefore, prorate $12.9 over 4 years and you have $3,225,000 per season.

Cutting T.O.
If Dallas cuts Owens before paying him his roster bonus due June 3, the remaining amount of his signing bonus is accelerated into the 2009 cap figure:

$9,675,000 ($3.225M x 3 years remaining)

Keeping T.O.
If Dallas keeps him for 2009, they owe him a $3M roster bonus on June 3, plus a salary of $2.67M. Add that to the prorated signing bonus ($3.225M) and you get:

$8,895,000 ($3M + $2.67M + $3.225M)

So:

Cut:    $9.675,000
Keep: $8.895,000

Difference: $680,000 more if he is cut.

Q.E.D.

 

Another user-created commentary provided by a BTB reader.

0 recs  |  Comment 40 comments |

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Signing bonus

paid at signing – prorated for length of contract

"Everyone has a plan 'till they get punched in the mouth." -Tyson

by cmr3 on Jan 16, 2009 6:25 PM CST up reply actions   0 recs

Ahh got ya

Misunderstood how it was explained. He got the money up front, but it still counts for the length of the contract…

by mhuff13 on Jan 17, 2009 1:32 AM CST up reply actions   0 recs

It really doesn't matter that much anyway

2010 is scheduled to be an uncapped year

"Everyone has a plan 'till they get punched in the mouth." -Tyson

by cmr3 on Jan 16, 2009 6:25 PM CST reply actions   0 recs

that most likely won't hold up

We’ll have a revised CBA by then

by no1cowboysfan on Jan 17, 2009 12:56 AM CST up reply actions   0 recs

Out of curiosity Raul...

How are the figures adjusted if we trade Owens?

It’s my understanding that the signing bonus acts the same way as it does with a release — the remaining figure is accelerated into the 2009 cap figure.

If that’s the case, then why are some writers saying the Cowboys could look to trade Owens for cap reasons? Or are they just acting on bad information?

by no1cowboysfan on Jan 17, 2009 1:00 AM CST reply actions   0 recs

And for the record

I highly doubt Owens gets traded anyhow. This is just hypothetical.

by no1cowboysfan on Jan 17, 2009 1:01 AM CST up reply actions   0 recs

there isn't

a team in the NFL that would trade for Owens

Super Bowl party at my place, Dallas vs. ?, who's in?

by stevefs12 on Jan 17, 2009 7:27 AM CST up reply actions   0 recs

The cap hit is the same

The bonus, because it’s alredy been paid, accelerates into the current year.

Stop the Madness - Enshrine Bob Hayes
"I played for the world's greatest professional sports team in history. Once a Dallas Cowboy, always a Dallas Cowboy." - Bob Hayes
http://www.bloggingtheboys.com

by Raul Villaronga on Jan 17, 2009 10:25 AM CST up reply actions   0 recs

This is nit-picking I know

But if you cut him you also have to pay the player who takes the roster spot. Now, that could be a scrub backup OL and be negligible, but you still have to figure that into the equation. Given Jerry’s propensity for the big splash, what are the chances he replaces T.O.’s roster spot with a scrub?

by John Boy on Jan 17, 2009 8:07 AM CST reply actions   0 recs

He might have to considering the contract he going to have to giev Ware

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 17, 2009 8:16 AM CST up reply actions   0 recs

give Ware

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 17, 2009 8:17 AM CST up reply actions   0 recs

I have a hard time

believing it is going to make a substantial difference in the contract Ware will receive. Whether it’s 8.8 mill to keep TO, or we eat 9.6 mill, the amounts are in the same area; how much of an affect is $680,000 going to have on an $60-$90 million deal. He most likely will receive the biggest contract for a defensive player in NFL history.

by commoncents on Jan 17, 2009 9:14 AM CST up reply actions   0 recs

+1

Stop the Madness - Enshrine Bob Hayes
"I played for the world's greatest professional sports team in history. Once a Dallas Cowboy, always a Dallas Cowboy." - Bob Hayes
http://www.bloggingtheboys.com

by Raul Villaronga on Jan 17, 2009 10:37 AM CST up reply actions   0 recs

Well my point was in answer to the question about whether we get a 'scrubs' or a 'star' to fill his roster spot.

Which is why I said we might not be able to afford a star with a big contract when we have 9mil. in dead money. So I thinkk we might have to get a scrub to replace him.

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 17, 2009 5:04 PM CST up reply actions   0 recs

Replacing Owen's on-field production and using "his" cap space

Roy Williams will slide over to the “#1” wide receiver slot. But the reality is that the production from TO will be made up by spreading the ball around to a multitude of young, talented players like Austin, Bennett and F. Jones. My opinion is that this is a much better way to run an offense. The Cowboys will become far less predictable and one guy who is either hurt or pouting doesn’t hold the success of the offense hostage. While I wasn’t happy with the selections of Bennett and Jones last April, the promise they have shown in a very short period of time has changed my view. I’m really high on all three guys listed above.

If TO is cut, that cap money will almost certainly be redistributed elsewhere. The signing of Roy Williams virtually guarantees that. In fact, much of the debate on this blog regarding the cut TO decision has focused on team chemistry, his alleged declining skills, etc. However, the biggest reason of all may be that Dallas simply has too much future salary cap allocated to the wide receivers, to the detriment of the rest of the team. While the cap relief in 2009 won’t be realized, 2010 will see a huge number come off the books.

by Cowboy Louie on Jan 18, 2009 11:23 AM CST up reply actions   0 recs

That's why we wait till 2010 to make that move Louie.

Being strapped with nearly 10 million in lost cap space helps nothing.

by CowboysRnumba1 on Jan 18, 2009 11:34 PM CST up reply actions   0 recs

Ware's 2009 hit

Ware has a $1.005 million salary in 2009. Any deal would reduce that as I’m sure he won’t count that much if a deal is made (which will happen).

He’ll count more than $325K (1.005-.680) but his new deail will help offset some of the cap hit if T.O. is cut.

Stop the Madness - Enshrine Bob Hayes
"I played for the world's greatest professional sports team in history. Once a Dallas Cowboy, always a Dallas Cowboy." - Bob Hayes
http://www.bloggingtheboys.com

by Raul Villaronga on Jan 17, 2009 10:38 AM CST up reply actions   0 recs

QED-Nice reference

I had to put that at the top of my Algebra tests in sophmore year, ‘which was demonstrated.’ to show you completed a proof.

'You can recognize true genius by this: all the dunces are in confederacy against you' - Sir Francis Bacon

by tdships on Jan 17, 2009 11:03 AM CST reply actions   0 recs

T.O.'s salary cap isn't the problem

The problem is on the other side of the O-line “Roy Williams” . Dallas over paid for 14 catches and one touchdown in half a season. Felix Jones numbers are far better than Roy’s. Cutting T.O. only takes a playmaker off the field. Trading Roy for asecond round pick helps to recover what was lost. Dallas would get no better than a second round pick for him with those crappy numbers and the fact he never learned to run a route. Keep T.O. and can Roy Willliams.

by Martin79 on Jan 17, 2009 4:55 PM CST reply actions   0 recs

No way you give up on that deal yet

We havent even had him healthy yet. And getting rid of him for a second would be a bad decision

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 17, 2009 5:05 PM CST up reply actions   0 recs

Gotta give Roy some time.

They just got him and already threw out their receipt.

George Teague did it all.

by Aaron Novinger on Jan 17, 2009 6:45 PM CST up reply actions   0 recs

He was hurt for the last two games

and he can’t get open on single coverage and without T.O. there to draw thier best corners what kind of performance will Roy have? As I said , Felix is more produtive and could move into the slot out of the backfield with Marion. They didn’t have to give up a first, third and 45 million for 14 catches.

by Martin79 on Jan 17, 2009 5:31 PM CST reply actions   0 recs

He wasnt hurt for just the last three games.

He had Brad Johnson at qb to start his DC carreer, and by the time Romo got back and Roy had learnt the playbook he was injured.

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 17, 2009 7:24 PM CST up reply actions   0 recs

Sure

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 18, 2009 4:44 PM CST up reply actions   0 recs

I hear ya, don't understand but hear ya

espeially when there are free agents like TJ Houshmanzadeh who are more productive and you wouldn’t have to give up draft picks to get him and I doubt it would’ve taken more than 45 mil to get him

by Martin79 on Jan 18, 2009 6:46 PM CST up reply actions   0 recs

I assure you Housmanz contract will exceed 45 million.

which is outrageous to pay for any receiver that averages 9.8 yards per reception.

by CowboysRnumba1 on Jan 18, 2009 11:39 PM CST up reply actions   0 recs

+1

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 19, 2009 12:42 AM CST up reply actions   0 recs

Tell the whole stat

9,8 for 2008 and 92 receptions, 11.4 ypc career, 33 kick returns for 700 yds and 55 punt returns for 447 yards Now Roy E. Williams 11.9 ypc 36 receptions which includes his stellar half a year as a Lion as well as a Cowboy. So, you are so right with that 2.1 ypc differential, that is well worth the draft picks and 45 MILLION. Wouldn’t want you keeping my stock portfolio. You have missed my point, Dallas didn’t need a reciever half way through the ‘08 season. They could have had #11 or any number of other WR FA’s in March ‘09 and it wouldn’t cost you the future 1st round picks like the Joey Galloway deal that JJ obviously didn’t learn from. The fact is #11 has only ever had one 1000yard recieving season and had lost his #1 reciever spot to Calvin Johnson. Now sugarcoat whatever you and aussie cowboy want if it makes you feel better but #11 will never be a true #1 reciever and by the way he is the second highest paid reiever in tne NFL and you think Houshmanzadeh will cost more than that, NOT LIKELY especially when you don’t have to give up your draft to get him!! I will be happy to revisit this when Housh signs a new deal in the offseason.

by Martin79 on Jan 19, 2009 4:45 PM CST up reply actions   0 recs

Roy is a number one WR

Just as Boldin is a #1. They were just surpassed by two of the best WR in hte game today. Im not sugar coating it, I think it was a good deal

"Ask Philly was it hard tryin' a stop TO, he da main reason that the fans would come fo'."

by aussie_cowboy on Jan 19, 2009 5:40 PM CST up reply actions   0 recs

When he gets hurt

he falls further behind in making a splash to challenge for field time. He’s gotta stay healthy to continue to develop.

George Teague did it all.

by Aaron Novinger on Jan 17, 2009 6:46 PM CST up reply actions   0 recs

+1 Rigga.

IF and WHEN he decides to remain healthy, THEN he may be given a shot to show this so called “potential”, until then, he’s no more reliable than Stanback

by CowboysRnumba1 on Jan 18, 2009 11:41 PM CST reply actions   0 recs

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