Quote:
Originally Posted by barrett
Isn't the whole tender gauranteed on a RFA. So tendering him at 1.5 would have actually resulted in more gauranteed money, and more potential dead money. This deal is every bit as cap friendly as the higher tender (or maybe more so).
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I don't think the RFA tender is guaranteed. The franchise tag becomes guaranteed once signed by the player, but unless I am too sleepy to remember, the RFA (and ERFA) tenders are not guaranteed when signed. There's also no signing bonus on the RFA tenders, so dead money there is not an issue.
Tossing aside the guarantee issue... Anderson's cap value will probably be less in 2009 under a 3-yr contract than as a RFA. With a $1 million signing bonus split into thirds, his bonus would then be $333k. Add that to whatever 2009 base salary he negotiated with the Broncos (probably the min for a player with 3 credited seasons, $535k), and the '09 cap figure for Anderson is maybe around $868k, a few hundred thousand less than with the tender.
So the threat of dead money... Anderson seems to be a virtual lock to make the team in 2009. In 2010, there may or may not be a cap, so I'm not sure dead money is an issue if there isn't. Assuming 2010 is played under the same cap rules as any normal capped year, then yeah DA could have as much as $667k in dead money on the 2010 cap (or half that as a June 1 cut with the other half deferred to 2011, again assuming old rules apply).
Probably overkill on the subject, especially considering this is not at all a big money deal. Take a harder look at Eugene Wilson's cap figures... now there's a dude who needs to perform and not flame out a la Will Demps.