Jaques Reeves

[painekiller]

Originally Posted by cadams

man, everyone talks about us givign reeves a boatload of money, but i just dont think that is the case. i could be wrong, but the way his contract was structured i remember it looking like a good deal for the texans. if he performs he will get all of that money (and in the market today, 20 million isnt much for a cb who is performing). if he doesnt, the texans can get rid of him after a year or two without much of a cap hit.

Keith, you are the cap guru, does that jive with what you think?

Keith had this to say on 4/26/08

Reeves signed a 5-year contract that included a $4 million signing bonus ($4MM / 5 yr = $800k/yr prorate). He also got an addition $2 million as a roster bonus on this year's cap, which is the reason why cutting him after this year or next would be less painful... that extra $2MM won't need to be spread over future years.

2008: $1MM base, $800k prorate, $2MM roster = $3.8MM cap hit

So getting rid of Reeves after just one year would mean ($800k * 4 years) $3.2 million in dead money. If taken as a June 1, 2009 cut, that would mean $800k on the 2009 cap and $2.4 million on the 2010 cap.

They structured the contract so Reeves could be a one year rental, or a long term answer. This is not Rasputin's team anymore.