Green Name Cleaning Day [Ahman and Morlon Waived, Weaver Survived Cut]

[painekiller]

Originally Posted by cadams

my information may be wrong, but i heard that cutting green and greenwood will save them close to 7 million in cap space.

The way I figure it, dadmg is correct on Green. With two years left on his contract, the accelerated bonus allocation is close to $4M, we save the $4.8 in salary, leaving us a savings of $800K.

Greenwood is easier. This would be his last year of his contract, We save $4.7M in salary and have $1.5M in dead money. For a cap gain of $3.2M

The two players together save us around $4M.

I hope you guys can follow my explanation.

[Bigtinylittle]

Originally Posted by painekiller

The way I figure it, dadmg is correct on Green. With two years left on his contract, the accelerated bonus allocation is close to $4M, we save the $4.8 in salary, leaving us a savings of $800K.

Greenwood is easier. This would be his last year of his contract, We save $4.7M in salary and have $1.5M in dead money. For a cap gain of $3.2M

The two players together save us around $4M.

I hope you guys can follow my explanation.

This is a complicated issue which is why we are seeing different figures. The way I se it, the seven mil is the more correct one to use. That's because the Texans' approximately 30 mil available cap space number that is being floated around already has the bonuses for Green and Greenwood this year figured in. So the salary portion doesn't get anything subtracted from it. Green and Greenwood's cuts save us about 9.5 mil in salary. THEN you subtract Green's last year of bonus money (somewhat over 2 mil.) and you get the extra 7 mil available to spend this year. Hope I'm right because 7 mil buys a fair bit more talent than 4 mil.

[Keith]

Frankly, I am a little confused on the reports of Green's cap savings, but the key here is to understand how each report is calculating the "savings". Adam Schefter noted in his blog that the team saved $3.93 million in waiving Green.

Green had salary and bonus figures totalling $5.5 million on the '09 cap. His unamortized bonus money was $2.5 million. Net the two, and it's just $3 million, but that's not how Schefter is calculating the "savings" based on his Greenwood savings calculation.

Greenwood is much more straightforward. He had $1.4 million remaining and the team saved $4.768 million in base salary and $100k in a workout bonus by cutting him. Schefter says the team saved $4.87 million, meaning he is not accounting for the dead money left behind.

To get to Green's savings, I think maybe you take the $5.5 million and subtract the $1.6 million earned for active games in 2008 (@ $200k apiece) and add back in the first game's bonus of $31,250. It comes out to Schefter's $3.93 million reported... I'm just trying to figure out how that $1.6 million should be reflected on the '09 cap, if at all.

ETA - The math in getting to Schefter's $3.93 million seems to make some sense (and the chron reported a similar $4 million figure), but I'm bothered still by netting the savings against the $1.6 million from last year's incentives. At the time of the renegotiation, 6 games and $1.2 million should have been deemed as LTBE while the other 10 and $2 million should have been deemed as NLTBE. Green played in 8 games last year, and I'm unclear still as to how much of that should reflect on the '08 cap.

There is some verbiage in the CBA (Art 24, sec 7, part c - Incentives) that says:

Any incentive bonus that is stated in terms of a per play or per game occurrence automatically will be deemed “likely to be earned” to the extent the specified performance was achieved by the player ... in the previous year. ... If not initially counted as “likely to be earned,” such incentives shall be counted immediately towards the Salary Cap and Entering Player Pool when they are earned.

ugh... I expect to get some clarification on this by the end of the month when I get the final cap adjustment numbers.

[coloradodude]

Canned the Vince Lombardi way...

Boys, everyday there are planes coming in to Houston and planes leaving Houston. Here's your tickets.

Buh-bye.

[teufelhunden]

Surely there was room on that bus for Petey.

[Keith]

Originally Posted by teufelhunden

Surely there was room on that bus for Petey.

As someone with an expiring contract, there is no need to cut Faggins.

That said, I'm not opposed to bringing him back to fight for a spot on the roster. I don't think he's a standout special teams player, which will hurt him, but as long as he has safety help on the deep routes, he can be serviceable at corner.

...I know, I'm in the minority here on this one.

[papabear]

Originally Posted by Keith

As someone with an expiring contract, there is no need to cut Faggins.

That said, I'm not opposed to bringing him back to fight for a spot on the roster. I don't think he's a standout special teams player, which will hurt him, but as long as he has safety help on the deep routes, he can be serviceable at corner.

...I know, I'm in the minority here on this one.

There's no reason to not let him compete. There's no big cap savings by cutting him. I would hope if he makes the team that Reeves, Bennet, Molden, and Robinson keep him down the depth chart, but you can do a lot worse than Petey for your fith CB....you can also do a lot better than Petey as your #2 or #3 CB though.

I seem to remember him covering kicks...I know he was on the kickoff coverage team, not sure about covering punts.

[NBT]

It would be fine if Petey could compete. There's just not much chance for a 4.6 CB!
As for Weaver, I look for him to be a June 1st cut.