Wabit
Registered User
- May 23, 2016
- 20,013
- 4,628
Here's my thinking. I think players don't want to sign with GMBG. He's had some public falling out with players (Talbot, Fiala), dumped others (Staal, Sturm, etc), and there is some behind the scenes stuff the players have seen that fans really don't. Players he's gotten as rentals don't stay, and take similar/less money than what he was (reportedly) offering to play for other teams.
For some reason GMBG has taken signing bonuses off the table. I don't think it's an owner directed thing because he's had no problems with it in the past. Signing bonuses aren't subjected to the escrow (at least they weren't a couple of years ago). The players escrow is around 20% now IIRC ($200k per $1m). So a $4m/yr deal is only pays $3.2m throughout the season (they may get some of that back after the league money is all figured). So to get that same $3.2m in pay a player could take $2m in salary (1.6m in pay) and a $1.6m signing bonus for a total $3.6m cap hit. This is all before state/local taxes are figured into the equation.
For some reason GMBG has taken signing bonuses off the table. I don't think it's an owner directed thing because he's had no problems with it in the past. Signing bonuses aren't subjected to the escrow (at least they weren't a couple of years ago). The players escrow is around 20% now IIRC ($200k per $1m). So a $4m/yr deal is only pays $3.2m throughout the season (they may get some of that back after the league money is all figured). So to get that same $3.2m in pay a player could take $2m in salary (1.6m in pay) and a $1.6m signing bonus for a total $3.6m cap hit. This is all before state/local taxes are figured into the equation.