Trey Hendrickson Update

[Luvnit2]

(3 hours ago)Isaac Curtis: The Real #85 Wrote: Those are 4-5 year deals. Trey's will be 2-3. Much harder to reduce the cap hit as far below the APY there. 

You are missing the point. The point isn't that Chase & Tee come in below their APY in Y1, they do. The point is, it should be lower (by about $11 mil, total). We didn't save any money directly, the payout was the same, but the cap hit was higher. 

This is either incredibly stupid cap management, or, Mikey & Family did not want to clear cap space, because then they would need to spend that $$ on players. FA's or Trey. And now they can plead cap space. They can pocket the rest this way without taking as much criticism.

https://www.si.com/nfl/bengals/news/bengals-cost-themselves-significant-cap-space-questionable-jamarr-chase-tee-higgins-contract-structure

There was every football related incentive for them to maximize cap space on those deals and they chose not to. I believe, in whole or in part so they could be mizerly in FA (Trey and/or FA's). 

Conversely, now, the football reasons make spending it this year more of an option. Especially if they are basically done in FA. Which it looks like to me. 

If so, there is not a real benefit saving cap for this year. I mean, rollover, sure. But if I am choosing where to structure the deal, I'd rather pay $5-10 mil more this year than next at this point. FA is over. 

This is only partially correct. If they did lower the cap hit in 2025, they cap hit goes onto later years. So, no it does not just disappear in 2025.