Restructuring of OT Willie Colon's Contract Saves $2.85 Million
News broke out Tuesday morning of OT Willie Colon's willingness to prorate $3.8 million of the $4.5 million he's owed in 2012 over the remaining four years of his deal. Saving the team another $2.85 million against its 2012 salary cap is good progress, but there's still $5-6 million to go, according to Football Outsider writer Brian McIntyre.
The total savings created so far this off-season through player releases and contract restructures is around $18 million - but freeing up $5-6 million more would only reach the estimated 2012 salary cap. The total savings figure the Steelers are aiming for will include all restricted free agent tenders, rookie contracts and a cash fund for in-season transactions.
And all of that is before a possible franchise tag for WR Mike Wallace. With that looming as a possibility, the Steelers still have a lot of work to do to get to the cap point they'll need to field the strongest team they can.
Reports have circulated that QB Ben Roethlisberger and OLB James Harrison are in discussions for contract restructures as well. Roethlisberger seems the most likely, considering how often he's stated his desire to win ahead of individual accolades. If that's the case, he'd help his team's cause by having the Steelers tack on another year or two to his current deal, and then spreading money from this season across the full duration just like the other restructures.
Harrison may be a tougher bet, considering he restructured last season. But incidentally, restructuring did make his one-game suspension cost far less than it would have been otherwise.
The top 51 contracts on each team must be below the salary cap by 4 p.m. ET March 13. This may go down to the wire, but it seems like the Steelers have a plan in place and are sticking to it.
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Not worried at all
Good to hear that Ben is restructuring too. After Hampton and Ward are taken care of and A.Smith we should be fine.
I love the Steelers.
Is it normal to see THIS much restructuring going on from one team? You guys did this last year also, didn’t you? Wouldn’t you agree that your front office is overpaying some guys if they are forced to restructure how many contracts so far…..7, 8?
"Picture Me Rollin"
Not really normal...
Why it happens: This is because of the amount of veteran player on the team. Not only veteran player but high talent, high character players that are above average at minimum. These veteran’s contract cost much more than say rookie and younger player contracts. Thus the Steelers get over the cap and need to do something to get under. However they don’t want to cut the veteran talent.
How it happens: The veteran players on this team know that this franchise is one of the best in the NFL. They know that this may be their best chance to win a Super Bowl. They have a comradeship and family atmosphere not many teams have. In order to not lose members of their family or be lost themselves they restructure their deal to free up room. Player want to player here.
However this is just putting off the inevitable situation that someone will get cut form the family. The organization is keeping guys longer not paying them more. This is though directly related to the teams salary. Veteran player have higher contract because it is base on how they perform. So no the organization isn’t paying to much, they just are hesitant to cut ties to veteran and risk sub-par play from rookies or backups.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
So no the organization isn’t paying to much, they just are hesitant to cut ties to veteran and risk sub-par play from rookies or backups.
Do you think this has hurt your team though since your last Superbowl victory? This is coming from a stupid ratbird, but in my opinion I think it has.
"Picture Me Rollin"
Yes and No
The not cutting of players has led us to another Super Bowl and the playoffs this year. If we had cut some of them we probably wouldn’t have gotten that far. Had we let go of Taylor we would have been screwed, bringing back Gay helped and hurt because of lack of off season. The reliable play of the NT, ILB and S positions has allowed the Steelers to get talent at other positions. So it has helped.
However extending Smith contract was a problem when we knew his injury history. It was a character decision not a professional one and him being there limited Hoods snaps and possible progression. Keeping Bryant McFadden was also not smart once he lost the battle in camp. Resigning Larry Foote has hindered Sylvester Stevenson’s reps and possible his growth. So some of the time it has hurt.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
Since I’m the pro-Farrior and non-Sylvester-needs-to-grow-so-give-him-a-starting-job guy on here, I’ll simply say watch Sylvester’s only start this season, note that he played 13 snaps and was removed without injury, and tell me he should be back on the field.
by Neal Coolong on Feb 21, 2012 4:53 PM EST up reply actions
Not saying Sylvester is going to start or needs to, I am for Farrior
I know he did bad but what I am saying is as the back up to Farrior he would have gotten more reps in training camp. Maybe this helps him grow. I full well know he look lost for the very few snaps he had against the Paitroits. I am just saying he may not have looked as lost if he got some of Footes practice reps.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
You cant judge a guy on 13 snaps..........
Maybe 13 games. Farrior has had it and is a major liability on pass coverage. He has lost more than one step, it might be more like a couple.
The point is he got benched after 13 snaps, that’s how poorly he was playing.
by Neal Coolong on Feb 21, 2012 7:16 PM EST up reply actions
I think people like Sly because of hope
They hope he can be the ILB of the future, because Foote never was and Farrior is at the end. I just want to see him get more reps so we can know for sure.
If Sly’s not the guy then the person for that position no longer exists on the roster, and as many expect we’ll use a higher draft pick on that position this year. We can’t expect Farrior or Foote to improve at this stage.
lol
Sweed was judged based on two plays around here. You never know what can happen but some guys just don’t have it.
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:30 AM EST up reply actions
C'mon guys
can’t we drop this subject already???
by HandsofSweed on Feb 22, 2012 11:04 AM EST up reply actions
must resist....
:)
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 12:15 PM EST up reply actions
I disagree
If the problem was with the veterans, they’d be restructuring their contracts, or simply releasing them.
They aren’t.
They signed Woodley, Timmons and Taylor to contracts last season, and nine months later, asked them to restructure. Colon just got a deal last year, too.
My opinion, they anticipated the 2012 Salary Cap being much higher than it’s going to be. Why, I have no idea.
by Neal Coolong on Feb 21, 2012 4:51 PM EST up reply actions
I heard on Sirius NFL radio...
…that the Steelers have restructured $200 million in contracts, from last year, to this year, with $80 million guaranteed.
If you conservatively assume a 5 year amortization period over-which to spread the $200 million (existing and/or extended length of contracts), that equates to $40 million per year the Steelers have just burdened themselves with, which counts towards the cap number for each of those years. If you assume for arguments sake an average cap number of $135 million over the next couple of years, the Steelers have just committed 30% of that cap number to those few players whose contracts they have restructured.
This is a sound way to run a business and “re-load” to be successful, or is it mortgaging the future to buy a championship now?
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
You forget
those contracts are not guaranteed. Majority of that money won’t even be spent. The only real concern is the 80 million which us guaranteed. So in short no because if the Steelers need to, they can cut a guy and just not pay.
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:32 AM EST up reply actions
This can't be correct
For the Steelers to restructure in this manner, they would have had to pay out an extra $200 million up front because those guys did not take pay cuts. They had base salary in that year converted to signing bonus, which is an immediate payout. I don’t know where Sirius got that number from, but they probably meant that the total value of the contracts was 200 million, which includes everything roster bonuses, incentives that are likely to be earned, base salary, etc. So you can’t just say they added 40 million to their cap over each of 5 years.
I need someone to post a Steeler salary restructure summary...
…and someone to explain how all this works; between chunks of $4 million here, $2.75 million there, plus all the “facts” I’m seeing and hearing in the media…
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
by PaVaSteeler on Feb 22, 2012 10:57 AM EST up reply actions
Yea as long as it gets worked out
I’m not worried about it.
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 12:15 PM EST up reply actions
lol what? People usually worry before the problem can be worked out. If they work it out, you wouldn’t be worried after. So if there was a time to be worried, it would be now.
One likes to believe in the freedom of music. But glittering prizes and endless compromises, shatter the illusion of integrity.
lol
I mean he was talking about it was confusing and I mean I’m not worried about figuring it out, just hoping it gets worked out.
I love the Steelers.
by tannofsteel84 on Feb 23, 2012 10:33 AM EST up reply actions
Times like these (among others) that kk99 is really missed. His salary cap information is always great.
One likes to believe in the freedom of music. But glittering prizes and endless compromises, shatter the illusion of integrity.
Yes it was, wonder where he is right now.
I love the Steelers.
by tannofsteel84 on Feb 23, 2012 10:32 AM EST up reply actions
lol
oh yea, i remember some of the stories he’d tell. Can’t say he has many dull moments.
I love the Steelers.
by tannofsteel84 on Feb 23, 2012 1:45 PM EST up reply actions
In a word no
Wouldn’t you agree that your front office is overpaying some guys if they are forced to restructure how many contracts so far…..7, 8?
I think it just speaks to the great talent that is on this team. Is Woodley over paid? What about Ben? Guys get their fair market value many would get bigger money else where. But thats what happens when you have to pay so many guys on the roster, the cap hits you hard. Also part of the problem is that the rooney didn’t slash salary before the lockout and still tried to field a competitive team. That was their decision and they really didn’t anticipate the cap being so low. We expect it to jump in 2014 but until then things will be tight.
That being said there are some over-paid players on the team but mostly due to injury and age. But those are who normally would get restructured. But the un-expected low cap and the high number of quality players means you have to do more restructuring than normal.
I love the Steelers.
by tannofsteel84 on Feb 21, 2012 3:42 PM EST up reply actions
I think it just speaks to the great talent that is on this team. Is Woodley over paid? What about Ben?
I didn’t mean for it to come off as me saying “you over payed for not so great players” I just find it hard to imagine that your front office wasn’t aware that this type of fiasco would ensue a few years after dishing out all these big time contracts. But it does look like it is being handled properly. As always, people will doubt your offseason moves, but there will still be a quality product on the field come September.
"Picture Me Rollin"
The lockout threw everything off
I believe last year the cap number was the same as it was in 2009 or something like that. So it got reset big time. Some teams cut salary as much as possible just in case others tried to win. I don’t think it was lack of foresight but more so a choice to field a competitive team and deal with the cap issues later.
I love the Steelers.
by tannofsteel84 on Feb 21, 2012 4:00 PM EST up reply actions
This and
the lack of off-season force the hand of the Steelers to bring back some vets they could have cut. Had they had a full off-season they may have seen Gilbert could play guard and not pay Colon. (That saves a lot) Starks may have been in better shape. (wouldn’t of got cut) The rookie CB could have learned and played in Gays spot.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
Yep
don’t have to deal with ESPN making everyone stupid.
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:33 AM EST up reply actions
Malor, here is why none of this is a problem
The Steelers front office knows that they can keep pushing these salaries back until 2014, when the cap will go up $30 to $60 million and then this won’t be a problem. Until then, they will just keep restructuring contracts and fielding incredible teams.
draftdatabase.wordpress.com
Follow @steelersrule124
by seton hall and steelers on Feb 21, 2012 5:06 PM EST up reply actions
I disagree
I hear a lot of people saying this. I expect player’s agents will simply expect proportionately higher contracts as contracts get signed to new deals. Eliminating the argument that a slightly higher cap is anything less than short term reprieve.
by Nate36bus on Feb 21, 2012 9:01 PM EST via mobile up reply actions
Cap increase
A larger portion of the players will still be under contract in 2014, and the jump will allow the Steelers to go back to doing things the way that they had been. The current issues have more to do with the cap going down in 2011 and 2012 than anything else.
It’s not like all of the players under contract are going to demand huge salary hikes when the cap goes up.
by WolfpackSteelersFan on Feb 21, 2012 9:23 PM EST up reply actions
But I think he does have a point
Agents will just start demanding higher contracts because they know teams have the space. I’m not sure how this will effect the steelers but I would have hoped the increase cap room would have allowed us to play more in FA but it most likely wont. It really depends on the players will they ever say, well I have enough money no need to get greedy?
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:35 AM EST up reply actions
This...
they can keep pushing these salaries back until 2014, when the cap will go up $30 to $60 million and then this won’t be a problem.
…sounds like something out of the Lehman Brothers, Bear Sterns, AIG school of management; “…yea, don’t worry, home values will go up X% and then the values of these CMBS’s will return to the level we paid for them….what? the housing market crashed? Call my bankruptcy attorney, and tell him to tell the Federal Government we’re too big to fail and we need a bailout…”
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
So are you predicting
that the ‘NFL market’ will crash and people will just stop watching football so the NFL can’t demand a record deal from the TV market?
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:36 AM EST up reply actions
Nothing like it
It is known with a high degree of certainty that the cap will go up significantly because the TV deals are already done and go into effect in 2014.
And the Titanic was "unsinkable" too...
…its one thing to take a calculated risk that the pool of money will increase sufficiently to cover that one, or two risks, but the sheer number of contracts the Steelers are having to restructure, and the total amount of money they are pushing into the out-years, whatever that amount is, does not give me the warm and fuzzies. If they could have been so wrong on the cap number for this year, what happens if they’re wrong again for 2013 and 2014.
What happens if the economy tanks (gas currently being projected to increase to $5 – $6 per gallon, now, the stock market still fluctuating over the issues with stability in Greece, Turkey, Spain, Portugal, etc.).
It just seems to me, one little fan up here in the bleacher seats, that the Steelers are moving far away from their conservative roots with a gamble like this. My “homer” glasses are off, and like Neal, I’m no longer hesitant to stand up and question what I’m seeing. Yea, I know we at BTSC don’t have all the facts, and should just “trust” what the experts are doing, but I’ve seen too many organizations commit suicide with that same mentality to stay silent.
I think the city of Pittsburgh, and all of Steeler Nation, have proven their faith, loyalty and dedication over the years to the Steelers; a little pro-active dissemination of information by them to us, isn’t too much to ask.
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
by PaVaSteeler on Feb 22, 2012 11:09 AM EST up reply actions
well in the teams defense
Even if you’re correct and we tank into oblivion from these moves down the road – the system is set up for teams to do just that. The combination of free agency, the draft, and the salary cap are designed to make sure that no team stays on top forever.
The fact that the Steelers have remained a contender for 20 years running is amazing in itself. If they lose this gamble and we stink for 4 or 5 years because of it, that’s hardly an indictment on the front office.
There's a big difference between...
…being a victim of probabilities and cycles, and purposely sacrificing the future for the present.
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
Mike Wallace
Yeahh we should be fine after we cut some old guys like Smith, Hampton, Foote or Farrior, Ward, & Ben & Harrison re-structuring their contracts.
Happy with where we are
I am happy with where we are on the cap.
I would also add Kemo and J. Scott to the pile that could at a minimum restructure or in reality should be cut.
really
I am happy with where we are on the cap.
I’d hate to see the state of the finances for you to be upset.
by Steely McSmash on Feb 21, 2012 12:23 PM EST up reply actions
So....
if the Steelers plan to use the franchise tag on Wallace, they would need to free up another $15-$16 million, by March 13th?
#s as I see it
You need this:
$6M to get under cap
$2.6M Mike Wallace 1st round tender
5x $1.8M = $9.0M 2nd round tenders to Ramon Foster, D. Johnson, K. Lewis, Legursky, Mundy
~$4M for signing draft picks
$21.6M to lose, this allocating nothing for any UFA signings at all. (Gay, Cotchery, a NT)
Realistically they need to get at least another 3 million to sign some vet FA ’s
How can we save
$4 Cut Ward
$4.8 Cut Hampton
$2.8 Cut Farrior
$2 restructure and extend Foote
$1.5 restructure clark
$3.1 restructure miller
$1.3 Cut suisham
$2.1 Cut A. Smith
$21.6 off the cap from that.
You can cut Kemo later in the year to save $3.5M this year that can go towards other FA signings. J. Scott is another possible later cut at $2.2M if the team picks up someone good in the draft at OT.
by Steely McSmash on Feb 21, 2012 12:52 PM EST up reply actions
$21.6M
with a first round tender on Wallace. So, we’re talking another $7M to franchise him? Yeah, that’s not happening.
by Greig Clawson on Feb 21, 2012 1:01 PM EST up reply actions
Hold on...
A second round tender to David Johnson, Ramon Foster, Doug Legursky AND Ryan Mundy?
You really think other teams are interested in those players? We’re having a tough time figuring whether Mike Wallace plus an extension, one of the best at a marquee position, is worth a pick not far from the second round.
No one’s gonna give a seventh round pick to sign David Johnson to an extension, I think they’d be safe with original round tenders on all of those guys.
by Neal Coolong on Feb 21, 2012 1:11 PM EST up reply actions
Yeah not needed
Maybe Mundy, Lewis, and possibly Foster but, Legursky and Johnson are not going to draw interest in other teams. Personally I’d use it on 2nd on Mundy and use original on Lewis and let the rest play out. That why if a team sign Lewis we would still get a third.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
None of them are worth 2nd round tenders. Especially not Legursky, Mundy, and Johnson.
"It’s easy to lie with statistics, but it’s easier to lie without them." -Fred Mosteller
Follow me on Twitter
by John Stephens on Feb 21, 2012 4:23 PM EST up reply actions
the problem is the original round
Legs, Foster weren’t drafted and Johnson was a 7th IIRC. Neither are that valuable.
You can chop off $600k to drop these to the first right of refusal tender. Doesn’t change the big picture that much.
by Steely McSmash on Feb 21, 2012 10:16 PM EST up reply actions
This would be even better news if we could be sure that Colon would actually play this year
Pittsburgh Steelers fan - nuff said.
Miami Hurricanes fan - nuff said.
Georgetown Hoyas fan - nuff said.
Cleveland Cavaliers fan - um yeah, about that...
by StoneColdSteel on Feb 21, 2012 12:29 PM EST reply actions
I think they’ve probably seen him do some drills if they aren’t planning on cutting him.
"It’s easy to lie with statistics, but it’s easier to lie without them." -Fred Mosteller
Follow me on Twitter
by John Stephens on Feb 21, 2012 4:23 PM EST up reply actions
Obviously, his deal was before the second visit to the IR. Where he had some very, very good seasons on the book.
"It’s easy to lie with statistics, but it’s easier to lie without them." -Fred Mosteller
Follow me on Twitter
by John Stephens on Feb 22, 2012 11:09 AM EST up reply actions
Big difference
between renegotiating and restructuring. He did not renegotiate, and we are still on the hook for the entirety of his contract. He just restructured and took his money in guaranteed signing bonus (who wouldn’t?).
by Kansas Steel on Feb 21, 2012 12:49 PM EST up reply actions
Another web site promoted a story that said Willie Colon wouldn’t take a pay cut.
Probably not really much of anything, considering I don’t know anyone who would voluntarily take a pay cut.
by Neal Coolong on Feb 21, 2012 1:07 PM EST up reply actions
As stated
This isn’t a pay cut. Instead he took his money from this year and spread it over the latter years of his contract as guaranteed money. This means if we cut him now we are going to be hurt worst in the future.
If he took a pay cut it would be easier to cut him loose if say he doesn’t come back from injury and play like he did in 2008.
Huge fan of the Steelers. (that includes "Steelers West")
"If I could start my life over again, I would be a professional football player and you better damn well believe a Pittsburgh Steeler!"- Jack Lambert
He didn’t take less money.
"It’s easy to lie with statistics, but it’s easier to lie without them." -Fred Mosteller
Follow me on Twitter
by John Stephens on Feb 21, 2012 4:24 PM EST up reply actions
Death pool anyone?
Colon has become a season ending injury waiting to happen. We should start a “death pool” on this. First it was an achilles tear, then a triceps tear, what’s next? A torn pec? A torn glute? A groin or a hammy? I’ll start us off ….I predict a rare season ending injury to his colon.
The first confirmed case
of a player losing his head as it remains in the helmet what comes flying out of the pile near the goal line…
by Larrybob8187 on Feb 21, 2012 12:52 PM EST up reply actions
I predict he will surpass the 51 straight games he started without an injury before he tore his achilles tendon two tears ago
Playing the law of averages?
Two seasons lost means he’s due for near 3 years of good? I hope you’re right.
by Larrybob8187 on Feb 21, 2012 2:01 PM EST up reply actions
I hope you're right
But Colon was not elite before he went down, he was referred to as “on the rise” or something like that. He was improving and had 1 promising year. Now he’s been out for the next 2 full seasons.
There’s hardly any guarantee that Colon will play at a high level even if he can stay healthy. Remember – his contract extension came from the same people who extended Kemo. Colon could come back and be great (oh please God), or he could come back and play like Kemo with a Rolex (he looks the part, but turns out he can’t read the damned watch).
I’d say it’s 50-50 at best that we’ll look back and be happy Colon got a new contract last year, and I’m nervous about the truck loads of cash they threw at him. I hate it because by tying up cap space in a risk like him, it ensures he won’t have any real competition. Like with Kemo, Colon is now too big to fail in the organization. He can suck in camp and we’ll still cut a promising rookie instead because of the cap hit.
Our front office has been brilliant in most areas, but when it comes to the O-line personnel their track record hasn’t been great the past 5 years, and that’s being generous.
This says it all, but not just for Colon...
Colon is now too big to fail in the organization
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
by PaVaSteeler on Feb 22, 2012 11:22 AM EST up reply actions
True, but I don't mind it when a player is producing consistently
but giving a player who was just starting to show promise a big extension after being on IR was a much higher risk IMO then giving the contracts to Ike, Timmons, or Woodley.
yah,
Not so sure this was a good move. Achilles tear ended Simmons career and with Colon being on IR the last two years, who knows what is next. Let him go and free up even more money makes a little more sense. Maybe free up a little more to spend on Wallace since it sounds like he is going to test the market a little. I predict he will be on IR again next year, just not sure of the injury. I would go ahead with the achilles again.
Simmons career was coming to an end once he found out he had diabetes
The Achilles tear was just icing on the cake.
Can’t ask a man as big as he was to maintain the same energy level throughout a game with that kind of ailment.
Pittsburgh Steelers fan - nuff said.
Miami Hurricanes fan - nuff said.
Georgetown Hoyas fan - nuff said.
Cleveland Cavaliers fan - um yeah, about that...
by StoneColdSteel on Feb 22, 2012 1:24 AM EST up reply actions
Cut Cut Cut Cut???
Okay they seem to have 5 – 6 Million to go.
Casey Hampton ($4.8 million)
Hines Ward ($4 million)
Chris Kemoeatu ($3.5 million)
Larry Foote ($3 million)
Aaron Smith ($2.1 million)
In the past when Steelers have let a verteran go there was a solid player on the to fill the roll that player had. The Steelers could let Smith go but there have player to fill that void. I do not see that with the other playes on that list. Injuries to rookies and 2nd year players hurt them in building talent. Is Chis Carter and Chris Scott as good as they may be?
Steeler need stability on the offensive side of the ball. Wallace could be part of that move. I would perfer Ward as a WR4 than Cotchery. I would pick up a 6’3 WR in the draft. If you want to increase scoring why have all the wr on the roster be the same. A differ type of WR on the roster may increase scoring options. Juamorris Stewart should not be be the only big wr on the roster going into ota’s and training camp.
As bad has Kemoeatu has been at times do the Steelers have the cap rooom to fill the void he leaves if he is cut and not brought back. Essex would most likely be gone too. In the long run Wallace my be the leat of the Steelers worries.
Cutting those players does not simply eliminate those figures from the cap. All of them (save Smith, cuz I’m not sure) have something guaranteed this year, and if they’re signed after this year (Ward), they’d owe them something on next year’s cap as well.
Plus, you have the replacement players’ salaries. It’s not as much a savings as you’re suggesting.
Kemoeatu is without a question gone, and I’ll bet Smith is as well. I could see Foote being asked to play for less or walk, probably the same with Ward and Hampton.
by Neal Coolong on Feb 21, 2012 4:57 PM EST up reply actions
Ward
would be a 1.2 Mil cap hit if cut now. His base is 4M and his bonus portion is 600k this year.
You’d save 3.4Mil off the cap by cutting him. If he restructures to reduce his base to vet minimum, then he basically has the same cap hit if he stays under those terms.
Kemo has 2 years left too. I think they’d save around 1.8mil cutting him now. If they keep him past June 1 then they can save $3.5M with some dead money on 2013’s cap
by Steely McSmash on Feb 21, 2012 10:35 PM EST up reply actions
Ward is still guaranteed that $600k bonus, right? Does that come off the vet minimum, or, in the hypothetical situation where Ward accepts a restructured contract dropping his base to that vet minimum, would it be $925k + $600k?
by Neal Coolong on Feb 22, 2012 7:05 AM EST up reply actions
I'd cut Kemo if it saves us 1 cent
Hell I’d cut him if we had to pay him extra for cab fair. The team will save more down the road on Ben’s medical.
???
This is kind of what is was hinting at. The only reason I listed those players is because they were on the ESPN North blog about the Steelers and 2012 Free Agent issues. Sorry for the bad spelling.
I was questioning the cut cut cit push. It hinting it was not as easy as people think it would be. I even made the the point that even if the Steelers cut Kemo they may be hard press to get a replacement because of cap issues. Quality OL depth could be a problem. As I said Wallace may be the least of the Steelers worries.
by Willard Taylor on Feb 22, 2012 12:05 AM EST up reply actions
The only players on your list I question are Hampton and Foote
I expect either Farrior or Foote will be cut, but I don’t know which.
Hampton may still be cut, but if that happens I really hope Haley gets us scoring 30 points a game.
Smith and Kemo shouldn’t be a question at all.
Ward – I expect they’ll cut him, then try resigning him a much lower 1 year contract. It doesn’t make sense to restructure his contract and cause more dead space in the future.
Would love to keep ward but..............
the options are good in this years draft for a tall receiver. There are around 23of the top 50 receivers in this years draft that are over 6’2" in this years draft. Probably could even get one later in the draft. I would rather keep Foote than Farrior. Farrior is such a liability in pass coverage.
It's like a Presidents Day sale in Steelerland. Slashing Prices!!
Just curious as to what the plans may be for the FA? Still gotta have money for the rooks to. Wow somebody blew their load all at once.
by Bigcatdaddy on Feb 21, 2012 5:44 PM EST via Android app reply actions
Yes, I’ve seen your comments along those lines. I don’t know if you’re new to the NFL or not, but you should be aware that every year we are “done” or we made some huge mistake that will screw us over forever. See, our owner likes to have a winning team, not be the laughing stock of the league. They don’t try to cut corners everywhere to save a buck.
You know the answer to the FA question already (unless, you are new to the NFL) so I’m not sure why you’d think we’d be concerned about that.
“All at once” Yep…that’s a pretty powerful 40+ year load.
I don't get it, I've bought my wife a vacuum cleaner for Valentine's day four years in a row, and she still doesn't understand.......
just how much I love her
They don’t try to cut corners everywhere to save a buck.
They just cut McFadden, which saved them a few million. I get your point though, they haven’t cut corners yet, as in, plural.
(see what I did there?)
by Neal Coolong on Feb 21, 2012 8:33 PM EST up reply actions
damn it, that was bigger than I expected. You can delete it right?
I don't get it, I've bought my wife a vacuum cleaner for Valentine's day four years in a row, and she still doesn't understand.......
just how much I love her
that was bigger than I expected
TWSS
"If you havin' dragon problems I feel bad for you son, I got 99 arrows but my knee took one."
Bazinga!
United we Stand, melded like Steel
To Roger Goodell, We'll never Yield.
by PaVaSteeler on Feb 22, 2012 11:10 AM EST up reply actions
At least there was a load to blow
bengals are still sitting in Cincy with blue balls….
I love the Steelers.
by tannofsteel84 on Feb 22, 2012 9:42 AM EST up reply actions
Let's hope Colon can actually last out the season, but I like the idea of Gilbert moving over to LT.
I like what he did last year as a rookie.
Does Colon's Contract Extension Last Off-Season Impact Mike Wallace?
You almost certainly know more about this than I do. I have a question for you:
If the Steelers had not signed Willie Colon to the five-year, $25 million extension he signed before last season, would they be at risk of losing Mike Wallace today? Maybe it’s not an either/or situation, but if I remember last year’s off-season correctly, the Steelers were kind of in the mode of taking a wait-and-see approach on Wallace to see what kind of year he would have. Is that the way you remember it?
If so, that seems like a horribly bad trade-off.
by Joey Porter's PitBulls on Feb 22, 2012 8:06 AM EST reply actions
Timmons
If they did not sign Timmons to that ridiculous extension, this issue with Wallace and who to cut would not be a problem.
I still don't mind Timmons contract
His numbers were down because Harrison and Woodley were out so often that he didn’t play his true position much of the season. I have high hopes for him next year.
Why is Timmons contract ridiculous? I always see people on here with low opinions of Timmons and I don’t get it. I guess it will take him being forced to miss time before you guys realize just how good and how important he is to the team. (I hope it doesn’t come to that, I’d rather you guys just think he’s not cutting it)
One likes to believe in the freedom of music. But glittering prizes and endless compromises, shatter the illusion of integrity.

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