Big Blue Huddle

Can someone explain what the dead cap hit will be for Jones over the next several years ?

The Giants will take a dead cap hit of $22.2M in 2025.


DJ's cap hit this season $47,855,000, I guess you could argue half of that could be considered dead cap money this year since they only had DJ's services for a little more than half the season.

To define the term dead cap hit-  This describes the money charged to the team's salary cap for a player who is no longer on the team's roster.

Thanks, not as bad as I expected.  Still not good, with $22 million you can get a pretty good player.

Not impressed with how the team is being managed.

Quote from: Leek21 on November 22, 2024, 01:49:31 PMThanks, not as bad as I expected.  Still not good, with $22 million you can get a pretty good player.

Not impressed with how the team is being managed.

The reason they have so much dead cap money is that the team used DJ's contract in 2023 to borrow future cap money.   The contract averaged $40 million per season, but in 2023, DJ's cap hit was only $15,435,000.  So Schoen essentially borrowed cap money in 2023 which is now coming due in 2023 to the tune of an extra $7 million over the $40 mil average and all the 2025 cap hit of $22 million.

Quote from: Leek21 on November 22, 2024, 01:49:31 PMThanks, not as bad as I expected.  Still not good, with $22 million you can get a pretty good player.

Not impressed with how the team is being managed.

They were going to be paying him 40 million to be terrible otherwise.  That extra 18 million they are saving will be used to bring in a player or players likely to contribute more towards winning football games than Jones has.  And after next year Jones is completely wiped from the books entirely.  Structuring the contract this way was incredibly smart and also shows that even as they were formulating that deal they weren't fully behind the decision.

Quote from: Gmo11 on November 22, 2024, 01:55:11 PMThey were going to be paying him 40 million to be terrible otherwise.  That extra 18 million they are saving will be used to bring in a player or players likely to contribute more towards winning football games than Jones has.  And after next year Jones is completely wiped from the books entirely.  Structuring the contract this way was incredibly smart and also shows that even as they were formulating that deal they weren't fully behind the decision.

I look at this a couple of ways.  Either due to injury concerns or not being 100% sure of DJ's ability to continue to grow, they structured the contract so they could end the contract with a manageable but not idea $22 million cap charge.

On the other hand, when you consider how DJ played in 2023 and 2024, I have a hard to saying a contract that essentially paid him a little over $80 million was a incredibly smart contract