Quote:
Originally Posted by DJ's left nut
Betting that's the ol' 4-year veterans maneuver I've been talking about. He'll have a cap charge of around $1.2 million.
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Here's my last back of the napkin sketch on it:
Quote:
Originally Posted by DJ's left nut
Been saying it for a couple months now - Wylie is a PERFECT candidate for the 4-year veterans exemption.
Under the 4-year qualifying player benefit, the Chiefs could offer Wylie a 1 year deal for $2.42 million and slightly less than half of that would count against the cap.
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If he signed a deal with about $2.5 million in guarantees, I'm guessing they gave him the max signing bonus allowed by the 4-year benefit (I think it's about $1.3 million) and the veterans salary minimum for his experience level.
And viola! You hit $2.5 million in guarantees. With a cap hit about half that.