Bears clear cap room with Khalil Mack restructure

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The Bears have made some smaller moves so far, but are giving themselves more room with which to work.

According to Field Yates of ESPN, the Bears created $11 million worth of room now by converting $13 million of Khalil Mack‘s base salary and roster bonus into a signing bonus.

As it pertains to Mack, it’s money he was getting anyway, it just serves as an accounting trick to give the team some bookkeeping flexibility.

The Bears are poised to lose safety Adrian Amos, and have added cornerback Buster Skrine and running back Mike Davis so far.

Whether they turn the new space into more signings remains to be seen, but they at least have the room.

39 responses to “Bears clear cap room with Khalil Mack restructure

  1. The only problem with kicking the can down the road is it creates a massive cap hit down the road, to the point that players gain extra protection because you don’t want to cut them after 3 years due to the cap hit.
    If Macks production drops a little, say he’s still good but only worth 15MM/year, you might not want to cut him and take a 15MM cap hit. You may put up with over paying a player by 20% because the cap hit will be heavy.

    Trubisky isn’t that good and if the Bears aren’t careful they will have a cap problem after 2 more years.

  2. r502 says:
    March 12, 2019 at 9:01 am
    Accounting tricks are code for future cap hell.
    ________________________________________________

    Chicago has a window RIGHT NOW to make a Super Bowl run. Why not take a shot now? Save money for something that MAY happen in the future? This isn’t a retirement plan! They want to win now. They were going to pay him that money this year anyway. Forget Earl Thomas…go get Bell and add a weapon to the Offense. Bear Down!

  3. All you people with this kick the can down the road. At no point will the ever take a 15 million dollar cap hit. They turned it into a signing bonus. Which means this 15 million is spread across the remaining 5 years of the contract. Which my math tells me is 3 million a year.

  4. Mack is a team player – for all we know this was his idea. I would place my trust in him rather than the self proclaimed pundits on this site.

  5. toothfairyretributionmanifesto says:
    March 12, 2019 at 9:13 am
    Going to be a big ol’ whole pile of dead monies down the road

    ____________________________________

    Yeah, he’s going to the HOF and will destroy Rodgers for years so i’m thinking it might be fine.

  6. LOL, they still don’t have a Quarterback! You saw how far that defense can get you without a Quarterback. Nice run Chicago…..one and done, reminds me of the great one and done run by the queens.

    The Pack is back baby!

  7. Great financial decision. I’m in the financial condition that I am in today because of kicking the can down the road.

    Regards,

    National Debt–$30 trillion here I come

  8. Accounting tricks are code for future cap hell.
    =====

    You clearly have no idea what just happened, do you?

    They took money *already in the deal* and paid it forward.

    Maybe read the article before commenting next time…

  9. Mack’s contract is front loaded for dead cap hit by the way they structured his bonus. The Bears can cut Mack in 2022 with 2 years left for a total of $14 dead cap hit or after June 1 and split it. The Bears are going to have to sign Trubisky to his market value of around $35 million in 2021. For the Bears to add any above average talent to improve they will either have to cut some starters (and replace with cheap players) or like Mack start kicking money down the road; It is a zero sum for over all talent. This puts the Bears in a position the only way to improve is by the draft, which they gave to the Raiders. So there overall talent is basically set for the next couple of years, hoping there are no injuries or players fall of the talent cliff.

  10. With the cap expected to keep going up as it has, kicking the can down the road absolutely makes sense. And you have to take advantage of that time when you aren’t paying your QB. There’s not really a downside here.

  11. But wait a minute, we were told and convinced this was a great move my the Bears and that Mack was worth every dollar and the Raiders were fools for not paying him. Not even 1 year into the contract and they are already restructuring his deal? Why not restructure others on the team? Why not take the salary of 5 or 6 players and restructure their rather than Macks? Oh yeah, it’s because he is the highest paid player on the team, overpaid, and now the Bears are facing Cap hell. Yeah, the raiders got fleeced on this trade. LMFAO.

  12. Lol. Raider fans are so bitter. Mack is a generational player. Instead of signing Mack, the Raiders are over paying for FA who won’t even be there when and if they are ready to compete for a title. Let’s see how many players they hit on in the draft.

  13. harsing2 says:
    March 12, 2019 at 9:20 am
    All you people with this kick the can down the road. At no point will the ever take a 15 million dollar cap hit. They turned it into a signing bonus. Which means this 15 million is spread across the remaining 5 years of the contract. Which my math tells me is 3 million a year.
    – – – – – – – – – – – – – – –
    Thats because you need to learn arithmetic- his cap # is going to be approx $24 million a year for the next 6 years….by deferring payments and amortizing it over the remainder of the contract— is “kicking down the road”. It will haunt you…the window is now for the Bears, and the Rams

  14. Next year at this time, the crocodile tears will flow from Bear fans. After missing the playoffs, realizing Pace gambled the future of the franchise with a great defensive player and an awful QB. Bears have peaked and will be lucky to be 8-8 this year. FULL SCALE DECLINE

  15. So great that they had to already restructure this deal. I mean, the players should figure out that those eye popping numbers really hurt other players ability to get paid.

    Then again this also shows how the NFL has flexibility in paying that the other leagues don’t have because there are some non-guaranteed areas.

  16. Every NFL fan: Raiders are idiots to trade Khalil Mack even though they’re getting TWO first-rd picks in return! They should have paid him whatever he wanted (riiiightt…), he’s a monster (true), he’s the best player on their team (true) he’s worth every penny (probably not). FORGET about the fact that you need to upgrade positions all over on both sides of the ball, and you’re paying your franchise QB $25M/yr, JUST PAY HIM!!!

    2018 Bears: We’ll take him and give him everything he wants, it’s not a problem at all! Wheeeeee!!!!

    2019 Bears: Eh… So… Remember that deal we gave Mack that was no problem at all? Well it’s kind of a problem just ONE season later, even though our franchise QB is STILL on his rookie contract!! So, you know, we kind of hosed ourselves. Big-time. Khalil, can you do us a solid?

    Raiders fans: Yeah, we were good with it from the beginning.

  17. You can cut the ignorance regarding the salary cap on here with a wet noodle.

    The Bears have a lot of good young players under contract. Teams restructure deals all of the time, both for the present and looking down the road. They are not in cap hell. If they had a bunch of middling or bad talent at high prices, you could consider them to be in a poor cap position. But they’re not- they still have a lot of developing talent and are an up-and-coming team that went 5-11 in 2017 and then went 12-4 last year with a new coach.

    If you’re going to make comments about a team’s cap position, you need to do a lot more than just go down a list and see where they rank in available money. “Cap hell” is just a lazy term used by those who do exactly that, without providing any context or any review of the talent under contract, when those deals expire, and how it impacts their spending down the line. There’s a reason why teams hire intelligent guys to handle their financial and cap endeavors, and don’t cull them from one-dimensional thinkers on posting on football sites.

  18. Cap hell is a real thing. It’s called dead money. And when you keep restructuring contracts you either pay the player a giant amount or cut him and have dead money. With lots of dead money on the books, it forces you to either have young guys on your roster or bargain vets. This is a sure fire way to have a garbage team which is exactly the direction the Bears are going. Frank Booth gets triggered rather easily.

  19. “Cap hell”, if it exists, is for poorly performing teams that are hamstrung by large salaries and dead cap money that they won’t get out of for several years. The Bears aren’t in it, neither are the Vikings, and neither are the Eagles, to name a few. They are presently successful teams that are competing, even though they all have high cap numbers. Most good teams are going to have high cap numbers, and they seem to be able to adjust their way through it.

    Every team has to navigate the salary cap and they do it in a variety of ways. Thing is, you can’t figure out the impact by just looking at today and the large contracts of a few different guys, because it’s not just about today, but how things are going to shake it down the road.

    People continue to say stupid, ignorant things, simply because they want to make disparaging knee-jerk comments. In fact, one guy in here said the Bears are in full scale decline, yet they pretty much are going to have the same roster as next year that got them to 12-4, save for a couple of guys. Then again, predictions are a dime a dozen on here, and the majority of them are wrong. The same guy that said the Bears are in decline has pretty much been wrong about everything else. The funny thing about him is that in his cowardice, he won’t to say what team he roots for.

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