Quote Originally Posted by NJ-STEELER View Post
larry's contract

Three years, $5.5 million.

2013: $1,000,000 signing [URL="http://mbd.scout.com/mb.aspx?s=68&f=1897&t=11371774#"]bonus[/URL], $1,500,000 salary (1,833,333 cap hit)
2014: $1,500,000 [URL="http://mbd.scout.com/mb.aspx?s=68&f=1897&t=11371774#"]salary[/URL] ($1,833,333 cap hit)
2015: $1,500,000 salary ($1,833,334 cap hit)
At these numbers it is an excellent deal.

Cap hit for a potential starter/experienced backup < $2M

Easy contract to get out of next year, only $667K dead money if dumped after 1 year.

This contract allows you to draft or sign an ILB without worrying about the contract ahead of him, yet doesn't force you to overdraft one because you have no options.