HoosierCat Posted March 9, 2005 Report Share Posted March 9, 2005 courtesy kffl...Bengals | Houshmandzadeh Contract Breakdown - from www.KFFL.comWed, 9 Mar 2005 05:56:55 -0800Updating previous reports, the four-year deal WR T.J. Houshmandzadeh signed with the Cincinnati Bengals has base salaries of $1.025 million (2005), $1.925 million (2006), $2.125 million (2007) and $2.525 million (2008).That leaves about $5.4 million for bonuses, if the espn reports of a $13 million total deal are accurate. Probably $3-4 million in signing bonus, the rest in roster bonuses, incentives, blah, blah blah. Pretty good chunk of change there, TJ! Quote Link to comment Share on other sites More sharing options...
bengalboomer7 Posted March 9, 2005 Report Share Posted March 9, 2005 If I remember correctly all of the bonus is paid in the first year, so after next year his salary cap hit will be minimal Quote Link to comment Share on other sites More sharing options...
ckj414 Posted March 9, 2005 Report Share Posted March 9, 2005 If I remember correctly all of the bonus is paid in the first year, so after next year his salary cap hit will be minimal The signing bonus would be paid upfront, but for cap purposes its pro-rated over the life of the contract. So a $4 million signing bonus would count $1 million each season on a four year contract. Quote Link to comment Share on other sites More sharing options...
bengalboomer7 Posted March 9, 2005 Report Share Posted March 9, 2005 I thought I read somewhere tht they didn't do that and his cap hit for this coming year is like 4 mill, so if I'm wrong someone please correct me cause that changes my own personal GM plans Quote Link to comment Share on other sites More sharing options...
HoosierCat Posted March 9, 2005 Author Report Share Posted March 9, 2005 The confusion likely stems from Hobson saying that Housh's total take in year 1 will be in the $5 million neighborhood. That's because, like ckj said, he actually gets the whole $4 million (or so) signing bonus this year, even though for cap purposes it's prorated. So between that and his million-dollar salary he'll take home $5 million. But his cap hit ought to be around $2 million.That, of course, assumes a regular signing bonus of around $4 million. They could have done something like, give him a $2 million signing bonus (for a 500k hit each year) and a $2 million roster bonus payable at some point later this year. In that case, the whole roster bonus would hit this year and hit would be more like $4 million. The Raiders did something similar with Sapp last year, so that the majority of the bonus money he was paid hit in years 1 and 2, so that come year 3 they could cut him without take a big cap hit.But I haven't seen anything to lead me to believe the Bengals did that... Quote Link to comment Share on other sites More sharing options...
Whur CHad At? Posted March 9, 2005 Report Share Posted March 9, 2005 over paid, thats all i gotta say Quote Link to comment Share on other sites More sharing options...
bengalboomer7 Posted March 9, 2005 Report Share Posted March 9, 2005 Depending on how the contract breaks down I not so sure he was overpaid at all. Everyone was saying about Stokley's deal for a #3 reciever, but according to the coaches right now TJ is the #2 reciever. If that holds true, then it is PW that is overpaid. Quote Link to comment Share on other sites More sharing options...
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