thejetsblog.com » Salary Cap Update: UFA Contract Offers
Now that one of the UFA Jets (Jay Feely) was signed by another team, they can now begin to explore the possibility of signing another UFA.
The rules stipulate that the final eight teams can not sign unrestricted free agent until they have one of their own unrestricted free agents picked up by another team and the player signed to replace a player must not have a number of first year of the CAP, which is higher than the player out. Another complication is the rules under which the 2011 wage can not exceed 130% of salary in 2010, which limits the extent to which you can backload agreement.
The Jets can simply use their ability to gain new found an unrestricted free agent to sign Feely to replace, but - if it happens - it is interesting to watch what they could offer to another UFA , namely Darren Sharper.
I try to break down after the jump ...
Some wondered why Feely first year salary was so low and whether the Cardinals did for the Jets longer live.He does not treat all the senses to defer a large portion of wages until next year when there could be a salary cap and the point of view of Feely, he risks losing the money, s it does not meet this year. However, I expect the Cardinals are not a team that will seek to optimize their spending in 2011, although there is a ceiling and Feely still do better than he would accept the offer from the Jets because of the bonus money he received in advance.
Although the pay is only $ 1 million is the number of CAP is important.The signing bonus money will be prorated over two years, so that will raise the first issue of the CAP year to at least $ 1.25. It will be even more if the rest of the bonus money applies in this second year, which seems unlikely. Let's work on the basis that the lower figure is the worst case and use it....

NHL Free Agency
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