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GoBears
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Did we extend him over the next ten years?
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Nope
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Cool so a Pace special, 4 void years of ghost contract
Edit: LOL I was only joking and posted this before bears26 posted the above. Pace is such a fucking moron!!
Edit: LOL I was only joking and posted this before bears26 posted the above. Pace is such a fucking moron!!
Mdbearz
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Does this mean we are making a move?
Does it mean we are married to his contract another year?
Does it mean we are married to his contract another year?
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Not 1 but 4. Pace is a fucking Special person. Launch him please.
GoBears
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I'll ask, what does four void years mean?
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“Voidable contract years are basically fake contract seasons that are simply used for salary cap manipulation,” according to OTC. “… The purpose of the void year is to allow a team to pay a player a signing bonus and prorate for more years than actually exists on the contract. Basically it’s buying on credit with the cap — buy now and pay later.’’
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Someone can probably explain better than I, but my understanding is that what happens with the signing bonuses is that they get spread out over the life of the contract, so a $10 million bonus on a 5 year contract will contribute to $2 million against the cap each year.
Jimmy Grahams contract was for this year only, so by creating void years, it spreads the bonus. Those years will then be void after this year, and the remainder of the bonus (paid in 2020) will count against next year's cap. It's a way to push cap impact (not cash payments) into future years.
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9 of 27 players the Bears have under contract for 2023 are ghost players on void year contracts. Pace is the guy that had 8 credit cards in college maxed out and was using his 9th to buy everyone in the bar a round.
Last edited:
kalmavet
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What in the World Are "Voidable Years" and Why Are They Dominating NFL Free Agency?
If you’ve been following free agency lately, you may have noticed the phrase "voidable years" pop up in deals for Tom Brady, Taysom Hill, and other players. So what are these things, and why are teams using them?
www.theringer.com
Basically the bears bears are spreading the cap hit out over 4 years while Graham gets his money up front.
Save now to pay later. The bears have too many of these deals on their future cap imo. Colts, I believe, don't have a single one. I think the saints, bucs, and chiefs have several as well if you want to be more optimistic about it
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He had to do something to get under the cap.
Chicagosports89
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I would think they must be doing this to sign someone or extend someone right?
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Jerry Angelo and Cliff Stein > Ryan Disgrace and Joey Lame
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The Bears are gambling on the cap going up significantly....that's all this means
Instead of complaining about this, try and do a little deep accounting thinking
Instead of complaining about this, try and do a little deep accounting thinking
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Please don't create more years with Quinn. Graham's money isn't that bad but I'm sure everyone here would prefer he didn't do this
GoBears
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Thanks to the folks who explained void years to me. I think I thumbs-upped you guys, hopefully didn't miss anyone.
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