He has already been paid 27 mil out of a 30 mil guaranteed contract except his actual guarantee is only for 27 mil. The extra 3 comes in a clause that guarantees him money in case of catostrophic injury.

So that makes sense that he only has 3 mil left in guaranteed money EXCEPT the pro rated portion of his signing bonus which is accelerated if he is cut. We already paid it but it counts against the cap. 6.6 mil (2.2 per year for next 3 years).

If we release him before march 15th, we don't have to actually pay him the 3 mil.

The base salary becomes completely guaranteed on the fifth day of the league year so that adds the 3 mil to his base of 9.85 mil.



Edited 1 time(s). Last edit at 02/24/2015 07:10AM by JoeFootball.

JoeFootball Wrote:
-------------------------------------------------------
> I take part of that back. Only 3 mil of the base
> salary becomes guaranteed on March 14th according
> to Spotrac
>
> Basically he is due no further money if we release
> him prior to 3-14.
>
> Maybe we can trade him to the Colts for #29.

How about Wallace and #14 to Oakland for #4?

THE Truth Wrote:
-------------------------------------------------------
> JoeFootball Wrote:
> --------------------------------------------------
> -----
> > I take part of that back. Only 3 mil of the
> base
> > salary becomes guaranteed on March 14th
> according
> > to Spotrac
> >
> > Basically he is due no further money if we
> release
> > him prior to 3-14.
> >
> > Maybe we can trade him to the Colts for #29.
>
> How about Wallace and #14 to Oakland for #4?

So trade Wallace and Jaelen Strong for Kevin White or....

Wallace and Melvin Gordan for Kevin White

Wallace for Jalean Strong and Malcomb Brown (or Melvin Gordan)

I'd go with two players myself.



Edited 1 time(s). Last edit at 02/24/2015 07:57AM by JoeFootball.

I'd rather keep him but if I have to get rid of Wallace I'd prefer to use him to move up to #4.

I'd rather have #4 than #14 & 29.

Worst case I take white or Cooper to replace Wallace. Might end up selling that pick to someone who's in love with mariotta.

Then there's this....

Omar Kelly ?@OmarKelly 2h2 hours ago
I've actually been told recently by a couple of good sources that Mike Wallace isn't going anywhere. We'll learn if that's true on March 15.

We shall see

I think the deadline is March 14th. If we don't trade him before that I think he gets released, even if they use the June 1st designation. I don't see them paying him 3 mil just to release him after June.

I also don't see any trading partners with a guy like Torrey Smith out there for teams needing a deep threat. He doesn't cost draft picks. When you figure in all the talent in the draft....doesn't look good.

Hold on, so if they release him before the March 3, he only counts against the cap $6.6m, the amount of the accelerated signing bonus?

Forget about wallace he is a gonner One way or another...


Chris Perkins ?@chrisperk 14m14 minutes ago
Mike Wallace not willing to restructure his contract with #Dolphins

NFL Now ?@NFLNow 53m53 minutes ago
"The @MiamiDolphins are exploring trading @Wallace17_daKid."

question--when has it ever worked out in our favor when we dump a good player? vontea, welker, dansby, brandon marshall.
are we really going to play the "cap savings" or "mid round pick" as savior game again? It never works, and with this clown show running things, it is certain to fail again
what other team consistently does this? I can't think of one....

________________________________________________________
The beatings will continue until morale improves.

Dumping Davis worked, we got picks and we got Grimes. Now, the problem is we did no do much with the picks but we still got the players and Grimes, for Davis who was not better than Grimes.

Marshall is a primadonna and a volume receiver. He needs 150 targets, he is unhappy if he's not fed. We got picks for him, and Grimes shut him down. Don't forget how miserable he was when Grimes shut him down last season. Now, we got Wallace, and we got picks for Marshall. The problem is again, how we used those picks, and Wallace wants more targets, he is discontent.

The probllem with the team is not losing those two bums. The problem is how this team has drafted over the years.

Oh well. I am not worried. They will get another receiver. There are some good ones in this draft, even in very late rounds. We have a new manager, new OC, Tennenbaum is there. There is new stuff, so hopefully there is better evaluation and picks in the draft than in the past.



Edited 1 time(s). Last edit at 02/26/2015 05:18PM by thegreathoo.

For a pro bowl quality wr and cb, we got mike egnew, will Davis, and jamar taylor. We dumped dansby for ellerbe who we overpaid and will cut bc he is horrible. We coulda had grimes regardless as he was a fa we got the year after trading davis, there no connection between the moves.
How again were these good moves?

________________________________________________________
The beatings will continue until morale improves.

It's not the "moves" that were good because that encompasses the draft picks we wasted AFTER the fact. In theory, the decisions were not as ridiculous. I would not group them all together as equal but I understand each one.

Marshall: Do you really want to saddle a rookie QB with a diva receiver (who has a personality disorder) and, who in his face every time he makes a mistake?

Davis: You're trying to build a certain chemistry in the locker room and you have baby face showing up drunk and taking potty breaks when the men are trying to work.

Dansby: Let's not forget the lack of dedication he had once he got paid. He was not good until his final year here. He showed up fat and was only motivated once he left with a chip on his shoulder and had to work for a new contract.

(Those three did not take the next step UNTIL they were shown that they were expendable)

Barnett: Declined quickly after he left. He has been unemployed for a year at stunk his final year.

The point is to rid Miami of the Irish stench. One of the final parts of that are the ridiculous contracts Ireland handed out. Wallace, Hartline, Ellerbe, Wheeler, etc.

We have no choice but to make some moves. We don't even have cap room to sign draft picks this year.

Nobody is going to trade ANYTHING for Mike Wallace, mainly because of the 10 mil they would have to pay this year. Torrey Smith is just as good, won't cost as much (12 mil per year) and does not cost draft picks. All teams have to do is wait until March 4th when we release him and they can sign him the next day for 7-8 mil. Otherwise he will sit on the FA list for a few weeks. It's not like he is a complete receiver. Let's not forget he QUIT on the team, twice.

I heard a former GM bring up a question in regards to another player in the league...

"Why are YOU more important than the team?"

So, do you pay him 3 mil in March and then another 7 throughout the year not knowing when he will quit again? Will he work just as hard now that he knows the team tried to trade him? Asked him to take a pay cut? I doubt it.



Edited 1 time(s). Last edit at 02/27/2015 02:22AM by JoeFootball.

"Why are YOU more important than the team?" You gotta ask that question when you sit face to face for the first time. And establish in the first 3 minutes of the conversation that he is not.
Stop signing clowns. Also have a coach that can convert characters into players. You brought the character in work w/ it stop bitching about it.

Phins will dump 10 mil in the toilet w/ Wallace this year. I wish they would bring him back. The guy did give them 10 tds last year. If he is not salvagable just cut him. Stop all the feminine he said this and did that in the press. Devote your attention to other areas this freaking time has not broken .500 in the past 3 years. There are other problems than Wallace.

mizzou15 Wrote:
-------------------------------------------------------
> "Why are YOU more important than the team?" You
> gotta ask that question when you sit face to face
> for the first time. And establish in the first 3
> minutes of the conversation that he is not.

What good does that do? First off, when you are recruiting and trying to sign a high target FA before other teams get to him, I doubt many GM's are doing much preaching.

You can ask beforehand all you want but actions speak louder than words. The guy can say anything to get that money but what he does after that is anyone's guess.

> Stop signing clowns. Also have a coach that can
> convert characters into players. You brought the
> character in work w/ it stop bitching about it.

Agreed on that point. Philbin needs to learn how to be a coach/mentor. He doesn't have the luxury of pretending to be Bellichick and depending on your vets to teach the "Patriot way".

I may eat these words later, but I think the Phins have to in some ways evaluate the value of NOT giving up on talent in the Wallace case. By that I mean that if they are willing to give talented players lots of money to come play in Miami, and those players know that to get out after they've taken the money all they have to do is be a problem, then that reputation will ultimately cost the team (and probably already has) in terms of the talent they're able to field. I.e. the talent they field costs them more than the same talent on a team without the shenanigans. Or, another team can get more player for the money and therefore field an overall more talented team.

If they cut Wallace, they save about $6 million...is that worth perpetuating the reputation and cycle?

Dolphins must cut Mike Wallace before March 10 if the Phins want to cut him at all, otherwise the cap hit is bigger, taking into consideration 2016. If he is not cut by March 10, I don't expect him to be cut.

He could still be traded tho.
Wallace is set to make $9.9, $11.5 and $11.5 million in the next 3 seasons respectively with $3 million guaranteed. That is the essence of his remaining 3-year contract. A team interested in Wallace may look for a trade because of the low guarantee number on this 3-year contract, rather than waiting for him to hit free agency and command larger guaranteed portion, like $15 million guaranteed, even if the annual salary would be lower like $7 mil.

thegreathoo Wrote:
-------------------------------------------------------
> Dolphins must cut Mike Wallace before March 10 if
> the Phins want to cut him at all, otherwise the
> cap hit is bigger, taking into consideration 2016.
> If he is not cut by March 10, I don't expect him
> to be cut.
>
> He could still be traded tho.
> Wallace is set to make $9.9, $11.5 and $11.5
> million in the next 3 seasons respectively with $3
> million guaranteed. That is the essence of his
> remaining 3-year contract. A team interested in
> Wallace may look for a trade because of the low
> guarantee number on this 3-year contract, rather
> than waiting for him to hit free agency and
> command larger guaranteed portion, like $15
> million guaranteed, even if the annual salary
> would be lower like $7 mil.


I've been thinking about this...why bother deferring any money on these cuts to next year?

Are there any names you expect in free agency to be worthy of throwing big bucks at?

I don't see it. Maybe an elite OG, but is there one out there?


I think we can fill our biggest needs this year without breaking the bank.

Why not take the full cap hits this year so that we have that much more the next year?

thegreathoo Wrote:
-------------------------------------------------------
> I've been thinking about this...why bother
> deferring any money on these cuts to next year?
>
> Yep. On the Wallace contract, if he is cut before
> Mar 10, he hits us with $6.6 accelerated bonus in
> 2015 and that's it. But if he is cut after March
> 10 as June 1 cut, he hits us for $5.2 cap hit in
> 2015 and $4.4 in 2016. It makes no sense to cut
> him after Mar 10 if they want to cut him. They
> have to do it now. It will be interesting to see
> if the Ravens' owner was right that no one thinks
> Wallace is worth $10 million a year, in spite of
> the low $3 million guarantee in his
> contract--we'll see if anyone goes for the trade.
> It's also interesting that the Phins asked him to
> restructure, which would make a trade more
> palatable to an interested team. I wonder if the
> Phins got some feedback from teams that $10
> million is too rich. My expectations is, they will
> dangle him until Mar 6-7, another week, and then
> make the decision. If he is scheduled to be cut,
> he will not be a J1 cut, it would not make
> financial sense, they will cut him before Mar 10.
>
>
>
> Are there any names you expect in free agency to
> be worthy of throwing big bucks at? I think Cobb
> is worth the money because he is a known commodity
> and fits. I think Phins can get Cobb for Wallace
> money. Obviously Suh as well.
>
>
> I don't see it. Maybe an elite OG, but is there
> one out there? I am not familiar with impending FA
> guards. One name that keeps popping up is Orlando
> Franklin. I don't see him as a big ticket FA.
> Rather in the $5 million, Louis Vasquez range, at
> best.
>
>
>
> I think we can fill our biggest needs this year
> without breaking the bank.The biggest needs are DT
> and FS. Odrick's 800 snaps must be replaced, and
> replaced better. The only FS on the roster is
> Aiken. Those two are really needs. Delmas is
> likely to cost another $2-3 mil for a year. I
> don't consider that breaking the bank. I am
> concerned about DT a little. That's why DT at 14
> would make sense, but it has to be a homerun. I
> agree that the Phins do not have to break the bank
> on those big needs.
>
> If they lose Wallace, considering they just cut
> Gibson and Hartline, they must find a reliable
> producer at WR, and that would require breaking
> bank--Cobbs.

I like Cobb, but he's a slot receiver.

We have a slot guy in Landry. I don't see us paying Cobb 9 mill a year to see if he can play outside full time.

there is no available WR worth what we are paying wallace. if we dump him the only thing that makes sense to replace and get a true #1 WR is to spend our #1 on one. I guess this is Hicky's plan. He thinks he can draft guys better than what we have at low cost. He was right on Landry last year so we will see. The problem is that spending 1st and 2ds on WR means we can't use them on D, which is really needing young good talent added

________________________________________________________
The beatings will continue until morale improves.

Orlando Franklin at 5 mil per year? Not likely.

Andy Levitre got 7.8 mil and sucked at tackle.

Louis Vasquez was closer to 6 than 5. (5.875)...and doesn't play tackle...and on last years market.

O.F. is a RT first (at a high level) and a LG second....and he does not fit zone blocking anyway.



Edited 1 time(s). Last edit at 02/28/2015 02:29PM by JoeFootball.