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  1. #1
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    Updates on Derek Wolfe and Earl Thomas

    Follow me on Twitter @RSRLombardi





  2. #2
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    Re: Updates on Derek Wolfe and Earl Thomas

    UPDATE AND CLARIFICATION:

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  3. #3
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    Re: Updates on Derek Wolfe and Earl Thomas

    Question - They voided some guarantees on Earl. Did they immediately get to keep those savings, or was he still fully hitting the cap previously?

    And given that the cap rolls over nowadays, if his voided guaranteed cap space was still on their prior cap, would they gain that back?


    OR, did they still get immediately cap relief on Earl's guarantees the minute they terminated him for cause, and thats why its now just a 1.5 million loss on our cap in terms of the settlement?





  4. #4
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    Re: Updates on Derek Wolfe and Earl Thomas

    Quote Originally Posted by ClericBlackDave View Post
    Question - They voided some guarantees on Earl. Did they immediately get to keep those savings, or was he still fully hitting the cap previously?

    And given that the cap rolls over nowadays, if his voided guaranteed cap space was still on their prior cap, would they gain that back?


    OR, did they still get immediately cap relief on Earl's guarantees the minute they terminated him for cause, and thats why its now just a 1.5 million loss on our cap in terms of the settlement?
    The Ravens received $10M in Cap savings by voiding his 2020 salary for cause. There should have been a $4M placeholder charge applied to the Cap when the grievance was filed, but for whatever reason, there never was. So, there’s no savings at this point, just the $1.5M settlement charge.

    Brian and I are going to do a short podcast on this topic in about an hour. I will post it shortly thereafter.
    Follow me on Twitter @RSRLombardi





  5. #5
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    Re: Updates on Derek Wolfe and Earl Thomas

    Quote Originally Posted by TL24x7 View Post

    Brian and I are going to do a short podcast on this topic in about an hour. I will post it shortly thereafter.
    And neither of you is getting $1.5M for doing it


    but a thanks from here
    at one point of my life I was exactly Pi years old





  6. #6
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    Re: Updates on Derek Wolfe and Earl Thomas

    Brian McFarland and I discuss the salary cap impact of the settlements reached between the Ravens, Derek Wolfe and Earl Thomas. The 10 minute chat will soon be available wherever you get your podcasts. Until then, listen in at THIS LINK
    Follow me on Twitter @RSRLombardi





  7. #7

    Re: Updates on Derek Wolfe and Earl Thomas

    What was the original number they were negotiating from? From what I have read the going rate seems to be around 20 percent. I wonder how they arrived at the 1.5M number.





  8. #8

    Re: Updates on Derek Wolfe and Earl Thomas

    He could have really needed the money





  9. #9
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    Re: Updates on Derek Wolfe and Earl Thomas

    Is there any link I don’t have to sign in for or have an app?
    at one point of my life I was exactly Pi years old





  10. #10
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    Re: Updates on Derek Wolfe and Earl Thomas

    Found one that played it for me.
    Gave a pop-up asking to sign in or register, but did play the podcast for me without me doing anything else. Link in case anyone else needs it https://podyssey.fm/podcast/itunes15...e-Front-Office
    at one point of my life I was exactly Pi years old





  11. #11
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    Re: Updates on Derek Wolfe and Earl Thomas

    Quote Originally Posted by TL24x7 View Post
    Brian McFarland and I discuss the salary cap impact of the settlements reached between the Ravens, Derek Wolfe and Earl Thomas. The 10 minute chat will soon be available wherever you get your podcasts. Until then, listen in at THIS LINK
    Awesome explanation! Thanks!





  12. #12
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    Re: Updates on Derek Wolfe and Earl Thomas

    at one point of my life I was exactly Pi years old





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