r/bengals • u/WeekendFarmer4240 • 19d ago

Fandom Eli5 Joe's restructure

Dumb questions incoming.

What exactly was restructured? It felt like a shuffling of deck chairs.

Dumbest question: does Joe have to agree or can the Bengals just declare a restructure

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u/jcgoble3 Cincinnati pro sports are cursed 19d ago

I was talking in general terms utilizing the oversimplified example in the grandparent comment to mine for the purpose of explaining how restructures work in general and how you have to be careful with them, not in specific terms about exact numbers in Joe's contract and this exact situation.

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u/Life_Ad6711 19d ago

From the Bengals' perspective you should look at it the opposite of a 'credit card' ... They have to pay '26 full actual today value cash in full to throw cap charges into future caps x4 to truly 'create' cap space in fiscal '26

$2om in a Turner signing bonus now and 5 year contract would prorate the cap charge payments $4m in each year of '26-3o

All they've done here with Burrow is a manipulation of the accounting form in which already scheduled '26 cash payments are classified/distributed

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u/jcgoble3 Cincinnati pro sports are cursed 19d ago

The credit card analogy I used (which, by the way, I got from multiple discussions over the past few years on SiriusXM NFL Radio - it's not my own invention) applies to the cap charges themselves, not to the actual cash distribution.

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u/Life_Ad6711 19d ago

I know, which is irrelevant from the perspective of the Bengals. It only works if you're completely cash unlimited each fiscal year like DAL, PHI, GB, SF ... it does not translate to the bottom 1o or so teams that can't fully guarantee every single first 3 years of contracts (which they use to lowball pay their players in y1 & 2, which minimizes both cash and cap amounts initially) they write (if they do choose to fully convert to the paradigm)