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- - The cap (http://www.coltfreaks.com/forum/showthread.php?t=79772)

njcoltfan

08-24-2019 11:13 PM

The cap

Does anyone know the cap ramifications with Lucks quitting? There is still 3 years left on his contract worth 68mil, I think.

Hoopsdoc

08-24-2019 11:17 PM

There is a sizable dead cap hit I believe.

Butter

08-24-2019 11:21 PM

I am not sure how it works since he retired and if the Colts will/can go after a prorated part of his signing bonus. The shockingly shitty things about this timing is I think he got a 12 mill roster bonus this year. Looks like this was sort of the out year on his contract saving us 3 mill this year only counting 6.4 mil in 2020 then off the books. I am not sure how that roster bonus works into those numbers.
https://www.spotrac.com/nfl/indianap...rew-luck-9811/

Butter

08-24-2019 11:23 PM

Quote:

Originally Posted by Hoopsdoc (Post 127340)

There is a sizable dead cap hit I believe.

Looks like 24.8 mil this season and 6.4 next. Both are less than his cap hit would be, so it is not crippling.

Butter

08-24-2019 11:58 PM

Here is a better answer,

Quote:

Spotrac@spotrac
Andrew Luck had 3 years, $64M left on his contract including a $6M roster bonus to be paid 9/17/19. He earned $97.1M in his short career w/ the #Colts. He leaves behind $24.8M of dead cap split as $18.4M in 2019 & $6.4M in 2020.

https://twitter.com/spotrac/status/1...349609472?s=20

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