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Diggs rumors


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Just now, N4L said:

@The LBC commented in another thread that diggs is untradable. 

He would carry an additional 9m cap hit to trade due to accelerated signing bonus proration. 

The Vikings have 2 million in cap space. 

Maybe in the off-season he can be moved, but it's basically impossible to move him now. The signing bonus proration cannot be restructured out either. They are stuck with that just like the Steelers were with AB

 

If they trade him, it's basically a wash. The dead money equals the cap hits. They save like 500K. That wouldn't prohibit a trade if the right offer came along. 

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6 minutes ago, Forge said:

If they trade him, it's basically a wash. The dead money equals the cap hits. They save like 500K. That wouldn't prohibit a trade if the right offer came along. 

Incorrect. His cap his this year is 12m. His dead cap hit would be 21m. That's an additional 9m in cap hit for the prorated signing bonus that was spread out over the life of the deal that now accelerates to being due upon his trade/release. 

https://www.spotrac.com/nfl/minnesota-vikings/stefon-diggs-16872/# 

Its 3m per season for three years after this year.

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2 minutes ago, N4L said:

Incorrect. His cap his this year is 12m. His dead cap hit would be 21m. That's an additional 9m in cap hit for the prorated signing bonus that was spread out over the life of the deal that now accelerates to being due upon his trade/release. 

https://www.spotrac.com/nfl/minnesota-vikings/stefon-diggs-16872/# 

Its 3m per season for three years after this year.

No, that's incorrect. Spotrac is accounting for  the guaranteed base salary that Minnesota wouldn't be responsible for. His signing bonus was 15 million, 3/m yr, 4 years escalated = 12 million. The team acquiring Diggs would take on the guaranteed base salary, obviously. 

**edit** 

put plainly, the 21 million in dead cap space would be accurate if the vikings cut him. Not if they traded him. 

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Just now, Matts4313 said:

to whom?

He hasn't been great, but come on, he isn't the worst QB in the league.  There are probably a number of teams out there who could improve their team by adding Cousins.  He probably won't win you a Super Bowl, but he's better than a lot of the scrubs that are starting in this league.

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*hopeful Bills fan** He just followed 4 Bills players on IG the other night. 

 

Would be shocked if the Bills got him but if they did, wouldn't be shocked if they have a deal in place and will announce it after this week when the Bills are on a bye. Elite defense, 3-1 in a weak AFC and need someone opposite John Brown. Surround JA with as much talent as you can and see what happens. 

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10 minutes ago, Forge said:

No, that's incorrect. Spotrac is accounting for  the guaranteed base salary that Minnesota wouldn't be responsible for. His signing bonus was 15 million, 3/m yr, 4 years escalated = 12 million. 

Ok, so what you are saying is that the base salary of 8.9m will be paid by the future team and therefore reducing the cap hit for him? Good point. 

His base salary is 8.9m. Players get paid for 17 weeks (even during the bye). So his weekly check is $523,529. 13 weeks remaining means 6,805,882 savings for the Vikings if they trade him today. The 9 million signing bonus acceleration is unavoidable though, so that is still 2,194,117 in extra cap space to trade him, with that figure going up by $523,529 every week that he doesn't get traded. The Vikings have 1.6m in cap space. They could restructure someone else to make that happen, I guess. Still seems unlikely. 

EDIT: 3 million of the 12 you quoted is already factored into his current cap hit and would not change, yes it would be 12m in prorated salary cap, but only 9m of that is 'new'

Edited by N4L
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4 minutes ago, Uncle Buck said:

He hasn't been great, but come on, he isn't the worst QB in the league.  There are probably a number of teams out there who could improve their team by adding Cousins.  He probably won't win you a Super Bowl, but he's better than a lot of the scrubs that are starting in this league.

But is he good enough to give up a draft pick *AND* pay him mega bucks?

again, who would do it?

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Just now, skywindO2 said:

Maybe just wishful thinking as a Vikings fan but I don't think Diggs is going to get traded and a lot of this is getting blown out of proportion. 

That's pretty much what I'm thinking too.  Then again, you never know what can happen when things like this get started and take on a life of their own.  I remember the reaction of Broncos fans back when people started saying Jay Cutler might be traded.  They all said there was no way it would possibly happen.  Next thing we knew, he was off to Chi-Town.

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1 minute ago, Matts4313 said:
6 minutes ago, Uncle Buck said:

There are probably a number of teams out there 

But is he good enough to give up a draft pick *AND* pay him mega bucks?

again, who would do it?

Zero is a number, right? 

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Just now, N4L said:

Ok, so what you are saying is that the base salary of 8.9m will be paid by the future team and therefore reducing the cap hit for him? Good point. 

His base salary is 8.9m. Players get paid for 17 weeks (even during the bye). So his weekly check is $523,529. 13 weeks remaining means 6,805,882 savings for the Vikings if they trade him today. The 9 million signing bonus acceleration is unavoidable though, so that is still 2,194,117 in extra cap space to trade him, with that figure going up by $523,529 every week that he doesn't get traded. The Vikings have 1.6m in cap space. They could restructure someone else to make that happen, I guess. Still seems unlikely. 

 

Yes, guaranteed base salary transfers to new teams. There's nothing prohibitive in the way the contract is set right now that would prevent a trade if the right offer came along. I find it unlikely from a standpoint of just football reasons, but the money wouldn't be a problem. 

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1 minute ago, Matts4313 said:

But is he good enough to give up a draft pick *AND* pay him mega bucks?

again, who would do it?

Not to pay him mega bucks.  The Vikings would likely have to eat the difference between his current contract and what he signed for with the new team.  I'm no salary/cap expert, so I don't know how it would be done, but I would guess that it could be.  He also has a no-trade clause in his contract, so there is also that to deal with.

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