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Around SBN: Carmelo Anthony, Amar'e Stoudemire Vow To Fit In With Lin

Chiefs Go Back To Signing Bonuses For 2nd Round Picks Dexter McCluster, Javier Arenas

For rookies Tony Moeaki, Kendrick Lewis and Cameron Sheffield, the Chiefs made a curious move that raised some eyebrows in league circles: Those draft picks were given guaranteed roster bonuses instead of signing bonuses, which was a tad unusual.

There's essentially no difference between the two in this scenario but it was a move that one league insider called "a creative move by [Scott] Pioli" and made others (including myself) wonder what they were doing.

The truth is that doing the guaranteed roster bonus for those guys was done for tax purposes. Apparently -- and I'm not well versed in the details -- they were able to save some cash down the line. It made no difference to the team or the player, so why not?

With the Chiefs second round picks, they reverted back to signing bonuses. I got my hands on the details for McCluster and Arenas:

Star-divide

McCluster got a four-year deal worth $5.15 million.

$3.15 million of that is guaranteed including a $2.24 million signing bonus and a one-time $910,000 bonus. He's also got a $210,000 bonus due in 2013.

Arenas also got a four-year deal worth $3.798 million.

$1.993 million of that is guaranteed including a $1.435 signing bonus and a one-time $558,416 bonus. He's also got a $15,0000 bonus in 2013.

I've heard the Jon Asamoah details thrown around and, while I don't have the full rundown, I do know the total value is $2.702 million with a $912,000 signing bonus. I would say I'll dig for the details and report back but, frankly, I don't think anyone really cares to get that deep into it.

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It was done for cap purposes
There’s essentially no difference between the two in this scenario but it was a move that one league insider called “a creative move by [Scott] Pioli” and made others (including myself) wonder what they were doing.

The truth is that doing the guaranteed roster bonus for those guys was done for tax purposes. Apparently — and I’m not well versed in the details — they were able to save some cash down the line. It made no difference to the team or the player, so why not?

With no cap this year, roster bonuses are a one-time deal and do not effect future cap numbers. The reason the higher picks will receive signing bonuses is because there still is a rookie cap in place for this year and roster bonuses count against that so the more money out of that pool, the less you have to pay Berry.

by bonesjackson on Jul 30, 2010 8:13 AM CDT reply actions   1 recs

I thought the same thing

And on the surface that does make sense.

But the Chiefs roster bonuses were unconditionally guaranteed so they were treated as signing bonuses (there’s a reason that they save on taxes in there but I don’t know the details).

Usually roster bonuses aren’t prorated because they’re contingent on the players doing X, Y or Z but, like I said, with the Chiefs, they were unconditionally guaranteed.

by Joel Thorman on Jul 30, 2010 8:38 AM CDT up reply actions  

Dedication...

Is it bad that my wife is in labor RIGHT NOW….and I am checking in on mobile AP???

BTW yes she knows and is ok….shes a keeper!

I have a feeling that 2010 will be a defining year for the Kansas City Chiefs. Do we become the 2001 Patriots or footballs version of the royals??

by Cowboynchrist on Jul 30, 2010 8:23 AM CDT via mobile reply actions  

I took my (at the time) 2 year old to the Chargers home game last season

I plan to take him to another game this year (haven’t decided which yet). I already have tickets for the Monday Night game, but not really the place for a 3 year old unfortunately, hehe.

They grow up so fast – congratulations!

In wondrous beauty, once again, shall the golden tables stand mid the grass, which the gods had owned in the days of old.

by Chiefs_Ragnarok on Jul 30, 2010 8:35 AM CDT up reply actions  

Congrats my man. I'll be in surgery on Monday and will be out of touch for awhile.

Hope all goes well with your little one. Again, congrats. That’s fantastic news. How exciting. Your gonna love being a daddy if this is your first.

by krayfish on Jul 30, 2010 8:48 AM CDT up reply actions  

Good luck, Kray

And tell the doc that when he makes the incision, that’s Chiefs red in there.

(In all seriousness though, good luck and speedy recovery to you)

Chiefs - back in the playoffs in 2011.

by TRSChief on Jul 30, 2010 9:26 AM CDT up reply actions  

You are a lucky man.

Here’s wishing you the best and I hope you have a healthy, happy baby Chiefs Fan!

President - Team Colquitt Fan Club - est. July 29, 2010
And the biggest NEWB on AP.

by ARROWHEADSHANE on Jul 30, 2010 9:34 AM CDT up reply actions  

Thank you everyone

We had a little girl..Justice McKenna Gray is what we named her.she is number 4 but our first girl.

Kray, I hope everything goes well with you…I will be keeping you in my thoughts and prayers!

I have a feeling that 2010 will be a defining year for the Kansas City Chiefs. Do we become the 2001 Patriots or footballs version of the royals??

by Cowboynchrist on Jul 30, 2010 10:14 AM CDT via mobile up reply actions  

Good Luck to you and your wife

I cant wait to see the NEW ARROWHEAD !!!!!!!!!!!!!!!!!!

Chiefs will be competing for a division title in 2010

by Bleedzredngold on Jul 30, 2010 8:31 AM CDT reply actions  

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