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Thread: Webnews: Ryan Harris announces hes signed with Chiefs

  1. #1
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    Post Webnews: Ryan Harris announces hes signed with Chiefs


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    By Josh Alper
    Tackle Ryan Harris spent the first four years of his career as a member of the Broncos, so he’s familiar with being on the opposite side of the field from their AFC West rivals in Kansas City. Now Harris is going to get a chance to see how the other half lives. Harris announced on
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    Anybody have any idea what we are paying him? For that matter, why are we signing free agents when we desperately need to get Alex Smith and Justin Houston signed?

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    At this point I would assume Vet Minium. His Salary is most likely insignificant towards the cap.

    Generally, the practice of retaining veteran players who had contributed to the team in the past, but whose abilities have declined, became less common in the era of the salary cap.[10] A veteran's minimum salary was required to be higher than a player with lesser experience, which means teams tended to favor cheaper, less experienced prospects with growth potential, with an aim to having a group of players who quickly develop into their prime while still being on cheaper contracts than their peers. To offset this tendency which pushed out veteran players, including those who became fan favorites, the players' association accepted an arrangement where a veteran player who receives no bonuses in his contract may be paid the veteran minimum of up to $810,000, while accounting for only $425,000 in salary-cap space (a 47.5% discount).

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    Thank you for the education Seek! I was not familiar with the "Veteran Minimum". Today was a good day. I learned something.

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