Finnegan to the Fins

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VARAMS

UDFA
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Feb 20, 2014
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Dano
Better be prepared for him getting cut with Rams losing out on the $3M salary cap relief. I really don't see him worth anything more than depth on any team - his starting days look to be over. Sorry to be so tough on Finnegan but he really tanked after a solid start in his first year with Rams.
 

Ky Ram

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Better be prepared for him getting cut with Rams losing out on the $3M salary cap relief. I really don't see him worth anything more than depth on any team - his starting days look to be over. Sorry to be so tough on Finnegan but he really tanked after a solid start in his first year with Rams.
It all depends on his health. If he's healthy then he makes the roster and has some impact (realy hard to tell what he has left based on last year).
If hes stil got nagging injuries I doubt he makes the roster.
 

RamFan503

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http://espn.go.com/nfl/story/_/id/10608856/miami-dolphins-sign-cb-cortland-finnegan-two-year-deal
Finnegan, who has no agent, represented himself in contract talks. The former St. Louis Rams cornerback said he spoke with a lot of general managers and coaches around the NFL, but his only free-agent visit was to Miami.
"It was a great experience," he said. "If I was like four years in the league, it would be cool to have an agent. The older you (are), you can understand where your market value is."

What is it they say? He who acts as his own agent has a fool for a.... Oh wait. He was negotiating with the Dolphins. Never mind.
 

CGI_Ram

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Burger man
The Dolphins are starting to look like a southern version of the Browns.
 

RamsJunkie

ARE YOU NOT ENTERTAINED!
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Great news! was thinking this was the case after hearing the contract was for 11 mil. I believe that clears 3 mil in cap space.
 

RamBill

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Rams benefit from Finnegan's Miami deal
By Nick Wagoner

http://espn.go.com/blog/st-louis-rams/post/_/id/6824/rams-benefit-from-finnegans-miami-deal

EARTH CITY, Mo. -- The departure of cornerback Cortland Finnegan to the Miami Dolphins will not yield anything in terms of compensatory picks for the St. Louis Rams next year because the Rams released Finnegan on the first day of free agency.

Instead, the Rams will receive their parting gift much sooner from Finnegan's departure. Details of Finnegan's two-year, $11 million deal came out Monday afternoon. The contract includes $5.5 million in guaranteed money including the entirety of his $3.5 million 2014 salary.

Put simply, that contract will save the Rams an additional $3 million in salary-cap space.

Taking it a little further and into the details of the cap, the Rams will receive the "full offset" of a $3 million roster bonus he had in his contract with St. Louis. That bonus had offset language surrounding it which allowed the Rams to recoup that money if and when Finnegan signed elsewhere.

In this case, Finnegan's 2014 guaranteed salary in Miami is $3.5 million. The bonus with the Rams was $3 million. Obviously, the guaranteed salary in Miami exceeds the bonus from the Rams so they realize all of that $3 million in savings.

If, for example, Finnegan had signed for $2 million, that money would have gone back to the Rams but the additional $1 million from the bonus would have counted against St. Louis.

At the time of Finnegan's release, the Rams immediately saved $4 million in salary-cap space. Finnegan's deal with Miami brings that total to $7 million in savings.

Offset language is more commonly associated as something teams and draft picks haggle over but the idea of it is to prevent players from double dipping from two teams. Finnegan actually acted as his own agent in his free-agent venture.
 

Alan

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Oct 22, 2013
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Well, we don't don't have to worry about having to subtract any compensatiry picks because of the great play of other teams FAs we signed. So there's that to look forward too.

We'll probably get a couple of 4th rounders for Smith and Williams. :)
 

RamFan503

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You have to wonder if Finn had an inside line to KD's dad when he was going through the negotiation process. Why wouldn't dad want to save his son's team a few million?