1. To unlock all of features of Rams On Demand please take a brief moment to register. Registering is not only quick and easy, it also allows you access to additional features such as live chat, private messaging, and a host of other apps exclusive to Rams On Demand.

Wells restructures contract

Discussion in 'RAMS - NFL TALK' started by RamzFanz, Jun 9, 2014.

  1. LesBaker

    Mr. Savant
    Expand Collapse

    Joined:
    Aug 23, 2012
    Messages:
    8,783
    Likes Received:
    5,665
    Gender:
    Male
    A fuel head of hair.
     
  2. Tron

    Fights for the User
    Expand Collapse

    Joined:
    Jun 1, 2013
    Messages:
    4,881
    Likes Received:
    4,147
    Gender:
    Male
    Location:
    The Grid
    You should of said something :sneaky:
     
  3. flv

    flv
    
    Expand Collapse

    Joined:
    Nov 3, 2013
    Messages:
    5,086
    Likes Received:
    3,138
    Location:
    Bournemouth, UK
    I is also be member of da grandma po-lease. Dere in not be enouf grandmas on dis here forum!

    [​IMG]
     
    ReddingRam likes this.
  4. junkman

    Farewell to all!
    Expand Collapse

    Joined:
    Jun 3, 2014
    Messages:
    819
    Likes Received:
    1,401
    Gender:
    Male
    Location:
    Chesterfield, Missouri
    I wonder if they have plans for that extra cap room? Veteran swing tackle, perhaps, in case JLong has a setback? LB depth?
     
  5. BonifayRam

    Hall of Fame
    Expand Collapse

    Joined:
    Jan 14, 2013
    Messages:
    4,076
    Likes Received:
    2,929
    Gender:
    Male
    Location:
    NorthWest Florida near the bama line
    (y) Great move by Wells!
     
  6. kurtfaulk

    Hall of Fame
    Expand Collapse

    Joined:
    Sep 7, 2011
    Messages:
    3,249
    Likes Received:
    2,380
    i'm pretty sure he didn't do it out of the goodness in his heart.

    but if you're saying it was a great move to take that deal instead of trying his luck on the open market i wholeheartedly agree with you.

    .
     
  7. Boffo97

    Still legal in 17 states!
    Expand Collapse

    Joined:
    Feb 10, 2014
    Messages:
    5,280
    Likes Received:
    3,760
    Gender:
    Male
    Yeah... it was most probably a take this or see ya type move.

    That's why I never get it when fans call for people who KNOW the team isn't about to cut him to restructure. THOSE kind of restructures aren't ever pay cuts.
     
  8. Ram Quixote

    Knight Errant
    Expand Collapse

    Joined:
    Jul 10, 2010
    Messages:
    2,860
    Likes Received:
    894
    Occupation:
    Preoccupation with Rams
    Location:
    A hop, skip and a commute from Qwest Field
    Apparently not. The typical animal that makes that noise is a pig, routing for food, or a wild boar warning off intruders.
     
    RamFan503 likes this.
  9. OldRock

    Rookie
    Expand Collapse

    Joined:
    Jun 3, 2014
    Messages:
    294
    Likes Received:
    260
    Gender:
    Male
    I think you you're right about the other options at C. Those young lions roaring behind the door probably had more to do with his decision than the goodness of his heart. Either way, good deal for the Rams!
     
    NJRamsFan and -X- like this.
  10. OldRock

    Rookie
    Expand Collapse

    Joined:
    Jun 3, 2014
    Messages:
    294
    Likes Received:
    260
    Gender:
    Male
    I know, late. Slow typing.
     
    NJRamsFan likes this.
  11. ramsince62

    Hall of Fame
    Expand Collapse

    Joined:
    Aug 2, 2010
    Messages:
    1,602
    Likes Received:
    367
    Gender:
    Male
    Occupation:
    Nada
    Location:
    North Texas
    I know, before I read your post, I was debating about mentioning it. This happens all too often throughout media and online publishing.
     
  12. Boffo97

    Still legal in 17 states!
    Expand Collapse

    Joined:
    Feb 10, 2014
    Messages:
    5,280
    Likes Received:
    3,760
    Gender:
    Male
    Ah reckon he done redid dat dere contract.

    (And before anyone asks, I have no idea exactly what accent I'm emulating there.)
     
  13. jjab360

    Hall of Fame
    Expand Collapse

    Joined:
    Jan 21, 2013
    Messages:
    4,820
    Likes Received:
    4,497
    This is why Wells is on the team and Dahl isn't. Shrewd move by Demoff and co., but it had to be done. One thing I will say is that we will never have to worry about our cap management under this guy, I can't believe how stupid the previous FOs were to let us get into so much financial trouble.
     
  14. FRO

    FRO
    Hall of Fame
    Expand Collapse

    Joined:
    Jun 1, 2013
    Messages:
    4,186
    Likes Received:
    4,722
    We need to make sure we never lose Demoff. His is outstanding in everything he does. If this regime failed it won't be his fault.
     
  15. Rambitious1

    Hall of Fame
    Expand Collapse

    Joined:
    Feb 4, 2013
    Messages:
    2,135
    Likes Received:
    817
    Gender:
    Male
    Occupation:
    Arbitration Judge
    Location:
    California
  16. RamBill

    Hall of Fame
    Expand Collapse

    Joined:
    Jul 31, 2010
    Messages:
    8,389
    Likes Received:
    3,606
    Wells contract gives Rams cap relief
    By Howard Balzer

    http://www.ksdk.com/story/sports/nfl/rams/2014/06/09/scott-wells-st-louis-rams-contract/10263215/

    (KSDK SPORTS) - Last Thursday, Rams starting center Scott Wells had an excused absence from the team's second OTA. He was working Friday, the same day he signed a restructured contract that covers the final two seasons of the four-year deal he originally signed as an unrestricted free agent in March, 2012. That original contract totaled just over $24 million and included a signing bonus of $4 million.

    For 2014 and 2015, Wells was scheduled to be paid $5.5 million each year and have a salary-cap charge of $6.5 million, which included $1 million as the proration from the signing bonus.

    The restructured deal slashes his base salary each year, while also providing ways for him to earn money from incentives.

    This year, Wells' base salary will be $1 million and he received a $1.65 million roster bonus Monday. There is also a $53,125 bonus for every game he is active during the regular season for a total of $850,000 if he is active for all 16 games. Of that total, $637,500 currently counts against the cap because he was active for 12 games last season. Thus, 12 games from the bonus are considered likely to be earned and the other four games not likely to be earned because those and other bonuses are based on what the player did the year before.

    The restructuring lowers his cap charge this year from $6.5 million to $4,287,500, a savings of just over $2.2 million. The $1 million from his original signing bonus continues to count against the cap.

    In 2015, the Rams will have a decision to make on the third day of the league year, and much could depend on the progress second-year center Barrett Jones makes this year, how well Wells plays this season and if he can stay healthy. Wells will turn 34 on Jan. 7, and he will be due a $1 million roster bonus on the third day of the new league year in March.

    If the Rams move on from Wells, he will count just $1 million against the 2015 cap. If they pay him the roster bonus, his new base salary of $2 million will then count against the cap, along with a potential $1 million roster bonus ($62,500 per games active) plus the signing bonus proration for a total cap charge of $5 million.

    Also included in the new contract are $2 million of unlikely to be earned incentives each year. While the specifics aren't known, those incentives are tied to playing time, playing time plus playoffs and making the Pro Bowl.

    Howard Balzer hosts "H and Friends" Monday-Friday from 9-11 on Fox Sports 1490 The Champ. He is also a host on SiriusXM NFL Radio and one of 44 selectors for the Pro Football Hall of Fame.
     
  17. flv

    flv
    
    Expand Collapse

    Joined:
    Nov 3, 2013
    Messages:
    5,086
    Likes Received:
    3,138
    Location:
    Bournemouth, UK
    @RamBill, thank you for the contract details and clarification. I had assumed that the Rams would convert the $1.65M to a signing/restructure bonus rather than a roster bonus which would have counted as $825K in both 2014 and 2015 for cap purposes. I'm sure the Rams had a reason for not doing so.
     
  18. mr.stlouis

    Hall of Fame
    Expand Collapse

    Joined:
    Sep 7, 2011
    Messages:
    6,454
    Likes Received:
    3,430
    Gender:
    Male
    Occupation:
    Diesel Engine Dissassembly
    Location:
    Morrisville, Missouri
    He's not getting cut this year.
     
  19. BonifayRam

    Hall of Fame
    Expand Collapse

    Joined:
    Jan 14, 2013
    Messages:
    4,076
    Likes Received:
    2,929
    Gender:
    Male
    Location:
    NorthWest Florida near the bama line
    With the Rams having being four deep @ centers Wells-Barnes-Jones & Rhaney ready to go behind him.....the 33 yr old center is smart enough to know the right move for him and his family. This move keeps him here for the next two seasons. It also provides the Rams to utilize the other three interior OL'ers elsewhere as needed. Helps to beef up the OL depth. Both Barnes & Jones can play OG if need be.
     
  20. rhinobean

    Hall of Fame
    Expand Collapse

    Joined:
    Jul 19, 2013
    Messages:
    2,152
    Likes Received:
    917
    Gender:
    Male
    Occupation:
    retired
    Location:
    STL
    What about, Grandpas? I'm one and I vote! Can't get a smiley to pop up! Need to run the Norton!