we're only taking on 5m of his deal (4m of his deal was signing bonus)
also btw the 8m in cap space you're talking about is without the earl thomas grievance added so we'd be at 4m in cap space with that grievance filed (40% of the 10m in dispute)
still interesting to see what the move is to free up some space to fit this deal in under the cap - most likely a marcus peters restructure you have to think to free up potentially up to 4m by converting the rest of his base salary from this year (down to the vet minimum) into signing bonus
but yeah the amount we're taking on from ngakoue is actually 11/17 of the 8m base salary he had
So I did miss the signing bonus part, so you're correct on that.
I do need to confirm whether the $4M grievance is included. Its listed in yellow in the analysis, but I don't know if he's including it in the total.
https://russellstreetreport.com/salarycap/
So its either $8M or $4M in cap space, which if its $4M, it obviously still requires a restructure. At $8M, maybe not, but its also thin, and any significant injuries would warrant one.
Agree that Peters would seem to be the logical choice for the restructure.
Edit:
If you follow what Spotrac has, which now includes the $5.1M for Yannick, we should be like $0.4M over the cap actually.
They show $6.4M over, but they're including all of ET's dead money (the full $15M), which should really be $9M based on the 40% grievance.
So I think its fair to say a restructure is coming in the next few days regardless.