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Titans | Sirmon's contract tweaked
Thu, 2 Mar 2006 11:49:59 -0800

ESPN.com's Len Pasquarelli reports the Tennessee Titans have reworked the contract of LB Peter Sirmon to keep him with the team in 2006.


Titans | Volek adjusts contract
Thu, 2 Mar 2006 11:49:30 -0800

ESPN.com's Len Pasquarelli reports the Tennessee Titans reworked the contract of backup QB Billy Volek to keep him with the team in 2006.


Titans | Additional cap savings found
Thu, 2 Mar 2006 11:49:12 -0800

ESPN.com's Len Pasquarelli reports the Tennessee Titans saved $2.6 million in salary cap room by reworking the contracts of QB Billy Volek and LB Peter Sirmon.
 
Titans declined a club 2007-2008 option ...

(Rotoworld) Titans declined a club 2007-2008 option on LB Peter Sirmon's contract.Impact: He remains under contract for 2006 at this point.
 
Titanium said:
I'm kind of surprised that Volek restructured

He didnt have that great a year in 2005. And maybe he heard from his agent there wasnt going to be a whole lot of market for him. Especially with the uncertainty regarding free agency.
 
They are saying on 106.7 that Volek was not restructured, that he will remain under his current contract which keeps him here 2 more years.

Also, McNair was not restructured, they just paid his 1 million dollars instead of giving him the 50 mill bonus extension, and keeping him under contract. It just gives them 2 more months to restructure, or cut him. He currently will count 23 mill against the cap, and would count 13 mill if cut.
 
We still haven't gotten any official definitions of what they did. Both had their option bonuses declined. We don't know what else.

Simon couldn't have done a straight restructure afterwards because his deal has just 1 year left now. He probably had to either take a paycut or signed a new deal.

Volek has 2 years left now, but I can't see him having taken a straight paycut. He could have renegotiated to save a few hundred thou.
 
Starkiller said:
They gave Lamont Thompson his bonus. Why, oh why, did they do that???

Obviously they learned their lesson last time they cut a Cougar, and dont want to make the same mistake twice :))
 
Declining his option wouldn't. If they renegotiated his contract it would make a trade more expensive, but it doesn't sound like they renegotiated.
 
Exactly. By not paying the additional option money they simply didn't opt to add the extra years to the existing contract. They did elect to give Roos the option so he gets another year added.
 
Yes, Roos got his extra year. But they were always going to give him his money. Pacman's too, assuming he wasn't in prison...
 
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