Steelers Can Rescind and Get Compensation for Bell

[LakecrestSteeler]

Steelers can still rescind franchise tender, get compensatory draft pick for Le’Veon Bell

Interesting! Don’t believe this angle was known or discussed on the board. Thought it warranted a thread.



https://profootballtalk.nbcsports.com/2018/09/25/steelers-can-still-rescind-franchise-tender-get-compensatory-draft-pick-for-leveon-bell/amp/

Cliff notes:

Per a source with knowledge of the situation, if the Steelers rescind the franchise tender, Bell’s departure (if/when he signs with a new team) would count toward the Steelers’ overall free-agency losses in 2018 when calculating compensatory draft picks fore 2019, even though the deadline for getting such credit has otherwise passed. Thus, if Bell’s departure leads, loosely speaking, to a third-round compensatory pick for the Steelers, the Steelers necessarily would need something better than that to justify a trade — unless one of the goals of a trade would be, for example, to send him to an NFC team or, at a minimum, a non-AFC North team.

_________________
Important update to the article:

UPDATE 10:35 p.m. ET: Although the Steelers would be eligible for compensatory draft pick compensation, Bell’s departure would put their net free agency gains and losses at zero, given that they signed safety Morgan Burnett and linebacker Jon Bostic and lost tackle Chris Hubbard. Per a source with extensive knowledge of the compensatory draft pick formula, the next gains and losses of zero would keep the Steelers from getting any compensatory draft picks.

[steeledge]

Steelers can still rescind franchise tender, get compensatory draft pick for Le’Veon Bell

Interesting! Don’t believe this angle was known or discussed on the board. Thought it warranted a thread.



https://profootballtalk.nbcsports.com/2018/09/25/steelers-can-still-rescind-franchise-tender-get-compensatory-draft-pick-for-leveon-bell/amp/

If true, what the HELL are they waiting for

[LakecrestSteeler]

I think the update at the bottom of the article is the mud bogging them down.

[W&M_Steeler]

I think the update at the bottom of the article is the mud bogging them down.

That update doesn't make sense to me. I thought that the magnitude of the FA contracts were considered as well in the compensatory pick formula. If so, then there's no way that Bostic and Burnett outweigh Hubbard and Bell. If not, and number of players lost versus number of players gained is the sole metric considered, then compensatory picks would be rare.

I expect that the Steelers will be more active in FA next year, as they'll have more cap space with Bell and Shazier off the books. A 2020 compensatory pick for Bell would likely be worse than a 2019 compensatory pick for him. If in fact Bell would still be considered in the 2019 compensatory pick calculation (a point someone here disputed yesterday), then I think the Steelers should definitely rescind the tag and let him walk.

[Scunge]

Yeah, this is just more wishful thinking and hoping for a Hail Mary with Bell.

Would Bell even find anybody with enough money now to give him the big contract that he wants with that big upfront money? Teams have spent their money, and those that have some left, well it certainly is not the same amount that they started with in March before free agency began.

Just be careful what you wish for. I look at a player like Honey Badger, who thought he was this great S/hybrid and thought he would strike it rich and sign a huge contract, but he signed a one year deal this offseason. If Bell has to settle for a shortened deal then that figures in the calculations for compensation picks.

He (Bell) has really made a mess of things. I just think when everything is said and done that we won't get much of anything for him. I am of the mind to just let him go now, rescind the tag and could care less if we get anything from him, I don't care about a comp pick. It would be great to suddenly have $14.544 million additional money under the cap and to finally sweep this nasty affair under the rug and improve the morale and well being of the team.

[W&M_Steeler]

He (Bell) has really made a mess of things. I just think when everything is said and done that we won't get much of anything for him. I am of the mind to just let him go now, rescind the tag and could care less if we get anything from him, I don't care about a comp pick. It would be great to suddenly have $14.544 million additional money under the cap and to finally sweep this nasty affair under the rug and improve the morale and well being of the team.

I agree. And I think the Steelers would ultimately not get that great of a 2020 comp pick anyway.

[jebrick]

I wonder who said that 2 days ago?

Burrnett might cancel out the pick they would get for Bell. Trade would be better as they will not lose that pick.

[Kodiak]

Burrnett might cancel out the pick they would get for Bell. Trade would be better as they will not lose that pick.

It's interesting that they COULD get a compensatory pick even if rescinding the tag. I don't think any of us knew that.

But there's no incentive to do anything with Bell right now. If he signs his tender, they can still entertain trade offers before the deadline. If the trade deadline comes and goes and Bell hasn't signed, then they can rescind if they choose.

So wait-and-see mode. An injury might have us praying Bell signs, or if the committee approach isn't getting it done (but I don't think many expect Bell to set the world on fire if he waits until Wk10, plus two more weeks and then ramp-up his playing time). It's free option value - no reason to rescind the tag before the trade deadline.


However, given that PIT probably won't get a comp pick for Bell because of other FA moves they'll make, the math gets more complicated. His new team probably can expect an R3 comp the following year, though. So IMO that makes him worth an R3 this year, possibly even with an R5/6 thrown in.

Just depends how desperate some team is, and where PIT stands near the deadline. In any event, PIT is probably happy just to save the remaining $6M+ and any draft picks in a trade would be a bonus.

[stillthere]

He (Bell) has really made a mess of things. I just think when everything is said and done that we won't get much of anything for him. I am of the mind to just let him go now, rescind the tag and could care less if we get anything from him, I don't care about a comp pick. It would be great to suddenly have $14.544 million additional money under the cap and to finally sweep this nasty affair under the rug and improve the morale and well being of the team.

If the team let him go now would they accrue the money towards next year? The 850,000 dollars a week that we are getting back now on the books to rollover? If they can get the contract or 10 weeks of it to roll over then yes go ahead and let him go now. otherwise it helps the team more to leave him in limbo and and make back 9 or 10 million in roll over.

[Kodiak]

If the team let him go now would they accrue the money towards next year? The 850,000 dollars a week that we are getting back now on the books to rollover? If they can get the contract or 10 weeks of it to roll over then yes go ahead and let him go now. otherwise it helps the team more to leave him in limbo and and make back 9 or 10 million in roll over.

Every week he sits frees-up cap automatically rolling over. If he signs, then when he's traded his remaining money will also be freed-up.

[jebrick]

Burrnett might cancel out the pick they would get for Bell. Trade would be better as they will not lose that pick.

It's interesting that they COULD get a compensatory pick even if rescinding the tag. I don't think any of us knew that.
.

I said that 2 days ago in the Bell trade thread. It is why they would take an upper 4th or a 3rd for Bell.

[stillthere]

If the team let him go now would they accrue the money towards next year? The 850,000 dollars a week that we are getting back now on the books to rollover? If they can get the contract or 10 weeks of it to roll over then yes go ahead and let him go now. otherwise it helps the team more to leave him in limbo and and make back 9 or 10 million in roll over.

Every week he sits frees-up cap automatically rolling over. If he signs, then when he's traded his remaining money will also be freed-up.

I get that the money is freed up what I am interested in is would be get rollover credit if he was to have the tag rescinded. would we get the 2.5 million already saved through 3 weeks or at this point what looks like the 9 million we will save through week 10?

[Legacy User]

More and more, I think the Steelers should have cut bait in the off season and used that $14m+ to sign linebackers and DBs, and a back to complement Conner. While Bell is an asshole, the Steelers fucked this up and they're dealing with consequences that should have been foreseeable to them.

[Steelafan77]

I know they really haven't played him much but Ridley wasn't all that bad last night. If he gets more than a dozen snaps [offensive] in a game I think Ridley will improve and contribute to higher scores for offense. Not saying he's the absolute answer going forward as much as I'm saying he's on the roster may as well get some production from him. Oh and BTW Ridley can catch the football too. Where's Samuels?

[LakecrestSteeler]

More and more, I think the Steelers should have cut bait in the off season and used that $14m+ to sign linebackers and DBs, and a back to complement Conner. While Bell is an asshole, the Steelers fucked this up and they're dealing with consequences that should have been foreseeable to them.

Maybe PS thought they were playing by the CBA bylaws, while not being pushovers, certainly not playing hardball, and maybe they expected the Bell camp to use the bylaws of the CBA too, and not go with the nuclear option.

Only those in the negotiations know. Perhaps this will enlighten the PS FO to always use the non-exclusive for the second tag.