Quote Originally Posted by bobblehead View Post
All that WASN'T locked in when he signed. What happened is that each year Gutes guaranteed most of his base which converted it to bonus and stretched it over the remaining years. He did this because we were in cap hell and he needed to kick it down the road more. Now, in the final year of the deal the only way to kick it would be adding void years, which if I understand it, the player needs to agree to, and Bak wouldn't. Thus, all the coin we paid him wasn't "paid for" against the cap yet. Now is the time of reckoning.
Agree. Converting salary to bonus is borrowing against future cap space.

As for this:
20M signing bonus
42M total guaranteed roster bonuses
62M guarantees between the two types of bonuses

those roster bonuses are NOT guaranteed if you aren't on the roster. Usually it's paid on the first day of the new season in March (or third or some other early day in the new season) and all it does is make sure that player gets that money if they get cut. It's effectively guaranteed salary.