Grievance likely won& #39;t be decided until after season. Til then, he will count $9M ($5M bonus proration & $4M grievance placeholder) against Cap, so they will actually save $6M for the time being (likely for all of 2020). 1/ https://twitter.com/RapSheet/status/1297581774806097921">https://twitter.com/RapSheet/...
2/ Once grievance is decided, Ravens will either get $4M back if successful or get hit with add& #39;l $6M in 2021 (subject to offsets). It& #39;s also possible that Ravens and Thomas settle for some number in the middle.
3/ The $4M grievance placeholder is CBA mandated. Once a grievance is filed, 40% of the grievance amount immediately counts on Cap.
4/ Thomas& #39; deal reportedly contains offsets, so the $10M grievance amount will ultimately be reduced by whatever Thomas makes in 2020 base salary from his new team. But, that won& #39;t be determined until fully earned at end of the season (so no immediate Cap implication).
5/ To be clear, the Ravens will see $6M in Cap savings on the 2020 Cap. Will be $10M initially, then reduced by $4M once grievance is filed. This will likely hold for entire season since grievance hearing won& #39;t likely happen til 2021.
You can follow @RavensSalaryCap.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: