An NFL.com report Wednesday offered further confirmation that the Seahawks are not expected to ask running back Marshawn Lynch to repay $5 million in bonus money the team technically could be entitled to.
A report Wednesday from NFL.com offers further confirmation of what has been thought all along — the Seahawks won’t ask running back Marshawn Lynch to pay back $5 million in bonus money they could via the terms of his contract.
The report quotes NFL.com’s Ian Rapoport saying that “both sides seem pleased” with the arrangement and Lynch is expected to head into retirement keeping the money he has been paid, with the Seahawks happy enough heading into the post-Lynch future without trying to get back that bonus money.
I wrote much the same last month when I detailed the bonus money situation.
As I wrote then:
When he (Lynch) signed a new deal with the Seahawks last March that included a $7.5 million sign in bonus, everyone knew that Lynch might well have just one year left. In that regard, the bonus money paid to Lynch could be viewed as also being a reward for past deeds as much as what he would do in the future (and hence, why the team isn’t expected to ask for it back now).
The bonus was pro-rated at $2.5 million on the salary cap for each of the 2016 and 2017 seasons and that is the bonus money that the Seahawks could, via the rules of his contract, ask to be paid back.
If Lynch were to re-pay the bonus then that would come off the salary cap, though not until the money was actually in hand, which means it wouldn’t take effect until 2017 at the earliest.
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But the team isn’t expected to ask him to do that so it’s a moot point.
Lynch has apparently not yet filed retirement papers with the NFL. But that could happen by the time the new league year begins on March 9. The team could then put Lynch on a reserve/retired list, which would mean the Seahawks would keep his rights for the remainder of his contract (through the 2017 season) and then also make official his retirement.
Filing retirement papers, though, is mostly a clerical procedure as players merely have to ask the NFL to be re-instated and come back and play again. That’s where the reserve/retired list would come into play, though, meaning that if Lynch were to return he would be the property of the Seahawks.