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Everything you need to know about our cap, potential cuts and free agents.


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#61 beach

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Posted 07 February 2013 - 03:14 PM

some good sh*t in this thread

#62 carpanfan96

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Posted 07 February 2013 - 03:14 PM

Seen different answers, but I'll take my stab at it.

$20,000,00 SB (6 yr contract, but 5 yr max spread) = $4,000,00 per year cap hit x 3 years left = $12,000,000 yet to go / 2 (if June 1) = $6,000,000 per year.

$6,000,000 + $3,750,000 (paid in 2013 guaranteed) = $9,750,000 2013 cap hit.
$6,000,000 dead cap hit in 2014.

$9,750,000 vs $9,500,000 is worse.



Correct.

Beason get's that 3.75 Million no matter what the team does. His dead money for this season would include that amount.


To the OP, Sport trac doesn't show that amount he's owed and is wrong on a few other contracts as well because they don't show years with guaranteed money owed.


Also June 1st cut's don't help the team get under the cap as the money isn't available till the 1st of June.


You can see Beason's full contract here by clicking contract details.

http://www.rotoworld...4192/jon-beason

7/29/2011: Signed a six-year, $51.338 million contract. The deal contains $25 million guaranteed -- a $20 million signing bonus, Beason's first two base salaries, and $3.75 million of his 2013 salary. 2013: $5.25 million, 2014: $6.5 million, 2015: $7.5 million, 2016: $8.75 million, 2017: Free Agent





Edit: I forgot to add this earlier.


The above numbers for cap hits aren't correct though. With how the June 1st cut works is that Beason's Singing Bonus dead money would be spread over the two years as follows

4 million this season
8 million next season.

Which leaves the team with the following dead money from Beason's contract.

2013 - 7.75m dead money
2014 - 8m dead money


Saving the team as follows over the two years


2013 - 1.25 million in savings
2014 - 2.75 million in savings


Total savings of 4 million.


DeAngelo Williams contract would break down in a similar fashion with 9.6 million being spread over the two years using the NFL's June 1st cap rules.

3.2 million in dead money for 2013
6.4 million in dead money for 2014


2013 - 5 million in savings.
2014 - 2.8 million in savings.



You get those numbers by subtracting the dead money from that player's cap hit in that year.




Example

Williams has a cap hit of 9.2 Million next season, if you subtract his dead money from that you get 2.8 million in savings.




So if the team decides to cut Williams and Beason and designate them as June 1st cuts the team will save 11.8 Million over the next two years with dead money from those two combining for 7.2 million in dead money this season and 14.4 Million in the 2014 season.

#63 Firefox

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Posted 07 February 2013 - 03:17 PM

Where are you getting this 3.75 from? http://www.spotrac.c...ers/jon-beason/

If you look that over there 12 million in signing bonus or guaranteed money unpaid. Signing bonus is the only guaranteed money.

Dude, from the contract he and Hurney negotiated.

"Add the fact that former GM Marty Hurney structured contracts that includes years where portions of a player's base salary is guaranteed on top of their bonus money (e.g. $3.75 million of Beason's 2013 base salary), the cap benefits of cutting any of these players doesn't match the cost of losing talent. Guaranteed money always counts against the cap, and Hurney gave out a lot of guaranteed money."

Jon Beason, LB
Four years remaining on a six-year, $51.388 million dollar contract, $25 million guaranteed money
2013 Cap Figure: $9.5 million; Cap savings if cut: None, cap figure will increase by $6.25 million to $15.75 million

http://www.catscratchreader.com/2013/1/27/3922826/the-salary-cap-situation

7/29/2011: Signed a six-year, $51.338 million contract. The deal contains $25 million guaranteed -- a $20 million signing bonus, Beason's first two base salaries, and $3.75 million of his 2013 salary. 2013: $5.25 million, 2014: $6.5 million, 2015: $7.5 million, 2016: $8.75 million, 2017: Free Agent

http://www.rotoworld...4192/jon-beason

#64 rayzor

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Posted 07 February 2013 - 03:36 PM

just another site to muddy the water re: beason's contract
http://www.overtheca...B&Team=Panthers

Year 2013
Base Salary $5,250,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $9,500,000
Dead Money $12,000,000
Cap Savings ($2,500,000)

Year 2014
Base Salary $6,500,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $10,750,000
Dead Money $8,000,000
Cap Savings $2,750,000

Year 2015
Base Salary $7,500,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $11,750,000
Dead Money $4,000,000
Cap Savings $7,750,000

Year 2016
Base Salary $8,750,000
Prorated Bonus $0
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $9,000,000
Dead Money $0
Cap Savings $9,000,000

#65 UNCrules2187

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Posted 07 February 2013 - 03:42 PM

Where are you getting this 3.75 from? http://www.spotrac.c...ers/jon-beason/

If you look that over there 12 million in signing bonus or guaranteed money unpaid. Signing bonus is the only guaranteed money.


$3.75m of the $5.75m base salary was guaranteed as part of Beason's signing bonus:

7/29/2011: Signed a six-year, $51.338 million contract. The deal contains $25 million guaranteed -- a $20 million signing bonus, Beason's first two base salaries, and $3.75 million of his 2013 salary. 2013: $5.25 million, 2014: $6.5 million, 2015: $7.5 million, 2016: $8.75 million, 2017: Free Agent


http://www.rotoworld...4192/jon-beason

edit: whoops, should have hit "next page" to see I was beaten like a drum on this :|

#66 Ivan The Awesome

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Posted 07 February 2013 - 04:07 PM

Ways to save without using June 1st rule and piling up dead money for 2014 as well
Cutting Gross would save us 10.7 Million
Cutting Gamble would save us 8.95 million
Cutting Ron Edwards would save us 2.5 million
Cutting Gary Williams would save us 1.125 Million
Cutting Hangartner would save 1.575
Cutting Nakumara would save $967,000


My body is ready.

#67 panther4life

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Posted 07 February 2013 - 04:16 PM

just another site to muddy the water re: beason's contract
http://www.overtheca...B&Team=Panthers

Year 2013
Base Salary $5,250,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $9,500,000
Dead Money $12,000,000
Cap Savings ($2,500,000)

Year 2014
Base Salary $6,500,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $10,750,000
Dead Money $8,000,000
Cap Savings $2,750,000

Year 2015
Base Salary $7,500,000
Prorated Bonus $4,000,000
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $11,750,000
Dead Money $4,000,000
Cap Savings $7,750,000

Year 2016
Base Salary $8,750,000
Prorated Bonus $0
Roster Bonus $0
Workout Bonus $250,000
Other Bonus $0
Cap Number $9,000,000
Dead Money $0
Cap Savings $9,000,000


That site is awesome, thanks Rayzor. He even has a sortable table to see how much you could save by cutting any player on the roster. Granted it does not show the savings of a June 1st cut but still.

Here's the chart I was talking about http://www.overtheca...thers&Year=2013

#68 carpanfan96

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Posted 07 February 2013 - 04:30 PM

Once again the problem with that site is that it doesn't include guaranteed money owed to the players. It is a nice site though, would be even better if they factored that sort of stuff into the equation though.

I just added this to my above post as I forgot to add it earlier and it's pretty important to the discussion about June 1st cuts.



The above numbers for cap hits aren't correct though. With how the June 1st cut works is that Beason's Singing Bonus dead money would be spread over the two years as follows

4 million this season
8 million next season.

Which leaves the team with the following dead money from Beason's contract.

2013 - 7.75m dead money
2014 - 8m dead money


Saving the team as follows over the two years


2013 - 1.25 million in savings
2014 - 2.75 million in savings


Total savings of 4 million.


DeAngelo Williams contract would break down in a similar fashion with 9.6 million being spread over the two years using the NFL's June 1st cap rules.

3.2 million in dead money for 2013
6.4 million in dead money for 2014


2013 - 5 million in savings.
2014 - 2.8 million in savings.



You get those numbers by subtracting the dead money from that player's cap hit in that year.




Example

Williams has a cap hit of 9.2 Million next season, if you subtract his dead money from that you get 2.8 million in savings.




So if the team decides to cut Williams and Beason and designate them as June 1st cuts the team will save 11.8 Million over the next two years with dead money from those two combining for 7.2 million in dead money this season and 14.4 Million in the 2014 season.

#69 Marguide

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Posted 07 February 2013 - 05:13 PM

Just a couple of clarifications on the original post:

1) Signing bonuses are spread over the first 5 years of a contract, not 6.
2) Draft picks count at the rookie minimum until they sign their deals (typically late summer), so they have little impact on the cap until post June 1st.
3) For most of the offseason, only the top 51 players count against the cap.

And just to elaborate on one other point...when you visit a site like Spotrac, be sure to look at guaranteed money as well as signing bonus. For example, if a player had $20 million guaranteed in their contract, and received a signing bonus of $15 million, they still have $5 million remaining that is guaranteed. If they are going into the 3rd year of their deal, and their salaries the first 2 years were $1 million each, they still have at least $3 million left in guaranteed dollars (maybe more depending on how the deal is structured).

#70 Kevin Greene

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Posted 07 February 2013 - 05:49 PM

What of the optional 3.6 million 2012 carry over money? I posted a thread on it last night.

#71 carpanfan96

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Posted 07 February 2013 - 06:12 PM

What of the optional 3.6 million 2012 carry over money? I posted a thread on it last night.



Puts the Panther's at 12.4 million over the cap (roughly), needing to get at least 5 million under the cap for draft picks, then another 4-5 million under to fill out the roster "right now if the Panther's cut enough people to get under plus FA's they'd have about 20 roster spots to fill.)


So the Panther's need to shed at least 17.4 million off the payroll. The team would need to shed around 21-24 million to get a few key mid level FA guys plus Draft picks and udfa guys in to fill out a full team of 55 players.

#72 Floppin

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Posted 07 February 2013 - 06:18 PM

needing to get at least 5 million under the cap for draft picks,


Wrong.....

See my post on page two regarding this.

#73 carpanfan96

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Posted 07 February 2013 - 07:04 PM

Wrong.....

See my post on page two regarding this.



Let just say that the Panther's are definitely going to need over 3 million for the draft picks even with the top 51 rule and that's before they cut players to get under the cap. They'll have to cut around 6 players to get under that's not named Williams or Beason. Which with the roster setup on the Panther's right now would push that number up towards 4 million that they would need to sign the rookies.

1st pick is going to cost 1.5 million against the cap, with the top 51 rule in place.
2nd pick is going to cost 600-700k against the cap, with the top 51 rule in place.
3rd picks is going to cost around 150-200k against the cap with the top 51 rule in place.
the other picks are going to cost around 20k-60k each based on the round and singing bonus.


around 2-3 million even with the top 51 rule in place. Picks in rounds 4-7 make 480k plus signing bonus with that bonus ranging from 120k to 15k depending on the round. First round pick will knock someone off making less the 500k plus have a signing bonus on top of that. They'll end up making close to 3 million counting both. 2nd round pick will end up making over 1 million dollars counting signing bonus. Those numbers are based on last years numbers.

Now if the Panther's cut 5-6 players that puts players currently making less then 480k into the top 51 making the amount needed even higher.


This year drafted Rookies will earn around 500k or so, with the minimum being 420k, last year the only players on the Panther's making the minimum of 405k was UDFA. The other players earned 480k. The Panther's currently have around 5-6 players making league minimum for players this upcoming season that will get knocked into the top 51 based on cuts.


If you go by last years draft class with a look at the Panther's 2013 roster, all of the Panther's 2013 draft picks after cuts will be in the top 51.

#74 The Golden Child

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Posted 07 February 2013 - 07:07 PM

Well done. thank you.

#75 jarhead

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Posted 07 February 2013 - 07:21 PM

I still don't know why we paid Beason BEFORE that injury was worked out.



Did the same thing with Dan Morgan.....go figure

Best post I have seen for some time...great job!


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