Jump to content


Photo
* * * * * 3 votes

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


  • Please log in to reply
175 replies to this topic

#61 davos

davos

    €∞€∞€∞€

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 10,500
  • Reputation: 1,934
  • LocationCO
HUDDLER

Posted 07 February 2013 - 03:14 PM

some good sh*t in this thread

#62 carpanfan96

carpanfan96

    play hard, hit harder

  • Joined: 29-November 08
  • posts: 11,999
  • Reputation: 963
  • LocationLexington, NC
SUPPORTER

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

Firefox

    This Board Rocks

  • Joined: 08-September 09
  • PipPipPipPip
  • posts: 807
  • Reputation: 119
HUDDLER

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

rayzor

    shula is who i thought he was.

  • Joined: 24-November 08
  • posts: -28,897
  • Reputation: 7,796
Moderators

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

UNCrules2187

    Senior Member

  • Joined: 26-November 08
  • posts: 2,496
  • Reputation: 1,969
SUPPORTER

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

Ivan The Awesome

    Keep Pounding...all the way to...the draft! :D

  • Joined: 11-May 11
  • posts: 10,045
  • Reputation: 2,742
  • LocationNC
SUPPORTER

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

panther4life

    Senior Member

  • Joined: 25-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 4,655
  • Reputation: 1,181
HUDDLER

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

carpanfan96

    play hard, hit harder

  • Joined: 29-November 08
  • posts: 11,999
  • Reputation: 963
  • LocationLexington, NC
SUPPORTER

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

Marguide

    South of the Border

  • Joined: 13-May 10
  • PipPipPipPipPipPipPipPipPip
  • posts: 5,748
  • Reputation: 2,344
HUDDLER

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

Kevin Greene

    I Don't Want To Get Off On A Rant Here But....

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 18,912
  • Reputation: 4,239
HUDDLER

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.


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users