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

Feb 07 2013 10:30 AM panther4life Carolina Panthers
First of all here are the best links available to help you understand our cap situation and rules.

http://www.eaglescap...alyzingCBA.html (faq on the rules)

http://www.askthecom...laryCap/faq.asp (another faq on the rules)

http://www.spotrac.c...nthers/cap-hit/ (Our cap hits and access to details on every players contract..Click on specific player's full contract to see future cap hits and signing bonus money still counting against the cap in future years)

http://espn.go.com/n...ct-cap-strategy (Every teams updated cap space, except for Giants who have already begun making cuts).

Heres some things you need to know.

Signing bonus- This is guaranteed money players receive as soon as their contract is signed. This money can be and often is spread over the course of a player contracts for up to 5 years. This means the player already has the money but the hit against the cap is spread out. If we cut a player we are no longer responsible for their base salary and owe them nothing. The only deterrent to cutting a player with a large signing bonus is we still have to take the hit against the cap of whatever guaranteed money has not already been accounted for against the cap.

Base Salary- This is the yearly money a player will receive if still on the team, this money and their amortized signing bonus, plus any other workout bonus accounts for our total cap hit.

Dead Money- This refers to money that counts against the cap from players who were cut before their signing bonus has been fully accounted for against the cap.

June 1st cuts- Teams can divide up the remaining dead money or unaccounted for against the cap signing bonus money from players cut over the current year and the next.
*As we did with Wharton last year the new CBA allows for a team to cut up to 2 players before June 1st and still be designated as a June 1st cut, hence allowing a team to spread the hit over 2 years without officially having to wait until June to do so.

March 12th- This is our first deadline to be under the cap(first day of the league year and start of free agency). When we cut down to 53 in September we will have to make sure we are under the cap again.

131.8 Million- This is the amount we are currently have committed to the 2013 cap. The cap is right at 121 Million for 2013.

4,526,462- The amount of the dead money already hitting our cap for 2013. Most of this came from 2 players, Mare(2 Million) and Wharton(1.8 million)

4.5-5 million- The amount our rookie class should roughly count against our cap. (Brockers the 14th overall last year counted 2.164 Million against the rams cap last year, Mychal Kendricks the 46th overall pick last year count just over 1 million against the eagles cap last year thats roughly 3.75 million to our 2 first rounders, plus we'll have a few other picks counting less as well)

Easiest way to calculate for yourself- Go to the spotrac website referenced above. Look at the cap hits and how much remaining signing bonus money we have spread out on each player by clicking on their name. IF you cut that player ignore their base salary and just use the signing bonus money as a cap hit. Choose to spread it out over 1 or 2 years. Keep in mind spreading it out over 2 years can be very helpful but just creates more dead money down the road.


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


*We could cut other players but if won't save us close to a million no point in fooling with them right now.

**Gross and Gamble should be very easy to restructure as their contracts are almost up and have very little leverage because their remaining signing bonus money to hit the cap is very small(1 Million for Gross and 2 million for Gamble).

Players that would have to be a june 1st cut to save us money this year and by default next year too, but will cause dead money to be on the books in 2014.
Cutting Beason would have an immediate savings of 3.5 million this year and 6.75 million next year.

Cutting Deangleo would have an immediate savings us of 3.4 million in 13 and 4.4 million in 2014. Cutting D-will will also create another 4.6 million in dead money for 2014, because he has a total of 9.6 million in signing bonus scheduled to hit the cap over the next 3 years.

Further reading on Beason situation.
Something has to be done here because not only does he have a large cap hit for 13(9.5 million) it goes up to 10.75 in 2014 and 11.75 in 2015. Since he has 12 million in signing bonus money scheduled to hit the books over the next 3 years( 4 million a year) if we cut him now it would require an immediate hit of the full 12 million. That is more than his current cap hit of 9.5 million if we keep him. Therefore if were going to cut him it makes more sense to do it as a june 1st cut if looking for the cap relief for this year. However if Gettleman can get us under the cap without making him a june 1st cut 2014 will have a much better outlook as we won't have 6 million in dead money already committed to the books.

Further reading on Deangleo Williams situation.

Cutting D-will will also create another 4.6 million in dead money for 2014, because he has a total of 9.6 million in signing bonus scheduled to hit the cap over the next 3 years. If we can bite the bullet on him for this year and hold off on cutting him until next year it would be much more ideal from a fiscal sense. If we cut him next year we can do it before June 1st and still save 2.8 million without carrying over dead money into 2015.

1 other wildcard here would be James Anderson but much like Deangleo if you look at his contract it makes much more sense to wait another year on him .http://www.spotrac.com/nfl/carolina-panthers/james-anderson.

In summary it looks nice and pretty to cut Gamble and Gross but because they have little signing bonus money yet to hit the cap, it provides us a good leverage in negotiating a restructure or small extension. On the flip side someone like Beason who has 12 million in signing bonus money yet to hit our cap has the upper hand on us in regards to not renegotiating if does not want to. I just think much like Wharton, Beason's time is up because we have drafted his much cheaper replacement.

Heres our 2013 Unrestricted Free Agents
Dwan Edwards
Jordan Senn
Antwan Applewhite
Captain Munnerlyn
Louis Murphy
Sherrod Martin
Ben Hartstock
Gary Barnidge
Mike Pollack
Derek Anderson

Restricted Free Agents
Jason Phillips
Nate Ness
Richie Brockel
Andre Neblett

**also something to keep in mind is that Hardy will be a free agent next year and Cam the following year. Both these players are on pace to demand larger contracts so we need to cut back on the trend of doing june 1st cuts and carrying "dead money" over as much as possible so we can retain them.

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175 Comments

:: before

You have to be careful if the answer every year to cap issues is "restructuirng". All you are doing is pushing the current problem into future years....which is why we are in the cap hell right now.

I am not advocating that we cut Gross. But, it is a real possibility.

He seems close to retirement anyhow, I think he has at least one more year in him. Would be nice to release him, and then re-sign him for two years....just to get that contract off the books.

You have to be careful if the answer every year to cap issues is "restructuirng". All you are doing is pushing the current problem into future years....which is why we are in the cap hell right now.

I am not advocating that we cut Gross. But, it is a real possibility.



We can't afford to cut Gross until we feel confident that who takes his spot can protect Cam.
didn't gross grade out as our best offensive lineman in 2012 per PFF?

yeah, he's getting paid too much for what he brings. yeah, he's no longer a top five tackle. but there aren't a lot of things i can think of that we could realistically do that would destabilize our line quite like cutting gross without a very strong contingency plan would.
My top FA possibilities:

CB - Sam Shields
OG - Kevin Boothe
S - Kenny Philips
TE/FB - James Casey
QB2 - Seneca Wallace

My top FA possibilities:

CB - Sam Shields
OG - Kevin Boothe
S - Kenny Philips
TE/FB - James Casey
QB2 - Seneca Wallace


Not a bad list. These are realistic options.

Not a bad list. These are realistic options.


ppreciate' it

Sam Shields is one guy if we do free enough cap room I would love us to get a decent deal (3-4 yr) with. I think he was behind some quality talent in GB and stepped up big when needed. He's shown he could excel in a larger role imo and would be a great addition.

Kevin Boothe is a solid vet we can get at a good price that Gettleman may have some pull with. It would be ideal to have a vet next to Kalil at least on one side. Draft a future LT like a Bakhtiari in RD2 and nab Boothe.

This let's us focus on either D or WR in the 1st imo with two guys with a lot of quality road ahead for a potential decent price.

Seneca would be an inexpensive upgrade over Jimmy with Derek gone

A Delanie Walker/James Casey type is a HIGHLY underrated asset for a team. Great O-Hybrid & ST play, being a Brockel replacement (who is gone UFA, a problem on kickoffs and not an offensive weapon). These types when used right do what Richie can't and adds some dimensions to your offense.
We are not going to cut our top players or dump guys like Smith until we have someone to replace them. We are also not going to try and get 20 million under the cap. Gettleman is tasked with straightening out the cap and finding talent to build a consistent winner, not gut the team and do another 2010. We all know how that worked out and we are still rebuilding from that debacle. Richardson needs to win soon not 5 years down the road. he might not be around for that. We can easily get under the cap cutting a few players like Gamble and restructuring a few contracts like Beason. We won't be bringing in a bunch of free agents so we really can't dump our team leaders.
Well with 2.2 mill cleared up today with Kalil restructuring and the highly probably scenario in which Gamble is cut, we're sitting at at roughly 2.6 over the cap.

Gary Williams and Hangartner should be easy cuts who account for roughly 2.6

Well with 2.2 mill cleared up today with Kalil restructuring and the highly probably scenario in which Gamble is cut, we're sitting at at roughly 2.6 over the cap.

Gary Williams and Hangartner should be easy cuts who account for roughly 2.6


...and people thought we'd have no room for Free agency.

Also add restructuring Gross to that as well as cutting Nakamura and Ron Edwards, along with a few other cuts or restructures (D-will among others) and we can fill a hole or two. (lol)

Sam Shields is one guy if we do free enough cap room I would love us to get a decent deal (3-4 yr) with. I think he was behind some quality talent in GB and stepped up big when needed. He's shown he could excel in a larger role imo and would be a great addition.

would love to have him, but i think he is a RFA. other CBs that could be had for a decent price Greg Toler, and Tony Carter.

...and people thought we'd have no room for Free agency.

Also add restructuring Gross to that as well as cutting Nakamura and Ron Edwards, along with a few other cuts or restructures (D-will among others) and we can fill a hole or two. (lol)


i caught that lol
So what's his face is reporting different numbers than what we are seeing. He has Kalil's freed up cap space as 3.45 mil.
http://blogs.charlotte.com/panthers/
Maybe I'm wrong, or the info isn't accurate, but it looks like cutting Ron Edwards saves us over 2 million. Maybe 3mil because it doesn't say anything about his bonus' being guaranteed.

http://www.spotrac.c...rs/ron-edwards/

Maybe I'm wrong, or the info isn't accurate, but it looks like cutting Ron Edwards saves us over 2 million. Maybe 3mil because it doesn't say anything about his bonus' being guaranteed.

http://www.spotrac.c...rs/ron-edwards/


Looks like it.

I can see us cutting Ron loose but you never know. They may have faith he can make a recovery. If he's gone and we get D'wan back, we're sitting with Kearse, D'wan, Fua, Chandler, Addison (Hardy/Alexander subs) as our interior. Def could use another upgrade regardless in the draft, so w/out Ron it's preferably at 1-gap/NT.
edit: wrong thread

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


Hurney magic!

Even more than that, I have no idea why he was out there on the field with a badly compromised Achilles. Our training staff has botched numerous situations. Beason, TD's ACL rehabs, and then we have Gettis and Hogan who seemingly can't get healthy after an ACL injury. I'll give them a pass on Otah, though based on their history I'm not sure they deserve one.

It seems like we have guys who struggle to return from injuries time and time again where other teams have guys come back without missing a beat.
do what you will with this.... click

ProFootballTalk@ProFootballTalk
We're now hearing there's a chance the cap could be a little higher than $121.5 million for 2013.

something to keep an eye on
Reports are the cap could now grow to $123 mill. Every little bit helps us a lot.
Definately.

Reports are the cap could now grow to $123 mill. Every little bit helps us a lot.


and everyone else too

It doesn't matter what they set the cap at, we're in a worse cap situation than most every other team. Gettleman has his work cut out for him.

You have to be careful if the answer every year to cap issues is "restructuirng". All you are doing is pushing the current problem into future years....which is why we are in the cap hell right now.

I am not advocating that we cut Gross. But, it is a real possibility.


I think the word is right sizing how much we pay for each position which may take another year to fix with the recent contracts of Stew,DWill and Beason and to a lessor extent Gamble and Gross.We may have to restructure until we can the position/value back in order.We really missed an opportunity of a playoff run while Cam is under his rookie contract .

It doesn't matter what they set the cap at, we're in a worse cap situation than most every other team. Gettleman has his work cut out for him.


Of course it matters....

That extra 1.5 mil could be the icing on the cake to pick up a nice FA.
We're about 10 mil over right now. Cut Gamble, save 8 mil. Restructure Gross, save 5 mil. Add an extra 1.5 mil of cap space and we now have some wiggle room to shop around for a RG or safety.

Of course it matters....

That extra 1.5 mil could be the icing on the cake to pick up a nice FA.
We're about 10 mil over right now. Cut Gamble, save 8 mil. Restructure Gross, save 5 mil. Add an extra 1.5 mil of cap space and we now have some wiggle room to shop around for a RG or safety.


My point is that every team would have an extra $1.5M to work with which would create more competition in FA. Either way, we're cap strapped and Gettleman has a ton of work.

and everyone else too

It doesn't matter what they set the cap at, we're in a worse cap situation than most every other team. Gettleman has his work cut out for him.



Actually there's a bunch of teams who are in cap trouble right now. The flat cap is killing teams.

These numbers are before any moves have were made.

Saint's are like 14 million over
Panther's are 13 million over
Cowboys are 18 million over
Cardinals are roughly 750k over
Lions are 1.1 million over
Giants are 5 million over
Jets are 20 million over
Raiders are 4.5 million over
Steelers are 10 million over
Redskins are 4 million over

Baltimore will have little to no cap space after signing Flacco (they have 15 million right now)
The Rams only have 2 million in cap space and if it wasn't for the carryover rule Greenbay would be over the cap right now as well. Philly would be in a poo storm if it wasn't for the fact they carried over 23 million from last season. (Philly has 5 million in cap space)

There's a couple of other teams that have less then 5 million in cap space as well.