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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.


Pittsburgh's been restructuring contracts like crazy today. They'll probably continue to do so before the new league year hits. And they did the same exact thing last year.
ProFootballTalk@ProFootballTalk
Panthers TE Greg Olsen has restructured his contract, per source with knowledge.

Good News!
Wow the Jets are screwed.
Bills tag Jarius Byrd

Bills tag Jarius Byrd

Sad face.
I think we are now about $2.5 to $3 million over. Gamble will put us about $5 million under. Is this consistent with others here have heard?

I think we are now about $2.5 to $3 million over. Gamble will put us about $5 million under. Is this consistent with others here have heard?


We're practically there (123,423,759) according to this http://www.spotrac.c...nthers/cap-hit/ .

We're practically there (123,423,759) according to this http://www.spotrac.c...nthers/cap-hit/ .

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Thanks for this link. I have not seen this before. If we cut Gamble, we have room. Gettlemen is my hero.
I expect us to cut a few more smaller contracts (Garry Williams, etc) and restructure a few more (Gross), so we could be about $12 million below soon.

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Thanks for this link. I have not seen this before. If we cut Gamble, we have room. Gettlemen is my hero.
I expect us to cut a few more smaller contracts (Garry Williams, etc) and restructure a few more (Gross), so we could be about $12 million below soon.


Wow, so this is how a real franchise is run...

Honestly think if one of the top 3 LTs fall to the Panthers in the draft, Gross becomes expendable. That frees up a ton of cash.

Gamble can't stay healthy, time to move on. Paid too much to be on IR every year. Frees up another boatload of cap space.

Beason needs to stay healthy this year or be let go. It's that simple. If he doesn't start 12-14 games in 2013, he should either take a pay cut or the Panthers need to move on. He hasn't taken enough snaps to justify this amount of money.

And mind you, I love the 3 players above. But time to start running this thing like a real franchise. I'm cautiously optimistic for the future...
The Panthers reworked S Haruki Nakamura's contract so that he's now only signed through 2013.

The sides ripped up Nakamura's old three-year, $4.8 million deal, and he essentially now has a brand-new one-year, $815,000 contract with $300,000 more available in incentives. He got a $65,000 signing bonus. Nakamura isn't assured of a roster spot, but he now has the contract of a strict special teamer.



Strict. Special. Teamer. :)

Wow, so this is how a real franchise is run...

Honestly think if one of the top 3 LTs fall to the Panthers in the draft, Gross becomes expendable. That frees up a ton of cash.

Gamble can't stay healthy, time to move on. Paid too much to be on IR every year. Frees up another boatload of cap space.

Beason needs to stay healthy this year or be let go. It's that simple. If he doesn't start 12-14 games in 2013, he should either take a pay cut or the Panthers need to move on. He hasn't taken enough snaps to justify this amount of money.

And mind you, I love the 3 players above. But time to start running this thing like a real franchise. I'm cautiously optimistic for the future...


I think you misread my post. Even so, it seems that you mocked my comments and assumed that I was trying to run a franchise. I was simply referencing expected moves. Then you proceed to tell me how to run a franchise. Thanks. Now I know how to run a franchise. Ii hope I did not misread your comments by interpreting them as sarcasm. Since neither of us is actually a GM, there is no need to pretend we know more than anyone else.

I disagree with you about Gross. If you sign Johnson (OT), you would only create about $6 million in cap space by cutting one of the top LTs in the NFL (top third). You would be going with a rookie at LT and you would still have Bell at RT. Not good. Bell is suspect against speed rushers and he is poor as a run blocker. He graded out as the second worst RT in the NFL. Why would you not upgrade him instead of Gross? Money?

What you do is this: Restructure Gross, play Johnson at RT for a year. You upgrade both tackle positions if compared to your situation.

I suggested cutting Gamble. Beason does not need to be given more guaranteed money (restructured) or extended. He has injuries that are concerns and he is not that valuable as an OLB. He is untradeable now--maybe in a year, we can get a pick for him.

If Cam Newton is the frachise and our hopes of winning are on his shoulders, protecting him has to be the team's top priority. A rookie LT and Bell at RT does not do that. Gross at LT and a stud, young RT who is learning the ropes so he can one day move to the left side is smarter to me. If you consider saving money by cutting Gross, if you restructure by guaranteeing money, then you actually save only about $3-$4 million---not worth risking Cam's health.

I think you misread my post. Even so, it seems that you mocked my comments and assumed that I was trying to run a franchise. I was simply referencing expected moves. Then you proceed to tell me how to run a franchise. Thanks. Now I know how to run a franchise. Ii hope I did not misread your comments by interpreting them as sarcasm. Since neither of us is actually a GM, there is no need to pretend we know more than anyone else.

I disagree with you about Gross. If you sign Johnson (OT), you would only create about $6 million in cap space by cutting one of the top LTs in the NFL (top third). You would be going with a rookie at LT and you would still have Bell at RT. Not good. Bell is suspect against speed rushers and he is poor as a run blocker. He graded out as the second worst RT in the NFL. Why would you not upgrade him instead of Gross? Money?

What you do is this: Restructure Gross, play Johnson at RT for a year. You upgrade both tackle positions if compared to your situation.

I suggested cutting Gamble. Beason does not need to be given more guaranteed money (restructured) or extended. He has injuries that are concerns and he is not that valuable as an OLB. He is untradeable now--maybe in a year, we can get a pick for him.

If Cam Newton is the frachise and our hopes of winning are on his shoulders, protecting him has to be the team's top priority. A rookie LT and Bell at RT does not do that. Gross at LT and a stud, young RT who is learning the ropes so he can one day move to the left side is smarter to me. If you consider saving money by cutting Gross, if you restructure by guaranteeing money, then you actually save only about $3-$4 million---not worth risking Cam's health.


MHS, I wasn't mocking you or being sarcastic. Actually excited the team is making smart moves that anticipate future financial impacts. Instead of living year to year.

I like your approach in general, though I still feel Gross could be replaced by a less expensive player - preferably a top rookie, teams do it every year. Not trying to be cheap or jeopardize Cam's health, just think it's time to replace an aging expensive vet with a young competent talent. But I do admit that I'm the last person to run a franchise. I obviously don't put in the time or effort to evaluate talent that real GMs do. Just the general fan perspective.

MHS, I wasn't mocking you or being sarcastic. Actually excited the team is making smart moves that anticipate future financial impacts. Instead of living year to year.

I like your approach in general, though I still feel Gross could be replaced by a less expensive player - preferably a top rookie, teams do it every year. Not trying to be cheap or jeopardize Cam's health, just think it's time to replace an aging expensive vet with a young competent talent. But I do admit that I'm the last person to run a franchise. I obviously don't put in the time or effort to evaluate talent that real GMs do. Just the general fan perspective.


Oh, then I apologize Navy. We get a lot of trolling on here, and I read your response the wrong way. Thanks for the feedback.

I once was an advocate of cutting Gross and Gamble and retooling with youth, but I dhanged about Gross.

I used to live in Annapolis. Wrote for the Capital newspaper for about a year just out of college.
Man, I haven't been to Annapolis since 1999. I'll have to make a trip back to the Yard soon though.

I was once against Gross being a cap casualty, but if a top LT can be acquired via the draft I think it's a move that will benefit the team in the future. Gross is a pretty good LT, but his price tag is not justified by his play. Maybe if he'll agree to less money...

Man, I haven't been to Annapolis since 1999. I'll have to make a trip back to the Yard soon though.

I was once against Gross being a cap casualty, but if a top LT can be acquired via the draft I think it's a move that will benefit the team in the future. Gross is a pretty good LT, but his price tag is not justified by his play. Maybe if he'll agree to less money...


As much as I'd like a new LT prospect I think it's mistake to let Gross go, not yet anyway. Cam will get blasted in a scenario without Gross, rookie or no rookie. I'd like for us to get a guy that Gross could help groom.
need to start telling players to take pay cuts instead of restructure.

need to start telling players to take pay cuts instead of restructure.



Other teams have.Its a flat cap year.The teams that have cap always have cap so they are not spending.Other teams are trying to lock up their most valuable players.
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carolina-chuck
Mar 08 2013 11:47 AM
Dwan Landry have been released by the Jags. Maybe someone we could afford.
while won of the wonderful huddle GM inform us of the cap number with gamble now released? i want to say were under by 4.4 mil

while won of the wonderful huddle GM inform us of the cap number with gamble now released? i want to say were under by 4.4 mil



4.27 million under the cap.
I have a sneaking feeling that James Anderson is either going to restructure or be traded/cut in some sort of fashion.

I could see us bringing back Dwan Edwards, then signing Canty(crossing fingers for Roy Miller). Then taking the best safety available in the first, then Deandre Hopkins in the 2nd.

I could see us bringing back Dwan Edwards, then signing Canty(crossing fingers for Roy Miller). Then taking the best safety available in the first, then Deandre Hopkins in the 2nd.


This would be my dream scenario. Hope Nuke falls to us in the 2nd.
We just re-signed Richie Brockel. Yay
Who?
Joe Person@josephperson3 hrs
Also, #Panthers will not tender their 2 restricted FAs -- DT Andre Neblett and DB Nate Ness, who was on IR his only season with CAR.

I thought Neblett did some nice things for us. Gettleman must have realized Neblett was just a guy. We're gonna have to bring in a couple DT's.