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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


I could very well be wrong on this but I believe that rookies no longer count against the team salary cap.


Panthers fans never cease to amaze.

Panthers fans never cease to amaze.


Well, I'm sorry if I'm wrong I guess and apologies for amazing you so you can make fun of me to look cool. Even said I wasn't sure.
Practice squad counts too, as well as any gas you might buy to put in a player's car. ANY type of compensation counts.

Practice squad counts too, as well as any gas you might buy to put in a player's car. ANY type of compensation counts.


but credit cards are basically free moneyss!!!!!

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.


This is true, but the good news is we don't have to have the space now (March). Since picks typically sign in the summer and since they count at rookie minimum until they actually sign a contract, it gives Gettleman a bit more time to see which positions are addressed via the draft and fine tune his thinking on the roster. One cut post June 1st (probably Williams) will give us all the room we need to sign our picks.

This is true, but the good news is we don't have to have the space now (March). Since picks typically sign in the summer and since they count at rookie minimum until they actually sign a contract, it gives Gettleman a bit more time to see which positions are addressed via the draft and fine tune his thinking on the roster. One cut post June 1st (probably Williams) will give us all the room we need to sign our picks.



Wasn't saying they would all have to be made up front, I was just saying in total the team would need to clear up 12.4 Million to get even with the cap 3-5 million for draft picks (counting the top 51 rule), and another 4-5 on top of that if the team wants to be semi active in FA to sign a mid level or two.

If they cut who I expect they will

Gamble, Nak, Edwards, Williams, Gettis, A. Edwards and a restructure for Gross. They'll still have to June 1st cut either Beason or Williams to finish things out.

Wasn't saying they would all have to be made up front, I was just saying in total the team would need to clear up 12.4 Million to get even with the cap 3-5 million for draft picks (counting the top 51 rule), and another 4-5 on top of that if the team wants to be semi active in FA to sign a mid level or two.

If they cut who I expect they will

Gamble, Nak, Edwards, Williams, Gettis, A. Edwards and a restructure for Gross. They'll still have to June 1st cut either Beason or Williams to finish things out.


The more I think about it, perhaps we will try to move DWill via trade prior to the draft. If we could find a partner, we would take a negative hit of $1.4 million this year and then he would be off our books for good. What kind of pick would make it worthwhile to have to deal with that kind of hit? 3rd round? 4th round?

If that is at all part of Gettleman's plan, we may have to get a bit more aggressive in March to allow us the freedom to do a draft day deal for Williams.

But yeah, in general I agree with your list as written.
fuging pie hoarder
Money given to a player to pay for their gas or any money paid outside of a contract does not go against the salary cap.
Very nice thread. Will be interesting to see how many big names get cut/restructured.

The more I think about it, perhaps we will try to move DWill via trade prior to the draft. If we could find a partner, we would take a negative hit of $1.4 million this year and then he would be off our books for good. What kind of pick would make it worthwhile to have to deal with that kind of hit? 3rd round? 4th round?

If that is at all part of Gettleman's plan, we may have to get a bit more aggressive in March to allow us the freedom to do a draft day deal for Williams.

But yeah, in general I agree with your list as written.


Packers, Lions, Bengals, Chargers, Cards, Steelers and Colts could be interested.

Money given to a player to pay for their gas or any money paid outside of a contract does not go against the salary cap.


Section 4.
Definition of "Salary":
(a) "Salary" means the compensation in money, property, investments, loans or anything else of value to which an NFL player (including Rookie and Veteran players and players whose contracts have been terminated) or his Player Affiliate is entitled in accordance with a Player Contract, but not including Benefits. Salary with respect to any period shall include all Salary actually payable with respect to such period under the terms of a Player Contract and all Salary attributable to such period under the terms of this Agreement


B- A player’s Salary shall also include any and all consideration received by the player or his Player Affiliate from a Club or Club Affiliate, even if such consideration is ostensibly paid to the player for services other than football playing services, if the NFL can demonstrate before the Impartial Arbitrator that the consideration paid to the player or Player Affiliate for such nonfootball services does not represent a reasonable approximation of the fair market value of such services as performed by such player. The Impartial Arbitrator’s determination may take into account, among other things: (1) any actual dollar amounts the player or Player Affiliate received for similar nonfootball playing services from an independent third party; and (2) the percentage of total com-pensation for nonfootball services received from third parties versus the Team or Team Affiliate.
Section 5.
Computation of Team Salary: During any League Year in which the Salary Cap is in effect, all of the following amounts shall be included every day in determining a Team’s Team Salary: 91
(a)
Player Contracts. Subject to the rules below in Section 6 of this Article, all amounts the Team has paid or is obligated to pay as set forth in all Player Contracts of current and former players covering a particular League Year, including exercised options, shall be included in Team Salary.
(
Tenders.
(i) Drafted Rookies’ Salaries shall be included in Team Salary automatically as of the day of the Draft at the Minimum Active List Salary until (1) the player is signed, (2) the Team’s rights are relinquished through waivers, or (3) the Tuesday following the tenth week of the regular season (if the player is unsigned).
(ii) For Exclusive Rights players, the Minimum Active List Salary will be included in Team Salary when tendered until the player is signed, or the Team’s rights are relinquished.
(iii) For players who are Restricted Free Agents, the Qualifying Offer will be included in Team Salary when tendered until the player is signed, the Qualifying Offer is withdrawn, or a "June 1 Tender" (if applicable) is made. If the player is unsigned and the Team makes a June 1 Tender (if applicable) or June 15 Tender, such Tender will be included until the player is signed, the Team’s rights are relinquished, or the Tuesday following the tenth week of the regular season (if the player is unsigned).
(iv) For players who are Unrestricted Free Agents, the June 1 Tender, if made, will be included in Team Salary as of July 15 and thereafter until the player is signed, the Tender is withdrawn, the Team’s rights are relinquished or extinguished, or the Tuesday following the tenth week of the regular season (if the player is unsigned).
(v) For Transition Players and Franchise Players, the tender will be included in Team Salary when made until the player is signed, the Tender is withdrawn, the Team’s rights are relinquished, or the Tuesday following the tenth game of the regular season (if the player is unsigned).
(vi) All Offer Sheets will be included in Team Salary when tendered until the player is signed to a Player Contract by any NFL Team, or the Offer Sheet is withdrawn.
©
Practice Squad Contracts. Any Practice Squad contract Salaries shall be included in Team Salary except to the extent otherwise provided in Article 33, Section 5.
(d)
Termination Pay. Any type of Termination Pay liability will be included in Team Salary at the time the player is released, except to the extent the Team is relieved of any such liability.
(e)
Grievances. When a player salary grievance is filed against a Club, 40% of the amount claimed (or, for a player whose contract qualifies under Article 27, 40% of the player’s Salary Cap count, prorated to reflect the number of weeks remaining in the regular season) will be counted in Team Salary until the grievance is resolved or until the end of the League Year, whichever comes first; at the end of the League Year, if any grievances have been settled or awards have been made, if the net total grievance amounts paid by the Club are more than the original 40% attributions and put the Club over the Salary Cap, the excess will be deducted from the Club’s Team Salary in the following League Year; if the net total grievance amounts paid are less than the original 40% attributions and the Club finishes the season at the Salary Cap or below the Salary Cap by less than the amount of the unawarded attributions, the difference will be added to the Club’s Team Salary for the following League Year. If an award or settlement is 92
made for a grievance in a League Year after the grievance was filed, and the grievance amount paid is more than the original 40% attribution, the excess shall be included in Team Salary when paid; if the grievance amount is less than the original 40% attribution, the difference shall be deducted from Team Salary when the award is made.
(f)
Expansion Bonuses. Except as set forth in Article 32, any expansion bonuses paid to players shall be included in Team Salary.
(g)
Offseason Workouts. Beginning on the first day of the League Year, each Club’s Team Salary will be charged an amount that is calculated as follows: multiply the minimum daily amount set forth in Article 21, Section 3 ($155 for the 2011 League Year) by 2,880 (80 players × 4 days/week × 9 weeks = 2,880). At the conclusion of the program, this charge will be adjusted based upon the amounts actually paid to players who participated in the offseason program. At that time, the amount paid to each player will be charged to Salary and Team Salary, and the original charge set forth in the first sentence of this Subsection shall be removed from Team Salary. In addition to these amounts, any incentives in Player Contracts related to offseason workouts shall be in-cluded in Team Salary pursuant to Section 6©(iii) below.
(h)
Injury Protection. Beginning in the 2016 League Year, any type of In-jury Protection liability shall be included in Team Salary for the League Year for which such Injury Protection applies, or the League Year in which such Injury Protection is paid, agreed to be paid by settlement, or awarded, whichever is later.
(i)
Other Amounts. Any other Salary not listed above paid to players shall be included in Team Salary.

Now this is helpful info. Thank God


It's probably the most informative thread on the cap as it relates to individual players in Huddle history.

Section 4.
Definition of "Salary":
(a) "Salary" means the compensation in money, property, investments, loans or anything else of value to which an NFL player (including Rookie and Veteran players and players whose contracts have been terminated) or his Player Affiliate is entitled in accordance with a Player Contract, but not including Benefits. Salary with respect to any period shall include all Salary actually payable with respect to such period under the terms of a Player Contract and all Salary attributable to such period under the terms of this Agreement


B- A player’s Salary shall also include any and all consideration received by the player or his Player Affiliate from a Club or Club Affiliate, even if such consideration is ostensibly paid to the player for services other than football playing services, if the NFL can demonstrate before the Impartial Arbitrator that the consideration paid to the player or Player Affiliate for such nonfootball services does not represent a reasonable approximation of the fair market value of such services as performed by such player. The Impartial Arbitrator’s determination may take into account, among other things: (1) any actual dollar amounts the player or Player Affiliate received for similar nonfootball playing services from an independent third party; and (2) the percentage of total com-pensation for nonfootball services received from third parties versus the Team or Team Affiliate.
Section 5.
Computation of Team Salary: During any League Year in which the Salary Cap is in effect, all of the following amounts shall be included every day in determining a Team’s Team Salary: 91
(a)
Player Contracts. Subject to the rules below in Section 6 of this Article, all amounts the Team has paid or is obligated to pay as set forth in all Player Contracts of current and former players covering a particular League Year, including exercised options, shall be included in Team Salary.
(
Tenders.
(i) Drafted Rookies’ Salaries shall be included in Team Salary automatically as of the day of the Draft at the Minimum Active List Salary until (1) the player is signed, (2) the Team’s rights are relinquished through waivers, or (3) the Tuesday following the tenth week of the regular season (if the player is unsigned).
(ii) For Exclusive Rights players, the Minimum Active List Salary will be included in Team Salary when tendered until the player is signed, or the Team’s rights are relinquished.
(iii) For players who are Restricted Free Agents, the Qualifying Offer will be included in Team Salary when tendered until the player is signed, the Qualifying Offer is withdrawn, or a "June 1 Tender" (if applicable) is made. If the player is unsigned and the Team makes a June 1 Tender (if applicable) or June 15 Tender, such Tender will be included until the player is signed, the Team’s rights are relinquished, or the Tuesday following the tenth week of the regular season (if the player is unsigned).
(iv) For players who are Unrestricted Free Agents, the June 1 Tender, if made, will be included in Team Salary as of July 15 and thereafter until the player is signed, the Tender is withdrawn, the Team’s rights are relinquished or extinguished, or the Tuesday following the tenth week of the regular season (if the player is unsigned).
(v) For Transition Players and Franchise Players, the tender will be included in Team Salary when made until the player is signed, the Tender is withdrawn, the Team’s rights are relinquished, or the Tuesday following the tenth game of the regular season (if the player is unsigned).
(vi) All Offer Sheets will be included in Team Salary when tendered until the player is signed to a Player Contract by any NFL Team, or the Offer Sheet is withdrawn.
©
Practice Squad Contracts. Any Practice Squad contract Salaries shall be included in Team Salary except to the extent otherwise provided in Article 33, Section 5.
(d)
Termination Pay. Any type of Termination Pay liability will be included in Team Salary at the time the player is released, except to the extent the Team is relieved of any such liability.
(e)
Grievances. When a player salary grievance is filed against a Club, 40% of the amount claimed (or, for a player whose contract qualifies under Article 27, 40% of the player’s Salary Cap count, prorated to reflect the number of weeks remaining in the regular season) will be counted in Team Salary until the grievance is resolved or until the end of the League Year, whichever comes first; at the end of the League Year, if any grievances have been settled or awards have been made, if the net total grievance amounts paid by the Club are more than the original 40% attributions and put the Club over the Salary Cap, the excess will be deducted from the Club’s Team Salary in the following League Year; if the net total grievance amounts paid are less than the original 40% attributions and the Club finishes the season at the Salary Cap or below the Salary Cap by less than the amount of the unawarded attributions, the difference will be added to the Club’s Team Salary for the following League Year. If an award or settlement is 92
made for a grievance in a League Year after the grievance was filed, and the grievance amount paid is more than the original 40% attribution, the excess shall be included in Team Salary when paid; if the grievance amount is less than the original 40% attribution, the difference shall be deducted from Team Salary when the award is made.
(f)
Expansion Bonuses. Except as set forth in Article 32, any expansion bonuses paid to players shall be included in Team Salary.
(g)
Offseason Workouts. Beginning on the first day of the League Year, each Club’s Team Salary will be charged an amount that is calculated as follows: multiply the minimum daily amount set forth in Article 21, Section 3 ($155 for the 2011 League Year) by 2,880 (80 players × 4 days/week × 9 weeks = 2,880). At the conclusion of the program, this charge will be adjusted based upon the amounts actually paid to players who participated in the offseason program. At that time, the amount paid to each player will be charged to Salary and Team Salary, and the original charge set forth in the first sentence of this Subsection shall be removed from Team Salary. In addition to these amounts, any incentives in Player Contracts related to offseason workouts shall be in-cluded in Team Salary pursuant to Section 6©(iii) below.
(h)
Injury Protection. Beginning in the 2016 League Year, any type of In-jury Protection liability shall be included in Team Salary for the League Year for which such Injury Protection applies, or the League Year in which such Injury Protection is paid, agreed to be paid by settlement, or awarded, whichever is later.
(i)
Other Amounts. Any other Salary not listed above paid to players shall be included in Team Salary.


That is all nice and all. But no, money paid outside of the contract agreed upon by the player and team does not go against the salary cap. Sure, you can count it as the players salary if you want. But it wouldn't go against the cap.

So, if Jerry Richardson paid Newton $3 million for a new house, it wouldn't go against the salary cap because it wasn't in the contract. It would just be Richardson paying his own money to Newton. If Jerry Jones paid $3 dollars to Romo to pay for gas, it would not go against the cap.

Which is why that isn't allowed or else every big market team would do that (pay more money than they are allowed) to pry players to them.

Though, re-reading your post, I hope you know I'm talking about the salary cap (which is what you said). Not a teams salary (how much the team is making). They aren't the same thing.

That is all nice and all. But no, money paid outside of the contract agreed upon by the player and team does not go against the salary cap. Sure, you can count it as the players salary if you want. But it wouldn't go against the cap.

So, if Jerry Richardson paid Newton $3 million for a new house, it wouldn't go against the salary cap because it wasn't in the contract. It would just be Richardson paying his own money to Newton. If Jerry Jones paid $3 dollars to Romo to pay for gas, it would not go against the cap.

Which is why that isn't allowed or else every big market team would do that (pay more money than they are allowed) to pry players to them.

Though, re-reading your post, I hope you know I'm talking about the salary cap (which is what you said). Not a teams salary (how much the team is making). They aren't the same thing.


What you are describing above would be a definite violation of the cap. Not maybe. Definite.

If it was that easy to get around the cap, every club would be doing it.
Each club has additional pools of money for those things. Example salary cap is 121.5, teams actually have around 20-30 million above that. That additional amount is used for various things such as retirement benfits among other things.

Each club has additional pools of money for those things. Example salary cap is 121.5, teams actually have around 20-30 million above that. That additional amount is used for various things such as retirement benfits among other things.


Sure, you can add retirement benefits, moving expenses and things of that nature. But you couldn't buy a fuging house for a player in an attempt to subvert the cap. The key is whether or not the benefit is more or less universal for all NFL teams, or whether a team is trying to gain a competitive advantage by offering above and beyond what would be considered reasonable.
Everyone keeps forgetting that you only count the top 53 contracts during the offseason when determining the salary cap.

The Panthers have $136 million in contracts but only $131 million against the cap. That doesn't include the rollover from this year. At least I don't think it does. My calculations were that with the rollover the Panthers are at about $127 million.

And it is now being reported the cap will be closer to $121.5 million.

What you are describing above would be a definite violation of the cap. Not maybe. Definite.

If it was that easy to get around the cap, every club would be doing it.

yep. there's no way that would be allowed. huge violation. the team would get into a poo ton of trouble. you can not give players anything beyond what is stated in the contract.
If Gamble was such a sure cut, why havent they done it yet?

Everyone keeps forgetting that you only count the top 53 contracts during the offseason when determining the salary cap.


It's 51 not 53.

If Gamble was such a sure cut, why havent they done it yet?

I would imagine the new GM is sorting through about 20 slightly different ways to "fix" this mess.

I bet currently the focus is on dealing with agents and once they know who they can restruture and have addressed.....heads then roll. Serves no real purpose to cut him today.

Everyone keeps forgetting that you only count the top 53 contracts during the offseason when determining the salary cap.

The Panthers have $136 million in contracts but only $131 million against the cap. That doesn't include the rollover from this year. At least I don't think it does. My calculations were that with the rollover the Panthers are at about $127 million.

And it is now being reported the cap will be closer to $121.5 million.


Media keeps relying on the $136M number

What worries me most is that the Panthers are about $15 million over the 2013 projected salary cap,


http://www.charlotte...p-priority.html

Read more here: http://www.charlotte...l#storylink=cpy

If Gamble was such a sure cut, why havent they done it yet?


No reason to cut anyone until the plan is figured out. I don't think you can uncut someone.