Who would you draft in this scenario?

[Toker Smurf]

Just now, Toker Smurf said:

Derwin James

[Eazy-E]

Harold Landry

[Memphis]

I'd go Isaiah Oliver, best CB in the draft.

[Toomers]

2 hours ago, stbugs said:

Go look at Kalil’s contract. I’ve mentioned it before but with the option conversion we just did, he’s here this year and next year. His dead cap in 2019 is more than his cap hit. Could be designated as a June 1st cut but it just pushes the dead cap to 2020. We still have more total cap hit than his cap in 2019.

 That option conversion was done when the contract was signed. Nothing changed. We didn’t have choice . It was written that way so his cap hit could be low(3.4) in 2017. 

[AU-panther]

3 hours ago, stbugs said:

Go look at Kalil’s contract. I’ve mentioned it before but with the option conversion we just did, he’s here this year and next year. His dead cap in 2019 is more than his cap hit. Could be designated as a June 1st cut but it just pushes the dead cap to 2020. We still have more total cap hit than his cap in 2019.

not necessarily

You are correct that his cap cost if cut would be $14.9m as opposed to $12.9m if he plays, so on the surface it seem like that is a loss of cap space but its not that simple.  Lets look at making him a June 1 cut next year opposed to keeping him in 2019 and 2020.

2019 cap hit 12.9m - 2019 dead money 4.9m = 8m savings in cap space

2020 cap hit 15.9m- 2020 dead money 9.8m = 6.1m savings in cap space

Can we replace his production for $14m over two years.

That example compares his cost compared to keeping him for two more years.

 

What if we decide to just keep him for one more year after this one.

2019 cap hit 12.9m +2020 dead money $9.8m = 22.7m 

if you cut him after his year = 14.9m cap hit for his dead money

Basically if he is cut next summer it will cost us 14.7m in cap space, if he plays next year and then is cut he will cost us 22.7m in cap space. You save 8m in cap space that way.

What if we draft his replacement this year or next

2019 Kalil cap hit if June 1st cut 4.9m + 2019 cap hit of pick 24 this year 2.5m = 7.4m

2020 Kalil cap hit if June 1st cut 9.8m + 2020 cap hit of pick 24 this year 3.1m = 12.9m

As you can see even if you factor in his replacement cost it still cheaper.  7.4m vs 12.9m in 2019, so 5.5m in wsavings.  12.9m vs 15.9m in 2020 so 3m in savings.

People get confused looking at dead money.  That money has already bein paid, there is nothing you can do to reduce it.  It seems bad to have 14.7m in dead money on your books but you have to compare it to the total cap cost if a player stays.