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Looking ahead at our cap space for the next 2 years.


panther4life

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Right now according to spotrac we have 32.5 Million in cap space for 2020

First number will be the scheduled cap hits, 2nd will be the money saved either by release or trade and the third is the dead money against the cap

This list only includes players that we can free up 50% or more of their current scheduled cap hit and would save us at least 2 Million in cap space by cutting them now. None of these contracts require making them a post June 1st cut to see the immediate savings. Post June 1st cut would just allow us to spread the dead money over 2 years and free up half of the dead money listed for additional space this year.

2020:

Cam:  21.1M current hit. 19.1M potential savings, incurring 2M in dead money

Poe: 13.3M current hit , 9.8M potential savings, incurring 3.3 in dead money

Wright:  3.6M current hit, 3M potential savings, incurring 600k in dead money

Mike Davis:(claimed off waivers in Nov) current hit 3M, 2.95M potential savings, incurring 500k in dead money

 Just ridding ourselves of these 4 contracts alone would add just a hair under our 35 Million to our cap space. This would bring our total to 67 Million in cap space for 2020.

In 2021 we have 0 dead money on the books and only have right at 100 million going against the cap to 25 players. The projected cap for 2021 according to spotrac is 209 million. We could also roll over any money not used this year into 2021 as well (assuming the new CBA allows for this still)

Once we make it to 2021 these potential cap casualties would bring our cap to almost nothing.

Cutting Short would save 10 Million, Turner 9.7 Million,Reid 7.25 Million.Paradis 5 Million, Gano 4 million.  Shaving those 4 contracts in 2021 would add another 36 million in immediate cap relief. 

 

 

 

 

 

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8 minutes ago, MHS831 said:

It does seem--if considering the cap, that 2021 will be the first real year of the transformation (better than rebuild because we were never built).

That would also be the first year under a new GM unless Tepper offers Marty Hurney an extension.

(which, if that happens, God help us all)

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Poe and Wright both have team options.  If the Panthers don't pick up the team option they become free agents and you get the cap savings associated with each of them.  It's the same as cutting them, but in order for them to be on the team in 2020 the Panthers have to pick up the option on each of the players.  They don't have to cut them.

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14 hours ago, Mr. Scot said:

That would also be the first year under a new GM unless Tepper offers Marty Hurney an extension.

(which, if that happens, God help us all)

With most good GMs getting locked up I would not say it's far reaching that he gets a new contract. 

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17 hours ago, panther4life said:

Once we make it to 2021 these potential cap casualties would bring our cap to almost nothing.

Cutting Short would save 10 Million, Turner 9.7 Million,Reid 7.25 Million.Paradis 5 Million, Gano 4 million.  Shaving those 4 contracts in 2021 would add another 36 million in immediate cap relief. 

Cutting Short in 2021 would save 9.8M while having 10.9M in dead cap. Post-6/1 release would be the best option for the team if they look to move on, since then they would save 14.5M and spread the dead cap out over 2yrs (6.3M & 4.6M).

Turner is in a similar situation, though not as upside down as Short. We could save 9.7M with 5.6M in dead space, or save 11.5M and spread the hit out over 2yrs (3.8M & 1.7M) if he's a post-6/1 cut.

Idk if I would want to run up and slash our best DL, one of our better OL, or defensive leaders tho to chase cap space.

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