2021 Comp pick formula has changed.

[45catfan]

26 minutes ago, Pazhoosier89 said:

It's not an exact formula but the estimates from the over the cap guy says players could sign up to $2.5 mil/yr and not count toward the formula. Its based on if a contract is in the top 35% of all contracts or not.

So what is the $1.75 million figure then?  The way it's being discussed isn't quite adding up to me.  Let me make an extreme example just for clarity.

Next free agency we lose only guy, player 'X' for a $5 million per year deal and that's all, but then we sign 10 guys to contracts under $1.75 million annually, none any higher than that dollar amount the whole of free agency.  By the way this is being discussed, we still get the comp pick for player 'X'?  

[Black&BlueBubba]

3 minutes ago, 45catfan said:

So what is the $1.75 million figure then?  The way it's being discussed isn't quite adding up to me.  Let me make an extreme example just for clarity.

Next free agency we lose only guy, player 'X' for a $5 million per year deal and that's all, but then we sign 10 guys to contracts under $1.75 million annually, none any higher than that dollar amount the whole of free agency.  By the way this is being discussed, we still get the comp pick for player 'X'?  

Yup.  We would still get the comp pick.  Interesting huh! 
 

It states :

 Specifically, players who sign one-year deals and who make less than $1.75 million won’t count toward the gains and losses

So it’s as though we never signed anyone at all if they are below that 1.75 threshold  

 

[45catfan]

2 minutes ago, Black&BlueBubba said:

Yup.  We would still get the comp pick.  Interesting.  

It seems like a double-edge sword then.   True, teams won't need to wait until the penalty period of FA (towards comp picks) is over, but for FAs outside top tier or two, $1.75 million is the best they can hope for.  It's a take it or leave it proposition.  

[Black&BlueBubba]

1 hour ago, stbugs said:

 

I thought Hurney was throwing away picks, but the new CBA basically makes these small contracts equivalent to signing FAs after the draft. I'm assuming that our new salary cap/CBA expert helped out 

I did too.  It’s the reason I started researching the comp pick formula.  I just couldn’t understand what the plan was especially after we hired Sulimani, supposedly one of the best CBA guys in the league.  

Glad I found that article. But I can’t really find anything else out there on it.  I’m sure there are more components to it that only guys like Sulimani understand.  
 

I feel like the FO does actually have a plan to try to get assets out of this shitstorm.  

[stbugs]

5 minutes ago, Black&BlueBubba said:

I did too.  It’s the reason I started researching the comp pick formula.  I just couldn’t understand what the plan was especially after we hired Sulimani, supposedly one of the best CBA guys in the league.  

Glad I found that article. But I can’t really find anything else out there on it.  I’m sure there are more components to it that only guys like Sulimani understand.  
 

I feel like the FO does actually have a plan to try to get assets out of this shitstorm.  

I know we blew one in the past we would have gotten on Dickson so I’m assuming Sulimani really helped here. The rule does make sense to allow vets to start working with a team before the old deadline, which was a couple weeks after the draft. 

[45catfan]

13 minutes ago, Black&BlueBubba said:

Yup.  We would still get the comp pick.  Interesting huh! 
 

It states :

 Specifically, players who sign one-year deals and who make less than $1.75 million won’t count toward the gains and losses

So it’s as though we never signed anyone at all if they are below that 1.75 threshold  

 

Alrighty then.  The Over The Cap guy has figured this out too.  On the cancellation chart, there is now a line that states: Non-compensatory Free Agents (Lost/Gained).  Cooper, who was earlier counting against us in their cancellation chart, now falls on that new line item.

[Black&BlueBubba]

9 minutes ago, 45catfan said:

Alrighty then.  The Over The Cap guy has figured this out too.  On the cancellation chart, there is now a line that states: Non-compensatory Free Agents (Lost/Gained).  Cooper, who was earlier counting against us in their cancellation chart, now falls on that new line item.

Nice. They didn’t have that yesterday. I have a strong feeling both DeValve and Roberts will also be down with Cooper after their deals come out to be less than this 1.75 mil threshold.   We should be set to get at least 3 picks.  It will be interesting to see what they are.  
 

Carolina Panthers
Compensatory Free Agents Lost: 6				Compensatory Free Agents Gained: 5
Name	Rd.	APY	Rank	Name	Rd.	APY	Rank
James Bradberry	3	$15,000,000	66	Teddy Bridgewater	3	$21,000,000	73
Mario Addison	4	$10,133,333	195
Vernon Butler	5	$8,000,000	291	Seth DeValve	?	TBA	TBA
Gerald McCoy	6	$6,100,000	322	Stephen Weatherly	6	$6,250,000	349
Greg Van Roten	?	TBA	TBA	Juston Burris	6	$4,000,000	452
Bruce Irvin	?	TBA	TBA	Seth Roberts	?	TBA	TBA
Non-Compensatory Free Agents Lost				Non-Compensatory Free Agents Gained
				Pharoh Cooper		$1,210,000

[kungfoodude]

16 hours ago, Ivan The Awesome said:

They might as well shop KK around, no point in having him here. 

Not sure his contract is going to make him easy to trade. It doesn't matter. We physically need bodies on the DL and his contract will be gone in two seasons.

[stbugs]

1 minute ago, kungfoodude said:

Not sure his contract is going to make him easy to trade. It doesn't matter. We physically need bodies on the DL and his contract will be gone in two seasons.

Why pay $28.5M in salary to Short over two years? We aren’t going to be a playoff team so roll that over so we are stronger when Brees and Brady are gone. Short here for two years will change nothing over him not being here for two years.

[kungfoodude]

1 minute ago, stbugs said:

Why pay $28.5M in salary to Short over two years? We aren’t going to be a playoff team so roll that over so we are stronger when Brees and Brady are gone. Short here for two years will change nothing over him not being here for two years.

Unless it has change with the new CBA, you still have to spend at least 89% of the cap over the course of a multi-year period(cannot recall the exact amount). If that still holds true, booting his contract off the books in the short term(unintentional pun) might not have the positive impact we want. 

I don't care about him soaking up some cap this season or next before he is cut and I doubt anyone is willing to trade for him. 

[45catfan]

39 minutes ago, Black&BlueBubba said:

Nice. They didn’t have that yesterday. I have a strong feeling both DeValve and Roberts will also be down with Cooper after their deals come out to be less than this 1.75 mil threshold.   We should be set to get at least 3 picks.  It will be interesting to see what they are.  
 

Carolina Panthers
Compensatory Free Agents Lost: 6				Compensatory Free Agents Gained: 5
Name	Rd.	APY	Rank	Name	Rd.	APY	Rank
James Bradberry	3	$15,000,000	66	Teddy Bridgewater	3	$21,000,000	73
Mario Addison	4	$10,133,333	195
Vernon Butler	5	$8,000,000	291	Seth DeValve	?	TBA	TBA
Gerald McCoy	6	$6,100,000	322	Stephen Weatherly	6	$6,250,000	349
Greg Van Roten	?	TBA	TBA	Juston Burris	6	$4,000,000	452
Bruce Irvin	?	TBA	TBA	Seth Roberts	?	TBA	TBA
Non-Compensatory Free Agents Lost				Non-Compensatory Free Agents Gained
				Pharoh Cooper		$1,210,000

I wonder why Kirkwood isn't showing yet?  None of these guys (Roberts, DeValve, Kirkwood) played for more than $1.75 million last year.  Furthermore, I can see several more of these signings before the draft.

I guess the days of $2-$2.5 million FA contracts are over.  Why would a team shoot themselves in the foot like that under the new CBA?  If they think a guy is worth ponying up for it will be for $3+ million per season.  Otherwise they will wait for the market for a player (real or perceived by that player) to wither out and then offer something under $1.75 million.  

This may cause issues down the road.  It may already be what is happening to Robby Anderson now.  He overvalued his market and now just to get signed may have to settle for something under the comp threshold.   He made $3 million per year under his last deal.  If he can't get bite for more, he won't get anything in the $2-$3 million range.  Again, it doesn't make sense for the teams.

[Black&BlueBubba]

5 minutes ago, 45catfan said:

I wonder why Kirkwood isn't showing yet?  None of these guys (Roberts, DeValve, Kirkwood) played for more than $1.75 million last year.  Furthermore, I can see several more of these signings before the draft.

I guess the days of $2-$2.5 million FA contracts are over.  Why would a team shoot themselves in the foot like that under the new CBA?  If they think a guy is worth ponying up for it will be for $3+ million per season.  Otherwise they will wait for the market for a player (real or perceived by that player) to wither out and then offer the $1.75 million.  

This may cause issues down the road.

I think it’s the lower tier guys that will be signed early like this.  The ones that are happy to take the 1.75 or less.  The FA stuck in the middle will have to wait for a team who is signing a ton of guys so their comp picks are already gone like the Raiders this year.  They are in the snatching up mode so one more won’t matter.  Or the FA’s will have to wait until the comp pick period is over after the draft.   This helps he lower tier guys who are in the union not having to fight it out with UDFA’s after the draft.  

[45catfan]

1 minute ago, Black&BlueBubba said:

I think it’s the lower tier guys that will be signed early like this.  The ones that are happy to take the 1.75 or less.  The FA stuck in the middle will have to wait for a team who is signing a ton of guys so their comp picks are already gone like the Raiders this year.  They are in the snatching up mode so one more won’t matter.  Or the FA’s will have to wait until the comp pick period is over after the draft.   This helps he lower tier guys who are in the union not having to fight it out with UDFA’s after the draft.  

It will be very interesting to see how this plays out being year one of the new CBA.  The veteran minimum also went up, so the lowest tier guys already got a pay raise.  I now know why the higher end players were against his deal, it helps the lowest end guys in at least two major ways we now know of.

[Pazhoosier89]

1 hour ago, 45catfan said:

I wonder why Kirkwood isn't showing yet?  None of these guys (Roberts, DeValve, Kirkwood) played for more than $1.75 million last year.  Furthermore, I can see several more of these signings before the draft.

I guess the days of $2-$2.5 million FA contracts are over.  Why would a team shoot themselves in the foot like that under the new CBA?  If they think a guy is worth ponying up for it will be for $3+ million per season.  Otherwise they will wait for the market for a player (real or perceived by that player) to wither out and then offer something under $1.75 million.  

This may cause issues down the road.  It may already be what is happening to Robby Anderson now.  He overvalued his market and now just to get signed may have to settle for something under the comp threshold.   He made $3 million per year under his last deal.  If he can't get bite for more, he won't get anything in the $2-$3 million range.  Again, it doesn't make sense for the teams.

The actual number to be considered non qualified is actually higher than 1.75 mil and could be closer to 2.5 mil. The article from over the cap explains the changes. Basically any contract not in the top 35% won't be counted.

Comp pick formula changes