Cap Space for 2022

[BurnNChinn]

If this is true

And Rhule is coming back. I’m out, I thought we would have more than that for next year. Wow

[Ja Rhule]

8 minutes ago, BurnNChinn said:

If this is true

And Rhule is coming back. I’m out, I thought we would have more than that for next year. Wow

We will.  We can get up to $60M by converting some to bonus and extending Shaq.

[onmyown]

meanwhile the saints will cut their water boy and somehow free up 100+ mil

[Ja Rhule]

We can create $30M in cap just by moving Moton money to signing bonus and resigning Shaq.  

[Captain Morgan]

over 18 mill for Shaq next year, easy to extend to clear a lot, then we have over 100 mill for 2023, so we can sign some of our guys and other FAs fairly easily.

[onmyown]

4 minutes ago, Ja Rhule said:

We will.  We can get up to $60M by converting some to bonus and extending Shaq.

Tried to temper peoples expectations…Gilmore and Reddick alone will be half that, at least even with favorable structuring. They will have to be paid, this isn’t a winning team anyone wants to be on.

You’re essentially looking at the exact same team in 2022.

Now 2023 gets very interesting. 

[BlitzMonster]

Knowing the cap space was going to ease in 2022 (due to lots of dead money going away) the team decided to sign a bunch of high priced contracts:  

             PLAYER    POS.    2022 CAP HIT

• Taylor Moton    RT    $19,200,000 
• Sam Darnold    QB    $18,858,000 
• Shaq Thompson    OLB    $18,263,333 
• Robby Anderson    WR    $16,836,666 
• Christian McCaffrey    RB    $14,309,500 
• D.J. Moore    WR    $11,116,000 
• Matt Paradis    C    $8,293,332 (dead cap)
• Pat Elflein    G    $7,030,000 
• Cameron Erving    LT    $6,510,000 

 

Moton, Shaq and probably DJ are well deserved.  The rest, not so much

Edited December 24, 2021 by BlitzMonster

[toldozer]

What big time free agents are going to want to come play for Rhule and this mess

[therealmjl]

11 minutes ago, toldozer said:

What big time free agents are going to want to come play for Rhule and this mess

I think he’s already scraped the bottom of the barrel for temple and baylor talent so the cupboard is dry

[ChibCU]

34 minutes ago, BlitzMonster said:

Knowing the cap space was going to ease in 2022 (due to lots of dead money going away) the team decided to sign a bunch of high priced contracts:  

             PLAYER    POS.    2022 CAP HIT

• Taylor Moton    RT    $19,200,000 
• Sam Darnold    QB    $18,858,000 
• Shaq Thompson    OLB    $18,263,333 
• Robby Anderson    WR    $16,836,666 
• Christian McCaffrey    RB    $14,309,500 
• D.J. Moore    WR    $11,116,000 
• Matt Paradis    C    $8,293,332 (dead cap)
• Pat Elflein    G    $7,030,000 
• Cameron Erving    LT    $6,510,000 

 

Moton, Shaq and probably DJ are well deserved.  The rest, not so much

Robby Anderson's contract + two unused rookie WRs is enough to make me know this front office and head coach are clueless.

[BlitzMonster]

2 minutes ago, ChibCU said:

Robby Anderson's contract + two unused rookie WRs is enough to make me know this front office and head coach are clueless.

I think the recent contracts are clear evidence that Rhule & Co aren't very good at evaluating talent.  

Anderson, Elfein and Erving (30M total) could all be gone and replaced with cheap rookies with no loss of production.  Actually, maybe the rookies would be even better.  They sure couldn't be worse.  

That doesn't even begin to address the Darnold mistake (19M).  

[hepcat]

$18m for Darnold next year should get someone fired. 

[TheCasillas]

1 hour ago, BlitzMonster said:

• Pat Elflein    G    $7,030,000 
• Cameron Erving    LT    $6,510,000 

We actually save money if we cut these two, and we are able to double that if we trade them. Teams may not trade for them as starters, but they will trade for them for depth. Future conditional 7th round picks.

Pat Elfein: (has out in contract for 2023)

Trade: Save 6.2 milion
Cut: Save 2.3 million

Cameron Erving: 

Trade: Save 4.1 million
Cut: Save 2 million

 

Basically, neither one of these players will be on our roster next year. If we are able to trade them the dead cap is less than 2 million across both players, if we cut them then the dead cap for next year would be 8million. 

[TheCasillas]

1 hour ago, BlitzMonster said:

Matt Paradis    C    $8,293,332 (dead cap)

He wouldn't impact our salary cap next year because his contract is void. All of the money was accelerated into this last year. It's fake money. Spotrac lists the following:

2022-2023 are dummy years that automatically void ($3.6M of dead cap)

 

Basically, what this means is that we are bringing the signing bonus (only gauranteed portion of his contract) into the first voidable year. Which is the 3.6m.  I found this to be helpful:

What happens when a contract voids?
All the remaining bonus money is accelerated into that year’s cap. So, a five-year contract with a $20 million signing bonus – $4 million per year – that voids after two years means the remaining $12 million will hit the cap in the third year. Annual salaries typically are not guaranteed in the final years of a contract.