Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

"Panther's spending spree cap hits in future seasons"

carpanfan96

By carpanfan96,
in Carolina Panthers

Recommended Posts

carpanfan96 Grand Master

carpanfan96

Posted
Posted

http://espn.go.com/blog/nfcsouth/post/_/id/23409/panthers-will-face-future-cap-challenges

The recent spending spree by the Carolina Panthers, highlighted by owner Jerry Richardson writing checks for more than $100 million in signing bonuses, is going to come with a very steep price -- down the road.

I just looked ahead to what each team currently has committed to the salary cap in 2014 and 2015. The Panthers lead the league in both years and it’s not even close.

The Panthers already have $91.6 million committed toward the cap in 2014. The Green Bay Packers are next at $62 million and most teams are around $30 million to $40 million. Heck, the Cleveland Browns are last with $17.7 million scheduled against the cap that year.

Not a whole lot going on right this minute, thought it was at least slightly interesting how high the numbers were.

Link to comment
Share on other sites
carpanfan96 Grand Master

carpanfan96

Posted
  • Author
Posted

Is it really a bad thing that we have our core group of talent locked up for the next few years?

Not at all, just thought it was interesting at how high the 2014 and 2015 cap figures are with very few players signed on to the team. I'm glad the team went and spent the money to keep the Core around for the next few seasons.

Also not a whole lot going on right now and figured it would get some witty remarks. "huddle never fails"

Link to comment
Share on other sites
bigcatdaddy Newbie

bigcatdaddy

Posted
Posted

Not at all, just thought it was interesting at how high the 2014 and 2015 cap figures are with very few players signed on to the team. I'm glad the team went and spent the money to keep the Core around for the next few seasons.

Also not a whole lot going on right now and figured it would get some witty remarks. "huddle never fails"

ESPN never fails with irrelevant articles. You are right, at least it I'd something to talk about even if they make it sound like it is something bad.

Link to comment
Share on other sites
d-run Newbie

d-run

Posted
Posted

According to the article there are six guys scheduled to make over 60 million in 2015. That is a lot for 6 guys, but all of it isn't guaranteed. Also, the Raiders were 15 million over the cap last week and got under by restructuring a couple contracts.

This article is interesting, but nothing to be concerned about.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • TD alt
      C Mc. Gotta love this guy!!

      By TD alt · Posted

      In my opinion Fitterer was probably right about not paying McCaffrey. Now not wanting to "pay RBs" in my opinion isn't something you want to set in stone, to me it all comes down to the individual.
    • TD alt
      Scourton isn't signed (& apparently it's a thing)

      By TD alt · Posted

      Maybe I'm just not understanding, but everywhere that I have read says that signing bonuses go against the cap prorated by as much as five years. The following example uses Andrew Luck's rookie contract as an example. "Take Andrew Luck, the first overall pick in the 2012 NFL draft. Luck signed a four-year contract with the Colts worth $22.1 million and included a $14.5 million signing bonus. Rather than a $14.5 million cap hit in 2012, the Colts spread out his signing bonus over the life of his contract. The hit against the cap would be $3.625 million per year over four years instead of a direct cap hit of $14.5 million directly in 2012. This gave the Colts more leverage and cap flexibility in signing other players." https://www.the33rdteam.com/nfl-signing-bonuses-explained/ I don't know why some of you think that signing bonuses aren't counted against the cap over the length of the contract, but whatever.   "The bonus with a signing is usually the most garish aspect of a rookie contract. Bonus is the immediate cash players receive when they ink a deal. It factors into the cap, but only for the whole contract duration, in terms of salary cap calculations. In the case of Bryce Young’s $24.6 million signing bonus, that’s prorated to approximately $6.15 million per season over a four-year deal. This format allows teams to handle the cap and provides rookies with some short-term fiscal stability, which is important given the high injury risk in this league." https://collegefootballnetwork.com/how-rookie-contracts-work-in-the-nfl/ I understand how signing bonuses can be a useful tool in order to manage the cap, and as one of the article suggests, signing bonuses may become important if you have a tight cap, but the bill is always going to come due. I'm not necessarily referring to you Tuka, but it seems to me that others simply don't want to understand that fact which is why they're reacting to what I'm saying negatively. How odd. In any event, I have a better general understanding of why signing bonuses are used now, and it's generally to fit salaries under the cap. Surely players, whether they be rookies or not, love a signing bonus because they get a good portion of their money up front. This in turn gives them more security and probably amounts to tax benefits as well. I also understand why teams would not want to use signing bonuses, particularly for players or draftees who have a higher probability of being gone before a contract even ends.
    • jfra78
      Are all veterinarians this greedy ?

      By jfra78 · Posted

      Get any shot you can at humane society, so much cheaper
×
×
  • Create New...