Cap space and updated review of all offseason moves.

[panther4life]

This is just a refreshed version of a thread I did a few months ago to take a look at where we currently stand and how we got here.

 

According to the nflpa site we remarkably have the 7th most cap room available with 13.8 Million. https://www.nflplayers.com/reports/RunPublicReport.aspx?report=top51

 

As noted that only counts the top 51 contracts, so when all 53 count we will be drop down to around 13 Million.

 

 

Players restructured
Greg Olsen-Shuffled money around and saved 2.4 million for this year's cap but added to later years

 

Ryan Kalil -Shuffled money around and saved 2.2 million for this year cap but added to later years

 

Jordan Gross- Saved 6.8 million for this year for this years cap and add's 3.6 in future dead money

 

Haruki Nakumara- Saved 500k for this year

 

Jonathan Stewart-minor move that raised cap figure $200k, unsure of why we did this.

 

Deangleo Williams- Saved 3.2 million per year over next 2 years and 3.9 in 2015. Getting same compensation in 2013 and basically signed a 3 year extension at 7.733 million to remain on team thru 2015 vs facing being cut next year.

 

Jon Beason - Reduced base salary from 5.6 to 1 million. Also added "likely to be earned incentives" that reduced his overall cap hit from 9.5 million down to 6.187 Million for a net savings of 3.13 million this year. Downside is the 8 million in dead money to hit next years cap, granted it will likely be spread over 2 years.

 

total net savings for 2013 cap from ^^ = 18.03 Million

**Worth noting that it while clearing 14.9 million for this year the restrucutures pushed 16.5 million into prorated signing bonuses. (Kalil 5 million,  Gross 4.5 million,Williams 4 Million and 3 million for Olsen)

Also we will take another hit of 8 million in dead money from Beasons deal(can still be spread over 2 years)

 

Players Cut
James Anderson(June 1st designation) saves 3 Million in cap space but moves 2.8 in dead money to 2014-later signed with the Bears.
Chris Gamble- Retired wealthy on his 30th B-day.- Saved 7.9 Million in cap space
Ron Edwards - Saved 2.5 million.

Geoff Hangartner- Was scheduled to count 1.575 against the cap. Overthecap.com and Spotrac vary about 100k on the dead money hitting this year. I'll go with spotrac and say 825k dead money hit. That creates net savings of $525K.

total savings for 2013 cap from ^^ = 13.95

combining the restructure savings and the outright cuts = 31.98 million in total savings for 2013.

Dead money committed to 2014 cap from these moves = 8 millon

5.6 in 2014 for Gross and 2.8 in 2014 for Anderson and another 600k for Hangman.

  

2013 Signings and cap hits *all 1 years unless otherwise noted
Dwan Edwards $1.6 Million(2yr 3.6 million deal, with 1.4 signing bonus)

Domenik Hixon 1.2 million (750k base, 250k signing bonus and 200k workout bonus)
Captain $1.1 million (including $300k signing bonus and $50k workout bonus)
Tedd Ginn Jr. $1.1 million(including $300k signing bonus and $50k workout bonus)
Chase Blackburn $1 million(2 yr 2.05 million,including $200k signing bonus)

Mike Mitchell $725k(no signing bonus--makes him easier to cut if he does not show well early)
Drayton Florence $620k(base salary is $840k)
Ben Hartstock $620k--(base salary is $840k)
D.J Moore $555k--(base salary is $715k)
Derek Anderson $555k--(base salary is $840k)
Colin Cole $555k--(base salary is $840k)
Richie Brockel $555k--

Total cap space spent from above = 10.185

 

2013 Draft Picks and cap hits

Star- 1.746 Million

Shortt- $841K

Kugbila- $519K

Klein-  $452k

Barner- $431k

 

totals- 3.989 Million.

 

Free Agents signed + Draft Picks total cap hits = 14.174

 

 

 

 

FREE AGENTS WE LET WALK

Gary Barnidge -Signed with Browns
Louis Murphy-Signed with Giants
Jason Phillips- Signed with Eagles
Sherrod Martin
Antwan Applewhite
Mike Pollack
Nate Ness
Andre Neblett

 

Other
Exercised option on Tolbert to remain with team thru 2015.

 

[PhillyB]

gettleman took us from the team with the least cap space (iirc) to the team with the seventh most without compromising our future cap space in the space of about five months.

this is why, until he proves his incompetency, I'm willing to surrendur my skepticism about our personnel plans for the offensive line and assume he's got a legit plan.

[Frank Hollywood]

Great analysis. Btw applewhite was scooped up two weeks ago, I think Miami got him.

[panther4life]

I actually have a math question I hope somebody can here can help me with.

 

I calculated Gettleman clearing 31.98 in 2013 cap space. I have him spending 14.174 of it on free agents and draft picks.

 

That's a difference of 17.806. Many seem to be under the impression we started off 16 million over. If this were true than we would only have 1.806 million in cap space right now. However the NFLPA says we have $13.8 Million.

 

So did Gettleman clear another 15 million I didn't account for or were those reports of us being 16 million over to begin with wrong?

 

[MHS831]

2013 Signings and cap hits *all 1 years unless otherwise noted
Dwan Edwards $1.6 Million(2yr 3.6 million deal, with 1.4 signing bonus)

Domenik Hixon 1.2 million (750k base, 250k signing bonus and 200k workout bonus)
Captain $1.1 million (including $300k signing bonus and $50k workout bonus)
Tedd Ginn Jr. $1.1 million(including $300k signing bonus and $50k workout bonus)
Chase Blackburn $1 million(2 yr 2.05 million,including $200k signing bonus)

Mike Mitchell $725k(no signing bonus--makes him easier to cut if he does not show well early)
Drayton Florence $620k(base salary is $840k)
Ben Hartstock $620k--(base salary is $840k)
D.J Moore $555k--(base salary is $715k)
Derek Anderson $555k--(base salary is $840k)
Colin Cole $555k--(base salary is $840k)
Richie Brockel $555k--

Total cap space spent from above = 10.185

 

 

---That is some very good work consdering our debt.

[MHS831]

I actually have a math question I hope somebody can here can help me with.

 

I calculated Gettleman clearing 31.98 in 2013 cap space. I have him spending 14.174 of it on free agents and draft picks.

 

That's a difference of 17.806. Many seem to be under the impression we started off 16 million over. If this were true than we would only have 1.806 million in cap space right now. However the NFLPA says we have $13.8 Million.

 

So did Gettleman clear another 15 million I didn't account for or were those reports of us being 16 million over to begin with wrong?

Well, you see, if a train leaves Pheonix traveling at 40 mph while another train on the same track heading in the opposite directi.....

 

Sorry, Panther4life, but I failed Capology 101 three times before dropping out.  Good question

[Frank Hollywood]

2013 Signings and cap hits *all 1 years unless otherwise noted

Dwan Edwards $1.6 Million(2yr 3.6 million deal, with 1.4 signing bonus)

Domenik Hixon 1.2 million (750k base, 250k signing bonus and 200k workout bonus)

Captain $1.1 million (including $300k signing bonus and $50k workout bonus)

Tedd Ginn Jr. $1.1 million(including $300k signing bonus and $50k workout bonus)

Chase Blackburn $1 million(2 yr 2.05 million,including $200k signing bonus)

Mike Mitchell $725k(no signing bonus--makes him easier to cut if he does not show well early)

Drayton Florence $620k(base salary is $840k)

Ben Hartstock $620k--(base salary is $840k)

D.J Moore $555k--(base salary is $715k)

Derek Anderson $555k--(base salary is $840k)

Colin Cole $555k--(base salary is $840k)

Richie Brockel $555k--

Total cap space spent from above = 10.185

---That is some very good work consdering our debt.

You also carried over the 3 mil from last season, right?

[MHS831]

gettleman took us from the team with the least cap space (iirc) to the team with the seventh most without compromising our future cap space in the space of about five months.

this is why, until he proves his incompetency, I'm willing to surrendur my skepticism about our personnel plans for the offensive line and assume he's got a legit plan.

I am with you here 100%.   In another thread I questioned why he has not signed a RT or G.  That is not to question him, but it is to question why the move has not been made (the market, the roster situation, etc).  Gettlemen probably would have grabbed a few free agents back when he did not have the cap room if he had it, and now that he has it, there is nothing on the shelf.  I suggested that he make a trade, and he may, but not in a Hurney move.  he is not done, and it will be interesting to see what he does.

 

In 2 years, if Gettlemen stays the course, this team will be in Super Bowl conversations. 

[Floppin]

I actually have a math question I hope somebody can here can help me with.

 

I calculated Gettleman clearing 31.98 in 2013 cap space. I have him spending 14.174 of it on free agents and draft picks.

 

That's a difference of 17.806. Many seem to be under the impression we started off 16 million over. If this were true than we would only have 1.806 million in cap space right now. However the NFLPA says we have $13.8 Million.

 

So did Gettleman clear another 15 million I didn't account for or were those reports of us being 16 million over to begin with wrong

 

It's because the cap hits for all those signings aren't at 100% value. Remember that the salary cap only counts the top 51 cap hits against the cap. With each signing that was of a greater value than the 51st valued contract, it would replace the prior 51st contract on the list, so the actual gained cap hit would be be figured by the formula (New Contract) - (Prior 51st value contract) = Net cap difference. 

 

This is also why, depending on who we cut, our cap hit might even reduce further with cuts. 

[panther4life]

It's because the cap hits for all those signings aren't at 100% value. Remember that the salary cap only counts the top 51 cap hits against the cap. With each signing that was of a greater value than the 51st valued contract, it would replace the prior 51st contract on the list, so the actual gained cap hit would be be figured by the formula (New Contract) - (Prior 51st value contract) = Net cap difference. 

 

This is also why, depending on who we cut, our cap hit might even reduce further with cuts. 

 

I am  following you. The bottom 2 contracts once they are accounted for when make the final cuts will affect our cap space by less than 1 million.

 

That still leaves a 14 million dollar discrepancy.

[panther4life]

Also everyone complains we are wasting so much money on running backs(rightfully so). However I can't recall 1 person complaining about Gettleman picking up the option to carry Tolbert in 2015.(3.425 million scheduled cap hit).

 

Nor has anyone complained about us extending D-Will. Yes it saves us money this year(that we aren't using right now) but we could have cut him next year and been done with the contract, instead we gave him an extension that ensures he will be on the books for at least 2-3 years.

[Floppin]

I am now following you. The bottom 2 contracts once they are accounted for when make the final cuts will affect our cap space by less than 1 million.

 

That still leaves a 14 million dollar discrepancy.

 

You're only sort of following me. You were doing math based on the signings real contract value, rather than their net change to the cap. It's like this, Mitchell's cap hit is around 750K, but when he was signed, he pushed a bottom player of the cap hit who was taking around 500k against the cap, so the net cap change is only 250k, not the 750k. So if you want to see the real cap change with each signing you need to look at the salary figures at the time of the signing and see who was bumped off the top 51 by them signing, and in some cases, like with Colin Cole and Richie Brockel, they may not have even been counted against the cap at all at the time of their signing. 

 

Generally, the top 51 contracts that count against our cap at present will give you a pretty accurate idea of what our day one cap will look like, however, it's not always the case. If we cut someone who's currently counting against the cap in favor of keeping someone with a lower figure who currently isn't, then our day one cap will be lower. 

[panther4life]

You're only sort of following me. You were doing math based on the signings real contract value, rather than their net change to the cap. It's like this, Mitchell's cap hit is around 750K, but when he was signed, he pushed a bottom player of the cap hit who was taking around 500k against the cap, so the net cap change is only 250k, not the 750k. So if you want to see the real cap change with each signing you need to look at the salary figures at the time of the signing and see who was bumped off the top 51 by them signing, and in some cases, like with Colin Cole and Richie Brockel, they may not have even been counted against the cap at all at the time of their signing. 

 

Generally, the top 51 contracts that count against our cap at present will give you a pretty accurate idea of what our day one cap will look like, however, it's not always the case. If we cut someone who's currently counting against the cap in favor of keeping someone with a lower figure who currently isn't, then our day one cap will be lower. 

 

I appreciate you trying to help but if you are right my brain just is not absorbing it.

 

The top 51 have always counted. The bottom 2 cap hits have never amounted anywhere close to 15 million(the difference in the numbers I calculated and the supposed 16 million we were over to start with).

 

If only the 51 lowest contracts counted then it would make more sense. But the 51 highest contracts have always counted. Those 2 bottom contracts come nowhere close to being enough to equal around 14-15 million cap hits.

 

Basically what I am saying is the 52nd and 53rd highest contracts cap hits never totaled anywhere near 14-15 million.

[Floppin]

I appreciate you trying to help but if you are right my brain just is not absorbing it.

 

The top 51 have always counted. The bottom 2 cap hits have never amounted anywhere close to 15 million(the difference in the numbers I calculated and the supposed 16 million we were over to start with).

 

If only the 51 lowest contracts counted then it would make more sense. But the 51 highest contracts have always counted. Those 2 bottom contracts come nowhere close to being enough to equal around 14-15 million cap hits.

 

Yeah man, you're just not getting what I'm saying here at all. I'm going to be really careful here, so that maybe you'll get it. I'm going to make a fake salary cap list with only 15 players. In this scenario only the top 10 contracts count against the cap.

 

Initial cap figures

 

Player 1:  10 cap hit

Player 2:   9

Player 3:   9

Player 4:   8

Player 5:   8

Player 6:   7

Player 7:   7

Player 8:   6.5

Player 9:   6.5

Player 10: 5

Player 11: 5

Player 12: 4.5

Player 13: 4

Player 14:4

Player 15: 4

 

Initial cap hit (for top 10 players only): 76

 

We sign someone with a cap hit of 5.5 so now we have 16 players and our cap figures look like this:

 

Player 1:  10 cap hit

Player 2:   9

Player 3:   9

Player 4:   8

Player 5:   8

Player 6:   7

Player 7:   7

Player 8:   6.5

Player 9:   6.5

Player 10: 5.5

Player 11: 5

Player 12: 5

Player 13: 4.5

Player 14: 4

Player 15:4

Player 16: 4

 

New Cap figure (only top 10 players count): 76.5

 

So you see, we signed someone with a cap hit of 5.5 but our actual cap only moved by 0.5

 

This is how it works with all of our signings this year, except the numbers are bigger. 

 

When we signed someone with a cap hit of 600k and they pushed someone who was counting 500k against the cap, OFF THE CAP, the net cap change is only 100k.