Cap room

plus the, what, 6 mil per King we came in with? $4.75 mil clean, from Deshaun Foster. $2.1 mil from salary and roster bonus for Carr. $26.3 mil.

On Morgan, I have proration of $3.45 mil, v/s 2.85 mil salary and $500k roster bonus for a net loss of $100,000 unless we were going to spread that over the two years - then it's savings of $2.2 mil. Assume it's a wash, and we still have $26 mil.

Without cutting anyone else and without any restructures. With a Peppers restructure we're talking, easily, $35 million. I can't ever remember us having $35 million.

Now there's a point here - cap for tackles is a lot. Cap for an end is a lot. I don't expect we'll buy both outright, and we probably won't spend a mint on a 2nd WR, or FS.

So, what'll rookies cost us? $5 mil?
Gross will probably cost us between $3 and $4 mil in 2008 cap, based on Leonard Davis' cap hits. Since there aren't any other tackles of his caliber out there other than Adams, and we're probably not going to go after two of that type player.

But let's go to extremes, and say we don't do anything with Peppers and we buy an end of similar caliber, to use the Freeney contract as baseline. The 2008 cap figure for him is $5.75 mil. A guy available on the free agent market will probably cost $5 mil first year cap since these guys aren't Freeney.

That, plus Gross (using a rounded up $4 mil), and rookies (assuming a rookie OT), costs us $13 mil. And that would be about as much as we'd do in free agency. Throw in a free agent safety, Deon Grant's first year cap hit was under $2 mil. He'd have a $5 mil bonus coming in year two, which will be pushed to signing bonus just as you'd expect, making year 2 under $3 mil but irrelevant for this.

So in the biggest, most bloated scenario, signing our biggest needs leaves us spending about half of what we have including 6 rookies.

 

we have different numbers for all these. source? here's mine

http://www.ianwhetstone.com/football/CARCap.xls


at any rate, at the very conservative $18 mil, plus the $6 we started out with, is still $24 mil.

 

I can't provide a link. However, I missed one year of pro-ration on Morgan ($1.2 million). Here is how mine breaks down:

Morgan - $2.85 million salary + $500k reporting bonus - $2.4 million pro-rated = $950,000 cap savings

Foster - $4.75 million Salary - $2.0 million pro-rated = $2.75 million savings

Carr - $2.0 million salary + $1.0 million roster bonus + $100k Reporting Bonus - $1.5 millin pro-rated = $600k savings. note: i missed the 100k reporting bonus before.

 

Foster's in the final year. There's nothing to prorate. That proration counted against the cap once the 2007 season was underway and he wasn't cut.

Also, Carr signed a two year deal so same applies - everything that isn't already counted, doesn't count upon release. For Carr, the excel sheet had $1 mil salary, $1 mil roster bonus, $100k reporting bonus.

 

You're double counting numbers. Gantt's figures already included the space King mentioned, so you can't add that yet again. And while $15 million sounds like a lot, keep in mind that most teams have $25+ million in cap space with far more players under contract than we have. Even if we assume $20 million, we only have 35 guys signed. That means a little over a million per remaining player, and obviously filling both tackle spots is going to take a lot more than that.

 

you're right on the Carr salary. my eyes are crossing looking at the PDF i have.

Not sure what you mean on the last year of the deal. In Carr's case, he got a $3 million signing bonus for a two year contract (2007 and 2008). Half of that ($1.5 million) would be pro-rated across those two years.

Edit - one thing i just noticed. Carr also has $750k in LBTE's for 2008 too. It is possible we will get that back if we cut him as well.

 

How's that? King said $6 mil.

Gantt said $7 mil between Diggs and Carter. $4.8 mil for Smith. $1.5 million for Peppers' LTBE.

That's $13.3 million, plus $6 million. What am I double counting? What is there to misinterpret about my numbers?

That's $19.3 million without any changes to our current players. Gantt's own words state "In fact, they'll have a little money to spend in free agency, probably somewhere in the $20 million neighborhood."

Looking over at his blog to find that, I also see where he says it'll take $3 mil instead of the generous 5 I laid out. He suggests $3-4 mil for all EFAs and RFAs. So, realistically, without signing a soul new to the team, that's $12.5 million and 9 RFA/EFA currently unsigned, plus 6 draft picks. 50 players to bring to camp.

Without a single restructure or any of the simple truths of free agency and the cap that this team and all other teams use yearly.

 

If there are two years, it's prorated, but that means half goes in one year, half in the other. Once Carr made the 2007 roster, the 2008 bonus proration already counted, never to be changed. There's nothing else to prorate, so the savings is everything unpaid - salary,roster bonus. All of it. Foster too. Interesting on the LTBEs, I don't know how that works.

 

I see what you mean. it'll still be on the books...i was just not adding it into my base number. So we agree with the exception of the pro-rated amount for Morgan. I couldn't see where you got that on the spreadsheet. Also, i think it is likely that we get the $750k in LTBE's for Carr.