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Message
Cap update: ~$2m over, Will Smith update: still fat
Posted on 2/27/13 at 5:50 pm
Posted on 2/27/13 at 5:50 pm
So we were at $140m in mid January according to ESPN (most recent number I could find)
PFT thinks the cap could be just over $123m. So that's $17m over.
Thomas/Johnny Patrick saved us $3m, so that's $14m over.
Colston saved $3m, so that's $11m over.
Grubbs saved us $4m, so we're sitting right around $7m over the cap.
ETA: Evans saved $3m, so $4m now.
ETA2: Hawthorne converted his roster bonus into a signing bonus, saving $2m on the season.
ETA3: Bunkley restructure frees up $2.2m. I won't change the # in the title on account of Yasinska/Clayton figuring we're still about $3m over...
Cutting Will Smith would save us $8m on the season ($1m roster bonus + $9m base = $10m less the $2m accelerated roster bonus, which we could leave until next year should be choose to free up $10m). Cutting Vilma would free up just shy of $6m.
So without a Brees restructure (which will be inevitable within the next 2 offseasons), cutting Smith/Vilma and taking into account, say, $4m combined in draft pick and special teams/3rd string players, and $2m for DLP's 2nd round tender, we could very easily have $8m in legit FA spending money pretty soon.
PFT thinks the cap could be just over $123m. So that's $17m over.
Thomas/Johnny Patrick saved us $3m, so that's $14m over.
Colston saved $3m, so that's $11m over.
Grubbs saved us $4m, so we're sitting right around $7m over the cap.
ETA: Evans saved $3m, so $4m now.
ETA2: Hawthorne converted his roster bonus into a signing bonus, saving $2m on the season.
ETA3: Bunkley restructure frees up $2.2m. I won't change the # in the title on account of Yasinska/Clayton figuring we're still about $3m over...
Cutting Will Smith would save us $8m on the season ($1m roster bonus + $9m base = $10m less the $2m accelerated roster bonus, which we could leave until next year should be choose to free up $10m). Cutting Vilma would free up just shy of $6m.
So without a Brees restructure (which will be inevitable within the next 2 offseasons), cutting Smith/Vilma and taking into account, say, $4m combined in draft pick and special teams/3rd string players, and $2m for DLP's 2nd round tender, we could very easily have $8m in legit FA spending money pretty soon.
This post was edited on 3/4/13 at 3:21 pm
Posted on 2/27/13 at 5:53 pm to THRILLHO
quote:
Smith/ Vilma
Nah na na na
Nah na na na
Hey hey hey
Goodbye
Posted on 2/27/13 at 5:54 pm to THRILLHO
It's not quite that simple. There are accelerators and things that increase the cap based on Top 51 salaries on the roster, etc.
Posted on 2/27/13 at 5:55 pm to THRILLHO
More now with an Evans restructure. They probably will sign someone who will be a contributor, but I just want to be cautious as I don't want too spend too much on someone that's not worth the $$ and Jimmy still needing a contract soon
Posted on 2/27/13 at 5:59 pm to THRILLHO
Aren't newly drafted players not factored into the cap for 2013 so that wouldn't matter? Could be wrong just what I thought.
Posted on 2/28/13 at 9:24 am to THRILLHO
I dont think Smith or Vilma is a good fit for Ryan's 34 scheme. Smith is not a book-end for a 34. Does not shed blocks well,has never played the position. I like Vilma's leadership but just think he is a rotational player for this team. So maybe the leadership does not outweigh the production. The interesting player is Harper! Why no talks of restructure yet? Look at where Loomis started with restructures. They have all been Veteran leaders.IMO I would like a younger and faster SS. Just dont like the idea of a S that only does one thing well and when asked to cover is a huge liability.
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