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Cap Gurus - Need a tutorial

Posted on 4/9/14 at 9:00 am
Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 4/9/14 at 9:00 am
Guys, I have the attention span of a 5 year old. Can someone tell me how much room we have under the cap? Also, do we have enough cash to sign the draftees? I know there is a formula for some of these guys but I am not sure how it works. Is there a likelihood that we might not be able to sign some of the rookies because of cap issues? I know that not all of the draftees will make the team, but I would like to know how the cap comes into play when trying to sign the new guys.

TIA. I will hang up and listen.
Posted by Patrick O Rly
y u do dis?
Member since Aug 2011
41187 posts
Posted on 4/9/14 at 9:02 am to
quote:

TIA. I will hang up and listen.



Posted by JPLIII
Broussard - terd supporter
Member since Jan 2008
22630 posts
Posted on 4/9/14 at 9:04 am to
Salary Cap FAQ

you're welcome.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/9/14 at 9:06 am to
where is Blues 'balance the cap' link

brb
Posted by Chad504boy
4 posts
Member since Feb 2005
166326 posts
Posted on 4/9/14 at 9:06 am to
We probably have about $789,546 to spend still. I'm pretty sure rookie class is taken into account already.
Posted by JPLIII
Broussard - terd supporter
Member since Jan 2008
22630 posts
Posted on 4/9/14 at 9:07 am to
quote:

I'm pretty sure rookie class is taken into account already.


it is. Loomis has been Loomising.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/9/14 at 9:07 am to
Blueslover thread on the cap.

i do not see the Bush signing updated on it
This post was edited on 4/9/14 at 9:10 am
Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 4/9/14 at 9:09 am to
Thanks.

Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 4/9/14 at 9:11 am to
quote:

quote:
I'm pretty sure rookie class is taken into account already.


it is. Loomis has been Loomising.



Does this include the expectation of signing everyone that the Saints draft?
Posted by Chad504boy
4 posts
Member since Feb 2005
166326 posts
Posted on 4/9/14 at 9:12 am to
quote:

Thanks.


You got to also remember, every player we sign, it only increases the team's total salary by signed players first yr cap number minus 51st ranked player's cap number.

If guy's first yr cap number is 1 million, the increase may only be about 500k roughly speaking.
Posted by Chad504boy
4 posts
Member since Feb 2005
166326 posts
Posted on 4/9/14 at 9:13 am to
quote:


Does this include the expectation of signing everyone that the Saints draft?



Yes, I don't see how your reworded question changed anything that wasn't answered previously. Our cap number includes signing our draft class.
Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 4/9/14 at 9:14 am to
I assume the 51st player salary will more than likely be the league minimum for such player.
Posted by Chad504boy
4 posts
Member since Feb 2005
166326 posts
Posted on 4/9/14 at 9:15 am to
quote:

I assume the 51st player salary will more than likely be the league minimum for such player.


Correct. I think it may be somewhere around $450k or so give or take a few happy meals.
Posted by MSTiger33
Member since Oct 2007
20386 posts
Posted on 4/9/14 at 9:16 am to
Got it. Thanks.
Posted by blueslover
deeper than deep south
Member since Sep 2007
22792 posts
Posted on 4/9/14 at 9:25 am to
to be clear, you cannot go over the cap. Any contract signings have to be approved by the league. The allotted amount for rookie contracts is part of the equation.

For Saints rookies this year-

7 picks
One year salary pool- $4,670,117
Cap Space required- $1,730,117
Signing Bonus Allocation- $6,920,468
Total value- $24,691,724
LINK

Each slot is prefigured as well. For #27-

Signing Bonus- $4,320,388
2014 Cap #- $1,500,097
Total Value- $8,250,532
LINK
Posted by bbrownso
Member since Mar 2008
8985 posts
Posted on 4/9/14 at 9:39 am to
But that's what's allotted. I don't believe it's in the cap yet.

Explaining the NFL Rookie Pool and its Impact on the Salary Cap

Because the Saints would appear to have less than the cap space required as shown by blueslover, I think the saints will need to release a player or restructure a deal.
Posted by htran90
BC
Member since Dec 2012
30112 posts
Posted on 4/9/14 at 9:48 am to
Available solutions:
Re-structure Evans (Saints for life anyway right?)
June 1 Cut Bunkley (less snaps than jenkins last year iirc)
Contract with JG
Posted by blueslover
deeper than deep south
Member since Sep 2007
22792 posts
Posted on 4/9/14 at 9:59 am to
good link bbrownso

It seems the more you look into capology the more complicated it gets. I follow it cuz I think that cap mgmt can be as vital to team success as on the field play. It is some pretty boring arse accounting kinda stuff tho. You cannot escape value anymore when talking about players.

Top Salaried Cut Players
Champ Bailey Broncos CB $10,625,000
Miles Austin Cowboys WR $9,016,667
Santonio Holmes Jets WR $8,416,667
Sidney Rice Seahawks WR $8,200,000
Will Smith Saints 43DE $7,850,000
Davin Joseph Buccaneers G $7,500,000
Tony Gonzalez Falcons TE $7,000,000
David Stewart Titans RT $6,147,167
Levi Brown Steelers LT $6,000,000
David Baas Giants C $5,500,000
Daryn Colledge Cardinals G $5,500,000
Owen Daniels Texans TE $5,421,875
Jabari Greer Saints CB $5,275,000
Nate Burleson Lions WR $5,000,000
Danieal Manning Texans S $5,000,000
Asante Samuel Falcons CB $4,900,000

Plenty of those guys can still play in the NFL. It just at what price.
Posted by Noplacelikehome
Member since Oct 2010
2154 posts
Posted on 4/9/14 at 10:28 am to
quote:

Re-structure Evans (Saints for life anyway right?)


Explain how this would work? As has been said many times... Re-Structure doesn't mean less money.

Cutting Bunkley is a lot tougher than people think. If they cut him by June 1st then yes it would help the cap this year, but next year it would cause a $3.2 million cap hit.

I think the Saints will ultimately try to get him to take less money and if they can't then I guess they would have to cut him even with the cap hit next season.

The main solution right now seems to be signing Jimmy Graham to a long term deal.
Posted by bonethug0108
Avondale
Member since Mar 2013
12690 posts
Posted on 4/9/14 at 12:40 pm to
On the rookie pool, some places include it in the figure and some don't. I believe the NFLPA's numbers do not include them.

On where we stand now, I'm not completely sure because I have yet to see what Bailey or Bush are getting. Bush may actually wind up costing less than his $1.4m cap hold depending on structure and what incentives the Falcons put in that we had to match.

quote:

Explain how this would work? As has been said many times... Re-Structure doesn't mean less money.
A basic restructure(what you hear most about) takes money from this year and turns it into signing bonus to push the hit into future years.

Say they restructure $8m of a guy's base into bonus and he has 4 years left. That adds $2m to each year. He saves $6m for the current year as $2m of the original $8m still counts for this year.

quote:

Cutting Bunkley is a lot tougher than people think. If they cut him by June 1st then yes it would help the cap this year, but next year it would cause a $3.2 million cap hit.
He saves $1.25m now and IF he's a June 1st cut saves $4.5m come June 1st.

Yes he would cost $3.2m next year if a June 1st cut, but he costs $6.1m next year if kept so we still save about $3m next year on him.

quote:

The main solution right now seems to be signing Jimmy Graham to a long term deal.
This is dependent on if he files a grievance and the outcome of that, but at the moment he costs $7m and at best would have his number dropped to $4m(more likely between $5-5.5m) because of his expected signing bonus.

But yes that extra $2-3m would help.
This post was edited on 4/9/14 at 12:41 pm
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