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Spotrac's 2024 NEC South Caps projections
Posted on 11/9/23 at 8:14 am
Posted on 11/9/23 at 8:14 am
Projected available cap space as of today.
Atlanta - +36,721,380.
Carolina - +40,423,051.
New Orleans - (-)87,662,572
Tampa Bay - +47,786,024
Spotrac
This should be an interesting off-season.
Atlanta - +36,721,380.
Carolina - +40,423,051.
New Orleans - (-)87,662,572
Tampa Bay - +47,786,024
This should be an interesting off-season.
Posted on 11/9/23 at 8:21 am to Snipe
Gotta spend money to make money, or something like that.
Posted on 11/9/23 at 8:22 am to Snipe
Oh man, what are we going to do in this totally unprecedented situation?
Posted on 11/9/23 at 8:57 am to blizzle
Tampa did what most here have been asking for. They picked a season, took their lumps, and cleaned up their books. Atlanta will have the money to sign a QB if someone like Cousins shakes free.
Not saying I am worried about cap space, but we definitely will be running back mostly the same crew next season.
Not saying I am worried about cap space, but we definitely will be running back mostly the same crew next season.
Posted on 11/9/23 at 9:13 am to blizzle
Well there are only 9 of the 32 teams with negative caps space in 2024. The saints at -87 mil are twice as deep in the hole as the next team at a little over -40 mil.
Posted on 11/9/23 at 10:04 am to Snipe
So someone help me understand this cap thing with the numbers.
Take the top line Carr gets a salary of $35,700,000
But his dead cap is $52,800,009. So in layman's terms if he was cut from the team for 2024 he would cost $52,800,000 against the cap.
He will cost this amount anyway unless we push some of that figure into the future. So say we claim $42,800,000 and push $10 million into 2025 and 2026.
It is this way for most of the Saints players which cause the issues.
Now when you look at Kamara he is do $18,877,000, but if he is not on the roster we will be charged $16,735,000. So i understand you do not have a player in Kamara but you do save $2 million.
Not a suggestion just looking at the numbers.
Players like Peat and Winston are even numbers, so you only owe that money if they are not on the roster.
So in the case of Peat we are showing a payment of $13,638,000. If he is not signed and say a rookie takes his roster spot at $1.5 million then that is a $12 million savings off the cap.
Take the top line Carr gets a salary of $35,700,000
But his dead cap is $52,800,009. So in layman's terms if he was cut from the team for 2024 he would cost $52,800,000 against the cap.
He will cost this amount anyway unless we push some of that figure into the future. So say we claim $42,800,000 and push $10 million into 2025 and 2026.
It is this way for most of the Saints players which cause the issues.
Now when you look at Kamara he is do $18,877,000, but if he is not on the roster we will be charged $16,735,000. So i understand you do not have a player in Kamara but you do save $2 million.
Not a suggestion just looking at the numbers.
Players like Peat and Winston are even numbers, so you only owe that money if they are not on the roster.
So in the case of Peat we are showing a payment of $13,638,000. If he is not signed and say a rookie takes his roster spot at $1.5 million then that is a $12 million savings off the cap.
Posted on 11/9/23 at 10:33 am to Snipe
quote:
This should be an interesting off-season.
Loomis will do what he does every offseason and get us under the cap. Until there is a legit long term threat within the division we are not going to rebuild.
Posted on 11/9/23 at 4:07 pm to Snipe
Cam Jordan will retire after we win the Super Bowl this February so there's $32,000,000 freed up already
Posted on 11/9/23 at 4:08 pm to SirWinston
Have a upvote. You drunk mfer lol
Posted on 11/9/23 at 4:48 pm to tigerterrace
That’s not quite how it works.
Posted on 11/9/23 at 7:30 pm to SirWinston
quote:
Cam Jordan will retire after we win the Super Bowl this February so there's $32,000,000 freed up already
You were serious about becoming a better poster. Well done mate.
Posted on 11/10/23 at 8:29 am to tigerterrace
quote:
he is do
well, never seen this one before....
Posted on 11/10/23 at 3:07 pm to Snipe
But you get to get curb stomped in a home wild card playoff game. Who is laughing now
Posted on 11/10/23 at 3:38 pm to redneck
this is an ideal way to have a middling franchise.
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