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-   -   Cap Update (http://www.thewarpath.net/showthread.php?t=5075)

SmootSmack 03-04-2005 12:17 PM

Re: Cap Update
 
Backrow, thanks for the kind comments. There'll be a little something extra in your paycheck this week.

But it's great to have so many people contributing in their own way on this site. It's all about team chemistry...chain is only as strong as its weakest link...united we stand, divided we fall....the sum is greater than its parts (or something like that)...and so on

Sheriff Gonna Getcha 03-04-2005 12:33 PM

Re: Cap Update
 
[QUOTE=smootsmack]Backrow, thanks for the kind comments. There'll be a little something extra in your paycheck this week.

But it's great to have so many people contributing in their own way on this site. It's all about team chemistry...chain is only as strong as its weakest link...united we stand, divided we fall....the sum is greater than its parts (or something like that)...and so on[/QUOTE]

Totally agree - I don't think anyone would disagree with that.

CrazyCanuck 03-04-2005 02:18 PM

Re: Cap Update
 
Thanks all for the kind words.

And I agree the great part of this site is all the posters bring something different to the table.

For instance, you won't see too many of my posts when talking about the draft, since I don't really follow college ball closely. I prefer to sit back and see what you guys have to say (which luckily is plenty). I've really learnt a lot over the years from this site.

So thanks again and keep up the good work!

CrazyCanuck 03-04-2005 02:28 PM

Re: Cap Update
 
[QUOTE=Schneed10]Canuck, I absolutely love that you keep track of the salary cap like this. I noticed one thing though on Rabach's salary cap figures. It appears that you are allocating the $4.5 million in bonuses over the life of Rabach's contract. This should be done for the $2.5 million signing bonus, but not for the $2 million roster bonus. Roster bonuses only hit the cap in the year that they are paid out.

Thanks for the good work man, I love your spreadsheet.[/QUOTE]

Thanks Schneed. I know from your posts that you are also a "capaholic". If you have any new info or suggestions let me know.

As for Rabach you are correct. I originally broke out the $2 RB over 5 years cuz I wasn't sure when he was due to receive it. I figured I'd go back later and fix it up, but forgot to. Once I made the post I didn't feel like changing all the numbers and totals, etc., considering a lot of the information is speculation in the first place.

Rabach will probabaly get $1M RB in 2006 and $1M in 2007. So for the 2005 cap calculation, you can add the extra $400K to our cap room.

CrazyCanuck 03-04-2005 03:35 PM

Patten
 
Here's Patten's breakdown (estimates):

Patten - 5 years, $13M, $3.5M SB
Year...Salary...Bonus...Cap Hit
2005...$660.....$700....$1360
2006...$660.....$700....$1360
2007...$2000....$700....$2700
2008...$2500....$700....$3200
2009...$3700....$700....$4400
Total..$9520....$3500...$13020
2005 cap hit: $1360

I figure we have about $6.8M left under the 2005 cap.

MTK 03-04-2005 04:09 PM

Re: Cap Update
 
Hey CC just curious, when you come up with the cap estimates is there a certain way you calculate them? Is there a certain percentage you assign to each year?

CrazyCanuck 03-04-2005 04:28 PM

Re: Cap Update
 
[QUOTE=Mattyk72]Hey CC just curious, when you come up with the cap estimates is there a certain way you calculate them? Is there a certain percentage you assign to each year?[/QUOTE]

Basically I get all the information I can then fill in the blanks if need be.

Take Patten. I read he got 5 years $13M, with a $3.5M SB. That leaves $9.5M to account for. Since no RB is mentioned, I assume the entire $9.5M will be salary. His salaries have not yet been posted on NFLPA, so I just make estimates. I know the total and I know the first couple years are usually at the league minimum.

CrazyCanuck 03-04-2005 04:42 PM

Re: Cap Update
 
Just for the record, the numbers in the official cap sheets are pretty much all verified. I try not to put any estimates in there.

Schneed10 03-04-2005 10:07 PM

Re: Patten
 
[QUOTE=CrazyCanuck]Here's Patten's breakdown (estimates):

Patten - 5 years, $13M, $3.5M SB
Year...Salary...Bonus...Cap Hit
2005...$660.....$700....$1360
2006...$660.....$700....$1360
2007...$2000....$700....$2700
2008...$2500....$700....$3200
2009...$3700....$700....$4400
Total..$9520....$3500...$13020
2005 cap hit: $1360

I figure we have about $6.8M left under the 2005 cap.[/QUOTE]

Yeah, and since they seem to be so cautious in spending that $6.8 million, doesn't it lead us to believe that they are saving the cap room so we can absorb the hit when we decide to get rid of Coles? $6.8 million is a solid amount of room, but they know that getting rid of Coles (by trade or by release) will hit the cap with an additional $6 million charge. If they're really done in free agency like Gibbs says they are, the $6.8 million in remaining cap room is a huge piece of evidence indicating that they plan to get rid of Coles. I hope we at least get Moss (or something else) for him if he's going to end up eating us up as deadcap space.

Releasing Coles will take us right up against the cap pretty much. I think we can probably expect some post-June 1st cuts to make room for the rookie contracts that we'll have to ink for the draft picks. Either that or some contracts will have to get restructured.

We may be done in free agency, but the work isn't done yet.

Schneed10 03-04-2005 10:10 PM

Re: Cap Update
 
[QUOTE=CrazyCanuck]Just for the record, the numbers in the official cap sheets are pretty much all verified. I try not to put any estimates in there.[/QUOTE]

So is there a NFLPA website that keeps track of the official figures? 'Cause that's pretty supercalifragilisticexpealawesome.

Got a link?

KLHJ2 03-04-2005 10:22 PM

Re: Cap Update
 
[QUOTE=Schneed10]So is there a NFLPA website that keeps track of the official figures? 'Cause that's pretty supercalifragilisticexpealawesome.

Got a link?[/QUOTE]

The easiest thing to do is go to google and then type in nflpa.

That Guy 03-05-2005 05:33 AM

Re: Cap Update
 
i really dont like bowing down and letting cole rape our cap :(... rather have smoot back instead.

mooby 03-05-2005 11:39 AM

Re: Cap Update
 
i think we should release mark brunell. its unfair that he's getting paid 43 million to sit on the bench. thanks for the cap figures canuck

CrazyCanuck 03-05-2005 03:50 PM

Re: Patten
 
[QUOTE=Schneed10]Yeah, and since they seem to be so cautious in spending that $6.8 million, doesn't it lead us to believe that they are saving the cap room so we can absorb the hit when we decide to get rid of Coles? $6.8 million is a solid amount of room, but they know that getting rid of Coles (by trade or by release) will hit the cap with an additional $6 million charge. If they're really done in free agency like Gibbs says they are, the $6.8 million in remaining cap room is a huge piece of evidence indicating that they plan to get rid of Coles. I hope we at least get Moss (or something else) for him if he's going to end up eating us up as deadcap space.[/QUOTE]

Looks like you were right on Schneed.

wolfeskins 03-05-2005 04:05 PM

Re: Patten
 
the skins will save some money when they release chad morton, won't they ?


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