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Old 01-01-2007, 09:57 PM   #1
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
Posts: 12,458
Re: Most likely to be back with the team next year?

Cap Impact:

Archuleta is scheduled to count $2.4 million in 2007. If you cut him, you take a $9 million cap hit, or $6.6 million more than what we currently have him on the books for. If you cut him as a Post June 1 cut, you bring his 2007 cap number down to $1.8 million, meaning you've created $600K in space for 2007. Then in 2008, you have to carry $7.1 million of deadcap money, which is $3.3 million more than the $3.8 million he's scheduled to count that year.

Summary: the Post June 1 cut makes it very doable, especially considering the cap should be around $116 million come 2008.

Lloyd's contract is almost identical. He is scheduled to count $2.4 million in 2007. If you cut him, you take a $9 million cap hit, or $6.6 million more than what we currently have him on the books for. If you cut him as a Post June 1 cut, you bring his 2007 cap number down to $1.8 million, meaning you've created $600K in space for 2007. Then in 2008, you have to carry $7.1 million of deadcap money, which is $2.9 million more than the $4.2 million he's scheduled to count that year.

Summary: Just as for Archuleta, cutting Lloyd as a Post June 1 cut is very doable.

It would really suck to carry $14.2 million in 2008 deadcap for two players. But the team could do it. We did something similar for Trotter and Coles. Each team is allowed to designate two Post June 1 cuts that can be released from the team before June 1. The team would get the Post June 1 cap benefits, while at the same time freeing Lloyd and Archuleta to pursue other opportunities.

I think Archuleta is surely gone. As for Lloyd, I just don't know. I could see him gone, I could see him staying.
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