Salary Cap Analysis

[CrazyCanuck]

Originally Posted by Schneed10

Salary Cap $ Scheduled in 2006: $109.6 million
Expected NFL Salary Cap Limit: $93 million

Expected Cuts - Cap Savings:
Brandon Noble - $1.7 million
Walt Harris - $2 million
Matt Bowen - $2 million
Corey Raymer - $1 million
Antonio Brown - $450,000
Jimmy Farris - $450,000
Derrick Frost - $450,000
Total Cap Savings from Cuts: $8 million

Salary Cap $ Scheduled in 2006 after Cuts: $101.6 million

Expected Trades/Post June 1 Cuts - Cap Savings
Patrick Ramsey - $2.2 million
Lavar Arrington - $7 million
Total Cap Savings from Trades/Post June 1 Cuts: $9.2 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts: $92.4 million

Roster Bonuses Restructured - Cap Savings

(assuming 2006 roster bonuses are restructured to become signing bonuses pro-rated for the remaining length of the current contract)

Sean Taylor: $1.8 million
Clinton Portis: $2.5 million
Casey Rabach: $1.5 million
Shawn Springs: $2.5 million
Cornelius Griffin: $2.0 million
Marcus Washington: $1.9 million
Chris Samuels: $3.7 million
Total Cap Savings from Roster Bonus Restructures: $15.9 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts, and Roster Bonus Restructures: $76.5 million

Projected Cap: $93 million

Expected Cap Room for Signing Free Agents, Draft Picks, and any Contract Extensions beyond Roster Bonus Restructures: $16.5 million

Great post Schneed.

I updated my cap sheets (should be up soon) and my starting cap number is $114.5M (including $3.5M in deadcap).

In addition to the savings you mentioned, I would add another $6M for salary restructures on Brunell, Jansen, and Thomas. That brings the cap number down to about $75.5M leaving us about $20M to spend.

However like Pocono mentioned, this is all dependent on a new CBA. Without a new CBA we won't be able to restructure the roster bonuses because of the 30% rule, and we won't be able to push the $7M Arrington deadcap to next year. Removing these savings brings our cap number to $98.5M.

So it looks like we definitely need a new CBA in place, or we may be in trouble.