Salary Cap (merged)

[Schneed10]

Originally Posted by CrazyCanuck

Mr. Ego, please feel free to merge all these recent cap threads.

Just finished updating my sheets (March 8). Should be on the site soon. This update includes everything (Fletcher, Smoot, restructures, etc.).

I had to do a triple take but it looks like we have cap room! I calculate we have about $9.7M in cap space right now. Plus we can get another $10M or so from more restructures. So we have like $20M left to spend if we want to.

I'll be honest this is uncharted territory for me. How are we gonna spend another $20M? Even if we keep Springs, trade for Bly, trade down and sign 2 first round picks, we'd still have like $10-$15M to play with. I mean we don't even have a single player with a deadcap hit over $500K!

Maybe we'll absorb Arch's $9M cap hit after all? Maybe Mr. Snyder will distribute the excess cap room back to the fans? Or will we really enter a new season with cap room? Schneed am I hallucinating?

Seriously, I'm getting woozy!

Now that we have $9.7 million, it tells me that the team is preparing to add a significant contract or two. The team would never want to restructure Portis and Moss if they wanted to stand pat with their current roster. If you're not going to acquire any more big contracts, why push the Moss & Portis cap dollars into the future? If you were going to stand pat with your roster, you'd logically want to let the Portis and Moss cap hits take care of themselves this year, and go into future years in better shape.

We usually only need $4-5 million to take care of our rookies. This tells me that one of a couple different things could be happening:

1) Most likely, Dre Bly is coming to town in that trade we're hearing about.

2) We could be preparing to sign a LG, like that guy from the Ravens (though JLC hasn't said we've made contact yet).

3) Quite likely, we could be preparing to eat a big cap hit from Brandon Lloyd or Archuleta (despite what Gibbs says publicly about them being part of the future). BTW, Springs isn't actually a big cap hit this season, he's on the books for $7 million if he stays and on the books for $7 million if he's traded, so he doesn't factor in really.

4) And then after all our moves, we could be preparing to lock up Cooley before he hits the open market in 2008.