2012 Salary Cap Update Post #107 - (08/21/2012) -- $5,137,214 under

[THUMPER]

Originally Posted by jswalker1981

It will get announced when the league thinks we won't have enough money to pay the rookies, and will in turn take another $10 mil as a penalty.

Don't give them any ideas!

[cowboysooner]

So it looks like the Newman money will be used for draft picks and post camp additions and injury cushions. I wish they would just get rid of the farce of June 1 or not June 1 and immediately give the cap relief.

[dez_for_prez]

I logged on this morning planing on make a thread wondering about this very thing.

[JeffInDC]

Originally Posted by AdamJT13

After restructuring the contracts of Orlando Scandrick, Doug Free and Dez Bryant; releasing Terence Newman and David Buehler; and "borrowing" $1.5 million from a future salary cap, we entered the free-agency period $11,386,689 under the salary cap. Newman was designated a "post June 1" cut, so we won't get that $6.016 million of cap relief until June 2 -- in fact, cutting him actually cost us $390,000 of cap room for now, because another player's base salary was added to our top 51 when Newman was released. For now, Newman counts as $8.016 million in dead money. On June 2, that will drop to $2 million. So, one way to look at it is that we entered free agency $17,402,689 under the cap -- we just can't use $6.016 million of it until June 2 or later.

[View Full Quote] None of our signings have been processed by the league yet (it can take a few days when things are busy), but if the initial contract breakdowns are correct, we were $3,657,522 under the cap before signing Dan Connor but after signing Carr, Orton, Pool, Vickers and Bernadeau. If you want to include the Newman savings after June 2, we're "really" $9,673,522 under the cap.

Other than releasing players, the two main ways that we could gain more cap room, if we need it, would be to restructure DeMarcus Ware's contract (saving about $2.75 million) and to sign Anthony Spencer to a contract extension, lowering his cap number from $8.856 million to something less than $5 million, most likely.

Also, keep in mind the Top 51 Rule when we sign or release players in the offseason. This rule states that the only base salaries (or tenders) that count against the cap during the offseason are those of the current players (including unsigned players who were tendered) with the 51 highest cap numbers on the team. Anyone else's base salary does not count against the cap until after the final preseason cutdown. This means that if we sign a player whose 2012 cap number is $2 million, it doesn't use up $2 million of our current cap room -- that player's $2 million gets added to our cap, but he knocks another player out of our Top 51, so that player's base salary no longer counts against the cap. Right now -- after our first five free-agent signings, that is -- our 50th and 51st players' base salaries are $390,000 each (as are those of players 52-57). Our 40th-49th players' base salaries are $465,000 each. So, whatever Connor's 2012 cap number is, subtract $390,000 to see how much cap room we lose. If we sign or cut someone after that, it either knocks someone else out of the Top 51 or puts someone else back into the Top 51, so their base salary gets added or subtracted as necessary.

Adam, whenever you have the time, can you break down what Dallas had before the penalty (including tenders & franchise tags)?

[dez_for_prez]

I logged on this morning planing on make a thread wondering about this very thing. Are we allowed to over spend on our cap now and when june 2 hits be under?

[Beast_from_East]

Considering Mara and Goddell tried to knee cap us on the eve of free agency, I think we did a very good job with what we had to work with.


We are still a little thin at TE and WR, but that can be addressed in the draft if need be. I am fully expecting DeCastro or Glenn at pick 14 to upgrade the line.

[Phoenix]

Many thanks Stephen Jo....ERRRR...AdamJT13! Wow!

[Sam I Am]

Originally Posted by Temo

That wasn't factored, I'm pretty sure.

Adam's pretty good about that. The cap numbers show should already include the $5M in dead money this year.

[ethiostar]

Originally Posted by durrrr

i love you

What s/he said!

[dcowboysfan76]

Thanks Adam, on it as usual

[casmith07]

Originally Posted by Beast_from_East

Considering Mara and Goddell tried to knee cap us on the eve of free agency, I think we did a very good job with what we had to work with.


We are still a little thin at TE and WR, but that can be addressed in the draft if need be. I am fully expecting DeCastro or Glenn at pick 14 to upgrade the line.

It's great. I love how we basically threw it back in their faces.

Now what would be really sweet? Winning the Super Bowl this year somehow.

[Fla Cowpoke]

Never knew the June 1 designation didn't come off the cap until June 1st. I thought when they changed it that it came off immediately. Makes what we have done all the more impressive.

[noletime95]

Is there a specific date Dallas has to be under the cap or does each team have to be under the cap at all times? Obviously Dallas knows Newman's $$$ is coming off the books and could operate accordingly if the specific date to be under the cap was after June 1st.

Thanks Adam.

[Hostile]

Originally Posted by noletime95

Is there a specific date Dallas has to be under the cap or does each team have to be under the cap at all times? Obviously Dallas knows Newman's $$$ is coming off the books and could operate accordingly if the specific date to be under the cap was after June 1st.

Thanks Adam.

By the start of training camp.

[zeke87]

I am guessing TNew's 6 mil cap savings post June will be used to offset the league's 5 mil cap hit for 2013 and assuming we spread out the 10 mil evenly over 2012 and 2013. Per Adam's numbers we could still sign Spencer to a long term deal and use that savings and maybe Ware's possible restructure to find a starting OC and # 3 WR.

The draft will be used to get the BPA which will hopefully be an OG, CB, S, and blocking TE.