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

[Bluefin]

Originally Posted by 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.

I've never heard of that before, either.

Did something change in the new CBA?

The team did Terence Newman a favor by cutting him immediately so he could start visiting new clubs while the free agent market was still hot.

And yet they get punished by having to wait to gain over $6M in cap room the move provided.

Why punish Dallas (or any team)?

I know it hasn't stopped the team from carrying out its free agent plan, so it doesn't really matter, but I see no reason for this accounting rule.

On a side note, what's the 2012 dead money up to now?

$29 million?

[anava]

Originally Posted by Bluefin

I've never heard of that before, either.

Did something change in the new CBA?

The team did Terence Newman a favor by cutting him immediately so he could start visiting new clubs while the free agent market was still hot.

And yet they get punished by having to wait to gain over $6M in cap room the move provided.

Why punish Dallas (or any team)?

I know it hasn't stopped the team from carrying out its free agent plan, so it doesn't really matter, but I see no reason for this accounting rule.

On a side note, what's the 2012 dead money up to now?

$29 million?

Are you really being punished? You dont have to be under the salary cap until training camp starts, so you can still use that money.

[Bluefin]

Originally Posted by anava

Are you really being punished? You dont have to be under the salary cap until training camp starts, so you can still use that money.

My understanding has been teams need to be under the salary cap the first day of the new league year, which is when free agency starts.

Did that change?

Teams were making moves to get under the cap last week prior to the start of free agency, just as usual.

Would they do that if the cap wasn't being enforced until training camp?

[anava]

Originally Posted by Bluefin

My understanding has been teams need to be under the salary cap the first day of the new league year, which is when free agency starts.

Did that change?

Teams were making moves to get under the cap last week prior to the start of free agency, just as usual.

Would they do that if the cap wasn't being enforced until training camp?

I could be wrong.

[AdamJT13]

Originally Posted by Bluefin

My understanding has been teams need to be under the salary cap the first day of the new league year, which is when free agency starts.

Did that change?

Teams were making moves to get under the cap last week prior to the start of free agency, just as usual.

Would they do that if the cap wasn't being enforced until training camp?

Teams have to be under the cap every day of that league year. The 2012 league year began this week.

[Corleone]

Awesome information, your salary cap info is enough reason alone for logging into this site, I can no longer trust the media guys when they talk about the cap. Much appreciated!

[AdamJT13]

Originally Posted by AdamJT13

With Kyle Orton's cap number coming in at $1.9 million instead of the $2,566,667 that had been reported, we would be $4,324,189 under the cap before signing Connor and Livings. That's $666,667 more than what I posted based on the media reports of our signings.

I'll continue to update at the signings are approved by the league and I get the official numbers. Orton and Bernadeau are the only ones so far. (The number above includes the *reported* cap numbers for Carr, Vickers and Pool but not Connor or Livings.)

The cap numbers for Carr and Vickers are now official, with no changes from what was reported. So that $4,324,189 under includes the reported cap number for Pool (which might be $100,000 too high) but nothing for Connor or Livings.

[speedkilz88]

http://espn.go.com/blog/dallas/cowbo...th-6-5-million

Dan Connor’s two-year contract with the Dallas Cowboys totals $6.5 million and includes a $2.7 million signing bonus.

Connor’s base salaries will be $800,000 and $3 million in 2012-13.

[AdamJT13]

Originally Posted by speedkilz88

http://espn.go.com/blog/dallas/cowbo...th-6-5-million

Dan Connor’s two-year contract with the Dallas Cowboys totals $6.5 million and includes a $2.7 million signing bonus.

Connor’s base salaries will be $800,000 and $3 million in 2012-13.

If there are no voidable years tacked on, his cap number this year would be $2.15 million, and we'd have $2,564,189 of cap room before signing Livings and Ogletree.

[JoaquinFenix]

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.

Originally Posted by Hostile

By the start of training camp.

Originally Posted by AdamJT13

Teams have to be under the cap every day of that league year. The 2012 league year began this week.

Oops.

[noletime95]

Going to need to restructure more contracts if Dallas wants to do anything else before the draft. Not much room left.

[Woods]

Originally Posted by noletime95

Going to need to restructure more contracts if Dallas wants to do anything else before the draft. Not much room left.

We save a bit of money with Kosier being released, and I think we could still restructure a couple more contracts, including Ware and re-doing Romo's.

[Fla Cowpoke]

If we had about 2.5m, Ogletree's deal only will take about 200k off the cap. I haven't seen Livings numbers but I am guessing no more than about 1.2m-1.4m in cap hit.

With Kosier's money coming off, I beleive there will be about 1.15m in net cap gain, as he was on the books for 2.95m, his prorated cap hit is 1.4m and with taking him off you gotta add back a minimum salary to the bottom.

So it should be about 3.45m minus Livings deal.

Ware's restructure is readily available. Coleman is the most likely guy to the gallows if money is needed. And Spencer could get a deal.

We could make a quite a bit of money if needed. And Newman's savings are just waiting for June 1st.

Say there is 2m after Livings deal....Ware adds 3m, Coleman would add 1.5(rule of 51 again), Newman adds 5.6-6m. That is up to 12.5m. If we added 2.5m by signing Spencer long term, that is 15m in room. Rookies will take 2m....so 13m for emergency, other shopping if someone we like becomes available, and to carry over to next year if needed. Will offset the 5m punishment and then some.

And if we do decide to fight the cap reduction, we could be in for a nice bounty.

[Blue Eyed Devil]

Originally Posted by AdamJT13

Anything that is left at the end of the year can be carried forward into 2013.

Wait, are you sure this is this true?

I thought the 2011-2012 year was the only year you could move cap space.

[Wulfman]

Originally Posted by Blue Eyed Devil

Wait, are you sure this is this true?

I thought the 2011-2012 year was the only year you could move cap space.

You're questioning whether or not Adam is sure of something cap-related?!?

Really?!?