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

[cowboy_ron]

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.

Awesome info as usual Adam, thanks man

[AdamJT13]

Originally Posted by TwentyOne

Did you substract the 10 million hit from the league sanction already ? And in case you did how did you distribute it. 5 mills per 2 years or everything against our 2012 cap ?

The cap penalty is included.

Our adjusted salary cap is $133,786,426, which includes $17,132,826 of cap room carried over from last year, $1,500,000 of cap room borrowed from the future, the minus-$5,000,000 penalty and minus-$446,400 in miscellaneous adjustments from previous seasons.

..$120,600,000
+$..17,132,826
+$...1,500,000
-$....5,000,000
-$......446,400
---------------
=$133,786,426

.

[hra8700]

Can we carry all of our extra money to next year or because we carried it over from last year already we cant carry it over again

[hipfake08]

Originally Posted by AdamJT13

The cap penalty is included.

Our adjusted salary cap is $133,786,426, which includes $17,132,826 of cap room carried over from last year, $1,500,000 of cap room borrowed from the future, the minus-$5,000,000 penalty and minus-$446,400 in miscellaneous adjustments from previous seasons.

..$120,600,000
+$..17,132,826
+$...1,500,000
-$....5,000,000
-$......446,400
---------------
=$133,786,426

.

If the Cowboys and Redskins get legal with the NFL and win....
How long will the process take to get back the 5 million.
Will they add back right away of jump it into next year if it is too late.

In the Cowboys case not a monster hit. But the Redskins who are trying to rebuild around an incoming new QB.....

[Disturbed]

So we have $3.6M before Connor deal.

We have to sign all of our draft picks.....this does not look like enough to do that....what am I missing?????

[Trajan]

Pure gold, as usual AdamJT13

[speedkilz88]

Originally Posted by Disturbed

So we have $3.6M before Connor deal.

We have to sign all of our draft picks.....this does not look like enough to do that....what am I missing?????

Brain? kidding, Newman's savings doesn't count until June 2, that money will be plenty for draft picks and Adam already said they could still work Ware's deal or sign Spencer long term for more cap room.

[Disturbed]

Originally Posted by speedkilz88

Brain? kidding, Newman's savings doesn't count until June 2, that money will be plenty for draft picks and Adam already said they could still work Ware's deal or sign Spencer long term for more cap room.

Okay, so the 6M will cover draft picks this year. I was concerned because the first and second round signings typically get paid...salary and signing bonus. 6M does not seem like much to get this done.

[Fla Cowpoke]

Originally Posted by Disturbed

Okay, so the 6M will cover draft picks this year. I was concerned because the first and second round signings typically get paid...salary and signing bonus. 6M does not seem like much to get this done.

Adam has said on multiple occasions the draft picks will add less than 2m to the cap because you have to take off a salary for each guy you add. It's not a big deal.

Stephen Jones was quoted the other day saying the same thing Adam has been saying all along. The cap won't keep us from doing what we want to do.

[AdamJT13]

Originally Posted by Disturbed

Okay, so the 6M will cover draft picks this year. I was concerned because the first and second round signings typically get paid...salary and signing bonus. 6M does not seem like much to get this done.

Unless we trade for more picks, all of our rookies will use up less than $2 million of cap room, because of the Top 51 Rule.

[AdamJT13]

Originally Posted by hra8700

Can we carry all of our extra money to next year or because we carried it over from last year already we cant carry it over again

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

[Disturbed]

Originally Posted by AdamJT13

Unless we trade for more picks, all of our rookies will use up less than $2 million of cap room, because of the Top 51 Rule.

Thank you.

[the_h0wey]

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.

It's funny but when I talk to my friends about what the Cowboys have to spend I always tell them not to worry because Adam will figure it out.

[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.)

[Wulfman]

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.)

And this is why if I ever become an "Official GM", you are going to be my first hire. Excellent stuff, as always, Adam!