Cap impact of cutting players reviewed

xwalker

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I just wanted to review the decision criteria of cutting or keeping a player relative to the salary cap.

For players like Scandrick, Crawford, Witten, Dez etc., only the amount of the base salary is important when deciding to keep or cut them. Dead-money is irrelevant to the decision.


I see many posts where the dead-money is referenced when discussing cutting players but it just confuses the issue and is irrelevant for the Cowboys.

Dead-money is called (unrealized) prorated bonus money when the player is on the team. That money hits the cap with or without the player on the team. It just changes names and the dates when it hits the cap but it's the same total amount either way.

The Cowboys don't manage the cap based on just the current or upcoming year. They manage it based on a multi-year strategy. Back when they were maxed out against the cap in 2013 and previous years, the immediate year was the primary decision criteria; however, those days are long gone.

If you add the next 3 year's cap totals together, that number is reduced by the amount of salary that will not be paid to the player.

This all assumes the player does not have a guaranteed salary or other guarantees which is almost always true if the player played at least 2 years on his current contract. Often the first two years of a contract will be guaranteed.

Scandrick - 3M saved if cut before the start of the 2018 season. It does not matter that there is 3.8M of dead-money. If he stays that 3.8M in dead-money hits the cap as 2.2M of prorated money in 2018 and 1.6M of prorated money in 2019. It's the same total either way.

As long as the team can move money from other contracts into the future, then dead-money from cutting a player is irrelevant to the decision to keep or cut the player.

If they sign a free agent or re-sign their own players, the first year cap hit is normally small. Back when they signed Brandon Carr to a 5-year, 50M contract (10M average) his 1st year cap hit was about 3.8M. That means they likely don't even need to restructure other contracts to sign or re-sign some players.

Savings from cutting players:
Scandrick 3M
Witten 6.5M
Crawford 6M
Dez 12.5M
Mayowa 2.75M
Hanna 2.75M
 

Crown Royal

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Why though? Team has more than enough space going into next year to sign guys like Martin, Lawrence, Hitchens and a free agent. No cuts/reason to eat the dead money unless you have a favorable free agency and draft.
 

xwalker

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Why though? Team has more than enough space going into next year to sign guys like Martin, Lawrence, Hitchens and a free agent. No cuts/reason to eat the dead money unless you have a favorable free agency and draft.
As I said, they manage the cap based on the multiple year outlook.

Keeping over-paid players impacts future years, not just the current year.

Do you save any of your income each paycheck or do you upgrade your car to the most expensive one you can possibly afford? If you get the new car, what happens when your rent or property taxes increase?
 

Manwiththeplan

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I just wanted to review the decision criteria of cutting or keeping a player relative to the salary cap.

For players like Scandrick, Crawford, Witten, Dez etc., only the amount of the base salary is important when deciding to keep or cut them. Dead-money is irrelevant to the decision.


I see many posts where the dead-money is referenced when discussing cutting players but it just confuses the issue and is irrelevant for the Cowboys.

Dead-money is called (unrealized) prorated bonus money when the player is on the team. That money hits the cap with or without the player on the team. It just changes names and the dates when it hits the cap but it's the same total amount either way.

The Cowboys don't manage the cap based on just the current or upcoming year. They manage it based on a multi-year strategy. Back when they were maxed out against the cap in 2013 and previous years, the immediate year was the primary decision criteria; however, those days are long gone.

If you add the next 3 year's cap totals together, that number is reduced by the amount of salary that will not be paid to the player.

This all assumes the player does not have a guaranteed salary or other guarantees which is almost always true if the player played at least 2 years on his current contract. Often the first two years of a contract will be guaranteed.

Scandrick - 3M saved if cut before the start of the 2018 season. It does not matter that there is 3.8M of dead-money. If he stays that 3.8M in dead-money hits the cap as 2.2M of prorated money in 2018 and 1.6M of prorated money in 2019. It's the same total either way.

As long as the team can move money from other contracts into the future, then dead-money from cutting a player is irrelevant to the decision to keep or cut the player.

If they sign a free agent or re-sign their own players, the first year cap hit is normally small. Back when they signed Brandon Carr to a 5-year, 50M contract (10M average) his 1st year cap hit was about 3.8M. That means they likely don't even need to restructure other contracts to sign or re-sign some players.

Savings from cutting players:
Scandrick 3M
Witten 6.5M
Crawford 6M
Dez 12.5M
Mayowa 2.75M
Hanna 2.75M

Even if you only look at the base salary, then you also have to factor in the cost of their replacement. So can we adequately replace Scandrick for 3M or less? I don’t think so. Obviously we won’t get a starting caliber CB for 3M, but I would say we don’t need one. Awuzie, Lewis and Brown will be a good trio, but we would want a veteran on the roster to fill in, in case of an injury, and I think that player won’t be cheaper than 3M. Similar arguments can be made for some of those guys, I think Mayowa *could* be replaced by a mid round pick, so that makes sense. We may only keep 3 TEs depending on Rico, so Hanna makes sense. Witten is worth 6.5M imo, Crawford isn’t, so i think he doesn’t return at that salary. Dez isn’t, but 14 TDs in our last 29 games is a lot to walk away from without a replacement
 

Nightman

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It isn't Dead Money until they are cut
Until they are cut it is prorated and it gets lowered if they stay

So it is disingenuous to say it doesn't matter
When people say you only save 1.8 by cutting TCrawford that is the actual factual bottom line as far as cap space goes.... yes you save the 6m in salary in real dollars but you also lose the production

If you are having a general conversation then yes, new money is all that should matter when cutting someone ....but that is in a vacuum...... the cost to replace the player has to also be examined and how much cap space is saved is important
 

conner01

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Dez is going nowhere
Witten will decide when he’s gone
Scandrick, Crawford, Mayowa, Hanna...bye
I don’t think Crawford is as close to getting cut as some
Scandrick, mayowa are easy choices and depending on what they think of rico Hanna may be expendable
You are right on witten and dez I think
 

Howboutdemcowboys31

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No matter what people think of Dez (and i still think highly of him) he’s our best WR by a mile. You can’t just cut him right now. Draft someone to groom under him with hella speed
 

xwalker

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Even if you only look at the base salary, then you also have to factor in the cost of their replacement. So can we adequately replace Scandrick for 3M or less? I don’t think so. Obviously we won’t get a starting caliber CB for 3M, but I would say we don’t need one. Awuzie, Lewis and Brown will be a good trio, but we would want a veteran on the roster to fill in, in case of an injury, and I think that player won’t be cheaper than 3M. Similar arguments can be made for some of those guys, I think Mayowa *could* be replaced by a mid round pick, so that makes sense. We may only keep 3 TEs depending on Rico, so Hanna makes sense. Witten is worth 6.5M imo, Crawford isn’t, so i think he doesn’t return at that salary. Dez isn’t, but 14 TDs in our last 29 games is a lot to walk away from without a replacement

I agree with that but it's not the point of the thread.

The main point of the thread is that discussing dead-money in regards to cutting or keeping a player is a waste of time and confuses the issue.

If Mayowa was set to make 20M, but the dead-money was 19M for a net 2018 gain of 1M, many people would post that they might as well keep him because you would only gain 1M by cutting him. In reality it would cost 20M for a player that is borderline worth 2.75M.

Scandrick is very cheap for a veteran CB. If you look at CB salaries, most veterans with a pulse get paid more than 3M.

The decision on Scandrick would not be cap related but more about his likely inability to handle being a backup without causing lockerroom problems.

Another benefit of having cap space is that they can wait until after training camp to make decisions about players like Scandrick, Crawford, etc.. If they are satisfied with the replacements, then theuly can cut them and save the money. If not, then keep them another year.
 

Sydla

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Flawed analysis as noted.

Sure, if you make Crawford a June 1 cut in 2018, you save $6MM. Great.

Who you have that's going to replace him and will play like he has this year? Oh, and that $6MM isn't available to you until after June 1.
 

Manwiththeplan

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Another benefit of having cap space is that they can wait until after training camp to make decisions about players like Scandrick, Crawford, etc.. If they are satisfied with the replacements, then theuly can cut them and save the money. If not, then keep them another year.

When you include the $8.6 or so million against the cap that we should be able to roll over, I was able to stay $8.5 million or so under the salary cap by (2018 cap numbers in parenthesis):

Restructuring Tyron Smith ($10.3 million) and Travis Frederick ($5.86 million)
Release Benson Mayowa, James Hanna and Chaz Green
Extend Zack Martin ($8.4 million, just copied Kevin Zeitler's deal)
Franchise Demarcus Lawrence ($17.6 million)
Tender David Irving ($4.15 million), Keith Smith ($1.9 million) and Brian Price ($630K)
Resign Alfred Morris ($1.9 million), Jonathan Cooper ($2.5 million), Byron Bell ($2 million), Kyle Wilber ($1.75 million), Anthony Hitchens ($2.875 million), LP Ladouceur ($1.5 million)

So if we wanted to, yes, we could easily wait until training camp to make decisions on Bryant, Crawford and Scandrick.
 

xwalker

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When you include the $8.6 or so million against the cap that we should be able to roll over, I was able to stay $8.5 million or so under the salary cap by (2018 cap numbers in parenthesis):

Restructuring Tyron Smith ($10.3 million) and Travis Frederick ($5.86 million)
Release Benson Mayowa, James Hanna and Chaz Green
Extend Zack Martin ($8.4 million, just copied Kevin Zeitler's deal)
Franchise Demarcus Lawrence ($17.6 million)
Tender David Irving ($4.15 million), Keith Smith ($1.9 million) and Brian Price ($630K)
Resign Alfred Morris ($1.9 million), Jonathan Cooper ($2.5 million), Byron Bell ($2 million), Kyle Wilber ($1.75 million), Anthony Hitchens ($2.875 million), LP Ladouceur ($1.5 million)

So if we wanted to, yes, we could easily wait until training camp to make decisions on Bryant, Crawford and Scandrick.
Good work.

Another way to look at it is that if I restructure 6 contracts and keep Martin at 9.3M for 2018, then I get 45M in 2018 to sign and re-sign players. That 45M is with Scandrick, Crawford and Dez still on the roster without restructures.
 

Nightman

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When you include the $8.6 or so million against the cap that we should be able to roll over, I was able to stay $8.5 million or so under the salary cap by (2018 cap numbers in parenthesis):

Restructuring Tyron Smith ($10.3 million) and Travis Frederick ($5.86 million)
Release Benson Mayowa, James Hanna and Chaz Green
Extend Zack Martin ($8.4 million, just copied Kevin Zeitler's deal)
Franchise Demarcus Lawrence ($17.6 million)
Tender David Irving ($4.15 million), Keith Smith ($1.9 million) and Brian Price ($630K)
Resign Alfred Morris ($1.9 million), Jonathan Cooper ($2.5 million), Byron Bell ($2 million), Kyle Wilber ($1.75 million), Anthony Hitchens ($2.875 million), LP Ladouceur ($1.5 million)

So if we wanted to, yes, we could easily wait until training camp to make decisions on Bryant, Crawford and Scandrick.

My cuts and salary cap space saved
Hanna 2.75m
Mayowa 2.75m
Scandick 1.4m
TCrawford 1.8m ......... Keep

Restructures
TSmith 8m
TFred 8m
Witten 4m
Lee 3m

Re-do
Dez 6m
ZMartin 4m

That is 40m in cap space added to 25-30m in starting cap space plus rollover = 65-70m available
 
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When you include the $8.6 or so million against the cap that we should be able to roll over, I was able to stay $8.5 million or so under the salary cap by (2018 cap numbers in parenthesis):

Restructuring Tyron Smith ($10.3 million) and Travis Frederick ($5.86 million)
Release Benson Mayowa, James Hanna and Chaz Green
Extend Zack Martin ($8.4 million, just copied Kevin Zeitler's deal)
Franchise Demarcus Lawrence ($17.6 million)
Tender David Irving ($4.15 million), Keith Smith ($1.9 million) and Brian Price ($630K)
Resign Alfred Morris ($1.9 million), Jonathan Cooper ($2.5 million), Byron Bell ($2 million), Kyle Wilber ($1.75 million), Anthony Hitchens ($2.875 million), LP Ladouceur ($1.5 million)

So if we wanted to, yes, we could easily wait until training camp to make decisions on Bryant, Crawford and Scandrick.
I would agree with most of this. But I do have a couple of issues.

1. The Cowboys need to stop the continual restructuring Tyron Smith's deal. By continuing to move back cap charges, his cap number will continue to balloon until it becomes untenable. Especially if Smith continues to have back problems. Best way to deal with his contract is to just ride the contract out going forward with no further adjustments.
2. Why we would re-sign Wilber, I have no idea.
3. Re-signing Hitchens will cost a lot more than that. More likely in the $4M-$5M range. I'm not against re-signing him. Just that it's going to cost more.
4. When it's done Martin deal will be bigger than Zeitler's. How much bigger is anybody guess. But it will be more.
 

Sydla

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When you include the $8.6 or so million against the cap that we should be able to roll over, I was able to stay $8.5 million or so under the salary cap by (2018 cap numbers in parenthesis):

Restructuring Tyron Smith ($10.3 million) and Travis Frederick ($5.86 million)
Release Benson Mayowa, James Hanna and Chaz Green
Extend Zack Martin ($8.4 million, just copied Kevin Zeitler's deal)
Franchise Demarcus Lawrence ($17.6 million)
Tender David Irving ($4.15 million), Keith Smith ($1.9 million) and Brian Price ($630K)
Resign Alfred Morris ($1.9 million), Jonathan Cooper ($2.5 million), Byron Bell ($2 million), Kyle Wilber ($1.75 million), Anthony Hitchens ($2.875 million), LP Ladouceur ($1.5 million)

So if we wanted to, yes, we could easily wait until training camp to make decisions on Bryant, Crawford and Scandrick.

I think if Smith continues to show something, Morris is expendable to me. I'll draft a RB in the mid rounds with a comp pick and if I need help, then I'll find a third TB in August camp. There will be cuts, guys you can get for squat. Shoot, Philly got Jay Ajayi for a 4th round pick.
 

xwalker

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Flawed analysis as noted.

Sure, if you make Crawford a June 1 cut in 2018, you save $6MM. Great.

Who you have that's going to replace him and will play like he has this year? Oh, and that $6MM isn't available to you until after June 1.

That is not the point of the thread.

The point of the thread is that dead-money is irrelevant for the Cowboys in 2018.

If you add 3 years of the cap together (2018, 2019 and 2020) that total is 6M less regardless of June 1st or immediate cut.

Replacing the player is a separate issue from dead-money.
 

FuzzyLumpkins

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My cuts and salary cap space saved
Hanna 2.75m
Mayowa 2.75m
Scandick 1.4m
TCrawford 1.8m ......... Keep

Restructures
TSmith 8m
TFred 8m
Witten 4m
Lee 3m

Re-do
Dez 6m
ZMartin 4m

That is 40m in cap space added to 25-30m in starting cap space plus rollover = 65-70m available

Given how well he is playing and the uncertainty of Witten I see no reason to cut Hanna. I know he is the white elephant sacred cow but if any TE should be cut its 82.
 

Sydla

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I have no issues bringing Witten back.

Just not at a $6.5MM cap number next year.
 
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