12.3 Million under the cap per CNNSI

[Bass-Assasin]

As per CNNSI we are 12.3 million under the cap anyone else heard such high numbers

 

[MichaelWinicki]

As per CNNSI we are 12.3 million under the cap anyone else heard such high numbers

Not when you figure in the $6 mil for Austin, Hurd, Proctor & Bowen.

 

[dougonthebench]

I wonder just how much will be promised to players in the future,if there's no salary cap next year?

 

[Verdict]

Not when you figure in the $6 mil for Austin, Hurd, Proctor & Bowen.

The cap number for those players' tender will not nearly be that high.

 

[unionjack8]

unless we sign them to a longer term deal or cut them that 1.565 million will be the cap number for all 4 players this year.

 

[Longboysfan]

I will wait till Adam tells us the right number.

I wonder if he is forbidden to talk to us here........

 

[dueyhemlock]

The cap number for those players' tender will not nearly be that high.

Compensation Amount

Original Draft Round.......$1.01 Million

2nd Round Pick................$1.545 Million

1st Round Pick.................$2.198 Million

1st & 3rd Round Pick.......$2.792 Million


http://www.nationalfootballpost.com/2009/02/2009-restricted-free-agent-tenders/


This amount $1.545 X 4 = $6.180 mil, that will chop our spending.

 

[Temo]

Compensation Amount

Original Draft Round.......$1.01 Million

2nd Round Pick................$1.545 Million

1st Round Pick.................$2.198 Million

1st & 3rd Round Pick.......$2.792 Million


http://www.nationalfootballpost.com/2009/02/2009-restricted-free-agent-tenders/


This amount $1.545 X 4 = $6.180 mil, that will chop our spending.

What he means to say is that these players will probably be signed to long term contracts that will lower their cap number this year. The exceptions being Hurd and Proctor, for whom I have no idea what the long term plans are.

 

[AdamJT13]

unless we sign them to a longer term deal or cut them that 1.565 million will be the cap number for all 4 players this year.

I think what he meant is that the impact on our cap for those four tenders doesn't equal $6 million. They actually reduce our cap room by only $4.64 million because of the Rule of 51. (If that's not what he meant, he's correct anyway.)

Even with those tenders, the $12.3 million is about right -- even before we do anything with Brad Johnson, Greg Ellis, Roy Williams, etc. I'm not sure why the talk of releasing Ellis has died down. That alone would give us as much as $5.265 million more cap room.

 

[dueyhemlock]

What he means to say is that these players will probably be signed to long term contracts that will lower their cap number this year. The exceptions being Hurd and Proctor, for whom I have no idea what the long term plans are.

I think if we resign Austin or Bowen, we'll be lucky to keep it under that figure of $1.545. If the tenders are not guaranteed once they are signed, maybe Protor and Hurd will be booted once a capable replacement is found.

 

[dueyhemlock]

I think what he meant is that the impact on our cap for those four tenders doesn't equal $6 million. They actually reduce our cap room by only $4.64 million because of the Rule of 51. (If that's not what he meant, he's correct anyway.)

Even with those tenders, the $12.3 million is about right -- even before we do anything with Brad Johnson, Greg Ellis, Roy Williams, etc. I'm not sure why the talk of releasing Ellis has died down. That alone would give us as much as $5.265 million more cap room.

WOW, thanks Adam.

Do you know if tenders are guaranteed once signed?

 

[Bob Sacamano]

Adam makes things so much easier

 

[Plumfool]

I think what he meant is that the impact on our cap for those four tenders doesn't equal $6 million. They actually reduce our cap room by only $4.64 million because of the Rule of 51. (If that's not what he meant, he's correct anyway.)

Even with those tenders, the $12.3 million is about right -- even before we do anything with Brad Johnson, Greg Ellis, Roy Williams, etc. I'm not sure why the talk of releasing Ellis has died down. That alone would give us as much as $5.265 million more cap room.

Much thanks and yes please tell Mr. Ellis BYE BYE

 

[AdamJT13]

Do you know if tenders are guaranteed once signed?

No, RFA and EFA tenders are not guaranteed once signed. Only franchise and transition tenders are guaranteed.

 

[mperfection]

I think what he meant is that the impact on our cap for those four tenders doesn't equal $6 million. They actually reduce our cap room by only $4.64 million because of the Rule of 51. (If that's not what he meant, he's correct anyway.)

Even with those tenders, the $12.3 million is about right -- even before we do anything with Brad Johnson, Greg Ellis, Roy Williams, etc. I'm not sure why the talk of releasing Ellis has died down. That alone would give us as much as $5.265 million more cap room.

If this is true, would it make sense to release Ellis and go after, say, a former STUD DE from Carolina whose last name rhymes with steppers?

Just asking.

 

[dueyhemlock]

No, RFA and EFA tenders are not guaranteed once signed. Only franchise and transition tenders are guaranteed.

I've been bouncing around the net today in search of this answer.

Thanks Adam........

 

[SLATEmosphere]

I'm with you Adam..I've been calling for Ellis's head for 2 years now. Get packin!

 

[Verdict]

I think what he meant is that the impact on our cap for those four tenders doesn't equal $6 million. They actually reduce our cap room by only $4.64 million because of the Rule of 51. (If that's not what he meant, he's correct anyway.)

Even with those tenders, the $12.3 million is about right -- even before we do anything with Brad Johnson, Greg Ellis, Roy Williams, etc. I'm not sure why the talk of releasing Ellis has died down. That alone would give us as much as $5.265 million more cap room.

Exactly. I have heard you talk about the Rule of 51??? enough to know that you have to subtract the cap number of the player that gets bumped off the low end.