Adam cap Super Guru, how much cap money left after signing Hamlin

[cowboyjoe]

Adam or any salary cap guru, after signing Hamlin to a 6 year deal, how much money do we have in the cap now. Do we have enough to sign Canty, and enough to sign our draft picks?

How much money would it take that the Cowboys are allowed to sign draft picks against the cap money?

Then, would we have enough left to go get Chris Simms if he becomes avialable? If we can do alll of this underneath the cap, I think we will be allright.

Sure, I would like to see the Cowboys go get roy williams wr from detriot, but sometimes it might be better to let the team jell and play as a team, depending on each other, and growing as players.

So, Adam how much cap money do we have left now after signing Hamlin, how much to sign Canty do you think, how much to sign our draft picks and then how much would the cowboys have left, thanks joe

 

[cobra]

Jerry and Stephen know what they doing. They know who they would like to sign and what it is going to take it.

Have faith: if we have thought of it, so have they. They know much more about this and are planning accordingly.

 

[tunahelper]

Jerry and Stephen know what they doing. They know who they would like to sign and what it is going to take it.

Have faith: if we have thought of it, so have they. They know much more about this and are planning accordingly.

Ah, but Adam is Stephen you see?

 

[Yeagermeister]

If I remember correctly Adam said signing Hamlin to a long term deal would create more cap space.........but I could be wrong.

 

[sjordan6]

I dont claim to be a cap guru like Adam but I do know that the Hamlin signing does give the Cowboys some cap relief as oppose to him signing the franchise offer of $4.5 mill, the total number that would affect the cap.

The $9 mil signing bonus is actually spreaded out over the length of the contract. That means that Hamlin receives $9 mil today but only $1.5 mil will actually affect the cap. The remaining salary is negotiated in cap hits but normally the player receiver the bulk of his money in the first few years.

Basically, Hamlin would have hit the cap for about $4.5 mil (franchise tag) but his signing saves about $3 mil in cap space this season.

How did I do Adam?

 

[cowboyjoe]

wow really sjordan, if we can save say 2 million from the franchise tag, id be happy;

that means we might have enough money still to sign canty, draft picks, and chris simms if the cowboys can get him too;

 

[CrazyCowboy]

I don't even worry about cap issues.....we have the BEST in the business running our team.

Mr. Stephen Jones.

 

[dueyhemlock]

I dont claim to be a cap guru like Adam but I do know that the Hamlin signing does give the Cowboys some cap relief as oppose to him signing the franchise offer of $4.5 mill, the total number that would affect the cap.

The $9 mil signing bonus is actually spreaded out over the length of the contract. That means that Hamlin receives $9 mil today but only $1.5 mil will actually affect the cap. The remaining salary is negotiated in cap hits but normally the player receiver the bulk of his money in the first few years.

Basically, Hamlin would have hit the cap for about $4.5 mil (franchise tag) but his signing saves about $3 mil in cap space this season.

How did I do Adam?

The 1.5 prorated bonus is right. Then there is the other 6 mil guaranteed left. Probably spread out over the 1st 2 years.

Remember the axing of the labor agreement, his contract has an 30% (?) annually increase , so no drastic increases between years.

I'd say probably a wash this season between the tag amount and 1st year total cap hit, maybe a small savings. I hope it's more for Canty's sake.

 

[BigDave95]

I dont claim to be a cap guru like Adam but I do know that the Hamlin signing does give the Cowboys some cap relief as oppose to him signing the franchise offer of $4.5 mill, the total number that would affect the cap.

The $9 mil signing bonus is actually spreaded out over the length of the contract. That means that Hamlin receives $9 mil today but only $1.5 mil will actually affect the cap. The remaining salary is negotiated in cap hits but normally the player receiver the bulk of his money in the first few years.

Basically, Hamlin would have hit the cap for about $4.5 mil (franchise tag) but his signing saves about $3 mil in cap space this season.

How did I do Adam?

You're correct about the pro-rated signing bonus but you also have to factor in his 2008 salary. First year bases are usually low so you can guesstimate about $1M. So his signing will probably save us in the $2M range.

 

[BigDave95]

The 1.5 prorated bonus is right. Then there is the other 6 mil guaranteed left. Probably spread out over the 1st 2 years.

Remember the axing of the labor agreement, his contract has an 30% (?) annually increase , so no drastic increases between years.

I'd say probably a wash this season between the tag amount and 1st year, maybe a small savings. I hope it's more for Canty's sake.

That extra money could be in a guaranteed roster bonus that can later be converted to a signing bonus. It's all a guess until we see the structure.

I doubt they'd give him a $9M signing bonus AND guarantee any 1st year salary. Doesn't really make sense. There will be a saving this year but it doesn't really matter because we're in fine cap shape.

 

[SMCowboy]

The $9 mil signing bonus is actually spreaded out over the length of the contract. That means that Hamlin receives $9 mil today but only $1.5 mil will actually affect the cap. The remaining salary is negotiated in cap hits but normally the player receiver the bulk of his money in the first few years.

Actually his signing bonus can not be spread out over all 6 years because of the labor agreement being axed, the bonus can not be spread out into uncapped years. A LARGE reason why we signed Barber, and Newman when we did, we would not have been able to spread out their signing bonus's for all 6 years of the contract.

 

[AdamJT13]

We'll see how Hamlin's contract is structured, but it almost certainly saves cap room this season. His cap number could be as low as $2.105 million, and he has been counting $4.4 million. So we might have saved $2.295 million.

Signing all of our draft picks and having Adam Jones reinstated will use up no more than $2,331,123 of our cap room, so we'd be right back to about where we are right now.

 

[dueyhemlock]

The 1.5 prorated bonus is right. Then there is the other 6 mil guaranteed left. Probably spread out over the 1st 2 years.

Remember the axing of the labor agreement, his contract has an 30% (?) annually increase , so no drastic increases between years.

I'd say probably a wash this season between the tag amount and 1st year total cap hit, maybe a small savings. I hope it's more for Canty's sake.

That extra money could be in a guaranteed roster bonus that can later be converted to a signing bonus. It's all a guess until we see the structure.

I doubt they'd give him a $9M signing bonus AND guarantee any 1st year salary. Doesn't really make sense. There will be a saving this year but it doesn't really matter because we're in fine cap shape.

With the annually increase (30%-?)of the 6 year contract, you have to account for the other 30 mil adding up. So this may cause a larger base this year than in a normal contract would of. (less savings or a poss. wash)

So with a larger base, why not guarantee it to prevent a future bonus.

 

[Rampage]

We'll see how Hamlin's contract is structured, but it almost certainly saves cap room this season. His cap number could be as low as $2.105 million, and he has been counting $4.4 million. So we might have saved $2.295 million.

Signing all of our draft picks and having Adam Jones reinstated will use up no more than $2,331,123 of our cap room, so we'd be right back to about where we are right now.

how many years does Roy have left on his contract?

 

[dueyhemlock]

We'll see how Hamlin's contract is structured, but it almost certainly saves cap room this season. His cap number could be as low as $2.105 million, and he has been counting $4.4 million. So we might have saved $2.295 million.

Signing all of our draft picks and having Adam Jones reinstated will use up no more than $2,331,123 of our cap room, so we'd be right back to about where we are right now.

What about the 30% increase rule?

 

[Aven8]

Room to sign Chris Simms???????? Are you guys nuts?? This guys sucks! Even all of my UT buddies think he sucks! Give the Simms story a rest.....we are trying to get better as a team....not go backwards!

 

[AdamJT13]

What about the 30% increase rule?

The 30 Percent Rule applies to the 2010 season and beyond, and it's based on the player's total salary for 2009.

Whatever his total salary is in 2009 (base salary plus any roster bonus, reporting bonus and other unprorated amounts), calculate 30 percent of that, and that's the maximum increase for his total salary in 2010, 2011, 2012 and 2013.

 

[dueyhemlock]

The 30 Percent Rule applies to the 2010 season and beyond, and it's based on the player's total salary for 2009.

Whatever his total salary is in 2009 (base salary plus any roster bonus, reporting bonus and other unprorated amounts), calculate 30 percent of that, and that's the maximum increase for his total salary in 2010, 2011, 2012 and 2013.

Ok, thanks Adam. (you da man)

It's the uncapped years. Learn something new everyday. :

 

[AdamJT13]

It's the uncapped years.

Correct. It's to prevent teams from creating tiny cap hits in the capped seasons and giving players huge raises in the first uncapped season and/or any uncapped seasons after that.

 

[Pabst]

Personally, I'm kind of hoping this years' base salary is larger. Slowly but surely, the Cowboys are opening up cap room this season, and I'm not altogether sure why. Try to get some of the contract out of the way while we have the cap space, if nothing else than to ease some of the burden next year. It's always good to have an extra 2 mil or so before the season starts, in case someone goes down and the team needs to bring in a replacement. But, any after that, it's really just wasted cap room, unless you exploit the LTBE loophole, ala Minnesota.

Off that topic, who wants to bet that the extra 6 mil or so guaranteed money is Hamlin's base salary for the first couple years? Teams seem to be doing that a lot more lately (Pumps up the gm in the contract, making the agents happy, and it's not like the players are gonna jump town the first two years, so it makes the owners happy), whereas in the past it was only in extraordinary circumstances (Marino's contract comes to mind) that yearly salaries were guaranteed.