Cap Numbers for Trading Romo

xwalker

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Trading Romo in 2016 would add about 14.6M to the cap.

It would be very difficult (Extending the contracts for Church, Free, etc) but not impossible to do it. They would need to get a significant draft pick in return to make it worth doing during the 2016 season.

After the 2016, it would be very easy. They actually gain 5M in cap space for 2017 if he is traded.


Current cap hit for 2016: 20.8M

Unrealized dead-money remaining: 19.6M

2016 Base Salary: 8.5M

If they traded him this week, then the new team would pay 10/17ths of his base salary.

10/17 x 8.5M = 5M (really odd that it comes out to exactly 5M, maybe a sign...;))

That means that the Cowboys can subtract that amount from his original cap hit but they have to absorb the 19.6 of dead-money that accelerates into the cap.

20.8M - 5M + 19.6M = 35.4M total cap hit for 2016.

Since 20.8M was already counting against the cap, the net increase would be 35.4M - 20.8M = 14.6M

They are currently about 1M under the cap. They should get more when RoMc is released after his suspension but that only about 2M and won't happen before the trade deadline. Cutting McFadden is only about a 1.25M gain.

It would be very difficult to make that much cap space by simple restructures of other contracts. Dez is the only simple restructure that would free up about 6M for a total of 7.1M under the cap.

They would likely have to extend the contracts of some players because they are near the end of their current deals. Barry Church is in the last year of his contact and Free has 1 year remaining. You can't restructure a player that has no remaining years on his contract without extending his contract (It's possible to add some dummy years, but that gets messy). Even extending Church and Free wouldn't be quite enough. They could squeak out enough by restructuring more contracts, but they would be basically maxed out against the 2016 cap because there is not much "meat on the bone" in terms of contracts available for restructuring in 2016.
 

superonyx

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Only saves 5 million next season. Then would have to pay 3 million for a backup on Sanchezs level...

Won't be gaining anything but a potential bad situation.
 

John813

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Only saves 5 million next season. Then would have to pay 3 million for a backup on Sanchezs level...

Won't be gaining anything but a potential bad situation.

Wonder how it breaks down for 2018, when some more key guys need to be re-signed.

Trading him this year makes negative sense.

Cutting him in 17 makes more sense, but still have 10 more games+ to go before we ultimately decide on his fate.
 

lkelly

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Jerry would probably have to get an obscene amount of compensation in order to trade Romo during this season. We're talking draft picks and a National Hockey League franchise. No way is he going to risk an injury leaving him only Buttfumble as his starting QB during a season where even the non-Johnny Walker drunks can see that Dallas has a legit playoff shot. It's the same reason he didn't trade Leary for a mid-round pick. He saw the value in having a 6th starter on hand (at a reasonable salary to boot) and it paid off.

Next season is where the rubber meets the road. It gets extra sticky if Dak remains the starter and wins into the playoffs. If he's benched for Romo and the team starts to struggle, then different story.

Rarely mentioned is Romo's take on all this. I'm sure that his willingness to do certain things or his urgent desire to play need to be factored into any outcome. He may refuse to play for the Browns but might consider the Jets. He might retire. He could come back in the Cleveland game and win out, then take a hard line stand that he should be under center in Dallas next September.

So many twists and turns to navigate, but that doesn't work well with the ESPN/Fox Sports donkey braying talk show agenda. Shoot first then aim later.
 

lkelly

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Oh, and not a shot at the original post which contained great info.
 

xwalker

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Only saves 5 million next season. Then would have to pay 3 million for a backup on Sanchezs level...

Won't be gaining anything but a potential bad situation.
That is not a good way to look at the cap and it's not how teams look at it.

His base salary is 14M in 2017. That is a actual amount that gets added to the overall cap when you consider all years. Teams manage the cap on a multi-year basis, not just based on the cap implication for 1 year.

They're paying Sanchez 2M this year.
 
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Jerry would probably have to get an obscene amount of compensation in order to trade Romo during this season. We're talking draft picks and a National Hockey League franchise. No way is he going to risk an injury leaving him only Buttfumble as his starting QB during a season where even the non-Johnny Walker drunks can see that Dallas has a legit playoff shot. It's the same reason he didn't trade Leary for a mid-round pick. He saw the value in having a 6th starter on hand (at a reasonable salary to boot) and it paid off.

Next season is where the rubber meets the road. It gets extra sticky if Dak remains the starter and wins into the playoffs. If he's benched for Romo and the team starts to struggle, then different story.

Rarely mentioned is Romo's take on all this. I'm sure that his willingness to do certain things or his urgent desire to play need to be factored into any outcome. He may refuse to play for the Browns but might consider the Jets. He might retire. He could come back in the Cleveland game and win out, then take a hard line stand that he should be under center in Dallas next September.

So many twists and turns to navigate, but that doesn't work well with the ESPN/Fox Sports donkey braying talk show agenda. Shoot first then aim later.

I really don't think Jerry is sweating the financials of it. Romo's salary and cap number is already built into the financial model. And to your point, having Romo as a backup is a great situation to be in, all we need to do is look at our backup QB situation last year.

On the other hand, if Romo remains on the bench indefinably and he's miserable about it, the motivation would be with him to rework his contract to make him more trade-able, etc. Honestly think it's a win win for JJ and the Cowboys.
 

jobberone

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As I've said, the 14.6M comes from guaranteed money of 5.7M 2017, 5.7M 2018, and 3.2M 2019. He has a signing bonus of 5M 2017 that I think has to be accelerated as part of his restructure but I'm not certain is that counts IF he is traded in the next offseason.

It would take two R1s and maybe more for me to trade him.
 

pugilist

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As I've said, the 14.6M comes from guaranteed money of 5.7M 2017, 5.7M 2018, and 3.2M 2019. He has a signing bonus of 5M 2017 that I think has to be accelerated as part of his restructure but I'm not certain is that counts IF he is traded in the next offseason.

It would take two R1s and maybe more for me to trade him.
This, and nobody is paying that for an aging QB with an accelerated recent injury history
 

sean10mm

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I've seen contradictory numbers for this, but the upshot is the same: trading or even cutting Romo in the 2016 season is tricky in terms of the cap and probably not realistic even if they were interested. Which as far I know they aren't.

After that though it's 100% feasible and gains the team cap room down the line.
 

rd26

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Trading Romo in 2016 would add about 14.6M to the cap.

It would be very difficult (Extending the contracts for Church, Free, etc) but not impossible to do it. They would need to get a significant draft pick in return to make it worth doing during the 2016 season.

After the 2016, it would be very easy. They actually gain 5M in cap space for 2017 if he is traded.


Current cap hit for 2016: 20.8M

Unrealized dead-money remaining: 19.6M

2016 Base Salary: 8.5M

If they traded him this week, then the new team would pay 10/17ths of his base salary.

10/17 x 8.5M = 5M (really odd that it comes out to exactly 5M, maybe a sign...;))

That means that the Cowboys can subtract that amount from his original cap hit but they have to absorb the 19.6 of dead-money that accelerates into the cap.

20.8M - 5M + 19.6M = 35.4M total cap hit for 2016.

Since 20.8M was already counting against the cap, the net increase would be 35.4M - 20.8M = 14.6M

They are currently about 1M under the cap. They should get more when RoMc is released after his suspension but that only about 2M and won't happen before the trade deadline. Cutting McFadden is only about a 1.25M gain.

It would be very difficult to make that much cap space by simple restructures of other contracts. Dez is the only simple restructure that would free up about 6M for a total of 7.1M under the cap.

They would likely have to extend the contracts of some players because they are near the end of their current deals. Barry Church is in the last year of his contact and Free has 1 year remaining. You can't restructure a player that has no remaining years on his contract without extending his contract (It's possible to add some dummy years, but that gets messy). Even extending Church and Free wouldn't be quite enough. They could squeak out enough by restructuring more contracts, but they would be basically maxed out against the 2016 cap because there is not much "meat on the bone" in terms of contracts available for restructuring in 2016.

I don't believe this is correct.

A post June 1st trade should be counted the same as a cut.

This seasons portion of all bonus money would be absorbed, but it is already accounted for.

We would recoup some salary and have 19 mil in dead cap next season.
 

Toruk_Makto

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We aren't moving him this year in season when we have a team that can presumably contend in the playoffs. If they were so inclined a trade wouldn't happen until next offseason when there is actually relief in moving him.
 

superonyx

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Wonder how it breaks down for 2018, when some more key guys need to be re-signed.

Trading him this year makes negative sense.

Cutting him in 17 makes more sense, but still have 10 more games+ to go before we ultimately decide on his fate.
Any player is 1 hit away from their season being over.
Dak looks good so far and we all hope it continues. But 6 games (or even a season) may not be enough to throw away the 2nd highest rated QB in NFL history just to save 5 million in cap space that we will spend on another tyrone Crawford ect.

only 18 Qb's played all 16 games last season. No way I want to roll the dice and end up watching Mark Sanchez or Kellen Moore.
 

yimyammer

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That is not a good way to look at the cap and it's not how teams look at it.

His base salary is 14M in 2017. That is a actual amount that gets added to the overall cap when you consider all years. Teams manage the cap on a multi-year basis, not just based on the cap implication for 1 year.

They're paying Sanchez 2M this year.

Would it be accurate to say that if Romo stays on the roster next year it would add 14M to the cap making the total cap benefit from his departure $19M?

hopefully my question makes some sense

Does anyone know if there is a specific rule that prohibits the trading of Cap dollars? I'm assuming there is or we'd see a lot more trades
 

Verdict

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As I've said, the 14.6M comes from guaranteed money of 5.7M 2017, 5.7M 2018, and 3.2M 2019. He has a signing bonus of 5M 2017 that I think has to be accelerated as part of his restructure but I'm not certain is that counts IF he is traded in the next offseason.

It would take two R1s and maybe more for me to trade him.

That's my take as well. They would move the world to make it happen during this year if the compensation was right. But it would take two first rounders at least to make it worth the effort to make it happen. Certainly no less than a first and a third to jump through all these hoops for a low first round pick that Denver is likely to have.
 
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