Cowboys have $147M in 2014 cap commitments. At least $20M over projected cap already.

Discussion in 'Overtime Zone' started by RS12, Sep 21, 2013.

  1. Hoofbite

    Hoofbite Well-Known Member

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    If 2014 is bad....what's 2015?


    What is that? 9 players, $95M in cap space?

    See any names NOT on that list. Dez Bryant and Tyron Smith, perhaps?

    Any talk of restructuring contracts next year will only inflate these numbers. At best, because you spread the amount over 5 years, Dallas will increase their 2015 by $0.20 for every dollar restructured.

    Good news is.......if Dallas can get 44 undrafted free agents to fill out the rest of the roster they'll have like $20M in cap space.
  2. Jerryrage

    Jerryrage Well-Known Member

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    Dead money this year is almost 15 million and next year will be almost 12 million. I don't see Ware and Austin on the roster next year.
  3. Smith22

    Smith22 Well-Known Member

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    So how exactly do you propose getting under the cap?
  4. T-RO

    T-RO Well-Known Member

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    This is like looking at the national debt. It's dead scary yet people live in denial about the coming pain. We are likely to lose 2 out of these 3 to free agency: Hatcher, Dez and TSmith.
    Common Sense likes this.
  5. Common Sense

    Common Sense Well-Known Member

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    Absolutely. Restructuring contracts year to year is an awful lot like running at a budget deficit. It's only kicking the can down the road into future years. It doesn't just go away -- it adds up.
  6. Hoofbite

    Hoofbite Well-Known Member

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    I don't think they have much choice. They're probably going to have to restructure in 2014, upping the cap hits for 2015 and beyond.

    If you look at the 2014 cap and how much money the team could even free up by cutting people, there's not much to be had.

    The single biggest move to reduce the 2014 cap is probably off the table because that move is cutting DeMarcus Ware. Cap figure of $16M with $8.5M hitting the cap no matter what. Team would lower the cap figure by $7.5M by cutting him.​

    After him there's Doug Free. Cutting him would lower the cap figure by $3.5M. This is also probably off the table because Free is killing it right now and he's probably a steal at $6M against the cap. In the offseason I was in favor of cutting him because I didn't see any way he would rebound. Worst-to-first just didn't seem possible. I did say though that if by somehow he could play well it might be a blessing because his cap number would be low. He's exceeded "well" so far and his cap figure is too good to let go for that production.

    Next on the list: Bruce Carter, Jeremy Parnell and Phil Costa. Cutting them would lower the cap figure by $1.5M for each. Doubtful Bruce goes. Parnell, who knows. Cap figure less than $2M so probably not unless they find a swing tackle on the cheap somewhere. Phil Costa is pretty much a no brainer.​

    Other notable players and the amount of cap space that cutting them would open up:
    Kyle Orton: $1M
    Bernadeau: $900K
    David Arkin: $600K
    Matt Johnson: $500K​

    There's not just a lot there and when you consider than even a rookie UDFA will cost like $350K, you're not doing much to cut down on the cap total. You have players with high cap numbers like Witten, Austin, and Scandrick but there's no relief in 2014 even if you could find it in yourself to part with Witten. I think Austin would give you $400K and Scandrick would cost you an extra $100K.​

    That said, here' what I would suggest.

    I'd look at both 2014 and 2015 and see what I could do to get the best result. I'm not going to consider splitting cap dead money because it's too much hassle. For the purposes of 2014 I'd cut Phil Costa, Orton, Arkin, Johnson. And the sake of 2015 I'd take the cap neutral move of cutting Austin and Scandrick. I would also cut Bernadeau for 2014 but also 2015.​

    Orton, Costa, Arkin and Johnson would give you about $3.6M​

    Bernadeau, Austin and Scandrick would give you about $1.2M​

    I paired Austin, Scandrick and Bernadeau together because they're on the list for 2015's sake and if you cut them after this season and take the full dead money in 2014 the team will free up about $20M of cap space for 2015. Bernadeau and Austin aren't contributing and while I like Scandrick, sometimes you gotta make those moves. I'm not sure I would pay him $7M in 2015 knowing that Claiborne is going to need a new contract shortly after.​

    That frees up $5M but there's still a long ways to go. Spotrac has Dallas at $143M. They have $2M in space which will carry over and there will probably be a small increase. This would put Dallas at like $134 to $135M?​

    So what's left? You have the big base salaries you can restructure. Romo, Ware, Carr, Witten. There are some smaller base salaries that can give a bit of room such as Lee. But after that there isn't much left because some of the other candidates are listed above as guys I would cut. As far as restructuring goes, I've covered a few players but here's a breakdown of the future cap implications.

    Starting in 2014, restructuring would give the following cap numbers through 2018:

    The increase in cap figure from the currently written contract is next to the name. What follows are the cap hits from 2014 to 2018. I assumed base salaries dropped to $1M and the rest of the money was prorated over fives years. I've added a year to Carr, Ware and Witten. Pretty sure this is usually done to get the most bang out of restructuring. Doesn't really matter to the player. If he makes that season he gets what is likely one of his highest base salaries paid to him and if he doesn't make it, he's in no worse of a position than if he hadn't restructured at all.
    Carr: (+$1.3M) $7M, $14M, $15M [2016], $14M, $11M (Added a year to the deal)
    Ware: (+$2.25M) $7M, $19.7M, $16M [2016], $16M, $12M (Added a year to the deal)
    Witten: (+$800K) $5M, $9M, $7M [2016], $8M, $9M, $7M (Added a year to the deal)

    Lee: (+$900K) $4M, $5.4M, $6M [2016], $10M, $8M (Has additional year remaining)

    Romo: (+$2.5M) $11M, $27M, $17M [2016], $21M, $22M (Has additional year remaining). Obviously not gonna roll with $27M so I would assume another restructure in 2015.

    2nd Restructure & Cap Figures for 2015 to 2018: (+$3.2M) $14M, $20M [2016], $25M, $24M​

    Romo, Ware and Lee would give about $22.6M in space. I'm guessing that would be like $10M under the cap but also raises the cap figure like $5M for every year after 2014.

    The answer is, who knows what they should do. I guess my answer would have been to never create a situation in which you absolutely have to restructure every single year just to get under the cap. How many times can you increase the amount for seasons 3-4 years down the road before all the restructuring accumulates into an inflated cap number?

    I've thought of a couple routes they could go but this post is long-winded as it is. One of them is kind of interesting and has me wondering how it would play out. I might throw something together here after a bit.
  7. Smith22

    Smith22 Well-Known Member

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    new article now posted on underthecap that shows how we can get under the cap.

    The most troubling contract is Ware. Would he consider taking a paycut if he fights through injuries the rest of the year?
  8. Smith22

    Smith22 Well-Known Member

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    Ware won't be on the roster in 2015 with a base of 13.75 million. Austin will be long gone as well (6.8 million base).

    If Romo still can deliver, you restructure again. His last 2 years are all base salary. If not, Cut him and save money.

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