Escape from Salary Cap Jail

[Nightman]

After Romo's deal they are now 5.5m under the cap. Come June 1st they get 2m from Spears and can get 7m from Free. If they re-do Spencer(I think they should) 5m more. That's 19.5m under minus the draft picks at 1.8m and you're at roughly 18m. It would be nice to carry over at least 10m for 2014, leaving around 8m for a couple FAs, the complete 53 man roster and practice squad and some insurance for mid season replacements.

 

[Hoofbite]

Doesn't free only open up like $5M?

Also curious about it being "nice" to carry over $10M. Presumably some of that money comes from the fact that they spread Free's hit out. Pay it now and have less to carry over or pay it next year with more to carry over, is there much of a difference?

 

[RoyTheHammer]

Somehow im thinking this math doesn't add up.

 

[Nightman]

Doesn't free only open up like $5M?

Also curious about it being "nice" to carry over $10M. Presumably some of that money comes from the fact that they spread Free's hit out. Pay it now and have less to carry over or pay it next year with more to carry over, is there much of a difference?

Free's entire 7m salary would be saved against the cap. You could take all 8.3m of dead money this year or leave 4.9m for next year after June 1st. Really doesn't make a difference, but you would only carry over 5m by taking the hit now. I would rather have it available and carry it over, then to use it up and possibly need it.

 

[Nightman]

Somehow im thinking this math doesn't add up.

What glaring mistakes do you see?

 

[Cowboys22]

Don't forget the $5 million coming back from the cap penalty. They could do very well carrying over a good chunk next year. They are slated to be well over the cap again next year and this could really help.

 

[mmillman]

more like a temporary reprieve

 

[RoyTheHammer]

What glaring mistakes do you see?

I just don't think you have the right values. I don't think we're going to be anywhere near 18 million under the cap come June 1st.

 

[Galian Beast]

Is anyone calculating for the guaranteed money we owe Free?

 

[BrassCowboy]

carry over? has the nfl become like at&t now?

from what I know, there is no carry over of cap money available from one year to next. if you don't spend it, then you lose it

 

[irishline]

carry over? has the nfl become like at&t now?

from what I know, there is no carry over of cap money available from one year to next. if you don't spend it, then you lose it

Any cap money not spent in one year can in fact be carried over to the next year, it was written into the 2011 CBA, but I believe was part of the previous one as well.

http://forums.twobillsdrive.com/topic/141339-the-2011-cba-has-a-salary-cap-carry-over-clause/

(v) Carrying Over Room. A Club may "carry over" Room from one League Year to the following League Year by submitting notice in writing signed by the owner to the NFL no later than fourteen (14) days prior to the start of the next League Year indicating the maximum amount of Room that the Club wishes to carry over. The NFL shall promptly provide a copy of any such notice to the NFLPA. The amount of Room carried over will be adjusted downward based on the final Room available after the year-end reconciliation.

 

[Galian Beast]

carry over? has the nfl become like at&t now?

from what I know, there is no carry over of cap money available from one year to next. if you don't spend it, then you lose it

Not accurate. there is rollover.

 

[irishline]

Is anyone calculating for the guaranteed money we owe Free?

Doug Free's contract had a $17 Million guarantee in it. Looking at his last two years base salaries plus bonus and restructure bonus we have already paid him that figure. So his cap hit if released would just be the prorated bonus pre or post June 1st.

Here's his figures (if your eyes can handle it... ugh)

http://www.spotrac.com/nfl/dallas-cowboys/doug-free/


$10,300,000 signing bonus
$ 4,800,000 Restructure bonus
$ 700,000 2011 Salary
$ 1,200,000 2012 Salary

$17,000,000 Paid already on contract

 

[cowboysooner]

Doug Free's contract had a $17 Million guarantee in it. Looking at his last two years base salaries plus bonus and restructure bonus we have already paid him that figure. So his cap hit if released would just be the prorated bonus pre or post June 1st.

Here's his figures (if your eyes can handle it... ugh)

http://www.spotrac.com/nfl/dallas-cowboys/doug-free/


$10,300,000 signing bonus
$ 4,800,000 Restructure bonus
$ 700,000 2011 Salary
$ 1,200,000 2012 Salary

$17,000,000 Paid already on contract

1/2 of the signing bonus has not been charged and 2/3rds of the restructure bonus has not been charged. So while we don't owe Free another guaranteed dollar we have cap charges for him still outstanding of $5.15 million and $3.2 million. Those were to be absorbed evenly over the next 2 years but if we cut him prior to June 1 (or not designate him as June 1) the $8.35 million accelerates onto the current cap.

 

[Venger]

but if we cut him prior to June 1

Come on June 2nd...