Jarntt
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You have to look at the cap over time not year by year because the team can always restructure contracts to move money back. If we want to cut Dak next year, the cap won’t be a reason not to and in fact we save $34M over the next two years If we cut him.
If we let him play out his contract his cap hits are:
2024 $59.5M; 2025 $36.5M
If we cut him next year his cap hits are:
2024 $25.5M; 2025 $36.5M or $34M less
now if we extend him the savings next year isn’t what people are thinking because almost half of next years cap hit is bonuses already paid out in prior years and that can’t be touched from a cap perspective and there is also a $5M roster bonus that will likely be earned before we are able to extend him. So that means next years cap hit is $30.5M plus 1/5 of his signing bonus on the new deal. So even if the bonus is only $20m and split over 5 years that makes next years cap hit $34.5M or $9M more than if we cut him and the $36.5M still left (25 and 26) doesn’t go away either although the $11M in 2026 stays there instead of accelerating into 2025. Now add to that the SB and at least a $1M salary and that makes 2025 cap hit at least $30M. The biggest problem is if you do this on a 4 year $200M extension and through the first two years have only allocated a total of $9M that means in the next two years (plus a 3rd for cap purposes after he is gone) you still need to allocate $191M and don’t forget the $11M still left in 2026.
so the worst thing we can do for our cap is extend Dak. If we extend him it’s because the team thinks we have a better chance to win with him because giving him another huge deal will absolutely crush our cap a few years from now. Don’t believe Dak has us over a barrel at all. Lastly don’t forget we can easily clear a lot of room next year by restructuring different players if we have to. Don’t worry about the 2024 cap worry about the 2026/7 cap when all of our young players are in the middle of their new deals and beyond the first couple of low cap hit years if we are still paying Dak a huge salary
If we let him play out his contract his cap hits are:
2024 $59.5M; 2025 $36.5M
If we cut him next year his cap hits are:
2024 $25.5M; 2025 $36.5M or $34M less
now if we extend him the savings next year isn’t what people are thinking because almost half of next years cap hit is bonuses already paid out in prior years and that can’t be touched from a cap perspective and there is also a $5M roster bonus that will likely be earned before we are able to extend him. So that means next years cap hit is $30.5M plus 1/5 of his signing bonus on the new deal. So even if the bonus is only $20m and split over 5 years that makes next years cap hit $34.5M or $9M more than if we cut him and the $36.5M still left (25 and 26) doesn’t go away either although the $11M in 2026 stays there instead of accelerating into 2025. Now add to that the SB and at least a $1M salary and that makes 2025 cap hit at least $30M. The biggest problem is if you do this on a 4 year $200M extension and through the first two years have only allocated a total of $9M that means in the next two years (plus a 3rd for cap purposes after he is gone) you still need to allocate $191M and don’t forget the $11M still left in 2026.
so the worst thing we can do for our cap is extend Dak. If we extend him it’s because the team thinks we have a better chance to win with him because giving him another huge deal will absolutely crush our cap a few years from now. Don’t believe Dak has us over a barrel at all. Lastly don’t forget we can easily clear a lot of room next year by restructuring different players if we have to. Don’t worry about the 2024 cap worry about the 2026/7 cap when all of our young players are in the middle of their new deals and beyond the first couple of low cap hit years if we are still paying Dak a huge salary
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