Teague31;4351419 said:
How much dead money will we eat when we cut Newman?
From the salary cap thread:
Looking ahead, we currently have 40 players signed for 2012 and have $120,098,705 committed to the 2012 cap. That includes $25,648,428 in dead money.
We don't know what the 2012 cap will be yet, but our $120,098,705 cap commitment is less than this year's $120.375 million unadjusted cap. If we carry over the entire $18.65 million of 2011 cap room that we have right now and use the $1.5 million adjustment allowed by the CBA, we would be more than $20 million under the 2012 cap, even if it's not any higher than the current cap. (Any additional cap room that we use this year would reduce what we can push forward, of course.)
Also, our current 2012 cap commitments include charges for several players who either might get cut, will have their contract void or have a contract that can be easily restructured to save even more cap room.
For example, if we cut Terence Newman, we would save either $4.016 million or $6.016 million of cap room, depending on whether he's a June 2 designation. If Jon Kitna's contract voids, as expected, it will open up another $2.7 million in cap room. Keith Brooking's contract voiding would open up $2.2 million more. Or we could get about $9 million more in cap room by restructuring the contracts of guys such as Doug Free (about $4 million) and Orlando Scandrick (about $5 million). There are other ways to get even more cap room if we need it.
So, even though we have more than $25.6 million in dead money for 2012, we should have plenty of cap room to work with in the offseason.
Here is the breakdown for 2012 --