Under the Cap? No Way!

[iceberg]

See that's the part I'm not understanding. I went and researched it on the internet about how to calculate cap hits and the cap hit is the signing bonus divided by the number of years of the contract + the yearly salary so the numbers I posted above don't even include those amounts. So my question is.. how are we doing this math magic? I would just like to understand. Hey, I don't care how we get them signed, I just don't want to get hammered by the Sheriff because we know if there is any way in the world for Goodell to punish the Cowboys, he'll pounce on it.

i would think it would depend on when the guarantees kick in and how it's worded. but it's not unlikely to say in the next year you make $1.5mil, and in the next year, $3mil and in the next year $5mil and so forth till it all adds up to the total contract.

cap hit is *not* total value divided by # of years.

 

[dallasfaniac]

Newman counted something like 2.4 million and Barber 2.5 million when looking at that 4 million under the cap. Before you go subtracting their new salaries from it, you'd have to add back in what they are already accounting. It's basically like saying we were 9 million under when we resigned them to their big contracts.

 

[Phrozen Phil]

I think this is more about you not understanding the cap than the numbers not adding up

This is not a knock on anyone, but understanding the Cap is a bit like voodoo economics. That's why every NFL team has a resident capologist. We're lucky to have Adam as our resident Cap-Guru. I'm not worried that we'll hear, "OMG, we've run outta money!" I suspect that they'll find a way to manage.

 

[cml750]

Newman counted something like 2.4 million and Barber 2.5 million when looking at that 4 million under the cap. Before you go subtracting their new salaries from it, you'd have to add back in what they are already accounting. It's basically like saying we were 9 million under when we resigned them to their big contracts.

:bravo:

 

[Echo9]

BOK BOK BOK BOK !!! THE SKY IS FALLING ! :bang2:

It's "BAWK BAWK BAWK," but otherwise a spot on assessment.

Of course , I'm a NYer, so it may just be my accent.

 

[AdamJT13]

I don't have any of the official numbers on the new contracts yet, so I'm just going by what has been reported. And both players reportedly got signing bonuses of $12 million. Most likely, they'll also get their minimum base salaries this season. If that's correct, and if there is no other money paid to them this season (such as a roster bonus), then Newman's new contract will cost us $1,188,583 of cap room, and Barber's new contract will SAVE us $42,000 of cap room. So combined, they'd cost us only $1,146,583 of cap room.

For Newman, his old base salary was $1,416,417. That likely will be $605,000 now, and his new bonus proration would be $2 million. His old salary disappears, and his new charges of $2.605 million are only $1,188,583 more than his old salary. His previous bonus proration stays the same.

For Barber, his RFA tender was $2.562 million. His salary is likely to be $520,000 now, and his bonus proration would be $2 million. So his new cap number would be $2.52 million, compared to his old cap number of $2.562 million.

 

[Hostile]

I don't have any of the official numbers on the new contracts yet, so I'm just going by what has been reported. And both players reportedly got signing bonuses of $12 million. Most likely, they'll also get their minimum base salaries this season. If that's correct, and if there is no other money paid to them this season (such as a roster bonus), then Newman's new contract will cost us $1,188,583 of cap room, and Barber's new contract will SAVE us $42,000 of cap room. So combined, they'd cost us only $1,146,583 of cap room.

For Newman, his old base salary was $1,416,417. That likely will be $605,000 now, and his new bonus proration would be $2 million. His old salary disappears, and his new charges of $2.605 million are only $1,188,583 more than his old salary. His previous bonus proration stays the same.

For Barber, his RFA tender was $2.562 million. His salary is likely to be $520,000 now, and his bonus proration would be $2 million. So his new cap number would be $2.52 million, compared to his old cap number of $2.562 million.

Thanks.

Do you know yet how the CBA being cancelled will affect any more signings from here on out?

 

[AbeBeta]

I don't have any of the official numbers on the new contracts yet, so I'm just going by what has been reported. And both players reportedly got signing bonuses of $12 million. Most likely, they'll also get their minimum base salaries this season. If that's correct, and if there is no other money paid to them this season (such as a roster bonus), then Newman's new contract will cost us $1,188,583 of cap room, and Barber's new contract will SAVE us $42,000 of cap room. So combined, they'd cost us only $1,146,583 of cap room.

For Newman, his old base salary was $1,416,417. That likely will be $605,000 now, and his new bonus proration would be $2 million. His old salary disappears, and his new charges of $2.605 million are only $1,188,583 more than his old salary. His previous bonus proration stays the same.

For Barber, his RFA tender was $2.562 million. His salary is likely to be $520,000 now, and his bonus proration would be $2 million. So his new cap number would be $2.52 million, compared to his old cap number of $2.562 million.

as always, very impressed.

now figure in Roy Williams' release for us...

 

[justbob]

I'll leave the explaining to Adam since he knows it better than I do.

A very wise reply --chill and wait on Adam

 

[cowboyjoe]

Hostile and Adam, todd archer said this evening on the david smoak sports show, i had him to ask mickey how we had enough money

and todd archer told smoaky that we guaranteed romos contract, saved 4.5 million, so there is the money and archer said we now have about 2.5 million left,

not sure if that is enough to sign draft picks or not, joe

 

[Cowboys22]

Hostile and Adam, todd archer said this evening on the david smoak sports show, i had him to ask mickey how we had enough money

and todd archer told smoaky that we guaranteed romos contract, saved 4.5 million, so there is the money and archer said we now have about 2.5 million left,

not sure if that is enough to sign draft picks or not, joe

That just doesn't add up. We had $4 million, Barber and Newman were already counting about $4.5 million against the cap, and then you say they freed up another $4.5 million by guaranteeing Romo's contract. That adds up to $13 million in cap room available to sign Newman and Barber. There's no way those two deals are structured in a way to count $10.5 million this year. Someone has something wrong in your scenario.

 

[big dog cowboy]

There is no way that Barbers guaranteed (21 million / 7 years = 3million) and TNew's (22.5 million / 6 years = 2.5 million) fit under less than 4 million under the salary cap. Does this mean we don't sign Felix Jones and Mike Jenkins and all the rest of the rookies or does it mean we cut some big salaries? Who is it? These numbers just don't add up.

Yes the sky is falling!!!!!!!!!

 

[CrazyCowboy]

Stephen Jones is a cap master.....don't worry he has a plan

 

[cowboyjoe]

ok best i remember adam said we had about 4 million in cap money before we resigned newman and barber.

to resign them, we had to create some cap money, so what the cowboys did and what Adam pointed to the cowboys guaranteed Romo's contract for this year, that freed up 4.5 million dollars


so add the 2 together,
4 million and change + 4.5 redoing romos contract = 8.5

now i dont know the paramaters of contracts, how much costs etc

but mickey said this earlier on david smoaks show, www.ktbb.com you can go back and listen to the podcast

but mickey said you have double jeopardy when you add to a contract, you have to use the contract he signed, and the new one he did,
so what i understand and im not the cap salary guy Adam is but mickey said
say newman counted 1.8 this year before he signed an extension, you have ot add what he got in the new deal, so say he gets 1.9 in new deal;

1.8 + 1.9 =3.7

do something like the same for barber;

so i think thats where you get the 2.5 million left over after adding extensioins to newmans and barbers deal.

best i can explain it, ask our sure guru salary cap guy Adam, but todd archer said we have about 2.5 million left,

again im not sure if that is enough money to get the draft choices and undrafted free agents signed, joe

 

[Cowboys22]

ok best i remember adam said we had about 4 million in cap money before we resigned newman and barber.

to resign them, we had to create some cap money, so what the cowboys did and what Adam pointed to the cowboys guaranteed Romo's contract for this year, that freed up 4.5 million dollars


so add the 2 together,
4 million and change + 4.5 redoing romos contract = 8.5

now i dont know the paramaters of contracts, how much costs etc

but mickey said this earlier on david smoaks show, www.ktbb.com you can go back and listen to the podcast

but mickey said you have double jeopardy when you add to a contract, you have to use the contract he signed, and the new one he did,
so what i understand and im not the cap salary guy Adam is but mickey said
say newman counted 1.8 this year before he signed an extension, you have ot add what he got in the new deal, so say he gets 1.9 in new deal;

1.8 + 1.9 =3.7

do something like the same for barber;

so i think thats where you get the 2.5 million left over after adding extensioins to newmans and barbers deal.

best i can explain it, ask our sure guru salary cap guy Adam, but todd archer said we have about 2.5 million left,

again im not sure if that is enough money to get the draft choices and undrafted free agents signed, joe

I just don't think that true. When they do a new deal, the old deal is torn up. Signing bonus dollars may still be counted but barber was counting $2.5 million on a tender. That whole $2.5 million in cap space is available to sign Barber so that needed to be added to your $8.5 million.

 

[iceberg]

ok best i remember adam said we had about 4 million in cap money before we resigned newman and barber.

to resign them, we had to create some cap money, so what the cowboys did and what Adam pointed to the cowboys guaranteed Romo's contract for this year, that freed up 4.5 million dollars


so add the 2 together,
4 million and change + 4.5 redoing romos contract = 8.5

now i dont know the paramaters of contracts, how much costs etc

but mickey said this earlier on david smoaks show, www.ktbb.com you can go back and listen to the podcast

but mickey said you have double jeopardy when you add to a contract, you have to use the contract he signed, and the new one he did,
so what i understand and im not the cap salary guy Adam is but mickey said
say newman counted 1.8 this year before he signed an extension, you have ot add what he got in the new deal, so say he gets 1.9 in new deal;

1.8 + 1.9 =3.7

do something like the same for barber;

so i think thats where you get the 2.5 million left over after adding extensioins to newmans and barbers deal.

best i can explain it, ask our sure guru salary cap guy Adam, but todd archer said we have about 2.5 million left,

again im not sure if that is enough money to get the draft choices and undrafted free agents signed, joe

it won't be. i'm pretty sure we'll have to set a few of them free.

 

[cowboyjoe]

well all i know is thats not what mickey said, mickey said when you add an extension to a contract, its like double jeopardy, you have to add the 2 together,

what he made this year, and what the new contract details,

dont shoot the poster, im just relaying what mickey said on david smoak said on his sports talk today,

you would have to ask adam our super cap guru about that,

 

[Cowboys22]

well all i know is thats not what mickey said, mickey said when you add an extension to a contract, its like double jeopardy, you have to add the 2 together,

what he made this year, and what the new contract details,

dont shoot the poster, im just relaying what mickey said on david smoak said on his sports talk today,

you would have to ask adam our super cap guru about that,

That may be true but Barber wasn't an extension. He was counting $2.5 million on a tender he hasn't signed. That space was available for his new deal. So thats $6.5 million available plus the $4.5 you say they got from Romo. Thats $11 million in cap space. That would mean the 2 deals are counting $8.5 million this year and I still highly doubt they are structured that way.

 

[BehindEnemyLinez]

well all i know is thats not what mickey said, mickey said when you add an extension to a contract, its like double jeopardy, you have to add the 2 together,

what he made this year, and what the new contract details,

dont shoot the poster, im just relaying what mickey said on david smoak said on his sports talk today,

you would have to ask adam our super cap guru about that,

With this scenario, wouldn't they keep the same base salary under the previous contract and simply pro-rate 1/6th (T.New) & 1/7th (MB3) of their signing bonus since that's money they're receiving now (which would be less than $4 mil added to the cap)? I would think that the base salaries of the extensions that were signed wouldn't be in effect until next season, not piled on to this season's cap. How can someone get paid from two different contracts?

 

[Clove]

as always, very impressed.

now figure in Roy Williams' release for us...