waldoputty
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Why 3 top FAs would not blow up the cap.
@bkight13 and others feel free to check the math...
This works as long as we draft decently well. With FA signings, draft can go BPA - the best way to keep drafting probowlers.
1) Here is the spreadsheet that shows 3 top FA ($15M AAV) would not blow up the cap.
This is based on $10M/yr annual rise for salary cap as well as Romo salary going away - so at least $50M cap space in 2018 (not counting any additional 2018 restructuring).
2) The key is getting to 2020 where the cap space is $165M.
Of course, other players have to be signed with a very empty roster.
This does allow a simplified calculation for 2020 and beyond because we can assume
3) This simple model does not show cap impact for signing WR2, SS, RT (replace Free?) for this year. These contracts are much smaller and therefore I did not do the extra work. There would also be additional impact from freeing up the money in 2017 to sign the players. This would require additional restructuring in 2018 which I did not require in 2018.
First the impact of the 3 FAs for 2018-2019.
This assume no restructuring in 2018 due to the Romo/Witten monies becoming available.
There would be restructuring in 2019 to make it work.
As you can see, year 2 cap impact of 3 FAs is $27M - which is about the same as the savings from Romo and Witten.
Also, year 3 cap impact of 3 FAs is $52M - the amount of available cap space without any 2018 restructuring (being saved for Martin/Collins, RT, SS and WR2).
Base $1 $12.25 $1 $1.00 $12.25
Signing bonus $5 $5 $5 $5 $5
Yr 3 restruct bonus $3.75 $3.75 $3.75
Yr 4 restruct bonus $5.63 $5.63
Year totals $6 $17.25 $10 $15.38 $26.63
Second, for 2020 to 2021.
Now there is a choice.
First there is plenty of maneuvering room with many contracts off the books including Dez, Lee, Crawford and Oscan.
You can cut all 3 FA after June 1 2020, saving the base salary and splitting the $66M of dead money for 2020 and 2021. For 2020, this would have minimum impact on the cap because the structure of Dak and second new big contract (Jaylon or Zeke).
This would be handled by structuring Dak and 2nd big contract in a similar fashion (assuming Dak gives team a hometown discount like Brady).
I am assuming a 5 year $100M $30M signing bonus for Dak and a 5 year $75M contract with $25M signing bonus for Zeke or Jaylon (high for RB but good deal for defensive star).
Over those 2 years, the $66M of deadline money can be cancelled the $57M savings from the $10M cap rise from 2019 to 2020 structure and the restructuring of the Dak and Jaylon (or Zeke) contracts would be $22M (from Dak) and $15M (Jaylon or Zeke).
$57M = 2 x $10M + $13M + $9M + $9M + $6M
Dak Contract - 2020-2024
5 year $100M $20M AAV $30M contract
Base $1 $1 $17.25 $17.25 $17.25
Signing bonus $6 $6 $6 $6 $6
Yr 2 restruct bonus $4.06 $4.06 $4.06 $4.06
Year totals $7 $11.06 $27.31 $27.31 $27.31
Contract for Jaylon or Zeke 2020-2024
Base $1 $1 $1 $12.25 $12.25
Signing bonus $5 $5 $5 $5 $5
Yr 2 restruct bonus $2.81 $2.81 $2.81 $2.81
Yr 3 restruct bonus $3.75 $3.75 $3.75
Year totals $6 $9 $13 $23.81 $23.81
@bkight13 and others feel free to check the math...
This works as long as we draft decently well. With FA signings, draft can go BPA - the best way to keep drafting probowlers.
1) Here is the spreadsheet that shows 3 top FA ($15M AAV) would not blow up the cap.
This is based on $10M/yr annual rise for salary cap as well as Romo salary going away - so at least $50M cap space in 2018 (not counting any additional 2018 restructuring).
2) The key is getting to 2020 where the cap space is $165M.
Of course, other players have to be signed with a very empty roster.
This does allow a simplified calculation for 2020 and beyond because we can assume
3) This simple model does not show cap impact for signing WR2, SS, RT (replace Free?) for this year. These contracts are much smaller and therefore I did not do the extra work. There would also be additional impact from freeing up the money in 2017 to sign the players. This would require additional restructuring in 2018 which I did not require in 2018.
First the impact of the 3 FAs for 2018-2019.
This assume no restructuring in 2018 due to the Romo/Witten monies becoming available.
There would be restructuring in 2019 to make it work.
As you can see, year 2 cap impact of 3 FAs is $27M - which is about the same as the savings from Romo and Witten.
Also, year 3 cap impact of 3 FAs is $52M - the amount of available cap space without any 2018 restructuring (being saved for Martin/Collins, RT, SS and WR2).
Base $1 $12.25 $1 $1.00 $12.25
Signing bonus $5 $5 $5 $5 $5
Yr 3 restruct bonus $3.75 $3.75 $3.75
Yr 4 restruct bonus $5.63 $5.63
Year totals $6 $17.25 $10 $15.38 $26.63
Second, for 2020 to 2021.
Now there is a choice.
First there is plenty of maneuvering room with many contracts off the books including Dez, Lee, Crawford and Oscan.
You can cut all 3 FA after June 1 2020, saving the base salary and splitting the $66M of dead money for 2020 and 2021. For 2020, this would have minimum impact on the cap because the structure of Dak and second new big contract (Jaylon or Zeke).
This would be handled by structuring Dak and 2nd big contract in a similar fashion (assuming Dak gives team a hometown discount like Brady).
I am assuming a 5 year $100M $30M signing bonus for Dak and a 5 year $75M contract with $25M signing bonus for Zeke or Jaylon (high for RB but good deal for defensive star).
Over those 2 years, the $66M of deadline money can be cancelled the $57M savings from the $10M cap rise from 2019 to 2020 structure and the restructuring of the Dak and Jaylon (or Zeke) contracts would be $22M (from Dak) and $15M (Jaylon or Zeke).
$57M = 2 x $10M + $13M + $9M + $9M + $6M
Dak Contract - 2020-2024
5 year $100M $20M AAV $30M contract
Base $1 $1 $17.25 $17.25 $17.25
Signing bonus $6 $6 $6 $6 $6
Yr 2 restruct bonus $4.06 $4.06 $4.06 $4.06
Year totals $7 $11.06 $27.31 $27.31 $27.31
Contract for Jaylon or Zeke 2020-2024
Base $1 $1 $1 $12.25 $12.25
Signing bonus $5 $5 $5 $5 $5
Yr 2 restruct bonus $2.81 $2.81 $2.81 $2.81
Yr 3 restruct bonus $3.75 $3.75 $3.75
Year totals $6 $9 $13 $23.81 $23.81