Skins need to free up cap room

[CrazyCanuck]

I just did a cap sheets update (3/22).

I have us at $3.8M in cap room. This includes everything (Arch, Patten, Frost, etc.) except for Stoutmire.

I have Patten down for a $5.3M deadcap hit. I had his cap number at $3M, resulting in a $2.3M net increase. Part of the deadcap hit is a $3M signing bonus due this year. But if I'm wrong and that money was not guaranteed, it would bring his deadcap hit down to $2.3M resulting in a $700 savings like others have mentioned.

[BeastsoftheNFCeast]

Originally Posted by CrazyCanuck

I just did a cap sheets update (3/22).

I have us at $3.8M in cap room. This includes everything (Arch, Patten, Frost, etc.) except for Stoutmire.

I have Patten down for a $5.3M deadcap hit. I had his cap number at $3M, resulting in a $2.3M net increase. Part of the deadcap hit is a $3M signing bonus due this year. But if I'm wrong and that money was not guaranteed, it would bring his deadcap hit down to $2.3M resulting in a $700 savings like others have mentioned.

I'm sorry CC, I just dont see how thats possible. Did you also count Wades contract? I know I'm probably wrong cause ur the cap guru but I just dont see how thats possible to have that much in cap room. 2.1 for arch, 2.3 for Patten, .435x3=1.305 for Boschetti, stoutmire, and yoder, .850 for Frost, approx 2.5 for Wade, and Subtract apporx .350 from the guy that got cut. 2.1+2.3+1.3+.9+2.5-.4=8.7 We had 9.7, subtract 8.7 and that's 1mil. Even without having Stoutmire, that means that you dont subtract .4, so his addition of .35 doesnt really impact it that much. Are there any rules that I am not aware of (I just learned that vet mins count as .435, anything else like that?)? Are you using the rule of 51 because I am treating the cap as if it were the regular season?

[Schneed10]

Originally Posted by BeastsoftheNFCeast

I'm sorry CC, I just dont see how thats possible. Did you also count Wades contract? I know I'm probably wrong cause ur the cap guru but I just dont see how thats possible to have that much in cap room. 2.1 for arch, 2.3 for Patten, .435x3=1.305 for Boschetti, stoutmire, and yoder, .850 for Frost, approx 2.5 for Wade, and Subtract apporx .350 from the guy that got cut. 2.1+2.3+1.3+.9+2.5-.4=8.7 We had 9.7, subtract 8.7 and that's 1mil. Even without having Stoutmire, that means that you dont subtract .4, so his addition of .35 doesnt really impact it that much. Are there any rules that I am not aware of (I just learned that vet mins count as .435, anything else like that?)? Are you using the rule of 51 because I am treating the cap as if it were the regular season?

Yeah Wade is in the numbers, CC has him down for a 3-Year deal worth $4.5 million, no signing bonus. The 2007 cap hit is $720K. That makes up a big portion of the difference.