Salary Cap Analysis

[Schneed10]

$ Committed to Players in 2006: $116.8 million
Less Rule of 51: ($4.8 million)
Plus Dead Cap: $3.57 million
Increase in Min Base Sal due to CBA: ~ $2 million
Salary Cap Total Before Recent Moves: $117.3 million

NFL Salary Cap Limit: $102 million

Actual Cuts - Cap Savings:
Brandon Noble - $1.7 million
Walt Harris - $2 million
Matt Bowen - $2 million
Corey Raymer - $1 million
Tom Tupa - $600 K
Lavar Arrington - $4.4 million
Total Cap Savings from Cuts: $11.7 million

Salary Cap $ Scheduled in 2006 after Cuts: $105.6 million

Roster Bonuses Restructured - Cap Savings
Sean Taylor: $1.8 million
Clinton Portis: $2.5 million
Casey Rabach: $1.5 million
Shawn Springs: $2.5 million
Cornelius Griffin: $2.0 million
Marcus Washington: $1.9 million
Chris Samuels: $3.7 million
Total Cap Savings from Roster Bonus Restructures: $15.9 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts, and Roster Bonus Restructures: $87.7 million

2006 Cap: $102 million

Expected Cap Room before Trading Ramsey: $15.3 million

When we trade Ramsey: $1.7 million

Total Cap Room Available for 2006: $17 million

The tendering of our RFAs and the resigning of Rock Cartwright are not included in these numbers.

This analysis does not include any restructures of base salary which may have occurred. These would create even more cap room. If you know of any, please post them and I will update.

[CrazyCanuck]

Originally Posted by Schneed10

$ Committed to Players in 2006: $116.8 million
Less Rule of 51: ($4.8 million)
Plus Dead Cap: $3.57 million
Increase in Min Base Sal due to CBA: ~ $2 million
Salary Cap Total Before Recent Moves: $117.3 million

NFL Salary Cap Limit: $102 million

Actual Cuts - Cap Savings:
Brandon Noble - $1.7 million
Walt Harris - $2 million
Matt Bowen - $2 million
Corey Raymer - $1 million
Tom Tupa - $600 K
Lavar Arrington - $4.4 million
Total Cap Savings from Cuts: $11.7 million

Salary Cap $ Scheduled in 2006 after Cuts: $105.6 million

Roster Bonuses Restructured - Cap Savings
Sean Taylor: $1.8 million
Clinton Portis: $2.5 million
Casey Rabach: $1.5 million
Shawn Springs: $2.5 million
Cornelius Griffin: $2.0 million
Marcus Washington: $1.9 million
Chris Samuels: $3.7 million
Total Cap Savings from Roster Bonus Restructures: $15.9 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts, and Roster Bonus Restructures: $87.7 million

2006 Cap: $102 million

Expected Cap Room before Trading Ramsey: $15.3 million

When we trade Ramsey: $1.7 million

Total Cap Room Available for 2006: $17 million

The tendering of our RFAs and the resigning of Rock Cartwright are not included in these numbers.

This analysis does not include any restructures of base salary which may have occurred. These would create even more cap room. If you know of any, please post them and I will update.

Nice post Schneed.

Some other factors:

- salary mins have increased which will reduce the cap room.
- option bonuses due in 2006 can now be prorated 5 years instead of 4 which increases the cap room.
- you added $4.4M in savings for Lavar, but you didn't include his $12M deadcap charge. His net deadcap charge will be around $8M ($12M - $4M).

I'm gonna try to get some new cap sheets up in the next few days even if I have to make a bunch of assumptions.

EDIT: Sorry just realized you did factor in the salary min increases into your calculations.

[Schneed10]

Originally Posted by CrazyCanuck

Nice post Schneed.

Some other factors:

- salary mins have increased which will reduce the cap room.
- option bonuses due in 2006 can now be prorated 5 years instead of 4 which increases the cap room.
- you added $4.4M in savings for Lavar, but you didn't include his $12M deadcap charge. His net deadcap charge will be around $8M ($12M - $4M).

I'm gonna try to get some new cap sheets up in the next few days even if I have to make a bunch of assumptions.

EDIT: Sorry just realized you did factor in the salary min increases into your calculations.

I see you noticed the min salary increases included in the top. Arrington's contract was scheduled to count $12.something million in 2006 if he were on the roster, and that got included in the top line of $116.8 million. So his dead money would be wrapped up in the starting number, minus the $4.4 million.

Sorry that was confusing, I should have broken his dead money out after he got cut.

I'm sure you've been trying to come across cap figures for the new contracts, I know I have been and it's pretty much impossible at this point. One thing's certain, we can prorate the signing bonuses over 5 years. And then knowing the Skins, it's probably safe to assume that the base salaries are set at the vet minimum in the early years of the contract.

[CrazyCanuck]

Ok now I see how you handled Lavar.

Ya finding contract info is tough. For the next update I'll have to make some assumptions. Once the dust settles in the next couple weeks, it should be easier to find more accurate numbers.