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Salary Cap Status 2024

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Old 03-13-2024, 09:52 AM   #1
Schneed10
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Salary Cap Status 2024

All figures courtesy of OverTheCap.com except where otherwise noted.

Cap Space Entering Free Agency $91.5M

Moves Reflected on OTC
Bobby Wagner ($6.5M)
Dorance Armstrong ($4.9M)
Tyler Biadasz ($4.2M)
Jeremy Chinn ($4.0M)
Frankie Luvu ($3.9M)
Clelin Ferrell ($3.8M)
Brandon McManus ($3.6M)
Nick Allegretti ($3.6M)
Austin Ekeler ($3.2M)
Zach Ertz ($2.4M)
Tyler Ott ($1.4M)
Players Removed from Top 51 $8.7M
Cap Space Currently Reflected on OTC $56.7M

Additional Moves Reported Yet to be Reflected**
Marcus Mariota ($6.0M)
Dante Fowler ($3.0M)
Cornelius Lucas ($3.0M)
Michael Davis ($2.5M)
Efe Obada ($1.8M)
Jamison Crowder ($1.5M)
Anthony Pittman ($1.3M)
Players Removed from Top 51 $5.6M
Rookie Pool Cap Space Reflecting Howell Trade ($10.3M)

Estimated Current Available Cap Space $33.0M

** These are my estimates. I will endeavor to update to reflect OTC's cap accounting once their site reflects the details of the contract and estimated cap hits.
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Old 03-13-2024, 10:10 AM   #2
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Re: Salary Cap Status 2024

great job! thanks
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Old 03-13-2024, 10:12 AM   #3
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Re: Salary Cap Status 2024

i am not saying for you to do this

but it be nice to see a rolling future years cap space picture

i am sure teams do it

we do it with military funding as each color of money must be "spent" in specific yearly time frames
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Old 03-13-2024, 10:17 AM   #4
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Re: Salary Cap Status 2024

Nice job thanks for posting
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Old 03-13-2024, 10:52 AM   #5
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Re: Salary Cap Status 2024

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Originally Posted by mredskins View Post
i am not saying for you to do this

but it be nice to see a rolling future years cap space picture

i am sure teams do it

we do it with military funding as each color of money must be "spent" in specific yearly time frames
OverTheCap has this. Go over to their site, click on cap space, find the commanders, and you'll see tabs that show the cap space by year. You can see the contracts for players included in each year.
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Old 03-13-2024, 12:03 PM   #6
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Re: Salary Cap Status 2024

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Originally Posted by Schneed10 View Post
OverTheCap has this. Go over to their site, click on cap space, find the commanders, and you'll see tabs that show the cap space by year. You can see the contracts for players included in each year.
oh cool nice , thx
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Old 03-13-2024, 12:06 PM   #7
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Re: Salary Cap Status 2024

𝐒𝐀𝐋𝐀𝐑𝐘 𝐂𝐀𝐏 𝐁𝐎𝐀𝐑𝐃
1. #Titans $75,460,344
2. #Commanders $71,775,805
3. #Patriots $59,296,160
4. #Bears $56,312,124
5. #Bengals $45,894,381
6. #Seahawks $44,907,651
7. #Cardinals $44,680,797
8. #Broncos $44,413,778
9. #Eagles $39,968,225
10. #Packers $32,972,279
11. #Colts $31,913,378
12. #Lions $31,765,162
13. #Vikings $31,516,692
14. #Texans $26,582,449
15. #Panthers $19,102,214
16. #Raiders $17,798,443
17. #Steelers $17,325,589
18. #Chiefs $15,322,361
19. #Jets $12,106,235
20. #Rams $12,035,163
21. #Buccaneers $10,349,611
22. #Falcons $6,407,401
23. #49ers $6,370,969
24. #Giants $6,128,933
25. #Jaguars $5,483,568
26. #Cowboys $2,243,253
27. #Browns $1,205,843
28. #Dolphins $1,068,327
29. #Saints $932,058
30. #Ravens -$180,381
31. #Bills -$1,527,047
32. #Chargers -$25,180,665
(per OverTheCap)
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Old 03-13-2024, 12:09 PM   #8
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Re: Salary Cap Status 2024

OP updated to reflect OTC's data on the Biadasz contract. His cap hit is $4.15M in the first year.

He received a $13.5M signing bonus prorated over 5 years with the last two years of the deal voidable. This keeps the cap hit low in the first year.

His base salary in 2025 will be $6M and in 2026 will be $6.8M.

His cap hits in 2025 and 2026 will be $8.9M and $10.75M respectively.

This is effectively a two year deal. He can be cut in 2026 to save $2.6M in cap space, if the team feels it needs to do so. Or it can carry him for the 3rd year at the $10.75M cap number, which is a reasonable number.
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Old 03-13-2024, 12:25 PM   #9
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Re: Salary Cap Status 2024

Quote:
Originally Posted by Schneed10 View Post
OP updated to reflect OTC's data on the Biadasz contract. His cap hit is $4.15M in the first year.

He received a $13.5M signing bonus prorated over 5 years with the last two years of the deal voidable. This keeps the cap hit low in the first year.

His base salary in 2025 will be $6M and in 2026 will be $6.8M.

His cap hits in 2025 and 2026 will be $8.9M and $10.75M respectively.

This is effectively a two year deal. He can be cut in 2026 to save $2.6M in cap space, if the team feels it needs to do so. Or it can carry him for the 3rd year at the $10.75M cap number, which is a reasonable number.
Great breakdown Scheed!
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Old 03-13-2024, 12:31 PM   #10
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Re: Salary Cap Status 2024

I came here just now specifically to ask this question.

Thanks!
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Old 03-13-2024, 01:12 PM   #11
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Re: Salary Cap Status 2024

I found this pretty interesting: According to over the cap, we don't seem to have a lot of players with guaranteed money left in their contract (aside from the new signings). The highest ones are Daron ($15 mil) and Terry ($12.5 mil). After that, the highest remaining guaranteed money is Wylie and Jamin Davis with around $2.5 mil each.
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Old 03-13-2024, 01:12 PM   #12
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Re: Salary Cap Status 2024

Quote:
Originally Posted by Schneed10 View Post
OP updated to reflect OTC's data on the Biadasz contract. His cap hit is $4.15M in the first year.

He received a $13.5M signing bonus prorated over 5 years with the last two years of the deal voidable. This keeps the cap hit low in the first year.

His base salary in 2025 will be $6M and in 2026 will be $6.8M.

His cap hits in 2025 and 2026 will be $8.9M and $10.75M respectively.

This is effectively a two year deal. He can be cut in 2026 to save $2.6M in cap space, if the team feels it needs to do so. Or it can carry him for the 3rd year at the $10.75M cap number, which is a reasonable number.
The way the cap is rising, in 3 years that will be peanuts for a starting centre, assuming there is no drop off in performance
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Old 03-14-2024, 07:47 AM   #13
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Re: Salary Cap Status 2024

OP updated to reflect the resignings of Jeremy All Pro Reavo Reaves, Jamison Crowder, and the pickup of LB Bobby Wagner, which I love.

I don't know how much he's got left - on one hand his engine could run a few more years like Fletcher's did. On the other, if all you get from him is leadership credibility and help with setting the standard, you've gotten your money's worth. This program needs a shot in the arm from a leadership perspective, and this is somebody who can call a team meeting and not have players roll their eyes at him, but rather nod their heads and fall in line.
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Old 03-19-2024, 11:52 AM   #14
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Re: Salary Cap Status 2024

The OP has been updated for the actual cap hits of Bobby Wagner, Clelin Ferrell, Zach Ertz, and Jeremy Reaves.

The OP now reflects the net impact of the cap impact of trading Howell, which is $0. Clearing him off the books creates $1.1M in space, adding a player back to the top 51 subtracts $795K in space, and the impact on the rookie pool of sliding the two picks up in the draft subtracts $300K in space. Net $0.

And the OP now reflects the signings of Michael Davis and Cornelius Big Luc Lucas, using my estimates until their cap numbers become known.

$33M remaining in estimated cap space as of today 3/19/2024.
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Old 03-19-2024, 02:20 PM   #15
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Re: Salary Cap Status 2024

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Originally Posted by Schneed10 View Post
The OP has been updated for the actual cap hits of Bobby Wagner, Clelin Ferrell, Zach Ertz, and Jeremy Reaves.



The OP now reflects the net impact of the cap impact of trading Howell, which is $0. Clearing him off the books creates $1.1M in space, adding a player back to the top 51 subtracts $795K in space, and the impact on the rookie pool of sliding the two picks up in the draft subtracts $300K in space. Net $0.



And the OP now reflects the signings of Michael Davis and Cornelius Big Luc Lucas, using my estimates until their cap numbers become known.



$33M remaining in estimated cap space as of today 3/19/2024.
Thanks Schneed, Even at that number it looks like we'd still be in the top five of cap space available from Overthecap

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