Godfrey Question for the Cap Experts

[Frank Hollywood]

From Joe Persons via the Observer.....

Re

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I think he's wrong unless he's suggesting they spread 3 million over 2 years, not 3 million each year. 6 million in dead money doesn't add up.

[panthers55]

Doesn't really work like that. His cap number for next year before being cut was 7.1m. His new cap number is 3m for next year. We will gain around 4 million in cap space.

I would call 4 million gaining something. That is if you think we can replace his production for that amount.

 

Not spending money on one guy is not saving anything until you find his replacement and determine what that cost you.  Plus we all knew Godfrey would struggle this year, the question is whether he would recover in year 2 or still suck.  That is up for debate.

 

Plus we are spending money this year in dead cap without anything to show for it.  That has to factor in to anything we supposedly save next year.   Because we cant afford to sign anyone to replace him right now who could be a cheap asset next year as well.

[AU-panther]

Not spending money on one guy is not saving anything until you find his replacement and determine what that cost you. Plus we all knew Godfrey would struggle this year, the question is whether he would recover in year 2 or still suck. That is up for debate.

Plus we are spending money this year in dead cap without anything to show for it. That has to factor in to anything we supposedly save next year. Because we cant afford to sign anyone to replace him right now who could be a cheap asset next year as well.

According to most people on this site almost anybody would be an improvement. If that is true we could sign someone for 500k both years to give us the same production. In that case we would lose out on 500k this year and gain 3.5 million next year. I'm sure we can find something to spend that 3 million on.

Or do you think Godfrey's production will be hard to replace?

[AU-panther]

I think he's wrong unless he's suggesting they spread 3 million over 2 years, not 3 million each year. 6 million in dead money doesn't add up.

Spotrac.com and overthecap.com have different amounts of dead money listed for 2015. I think the article is correct.

[L-TownCat]

I've read 3mm for the next two years.

[panthers55]

According to most people on this site almost anybody would be an improvement. If that is true we could sign someone for 500k both years to give us the same production. In that case we would lose out on 500k this year and gain 3.5 million next year. I'm sure we can find something to spend that 3 million on.

Or do you think Godfrey's production will be hard to replace?

I think we will replace it with someone on the team, now whether it will be better or not is yet to be seen.  The cost will depend on who you replace him with, a draft pick or a 5 year player.  It is costing us by any source 3 million in dead cap space to let him go plus we signed Dockery back to take his spot which is 645,000 as his replacement and we signed Lester to the practice squad to take Dockery's spot so the cost this year is roughly 4 million.  Then next year it could cost anywhere between 1 million if Dockery were resigned as a starter at nickel to the average cost of a nickle corner in the league which is roughly 3-4 million .  So again I don't see a bunch of savings.

We will either pay someone else to do the job and the money is spent or we try to get by again on the cheap and spend most of it and get crappy production again.

[R0CKnR0LLA]

we need to ask a real "cap expert"

 

[panthers55]

Spotrac.com and overthecap.com have different amounts of dead money listed for 2015. I think the article is correct.

The problem is they restructured his contract last offseason to lower the cap hit in 2014 which created more dead money. So between 5 and 6 million could be right.

[KendrickPanther]

You aren't really gaining anything because you don't have him and have to replace him with someone else.  Just like we aren't gaining 13 million by not resigning Hardy, we are simply redistributing his money on other guys.  Yeah it might seem like semantics but it is a pet peeve of mine like when my wife says she saved me 200 hundred dollars but buying something on sale and only spending 300 dollars.  She didn't save me anything she just spent 300 hundred instead of 500 bucks.  

 

That argument makes sense with a functioning player. I call it the Jimmy Clausen argument. "Why cut Clausen, he's a cheap backup, we would just have to sign someone else". 

 

But Hardy has contributed 1 sack this season. I would hope that $13m could be used for a bigger impact next season. 

 

And with Godfrey it wasn't just about the money. He was playing horrible football, he couldn't defend anyone and a minimum salary journeyman could do a better job than him. Any amount of cap savings is gravy. We gained a roster spot and put someone on the field with a prayer of covering the slot.

[panthers55]

That argument makes sense with a functioning player. I call it the Jimmy Clausen argument. "Why cut Clausen, he's a cheap backup, we would just have to sign someone else". 

 

But Hardy has contributed 1 sack this season. I would hope that $13m could be used for a bigger impact next season. 

 

And with Godfrey it wasn't just about the money. He was playing horrible football, he couldn't defend anyone and a minimum salary journeyman could do a better job than him. Any amount of cap savings is gravy. We gained a roster spot and put someone on the field with a prayer of covering the slot.

If we are talking money next year we have to talk impact next year.  If we don't sign Hardy next year we have to factor what we get versus what we would lose assuming he returns to the player he was the past 2 years.  So while I would agree that the 13 million can buy a pretty good DE if one is available, he would still have to have at least double digit sacks and be very good in the run game to equal what we lose with Hardy.

As for Godfrey, who didn't know he was going to struggle this year learning a new position as well as coming off an achilles injury which kills everyone's production year ?.  The only question was would he improve next year as he regains his speed and ability or would he continue to suck this year.  Truth is he should be rehabbing and playing a backup role not a starting one except our talent is so poor we didn't have anyone better which is sad. He got cut but shouldn't have been out there to start with.

[KendrickPanther]

If we are talking money next year we have to talk impact next year.  If we don't sign Hardy next year we have to factor what we get versus what we would lose assuming he returns to the player he was the past 2 years.  So while I would agree that the 13 million can buy a pretty good DE if one is available, he would still have to have at least double digit sacks and be very good in the run game to equal what we lose with Hardy.

As for Godfrey, who didn't know he was going to struggle this year learning a new position as well as coming off an achilles injury which kills everyone's production year ?.  The only question was would he improve next year as he regains his speed and ability or would he continue to suck this year.  Truth is he should be rehabbing and playing a backup role not a starting one except our talent is so poor we didn't have anyone better which is sad. He got cut but shouldn't have been out there to start with.

 

Well I think there is no market for Godfrey. He can continue rehabbing and give the Panthers a call next Summer. They would probably offer him a veteran minimum contract with no guarantees. His cap hit would be about 500k (if he made the team) and his salary would be closer to 1m. At this point we still saved or broke even on cap space.

[AU-panther]

I think we will replace it with someone on the team, now whether it will be better or not is yet to be seen.  The cost will depend on who you replace him with, a draft pick or a 5 year player.  It is costing us by any source 3 million in dead cap space to let him go plus we signed Dockery back to take his spot which is 645,000 as his replacement and we signed Lester to the practice squad to take Dockery's spot so the cost this year is roughly 4 million.  Then next year it could cost anywhere between 1 million if Dockery were resigned as a starter at nickel to the average cost of a nickle corner in the league which is roughly 3-4 million .  So again I don't see a bunch of savings.

We will either pay someone else to do the job and the money is spent or we try to get by again on the cheap and spend most of it and get crappy production again.

 

Dockery's cap hit isn't 645k.  He isn't playing a full season.

Lester is irrelevant to the calculations because we are going to pay 10 players to be on the practice squad regardless.

 

Also if I'm not mistaken Godfrey had a per game bonus built into his contract so if he would have played all season his cap hit would have been even more.

 

Either way replacing Godfrey with Dockery had very little impact on our cap space this year.  Next year we save 4 million and in 2016 his cap hit was going to be 6.4 million.

 

At the end of the day the decision to cut a player is based on whether or not you can replace their production for the money you save.

 

Would you prefer to have Godfrey on the roster next year or 4 million to spend on another player?  Also you have an extra 6.4m in 2016.

 

 

[DanTheMan]

That Charles Johnson number is making me sick.