CAP Space

[tiger7_88]

1 minute ago, stirs said:

which is about what we need to sign the rookies

so, why are we interviewing TE's?

Someone will get cut to make up for the cash I would presume

 

Quote

 

David NewtonESPN Staff Writer 

Update on Greg Olsen interviewing for the ESPN MNF Analyst job in Bristol, Ct., today. Although team officials understand this to be exploratory, sources tell me that if Olsen is selected to replace Jon Gruden in the booth and he accepts it would be expected that he retire and take the job for this season.

 

 

[panther4life]

1 minute ago, stirs said:

which is about what we need to sign the rookies

so, why are we interviewing TE's?

Someone will get cut to make up for the cash I would presume

Just updated my post as I forgot to add in the top 51 rule. 

[stirs]

1 minute ago, tiger7_88 said:

 

 

I know but Rapaport contradicted that

who knows

[Fox007]

4 minutes ago, stirs said:

which is about what we need to sign the rookies

Come on man can people pay attention.

It's been said a million damn times that the number everyone has been using already accounts for the rookies...the number we are using is the true number.

[Fox007]

3 minutes ago, Fox007 said:

Come on man can people pay attention.

It's been said a million damn times that the number everyone has been using already accounts for the rookies...the number we are using is the true number.

It's even on the website there in top right which is why we use it....

[JARROD]

So how much if we trade Vern, part with Sheppard finally etc?

[Devil Doc]

So... your saying we have a chance to maybe get one more FA?

 

[Harbingers]

1 hour ago, panther4life said:

Best educated guess is roughly 7 to 7.5 Million  If you care to see how I arrived at that figure, keep reading below:

 

https://www.nflpa.com/public-salary-cap-report

Has 62 players accounted for and they say we have 16.275. 

https://overthecap.com/salary-cap/carolina-panthers

Has us at 62 players as well. They do not show Peppers or Poe's deals listed.

http://www.spotrac.com/nfl/carolina-panthers/cap/

Has us at 64 players listed but no terms on Peppers or Poe yet. 

Being that NFLPA is the most legitimate source I'd use there numbers, then deduct the 5 million for Peppers. That would leave us at 11.275, minus whatever Poe's first year cap hit ends up being. 

Breeland got 24 Million over 3 years and has a 1st year cap hit of 3.9M. 

Poe got 27 Million over 3 years, first year cap hit has not been reported, however you can assume it's at least 1M more than Breelands (1 million more per year than Breeland). That would mean roughly a 5 Million hit in 2018.

11.275M, minus 5M = 6.275M

Now here's where the top 51 rule comes in. Once those contracts are added in, it will push down contract's valued around 500k to 550k cap hits and they will no longer count against the cap.  Thats 1 Million we can add back in.

Rapaport said it was 8 million a year in the initial tweet.

[bababoey]

We don't need 6 million for the rookies in cap space the way spotrac states. No one does.  The rookies will only count if their cost is above the top 51 player threshold.  So really the first 3 rounds are all that counts toward the cap in the offseason.  

For example we draft someone in the 3rd round and their cap hit is $700k.  Well it only cost on the cap $200k because it knocks off one of the top 51 guys that had a cap hit of $500k.  $700k - $500k = less than $700k.  Check my math but I think thats right.  From the 4/5th round on the cap hit for the rookies do not exceed $500k so they do not even get place on the cap at all since they are not part of the top 51 players.  So we don't need 6 million for rookies more like 2 or 2 1/2.  Until the season starts, then they all count.