Moton and Tuttle have contracts restructured - $10.7M added to cap space

[ForJimmy]

1 minute ago, Jackie Lee said:

Spotrac numbers are in for Moton at least, We now have about $6m in cap space, Moton's number for 2025 is now up to $35M then he's off the books after that. Only a couple hundred thousand in dead cap next year after almost $50M this year so that helps absorb that blow

https://www.spotrac.com/nfl/carolina-panthers/cap/_/year/2024/sort/cap_total

Man when was the last time we only had a couple hundred thousand in dead cap money? At least that is kind of promising. 

[PNW_PantherMan]

Just now, ForJimmy said:

Man when was the last time we only had a couple hundred thousand in dead cap money? At least that is kind of promising. 

Now we have room to cut Miles Sanders next year lol

[mrcompletely11]

3 minutes ago, Jackie Lee said:

Spotrac numbers are in for Moton at least, We now have about $6m in cap space, Moton's number for 2025 is now up to $35M then he's off the books after that. Only a couple hundred thousand in dead cap next year after almost $50M this year so that helps absorb that blow

https://www.spotrac.com/nfl/carolina-panthers/cap/_/year/2024/sort/cap_total

They pushed the cap hit to 2025?   I'm confused

[ForJimmy]

3 minutes ago, PNW_PantherMan said:

Now we have room to cut Miles Sanders next year lol

https://www.spotrac.com/nfl/player/_/id/29089/miles-sanders
 

Looks like we have a decent out in 2025 for him. $2.95 in dead to ditch the last 2 years. 

[Jackie Lee]

17 minutes ago, mrcompletely11 said:

They pushed the cap hit to 2025?   I'm confused

They moved the majority of his roster/signing bonus money to 2025. 

 

[mrcompletely11]

1 minute ago, Jackie Lee said:

They moved the majority of his roster/signing bonus money to 2025. 

 

So he's 30 mil next year no matter what.   Slight gamble I guess to free up a little room.  

[Jackie Lee]

2 minutes ago, mrcompletely11 said:

So he's 30 mil next year no matter what.   Slight gamble I guess to free up a little room.  

He was already close to 30 mil next year, now it's around 35 mil

[mrcompletely11]

1 minute ago, Jackie Lee said:

He was already close to 30 mil next year, now it's around 35 mil

But they could have released him and saved 18 million.  It's a bit weird to push the money trying to help this season 

[PNW_PantherMan]

Just now, mrcompletely11 said:

But they could have released him and saved 18 million.  It's a bit weird to push the money trying to help this season 

I think it was one of the only ways they could be compliant with the cap by the deadline for 2024

[mrcompletely11]

2 minutes ago, PNW_PantherMan said:

I think it was one of the only ways they could be compliant with the cap by the deadline for 2024

If true then our cap is truly fuged.  Ill look in more detail tomorrow but I thought they would pay him the 30 this year and could take the 12 cap hit next year and save 18 million 

 

Now they are stuck paying 35mil next year?   Holy poo

Edited September 5 by mrcompletely11

[Jackie Lee]

2 minutes ago, mrcompletely11 said:

But they could have released him and saved 18 million.  It's a bit weird to push the money trying to help this season 

They can cut him next year and save $13M of that if they really feel comfortable replacing him somehow but I doubt it. Who would start at RT this year if we had cut him?

[mrcompletely11]

Just now, Jackie Lee said:

They can cut him next year and save $13M of that if they really feel comfortable replacing him somehow but I doubt it. Who would start at RT this year if we had cut him?

Not this year in 2025

 

And from the link above he is now fully guaranteed 35 mil unless I read it wrong.   I am on my phone so it's entirely possible 

[Jackie Lee]

1 minute ago, mrcompletely11 said:

Not this year in 2025

 

And from the link above he is now fully guaranteed 35 mil unless I read it wrong.   I am on my phone so it's entirely possible 

OTC is easier to read but it's not updated yet. Spotrac says for 2025 his dead money would be $22M, i'm assuming that we would save the other $13M by cutting him but yeah gotta wait for OTC to do their update

[Basbear]

1 hour ago, ForJimmy said:

Man when was the last time we only had a couple hundred thousand in dead cap money? At least that is kind of promising.