Current Cap space for all 32 Teams

[csx]

These are completely different figures than I saw originally but this should give them about 6 or so million. Hopefully this is correct.

http://espn.go.com/blog/nfcsouth/post/_/id/46371/details-of-jordan-gross-contract-extension

[MHS831]

I think the 7 million in cap savings was total, given a voided contract maybe, not this season. The 900k seems mathematically close...I hope I am wrong.

Gross was set to make $8.7 million in 2013, but the franchise leader in starts agreed to drop his base salary to $1 million while earning a $4.5 million signing bonus on a contract extension through 2017.

The $6.8 million more in cap space gives the Panthers more than $7 million to spend on free agents and draft picks.

Read more here: http://www.charlotteobserver.com/2013/03/27/3944718/carolina-panthers-jordan-gross.html#storylink=cpy

I don't know why they do not come out and explain the parts that really matter. In the grand scheme of things, I am only concerned about the cap. Here, he says $6.8 million, and I assume Chase Blackburn got $1 million, so we are over $5million over, with the picks left to sign>>>???

[Mr. Scot]

A little less than five and a half million under. More to be cleared after June 1st.

Not bad.

Funny to think we were plus 14 million or so over not that long ago.

[R0CKnR0LLA]

Should have roughly $7.2M in cap space currently after you factor in Gross and Blackburn.

[jdpanther5]

Gross took a paycut of $3.2 million, but the way it's structured actually saves us $6.8 million in cap space this year. I've seen that 900k number thrown around, but that's pre-Gross restructure. Basically we have $7.7 million minus whatever we paid Blackburn.

Have the Mitchell, Ginn, and Edwards salaries been announced? Based on this it looks like their total cap hit this year is $2.25 million.

[jdpanther5]

I don't know why they do not come out and explain the parts that really matter. In the grand scheme of things, I am only concerned about the cap. Here, he says $6.8 million, and I assume Chase Blackburn got $1 million, so we are over $5million over, with the picks left to sign>>>???

Basically we had 900k available before Gross' restructure, and he had a cap hit of $11.7 million ($8.7 base + $3 in bonuses). Basically he agreed to cut his base down to $1 million - an immediate savings of $7.7 million. In exchange, we gave him another $4.5 million as a signing bonus. The cap hit from the bonus is spread across the five years of the deal (even if they "auto-void") so $4.5/5 years creates a cap hit of $900k from the signing bonus.

So $7.7m savings in base salary minus $900k signing bonus hit = savings of $6.8 million. Hope that helps.

[MHS831]

Basically we had 900k available before Gross' restructure, and he had a cap hit of $11.7 million ($8.7 base + $3 in bonuses). Basically he agreed to cut his base down to $1 million - an immediate savings of $7.7 million. In exchange, we gave him another $4.5 million as a signing bonus. The cap hit from the bonus is spread across the five years of the deal (even if they "auto-void") so $4.5/5 years creates a cap hit of $900k from the signing bonus.

So $7.7m savings in base salary minus $900k signing bonus hit = savings of $6.8 million. Hope that helps.

Thank you. I am not sure I actually considered the fact that we extended Gross' contract for 3 years. That was not reported, initially. However, I think Gross can play until he is 35 or 36, maybe as a RT and a backup for most of it, but this was not a bad deal.

[Keep Pounding]

I would be happy if we could bring in one more DT... Alan Branch come on down........

[MrPickles]

How the fug does Philly always have so much cap space!?

[Yaboychris28]

Sucks to see pretty much every team with more cap space than us

[Stroupe-a-loop]

A little less than five and a half million under. More to be cleared after June 1st.

Not bad.

Funny to think we were plus 14 million or so over not that long ago.

Yeah, I think it just goes to show that the NFL cap is not that big a deal, but people need something to talk about.

[Mr. Scot]

Yeah, I think it just goes to show that the NFL cap is not that big a deal, but people need something to talk about.

Depends on who's managing it.

[rayzor]

i looked at sportrac and overthecap and they both had us with over $9mil in cap space. ($9,354,598 at overthecap and sportrac had us with $10,030,104

they didn't have numbers for dwan, chase, and mitchell yet, and sportrac didn't have the numbers for ginn either...but it's hard imagining that the collective of those contracts would be over $4mil. we know that ginn got $800k and mitchell got $725k so that's $1.525mil right there. i don't think that dwan and chase will have very big contracts either. top end i might see $1.25mil-1.5mil for each and i'm not expecting that for either.

i think we're in a lot better shape than people realize. better shape than most teams.

[rayzor]

Sucks to see pretty much every team with more cap space than us

good thing they don't.