Thread: 2013 cap space
01-09-2013, 12:12 AM #1
2013 cap space
Cincinnati Bengals - $55.1 million available
Cleveland Browns - $48.9 million available
Indianapolis Colts - $46 million available
New York Jets - $19.4 million over
Dallas Cowboys - $18.2 million over
and the Vikings fall somewhere in the middle
Minnesota Vikings - $16.1 million available
I don't really understand the details of the salary cap. It looks like the Colts and Bengals have a lot of room to become even more of a threat than they already are. And the Vikings don't have as much room as I would have hoped. But it seems like teams usually find ways to adjust contracts to make it work if they really want someone.Skol Vikings! Go Cubs!
X MARKS THE SPOT
01-09-2013, 06:42 AM #2
Cut Carlson & our cap goes up.
"If at first you don't succeed, parachuting is not for you"
01-09-2013, 08:20 AM #3
01-09-2013, 01:10 PM #4
I know this is a BR and you guys freak out on them, however, I've seen this number (math) used in several other CAP discussions so I don't think its to far off.
According to my Bleacher Report colleague Tim Arcand, the Minnesota Vikings have 16 players who will be free agents this offseason, freeing up roughly $13.9 million. That leaves Minnesota's projected 2013 salary cap at $101.6 million.
The 2013 NFL salary cap will be $120 million and teams are forced to spend at least 88.8 percent of that amount, or $107.1 million. So the Vikings will have to spend a minimum of roughly $5.5 million this offseason.
That means Minnesota has, at max, $18.4 million to spend in free agency.
Many many thanks to my talented friend Jos for the new Sig.
01-10-2013, 09:21 AM #5
01-11-2013, 06:15 AM #6
01-11-2013, 01:27 PM #7
3/14/2012: Signed a five-year, $25 million contract. The deal contains $9.1 million guaranteed, including a $5 million signing bonus. Carlson is eligible for annual $100,000 offseason workout bonuses throughout the contract's life. 2013: $2.9 million, 2014: $3.9 million, 2015-2016: $4.9 million, 2017: Free Agent
Not sure how that comes to 4.85. Are you forgetting the 5 Mil or are you saying that 5 Mil came out of the 9.1?
The way I do it is to take the 5 Mil (already payed) and don't worry about it cause its sepate from the 9 mil and subtrack the 2.9 we payed him this year from the 9.1 that is gauranteed and come up with 6.2 mil still gauranteed.Many many thanks to my talented friend Jos for the new Sig.
01-11-2013, 02:06 PM #8
From a salary cap perspective for Carlson, this is my basic understanding:
Signing bonus: $5M
Yearly salary: $2.9M (2012), $2.9M (2013), $3.9M (2014) and $4.9M (2015)
Guaranteed money: $9.1M ($5M signing bonus, year one salary of $2.9M and $1.2M of his second year salary)
For 2012, my understanding is that you take 1/4 of his signing bonus ($1.25M) plus his salary of $2.9M giving him a 2012 cap number of $4.15M.
If he's cut this offseason, the Vikings would be on the hook for the remaining signing bonus in 2013 ($3.75M) plus the $1.2M of his guaranteed second year money. I would think that should equate to a 2013 cap hit of ~$5M if he were cut, vs. $4.15M if he stays. It costs more to cut him than to keep him.
If MN, cuts Carlson after his second year their cap hit would be significantly less ($2.5-3M), vs. $5.15M if he stays.
01-11-2013, 02:08 PM #9
Sometimes it is spread out as you say and sometimes its paid all upfront. I'm just not sure in this case other than to say typically Bryzcheapski pays it all up front so that there isn't the lingering dollars if they chop a guy.Many many thanks to my talented friend Jos for the new Sig.
01-11-2013, 03:03 PM #10
Signing bonuses are good for the player and good for the cap, unless of course, you cut the player early.