Ballboy
03-05-2008, 03:51 PM
Since I'm to lazy to figure it out, and it answers my questions asked on this site, thi sif from Profootballtalk.com:
PACKERS WILL GAIN AT LEAST $11.4 MILLION IN CAP SPACE
The good news for the Green Bay Packers in connection with the retirement of quarterback Brett Favre is that the franchise has picked up $11.4 million in cap space for 2008.
Favre's cap number for 2008 is $12.8 million, based on a salary of $12 million and a bonus proration of $800,000. The $800,000 counts regardless of the retirement, but the $12 million instantly comes off the books as soon as Favre files his retirement papers.
If the papers are filed before June 1, a 2009 bonus proration of $600,000 will accelerate into 2008, reducing the total cap savings from $12 million to $11.4 million.
And given that the Packers currently have $18.4 million in cap space, the official retirement will result in total cap room of $29.8 million, if the retirement comes before June 1.
Still don't kow what the lowest $$ a team can spend on players per year.
PACKERS WILL GAIN AT LEAST $11.4 MILLION IN CAP SPACE
The good news for the Green Bay Packers in connection with the retirement of quarterback Brett Favre is that the franchise has picked up $11.4 million in cap space for 2008.
Favre's cap number for 2008 is $12.8 million, based on a salary of $12 million and a bonus proration of $800,000. The $800,000 counts regardless of the retirement, but the $12 million instantly comes off the books as soon as Favre files his retirement papers.
If the papers are filed before June 1, a 2009 bonus proration of $600,000 will accelerate into 2008, reducing the total cap savings from $12 million to $11.4 million.
And given that the Packers currently have $18.4 million in cap space, the official retirement will result in total cap room of $29.8 million, if the retirement comes before June 1.
Still don't kow what the lowest $$ a team can spend on players per year.