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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.
HarveyWallbangers
03-05-2008, 03:55 PM
I believe we have more than $18.4M available. Maybe they forgot to count the saving on Corey Williams.
PackerBlues
03-05-2008, 03:57 PM
I believe we have more than $18.4M available. Maybe they forgot to count the saving on Corey Williams.
I think you are right Harv. Add 6 million to that figure? Nearly 36 million in cap space?
Ballboy
03-05-2008, 04:06 PM
I believe we have more than $18.4M available. Maybe they forgot to count the saving on Corey Williams.


Nope, those numbers are accurate.


Anyone interested, teams must spend at least $100.22 million this year.
HarveyWallbangers
03-05-2008, 04:22 PM
I believe we have more than $18.4M available. Maybe they forgot to count the saving on Corey Williams.

Nope, those numbers are accurate.

Anyone interested, teams must spend at least $100.22 million this year.

Source? Do a Google search on Packers cap space, and almost every source had us down for around $24-25M before we tagged Williams.
RashanGary
03-05-2008, 04:26 PM
I think you are right Harv. Add 6 million to that figure? Nearly 36 million in cap space?


This sounds correct to me. They're going to have to give the rookies guaranteed roster bonuses instead of signing bonuses. They'll end up having to extend a couple players and then push 15 or so million ahead to next year. Either that or they go blow it in UFA, but I don't see that happening. I see a couple UFA's, but nothing significant.
Fritz
03-05-2008, 05:28 PM
Let's spend like drunken sailors!