How Much Cap Space Have We Cleared?

[pbmax]

Where is Woodbuck?

[MJZiggy]

Canada. He's disappeared a couple times and shows up again when he gets a bug up his butt about something.

[Bossman641]

Where is Woodbuck?

Hattiesburg

[Bretsky]

We need to be about 10MIL under the cap at the season's start for the masterplan. TT extends Sitton or Finley and a good portion of that counts against this year's cap. He gets the other done with next year's cap

[pbmax]

We need to be about 10MIL under the cap at the season's start for the masterplan. TT extends Sitton or Finley and a good portion of that counts against this year's cap. He gets the other done with next year's cap

So what you are suggesting is that we hope Jordy has a few well timed drops of potential TDs throughout the year? Will this be part of the official Game Day whammy?

[pbmax]

There is a team floor but its 89% cash of cap number and you are right it hits first in 2013.

And it won't be hard to hit the number. Teams have regularly spent cash over cap (cash expenditures higher than cap number) for years. A couple of signing bonuses will do it.

This is another area where high revenue teams will help lower ones. The Bengals can spend 89% while the Cowboys and Redskins can drop large signing bonuses and keep the league near its goal.

Silverstein reported that the Packers will need about $10 million of space for rookies, which seems high, though rookie contracts are much different now. He then speculated that there then might be room for one extension (Finley, Sitton) and an offer to Jones.

I have read elsewhere that the cash floor is 89% for this year and next then it zooms to 95% and above for 2014 when new TV contract money hits. So unlike some other reporting and posting, there may be a cash floor this year. Which would help explain the $19 million dollar punter.

[Bretsky]

So what you are suggesting is that we hope Jordy has a few well timed drops of potential TDs throughout the year? Will this be part of the official Game Day whammy?

yes, in winning games we need Jordy to drop some balls so we can keep him, Sitton, and Finley next year. I'm not sure how to work the whammy in but I'm more than happy to try.

[smuggler]

My understanding is.

2011: NO team cap floor. League must meet 99% of the cap or else... ?
2012: No team cap floor. League must... ?
2013: ?
2014: 89% team cap floor

[pbmax]

Smuggler you are correct according to PFT today. I should have stuck with an earlier post. But I had just read on their CBA breakdown that it was 89% for the first two years, but that apparently was old info and the new version is still their read:

It remains widely believed by fans and some in the media that the mandatory minimum cash spend of 89 percent under the new labor deal immediately applies. It doesn’t.

While the league as a whole must spend cash in 2011 that equates to 99 percent of the cap, there’s no minimum requirement for each team until 2013. Thus, neither the Bengals nor any other specific team is required to spend another dime — as long as all 32 teams cuts checks this year that equal at least $3.814 billion.

http://profootballtalk.nbcsports.com/2011/08/02/11-teams-still-have-20-million-or-more-in-cap-room/

[red]

pft is saying we are 15.4 million under the cap right now, that's with everyone signed up.

i think it's time to lock up finley and sitton

[pbmax]

pft is saying we are 15.4 million under the cap right now, that's with everyone signed up.

i think it's time to lock up finley and sitton

I think that number is BEFORE you factor in new FA contracts that don't become official until the new league year starts. So that number will come down. And during camp, its the most expensive 51 that count against the number.

[red]

I think that number is BEFORE you factor in new FA contracts that don't become official until the new league year starts. So that number will come down. And during camp, its the most expensive 51 that count against the number.

florio says that is the cap number as of tuesday, its before the official day, but i would think he's taking that into consideration. the article deals with teams that have to get under the cap by tomorrow

i'm under the impression that those new numbers are already factored in

here's the article

http://profootballtalk.nbcsports.com/2011/08/04/with-cba-coming-salary-cap-compliance-time-is-at-hand/

[pbmax]

florio says that is the cap number as of tuesday, its before the official day, but i would think he's taking that into consideration. the article deals with teams that have to get under the cap by tomorrow

i'm under the impression that those new numbers are already factored in

here's the article

http://profootballtalk.nbcsports.com...me-is-at-hand/

Maybe we are missing something. Thompson cleared just over 17 mil in cap space and has signed Crosby, Jones and the new ILB. Crosby alone had an $800,000 base, 1.25 roster bonus and $750,000 signing bonus which, I think puts his 2011 cap number at $2.255 mil.

Plus the rookie contracts (Sherrod has to be $1.4 mil cap number). Unless the Chillar cut put Thompson well over $17 mil of cleared space, the team cap has to be higher than $15 mil under.

That is unless the reporters first giving the Packers salary cap at slightly over $120 million forgot to count only the 51 highest players on roster.

[pbmax]

According to JSO, $17.26 mil of space cleared when everyone, including Tauscher and Chillar were let go.

http://www.jsonline.com/sports/packers/126440208.html

[vince]

I think the old $120 mil number that was publicized included the defunct tenders for Colledge, Kuhn, Hall, Jackson, Jones, Crosby, et al. I never saw an itemized listing, but that would account for the difference.