Originally Posted by badboy
Would you agree that Bishop cancels out Clutts as one of the 51?
1. Sharpton's $674K should be more than cancelled by Hopkins.
2. Our second round pick should equal Gardner's $650k as Posey (3rd round) was $561K in 2012. Then add slight increase for new year.
3. Our third round should equal McGee's $630 as Brooks (3rd round) in 2012 was $545K then add slight increase for new year.
4. Rashon Harris $480K is more than equaled by our 4th rounder as Ben Jones cap for 2012 was $510K then add slight increase for new year adjustment.
5. Mondek $405 K is replaced by our 5th rounder as Bullock's cap for 2012 was $434K. Then add slight increase for new year.
All of these will be over the minimum.
Here's the comparison of what you're proposing and essentially doing nothing (and for now I'm deferring the discussion of Bishop):
- If we cut the six players you mentioned, we save $3.16 million in cap space. We then add the first six draft picks (I'm assuming the three 6th round picks will have no impact on the cap as they are likely signed for the minimum with no bonus). Based on a small adjustment (2%) to the contracts of the players taken at the same spots in the 2012 draft, it's reasonable to assume those six players will take $4.1M in cap space once signed. Since you've let 6 players representing $3.16M in cap space go, the net cap space used to sign the draft class is $.94M leaving us $2.684 in cap space (3.624-.94). This will also leave us 6 open spots on the 90 man training camp roster, and they will have to be filled with players making the rookie minimum in order to avoid increasing the cap amount.
- If we do nothing, once the top six picks are signed, the contracts currently representing spots 45-51 in the cap calculation will simply drop off, and be replaced by the 6 rookie contracts. This means that $2.43M (6 x $405,000*) will drop off, and the $4.1M will take it's place creating a net use of cap space of $1.67M or less than $1M more than your suggestion. Our remaining cap space is now $1.954M (3.624-1.67).
Essentially, if we're to sign Bishop at a $3M cap hit in year one, your plan gives us just enough cap room (assuming he replaces a rookie minimum contract in the top 51, and we need to generate around $700K under the do nothing plan. We can't forget that we're going to need some additional space to cover any players that may end up on IR, and the two additional spots that will be included in the cap calculation once the regular season starts.
Even though I abhor the idea of kicking the salary cap can down the road, there's any number of players who could easily restructure and create more than that amount in cap space, and I'd rather play kick the can (for a small amount) than take away all 6 players you mentioned for less than $1 million in net salary cap relief.
(*) In a previous post I referred to the rookie minimum amount as $375,000. That's the 2011 amount - $405,000 is the 2013 amount.