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Old 08-03-2011   #1
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Default Texans $8.5 million over the cap

As of Tuesday, seven teams were over the cap
Posted by Mike Florio on August 3, 2011, 2:26 PM EDT
We shared with you on Tuesday a list of the teams with more than $20 million in cap space. And we mentioned within the past hour or so that the Eagles still have some breathing room.

Now, it’s time to look at the teams that had some work to do, as of Tuesday, to get under the spending limit.

Per a source with knowledge of the cap numbers, here are the seven teams that were in the red: Raiders ($17.3 million), Steelers ($11.5 million), Texans ($8.5 million), Vikings ($5.6 million), Lions ($5 million), Cowboys ($3.7 million), and Panthers ($939,000).

The highest-paid 51 players on each team must be under the cap by the start of the 2011 League Year. It was expected to start Thursday with the ratification of the new CBA. As Steelers safety Ryan Clark tells it, that may not happen.
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Old 08-03-2011   #2
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Default Re: Texan's over the cap

Hopefully there will more contract reconstruction going on rather than cutting players.
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Old 08-03-2011   #3
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Default Re: Texan's over the cap

thanks for posting.
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Old 08-03-2011   #4
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Default Re: Texan's over the cap

Link to the article:

http://profootballtalk.nbcsports.com...-over-the-cap/
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Old 08-03-2011   #5
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Default Re: Texan's over the cap

I was hoping they would be under a little and use what is left over for a bonus for Foster, the most underpaid in the NFL. Remember the whole AJ underpaid contract that was redone a few years ago, Ha, Foster brings the term underpaid to a whole new level. If he has another huge year it looks like we will not have the money for him next year.
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Old 08-03-2011   #6
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Default Re: Texan's over the cap

No Eagles on that list, wow.
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Old 08-03-2011   #7
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Default Re: Texan's over the cap

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Originally Posted by pirbroke View Post
No Eagles on that list, wow.
The Eagles were about 40 mill under to start with.
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Old 08-03-2011   #8
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Default Texans are $8.5 million over the salary cap

Looks like the Texans are $8.5 million over the cap. Surely no one can accuse the Texans of being unwilling to open their checkbook this year.

Apparently Rick Smith intends to address this problem by trying to renegotiate some contracts. It will be interesting to see how that plays out.

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Texans are $8.5 million over salary cap

General manager Rick Smith said today the Texans will have to restructure some contracts to help them get under the $120.4 million salary cap by Thursday's 4 p.m. deadline.

The Texans are $8.5 million over the cap. Under league rules, the top 51 highest-paid players must be under the cap.

The Texans entered free agency with a salary cap of $118.4 million. They used their $3 million exemption that was part of the new collective bargaining agreement.

The Texans signed two free agents, cornerback Johnathan Joseph (five years, $48.75 million, 23.5 million and safety Daniel Manning (four years, $20 million, 9 guaranteed).

They also re-signed receiver Jacoby Jones (three years, $10.5 million, $3.5 million guaranteed), quarterback Matt Leinart (two years, $5.5 million, $3.75 million guaranteed) and offensive tackle Rashad Butler (two years, $3.8 million).

Smith and vice president of football operations Chris Olsen will be working overtime again to redo contracts.
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Old 08-03-2011   #9
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Default Re: Texans are $8.5 million over the salary cap

So quick question.... what happens if we are over the cap?
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Old 08-03-2011   #10
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Default Re: Texans are $8.5 million over the salary cap

We could be fined, lose draft picks and have contracts voided, I believe. This makes me want to dive in and see who our FA's are next year and what our contractual obligations are, but that stuff drives me crazy. Too much legalese in it.
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Old 08-03-2011   #11
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Maybe they can trade or cut some people.
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Old 08-03-2011   #12
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Default Re: Texans are $8.5 million over the salary cap

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Originally Posted by XI CMURDER IX View Post
So quick question.... what happens if we are over the cap?
We shouldn't have a problem. Schaub already said he'd be willing to restructure his contract to bring in FAs. I am sure others will as well.
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Old 08-03-2011   #13
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Default Re: Texans are $8.5 million over the salary cap

But but but Bob is sooo cheap and does not want to win and will never spend the money to put a good team on the field!

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Old 08-03-2011   #14
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Default Re: Texans are $8.5 million over the salary cap

Quote:
Originally Posted by imatexan View Post
But but but Bob is sooo cheap and does not want to win and will never spend the money to put a good team on the field!

:

I fought the whole "Bob is cheap" stuff for years. But I don't think this is the time to start pulling it out. Let's have a few winning seasons and some SB appearances before we start arguing over his cheapness again. Let's just put the whole thing behind us and move on.
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Old 08-03-2011   #15
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Default Re: Texans are $8.5 million over the salary cap

Oh and yall that attend the games: get ready for Uncle Bob to raise the price on beer, dogs, and souvenirs!

Gotta pay for those contracts somehow!
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Old 08-03-2011   #16
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Default Re: Texans are $8.5 million over the salary cap

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Originally Posted by imatexan View Post
But but but Bob is sooo cheap and does not want to win and will never spend the money to put a good team on the field!

Repped
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Old 08-03-2011   #17
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Default Re: Texans are $8.5 million over the salary cap

Quote:
Originally Posted by Doppelganger View Post
We shouldn't have a problem. Schaub already said he'd be willing to restructure his contract to bring in FAs. I am sure others will as well.
He will be looking for a HUGE payday if his stats the next 3 yrs look like they did the past 3 yrs. Restructuring and extending him would probably be a good thing. LINK
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Old 08-03-2011   #18
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Default Re: Texans are $8.5 million over the salary cap

Quote:
Originally Posted by DocBar View Post
We could be fined, lose draft picks and have contracts voided, I believe. This makes me want to dive in and see who our FA's are next year and what our contractual obligations are, but that stuff drives me crazy. Too much legalese in it.
Cut Mario. Problem solved!
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Old 08-03-2011   #19
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Default Re: Texans are $8.5 million over the salary cap

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Cut Mario. Problem solved!
I wore my delete button out trying to respond to this. %&&%$## family friendly MB's!!!
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Old 08-03-2011   #20
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Default Re: Texans are $8.5 million over the salary cap

Quote:
Originally Posted by Doppelganger View Post
We shouldn't have a problem. Schaub already said he'd be willing to restructure his contract to bring in FAs. I am sure others will as well.
I know it won't happen, but I was just wondering what would actually happen if it did.
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