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- Jan 21, 2014
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The other thought I have on cap space ...
Currently (according to overthecap.com), we have $20,760,851 in cap space, not including the contract numbers for Jimmy G, KCurl, Rozeboom and Murchison.
Let's say Jimmy G and Curl are both about $4.5M against the cap for this season, Rozeboom is $1.5M and Murch is $3M. That leaves us at $7.26M. Draft picks should take almost $12M, but are replacing those players at the bottom of the 51-man accounting for the team, so would actually mean an increase of maybe $3-4M. Let's go with $4M to be conservative.
This would leave us with $3.25M to spend, plus the $1.2M after June 1st when the Donald retirement hits the books. So, let's say $4.5M. It could jump by up to $2.8M more if we trade/release Tutu and Hunter Long, bringing it to $8.3M max. The only way we have more than that is through restructures - looking at you Matt Stafford (up to $19,860,000 can be made available through restructuring his contract).
What does all this mean? It likely means that we will be waiting until the June 1st cuts before bringing anyone else significant on board, and even then the level of significance isn't high unless there is some movement via restructure.
Currently (according to overthecap.com), we have $20,760,851 in cap space, not including the contract numbers for Jimmy G, KCurl, Rozeboom and Murchison.
Let's say Jimmy G and Curl are both about $4.5M against the cap for this season, Rozeboom is $1.5M and Murch is $3M. That leaves us at $7.26M. Draft picks should take almost $12M, but are replacing those players at the bottom of the 51-man accounting for the team, so would actually mean an increase of maybe $3-4M. Let's go with $4M to be conservative.
This would leave us with $3.25M to spend, plus the $1.2M after June 1st when the Donald retirement hits the books. So, let's say $4.5M. It could jump by up to $2.8M more if we trade/release Tutu and Hunter Long, bringing it to $8.3M max. The only way we have more than that is through restructures - looking at you Matt Stafford (up to $19,860,000 can be made available through restructuring his contract).
What does all this mean? It likely means that we will be waiting until the June 1st cuts before bringing anyone else significant on board, and even then the level of significance isn't high unless there is some movement via restructure.