FFMD-09: Release Players

[Olympia Martin]

Welcome to Releasing Players
Timeline: Monday February 2nd, 2009: 8am-indefinitely

During this period if any teams are over the 123 Million dollar cap you will need to release players to get under the cap. All teams are allowed to release players starting Monday at 8am and can do so throughout the remainder of FFMD. You are never allowed to exceed the 123 million dollar cap limit beyond Monday, or the 53 man roster. Capologists please keep an updated spreadsheet of your roster and cap figures so you do not exceed these limitations.

The cap penalty to release a player will be their listed signing bonus and you will save the salary portion of their cap hit.

*** For Example***
(player name and cap hit are just for examples purposes and are not real figures)
The Pittsburgh Steelers release James Farrior (1 Million salary, 1 Million signing bonus for a total cap hit of 2 million) for a cap penalty of $1 Million Dollars.

If you trade a player there will be a cap penalty as well. However the cap penalty for trading a player is not the full signing bonus. For trading a player the cap penalty will be 50% of the signing bonus. In the above example if the Steelers traded James Farrior at the contract numbers listed the cap penalty would be $500,000 for trading him. That is 50% of his 1M signing bonus. You still save the base salary in all situations when trading or releasing a player.

If you release a player you just traded for the cap penalty is the total contract amount, both base salary and signing bonus. We do not want teams to trade for players and release them therefore there is a full cap penalty equal to the total cap hit.

How do you release a player?
The NY Jets release Brett Farve with a cap penalty of 2,000,000 dollars.
Or if no cap penalty:
The NY Jets release Brett Farve with no cap penalty.

***There will be 50% of the signing bonus cap penalty for trading a player.

If you trade a player his total cap hit will be accelerated to the new team therefore meaning if that team wants to release the player they just acquired via trade, you may do so but his total cap hit will be your penalty, not just the signing bonus portion. The team that traded the player still have to account for 50% of the signing bonus as a penalty against the cap for trading a player. This is a used as a transaction fee for trading a player. The team who trades the player is not paying half of the signing bonus they are simply taking a cap penalty for trading them. The total cap hit is the penalty for trading for a player and then releasing them.

Only GM's and AGM's will be allowed to post here releasing a player. Please do not post any discussion or questions relating to this section of FFMD here. You are allowed to PM either the Gnat, EliteTexan80 or myself with any questions during FFMD.

[scar988]

The Atlanta Falcons cut LB Keith Brooking [now UFA] (cap penalty 3.542M) and OT Todd Weiner [now UFA] (cap penalty 1.5M).
Cap Savings: 8.75M
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[kenney]

The Houston Texans cut the following players:
- RB Ahman Green (penalty: $1,950,000)
- DE Anthony Weaver (penalty: $2,700,000)
- LB Morlon Greenwood (penalty: $1,500,000)

Cap relief: $13,068,000

[vikingsrule]

The Minnesota Vikings release QB Gus Frerotte ($1,750,000 Salary, $0 Bonus for a total cap hit of $1,750,000) with no cap penalty.

The Minnesota Vikings release RB Maurice Hicks ($1,100,000 Salary, $0 Bonus for a total cap hit of $1,100,000) with no cap penalty.

The Minnesota Vikings release WR Darius Reynaud ($860,000 Salary, $0 Bonus for a total cap hit of $860,000) with no cap penalty.

The Minnesota Vikings release LB Vinny Ciurciu ($850,000 Salary, $338,000 Bonus for a total cap hit of $1,188,000) with a cap penalty of $338,000.


Total Salary Cap Savings with release of Frerotte, Hicks, Reynaud, and Ciurciu: $4,222,000
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[JWingate]

The Dallas Cowboys release Brad Johnson with a cap penalty of 1,333,000.
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[Davey]

The New York Jets release QB Brett Favre.

The New York Jets release CB David Barrett with a cap penalty of $842,000.

Cap relief: $16,710,000.

[Blknite01]

The Washington Redskins release

***Shawn Springs (cap penalty of $2,483,000) - Savings - $6,000,000 NOT RELEASED
Marcus Washington (cap penalty of $2,020,000) - Savings - $4,500,000
Phillip Daniels (cap penalty of $607,000) - Savings - $2,000,000
Jason Taylor (no cap penalty) - Savings - $8,500,000
Cornelius Griffin (cap penalty of $1,966,000) - Savings - $4,200,000

Total Savings - $19,200,000

Current Cap Status - $15,777,000 under

Shawn Springs has been added back to the Skins roster after a late contract issue with franchising D.Hall was released. He is not a UFA and will remain a Skin.
_________________
Adopt-a-Redskins: Fred Davis!

I'd rather get gunned down than dumb'd down

[chief_fan822003]

Kansas City has decided to release from their contracts:

LB Donnie Edwards [$6,583,000 salary; $1,583,000 penalty; $5,000,000 savings]
CB Patrick Surtain [$9,730,000 salary; $2,730,000 penalty; $7,000,000 savings]
CB Ricardo Colclough [$750,000 salary, $0 penalty, $750,000 savings]
CB David Macklin [$750,000 salary, $0 penalty, $750,000 savings]
LS Thomas Gafford [$385,000 salary, $0 penalty, $385,000 savings]

$13,885,000 total savings; $49,842,000 under cap
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[Jetsalltheway39]

New York Jets Cuts

Brett Favre, QB: Money Saved ($13,000,000) - Dead Money ($0)
Noah Herron, RB: Money Saved ($535,000) - Dead Money ($7,280)
Marcus Mason, RB: Money Saved ($385,000) - Dead Money ($7,280)
Danny Woodhead, RB: Money Saved ($385,000) - Dead Money ($666)
Huey Whittaker, WR: Money Saved ($310,000) - Dead Money ($7,280)
Kareem Brown, DT: Money Saved ($460,000) - Dead Money ($7,280)
Brian Schaefering, DT: Money Saved ($310,000) - Dead Money ($7,280)
Brandon Renkart, OLB: Money Saved ($310,000) - Dead Money ($7,280)
David Bowens, ILB: Money Saved ($2,000,000) - Dead Money ($733,334)
Kenwin Cummings, ILB: Money Saved ($310,000) - Dead Money ($7,280)
David Barrett , CB: Money Saved ($3,710,000) - Dead Money ($842,000)

[immuhguy10]

The Seahawks release K Olindo Mare for a cap saving of 1.5M
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Props to Kempes on the sig.

[jebrick]

Super Bowl 43 Champion Pittsburgh Steelers release

Greg Warren LS ($650)
Kyle Clement DE ($385)
Mike Humpal FS ($385)

No penalty for any of them.
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"You build with draft choices. You find people with talents adaptable to your plans and then you teach them to do things the way we do them." - Chuck Noll

[khodder]

The Indianapolis Colts Release;

Marvin Harrison - Cap Savings, $12.4M. Penalty of $1 Million.

Cap Room - $13,104,050.
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Patrick Peterson - 92 targets, 40 catches allowed, 602 yards, 6 TD's, 7 INT's

The Big Brain am winning again, I am the Greetest.

[ravens5520]

The Baltimore Ravens have decided to release Chris McCallister.

Base Salary: 8 million
Signing Bonus: 2,907,000 (dead money)

Ravens New Salary Cap: $21,039,000 Million

[icecoldbruschi]

The New England Patriots have decided to release the following players...
*no cap penalty unless specified...

WR Matt Slater-cap penalty of 43,750
TE Tyson DeVree
OG Dan Connolly
C Ryan Wendell
DT Titus Adams
DE Jarvis Green-cap penalty of 2,500,000
LB Angelo Craig
LB Darrell Robertson
CB Antwain Spann

Total Savings: $ 4,766,250
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[JonesDrew32]

The Jacksonville Jaguars release:

Anthony Cotrone RB- save $385,000.
Troy Williamson WR- save $1,435,000
Paul Spicer DE - save $2,500,000 (cap penalty of $1,000,000)
Theo Horrocks DT- save $385,000.
Isiah Gardner CB - save $385,000
Adam Podlesh P- save $460,000 (cap penalty of 121,000)

Total Savings of: $5,550,000

Jacksonville Jaguars new salary cap:: $26,520,000