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CrapTakula
Joined: 17 Jan 2007
Posts: 8489
Location: Gilead
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 Posted: Fri Oct 05, 2012 3:01 am Post subject: |
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i have about $14 in my wallet, but the cool thing is that I have a $2 bill.
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bitty
Joined: 19 Jan 2005
Posts: 2990
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| Posted: Fri Oct 05, 2012 6:42 am Post subject: |
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| holyghost wrote: | | oakdb36 wrote: | | holyghost wrote: |
Maybe those guys carry some dead money so it wouldn't be quite that much. |
Yeah, they do. Also have to take into account a few players (Palmer and Branch come to mind) whose base salary goes from vet minimum to huge which will eat even more of the cap unless something is done about that. |
Yeah, but we also don't know who is carrying a big bonus this year and not the next - guys who are the opposite of what you mentioned.
All in all, whether it's 35 mil or 60 mil, it can be a large chunk if the right guys are dumped off.
And in the same vein, another large chunk can be available the year after with the loss of more dead money from guys like Kelly, Seymour, etc..
2 possible years in a row of active free agency. Hope the scouting department has it together. |
You don't know what the signing bonus was and how much money is guaranteed that's what makes up the dead money. |
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Rolni
Joined: 08 Jun 2008
Posts: 2167
Location: Europe
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| Posted: Fri Oct 05, 2012 10:28 am Post subject: |
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Big deals, would be dead moneys:
Palmer's deal had no guaranteed money beyond the 2012 season, before the restructure. Then part of his 2012 salary got turned into signing bonus. 11,675M over 5 years. That's 2.335.000\year. So after this season his dead money would be 4*2.335.000=9.340.000.
His 2013 salary+signing bonus would be 16.891.667, so we could save 7.551.667.
Seymour signed a five-year, $37.5 million contract in 2012. The deal included a $6.575 million signing bonus. 2012: $925,000, 2013-2016: $7.5 million, 2017: Free Agent
So 1.315.000 is the yearly signing bonus. If he is cut after this season his dead money would be 5.260.000.
9.046.250 would be his salary and sb, so 3.786.250 could be saved.
Kelly signed a 7 year deal with 13M bonus. 1.857.142 was the yearly part.
This season he made a restructure. His 6M salary went into 825.000 salary and 4.175.000 bonus. He had 3 yeas left in his deal, so that's 1.391.666\year. So IMO if he is cut after this season he will have 6.497.616 dead money. He would make 9.748.808 on paper if he is kept, so that would be 3.251.192 save for the team.
Huff's deal after the restructure is a 37.486.250 one for 5 years with 12.786.250 as signing bonus and 4-4M roster bonus in '15 and '16.
If he is cut after the season 10.229.000 is the dead money against his 6.557.250 money if kept, so we would lose 3.671.750 on the move.
This is Curry's new deal:
2012: 615.000 salary + 377.000 signing bonus= 992.000
2013: 3M salary + 377.000 signing bonus + 500.000 roster bonus= 3.877M
2014: 3,5M salary + 377.000 signing bonus= 3.877M
2015: 3,5M salary + 377.000 signing bonus= 3.877M
2016: 3,5M salary + 377.000 signing bonus= 3.877M
Where the last 3 is voidable. A cut before the roster bonus would mean 1.508.000 dead money. 3.877.000-1.508.0002=2.369.000 saving.
DMC, DHB and Rolando had no signing bonuses if I know correctly. They had roster and option bonuses, so they can be let go easily, however I'm not sure how these bonuses work against the cap. I think DHB should get a new deal while DMC should be on the trading block.
McClain could be kept if he has no jail time or could be cut for low dead money IMO.
That's how I calculate.
So basically with the Sey, TK and Curry cut's we would save some money against the cap, but we wouldn't have 50M cap space.
After these 3 cuts without touching DHB, DMC and Rolando and before any FA signing (resigning or new signing)I think we will stand like this:
Salaries: 65.888.196
Bonuses: 19.488.694
Dead money: 13.256.616
2012 turn over: 6.000.000
Projected cap room: 121.000.000
Cap room: 28.357.494
With DHB's 10.601.000 cap number with a restructure or ratehr with a new deal we could free up 5-6M easily.
That would give us 33-34M to spend on FA's rookies which would be a lot better then this year was.
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holyghost
Joined: 18 Jan 2007
Posts: 5311
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| Posted: Fri Oct 05, 2012 12:44 pm Post subject: |
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28-35 is pretty damn good. We scraped to have 6 mil this year at the highest point.
Plus with the first 3 cuts you outlined, we're clearing another 21 in dead money the following year. |
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