Cap discussion

DT58_lives_on · Joined: 04 Jan 2007 Posts: 4934 Location: St. Cloud, MN

Tamba/Berry/DJ/JC. We might be able to squeak a little money out there for the good of the team.
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bigschmadt00 · Posted: Fri Mar 01, 2013 1:29 pm Post subject:

bigschmadt00 · Posted: Fri Mar 01, 2013 1:31 pm Post subject:

KC_Guy · Joined: 07 Jan 2008 Posts: 5903 Location: Brussels, Belgium

Tweaked my little spreadsheet a lil' bit.

With Smith on board and Cassel released the Chiefs are approx. 11 M$ under the cap (for 53 players - the 51 player limit in pre-season is a technical number without relevance for longer term cap considerations).
In addition to smith this number takes into account the draft picks and all pre-season pay that counts against the cap.

Neither Bowe, Albert, Colquitt, Gafford, or any other own free agent is included (and, for example, any low RFA tender causes a 1 M$ hit against the cap).

TJax counts approx 17.5 M$ against the cap - he won't see anything close to that number. So that will provide some relief.

But here's the big issue: The 11 M$ under the cap derive from the 2012 roll-over of 14 M$. Against the 2013 cap as such the Chiefs already are 3 M$ OVER.

A brief 2014 outlook:

Berry, Charles, and other players will have a slightly bigger cap hit next year, while Hali, Flowers, and Winston go down (Hali by 6 M$!!). Furthermore, the dead money the Chiefs take this year (3 M$ for Breaston, 3.95 M$ for Cassel) won't be a factor anymore.
So I'm fine if the Chiefs only retain a limited amount to roll over into 2014.

In 2015 the new TV contracts kick in which will provide a significant rise in cap. However, the agents know that as well, so expect some bigger contracts to be structured a way that the players signing this year take full advantage of that spike.

Nevertheless, all said and done: If the Chiefs re-sign both Albert and Bowe (plus Colquitt and some of the other guys) they won't have enough room to be big players in FA. Whatever room they had was used to replace Cassel by Smith.

You may like it or not: From a cap standpoint it makes a lot of sense to replace either Bowe or Albert with a draft pick.
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OILCHIEFS · Joined: 02 Feb 2011 Posts: 1302

Yeah, I understand how every decision needs to be made with all things considered, especially the cap but if your trying to improve as a football team, you shouldn't let the cap dictate how to build the team. Now I can't say I have the solution but I'm sure there are ways to make it work.

Could they not sign long term contracts that have smaller cap hits for the next couple years but then get larger with the projected raise in cap for the TV contracts? Is that even plausible?

Thanks again for all the insight and hardwork with the cap. It's nice to be more informed about the business side of football.

Rearviewmirror · Posted: Fri Mar 01, 2013 1:57 pm Post subject:

The best thing Glenn Dorsey can do for us is go sign somewhere else and finally realize his potential in a different defense to net us some kind of comp pick.
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nicfre2011 · Joined: 15 Mar 2011 Posts: 5303 Location: SC

Berry is worth restructuring but I wouldn't want to push any of Hali's money into the future. Zeroing Jackson out while replacing him with a Canty/Jenkins type would really help boost our flexibility.
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KC_Guy · Joined: 07 Jan 2008 Posts: 5903 Location: Brussels, Belgium

Restructuring is a way to save cap now by selling the future. Nevertheless, it's done frequently and usually is compensated when a team enters rebuild mode with a lot of young, relatively cheap players and no big names on the roster. However, it can be done differently if the cap is managed properly -NE probably is a prime example (the recent Brady deal left aside).

If the Chiefs extend/restructure this year they'll face serious issues in 2014. After 2014 things should be much easier. So, if they can make it this year without restructuring I'd prefer that.

The sole exception is TJax, but that's not a restructuring, that's a straight pay cut or a completely new contract. And it's not about cap, it's primarily about real cash.
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samsel23 · Joined: 30 Sep 2008 Posts: 1597

KC_Guy · Joined: 07 Jan 2008 Posts: 5903 Location: Brussels, Belgium

KC_Guy · Joined: 07 Jan 2008 Posts: 5903 Location: Brussels, Belgium

ok ... next update with Bowe, Albert and Colquitt on board. Need to make a couple of assumptions:

- Cassel & Jackson are released
- Colquitt counts 3.5 M$ against the cap in 2013

The Chiefs have about 138 M$ in cap.

Players under contract: 110 M$
Offseason pay: 0.6 M$
Draft Pick Green Shoe: 4.7 M$
Dead Money: 12 M$

Total: 127.5 M$

That leaves the Chiefs with approx. 10 M$ until training camp.
For training camp they'll need another 4.7 M$, the Practice Squad counts about 1 M$, and the expansion fron 51 to 53 players against the cap counts another 1 M$.

Bottom line: unless the Chiefs find another way to free some cap they have about 3 M$ (plus 500k per signed player) to spend in order to re-sign their own free agents and sign other guys.
Considering the money they spend on Bowe, Albert, and Colquitt I'm pretty sure they consider shifting some money to the right. Hali and Berry should be prime candidates.
However, with Bowe's contract being extremely cap friendly this year and more than doubling next they need to be careful what they do in 2014.
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