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2013 Salary Cap estimates for all 32 clubs

Optimus-NY : 1/17/2013 1:45 pm
Here are the Salary Cap estimates for the coming year as of Jan. 14, 2013 according to the source linked below:




I. Here is the order sorted from the most space to the least:




II. Here are the teams ranked in alphabetical order:




NOTES:
• The Cap estimates I've read so far are 120.6 and 120.9 million dollars.
• Remember that there is a salary cap minimum threshold of 89% of the cap to meet this year.
• This means that teams that are more than approximately $13.3 million beneath the cap have to spend the amount of money that they have free under the cap to reach that mandated floor number.
• According to the list above, there are 14 teams that are more than 13.3 million dollars under the cap.
• Those teams will be especially active this offseason in the free agency market to meet the minimum required salary cap floor number, which is between approximately $107.334 million and 107.601 million using the numbers listed above.
• Expect those clubs with money to spare, especially those at the top, such as Cincinnati, Cleveland, Indianapolis, Miami, Tampa Bay, Jacksonville, Buffalo, and Tennessee to be the most active in free agency approximately 2 months from now.
• Meeting the salary floor isn’t a problem for the Giants.
• They are going to have to cut and/or restructure some players’ contracts to get under the cap (according to this chart they are $4.7 million over the 2013 cap).


REMINDER ABOUT RESTRUCTURES WORK:
• You don’t restructure overpaid players.
• A restructure is when you take salary that a given player is due to earn, & then turn it into a guaranteed bonus.
• It's something you do with a core player who you expect to be around for 3 more years, or so (e.g., players who the Giants have done this with in the recent past are Eli Manning, Chris Snee, Corey Webster, and Antrel Rolle).
• It is significant to note that teams can only do it every 12 months with a given player, so if player X restructured his contract last year in June, then he can’t restructure his contract again until June of this year.
• I suspect that they’ll do it again with Rolle, Webster, or Snee. Chris Canty is also a likely candidate for a restructured contract since his cap hit will be $8.2 million.


WHAT TO DO WITH UNDERPERFORMING PLAYERS WHO AREN'T CANDIDATES TO HAVE THEIR CONTRACTS RESTRUCTURED?:
• Flat out cut the given player with the intention of not re-signing him. Depending on how much the Giants think David Diehl has left, he may become a victim of this.
• You can threaten to cut the player with the intention of re-signing him, and then use that leverage to get him to agree to a lower salary (this happened to Rocky Bernard and Brandon Jacobs 2 years ago; Jacobs refused to do it again last year, so the Giants cut him). Once again, David Diehl is a prime candidate for this, and so may be Ahmad Bradhsaw, but it probably won’t come down to that with him since his cap hit is not big compared to the low amount of cap space that the Giants have allocated with respect to the running back position overall.
• You’ll be forced to deal the reality of your decision and deal with the mistake that you made, and hope that his play improves. This is the most difficult situation to be in. The Jets are presently dealing with this with Mark Sanchez and Santonio Holmes.

WHAT TO POSSIBLY EXPECT GOING FORWARD:
• Michael Boley, David Baas, and Justin Tuck merit keeping an eye on this offseason with regard to their contract situations. Boley and Tuck are entering the final years of their deals. I suspect that Tuck will remain, but the same may not be the case with Boley. Baas has 3 more years left on his deal, so he may be a candidate for a re-structured contract.
• Giants Salary cap expert, Kevin Abrams, will have his hands full this offseason for sure.

WHAT TO LOOK FORWARD TO WITH RESPECT TO FREE AGENCY AS IT HAS TO DO WITH THE SALARY CAP :
• He’ll have to deal with pending 4 RFAs, most notably Victor Cruz & Stevie Brown, and then have to see if the Giants can sign anyone in UFA at the expense of someone currently on the roster, particularly the O-Line since there are 2 starters who will be free agents in March. Money will have to be carefully allocated there.
• The Giants will look to re-sign their own players who they project decent production for going forward. As always, the Giants set a price for these players. If they demand more than what the Giants think they’re worth, the Giants will cut bait with them (e.g, see Kevin Boss and Steve Smith).
• The Giants don’t go crazy money-wise in UFA, but will identify glaring areas of need, and then act quickly to fill these needs in come March if the price is right.
• They did so right away last year when they signed Marty B to play TE after the position was depleted with the injuries in the SB 46 to Ballard and Beckum.
• They did the same in going into 2010 with Rolle, Boley, & Bernard. In 2005, most famously, they signed Kareem McKenzie, A. Pierce, and Plexico to fill glaring needs on the roster at RT, MIKE, and WR respectively.
• Look for them to do so this year on the following positions: OL, LB, TE (re-sign Bennett here), and possibly CB.
• There will free agents who are likely to not be back (Kenny Phillips and Osi), for whatever the reason, and players who may be cut (Diehl or Boley).
• The Draft is easier to deal with because of the salary slotting system now in place brought about as a result of the 2011 CBA. There isn’t as much spent on draft picks as their used to be. Especially higher first round picks.
• Don’t look for the Giant to make a lot of moves, but instead target areas of need, and players who won’t break the structure of their salary cap going forward.
• As Jerry Reese himself said last year in an interview with Bob Pap and Ross Tucker on SiriusXM NFL Radio, the Giants don’t plan ahead by a single year. They do everything looking 2 or 3 years down the line. Keep that in mind this offseason as the Giants look to secure their younger core players going forward who will be coming off of their rookie deals (e.g., JPP, Cruz, Nicks, Linval Joseph).
• Tough decisions have to be made, and it is inevitable that teams will lose players—sometimes very good ones—but such is life in today’s NFL. The plus side, is that if a team sticks to a plan, and manages the cap carefully, they’ll be able to have both short-term and long-term success. Teams like the Giants, Steelers, and Packers are excellent examples of this, since they’ve won 4 of the last 6 Super Bowls.




NFL Cap Space - Nate Bouda - January 14, 2013 - ( New Window )
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Optimus I think its more. I think the "miscellaneous bonus" cited  
BlueLou : 1/17/2013 4:40 pm : link
for CWeb was not part of the "signing bonus" and therefore IS NOT guarranted money and would be saved as well. It's usually a "roster bonus plus work out type bonuses" ie not signing bonus stuff.
I don't think Tynes will get 10 cents more on the open market  
BlueLou : 1/17/2013 4:41 pm : link
than from JR. Dude, hit a 45 yard field goal once in a while, eh?
Interesting note from that data  
EricB in NYC : 1/17/2013 4:44 pm : link
Only one team that is projected to be over the cap next year made the playoffs this year (Washington), and they were a one-and-out.
So long Webster  
JerseyCityJoe : 1/17/2013 4:44 pm : link
Thanks for the memories.
cincys talent on rookie contracts are already ridiculous  
Neverend : 1/17/2013 4:50 pm : link
forget aj green. they have two young studs in marvin jones and sanu at WR.

forget gresham. they have a very promising TE in orson charles too.

they have an awesome, physical OL. Very deep in the secondary. They even have vontaze burfict on a rookie deal whom, from the looks of things, seems like a major upgrade over maulaluga. They have another great press potential corner in dre kirkpatrick waiting in, damn

tremendous collection of talent and drafting with an incredibly bright future. daltons lack of arm may keep them from ever being a legit superbowl contender. they just need to get more speed at RB/LB

55 million in cap space, that they have to spend. my oh my
awesome work Optimus, thank you  
mfsd : 1/17/2013 4:54 pm : link
and my first reaction was also something along the lines of LOL Jets
Lou - I'm beginning to understand it better now  
Optimus-NY : 1/17/2013 4:55 pm : link
The bonuses are what throw me off. I'm sticking to Pat's formula that she cited above:

Quote:
(Sum of Base salary and workout bonus) - remaining part of pro-rated Signing bonus = TOTAL CAP SAVINGS


I think I did it right, but I'm not sure. All those bonuses can easily throw you one off.

Regarding Tynes - If he thinks he can do better, then good riddance.
Shouldn't you take the total cap hit  
fkap : 1/17/2013 4:58 pm : link
and then subtract the bonuses? In the case of webster, Total cap hit is salary + signing bonus + misc bonus (let's assume for argument's sake that he gets the misc regardless) or 7,000,000 + 875,000 + 2,100,000 = 9,975,000. If he gets booted, his cap hit should only be the bonuses, or 2,975,000, which means the total team cap amount is reduced by 7 mil. It's an easy calculation when you're in the last year of the contract and don't have to add up amortized bonuses. It makes no sense to subtract bonuses from the salary, because the salary is not the cap hit currently being counted. I'm betting Pat transposed two words - subtract from that vs subtract that from.
My head is spinning, lol  
Optimus-NY : 1/17/2013 5:07 pm : link
I'll wait for Pat to make sense of things, no disrespect intended to anyone else of course.

Lotta work involved for NFL Front Offices w/respect to managing the cap.
fkap is correct....  
Ryan : 1/17/2013 5:08 pm : link
The prorated bonus amount is included in the cap figure so the cap savings would be the: cap # - current year prorated bonus - any acceleration of unamortized bonus + any non-guaranteed payments/bonuses yet to be paid that are included in the current year cap #.

Since Webster is in the last year of his deal there's no acceleration from future years. If the workout bonus is due on a certain date, and neither that nor any part of his salary are guaranteed, then the savings would be $7.25M.
Correction....  
Ryan : 1/17/2013 5:09 pm : link
...The non-guaranteed bonuses/payments would not be added back in if they're already in the cap #.
Lou - I agree w/you about Tynes  
Optimus-NY : 1/17/2013 5:10 pm : link
Check out this list of FA kickers below:
Free Agent Kickers

If he wants to go let him. His missed kick in Washington was costly. looking at the list linked above, off the top of my head I'd take either Rob Bironas or Steven Hauschka. Hauschka is a young player from close by, in Massachusetts, so if he comes here, he'd be much closer to home then where he is now in Seattle.
I think that if part of the misc. bonuses  
DP : 1/17/2013 5:14 pm : link
in Webster's contract are roster bonuses, they won't count against the cap if he is released.
I was told...  
Klaatu : 1/17/2013 5:43 pm : link
There would be no math.
this makes sense  
Optimus-NY : 1/17/2013 5:54 pm : link
Quote:
Shouldn't you take the total cap hit
fkap : 4:58 pm
and then subtract the bonuses? In the case of webster, Total cap hit is salary + signing bonus + misc bonus (let's assume for argument's sake that he gets the misc regardless) or 7,000,000 + 875,000 + 2,100,000 = 9,975,000. If he gets booted, his cap hit should only be the bonuses, or 2,975,000, which means the total team cap amount is reduced by 7 mil. It's an easy calculation when you're in the last year of the contract and don't have to add up amortized bonuses. It makes no sense to subtract bonuses from the salary, because the salary is not the cap hit currently being counted. I'm betting Pat transposed two words - subtract from that vs subtract that from.


The bonuses are guaranteed. I just figured that they ($2.975 mill) would be the only part subtracted from the cap hit ($9.975 mill), making it an even 7 million bucks.
If a roster bonus is included in a player's contract  
DP : 1/17/2013 6:43 pm : link
and he is cut he doesn't get the bonus. If he is cut on day 1 of the roster year and his contract included workout bonuses, he doesn't get them and they and the roster bonuses are not part of the cap hit.
Webster's contract is ugly  
Ten Ton Hammer : 1/17/2013 7:10 pm : link
At the height of his powers he wasn't a 9 million dollar player. That really has to change.
Canty can go too. I'm a fan, but he's never healthy.  
Ten Ton Hammer : 1/17/2013 7:12 pm : link
the pats are always cap-positive because they don't get sentimental. They slash and burn.
Webster  
stretch234 : 1/17/2013 7:23 pm : link
His savings is salary less all bonuses. His high misc bonus came from restructuring previously.

If he is cut it is 4M saved.

Bigger issue is there are no CB to be had. Top guys cost a ton. Dallas set the bar last yr for 5yr 50M for Carr

I think they extend him a year and get his salary cap number in line.

Canty when he is healthy is a tremendous player. I think they keep him and find a vet min backup

Boley was great for 1/2 yr and fell off - he might be a casualty
TTH  
JonC : 1/17/2013 7:29 pm : link
Agreed on Webster and Canty, and I'd part with Boley (and Diehl too, if he declines a paycut).
When healthy being the operative word  
Ten Ton Hammer : 1/17/2013 7:42 pm : link
He wasn't healthy last season and it showed. He wasn't healthy his first year either.

if he weren't carry a very high cap figure you can deal with that. I'd rather have a lesser player for 16 games healthy than Canty playing maybe 6 full-go games at that price.
I'd cut Diehl, and Boley and try to sign a young RT and LB in each of  
Optimus-NY : 1/17/2013 7:52 pm : link
their respective places. There are a few young RTs of interest: A. Smith, Loadholt, and S. Vollmer are a few names.
Phillip Wheeler is a young productive LB with the Raiders who also is worth remembering.

Canty is worth a re-structure. He's an impact player who has a few more good years left.

Webster is an interesting case. You've got to look at what's out there first before you consider cutting him. Check this list of FA CBs out:
Free Agent Cornerbacks

None of them stand out to me. Cutting may not be as optimal as some consider it to be.
for a player in his last year  
fkap : 1/17/2013 7:53 pm : link
savings should be easy to calculate: cap hit if you keep him minus cap hit if you release him. There's nothing to accelerate. cap hit if you keep him is 9,975,000 (according to figures listed above). cap hit if you release him is 875,000 signing bonus and maybe 2,100,000 misc bonus, depending on what it is. cap hit is either 875K or 2,975,000. His salary has nothing to do with his cap hit if he's released. depending on what the misc bonus is, cap savings are either 9,975,000 - 875,000 or 9,975,000 - 2,975,000.

that's my story, I'm sticking to it.
Sam shields and Terence Newman are worth investigating  
Ten Ton Hammer : 1/17/2013 8:17 pm : link
Newman in particular is coming off a bounceback season.
CB  
stretch234 : 1/17/2013 8:25 pm : link
How much do think Mike Jenkins would get. Former #1 pick, played real well 1 year and not well in other 3. He is still young.

If you are going to keep Webster and extend him a year, 2 for 8-10 say. Would you be better off offering Jenkins 6-7m - would it be enough

Curious what others think
Mke Jenkins stinks and Terrence Newman has a giant fork sticking  
Optimus-NY : 1/17/2013 8:48 pm : link
out of his back. They should get nothing.
I want to point this out again and don't think it should go away  
robbieballs2003 : 1/17/2013 8:53 pm : link
but I still don't understand giving Osi more money and having a 1 million dollar cap hit this year. We lost 1 million off the cap this year to "make him happy". It didn't make sense at the time and it made even less sense as the year went on.
I think you're thinking of 2011 terence newman.  
Ten Ton Hammer : 1/17/2013 8:54 pm : link
He played well last year. They even moved Leon Hall to cover slot receivers because Newman was playing so well outside.

79.2 QB rating against.
Giants are in utter cap hell  
oipolloi : 1/17/2013 9:05 pm : link
Already over or right at the cap, and they a bunch of free agents.

They made the classic post-SB mistake of keeping a bunch of injured and/or old players around rather than cutting them.
my top FA target is Vollmer  
Mr. Nickels : 1/17/2013 9:33 pm : link
re-sign Beatty and bring him in.

As said.. Diehl and Boley make way too much. Bradshaw makes too much and Webster does as well.

Extending Webster to cut his number in half makes more sense then cutting him.

We have Jacquian Williams i believe ready to replace Boley and Keith Rivers can prob be brought back cheaper and he has higher upside.

Also don't sleep on Brewer and Mosely on the oline.

Canty could be restructured.

Kenny Phillips and Osi are goners.
It's not utter cap hell  
David in LA : 1/17/2013 9:52 pm : link
we're not over by a significant amount, and there are some big names with high cap figures that have flat out been underperforming. We have a lot of wiggle room to work with to get under.
"utter cap hell"  
Ten Ton Hammer : 1/17/2013 11:08 pm : link
I don't think that term means what you think it means..
Giants will be fine  
Optimus-NY : 1/17/2013 11:21 pm : link
by cutting T2 alone, they'll get underneath that number. They'll re-structure Canty in all likelihood, and cut a couple of vets like Diehl (possibly Boley too). There's always the Bank of Eli as well.
At their current #s, TT, CWeb, DD, and prolly Boley are all gone  
BlueLou : 1/18/2013 1:44 am : link
IMO. All of them might be brought back under different arrangements. Not so sure about Canty or Rolle, who might be candidates for a re-structure if possible.

Despite Canty's high cap hit, he was a beast over 2 games when healthy. The trick will be monitoring his health this off-season. The Giants are thin at DT - I don't see Bernard in the picture anymore, and hve no clue about the huge lunk from Cleveland.
Webster should bounce back  
Tark10 : 1/18/2013 8:42 am : link
Webster will come back w/o a broken hand or injured hamstring. The entire secondary will improve if they can restore a once domineering pass rush. I say restructure Webster and keep him. He'll be fine next year. It sure is fun reading all these individual opinions.
Interesting debates for Reese  
SGMen : 1/18/2013 8:55 am : link
I predict many painful cuts for TC's last season
Tark - You can't really re-structure Webster since he's in the last  
Optimus-NY : 1/18/2013 9:04 am : link
year if his deal, unless you extended him and spread out his cap hit a few years down the line. That would mean that the Giants think that he can still play, and play well for a few more years (at least 2 or 3).

By doing that they'd be comfortable with him going forward, and chalking 2012 up to being nothing more than an aberration. Personally, I think Corey can still play. He's suffered from confidence issues in the past. Fewell's defense isn't exactly the best defense for him. Add to the fact that this year's FA class of CBs isn't anything to get excited about, and you've can make a strong argument that he stays.
SGMen - Tuck and Snee are guys who are nearing the end  
Optimus-NY : 1/18/2013 9:18 am : link
It wouldn't be a shock to see them both go. It's not completely out of the realm of possibility.

Tuck, will probably stay, but this year (the last of his contract) will most likely be his last with the Giants.

Snee's predicament is interesting: He's oft-injured, and is getting older. Pro-Bowl nomination aside, he's almost done. Will the combination of factors that (1) his contract is bloated (there are 2 years left on his deal), (2) that the OG position is thin as can be on the current roster, and (3) that he's TC's son-in-law affect how they view him going into 2013?

I think he should probably go, but those factors may make the Giants keep him, and hope he plays better for at least another year before they cut bait with him.
I'm a big fan of signing Vollmer, if  
JonC : 1/18/2013 10:23 am : link
the number isn't astronomical, and re-signing Beatty. That's a huge, athletic pair of bookends. Look at SF's OL, how they're able to dominate the LOS is tremendous.

Extending Webster and reducing his cap hit is likely, imo. B Walsh laid out the analysis, and I'd wager the team doesn't believe he's lost a step yet.

I highly doubt Tuck and Snee are as near to the end as many believe, that and they carry big time gravitas with the team's brass and owner. They're safe, but it's time to get fixed and healed up.
I wouldn't restructure Canty  
JonC : 1/18/2013 10:25 am : link
unless it has some tools that make it easier to release him if/when his knees give out.
Giants are not in cap hell by any stretch  
GIANTSr01 : 1/18/2013 10:38 am : link
if these numbers are correct. They are $4.7M over.

1. Cut TT - save $2.25M (now $2.45M over)
2. Cut Osi - save $1M (now $1.45M over)
3. Cut Boley - save $4.5M (now $3.05M under)
4. Cut Diehl - save $4.35M (now $7.4M under)

Other moves that could free up cap space:
1. Restructure Canty - current cap hit $8.2M in 2013
2. Extend CWebb for 1-2 seasons - current cap hit $9.975M
3. Extend Tuck for 1-2 seasons - current cap hit $5.65M
4. Restructure/extend Eli - current cap hit $20.85M (extension would provide an extra year to spread the new guaranteed money over and lock him up through 2016)
5. Restructure Rolle - current cap hit $9.25M

Numbers from Spotrac
r01  
JonC : 1/18/2013 10:40 am : link
A reasonable framework to implement.
Forgot Snee  
GIANTSr01 : 1/18/2013 10:42 am : link
According to Spotrac, he has a club option for 2014. They could reduce his $8.78M cap hit by guaranteeing some of his base this year and picking up the option year (preferably with a lower base salary in 2014 as well).
If the Giants were to save $1-2M  
GIANTSr01 : 1/18/2013 10:46 am : link
for each of those "optional" restructures/extensions I laid out (including Snee's), they'd have $13-19M in cap space to work with. If $5M of that is used for rookies, that leave $8-14M for resigning players and/or FAs.

That should be plenty of room for them to keep the guys they want and add a couple impact players.
Where does the misc bonus data come from?  
SwirlingEddie : 1/18/2013 10:57 am : link
News reports generally cover salary and signing bonus figures, but almost never go into details about various performance bonuses. Are players, agents, the NFL, teams or the NFLPA releasing these details or the contracts themselves?

I've always been somewhat suspicious of these salary cap stories for this reason. Are these details actually made public somewhere or are people just guessing?

Pat, can you help?
Most of the misc money  
GIANTSr01 : 1/18/2013 11:15 am : link
is things like Roster Bonuses and Workout Bonuses, which are usually specified on the Spotrac pages as well.

Most of the time "Restructure Bonuses" also seem to be included in the Misc column as well, though I've seen them occasionally listed in the Signing Bonus category.

The final piece of the Misc column is money earned through incentives, though I've only seen this on rare occasions.
I dont think  
ECham : 1/18/2013 11:16 am : link
you can restructure Eli or Snee as they restructured last year.
Good call on Snee  
GIANTSr01 : 1/18/2013 11:27 am : link
Though can the "restructure" be part of a contract extension?

I thought Eli restructured in March and thus his deal can again be restructured in March 2013?
Does the Redskins number include the $18 million ...  
Boy Cord : 1/18/2013 11:42 am : link
... penalty for 2013? My guess is it does, but just curious.
You can only restructure once every 12 months  
Ten Ton Hammer : 1/18/2013 1:04 pm : link
so, it depends on when Eli and Snee reworked their deals, but it was probably in the offseason last year so it could theoretically be done this offseason.
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