What are the salary cap implications if the Giants were to release Victor Cruz in the offseason?
Currently, Victor Cruz's salary for the current and next two years is:
2016 season $2,400,000
2017 season $6,400,000
2018 season $7,400,000
How much is saved, and what is the dead money if released?
He has a 9.4M cap hit in 2017, he's most certainly not playing at that number.
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Or taking a pay cut.
He's not worth a pay cut. He doesn't play specials. No reason to have him sitting on the bench. Time to move on. Great player in his prime sadly it was cut very short and we never got to see Odell and Cruz together
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He's definitely getting cut in the offseason.
He's not worth a pay cut. He doesn't play specials. No reason to have him sitting on the bench. Time to move on. Great player in his prime sadly it was cut very short and we never got to see Odell and Cruz together
Disagree. He's still making big plays (usually good for 1 a game) and rounding back into form. He won't ever be 2011 Vic, but at a reduced salary he can have a role on this team.
Agree cap space saved is the determining factor for most bubble decisions (like Cruz), but dead space adds up and while it's not the determining factor it's still a relevant number.
Yup.
Jennings
Harris
Casillas
JT
DRC (the only one listed I want to see back in '17)
Re-up with JPP, Hankins and Kennard. Maybe even extend Pugh and Richburg eventually. If we can get one dynamic LB or OL or TE or WR in FA, then we can adress the rest in the draft.
Jennings
Harris
Casillas
JT
DRC (the only one listed I want to see back in '17)
Re-up with JPP, Hankins and Kennard. Maybe even extend Pugh and Richburg eventually. If we can get one dynamic LB or OL or TE or WR in FA, then we can adress the rest in the draft.
He made his fame as a slot reciever, and I bet he can still do damage there, just without the YAC explosiveness of 2011. He can be like old Giants Steve Smith, catch the ball for a 1st down in the slot and then fall down.
They have him totally out of position.
Jennings
Harris
Casillas
JT
DRC (the only one listed I want to see back in '17)
Re-up with JPP, Hankins and Kennard. Maybe even extend Pugh and Richburg eventually. If we can get one dynamic LB or OL or TE or WR in FA, then we can adress the rest in the draft.
Harris and DRC both contribute and you wouldn't cut both LBs unless you can replace at equal or less cost (unlikely) or find an upgrade and pay for it with other cap space (more likely but need to look at FA list). I think youve proposed as such but FA doesn't always work out and it's important to note they do not have a current replacement on the roster as they do with Jennings, for instance.
$2.4M base.
100k roster bonus.
$3M in weekly bonuses every time he gets a game jersey.
Giants could save $187K per week towards next year's cap by deactivating Cruz right now. Cruz could make a big play this week but so might Tavarres King if he were given a shot.
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He's definitely getting cut in the offseason.
Or taking a pay cut.
I'd like to see what he can still do in the slot, his natural position, before we cut him.
A pay cut is most likely coming up after the season, but I wouldnt cut him. What if Sheppard is hurt? How nice would it be if on 4 WR sets, you have Cruz & Sheppard inside, OBJ and a decent #2 on the outside?
He started the season OK but has been mostly invisible the last few weeks.
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In comment 13252857 Danny Kanell said:
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He's definitely getting cut in the offseason.
He's not worth a pay cut. He doesn't play specials. No reason to have him sitting on the bench. Time to move on. Great player in his prime sadly it was cut very short and we never got to see Odell and Cruz together
Disagree. He's still making big plays (usually good for 1 a game) and rounding back into form. He won't ever be 2011 Vic, but at a reduced salary he can have a role on this team.
1 a game means you are a JAG and you don't pay that guy $8 mil. He's a slot receiver, and we have a better one now. Team will have priority free agents they will need that money for, and he should be gone. I hope he finds another home in which he can play slot for a team and excel.
Thanks
Thanks
He only collects what was guaranteed.
That is why a lot of players and media focus on the guarantees.
In Cruz's case, he has 1.9M pro-rated from his signing bonus remaining. Which is why from a cap standpoint his dead money is just the 1.9M, but from a cap standpoint all his salary is savings, and he gets none of it.
So if you sign a 5 year contract with a $10M signing bonus, then the player gets the $10M on signing, but only $2M per season counts against the cap. If that player is then cut after year 3, the team will have a $4M 'dead' money cap charge since they'll have 2 years worth of pro-rated bonuses that never counted against the cap. The player does not have to pay any money back though.
I would argue that dead space isn't relevant at all, going forward. It is incurred as soon as the contract is signed.
IMO, the relevant factors are: can the player produce? Can you replace the player production for a cheaper cost than the savings? Can you increase production if you go with a different player regardless of cost?
He's costing 1.9 mil against the cap regardless. it's too late to think about dead space - that was a decision made a couple years ago. What matters now is whether he's worth keeping on the roster at any salary + workout bonus + roster bonus. How much new money would you pay (money not already sunk into that hole) on top of that 1.9 mil? IMO, not much. minimum wage and maybe a little more, but that's a debate. the question today is whether he's worth the new money he'll cost. Dead Space doesn't mean squat for the decision on whether to keep him (there are scenarios where dead space would cost more in cap hit than savings, but that's not the situation with VC)
Yeah, it's a shame but I don't see the same player at all
I would argue that dead space isn't relevant at all, going forward. It is incurred as soon as the contract is signed.
IMO, the relevant factors are: can the player produce? Can you replace the player production for a cheaper cost than the savings? Can you increase production if you go with a different player regardless of cost?
He's costing 1.9 mil against the cap regardless. it's too late to think about dead space - that was a decision made a couple years ago. What matters now is whether he's worth keeping on the roster at any salary + workout bonus + roster bonus. How much new money would you pay (money not already sunk into that hole) on top of that 1.9 mil? IMO, not much. minimum wage and maybe a little more, but that's a debate. the question today is whether he's worth the new money he'll cost. Dead Space doesn't mean squat for the decision on whether to keep him (there are scenarios where dead space would cost more in cap hit than savings, but that's not the situation with VC)
It's only relevant from the standpoint of is it worth keeping the player or not.
Think of it this way.
If you have $10 to spend. You spend $7 on one guy. You have $3 left. If you cut the one guy you could save $2. Does that $5 give you enough to replace him.
because if you do cut him and use $5 on someone else you only had $7 spent on your roster, because $3 is dead.
So while I completely agree the cap saving is the more relevant factor, the dead space does get considered even as a sunk cost, because you cannot recoup it.
Plus there is the post June 1 cut designation that helps move the dead money and savings.
Steve Smith too.
We have awful luck at WR. We have to wrap Odell in a bubble wrap.
Pretty nice fit for us. Not the big man we all want but he's an outside burner
Pretty nice fit for us. Not the big man we all want but he's an outside burner
They need to get bigger and more physical on offense (WR/TE/OL).
No.