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For the CAP guys

Bleedin Blue : 3/12/2017 1:41 pm
I keep hearing we're cap strapped. Where do we stand right now , and if we finalize with JPP will it free up more money? I know we have to have some set aside for the rookies. Just curious to see where we stand. Thanks!!
There was a tweet that said we were just under $9 million  
robbieballs2003 : 3/12/2017 1:52 pm : link
But that does not include Ellison and Fluker. It depends on how their contracts are structured. We heard Fluker is 1 year for $3 million but sometimes there are other factors at play like is it worth UP TO $3 million with incentives or can he earn a little more with incentives?
JPP currently  
djstat : 3/12/2017 2:02 pm : link
counts $16.93 million against the cap. Let's say he signs an identical contract as Vernon did last year:

Signing Bonus: $20 Million
2017 Base Salary: $1.75 Million
2017 Roster Bonus: $7 Million
2017 Prorated Signing Bonus counted against cap: $4 Million

Then JPP's 2017 Cap number would be: $12.75 Million.

Saving about $4.18 Million against cap than JPP playing on the Tag
Thanks  
Bleedin Blue : 3/12/2017 2:31 pm : link
I'm guessing we have to get JPP squared away to make any more moves like re-signing Robinson, if they want to keep him and Hankins or his replacement.
We could also  
Cenotaph : 3/12/2017 2:33 pm : link
see a few guys released, like Thomas, Harris or even Vereen
RE: There was a tweet that said we were just under $9 million  
Big Blue Blogger : 3/12/2017 2:40 pm : link
robbieballs2003 said:
Quote:
But that does not include Ellison and Fluker. It depends on how their contracts are structured. We heard Fluker is 1 year for $3 million but sometimes there are other factors at play like is it worth UP TO $3 million with incentives or can he earn a little more with incentives?

Just to expand on that point, any individual incentives in Fluker's contract would almost certainly be classified as "likely to be earned" (LTBE), because he started all 16 games in 2016. That means his incentives would count against the 2017 cap. If he then failed to earn them, the Giants would receive a credit in 2018. Team incentives (for example, for winning the division), could be NLTBE, but are usually quite small.

My guess is that his contract isn't very incentive-heavy. His initial motivation is to lock in any non-guaranteed salary - and revive his NFL career - by making the team.
...  
BleedBlue : 3/12/2017 4:43 pm : link
extend JPP
Cut JT Thomas
Restructure Harris

We could pick up around 8 mill

With that we could probably get hank back and a RB or LB(Robinson). Also may be able to squeeze some OL depth if needed
Don't forget  
pjcas18 : 3/12/2017 4:47 pm : link
I think draft picks take up roughly $6M in cap space each year.

Pj  
Big Rick in FL : 3/12/2017 6:55 pm : link
We need like 3.5 million for the draft picks according to Jordan Raanan.
I thought we needed  
old man : 3/12/2017 8:43 pm : link
6m for picks and up to 3M for injury settlements?
I think its been that way the last 2 years, unless the CBA has a different formula for '17.
3.5 seems low for 7 picks, meaning averaging out at 500,000 per pick.
Though I'm happy they have about 3M more than I figured.
RE: I thought we needed  
shyster : 3/12/2017 9:41 pm : link
In comment 13390740 old man said:
Quote:
6m for picks and up to 3M for injury settlements?
I think its been that way the last 2 years, unless the CBA has a different formula for '17.
3.5 seems low for 7 picks, meaning averaging out at 500,000 per pick.
Though I'm happy they have about 3M more than I figured.



The explanation is that the rookie pool number is more than the net cap space required because each rookie displaces a player at the bottom of the cap calculation.

From Over the Cap

"The Rookie Pool is the total cost in cap dollars that a team needs to sign its rookies in the summer. The cap space required to do this is less than the rookie pool. This is because every draft pick signed will replace a player already counting against the cap. The effective cap space needed is equal to: Rookie Pool ($465,000 x number of picks)."

OTC indicates the NYG rookie pool number at 5.5M, which would put the net cap space number at about 3M. However, OTC shows NYG's fourth pick as forfeited altogether, rather than just displaced. When this is corrected, the pool number should be about $6M and the net space actually required about $3.5M, which is consistent with the Raanan estimate.
Link - ( New Window )
Raanan  
jeff57 : 3/13/2017 8:27 am : link
Counting the signing of D.J. Fluker, nobody currently has less salary cap space than #Giants. They have approximately $5M available vs. cap

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