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 Â
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?
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.
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.
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 )
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
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.
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
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.
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 )