Philadelphia has $54.7 million in dead cap this season?!?

But the chickens have come home to roost

Dead cap….

once they extend Hurts. All those fans who were calling him Roseman a genius as if he built a roster that would dominate for the next 5+ years. The Eagles went all in last season and restructured numerous contracts.

How long before we hear about Hurts being upset that he hasn't received an extension. Imagine your franchise hyping you up as the "real MVP" and then they go ahead and force you to play through the final year of your rookie 2nd round contract.

last year to win it all. Now they have to pay the piper. Sucks for them. Shitheads.

and build it right back up. Minimum down time

Got to pay that sooner or later.

In comment 16065092 BigBlue7 said:

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and build it right back up. Minimum down time

They know how to do that when other teams throw picks at them for their trash. I am hoping that their inability to trade Slay shows that ride is over.

in the past by converting base salary from that season into signing bonus money that gets spread to future years (or void years) aka kicking the can down the road.



they are currently continuing to kick money down the road to future years with darius slay being designated a june 1 cut, and likely restructures of their other remaining expensive players like lane johnson. those will be the names on next year's dead $ list.

continuing the cycle of manipulating the cap despite dead money is doable, it's rumored they are about to extend cjg, but you will eventually start losing players like they have already with hargrave, edwards, slay, and white. paying hurts will make it even harder.

they are going to get 4 comp picks this year so they are going to have to start drafting really well to backfill. if they dont or if hurts ends up tanking that's when the music will stop, things will get bad enough for some level of regime change, and a new cycle will begin.

In comment 16065101 Eric on Li said:

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in the past by converting base salary from that season into signing bonus money that gets spread to future years (or void years) aka kicking the can down the road. they are going to get 4 comp picks this year so they are going to have to start drafting really well to backfill. if they dont or if hurts ends up tanking that's when the music will stop, things will get bad enough for some level of regime change, and a new cycle will begin.

And I would argue drafting is not their strong suit. They are much better at trades and free agency. Their drafting is average.

really need to hit on these next two draft picks. You think they are in bad shape this year in cap... Next year is going to be even worse. They won't be the same team as they are losing big time players. Slay was a stud for them, 11 sack DT gone, Cox gone, Best LB gone, etc

They continuously invest effectively in both fronts. This used to be the Giants way of doing business when Young came in up until about 2010.

It's not a coincidence that they have had our number. Same with Dallas.

I think they made a good bet to go for it. Look at how close they got.

Increase when the Darius Slay is released today. LOL. They’ll probably still be the NFC East favorite though.

the Quarterbacks making more than Jalen Hurts for the 2023 season:
Taylor Heinicke
Mike White
Andy Dalton
Jarrett Stidham
Sam Darnold
Baker Mayfield
Jimmy Garoppolo
Zach Wilson
Trey Lance
Jameis Winston
Mac Jones
Mitchell Trubisky
Tyrod Taylor
Colt McCoy
Drew Lock
Casey Keenum
Teddy Bridgwater

...been able to pull it off because they've pushed money on guys that have had long, healthy and productive careers for them - which in a lot of ways is blind luck.

They're adding another $22M (to save $3.7M) in dead cap now that they're cutting Slay sp that number will go to $77M assuming they don't designate post 6/1

In comment 16065112 Lines of Scrimmage said:

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I think they made a good bet to go for it. Look at how close they got.

That's true. They were right on the brink of winning the big prize.

Look, the key is Hurts. If he's truly an elite, franchise QB - a force multiplier - than Philly should be in decent shape to stay very competitive.

But that's still a very big TBD, IMV. I'd still be very cautious handing him big dollars. Just as much as 2022 could be the start of something great for Hurts, it could also be a one-hit wonder season...

...luck in terms of guys staying healthy and not flaming out.

good coach, excellent QB, excellent WRs, excellent o-line. they have 2 first round picks this year. they will figure out a way to keep that offense in tact with the cap.

with that offense they will be a super bowl contender for years

Chauncey Gardner Johnson according to their beat reporters. It is like they have this immovable object but always move it somehow

In comment 16065133 Ryan said:

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...luck in terms of guys staying healthy and not flaming out.

It certainly helped them. Graham '11, Kelce '12, Johnson '13 and Cox '12.

The Eagles are up against it.

Of their top 18 players only three can be dropped to save money against the CAP. Most have been extended at least once or have back loaded contracts.
One is Slay and the other Hurts. Watkins is the third.

Their four highest salary CAP players are
Kelce, Graham, Johnston, and Slay with the youngest Slay at 32.

That is amazing in itself but the Eagles only have $44,123,864 in CAP space for next year.

If the Eagles resign Hurts to a new contract they will be digging a deeper hole.



Link - ( New Window )

They are a very old team. They have been successful because they drafted well and got a lot of mileage from late round picks. But if you look at some of the more recent drafts it’s not that great. Jalen Hurts is getting paid peanuts this season. If they extend him it will be to give him money now to keep him happy but his cap number will be low for a few seasons.

Their dead cap will go up by $8 mil tomorrow when they cut Slay.

Their top players are old, I’m thinking they are going to be in major decline as a team the next few seasons. I hope they sign Hurts this season because he won’t have the same type of season next year.

Lane Johnson 33 on the books for 6 more years
Kelce 36 on the books for 5 years
Graham 35 on the books for 5 more years

These guys already have a lot of built in dead cap with void years. They just did it with Bradberry.

They may actually have to trade one of their 1st round picks because they can’t afford it. They went for it this season and now they are going to pay the price. They will not be close to where they were talent wise this season.

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$54mm. That’s the handicap under which the whole team operated.

Thanks Dave.

You can't lose your Starting OG, an OT that played for you, Starting RB, Both starting DTs (that is an incredible 18 sacks from the DT position), your best LB, Another good LB, your pro bowl CB, Your starting FS... who have they added that wasn't on last years team?

and swallowing the whole operation, this is as good as it gets.

Their dirtbag fans deserve nothing less.

Is that they’re paying dead cap and actual cap for bradberry

Last year.

In comment 16065182 cosmicj said:

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$54mm. That’s the handicap under which the whole team operated. Thanks Dave.

Thats the point they will have to strip the team down and start over

will still make them dangerous, but as the OL weakens, I don't see Hurts being nearly as effective. His stats when rushed aren't great and that will only get worse.

In comment 16065446 Dave on the UWS said:

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will still make them dangerous, but as the OL weakens, I don't see Hurts being nearly as effective. His stats when rushed aren't great and that will only get worse.

unfortunately, this is true. They will be in many games because their offense can be unstoppable at times.

How exactly are the next 4 years 21, 22, 23 and 24? Did you time travel? And if you're talking about the real next 4 years: 23, 24, 25 and 26, no one can possibly know how much dead cap there is in 25 and 26 since it depends on who gets cut in 24 and 25.

In comment 16065082 Peter from NH (formerly CT) said:

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Dead cap….

too bad

For comp picks, they pencil in down years where they let FAs walk and do not sign any of their own.

They also sign shorter contracts so guys will play out the contract. In contrast, Giants are forever signing guys to longer contracts so they can spread the signing bonus over more years. But then guys wind up getting cut rather than playing out their contracts.

it looks really bad in low inflationary times, and much less so in higher ones.

The cap is currently projected to be $260MM according to the linked article.

Here's a question - when does the NFL cap hit $200MM? When will it hit $300MM? There are some new revenue streams coming and one thing the commish is good at is raising revenues.

That's why I'm not so sure the smarter idea isn't to leverage future discounted dollars today.
Cap inflation - the athletic - ( New Window )