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Bigger salary cap increase than expected

Eric on Li : 2/23/2024 12:51 pm
OTC had projected a 242m cap, so this is +13m per team.

Judy Battista
@judybattista
·
Massive $30 million leap in the salary cap to $255.4 million per team is unprecedented jump; came as a result of the full repayment of money advanced to the teams and deferred by players during the pandemic, plus huge increase in media revenue, the league announced.
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@JS  
JonC : 2/23/2024 12:53 pm : link
This is not a release valve to restructure Jones. Thanks in advance.
RE: @JS  
Eric on Li : 2/23/2024 12:59 pm : link
In comment 16406184 JonC said:
Quote:
This is not a release valve to restructure Jones. Thanks in advance.


more likely it gives them less incentive. should give them plenty of room to target whichever 1-2 players from FA they want.

the top of the FA market is likely to be eye popping expensive though.

seems like a very good thing they got lawrence and thomas done ahead of this FA period.
Lance Medow was  
Toth029 : 2/23/2024 1:12 pm : link
Mentioned this on their video I watched this morning.

It might allow them to give more to Barkley than originally planned. Me, personally, hope they move on.

I'd still restructure Andrew Thomas and Dexter Lawrence if need be, and perhaps Bobby Okereke, too.
Might help the cowboys sign Barkley  
The_Boss : 2/23/2024 1:19 pm : link
And dump more cash into Dak.

🤞
RE: RE: @JS  
JonC : 2/23/2024 1:21 pm : link
In comment 16406192 Eric on Li said:
Quote:
In comment 16406184 JonC said:


Quote:


This is not a release valve to restructure Jones. Thanks in advance.



more likely it gives them less incentive. should give them plenty of room to target whichever 1-2 players from FA they want.

the top of the FA market is likely to be eye popping expensive though.

seems like a very good thing they got lawrence and thomas done ahead of this FA period.


Let's hope so, we've seen enough of doubling down on pivotal decisions here. I'm typically not gung ho on UFA spending until a roster is ready to fill key holes.

X yes  
AROCK1000 : 2/23/2024 1:24 pm : link
all others...hard line or NO
$13 million  
ajr2456 : 2/23/2024 1:26 pm : link
Can get a pretty solid player in FA
All that gambling money is helping the NFL.  
ZogZerg : 2/23/2024 1:27 pm : link
Prices just went up for the UFAs...
RE: X yes  
Joe Beckwith : 2/23/2024 1:28 pm : link
In comment 16406230 AROCK1000 said:
Quote:
all others...hard line or NO

More likely gives other teams more also to ‘respect’ X.
otc updated their calculator with new cap - giants have $38.5m  
Eric on Li : 2/23/2024 1:28 pm : link
after the 1 move of cutting glowinski.



so they have a ton of money available even with the jones deal, and waller at $14m, and before restructuring thomas/lawrence.

also notable 2025/2026 also have a ton of money available even with Jones non-guaranteed 3rd/4th years currently on the cap.
RE: $13 million  
Eric on Li : 2/23/2024 1:31 pm : link
In comment 16406231 ajr2456 said:
Quote:
Can get a pretty solid player in FA


everyone got the same $13m.

$13m*32 teams = $416m more that will go to players.

but there arent more good players.

the good players are just going to get paid more (inflation).

and worse, id imagine we see more good players get tagged because the tag prices are reflective of prior contracts. so the market may be tighter with fewer good players, and more teams bidding lots of money (bidding wars).
Yea everyone got it, but that doesn’t  
ajr2456 : 2/23/2024 1:34 pm : link
Mean everyone will be able to spend it in the same way
shameless plug here's the link to my post w/ a 3 year cap outlook  
Eric on Li : 2/23/2024 1:39 pm : link
i knew OTC's prior cap estimate was low so I based off $250m but turns out i was still too low.



honestly the extra money in the market is in some ways a negative for the giants at the higher end of things. a premium OL is probably going to be crazy expensive now even at guard. the top free agents are going to come with extreme sticker shock i think.

i think using tags on either of barkley/mckinney may end up more likely now. probably will make waller more tradeable carrying just a $10m salary.

for smart teams who are more prudent they will be able to sign more quality depth players if they wait out the market. unless the market ends up thinner than expected.
https://thecontractdispute.substack.com/p/how-the-25-salary-cap-impacts-24 - ( New Window )
The OP can't wait for them to spend it on Jones or Saquon  
ThomasG : 2/23/2024 1:41 pm : link
to help substantiate those fabulous valuations.

Hell, maybe both can get a piece.
Bad news...  
Chris in Philly : 2/23/2024 1:44 pm : link
for anyone who really hates Goodell. He's Commish for life...
RE: Yea everyone got it, but that doesn’t  
Eric on Li : 2/23/2024 1:45 pm : link
In comment 16406245 ajr2456 said:
Quote:
Mean everyone will be able to spend it in the same way


this is circular logic, however they spend it they are spending more money. even the few teams who are in the infamous "cap hell" werent going to be big spenders any way, but now they dont need to cut as many people to get under, which will make the market shallower.

there are already 8 teams with TWICE as much cap space as the giants.

17 teams have almost the same amount the giants have under the cap right now.

and that is all before the veteran bloodletting that usually takes place right before free agency with players like glowinski. there will be plenty of spenders with probably fewer good players on market bc of tags/fewer cuts.


I am good with adding  
Lines of Scrimmage : 2/23/2024 1:46 pm : link
a expensive FA if they play to what you are paying them and have years of good play ahead of them.

Solid point about the tags maybe coming into play more.

Not so sure SB will be as willing this time to play on the FT but it's a TBD. Disappointed JS didn't have a better RB on the roster ready to step in and I wonder if that influences what he does.
So, I wonder if this increase the likelihood of Giants  
ZogZerg : 2/23/2024 1:47 pm : link
Tagging X.
His price went up, but the tag didn't.
RE: Bad news...  
SirLoinOfBeef : 2/23/2024 1:49 pm : link
In comment 16406264 Chris in Philly said:
Quote:
for anyone who really hates Goodell. He's Commish for life...


And if he dies before retiring they'll hire the same type of commisioner.

No going back.


I hope this means that we re-sign McKinney  
Ira : 2/23/2024 1:51 pm : link
.
RE: I am good with adding  
Gatorade Dunk : 2/23/2024 1:55 pm : link
In comment 16406268 Lines of Scrimmage said:
Quote:
Not so sure SB will be as willing this time to play on the FT but it's a TBD. Disappointed JS didn't have a better RB on the roster ready to step in and I wonder if that influences what he does.

I think the RB situation is a pretty interesting example of the way that certain roster decisions have a cascading effect. To your point about having a better RB waiting in the wings already, I think Schoen and Daboll hoped to do exactly what you're suggesting when they drafted Gray last year. But the punt return shitshow (and keeping Shepard over Crowder) last year may have not only damaged Gray's self-confidence, but also Daboll's willingness to give him RB reps.

Fortunately, RB is a position that tends to have very little (if any) learning/development curve going from college to the NFL, so the bigger issue here (IMO) is the potential uncertainty at the position, but not necessarily a development lag, because a rookie RB should be able to be productive, given the right talent/skills (and of course, the blocking).
Is Thibs'  
Pete in MD : 2/23/2024 1:55 pm : link
name a registered trademark?
RE: RE: Yea everyone got it, but that doesn’t  
ajr2456 : 2/23/2024 1:55 pm : link
In comment 16406266 Eric on Li said:
Quote:

this is circular logic, however they spend it they are spending more money. even the few teams who are in the infamous "cap hell" werent going to be big spenders any way, but now they dont need to cut as many people to get under, which will make the market shallower.

there are already 8 teams with TWICE as much cap space as the giants.

17 teams have almost the same amount the giants have under the cap right now.

and that is all before the veteran bloodletting that usually takes place right before free agency with players like glowinski. there will be plenty of spenders with probably fewer good players on market bc of tags/fewer cuts.



Not really. Some teams will use that extra $13 million bump on extensions and not on guys whose contracts are up or in the free agent market.

Guys like Tua, Lawrence, Jefferson, Chase are going to be looking for more on their extensions than previously with the bump. That extra $13 million might not even make it to the free agent market for some teams.
RE: RE: RE: @JS  
Victor in CT : 2/23/2024 2:06 pm : link
In comment 16406225 JonC said:
Quote:
In comment 16406192 Eric on Li said:


Quote:


In comment 16406184 JonC said:


Quote:


This is not a release valve to restructure Jones. Thanks in advance.



more likely it gives them less incentive. should give them plenty of room to target whichever 1-2 players from FA they want.

the top of the FA market is likely to be eye popping expensive though.

seems like a very good thing they got lawrence and thomas done ahead of this FA period.



Let's hope so, we've seen enough of doubling down on pivotal decisions here. I'm typically not gung ho on UFA spending until a roster is ready to fill key holes.


agree completely
RE: RE: RE: Yea everyone got it, but that doesn’t  
Eric on Li : 2/23/2024 2:12 pm : link
In comment 16406286 ajr2456 said:
Quote:
In comment 16406266 Eric on Li said:


Quote:



this is circular logic, however they spend it they are spending more money. even the few teams who are in the infamous "cap hell" werent going to be big spenders any way, but now they dont need to cut as many people to get under, which will make the market shallower.

there are already 8 teams with TWICE as much cap space as the giants.

17 teams have almost the same amount the giants have under the cap right now.

and that is all before the veteran bloodletting that usually takes place right before free agency with players like glowinski. there will be plenty of spenders with probably fewer good players on market bc of tags/fewer cuts.





Not really. Some teams will use that extra $13 million bump on extensions and not on guys whose contracts are up or in the free agent market.

Guys like Tua, Lawrence, Jefferson, Chase are going to be looking for more on their extensions than previously with the bump. That extra $13 million might not even make it to the free agent market for some teams.


which genius agent is rushing to extend early right now, 3 weeks before a whole bunch of fresh inflated comps hit the marketplace with lesser players?

the only way there's not a feeding frenzy with this much leaguewide open cap space is if all the good free agents get tagged now and there's nothing good to spend on. though i guess if teams use transition tags, that could add to the feeding frenzy since the buying teams need to make the contract unattractive enough for the previous team not to match.

last year 6 players got tagged i think in total. in 2022 i think it was 8. id take the over on both this year and i think it could end up being double because i think half the league has enough room that it may be worth using 1 of the tags on whoever their best FA is.

Re-sign McKinney and sign a top FA OL  
Rjanyg : 2/23/2024 2:19 pm : link
This has to be the first order of business for NYG.
RE: RE: RE: RE: Yea everyone got it, but that doesn’t  
Gatorade Dunk : 2/23/2024 2:46 pm : link
In comment 16406308 Eric on Li said:
Quote:
In comment 16406286 ajr2456 said:


Quote:


In comment 16406266 Eric on Li said:


Quote:



this is circular logic, however they spend it they are spending more money. even the few teams who are in the infamous "cap hell" werent going to be big spenders any way, but now they dont need to cut as many people to get under, which will make the market shallower.

there are already 8 teams with TWICE as much cap space as the giants.

17 teams have almost the same amount the giants have under the cap right now.

and that is all before the veteran bloodletting that usually takes place right before free agency with players like glowinski. there will be plenty of spenders with probably fewer good players on market bc of tags/fewer cuts.





Not really. Some teams will use that extra $13 million bump on extensions and not on guys whose contracts are up or in the free agent market.

Guys like Tua, Lawrence, Jefferson, Chase are going to be looking for more on their extensions than previously with the bump. That extra $13 million might not even make it to the free agent market for some teams.



which genius agent is rushing to extend early right now, 3 weeks before a whole bunch of fresh inflated comps hit the marketplace with lesser players?

the only way there's not a feeding frenzy with this much leaguewide open cap space is if all the good free agents get tagged now and there's nothing good to spend on. though i guess if teams use transition tags, that could add to the feeding frenzy since the buying teams need to make the contract unattractive enough for the previous team not to match.

last year 6 players got tagged i think in total. in 2022 i think it was 8. id take the over on both this year and i think it could end up being double because i think half the league has enough room that it may be worth using 1 of the tags on whoever their best FA is.

Who are the fresh inflated comps coming in for the elite QBs and WRs that AJR mentioned?

It's probably ok to just say, "you know what, that's a specific instance that I wasn't thinking of when I brushed off your post earlier."

The guys AJR mentioned were never hitting free agency, so they're not depleting the expected FA pool. But they will get larger contracts because of the cap increase, which is what I think AJR was pointing out.
RE: RE: RE: RE: Yea everyone got it, but that doesn’t  
ajr2456 : 2/23/2024 2:47 pm : link
In comment 16406308 Eric on Li said:
Quote:


which genius agent is rushing to extend early right now, 3 weeks before a whole bunch of fresh inflated comps hit the marketplace with lesser players?

the only way there's not a feeding frenzy with this much leaguewide open cap space is if all the good free agents get tagged now and there's nothing good to spend on. though i guess if teams use transition tags, that could add to the feeding frenzy since the buying teams need to make the contract unattractive enough for the previous team not to match.

last year 6 players got tagged i think in total. in 2022 i think it was 8. id take the over on both this year and i think it could end up being double because i think half the league has enough room that it may be worth using 1 of the tags on whoever their best FA is.


What? What FA wide receiver is going to set Jamar Chase’s market?

The agents that are smart enough to know that this jump was from money kept in reserves from COVID and probably isn’t happening again next year will get their extensions done sooner rather than later and get a piece of that extra money while it’s still available.
RE: Might help the cowboys sign Barkley  
fanatic II : 2/23/2024 2:47 pm : link
In comment 16406219 The_Boss said:
Quote:
And dump more cash into Dak.

🤞


Just to let everyone know, Dallas has said they are not signing any free agent RBs.

They believe that they could draft a running back and go with the likes of Rico Dwodle and Malik Davis at the running back spot. Along with Deuce Vaughn and Hunter Lufkin. Tony Pollard will not be resigned.

The very last position Dallas will invest any free agent dollars is running back.

NFL business is booming  
Sean : 2/23/2024 3:03 pm : link
Despite what people on BBI may say. Yeah, the NBA isn't overtaking the NFL. Laugh out loud funny that take was back in 2017.
AJR & Dunk  
Eric on Li : 2/23/2024 3:14 pm : link
the 8th highest paid WR in the NFL right now by total contract value is Christian Kirk from 2022 FA. Even 2 years later, his $37m guarantee is 9th highest so his contract isnt even artificially high - and at the time it was signed it was even higher because several of the contracts ahead of him on this list were signed after he signed in JAX and even though he is a lesser player his deal likely drove a lot of these signed since higher. Godwin got his extension off a franchise tag after the kirk deal in 2022, mike williams got extended last year after playing on the tag in 2022.

Tee Higgins, Michael Pittman, Marqise Brown, Calvin Ridley are scheduled to hit FA and if they get there they are likely going to be looking for deals (and specifically guaranteed $) that would place them in the top 3-5 on this list. any who get tagged will be negotiating with $22m guaranteed already in their pockets. Mike Evans is also due to hit FA and while he's older, he could easily pick up the biggest guarantee even on a shorter term deal. brad spielberger projects 23m*3 years with 52.5m guaranteed - which would tie him with tyreek hill for 2nd biggest guarantee behind AJB. and that projection was before today's news.



everyone knows whatever day jefferson signs his contract he goes to #1 on this list. that has been true since before this past season when they were allegedly close to a deal. the reason he hasnt signed that deal yet is because he likely isnt looking to just be the first player on this list but waiting to get the most he can. bigger than expected cap increases arent going to make any contracts smaller. aaron donald wasnt just the highest paid DT by a little bit. the best of the best make the argument that they are worth more than just their position comps and they will do it inflation adjusted. if age 30 mike evans gets his 52.5m gtd what do you think age 24 jj fairly deserves on what will be a longer deal? 75m? 90m? 100m? deshaun watson didnt need a comp to get 100% of his contract guaranteed just the demand.
So where are al the...  
4xchamps : 2/23/2024 3:16 pm : link
"I'm not watching the NFL anymore because f all of the politics" people now?!?!

The league continues t grow no matter what it does right or wrong.
Seven teams currently have to make some moves  
Pepe LePugh : 2/23/2024 3:16 pm : link
just to get under the cap by the 3/13 deadline. Dolphins, Saints, and Bills have to shed about $40M each. Chargers over $20 M. Lotta restructuring and such, and still won’t be serious competitors in the FA market, including their own guys.
Doesn't this help  
pjcas18 : 2/23/2024 3:20 pm : link
all teams as much as it helped the Giants?

In other words, all the teams cap space increased $13M so it doesn't give them any new advantage to sign FA's, right?
RE: So where are al the...  
Gatorade Dunk : 2/23/2024 3:20 pm : link
In comment 16406375 4xchamps said:
Quote:
"I'm not watching the NFL anymore because f all of the politics" people now?!?!

The league continues t grow no matter what it does right or wrong.

Bye.
RE: Doesn't this help  
Eric on Li : 2/23/2024 3:25 pm : link
In comment 16406380 pjcas18 said:
Quote:
all teams as much as it helped the Giants?

In other words, all the teams cap space increased $13M so it doesn't give them any new advantage to sign FA's, right?


correct. it is great news for the players, for the teams it's going to be the same mixed bag spending $ always is. smart teams will do smart things, dumb teams will do dumb things.
RE: AJR & Dunk  
Gatorade Dunk : 2/23/2024 3:26 pm : link
In comment 16406373 Eric on Li said:
Quote:
the 8th highest paid WR in the NFL right now by total contract value is Christian Kirk from 2022 FA. Even 2 years later, his $37m guarantee is 9th highest so his contract isnt even artificially high - and at the time it was signed it was even higher because several of the contracts ahead of him on this list were signed after he signed in JAX and even though he is a lesser player his deal likely drove a lot of these signed since higher. Godwin got his extension off a franchise tag after the kirk deal in 2022, mike williams got extended last year after playing on the tag in 2022.

Tee Higgins, Michael Pittman, Marqise Brown, Calvin Ridley are scheduled to hit FA and if they get there they are likely going to be looking for deals (and specifically guaranteed $) that would place them in the top 3-5 on this list. any who get tagged will be negotiating with $22m guaranteed already in their pockets. Mike Evans is also due to hit FA and while he's older, he could easily pick up the biggest guarantee even on a shorter term deal. brad spielberger projects 23m*3 years with 52.5m guaranteed - which would tie him with tyreek hill for 2nd biggest guarantee behind AJB. and that projection was before today's news.



everyone knows whatever day jefferson signs his contract he goes to #1 on this list. that has been true since before this past season when they were allegedly close to a deal. the reason he hasnt signed that deal yet is because he likely isnt looking to just be the first player on this list but waiting to get the most he can. bigger than expected cap increases arent going to make any contracts smaller. aaron donald wasnt just the highest paid DT by a little bit. the best of the best make the argument that they are worth more than just their position comps and they will do it inflation adjusted. if age 30 mike evans gets his 52.5m gtd what do you think age 24 jj fairly deserves on what will be a longer deal? 75m? 90m? 100m? deshaun watson didnt need a comp to get 100% of his contract guaranteed just the demand.

You and I could probably both shorten our posts, so I say this with all the self-awareness I can muster that I often do the same thing that you're doing here, talking yourself in circles rather than walking back a particular scenario that you glossed over.

It might have been easier to just acknowledge that Tua, Lawrence, Jefferson, Chase are good examples of players that will now absorb a large chunk of their team's share of the cap increase without having any impact to the actual FA market because they were never going to hit free agency anyway.
I think the Giants bring back Barkley  
Milton : 2/23/2024 3:28 pm : link
But not McKinney (unless it's on the tag). And I think they aggressively pursue an A-list OL free agent (assuming there is one out there). If they do nothing else of import in free agency, they need to come out of it with a starting quality OL who is still firmly in his prime (preferably OG, because they're cheaper).

McKinney is just a jerk, which is a shame. As for Barkley, I think they should let him test free agency. And I'm guessing he will find it as disappointing as Elliott and Cook found it. He is good, but not great (not anymore) and nobody is shelling out money for a merely good RB with a questionable injury history. I see him coming back to the Giants on a 3-or 4-year face saving deal that looks more generous (and more longer term) than it actually is.
You’re not looking at it correctly  
ajr2456 : 2/23/2024 3:28 pm : link
The players you’re using aren’t comparable to the Chase situation. Mike Evans contract at 30 years old isn’t having an impact on the guarantees for Jamar Chase.

Chase and his team already have a number in mind, and that signing bonus number has likely gone up with the extra $13 million in cap space. Whether Chase signs first is irrelevant, because Cincinatti will need to keep some of that money in reserve for when Chase does sign his extension. They already have their number in reserve out of their cap space, or however they’ll create cap space.
RE: You’re not looking at it correctly  
Eric on Li : 2/23/2024 3:42 pm : link
In comment 16406388 ajr2456 said:
Quote:
The players you’re using aren’t comparable to the Chase situation. Mike Evans contract at 30 years old isn’t having an impact on the guarantees for Jamar Chase.

Chase and his team already have a number in mind, and that signing bonus number has likely gone up with the extra $13 million in cap space. Whether Chase signs first is irrelevant, because Cincinatti will need to keep some of that money in reserve for when Chase does sign his extension. They already have their number in reserve out of their cap space, or however they’ll create cap space.


i think we have wires crossed, where did i say anything that contradicts that?

i agree functionally when players sign their extensions is all different and just personal preference. some take it all the way to the tag like obj did, some sign earlier bc they want security. i agree with you the elite players have their numbers and if the cap goes up those numbers go up. thats why i made the comment that i dont see any of them rushing to sign extensions on a day when the cap just shot up by more then expected. if anything it's more likely more of them do what jefferson did and just keep waiting knowing the number could just continue going higher in future years as whatever FA contracts like evans, kirk, etc push tag values higher.
I can see this helping teams with tagging  
UConn4523 : 2/23/2024 3:47 pm : link
really sucks for those players that do
You’re talking in circles  
ajr2456 : 2/23/2024 3:49 pm : link
Who is signing a contract that changes Chase’s guarantees? The only person would be Jefferson.

Regardless that’s irrelevant. You said every team is getting the extra money in free agency and that’s simply not true.

The Bengals, Vikings and Dolphins aren’t going to be able to spend all $13 million of the extra money because they’ll have to keep more aside to get extensions done this offseason, if that’s part of their plan.

So not every team is getting the opportunity of spending an extra $13 million in free agency. Whether more or less players hit the market is irrelevant to that point. Some teams may use that extra $13 million resigning their own free agents, which means they can’t spend it in the actual free agent market.
RE: Doesn't this help  
Beer Man : 2/23/2024 4:17 pm : link
In comment 16406380 pjcas18 said:
Quote:
all teams as much as it helped the Giants?

In other words, all the teams cap space increased $13M so it doesn't give them any new advantage to sign FA's, right?
Will be interesting to see. Could be like economics where throwing more money into a system does more to increase everyone's costs than anything else.
RE: You’re talking in circles  
Eric on Li : 2/23/2024 4:26 pm : link
In comment 16406412 ajr2456 said:
Quote:
Who is signing a contract that changes Chase’s guarantees? The only person would be Jefferson.

Regardless that’s irrelevant. You said every team is getting the extra money in free agency and that’s simply not true.

The Bengals, Vikings and Dolphins aren’t going to be able to spend all $13 million of the extra money because they’ll have to keep more aside to get extensions done this offseason, if that’s part of their plan.

So not every team is getting the opportunity of spending an extra $13 million in free agency. Whether more or less players hit the market is irrelevant to that point. Some teams may use that extra $13 million resigning their own free agents, which means they can’t spend it in the actual free agent market.


im talking in circles because i think ive lost whatever your plot was?

you said $13m can get a good player in FA.
i said "every team is getting the same $13m".
you said not every team will spend it the same way, which is plainly true, but im confused by what you think that means?

as ive pointed out some teams will use that money by not cutting someone they may have had to otherwise, or tagging a player they may not have, or signing a free agent. some could use the money for extensions but i dont see any agents of players under contract rushing to extend now ahead of what could be a very pro-players FA cycle.

i see all roads lead to players getting more $ and a market moving upwards. the only teams i see this benefitting are teams that already control players rights at prior cost levels that they want to keep (and now have more flexibility to do so).
Hopefully  
AZ Blue : 2/23/2024 4:40 pm : link
this gives the Giants a little more to give X, even if it’s a slight overpay. I say hopefully because I really do t understand the cap
RE: Hopefully  
Milton : 2/23/2024 5:05 pm : link
In comment 16406464 AZ Blue said:
Quote:
this gives the Giants a little more to give X, even if it’s a slight overpay. I say hopefully because I really do t understand the cap
They can afford him if they want to even with an overpay, but the guy's a jerk and he just doesn't get it. It would be a shame to let him walk for nothing, because he is young and talented, but the ship may have already sailed on getting something more than a 2025 comp pick in return and even that's a long shot because I anticipate the Giants being active in free agency.

The transition tag is an intriguing option because it gives him all the freedom of free agency, but doesn't leave the Giants completely without leverage. The Giants could "demand" some form of compensation from the team that signs him in return for not matching the offer, likely no more than a 6th or 7th round pick. It sounds like a bluff, but I think it's happened before, I just can't remember the player's name. And there was a somewhat similar situation when the Patriots added a 7th round pick into the mix in a 2007 trade for a restricted free agent, Wes Welker, who had been tendered at the 2nd round value (in other words, they gave up 2nd and 7th round picks and signed Welker to the contract they could've signed him to as an RFA at the cost of only their 2nd round pick).
RE: RE: You’re talking in circles  
ajr2456 : 2/23/2024 5:23 pm : link
In comment 16406450 Eric on Li said:
Quote:


im talking in circles because i think ive lost whatever your plot was?

you said $13m can get a good player in FA.
i said "every team is getting the same $13m".
you said not every team will spend it the same way, which is plainly true, but im confused by what you think that means?

as ive pointed out some teams will use that money by not cutting someone they may have had to otherwise, or tagging a player they may not have, or signing a free agent. some could use the money for extensions but i dont see any agents of players under contract rushing to extend now ahead of what could be a very pro-players FA cycle.

i see all roads lead to players getting more $ and a market moving upwards. the only teams i see this benefitting are teams that already control players rights at prior cost levels that they want to keep (and now have more flexibility to do so).


The condescending nature of your posts gets really old, especially when it’s you who have lost the plot and missed the point. I feel like I’ve explained it pretty clearly.

“Not spending it the same way” means exactly what it says. $13 million can get a good player is referring to the FA market. Not every teams extra $13 million is going to see the free agent market when trying to sign players from other teams. Of course it helps teams keep guys from hitting free agency, but that’s not really relevant. There will be players on the free agent market, and having an extra $13 million is a benefit to the Giants since outside of McKinney they don’t have too many internal pieces they need to resign. Other teams do and may have extensions in the works.

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some could use the money for extensions but i dont see any agents of players under contract rushing to extend now ahead of what could be a very pro-players FA cycle.


Why is it rushing to extend if they’re going to extend within the next few months anyway? Whether they extend now or in May it’s irrelevant because teams will have to have the money in reserves to make that extension. That takes some of the extra money out of the free agent pool. It being a pro player FA cycle has nothing to do with the players I mentioned, it has zero effect. Those players are already going to be highly compensated and there is extra money sitting there NOW, not in 6 months or a year. The cap is going to up again next year, but likely not comparable to this year because this is due to extra covid reserves being dispersed. If Chase is going to get $150 million in guarantees in 6 months, what agent wouldn’t push for $170 million in guarantees now, when the money is available? That extra $13 million isn’t going to sit around forever. Agents know they can get it now and teams with these players will have to keep it in reserves until the deal is signed, keeping it out of the free agent pool.

Chase could essentially sign the same deal he would have gotten further down the road right now instead of 6 months to a year later because of this extra money. What smart agent wouldn’t want their player to get the upfront signing bonus a year earlier if the numbers are the same. Time value of money is a thing.
RE: RE: RE: You’re talking in circles  
Eric on Li : 2/23/2024 5:51 pm : link
In comment 16406492 ajr2456 said:
Quote:
there is extra money sitting there NOW, not in 6 months or a year. The cap is going to up again next year, but likely not comparable to this year because this is due to extra covid reserves being dispersed. If Chase is going to get $150 million in guarantees in 6 months, what agent wouldn’t push for $170 million in guarantees now, when the money is available? That extra $13 million isn’t going to sit around forever. Agents know they can get it now and teams with these players will have to keep it in reserves until the deal is signed, keeping it out of the free agent pool.


you think teams are just going to cave and go from 150m in guarantees now to 170m because "money is available" now but wont be in 6 months for elite players?

i assume you are just spitballing numbers there so dont take this as me nitpicking your post, ill just condescend a little to say your scenario doesnt sound like something that happens in the NFL where the guarantees are almost always more important than the allocation of cap space (which beyond guarantees is mostly window dressing). it sounds like you are treating this extra $13m like it's a one time use it or lose it mid level exception or a TPE in the nba being granted to some teams to put towards extending their own players.

i think it's just more total money to the players and more short term flexibility for teams maneuvering ahead of FA. it will probably throw some gas on whatever good players get to free agency but i dont think it accelerates any non-FA extensions unless some team with a ton of cap space cant spend enough of it on external free agents.
With a player like Chase?  
ajr2456 : 2/23/2024 6:08 pm : link
Yes. They’ll be giving that deal any way if they wait. There’s a benefit to the team getting it done earlier too. Who knows if it’s what happens, but this whole discussion is hypothetical. If we’re going to be keep being condescending, I think I know a little bit more about what an agent would be thinking.

Quote:
sounds like you are treating this extra $13m like it's a one time use it or lose it mid level exception or a TPE in the nba being granted to some teams to put towards extending their own players.


What did I say that could remotely be taken that way?

RE: RE: @JS  
56goat : 2/23/2024 7:13 pm : link
In comment 16406192 Eric on Li said:
Quote:
In comment 16406184 JonC said:


Quote:


This is not a release valve to restructure Jones. Thanks in advance.



more likely it gives them less incentive. should give them plenty of room to target whichever 1-2 players from FA they want.

the top of the FA market is likely to be eye popping expensive though.

seems like a very good thing they got lawrence and thomas done ahead of this FA period.


Would be nice to also have some quality depth signings so we're not playing guys signed off the street (or couch) when someone gets hurt.
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