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View Full Version : Cap space now?



armyfinfan
02-11-2008, 07:37 PM
Does anyone have any idea how much cap space we have now after cutting those losers today?

Buddy
02-11-2008, 08:14 PM
Does anyone have any idea how much cap space we have now after cutting those losers today?

Tell us what you really think of them, Grunt!:lol:

Where are you stationed? I was a 13F at Ft. Richardson, AK from 95-98.

WatCanBrownDo4U
02-11-2008, 08:16 PM
about 50 million bro maybe a little less

reddbaron
02-11-2008, 08:18 PM
I think around 47 mil. Something like that.

Nublar7
02-11-2008, 08:21 PM
I think around 47 mil. Something like that.

Actually, I think with today's cuts, we are sitting around $29 or $30 million under the cap.

levv151
02-11-2008, 08:21 PM
good luck to Marty and hopefully Trent retires so he doesn't end up like cabbage head from Kids in the Hall...The others; good riddens to dead weight...too bad, I thought Toledo was going to be a diamond in the rough...

NJFINSFAN1
02-11-2008, 08:22 PM
Actually, I think with today's cuts, we are sitting around $29 or $30 million under the cap.

Yep, your closer to the amount, people forget about the cap hits when we cut players.

newlife2788
02-11-2008, 11:33 PM
I've seen between 40 million to 50 million! I'm excited to see what BP does.

Sean
02-12-2008, 12:41 AM
I don't think we took that much in hits.

But we had 35M free before this. We prolly have around anything from 41-44 free.

lbmclean_sj
02-12-2008, 01:00 AM
should we give Assante 5 million of that room?

say an 8 year $90 million deal with $26 guaranteed?

Paul 13
02-12-2008, 01:03 AM
should we give Assante 5 million of that room?

say an 8 year $90 million deal with $26 guaranteed?


actually, more like 10 million in cap space given those numbers...

lbmclean_sj
02-12-2008, 01:29 AM
actually, more like 10 million in cap space given those numbers...

his first year base salary would be low so

26 / 8 = 3.25 + 2 = 5.25

jason_taylor
02-12-2008, 01:51 AM
how much do we save by releasing those 9 players ?

ticophin
02-12-2008, 01:59 AM
billions!!!No need to feed the Truck anymore...

dominizzo
02-12-2008, 02:03 AM
13.5 million

finforlife
02-12-2008, 02:07 AM
Salguero had this in his blog today in the Herald.

He said the actual savings is about 8 million. It was 12 million, but about 4 million of that is "dead" money.

dgb11112
02-12-2008, 02:15 AM
Somewhere around 11 million I think this should put us well under 300 million under cap

finforlife
02-12-2008, 02:21 AM
http://dolphinsindepth.blogspot.com/2008/02/axe-drops-on-four-former-starting.html

Actual savings is around 9 million.

newlife2788
02-12-2008, 02:24 AM
http://dolphinsindepth.blogspot.com/2008/02/axe-drops-on-four-former-starting.html

Actual savings is around 9 million.
that sounds about right. I'm excited.

jason_taylor
02-12-2008, 02:36 AM
http://dolphinsindepth.blogspot.com/2008/02/axe-drops-on-four-former-starting.html

Actual savings is around 9 million.



so that puts us some where around 44.mil in cap space ?

jdang307
02-12-2008, 02:40 AM
Don't forget the article where they say expect Parcells to start contacting players to restructure their contract, and this is real restructuring not salary to bonus type stuff.

Parcells is cleaning house, and we're gonna have some cash available. I love it.

Ga. FinFan
02-12-2008, 04:19 AM
so that puts us some where around 44.mil in cap space ?

It's all in how you figure it. There are several figures flowing out there including Booker's salary. I've read anything from 3.7 to 5 Mil and Dead money from 0 to his last years proration of his bonus. I think the 44 Mil figure comes from taking into account last years dead money but you really can't do that because the new year hasn't started yet. Minus the 9 just cut the only Dead money on the books, as of March 1st, should be Chambers bonus money and that all gets charged to this year.

I hope that helps but when you talk salary and contracts in the NFL you really get into muddy waters.

GridIronKing34
02-12-2008, 04:24 AM
It depends on the bonuses. I believe Green and Booker's bonuses were paid by Kansas City/Chicago (I think Booker had a 6 year contract spanning from his Chicago days in 2002, but I could be wrong)... just from that we should save around 7 million. As far as the others go, I really have no clue.

Dtronic
02-12-2008, 10:31 AM
Don't forget the article where they say expect Parcells to start contacting players to restructure their contract, and this is real restructuring not salary to bonus type stuff.

Parcells is cleaning house, and we're gonna have some cash available. I love it.


That is exciting stuff. If Cam asked me to restructure I could have said hell no. Parcells & Co. would be alot more intimidating, draw the blinds and get the Godfather music playing in the background.....

6r3yf0x
02-12-2008, 10:41 AM
Well with a "Spring Cleaning" everyone needs to prepare for the inevitable, which will mean that we will not make the playoffs this year - maybe next if we are lucky.

In fact I will go as far to say that we the Miami Dolphins will only win 5 or 6 games this season. Which would set us up for another big draft year in 2009.

I'm not a nay sayer, but instead am a realist and know all to well that our team has been neglected because they were never allowed to rebuild. Wayne and the us the Dol-Fans never gave the team the chance to rebuild, it has always been we must win now.

SE Idaho dolfan
02-12-2008, 11:22 AM
i would love to see him n the secondary. we need 2 pull a saving silverman mission n pull Wes out of boston. i was so pisd when they made that trade. just got my bad a$$ Welker jersey a month b 4

NJFINSFAN1
02-12-2008, 12:46 PM
http://www.miamiherald.com/616/story/415717.html

After Monday's cuts, the Fins now have $31 million in cap space for 2008.

Spray Mucus
02-12-2008, 01:47 PM
http://www.miamiherald.com/616/story/415717.html

After Monday's cuts, the Fins now have $31 million in cap space for 2008.

is that including or excluding Porters roster bonus?

Rich
02-12-2008, 05:54 PM
Before the cuts, we had $35 million. ($13 million allocated for draft picks).
http://www.askthecommish.com/salarycap/numbers.asp

As for deducting Trent Greens entire $4.1 million salary... like Armando did... We gave Green a big bonus last year, so I think we get stuck with some dead-cap on him.

DolfanDaveInATX
02-12-2008, 06:34 PM
We gave Trent a new contract when he got here, so there will be some dead cap with him. ($1.3 million if I recall correctly.)

Marty was still playing under the contract Chicago gave him, so all of his bonus accelerated to the Bears when that trade went down. We save 100% of his $4.3 million base salary next year.

DaytonaDolFan13
02-12-2008, 08:11 PM
Wayne is about to open up the pocket book

Rich
02-13-2008, 10:38 AM
"We gave Trent a new contract when he got here, so there will be some dead cap with him. ($1.3 million if I recall correctly.)"
-- My memory is that we gave green a $7 million bonus pro-rated over 4 years. So that means 5.25 Million in Dead Money, to cut a guy with a $4.1 million base salary.

Instead of saving $4.1 million under the cap, like Armando did, we lose $1.1 million... Nice.

We just pissed away a fifth-round pick and $5 million... but our cap situation will be better next year by $3.5 million.

DolfanDaveInATX
02-13-2008, 06:04 PM
http://sports.espn.go.com/nfl/news/story?id=2906940

Trent's base salary was $1.5 million. He got a $1 million signing bonus, a $100,000 workout bonus, and $1.2 million in roster bonuses before the team put him on injured reserve. Based on the cap figures at the bottom of the article, the signing bonus is pro-rated over the three years of the deal, but the workout and roster bonuses were counted entirely on last year's cap.

So at most, we're looking at $667K dead cap, but if I'm reading this correctly, we could get a $2.2M cap credit for roster bonus that was counted last year but not earned?

phinphever
02-14-2008, 05:57 PM
I'm hearing 31 mil, 35, 40, 45mil? what is the real number?

DaytonaDolFan13
02-14-2008, 08:03 PM
and with ZACK gone....whats the cap #?

Geforce
02-14-2008, 10:45 PM
"We gave Trent a new contract when he got here, so there will be some dead cap with him. ($1.3 million if I recall correctly.)"
-- My memory is that we gave green a $7 million bonus pro-rated over 4 years. So that means 5.25 Million in Dead Money, to cut a guy with a $4.1 million base salary.

Instead of saving $4.1 million under the cap, like Armando did, we lose $1.1 million... Nice.

We just pissed away a fifth-round pick and $5 million... but our cap situation will be better next year by $3.5 million.
Green signed contract worth $10 million less to join Dolphins
http://sports.espn.go.com/nfl/news/story?id=2906940 (http://sports.espn.go.com/nfl/news/story?id=2906940)


According to league salary documents, Green received a $1 million signing bonus in his new, three-year contract with the Dolphins, and will earn a workout bonus of $100,000. His base salary for 2007 is $1.5 million. There is a $3.4 million roster bonus that represents more than half of Green's compensation for this season, and it is paid at a rate of $200,000 per week if Green is on the active roster. Assuming he is on the roster for all 17 weeks of the season, he will collect the entire $3.4 million, bringing his total compensation to $6 million.

Under his Kansas City contract, Green had a 2007 base salary of $7.2 million.
But Green will have the opportunity to top that $7.2 million if he collects on incentives and bonuses built into his Miami contract. Green can earn nearly $2.5 million in add-ons if he is the starter, returns to the form he exhibited until a head injury all but scuttled his '06 season with the Chiefs, and leads the Dolphins deep into the playoffs.

In 2008, Green, who will turn 37 next month before the start of training camp, has a base salary of $2.8 million and a $100,000 workout bonus. There is a $500,000 roster bonus that is payable at the rate of $29,412 for each week he is on the roster.

The final season of the contract, in 2009, calls for a $3.5 million base salary and a workout bonus of $100,000. Again, there is a $500,000 workout bonus, at $29,412 per week.

NJFINSFAN1
02-17-2008, 12:17 PM
I think its about 36 million right now.

MrEd
02-17-2008, 05:53 PM
http://dolphinsindepth.blogspot.com/2008/02/axe-drops-on-four-former-starting.html

Actual savings is around 9 million.

Salguero is actually wrong on two fronts on this article. First mistake that he made was the details on marty booker's contract. MIA actually cleared the full $4.3mil, MIA was "not" on the hook for "any" of the prorated bonus. why? because when we traded for him, the CHI bears took the whole signing bonus hit and the MIA dolphins only took on the "non"guaranteed salary of marty. so MIA actually cleared the "full" $4.3mil by cutting him.

also, secondly, Salguero was incorrect on the savings we get from cutting Shelton. Salguero is not aware of, or has forgotten, is that with the new CBA rules, every team is allowed to designate "two players on the team" that they can have the prorated cap hit split in "two" by the bonus being split in half for the season they are cut and the next one.

so we actually cleared "more" by cutting Shelton. The $1.75mil that Salguero thinks MIA has as dead money is actually split in half and more like $850,000 of dead money for the 2007 cap and the 2008 cap.

So we cleared the whole salary and are hit with only $850,000...not $1.75mil, like Salguero incorrectly calculated. Last year we designated Kevin Carter and I believe Mcmichael was the other one. This year, it should be Zach Thomas and LJ Shelton.

He mentions emailing the team for confirmation and/or corrections and states that they have not responded yet. They will correct him with those numbers I mentioned when they do respond. :up:

Rich
02-18-2008, 01:02 AM
I think its about 36 million right now.
We had $35.5 million before any of the cuts, although $13 million was designated for signing draft picks. We might be at $45 million now.

Clumpy
02-18-2008, 01:37 AM
http://sports.espn.go.com/nfl/news/story?id=2906940

Trent's base salary was $1.5 million. He got a $1 million signing bonus, a $100,000 workout bonus, and $1.2 million in roster bonuses before the team put him on injured reserve. Based on the cap figures at the bottom of the article, the signing bonus is pro-rated over the three years of the deal, but the workout and roster bonuses were counted entirely on last year's cap.

So at most, we're looking at $667K dead cap, but if I'm reading this correctly, we could get a $2.2M cap credit for roster bonus that was counted last year but not earned?


Dead cap was $666,667

and yes, Miami should get a cap credit for those games he missed. It will be part of the cap adjustment which I do not have yet.

Nublar7
02-18-2008, 06:18 PM
I'm hearing 31 mil, 35, 40, 45mil? what is the real number?
The real number is between $34 and $35 million under.

Bofin
02-19-2008, 12:48 AM
clumpy is working those numbers and always has, in my opinion, great info, gotta wait for him to post it,,,,,,, soon i hope

canesfins13
02-19-2008, 09:03 AM
clumpy is working those numbers and always has, in my opinion, great info, gotta wait for him to post it,,,,,,, soon i hope

I hope it gets up soon - a lot of questions and mis-information out there right now

Clumpy
02-19-2008, 10:03 AM
:foundout: