Welcome to FinHeaven Fans Forums! We're glad to have you here. Please feel free to browse the forum. We'd like to invite you to join our community; doing so will enable you to view additional forums and post with our other members.



VIP Members don't see these ads. Join VIP Now
Page 1 of 2 12 LastLast
Results 1 to 10 of 15

Thread: Dolphins Dollars & Sense- Spending $30-35M in FA

  1. -1
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17

    Dolphins Dollars & Sense- Spending $30-35M in FA

    We all know Miami has $47M in cap space but, that is not all spendable money to sign our own starters and other FA's.

    Phins have to set aside $7M for the draft. Aside from the starters, we have nine other FA's to replace, and one may be a vet backup QB, which should run around $7-8M. Teams also try to keep $3-4M available for injuries during the season.

    That leave around $30M to spend. We can add to that by cuts or new cheaper contracts for players like Marshall, Patterson, and the players we draft are gong to replace some of our FA's and/or players under contract. I'm guessing we will end up with about $35M, which is VG but, can't go crazy.

    We need to understand that the contracts signed will mostly not affect the cap space by the average of the deal. Normally, any player signed for 4-5 years costs 20-30% less than the average in their first year. The main thing is guaranteed money, and adding incentives.

    For example, if I said that I wanted to sign Sean Smith to a 5 year, $40M deal, posters would be up in arms. If the terms were a $5M signing bonus, $5M first year salary (guaranteed), 2nd year at $6M, and the last 3 years at $9M, $10M, and $10M (not guaranteed), it's an entirely different opinion.

    Just a little food for thought.
    Quote Quote  

  2. -2
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17
    The other question is how to spend around $35.
    Quote Quote  

  3. -3
    Lord Of Miami's Avatar
    Pro Bowler

    Status:
    Offline
    WPA:
    Join date:
    Mar 2009
    Posts:
    1,597
    vCash:
    1187
    Thanks / No Thanks
    Just so you know we don't have to set aside any money for draft picks, that comes out of a different pot of money for every team. Also the only backup QB that makes over $7m is Alex Smith. Most backups make less than 1/2 of what you think.

    You did make a good point about the contracts, but odds are most people won't get it.
    Still banging and laughing
    Quote Quote  

  4. -4
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17
    Quote Originally Posted by Lord Of Miami View Post
    Just so you know we don't have to set aside any money for draft picks, that comes out of a different pot of money for every team. Also the only backup QB that makes over $7m is Alex Smith. Most backups make less than 1/2 of what you think.

    You did make a good point about the contracts, but odds are most people won't get it.
    Guaranteed that the money for draft picks comes off the same cap. I was talking about replacing 9 players, including a vet QB, for $7-8M.
    Quote Quote  

  5. -5
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17
    For anyone even thinking about putting the franchise tag on Long, it would cost $15M and all of that comes off this year's cap. He could be signed to a long term deal with not a whole lot this year but, can't see it happening.

    Also, next year's cap is expected to go up a good amount. Don't be surprised to see a few contracts low this year, and jumping next year.
    Quote Quote  

  6. -6
    dlockz's Avatar
    Hall Of Famer

    Status:
    Offline
    WPA:
    Join date:
    Sep 2004
    Posts:
    32,291
    vCash:
    29930
    Loc:
    Tampa Fl
    Thanks / No Thanks
    Blog Entries:
    1
    Quote Originally Posted by Southbeach 2 View Post
    We all know Miami has $47M in cap space but, that is not all spendable money to sign our own starters and other FA's.

    Phins have to set aside $7M for the draft. Aside from the starters, we have nine other FA's to replace, and one may be a vet backup QB, which should run around $7-8M. Teams also try to keep $3-4M available for injuries during the season.

    That leave around $30M to spend. We can add to that by cuts or new cheaper contracts for players like Marshall, Patterson, and the players we draft are gong to replace some of our FA's and/or players under contract. I'm guessing we will end up with about $35M, which is VG but, can't go crazy.

    We need to understand that the contracts signed will mostly not affect the cap space by the average of the deal. Normally, any player signed for 4-5 years costs 20-30% less than the average in their first year. The main thing is guaranteed money, and adding incentives.

    For example, if I said that I wanted to sign Sean Smith to a 5 year, $40M deal, posters would be up in arms. If the terms were a $5M signing bonus, $5M first year salary (guaranteed), 2nd year at $6M, and the last 3 years at $9M, $10M, and $10M (not guaranteed), it's an entirely different opinion.

    Just a little food for thought.
    No nfl players is going to take a contract structured like that. They want alot of guaranteed money. On a 40 million contract he would want close to 20 guaranteed no less than 12 to 15
    When death smiles upon you, the Infantry man smiles back. WV says Im not a patriot and Jeff Ireland is a Boss so it must be true.
    Quote Quote  

  7. -7
    Lord Of Miami's Avatar
    Pro Bowler

    Status:
    Offline
    WPA:
    Join date:
    Mar 2009
    Posts:
    1,597
    vCash:
    1187
    Thanks / No Thanks
    Quote Originally Posted by Southbeach 2 View Post
    Guaranteed that the money for draft picks comes off the same cap. I was talking about replacing 9 players, including a vet QB, for $7-8M.
    The cap doesn't work that way, please ask someone that works in or around the NFL, like an agent or someone. I get a lot of the info i post here from GM's and agents, so if you look into it you'll see i'm right.

    The vet QB part i just misread sorry.
    Quote Quote  

  8. -8
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17
    Quote Originally Posted by dlockz View Post
    No nfl players is going to take a contract structured like that. They want alot of guaranteed money. On a 40 million contract he would want close to 20 guaranteed no less than 12 to 15
    I just threw out some numbers for an example for Phans to understand how NFL contracts work. Even so, with the $5M signing bonus and first year $5M both guaranteed, all I have to do is guarantee the second year at $6M to be at $16M, and exceed your no less than. I'm sure you get the point.
    Quote Quote  

  9. -9
    FinHeaven VIP

    Status:
    Online
    WPA:
    Join date:
    Jul 2006
    Posts:
    11,126
    vCash:
    2575
    Thanks / No Thanks
    Tannehill 17
Gift received at 02-24-2014, 02:26 PM from hooshoopsTannehill 17Tannehill 17
    Quote Originally Posted by Lord Of Miami View Post
    The cap doesn't work that way, please ask someone that works in or around the NFL, like an agent or someone. I get a lot of the info i post here from GM's and agents, so if you look into it you'll see i'm right.

    The vet QB part i just misread sorry.
    No need. I can absolutely, positively assure you, beyond any shadow of any doubt that the rookie money counts on the teams salary cap. If any agent or Gm told you differently, they were playing a joke or, were "as drunk as drunk can be. LOL
    Quote Quote  

  10. -10
    dlockz's Avatar
    Hall Of Famer

    Status:
    Offline
    WPA:
    Join date:
    Sep 2004
    Posts:
    32,291
    vCash:
    29930
    Loc:
    Tampa Fl
    Thanks / No Thanks
    Blog Entries:
    1
    Quote Originally Posted by Southbeach 2 View Post
    I just threw out some numbers for an example for Phans to understand how NFL contracts work. Even so, with the $5M signing bonus and first year $5M both guaranteed, all I have to do is guarantee the second year at $6M to be at $16M, and exceed your no less than. I'm sure you get the point.
    Yea wasnt trying to poo poo your numbers just was saying that guaranteed money is what makes these contracts churn
    Quote Quote  

Similar Threads

  1. Replies: 49
    Last Post: 04-12-2007, 09:58 PM
  2. Replies: 4
    Last Post: 10-03-2006, 11:23 AM
  3. Replies: 10
    Last Post: 08-18-2006, 06:06 PM
  4. Replies: 0
    Last Post: 01-22-2006, 10:35 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •