Jump to content

Falcons And The Salary Cap. Sheesh Td How Could This Happen?


Trouble
 Share

Recommended Posts

At one point in the life of real (mostly) NFL free agency, June 2 was a big day. Under labor deals finalized before 2006 (and, of course, after free agency began), teams could cut players on June 2 with reduced cap consequences.

It created a second wave of free agency, and a spike in NFL news and interest as the media chased down and/or speculated on who would be cut as of June 2, and where they would land.

As of 2006, teams received the ability to cut two players per franchise after the start of the league year in March, and to designate them as post-June 1 cuts. This dynamic, coupled with the willingness of plenty of teams to absorb the full cap charge resulting from cutting a guy in the current year because plenty of teams have plenty of cap space, has turned the second wave of free agency into a puddle of Brownian motion (look it up, it’ll count as the one new thing you learn today).

This year, 10 teams took advantage of the ability to use the post-June 1 designation. Via Ian Rapoport of NFL Network, they are the Bills, Cardinals, Chargers, Cowboys, Dolphins, Falcons, Panthers, Raiders, Ravens, and Steelers.

The players who were cut with the post-June 1 designation are, based on the official PFT Commodore 64′s database of Brownian motion (aren’t you glad you looked it up?), former Bills quarterback Ryan Fitzpatrick, former Cardinals guard Adam Snyder, former Chargers tackle Jared Gaither, former Cowboys linebacker Marcus Spears, former Dolphins linebackers Kevin Burnett and Karlos Dansby, former Falcons tackle Tyson Clabo, former Panthers linebacker James Anderson, former Raiders safety Michael Huff, former Steelers tackle Willie Colon, and former Ravens safety Bernard Pollard.

The Raiders did not cut Richard Seymour with the post-June 1 designation; they elected to void his contract in February.

Here’s how it all works. Let’s assume a player signs a five-year deal with a $5 million signing bonus. Ordinarily, $1 million would be charged to each of the five years of the deal to account for the signing bonus. If, after two seasons, the team decides to move on, cutting the player before June 2 (and without the post-June 1 designation) would result in a $3 million cap charge.

Cutting him as of June 2 (or with the post-June 1 designation) freezes the current year’s dead money at $1 million, with the final $2 million hitting the cap in the next league year.

The June 2 cap bump comes from the team’s inability to process the transaction financially until June 2. So if the player with the $5 million signing bonus on a five-year deal has a $5 million base salary, the team carries the $6 million cap charge until June 2, at which time the $5 million base salary disappears.

The player still counts for $1 million in the current year, with the remaining $2 million in signing bonus allocation hitting the cap in the next league year.

As a result, teams like the Falcons have picked up $4.5 million in cap space via the processing of the departure of Clabo. This gives them more cap space to sign the aforementioned Seymour. Which gives us a chance to close this out with G.M. Thomas Dimitroff’s recent appearance on PFT Live, during which he addressed the reports that Seymour could be a Falcon.

It also gives the Falcons more wiggle room to extend quarterback Matt Ryan’s deal. Which, coincidentally, is one of the other topics addressed by Dimitroff below.

TD working his Magic!!!!!

We RICH *****!!!!

Link to comment
Share on other sites

You know as well as I do, if anything a new Ryan deal with 4.5M is quite plausible. Heck, it even might free up a few bucks for Atlanta to target Seymour in FA.

I miss football talk.

I GOT IT!! He might even pay the Falcons for the opportunity to play! RIGHT?laugh.png

Link to comment
Share on other sites

I GOT IT!! He might even pay the Falcons for the opportunity to play! RIGHT?laugh.png

WTF are you blabbing about. I said having $4.5M available is more than enough to get Ryan signed to a LTD. Obviously, it will include a nice signing bonus and an obscene amount of guaranteed money. SK and St. Diehard figured out what I was saying and even agreed with me, clearly they're Falcons homers too.

Now quick, tell me to quit whining.mellow.png

Link to comment
Share on other sites

Ryan's deal may get put off until next offseason if talks continue to stall, but I don't see it getting so bad TD breaks out the Franchise Tag.

If that's the case, the Falcons are gonna have problems! This isn't like the BUCS-Freeman deal! Freeman hasn't shown he can do it, Ryan has and deserves to be paid accordingly. If they wait, and he pulls a Joe Flacco, they're going to have to get mighty creative. But, that's if he wins it all, if he doesn't and they wait until next year, he may not get as much as Romo.

I see them getting it done though. Dimitroff has made it abundantly clear, he wants to get this done, but does Ryan and his people? That's where the hold up is here. Condon's gonna squeeze every gold filling he can outta Blanks mouth.

Link to comment
Share on other sites

If that's the case, the Falcons are gonna have problems! This isn't like the BUCS-Freeman deal! Freeman hasn't shown he can do it, Ryan has and deserves to be paid accordingly. If they wait, and he pulls a Joe Flacco, they're going to have to get mighty creative. But, that's if he wins it all, if he doesn't and they wait until next year, he may not get as much as Romo.

I see them getting it done though. Dimitroff has made it abundantly clear, he wants to get this done, but does Ryan and his people? That's where the hold up is here. Condon's gonna squeeze every gold filling he can outta Blanks mouth.

Should it linger into next offseason, I don't think he gets less than Brees no matter how the season turns out.

Link to comment
Share on other sites

 Share

×
×
  • Create New...