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We currently sit at $24 million under the cap.


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4 minutes ago, DoYouSeeWhatHappensLarry said:

This doesnt seem right. We were at ~$20m under with Mack's deal on the books. Then we brought in Schaub and Shelby. 

I would think we're at like ~$13-14m

Not according to the league we're not. If you have a Twitter go look at Albert Breer account 

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5 minutes ago, DoYouSeeWhatHappensLarry said:

This doesnt seem right. We were at ~$20m under with Mack's deal on the books. Then we brought in Schaub and Shelby. 

I would think we're at like ~$13-14m

Yea that sounds too good to be true, would be fawkin awesome if we did though

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We had 24M at the start of free agency. 19.5 now after the 4.5M cap hit for Mack. The Shelby and Clayborn contracts haven't been updated. We're probably around 13m after those are factored in

 

We get 5M from Soliai post June 1st cut and 3M when Hester is cut early May. TJax is likely on his way out, that's 10M for draft class and rollover. So we still have 13m to play with 

 

edit:new cap hit for Mack is 4m so add 500k savings on cap. We structured Mack's contract for a small cap hit this year that balloons the next few seasons, something we don't usually do. Could mean Shelby has a smaller cap hit too, we might be around 15m

Edited by Dirtybird56
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Spotrac has us at $20,341,397

That's without Clayborn, Shelby, or Schaub counting against the cap

 

I really think the tweet from Albert Breer is incorrect and doesn't even equate for Alex Mack, whose cap hit is $4,050,000  this season.

 

Still, even $10 million would give us room to sign 2-3 more free agents, and then we can cut T-Jax and Hester to free up cap space for the rookies and "emergencies".

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1 hour ago, g-dawg said:

Do we have any monies coming off books in 2017?

We have $25,653,742 in Dead Money in 2016.

Right now, we're scheduled to have $6,900,000 in 2017 (all from Paul Soliai).  Look for that number to go up if we designate someone else (Tyson Jackson?) as a second June 1st cut.

But given that the salary cap is bound to go up another $10 million or so next season, we should have quite a bit of money to play with again next year.  It's one reason we were able to structure Alex Mack's contract so that the up-front hit was minimal; we knew we could pay him more next year once the dead money for Baker, Asamoah, Willy Mo, Roddy, and Durant came off the books.

 

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52 minutes ago, capologist said:

With the Soliai cut figured in (and not including the Clayborn, Schaub and Shelby deals) it's at $27 million.  Waiting for more details on those deals...

You forgot to figure in Dimitroff  holding 7 million so we're closer to 20 million :bang:

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