Pager
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quote:
ORIGINAL: ratoppenheimer quote:
ORIGINAL: Pager quote:
ORIGINAL: ratoppenheimer quote:
ORIGINAL: Pager OTC has our cap space at 58M - down from 70M due to the future contracts (I assume). Right now we have 3.4M in dead money for 2025 with Cine leading the way with 1.4M, Booth 800k, Khyree Jackson 620k, and three others under 200k. Those with VOID years: Smith 6.5M, Darnold 5M, Murphy 4.2M, Gilmore 2.3M, A Jones 3.2M. Smith has future void money that accelerate 3M in cap hit otherwise these guys are already calculated into the 58M cap space available. Assume Smith retires. Our cap space is 55M. Need 5M for in-season and 3M (or less if we trade out of 1st round). Cap space left: 47M. Possible cuts: Ingram 400k (Savings 3.3M), Asamoah 300k (Savings 1.5), Ham 750k (Savings 2.7M). Oliver 4.3M (Savings 5.2M) Net effect: 54.5M (excluded Oliver) I would keep Oliver and have him work on H back in the offseason. He's a great blocker and good hands. Ham has gotten slower and doesn't run through tackles like he did. I think Oliver could be used all over to great effect. He is overpriced but only half his salary comes off the books, the other 4.3 is sunk cost. So basically is it worth it to retain him for 5.2M. Of course we have several extension and restructure options, which I think Kwesi will use if we have a trade partner for Sam Darnold. spotrac has us at $63.6mm under...we have 54 players on our roster...they include harrison smilth as an active member - as noted above, it would cost us an additional $3mm of cap space if we cut him...i'd keep him for another season because we're most likely going to be thin at safety anyway.... extend murphy and Aaron jones, and we can use their void years money as part of the new deal - so for accounting purposes they'd be even less of a '25 cap hit...pay jones less and make him rb #2...are we interested in signing free agent najee harris as our bell cow? - or just pick up a rookie in the 3rd, or 5th round?.... tier 1 or 2 free agents to sign: DT, G, G, C, CB - we could do all of that for under $40mm in '25 cap space with creative accounting.... draft: trade back our 1st rounder for a 2nd, 3rd, 4th or the best that we can get.... I've always used OTC, they seem to be more accurate when final numbers are announced. I also don't want to use too much creative accounting, you look at 2026 and 2027 and there multiple void year contracts already. I took a look and I get what you're saying - you're looking at 'dead cap' on void year deals, i.e., players that aren't under contract to play that season.... but something to consider is that many of those players are players we'll very likely want to keep a little longer, thus extend and kick their dead cap out a few more years...murphy, jones, van ginkel, cashman, and maybe harrison smith.... others we might want to cut this season....bradbury, ham, ingram, oliver = that's $14.6mm right there or next season...hockenson = $9mm savings harrison smith is an odd one - so many talking heads have talked about him taking a huge pay cut over the last few years, but we must have given him one hell of a restructuring bonus because he, and his cap hits and dead cap hits are hard to close out.... I did consider the extensions. In my example I resigned Aaron Jones for two years and spread his void hit. Very unlikely, IMO, Murphy is back, he played to his ceiling during a contract year. Also better playing slot but will be asking for outside CB pay. Jones is 30, I don't want to overpay when he starts declining. Point is, void years look great spread out until the player is no longer on the team, then it catches up to you. It's how you end up paying Cousins 25M while not on the team and Smith 9M if not on the team. We've been lucky with free agent additions health and performance, might not always be the case. Eventually, even if you extend them, you will pay the piper. Get the cap clean while you have a rookie QB, because (knock on wood) you'll have to extend and pay market QB rates in 4 years. Again, that's just how I would approach it.
< Message edited by Pager -- 1/25/2025 5:53:56 PM >
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Left picking up the pieces.
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