View Full Version : 2007 Cap room
02-10-2007, 10:41 AM
Per A unreliable source www.profootballtalk.com. I know most you guys hate this site but thought I would throw these numbers out anyway.
Pre Free Agency: Playoff Teams
49ers: $38 million under
Bills: $33 million under
Titans: $33 million under
Cardinals: $33 million under
Browns: $29 million under
Packers: $28 million under
Patriots: $28 million under
Saints: $27 million under
Bears: $23 million under
Rams: $23 million under
Chargers: $22 million under
Buccaneers: $21 million under
Jaguars: $21 million under
Bengals: $20 million under
Jets: $20 million under
Seahawks: $19 million under
Cowboys: $18 million under
Lions: $16 million under
Vikings: $14 million under
Giants: $14 million under
Dolphins: $13 million under
Texans: $10 million under
Raiders: $8 million under
Eagles: $8 million under
Falcons: $8 million under
Chiefs: $6 million under
Broncos: $4 million under
Colts: $2 million under
Steelers: $300,000 under
Redskins: $100,000 over
Ravens: $1 million over
Panthers: $2.5 million over
4th and Long
02-10-2007, 10:47 AM
Unlike the last two years, KC is $5 million under the salary limit.
By ADAM TEICHER
The Kansas City Star
The Chiefs had to resort to releasing players and renegotiating existing contracts the last two years so they could comply with the NFL’s salary cap.
They won’t this year. Salary figures obtained by The Kansas City Star show the Chiefs with 2007 cap obligations of about $104 million. That should be about $5 million under the league-mandated ceiling, which is projected to be about $109 million.
“We’re in pretty good shape,” president/general manager Carl Peterson said. “Being able to get Tony Gonzalez signed without having to put a large franchise cap number on him really helps. We’re not having to, as we did last year, look at how we can reduce enough to ensure that we’ll be under the cap.”
The Chiefs will have enough salary-cap space to do some significant free-agent shopping if they so choose. But Peterson and coach Herm Edwards indicated that the Chiefs probably wouldn’t be major players once the market opens next month.
“I’d like to think we’ll be active, but we’ll be selective,” Peterson said. “I don’t see us going out on the first day and making a big splash on anybody. If you go back and really look at the history of free-agent signings — and really the history of early free-agent signings and big dollars — more often than not, teams have been burned. We’ve all kind of gotten back to building the core of your team through the draft.”
Edwards pointed toward Super Bowl participants Indianapolis and Chicago as examples of how the Chiefs would prefer to build their roster. Both teams acquired players mainly through the draft.
“That’s what we want to do here also,” Edwards said. “We need to have good drafts and draft good young players. We will infuse it with some veteran guys, but at the end of the day, you want to draft your guys because that’s what becomes your program.”
The Chiefs can clear more salary-cap space before the start of the free-agency period by renegotiating player contracts or releasing players. Tackle Willie Roaf retired last season, but his salary cap number of almost $5 million is still on their books. It comes off once Roaf is officially placed on the retired list.
Peterson has identified quarterback Trent Green as a target for a reduced salary. Green has the Chiefs’ highest base salary at $7.2 million.
Defensive tackle Ryan Sims is a prime target to be released. Sims, the Chiefs’ top draft pick in 2002, costs the Chiefs slightly more than $3 million now against their salary cap but would cost them about $2.3 million against their cap if released.
A glance at the list of individual salary-cap figures shows the Chiefs haven’t always spent their dollars wisely. A cornerback, Patrick Surtain, has their highest salary-cap figure at more than $9.3 million.
Among those with the highest salary-cap numbers are starters in danger of being benched (Green and linebacker Kendrell Bell), backup defensive linemen (Sims and Eric Hicks) and a player who was a no-show last season (running back Priest Holmes).
A player’s salary-cap number includes his base salary and all or a portion of various bonuses given to the player either this year or at the time of his signing.
The Chiefs will use some of their remaining salary-cap space to re-sign their own potential free agents. The list is 18 players long and includes tackle Jordan Black, linebacker Kawika Mitchell, defensive linemen Ron Edwards and James Reed, and quarterback Damon Huard as potential unrestricted free agents.
Among the scheduled restricted free agents are defensive end Jared Allen, wide receiver Samie Parker and kicker Lawrence Tynes.
Peterson has also said the Chiefs would negotiate a new contract with running back Larry Johnson, who otherwise has three seasons remaining on the deal he signed as a rookie in 2003.
After all of the internal maneuvering, the Chiefs should have some cap space remaining for outside free agents. Defensive tackle and wide receiver are their biggest needs.
“We still don’t know how good of a free-agent market this is going to be,” Peterson said. “We’re still evaluating that.”
I'm glad to see that the Ravens are over the cap. Maybe they won't be able to re-sign Adalius Thomas.
02-10-2007, 11:17 AM
CAVEAT ON CAP NUMBERS
A league source has contacted us regarding the accuracy of the cap numbers that we posted earlier today. Although those numbers currently are accurate, it turns out that the numbers are incomplete.
Per the source, the current numbers do not reflect several key pieces of information that will reduce the cap room available as of March 1.
First, the "official" numbers have not yet been adjusted by the league to reflect so-called "not likely to be earned" incentives that a player achieved in 2006. By definition, these payments do not count against a team's 2006 cap number. They hit the cap in 2007.
A prime example in this regard is Jets quarterback Chad Pennington. With doubts swirling last year at this time regarding his ability to return to form, he slashed his salary for 2006 but remained in position to earn most if not all of it back through incentive payments.
And he did. Those extra payments to Pennington will thus eat into the $20 million in cap room available to the Jets.
Likewise, the $3 million bonus earned by Panthers defensive end Julius Peppers for making it to the Pro Bowl this year is not reflected. And that's bad news for Carolina, since without this extra charge the team is already $2.5 million over the $109 million limit.
Second, any "likely to be earned" incentives that were not met in 2006 result in a cap credit for 2007. Teams with surplus cap money in 2006 but no plans to use it often will insert such incentives that, although categorized as "likely to be earned" are as a practical matter not earned. Because these incentives count against the 2006 cap, the money carries over to the next year if the incentive is not earned.
Third, any 2007 salary escalators triggered by players in 2006 are not yet reflected. If, for example, a player's 2007 salary based on his contract is $1 million but his performance numbers pushed his salary to $2 million for 2007 due to an escalator clause, that extra million has not yet been wiped off of the books for the purposes of the 2007 cap numbers.
Fourth, the Giants will get a cap credit from Tiki Barber's retirement, since his $4.15 million salary for 2007 is currently on the books, and thus reflected in the cap numbers.
02-10-2007, 12:53 PM
The rich get richer.
02-10-2007, 02:20 PM
CAVEAT ON CAP NUMBERS
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