Chiefs cap room for 2013

[Sassy Squatch]

How much do we have ATM? I know it has been addressed recently in another post nut I can't seem to find it. Lets assume we cut Jackson and Cassel outright.

[Hammock Parties]

I'm talking about Cassel, not Tyson Jackson.

[WV]

Originally Posted by ChiefsandO'sfan

Cassel cut chiefs only on the hook for around 3.5m

Good grief I hope this happens soon. No better way to shit on our party than for Reid to think he can "fix" Casshole.

[ShowtimeSBMVP]

Originally Posted by GoWalrus

I'm talking about Cassel, not Tyson Jackson.

If they cut Cassel only gonna count for 3.5m in 2013

[Hammock Parties]

Originally Posted by ChiefsandO'sfan

If they cut Cassel only gonna count for 3.5m in 2013

Source?

[ChiefGator]

Originally Posted by ChiefsandO'sfan

Jackson cut chiefs only on the hook for 3.2m
Cassel cut chiefs only on the hook for around 3.5m

It seems like closer to 3.9m, but that difference doesn't matter. But, since he costs 9,825,000 against our cap, cutting him only frees up around 6 mil. And between 11-14 million for Jackson.

So, we end up with $17-20 mill in savings from cutting them. Of course, we need a QB (or two) and a DE as well.

This is all elementary though, since our new signings are not likely to cost much against our cap anyway.

[ChiefGator]

Originally Posted by GoWalrus

Source?

In 2013 Cassel is due 2,325,000 in bonuses, but $250,000 of that is a workout bonus.

In 2014 Cassel is due 2,125,000 in bonuses, but again $250,000 of that is a workout bonus.

[ShowtimeSBMVP]

Originally Posted by GoWalrus

Source?

Matt Cassel (QB)-Kansas City Chiefs: It’s hard to imagine a scenario where Cassel returns to the Chiefs since Brady Quinn has replaced him. As the starter, Cassel was largely ineffective in guiding the Chiefs to a 1-4 record. He committed 14 turnovers (nine interceptions and five fumbles) in his five starts while completing just 58.5% of his passes and only throwing for five touchdowns. The 2010 Pro Bowler’s $7.75 million 2013 salary is too much for a backup quarterback. Cassel, who has a $9.825 million 2013 salary cap number, would free up $5.825 million of cap space for the Chiefs if they released him.


http://www.huffingtonpost.com/2012/1...n_2024539.html

[ChiefGator]

The bottom line is that we are in a good position cap-wise, especially with Hali's salary (and cap hit) dropping 6 mill or so in 2014. Pioli left us with a couple good things. Low salaries on Charles, DJ, and Hali (besides next year).

We have a lot of positions to fill (and plenty of expensive fat to cut), but we are in very good shape currently. It would be hard to put us in cap trouble in the next two or three years.

[ShowtimeSBMVP]

Originally Posted by ChiefGator

The bottom line is that we are in a good position cap-wise, especially with Hali's salary (and cap hit) dropping 6 mill or so in 2014. 'Team-killer' Pioli left us with a couple good things. Low salaries on Charles, DJ, and Hali (besides next year).

We have a lot of positions to fill (and plenty of expensive fat to cut), but we are in very good shape currently. It would be hard to put us in cap trouble in the next two or three years.

Only good thing he was good for.

[jjchieffan]

Originally Posted by RINGLEADER

Numbers are mostly garbage in-garbage out. Manning's deal was really a one-year $18 million deal with the Broncos having the right to pick up additional years based on a physical after this season (that then makes the next two years guaranteed at $20 million per) and then additional $19 million seasons if he's still around and on the roster when season four and then season five of his deal roll around. Right now, these numbers don't count at all towards his deal as they weren't paid in the form of a bonus (which allows a team to "spread out" a big lump sum payment over the life of a deal - part of the reason you get 6 year deals with huge payments on the back-end). The $20 mil for next season isn't deducted from Denver until the contingencies on Manning's deal is triggered (which it will be).

Okay. Good. So that will put them 8 mil over the cap when that happens which means they will be cutting people. Now hopefully the Ravens will end the Donk season next week and they will be a worse team next year and Manning never wins a championship for that piece of shit team!!

[jjchieffan]

Originally Posted by DaneMcCloud

Plus, teams can no longer spread a cap hit over two seasons.

That ended in 2009, IIRC.

I'm gonna try and look it up, but I believe the change was that you could still spread it out over two years, you just had to wait until the beginning of the new league year instead of June 1 in order to give players more time to find another team. Again, I could be mistaken. I am looking it up now

[jjchieffan]

From what I've read on multiple sites, the June 1 rule is as it always was. I guess I was wrong. I thought that the date was sooner now. But anyway, for those of you asking, yes any cap hit can be spread out if we wait until June 1 to cut the dead weight.

[Wilson8]

http://www.nfl.com/news/story/09000d...ay-with-chiefs
By Jason La Canfora
Jackson was scheduled to make over $8 million in 2012; he'll now receive $4.25 million in base salary, with $4 million guaranteed. Jackson also carries a $14.72 million salary ($3.2 million guaranteed) in 2013, but it's highly improbable he would receive that money since he would carry a $17.5 million cap figure. The Chiefs have sufficient salary-cap space and could handle that huge 2013 number if Jackson plays at a level worthy of it, but it's likely his deal either would be restructured again, or he would be let go.

http://profootballtalk.nbcsports.com...g-pay-cut-too/
Come 2013, the Chiefs surely will be interested in reducing Jackson’s cap number of $17.47 million. They can do it with an extension — or by cutting Jackson for skill reasons and clearing the full $14.72 million off the books.
And so, in exchange for giving up $3.755 million in base salary this year, Jackson picked up another $1.495 million in guaranteed pay.

Some of the $17.5 million is going to be paid to Jackson.

[BossChief]

13 million in cap space.
14 million for cutting Jackson
7 million for cutting Cassel

That's 34 million worth of cap space to start with.

Now we get to the interesting part...we were 15-20 million under the cap in 2012 and that number can be rolled over.

That gives us around 50 million worth of cap space to work with if we max out everything and make the logical moves.

PLENTY to re-sign Bowe, Albert, Colquit and Dorsey as well as locking up guys like Houston, Moeaki and Asamoah...as well as going fishing for some big fish.

We are in a great spot capwise.

[Wilson8]

Originally Posted by DaneMcCloud

Plus, teams can no longer spread a cap hit over two seasons.

That ended in 2009, IIRC.

From page 93 NFL Players Association NFL CBA – August 4, 2011

(1) For any player removed from the Team's roster, or whose Contract is
assigned to another Club via waivers or trade, on or before June 1 in any League Year
prior to the Final League Year, or at any time during the Final League Year, any unamortized
signing bonus amounts will be included in Team Salary for such League Year,
except that for each League Year preceding the Final League Year, each Club may designate
up to two Player Contracts that, if terminated on or prior to June 1 and if not renegotiated after the last regular season game of the prior League Year, shall be treated
(except to the extent prescribed by Section 6(d) (iv) below) as if terminated on June 2, i.e.,
the Salary Cap charge for each such contract will remain in the Club's Team Salary until
June 2, at which time its Paragraph 5 Salary and any unearned LTBE incentives will no
longer be counted and any unamortized signing bonus will be treated as set forth in
Subsection (2) below. If acceleration puts a Team over the Salary Cap, the Team will
have seven days to conform with the Salary Cap, but may not sign any players until there
is Room to do so under the Salary Cap.

http://images.nflplayers.com/mediaRe...Bookmarked.pdf