Chiefs Real Salary Cap Number Is $37 Million

[Mr_Tomahawk]

http://www.arrowheadpride.com/2012/2/20/2811639/kansas-city-chiefs-salary-cap-number

Over the last week or so we've seen a number of published reports show the Kansas City Chiefs salary cap space at a whopping $63 million. We didn't pay a whole lot of attention to that number because we knew it would change pretty quickly once some updated bonus numbers came in. Guys receive bonuses and escalators based on their play in 2011 that will be reflected in their 2012 cap number.

Once you take those numbers into account, the Chiefs salary cap is pegged at $37 million. Adam Teicher of the KC Star has the complete story on the Chiefs salary cap and explains it all there.

The Chiefs have a few ways they'll be spending that money in the coming weeks and months.

First, the franchise tag. The Chiefs are now allowed to use the tag and Brandon Carr or Dwayne Bowe each seem like perfect candidates for the tag. Roughly speaking, the receiver tag will be around $9.5 million and the cornerback tag will be around $10.5 million.

Second, the Chiefs will sign some of their own free agents. They have 21 of them now and will bring a lot of them back.

Third, the Chiefs will sign other teams free agents. Free agency starts March 13 and I already can't wait. KC should be players in the free agency market.

Fourth, the draft picks. The Chiefs will need to sign their draft picks with the rookie pool money.

[beer bacon]

Only 37 million eh? That will comfort me when we let Brandon Carr go and we don't sign any big time free agents. I can just say to myself, "We were only 37 million under the cap, so we couldn't afford them."

[In58men]

“@AdamSchefter: Teams with most cap room today: Tampa Bay ($67 million under cap); KC ($62 mil): Cincy ($60 mil); Denver ($49 mil); Washington ($49 mil).”

[jd1020]

The hopes and dreams of people wanting to sign Bowe, Carr, Manning, Nicks, and Soliai just got crushed.

[1ChiefsDan]

Who has more accurate info, Tiecher or Shefter?

[loochy]

Who has more accurate info, Tiecher or Shefter?

I dunno. Ask Nick Wright.

[keg in kc]

Once you take those numbers into account, the Chiefs salary cap is pegged at $37 million. Adam Teicher of the KC Star has the complete story on the Chiefs salary cap and explains it all there.Seems kind of silly to have an arrowhead pride link that doesn't do anything but mention a star blog report.

http://chiefsblog.kansascity.com/?q=node/1956

The NFL distributed to its teams last week a salary cap accounting that shows the Chiefs lead the league in available salary cap space. The document shows the Chiefs with just less than $63 million of available room.

But the report didn’t take into account escalators that greatly increase the individual cap numbers for certain players. For instance, Tyson Jackson achieved certain playing incentives that pushed his 2012 salary cap number from about $5 million to about $10.75 million. A handful of other Chiefs players also reached their incentives to trigger much higher salary cap numbers and, in all, this will chew up about $20 million of that available salary cap space.Also has a link to all the individual salary numbers: http://www.kansascity.com/2012/02/18/3437420/chiefs-2012-salary-cap-breakdown.html

[jd1020]

Who has more accurate info, Tiecher or Shefter?

I'm going with Teicher. If you went down the list of players the Chiefs still have signed and you just added up their base salaries we don't even have $62M in cap space.

[dirk digler]

Who has more accurate info, Tiecher or Shefter?

Tiecher doesn't know shit.

[ShowtimeSBMVP]

The star is wrong......



Adam Schefter@AdamSchefter
Teams with most cap room today: Tampa Bay ($67 million under cap); KC ($62 mil): Cincy ($60 mil); Denver ($49 mil); Washington ($49 mil).

[stonedstooge]

Can't imagine the Chiefs putting out information that the monies available are only about half of what the national media is reporting. Clark's being sneaky again. Wonder why?

[Brock]

That settles it, it was on twitter.

[stonedstooge]

The star is wrong......



Adam Schefter@AdamSchefter
Teams with most cap room today: Tampa Bay ($67 million under cap); KC ($62 mil): Cincy ($60 mil); Denver ($49 mil); Washington ($49 mil).

Do one of your tweet things and see if you can get an answer from your connections as to who is giving the correct number

[loochy]

This reminds me of why I hate twitter: people just make stuff up with no accountability

[ShowtimeSBMVP]

Do one of your tweet things and see if you can get an answer from your connections as to who is giving the correct number

All the big time reporters are saying 62m why would they Lie? Peter king,adam and many more.

[stonedstooge]

All the big time reporters are saying 62m why would they Lie? Peter king,adam and many more.

Ask your connections why the Chiefs would lie

[Brock]

All the big time reporters are saying 62m why would they Lie? Peter king,adam and many more.

Maybe they're just repeating what somebody else told them. You don't think those guys actually crunched the numbers do you?

[keg in kc]

Maybe they aren't lying. Maybe they just don't have the correct information. Or maybe they do and Teicher's wrong. Not everything is a conspiracy.

[OnTheWarpath15]

I have a hard time believing that we only have $37M in cap space when we didn't use - and rolled over - around $27M in 2011 space.

I'm gonna believe guys like Schefter over Teicher on this one.

[ShowtimeSBMVP]

http://www.spotrac.com/nfl/kansas-city-chiefs/cap-hit/


Chiefs have 87m due to players in 2012 cap is gonna be 120 to 125m and they rolled over atleast 24m.

[Brock]

http://randomwebsite.com

[jd1020]

I have a hard time believing that we only have $37M in cap space when we didn't use - and rolled over - around $27M in 2011 space.

I'm gonna believe guys like Schefter over Teicher on this one.

If you just added up BASE salaries the Chiefs come out with $80M with a cap of $120M and rolling over $20M they have $60M. Now add all of the bonuses and escalators guys like Jackson and Dorsey got.

[mcaj22]

http://www.spotrac.com/nfl/kansas-city-chiefs/cap-hit/

http://www.chiefsplanet.com/BB/showthread.php?p=8385082#post8385082
Chiefs have 87m due to players in 2012 cap is gonna be 120 to 125m and they rolled over atleast 24m.



so doesnt that mean the Chiefs have 144 million in cap then? And thus 144-87 is about ~57 million in space

if they rolled over 20 million their cap number goes up from 120 to 125m (whatever it is set at) for 2012. Thus the space is closer to 60 million

[ShowtimeSBMVP]

http://sportsillustrated.cnn.com/2012/writers/peter_king/02/19/king.free.agents/1.html

chiefs 62m




Six teams have more than $40 million in cap room available entering the start of the league year three weeks from now. The richest squads are listed to the right.

What's the one position five of those teams -- all but Cincinnati -- have in common? A need at receiver (considering Dwayne Bowe, if the Chiefs lose him, will leave a hole at wideout for Kansas City). Which is good for a restricted free agent like Mike Wallace, who could get an offer the Steelers won't be able to match because of their cap problems this winter, and for unrestricted free agents like Vincent Jackson, Stevie Johnson, Brandon Lloyd and maybe an under-the-radar guy like Robert Meachem of the Saints. I don't expect Wes Welker to leave New England, but if he does, that'll add to the free-agent mayhem.

Having said that about Welker, if I'm Bucs GM Mark Dominik, Welker agent David Dunn is my first phone call out of the box on March 13. Welker's just what Josh Freeman needs.

But I wouldn't be surprised if the Bucs and Chiefs each steer clear of Welker. Something Bill Parcells passed down to Bill Belichick about steering clear of each other's free agents; Parcells needed a kicker in Dallas when Adam Vinatieri was free, but he wouldn't touch him. I'm not sure about it, but I wouldn't be surprised to see Scott Pioli and Belichick disciple Greg Schiano take a hands-off approach with Welker.


Read more: http://sportsillustrated.cnn.com/2012/writers/peter_king/02/19/king.free.agents/index.html#ixzz1mwRUjsH0

[keg in kc]

I have a hard time believing that we only have $37M in cap space when we didn't use - and rolled over - around $27M in 2011 space.

I'm gonna believe guys like Schefter over Teicher on this one.I looked back at the link of salaries and he apparently included the rollover in his calculations.The NFL has yet to set a team salary cap for 2012, but teams are expecting it to be about the same as last year: $120,375,000. The Chiefs also have $24,014,337 they didn’t use against their 2011 cap that they can use in 2012. So the Chiefs’ adjusted salary cap for 2012 is $144,389,337.

Subtracting total salary cap obligations of $107,009,195 (explained below), that leaves the Chiefs with $37,380,142 of available cap room. The top 51 cap numbers count against the salary cap.I find it harder to argue against his numbers because he's actually laid-out the individual salary and bonus numbers (I linked that back near the start of the thread). Maybe his numbers are off; a few years ago you could actually verify that information on the nflpa website, at least the base salary numbers, but I don't think that you can anymore.

So basically what we're talking about is national media giving a number with no details versus local media giving a numbers with detailed salary information. I'm no fan of Teicher in a general sense, but he appears to be the one who's done the due diligence.

[the Talking Can]

with only $40 mill to spend, I worry we may not resign McClain....

[stonedstooge]

with only $40 mill to spend, I worry we may not resign McClain....

Might have to put the franchise tag on Sabby to keep him

[qabbaan]

The Chiefs should take a lesson from the guys across the parking lot and pay some young players.

[whoman69]

If you just added up BASE salaries the Chiefs come out with $80M with a cap of $120M and rolling over $20M they have $60M. Now add all of the bonuses and escalators guys like Jackson and Dorsey got.

The figures from the earlier post already include bonuses. I think the Chiefs are trying to put out this lower number so they don't look cheap when they don't spend again.

[the Talking Can]

$40 mill wasn't enough to sign Carr...need more austerity

[loochy]

OK so what's our number now if you add in the Routt monies?

[ShowtimeSBMVP]

OK so what's our number now if you add in the Routt monies?

Routt is getting 6m in 2012 from the chiefs.

[Mr_Tomahawk]

nick wright @getnickwright
On #Chiefs cap room: right now KC has $63M, once league year starts & guys get bonuses it will be $37M, still at/near most in NFL.

[the Talking Can]

OK so what's our number now if you add in the Routt monies?

like 400 jillion

[Simplicity]

SIGN SABBY!!!!!!!!!!!!!!!!!!!!!!!!!!!! Oh wait.... Never mind.

[notorious]

Just enough to sign Payton.

[BigMeatballDave]

http://randomwebsite.com

LOL

[Brock]

nick wright @getnickwright
On #Chiefs cap room: right now KC has $63M, once league year starts & guys get bonuses it will be $37M, still at/near most in NFL.

So, Teicher is right.

[ShowtimeSBMVP]

So, Teicher is right.

yup its down to 31m with routt

[stonedstooge]

yup its down to 31m with routt

Then your chart you posted this morning in this thread is wrong, if you consider the amount below the cap for the next year and the carryover cap monies from last year

[whoman69]

OK so what's our number now if you add in the Routt monies?

"Nothing," said Scott Pioli. "We barely have enough to sign Pokey the Clown to compete at QB with Cassel and sign our rookies. Whew! What an off-season!"