Originally Posted by Nightfyre
All figures are in 000’s
Big Decisions:
Alex Smith (Trade/Restructure/Stay the Course) Cap Savings: Variable
Trade: Would a team like the Bills be open to trading for Alex Smith and what would be his approximate value? I would bet we could get their second round pick. This opens up a hole at QB, but that could be addressed by trading up for Winston/Mariota or taking a chance on Nick Foles/RGme/Johnny Football, all of whom seem to have worn out their welcome with their respective teams and would come at nominal salary values.
Restructure: This is what Alex Smith is hoping for.
If we keep Alex Smith, he becomes impossible to cut until 2017 with cap hits of 2015 (15,600); 2106 (17,800);2016 (16,900) then assuming he is cut in 2017 (7,200M).
If we cut him before 3/12/15, we will take 25,300 hit against the cap this year. If we designate him a June 30 cut and cut him before 3/12/15, (I think) we take cap hits as follows: 2015(14,500) and 2016 (10,800)
I vote for trading him if you can get anyone to take him.
Dwayne Bowe (Trade/Cut/Restructure/Stay the Course) Cap Savings: 5,000 if cut or restructured
Bowe’s 2015 Base salary is currently 10,750. He faces losing all of that, and two year of 9,750 in base salary. I expect that you could actually convince Bowe to restructure as follows, provided you gave him a 4,000 signing bonus instead of trading him to the Browns:
Year Salary/SBon/Cap Hit
2015 5,000/4,000/9,000 (All gty’d)
2016 5,000/4,000/9,000 (All gty’d)
2017 5,000/4,000/9,000 (Cap savings if cut: 4,000)
2018 5,000/1,000/6,000 (Cap savings if cut: 5,000)
Cap savings by year(restructure/cut):
2015 (5,000/5,000); 2016 (4,000/13,000); 2017 (4,000/13,000) 2018 (-1,000/0)
So we keep Bowe at 9,000 per year, he takes a pay cut but takes home 4,000 today and gets more guarantees. And we save just as much on the cap this year.
Tamba Hali (Trade/Cut/Restructure/Stay the Course) Cap Savings: 9,000 if cut, 8,298 if restructured
Tamba is a tough call because he is such an amazing chief off the field. He is a prime restructure candidate, and I would offer him this offer to keep him in KC. It might be a tough sell, but otherwise, I would trade/cut him. He has clearly lost a step.
2 year, 11,000 extension - convert 5,750 in salary and 2,250 roster/workout bonus to 8,000 signing bonus
Year Salary/SBon/Cap Hit
2015 1,000/2,667/3,667
2016 1,000/2,667/3,667
2017 1,000/2,667/3,667
Derrick Johnson (Cut/Restructure/Stay the Course) Cap Savings: 5,250 if cut, 2,750 if restructured
We missed DJ sorely last year, but the question remains: will he be as effective or fast after that Achilles injury? I would treat his extension different than Hali’s.
A 2 year extension, convert 1,250 in roster/workout bonuses and 3,000 in salary to signing bonus plus another 250 for a total of 4,500 in signing bonus. Then I give him roster bonuses of 2,000 for 2016 and 2017.
Year Salary/SBon/RBon/Cap Hit
2015 1,000/1,500/0000/2,500 (Fully guaranteed)
2016 1,000/1,500/2,000/4,500 (Cap savings if cut: 1,500)
2017 1,000/1,500/2,000/4,500 (Cap savings if cut: 3,000)
Mike Devito (Cut/Restructure/Stay the Course) Cap Savings: 4,000
Cut. We missed him in the run game, but he is simply not worth the risk and we have paid Bailey, and will extend Vickerson at a lower rate.
Sean Smith (Extend)Cap Savings: 4,350
A 3 year extension, totaling 32,000 over four years - convert 3,250 in salary and 1,250 in roster/workout bonuses to signing bonus plus another 5,100 in signing bonus for a total signing bonus of 9,600.
Year Salary/SBon/RBon/Cap Hit
2015 1,000/2,400/0000/3,400 (Fully Gty’d)
2016 7,133/2,400/0000/9,533 (Cap Savings if cut: 2,333)
2017 5,133/2,400/2,000/9,533 (Cap savings if cut: 4,733)
2018 5,133/2,400/2,000/9,533 (Cap savings if cut: 7,133)
Moderate Decisions:
AJ Jenkins (Cut/Stay the Course) Cap Savings: 1,337
Jenkins is a super talented guy that just never reached his potential. Cut.
Mike Catapano (Cut/Stay the Course) Cap Savings: 576
Stay the course. He is a cheap body.
Sanders Commings (Cut/Stay the Course) Cap Savings: 464
Stay the course. He is a cheap body.
Cyrus Gray (Cut/Stay the Course) Cap Savings Cap Savings: 668
Stay the course. He is a cheap body.
Easy Decisions:
Chase Daniel (Trade/Cut) Cap Savings: 3,800
Whether you trade or cut him the cap impact is the same. You might be able to get a mid-round pick from a team for him.
Donnie Avery (Trade/Cut) Cap Savings: 3,550
I doubt there would be any takers on a trade for Avery.
Joe Mays (Trade/Cut) Cap Savings: 3,000
I doubt there would be any takers on a trade for Mays.
Anthony Fasano (Trade/Cut) Cap Savings: 1,975
I doubt there would be any takers on a trade for Fasano.
Frank Zombo (Trade/Cut) Cap Savings: 770
I doubt there would be any takers for a trade for Zombo.
Reality:
Donald Stephenson (Cut) Cap Savings: 685
Donald Stephenson has worn out his welcome with this coaching staff and administration. He will be cut.
Eric Berry (Settlement) Cap Savings: 5,455
While we still must take the cap hit for the signing bonus, the injury settlement will remove the salary burden off the cap.
Free Agents:
ERFA/RFA: Assume all ERFA, RFA are signed to minimum deals and given the opportunity to compete for a roster spot.
UFA:
Re-sign for sure:
Justin Houston
6 Years, 93,000 Extension, 18,000 signing bonus, first two years salary guaranteed (43,000 total guarantees)
Year Salary/SBon/Cap
2015 12,500/3,000/15,500 (fully gty’d)
2016 12,500/3,000/15,500 (fully gty’d)
2017 12,500/3,000/15,500
2018 12,500/3,000/15,500
2019 12,500/3,000/15,500
2020 12,500/3,000/15,500
Rodney Hudson
6 years, 36,000 extension, 12,000 signing bonus, 1,000 salary guaranteed (the Jason Kelce deal)
Year Salary/SBon/Cap
2015 4,000/2,000/6,000
2016 4,000/2,000/6,000
2017 4,000/2,000/6,000
2018 4,000/2,000/6,000
2019 4,000/2,000/6,000
2020 4,000/2,000/6,000
Contemplate:
Ron Parker
I would bring Parker back at vet minimum or not at all.
Kevin Vickerson
3 years, 6,000 extension, 1,500 signing bonus.
Year Salary/SBon/Cap
2015 1,500/500/2,000
2016 1,500/500/2,000
2017 1,500/500/2,000
Thomas Gafford
Let him walk. He is not worth the veteran minimum of 870 he will command. We should be able to find an UDFA as a viable alternative.
Kurt Coleman
Resign 1 year, 745 extension
Joe McKnight
Resign 1 year, 730 extension
Jason Avant
Let him walk. He is not worth the veteran minimum of 870 he will command.
Let walk for sure:
Jeff Linkenbach
Chris Owens
Josh Mauga
Ryan Haris
Richard Gordon
Summary of expected changes:
+1,200 Trade Alex Smith
+5,000 Restructure Dwayne Bowe
+8,298 Restructure Tamba Hali
+2,750 Restructure Derrick Johnson
+4,000 Cut Mike Devito
+1,337 Cut AJ Jenkins
+3,800 Cut/Trade Chase Daniel
+3,550 Cut Donnie Avery
+3,000 Cut Joe Mays
+1,975 Cut Anthony Fasano
+770 Cut Frank Zombo
+685 Cut Donald Stephenson
+5,455 NFI Eric Berry
+4,350 Extend Sean Smith
46,170 Total Savings
-15,500 Resign Justin Houston
-6,000 Resign Rodney Hudson
-2,000 Resign Kevin Vickerson
-745 Resign Kurt Coleman
-730 Resign Joe McKnight
24,975 Total Cost of Extensions
2015 Salary Cap: 140,200
Plus 2014 Carryforward: 1,102
Active Contracts: 142,433
Dead Money: 5,357
Current Cap Position: (6,488)
Plus: Total Savings: 46,170
Minus: Cost of Extensions: 24,975
Minus Rookie Contract Pool: 6,500
Net Cap Space: 8,207
NOTE: Please feel free to address any inaccuracies. I have reviewed this, but certainly another set of eyes may catch something I missed.
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