How do the recent cuts affect the cap? - New England Patriots Forums

Patspsycho · 10-20-2009, 11:53 AM

With this flurry of cuts prior to the trade deadline, how much cap space did we actually clear up, if any?

Patspsycho · 10-20-2009, 12:08 PM

Quote:

Originally Posted by Patspsycho

With this flurry of cuts prior to the trade deadline, how much cap space did we actually clear up, if any?

PFT's Florio answers that exactly $2.87 million has been cleared up.

Mack Herron · 10-20-2009, 12:16 PM

Quote:

Originally Posted by Patspsycho

PFT's Florio answers that exactly $2.87 million has been cleared up.

But not if they re-sign Alexander and TBC, right?

Synovia · 10-20-2009, 12:17 PM

Quote:

Originally Posted by Patspsycho

PFT's Florio answers that exactly $2.87 million has been cleared up.

I'll believe that when Reiss (or miguel) says something. Florio is wrong more than hes right.

Anyone know exactly how the guaranteed vet salaries work with regards to the cap? (I know if you're on the roster on week 1, and on vet min, the salary is guaranteed)

***JSn*** · 10-20-2009, 12:20 PM

Quote:

Originally Posted by Mack Herron

But not if they re-sign Alexander and TBC, right?

Right, unless they resign them AFTER trading for a player and restructuring THAT contract.

***MoLewisrocks*** · 10-20-2009, 12:22 PM

Quote:

Originally Posted by Synovia

I'll believe that when Reiss (or miguel) says something. Florio is wrong more than hes right.

Anyone know exactly how the guaranteed vet salaries work with regards to the cap? (I know if you're on the roster on week 1, and on vet min, the salary is guaranteed)

The guaranteed vet salaries remain on the cap, period. We also paid Joey a signing bonus so his cap hit alone is $1.75M. TBC and Alexander were on veteran minimum deals. Matthews signed after week 1 so his deal was not guaranteed and he only counts for the weeks he was here. I think the figure Florio is reporting is likely dead cap, only he doesn't know what that is... It doesn't come off anything, it's sunk cost and it's paid.

spacecrime · 10-20-2009, 12:27 PM

Quote:

Originally Posted by JSn

Right, unless they resign them AFTER trading for a player and restructuring THAT contract.

Could you elaborate on this? I don't understand what you are getting at. Are you saying that if they trade for a player, say Branch, and then resign TBC, the rules are different than if they resign TBC before trading for Branch.

NOTE: I am not suggesting trading for Deion, I dislike him immensely. Just using him as an example.

***JSn*** · 10-20-2009, 12:31 PM

Quote:

Originally Posted by spacecrime

Could you elaborate on this? I don't understand what you are getting at. Are you saying that if they trade for a player, say Branch, and then resign TBC, the rules are different than if they resign TBC before trading for Branch.

NOTE: I am not suggesting trading for Deion, I dislike him immensely. Just using him as an example.

Maybe my hat is too tight. And I include that I'm guessing.

What I'm saying is that if any of these cuts clear space somehow, you use that space to trade for a guy who costs more than you could afford before you cut the guys. You then restructure the new player's deal to reduce his cap hit, and THEN when you have the cap space back, re-sign the guys.

If I'm wrong, I guess I could post a shame avatar. Just trying to make sense of this nuttiness. These moves happening at THIS TIME mean SOMETHING. Like MAYBE my CAPS LOCK button is STICKING.

jarnhestur · 10-20-2009, 12:39 PM

Quote:

Originally Posted by JSn

Maybe my hat is too tight. And I include that I'm guessing.

What I'm saying is that if any of these cuts clear space somehow, you use that space to trade for a guy who costs more than you could afford before you cut the guys. You then restructure the new player's deal to reduce his cap hit, and THEN when you have the cap space back, re-sign the guys.

If I'm wrong, I guess I could post a shame avatar. Just trying to make sense of this nuttiness. These moves happening at THIS TIME mean SOMETHING. Like MAYBE my CAPS LOCK button is STICKING.

I agree. It's the only move that makes sense. Someone is coming from an opposing team who is tight up against the cap and can't restructure the deal themselves (or won't). Either that, or Belichick is just havin' a bit of fun with us.

***JSn*** · 10-20-2009, 12:42 PM

Quote:

Originally Posted by jarnhestur

I agree. It's the only move that makes sense. Someone is coming from an opposing team who is tight up against the cap and can't restructure the deal themselves (or won't). Either that, or Belichick is just havin' a bit of fun with us.

My theory is taking on water. TBC already re-signed. hmph!