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Re: Tick Tick Tick 72 hours until free agency
This is another unusual offseason since teams do not know what the cap # will be less than 72 hours before FA... The league has apparently promised they will have the number to teams by Monday.
Apparently the problem arose when revenue wasn't up but benefit costs were. The cap formula calculates total cap including benefits based on revenue in the previous season. Last year it was $142M with almost $22M earmarked for benefits. If it is even $142M again and the cost of the benefits has risen, as is the case most everywhere in the real world, then the SALARY cap would have to go down or the benefits would have to be trimmed...
Teams are also said to be increasingly concerned about what this bodes for 2013 ergo some are reluctant to commit contract dollars until they know what the cap landscape is going to be...
They are still not even sure what the franchise tag amounts actually are, nor do they have better than guesstimates on RFA tender amounts.
This is another unusual offseason since teams do not know what the cap # will be less than 72 hours before FA... The league has apparently promised they will have the number to teams by Monday.
Apparently the problem arose when revenue wasn't up but benefit costs were. The cap formula calculates total cap including benefits based on revenue in the previous season. Last year it was $142M with almost $22M earmarked for benefits. If it is even $142M again and the cost of the benefits has risen, as is the case most everywhere in the real world, then the SALARY cap would have to go down or the benefits would have to be trimmed...
Teams are also said to be increasingly concerned about what this bodes for 2013 ergo some are reluctant to commit contract dollars until they know what the cap landscape is going to be...
They are still not even sure what the franchise tag amounts actually are, nor do they have better than guesstimates on RFA tender amounts.