A Slow Day - Let's Consider The Cap

[mgteich]

Where are we getting cap money, or are we essentially done except for signing a LT and the normal Ster and DB or two?
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We have about $10M in cap space.

We need about $10M for rookies, players put on IR in camp, Player 52, Player 53, roster incentives and in-season IR and replacements.

Sure, we can extend Allan and Gostkowski to free up a bit of money to sign Fleming/Waddle and a minor free agent or two. BTW, a strategy often used is to turn salary into bonus during a current contract. Miguel has pointed out that Belichick has done this only ONCE. Belichick does front load contracts (wth a low first year cap), but as part of an extension.
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[ctpatsfan77]

We need about $10M for rookies, players put on IR in camp, Player 52, Player 53, roster incentives and in-season IR and replacements.

Roster incentives are already on the cap to the extent they were earned in 2017, and NLTBE incentives just "borrow" against 2019 if necessary.

 

[mgteich]

Roster incentives are already on the cap to the extent they were earned in 2017, and NLTBE incentives just "borrow" against 2019 if necessary.

Miguel can clear this up, if he would.

I believe that in-season game roster bonuses are included in the current year. Other incentives are included or not, depending on whether they are LTBE or not.

 

[NG Pats Fan]

Suh?

 

[Clonamery]

Suh?

If you’re holding your breath, then you’ll be blue for Suh.

 

[maineman209]

Suh?

WRT "comps", the Suh situation is more closely related to "compazine" than "compensatory". As in, you might want to start dosing yourself sooner rather than later.

 

[Urgent]

As Miguel has tutored us in the past, you don't need additional cap for the rookies. In fact, often it's a negative cap impact.
If, for example, a rookie tight end replaces Dwayne Allen, you still have 53 players but your second tight end cost goes from $5mm to $1mm.

You do need ~$1mm for the practice squad.

You can look at IR two ways. Just the cap cost of Julian Edelman and Shea McLellin was over $10mm last year. So you need at least $10mm just for that! But it's really the replacement cost you need to account for - players you could acquire in-season to replace players lost to injury. So then you are looking more at players like Dorsett and Marquis Flowers.

 

[mgteich]

Can someone find Miguel's advice on 2018.

In the past, he/we have estimated form $6M - $12M to be set aside for the various needs.

As Miguel has tutored us in the past, you don't need additional cap for the rookies. In fact, often it's a negative cap impact.
If, for example, a rookie tight end replaces Dwayne Allen, you still have 53 players but your second tight end cost goes from $5mm to $1mm.

You do need ~$1mm for the practice squad.

You can look at IR two ways. Just the cap cost of Julian Edelman and Shea McLellin was over $10mm last year. So you need at least $10mm just for that! But it's really the replacement cost you need to account for - players you could acquire in-season to replace players lost to injury. So then you are looking more at players like Dorsett and Marquis Flowers.

 

[IllegalContact]

Connor Barwin is available

 

[Hyped]

Suh?

Latest word is that the Titans might "over pay" him.....per PFT this AM...

 

[WaterfallJumper]

I hate quoting Volin, but this is a pretty neat look at cap implications of FA acquisition and losses. I wonder if he thought of it himself, or if he's just stealing an intern's good idea?

 

[maineman209]

Can someone find Miguel's advice on 2018.

In the past, he/we have estimated form $6M - $12M to be set aside for the various needs.

IIRC, the Pats entered 2017 Camp with considerably more than $10M in cap space. In fact, it may have been just enough to actually franchise JG in 2018 and still have some cap space left for other needs.

Then, the injuries started piling up.

By the end of the 2017 regular season, the Pats were down to $3M in cap space, and some incentive bonuses had already eroded some 2018 cap space.

 

[maineman209]

I hate quoting Volin, but this is a pretty neat look at cap implications of FA acquisition and losses. I wonder if he thought of it himself, or if he's just stealing an intern's good idea?

There's always an intermediary between Volin and "good idea."

 

[maineman209]

In the spirit of "slow day", but apropos of nothing football-related ...

 

[maust]

There's always an intermediary between Volin and "good idea."

There's always at the very least 'an' intermediary, usually several.
There was another cap thread started this morning by the same OP. In it I quoted one of Miguel's posts and asked about the possibility of a running cap thread, not unlike the FA thread, that he and others might contribute to. Since the subject comes up constantly there and elsewhere what do folks think of the idea?

 

[maineman209]

There's always at the very least 'an' intermediary, usually several.
There was another cap thread started this morning by the same OP. In it I quoted one of Miguel's posts and asked about the possibility of a running cap thread, not unlike the FA thread, that he and others might contribute to. Since the subject comes up constantly there and elsewhere what do folks think of the idea?

Wait! THIS isn't it?

Sh*t! Did I wander into the wrong room ... again?!

Which reminds me ... where's the damn beer? I was told there would be frosty beverages!

 

[maust]

Which reminds me ... where's the damn beer? I was told there would be frosty beverages!

Uh, the frosty beverages are like 'the cake'

 

[maineman209]

Uh, the frosty beverages are like 'the cake'

Works for me! I've always liked to have my cake and drink it, too.