League/NFLPA scrambling to increase Salary cap

[Aßßynormal]

True. But let's say they increase the salary cap by $20 million (I'm throwing a number out there). The Pats would then have plenty of money (around $50 million) to re-sign Welker, add Lloyd, and then sign Mario Williams.

Except the additional money will have to come from somewhere. If it doesn't come from a reduced contribution to Player Benefits (by %) than it comes out of the owners pockets. If it is an allowed loan against the 2014 cap, then it comes out of the owners pockets until it can be repaid in 2014 (less "interest", of some kind, paid by the owners).

This doesn't benefit the Patriots, the $2 teams benefit far more than $10 teams. I'm, also, not sure Kraft wants to dig into his pocket for an extra $20 million, especially on short notice. Further, the Patriots success coupled with frugality shouldn't be reduced by allowing Pittsburgh and the Jets to survive over-spending (Jets) or a closed window due to age (Pittsburgh). Both the Jets and Pittsburgh would be financing themselves into future mediocrity by reducing their future years ability to spend money relative to teams who don't borrow from 2014. This assumes that the 2014 cap will be borrowed against in the first place. It's a bad idea. Let them go through a Team managed, and temporary, austerity program. Take their lumps and move on, for them it's a Correction.

As for the players, in general, they negotiated this in fair way and should live with it. That said, I would favor a few million dollar adjustment, in good faith, to the benefit of the players. I'm not sure they would reciprocate if the tables were turned. Just forget about a $20 Million adjustment though.

 

[PatsWickedPissah]

I don't think an extra $20M is what they're considering. Far less.

 

[Aßßynormal]

Hold on, aren't the Jets babbling about Peyton Manning?

I'm just going to throw up.

 

[Aßßynormal]

I don't think an extra $20M is what they're considering. Far less.

I hope that's right, I can't imagine otherwise.

 

[MoLewisrocks]

Still no word on the actual cap, but Oakland has begun it's digging out from over (by upwards of $28M) process by restructuring Seymour and Huff. Saving $11M on their 2012 cap by adding ever more years onto those deals. Seymour is now signed through 2016 (age 36) with a cap hit of $8.8M in 2012 but cap hits in excess of $19M in 2013-2015 and $17M+ in 2016 because the restructures just converted salary to bonus to spread the hit. Which of course means they will be doing this again in 2013 if he remains. All his future salaries are $15M so it looks like they have already managed to dump $12M into dead cap over the next 4 years which will make it ugly when they do part. In case anyone is still mourning Richard and wondering why we flipped him for a first when we could rather than keeping him... And for Super Mario contract calculation purposes, that makes Richard's 2 year $30M deal actually a 5 year $75M deal...at age 32.

 

[ATippett56]

Teams still don’t know the 2012 cap number | ProFootballTalk

 

[BradyFTW!]

True. But let's say they increase the salary cap by $20 million (I'm throwing a number out there). The Pats would then have plenty of money (around $50 million) to re-sign Welker, add Lloyd, and then sign Mario Williams.

If the cap were to randomly increase by $20M, and every team suddenly had >$20M in cap room, then the salary cap version of hyperinflation would be expected.

 

[MoLewisrocks]

If the cap were to randomly increase by $20M, and every team suddenly had >$20M in cap room, then the salary cap version of hyperinflation would be expected.

Which is why it likely won't go up that much even in 2014. It went up $16M I think in 2006 after the new CBA was signed and we all know what that led to. They will likely find a formula that phases in the TV increase.

Eli restructured to help the champs get to the imaginary cap. Of course that will make his cap hits going forward upwards of $20M so they will be in the same boat next season... They also still need more room if they want to add anyone in FA or extend any of their own.

Always reminds me of my old battles with the credit cards... Thank god they invented debit cards... I no longer spend imaginary money hardly at all and find living within my means isn't a bad thing...

 

[Deus Irae]

Official 2012 salary cap numbers set to be released to teams by Friday and possibly by end of day today. Will be close to the $120M from '11

Twitter / Jason La Canfora: Official 2012 salary cap n ...