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Post by JetBidi on Mar 11, 2015 13:40:48 GMT -5
Thought this deserved it's own thread since cap discussions have been spread out over like 3-4 threads. Current cap (not setting aside around $6M for the draft and not including Brewer, Hilliard, Lattimore, and Ridley cap hits): $8.4M Current cap (setting aside around $6M for the draft and still not including Brewer, Hilliard, Lattimore, and Ridley cap hits): $2.3M Estimated left over cap: $8.4M - (Brewer, Hilliard, Lattimore, and Ridley cap hits) Link: www.spotrac.com/nfl/new-york-jets/cap/EDITED: 4/13/15 @ 12:35 PM Now reflects all signings except Brewer, Hilliard, Lattimore, and Ridley
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Post by jett on Mar 11, 2015 13:51:37 GMT -5
Thought this deserved it's own thread since cap discussions have been spread out over like 3-4 threads. $19.8M taking into account all signed players (except Carpenter and Skrine) and setting aside $6M for the draft. Carpenter + Skrine could count as much as $11.25M against the cap, but probably more like $4M each. Estimated left over cap: $8.55M - $11.8M We spent a lot of money, but we had to. I read somewhere next year we should have around 35-40 million to sign the likes of Sheldon, Demario, and Wilk and if don't sign him this season. I could see Harrison leaving but I would really want to resign him as well.
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Post by Sonny Werblin on Mar 11, 2015 13:52:01 GMT -5
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Post by JetBidi on Mar 11, 2015 13:54:21 GMT -5
We spent a lot of money, but we had to. I read somewhere next year we should have around 35-40 million to sign the likes of Sheldon, Demario, and Wilk and if don't sign him this season. I could see Harrison leaving but I would really want to resign him as well. I definitely think it was money well spent. Addressed several issues facing this team. Allows us to go BPA in the draft and like you said allows us to re-sign our guys with next years cap. I say sign Cro and Gilchrist and maybe a blocking TE or backup OL and call it a very successful FA.
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Post by joepnyj1 on Mar 11, 2015 13:56:40 GMT -5
So the money counted against the cap to sign Mo would be the difference of what he mkes no and his new dollar figure right?
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Post by JetBidi on Mar 11, 2015 13:56:44 GMT -5
That's what I was working off of. Should've posted the link. Edited now. Thanks.
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Post by TokyoJetsFan on Mar 11, 2015 14:03:42 GMT -5
Just wondering...did we ever hire anyone to help mike m with the cap side of the biz?
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Post by sadface on Mar 11, 2015 14:05:55 GMT -5
Just wondering...did we ever hire anyone to help mike m with the cap side of the biz? rod graves was retained for this
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Post by jcappy on Mar 11, 2015 14:12:28 GMT -5
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Post by JetBidi on Mar 11, 2015 14:20:57 GMT -5
That article says it doesn't include Powell, Carpenter or Skrine. It also doesn't include Fitzpatrick or the draft either. The numbers in my original post are up to date (except Carpenter and Skrine who's cap hits are unknown and estimated) and factors in the draft.
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Post by JetBidi on Mar 11, 2015 14:22:34 GMT -5
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ag3
New Member
Posts: 18
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Post by ag3 on Mar 11, 2015 14:24:41 GMT -5
How can the Jets afford Gildchrist and Cromartie then? Both are likely $5-$7 mil a year players and it sounds like we are about to land them.
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Post by choon328 on Mar 11, 2015 14:28:30 GMT -5
Wilkerson won't get extended this off-season. Especially since Woody laid out a ton of money this off-season in signing bonuses. And he doesn't need to extend him this year. They still have the franchise tag available to them next season but ultimately the cap is supposed to go up $10 million next year and the Jets will have to spend a bunch of cash next off-season as well. I can see the Jets restructuring a few contracts to get more cap room this off-season to bring in another HB, S, CB, OL, Kenrick Ellis?. Here are some guys they can restructure or extend:
Marshall: Turn $6.5 million from his base salary to a signing bonus. Saves $4 million off the cap this year and is still cuttable after 2 years.
DBrick: Something will be done to lower his cap number over the next 3 years. It's $11 million, $14 million, $14 million
Cumberland: Cut him save $1.9 million.
Jarrett/Allen: Cut one of these two save $1.5 million
Walls: Cut and save $1.075 million
All these moves (except DBrick) would save $7.6 million against this years cap. All guys could be replaced by internal candidates or draft selections.
Not to mention that I'm sure every deal, besides the Revis deal, that the Jets made is back loaded as far as base salaries go to give us more room this year.
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Post by JetBidi on Mar 11, 2015 14:32:28 GMT -5
How can the Jets afford Gildchrist and Cromartie then? Both are likely $5-$7 mil a year players and it sounds like we are about to land them. Just because they'll get $5M - $7M each, doesn't mean that's their cap hit. It all depends on how the contract is structured. Also, we can still make additional cuts.
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Post by Lithfan on Mar 11, 2015 14:33:11 GMT -5
Wilkerson won't get extended this off-season. Especially since Woody laid out a ton of money this off-season in signing bonuses. And he doesn't need to extend him this year. They still have the franchise tag available to them next season but ultimately the cap is supposed to go up $10 million next year and the Jets will have to spend a bunch of cash next off-season as well. I can see the Jets restructuring a few contracts to get more cap room this off-season to bring in another HB, S, CB, OL, Kenrick Ellis?. Here are some guys they can restructure or extend: Marshall: Turn $6.5 million from his base salary to a signing bonus. Saves $4 million off the cap this year and is still cuttable after 2 years. DBrick: Something will be done to lower his cap number over the next 3 years. It's $11 million, $14 million, $14 million Cumberland: Cut him save $1.9 million. Jarrett/Allen: Cut one of these two save $1.5 million Walls: Cut and save $1.075 million All these moves (except DBrick) would save $7.6 million against this years. All guys could be replaced by internal candidates or draft selections. If we take an edge rusher in the draft, then Babin and/or Pace become expendable. I think Pace would save us about $2.5MM and Babin about another $1.5MM. As you point out -- there is still flexibility to add some cap room if we need it. I would be shocked if both Babin and pace are on the roster in September.
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