Chris Henrys Dealer Posted March 5, 2008 Report Share Posted March 5, 2008 [url="http://www.bengals.com/news/news.asp?story_id=6674"]http://www.bengals.com/news/news.asp?story_id=6674[/url] [quote]The Bengals may bring in Bills veteran Larry Triplett to take a look at him, but would they pay him or a guy like him something like a $1 million bonus if they're going to draft one or two tackles? In fact, they'll probably use a lot of discretion in signing any position. And not just because punter Kyle Larson's five-year deal counts about $1.5 million under this year's salary cap, [b]leaving them about $4 million to spend[/b].[/quote] $4 million to spend? He must be talking about some sort of internal team limit, because there is no way, with the moves we made Odom, Larson, Jones, Andrews, we've used the $30 odd million under the cap we had going into FA. Any Cap experts if you could please weigh in. On another board I check out, our resident cap guru said: [quote]He must be talking about some kind of self-imposed free agency spending limit, because there's almost no way they could feasibly have eaten up all of the cap room they had available. No way. Not if they paid out every penny of Odom's guaranteed money as a first-year roster bonus would they be down to so little actual cap space... not even factoring in big buffers for the draft and in-season injuries and whatnot.[/quote] Bloody Hobson! Link to comment Share on other sites More sharing options...
|Tigers Johnson| Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Chris Henrys Dealer' post='640214' date='Mar 5 2008, 08:55 AM'][url="http://www.bengals.com/news/news.asp?story_id=6674"]http://www.bengals.com/news/news.asp?story_id=6674[/url] $4 million to spend? He must be talking about some sort of internal team limit, because there is no way, with the moves we made Odom, Larson, Jones, Andrews, we've used the $30 odd million under the cap we had going into FA. Any Cap experts if you could please weigh in. On another board I check out, our resident cap guru said: Bloody Hobson![/quote] It's all propaganda..he does it every year. Link to comment Share on other sites More sharing options...
gatorclaws Posted March 5, 2008 Report Share Posted March 5, 2008 yup.. hobnob is an idiot. I think phatcat worked out the numbers and we had around $16 mill to spend on free agents. I assume we've got around $10 mill left to spend this year. Link to comment Share on other sites More sharing options...
Who Dey Time Posted March 5, 2008 Report Share Posted March 5, 2008 While I'm certainly not a cap expert (Phatcat can handle those duties) $4 million isn't a huge stretch considering: Signed Jones, Chatman, Larson, Odom, the dude from Canada (forget his name). That's five guys right there - I'll estimate that those signings take away about 12-15 million of cap space. Then consider that our rookie pool will be much higher in 2008 because we could have up to 11 draft picks with the compensatory picks. If the rookie pool is 5-8 million that takes us to anywhere from 17-23 million used up. If I remember correctly we had about 30 million of cap room so that leaves us (under my very basic calculations) with anywhere from 7-13 million left. So Hobknob saying 4 million is that big of a reach. Link to comment Share on other sites More sharing options...
oldschooler Posted March 5, 2008 Report Share Posted March 5, 2008 I read the other day that the Bengals had alloted $12 million for Free Agency. Since Odom will be taking about $6 million this year, then that left $6 million. Link to comment Share on other sites More sharing options...
Bengals1181 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Chris Henrys Dealer' post='640214' date='Mar 5 2008, 08:55 AM'][url="http://www.bengals.com/news/news.asp?story_id=6674"]http://www.bengals.com/news/news.asp?story_id=6674[/url] $4 million to spend? He must be talking about some sort of internal team limit, because there is no way, with the moves we made Odom, Larson, Jones, Andrews, we've used the $30 odd million under the cap we had going into FA. Any Cap experts if you could please weigh in. On another board I check out, our resident cap guru said: Bloody Hobson![/quote] yea we had $30million coming into free agency, but we set 5-6million of that aside for the draft, 2-3 aside for injuries, and then Stacey is taking up 7.5million of it. Hobson last week reported we had about $16million to spend in free agency. Odom got 6 of it, Larson 1.5, Dhani? Have we signed anyone else? By my guess, we probably have somewhere in the $7-8million left. Which may change if Stacey gets a deal done, and if we see some veteran cuts. Link to comment Share on other sites More sharing options...
Ochosucko Posted March 5, 2008 Report Share Posted March 5, 2008 Now cut Thornton and you are back up around $11-12 million, and if you can work out a long term deal with Stacy Andrews that could save the Bengals another $2million- $3million on this years cap. I still think the Bengals can get Robertson. The guy is in a tough position. He has got to know the Jets are going to cut him if he doesn't restructure his contract in order to make a trade work, and there is no team out there that will be willing to take on his current salary. Robertson is just costing himself money if he doesn't get a new contract worked out soon and make himself more trade worthy. Link to comment Share on other sites More sharing options...
Phatcat Posted March 5, 2008 Report Share Posted March 5, 2008 The current salary cap update has us at ~16MM under the cap (this includes Andrews Franchise Tender). Also this number includes all the buffers that the Bengals put in for Practice Squad, Incentives, Offseason pay, and Injuries. I have not seen the base salary numbers yet for Larson, Dhani, and Odom but from what I've seen and having a good feel for how the Bengals structure contracts I would estimate the following cap hits for 2008: Larson: $1.5MM Dhani: $2MM Odom: $4.5MM So the cost of these signings is ~$8MM. Bringing the cap space down to $8MM left. And once again do not buy into the rookie draft class costing $5MM. The cap number includes the 53 highest paid players. Say the rookie pool allocated to the Bengals is $5MM for 10 draft picks. That means 10 players must be displaced from the current calculation. The next 10 lowest paid players removed for the rookies totals $4MM in Salary Cap dollars. So the net for the rookies impact on the salary cap would be $1MM - NOT $5MM. The Bengals still have room to get things done and they could also cut some players (eg. Thorton, Rudi) and create additional and significant cap space. Link to comment Share on other sites More sharing options...
mjm47 Posted March 5, 2008 Report Share Posted March 5, 2008 He said that it was around 6 after Odom which seemed right. Then, Larson got 1.5, so I believe that we stand at about 4.5 Still enough to bring in some depth guys. Link to comment Share on other sites More sharing options...
dacow Posted March 5, 2008 Report Share Posted March 5, 2008 If the rookie pool is 5-8 million that takes us to anywhere from 17-23 million used up. If I remember correctly we had about 30 million of cap room so that leaves us (under my very basic calculations) with anywhere from 7-13 million left. So Hobknob saying 4 million is that big of a reach. Wonder where the rest is going? Link to comment Share on other sites More sharing options...
akiliMVP Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='dacow' post='640229' date='Mar 5 2008, 09:28 AM']Wonder where the rest is going? [/quote] Why don't you just become a Browns fan? You obviously hate the Bengals. Link to comment Share on other sites More sharing options...
bengalfan_00 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='dacow' post='640229' date='Mar 5 2008, 09:28 AM']If the rookie pool is 5-8 million that takes us to anywhere from 17-23 million used up. If I remember correctly we had about 30 million of cap room so that leaves us (under my very basic calculations) with anywhere from 7-13 million left. So Hobknob saying 4 million is that big of a reach. Wonder where the rest is going? [/quote] Mikey needs a new Corsica..... Link to comment Share on other sites More sharing options...
Bengals1181 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='dacow' post='640229' date='Mar 5 2008, 09:28 AM']If the rookie pool is 5-8 million that takes us to anywhere from 17-23 million used up. If I remember correctly we had about 30 million of cap room so that leaves us (under my very basic calculations) with anywhere from 7-13 million left. So Hobknob saying 4 million is that big of a reach. Wonder where the rest is going? [/quote] you really are a dumbass. Link to comment Share on other sites More sharing options...
bearcat7777 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Phatcat' post='640227' date='Mar 5 2008, 09:26 AM']The current salary cap update has us at ~16MM under the cap (this includes Andrews Franchise Tender). Also this number includes all the buffers that the Bengals put in for Practice Squad, Incentives, Offseason pay, and Injuries. I have not seen the base salary numbers yet for Larson, Dhani, and Odom but from what I've seen and having a good feel for how the Bengals structure contracts I would estimate the following cap hits for 2008: Larson: $1.5MM Dhani: $2MM Odom: $4.5MM So the cost of these signings is ~$8MM. Bringing the cap space down to $8MM left. And once again do not buy into the rookie draft class costing $5MM. The cap number includes the 53 highest paid players. Say the rookie pool allocated to the Bengals is $5MM for 10 draft picks. That means 10 players must be displaced from the current calculation. The next 10 lowest paid players removed for the rookies totals $4MM in Salary Cap dollars. So the net for the rookies impact on the salary cap would be $1MM - NOT $5MM. The Bengals still have room to get things done and they could also cut some players (eg. Thorton, Rudi) and create additional and significant cap space.[/quote] How much will our first round pick cost against the salary cap? At least $1.5 M. That single signing is more than the $1M you are allowing. Add in the second and third rounders who are likely to make the team and it should easily approach $2M. The 5 - 7 round picks are not likely to make the team unless there is an injury. Link to comment Share on other sites More sharing options...
Chris Henrys Dealer Posted March 5, 2008 Author Report Share Posted March 5, 2008 [quote name='Phatcat' post='640227' date='Mar 5 2008, 09:26 AM']The current salary cap update has us at ~16MM under the cap (this includes Andrews Franchise Tender). Also this number includes all the buffers that the Bengals put in for Practice Squad, Incentives, Offseason pay, and Injuries. I have not seen the base salary numbers yet for Larson, Dhani, and Odom but from what I've seen and having a good feel for how the Bengals structure contracts I would estimate the following cap hits for 2008: Larson: $1.5MM Dhani: $2MM Odom: $4.5MM So the cost of these signings is ~$8MM. Bringing the cap space down to $8MM left. And once again do not buy into the rookie draft class costing $5MM. The cap number includes the 53 highest paid players. Say the rookie pool allocated to the Bengals is $5MM for 10 draft picks. That means 10 players must be displaced from the current calculation. The next 10 lowest paid players removed for the rookies totals $4MM in Salary Cap dollars. So the net for the rookies impact on the salary cap would be $1MM - NOT $5MM. The Bengals still have room to get things done and they could also cut some players (eg. Thorton, Rudi) and create additional and significant cap space.[/quote] Thanks Phatcat...I knew Hobson was off. The $7-8 MM number seems to make more sense I guess after the recent signings. Link to comment Share on other sites More sharing options...
LudwigVan Kubrick Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='dacow' post='640229' date='Mar 5 2008, 09:28 AM']Wonder where the rest is going? [/quote] give me a break... Mikey hasn't shaved money off of the cap for his own gain since the 90s. Now if you want to talk non-cap related expenditures... But the cap? Give me a break. Link to comment Share on other sites More sharing options...
Bengals1181 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='LudwigVan Kubrick' post='640243' date='Mar 5 2008, 10:11 AM']give me a break... Mikey hasn't shaved money off of the cap for his own gain since the 90s. Now if you want to talk non-cap related expenditures... But the cap? Give me a break.[/quote] man, you know you're opinion is bad if Ludwig is sticking up for Mikey. Link to comment Share on other sites More sharing options...
-GoBengals- Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Tigers Johnson' post='640215' date='Mar 5 2008, 08:57 AM']It's all propaganda..he does it every year.[/quote] yea going OVER the cap last year was all just smoke and mirrors too.... dink. Link to comment Share on other sites More sharing options...
Phatcat Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='bearcat7777' post='640241' date='Mar 5 2008, 10:08 AM']How much will our first round pick cost against the salary cap? At least $1.5 M. That single signing is more than the $1M you are allowing. Add in the second and third rounders who are likely to make the team and it should easily approach $2M. The 5 - 7 round picks are not likely to make the team unless there is an injury.[/quote] Let's say the Bengals have 10 draft picks this year and the rookie pool will prolly be $5MM - this rookie pool is the maximum the Bengals are allowed to spend on the draft choices for the salary cap in 2008. If you then go look at the salary cap page for the 10 lowest paid players they total sum of their salaries is a cunt hair shy of $4MM. Those players become displaced (ie removed from the Salary Cap calculation). So 5MM - 4MM = 1MM. At this point every player added means another player is displaced. In fact, I broke my own rule when I estimated the Salary Cap impact with Odom, Larson, and Dhani. Instead of ~8MM in cap space it should be over $9MM because of the savings from the 3 players displaced. Santucci, Dan $390,000 Ndukwe, Chinedum $378,838 Jones, David $370,000 Link to comment Share on other sites More sharing options...
-GoBengals- Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Phatcat' post='640247' date='Mar 5 2008, 10:18 AM']Let's say the Bengals have 10 draft picks this year and the rookie pool will prolly be $5MM - this rookie pool is the maximum the Bengals are allowed to spend on the draft choices for the salary cap in 2008. If you then go look at the salary cap page for the 10 lowest paid players they total sum of their salaries is a cunt hair shy of $4MM. Those players become displaced (ie removed from the Salary Cap calculation). So 5MM - 4MM = 1MM. At this point every player added means another player is displaced. In fact, I broke my own rule when I estimated the Salary Cap impact with Odom, Larson, and Dhani. Instead of ~8MM in cap space it should be over $9MM because of the savings from the 3 players displaced. Santucci, Dan $390,000 Ndukwe, Chinedum $378,838 Jones, David $370,000[/quote] whats the likely hood of there being NAY worthwhile mentioning cap hit form the players likely displaced? for example if we draft a safety and cut dexter thats another 250k kit to the cap for this year.. with 10 picks those could add up, but im guessing MOST players on the chopping block had minimal sign on money and are non factors.. Link to comment Share on other sites More sharing options...
LudwigVan Kubrick Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Bengals1181' post='640244' date='Mar 5 2008, 10:14 AM']man, you know you're opinion is bad if Ludwig is sticking up for Mikey. [/quote] Whatever dude. All the ways that Mike Brown handicaps his own damn franchise, least dacow could do is pick a valid one to criticize, not this cap nonsense. Link to comment Share on other sites More sharing options...
Phatcat Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='GoBengals' post='640249' date='Mar 5 2008, 10:20 AM']whats the likely hood of there being NAY worthwhile mentioning cap hit form the players likely displaced?[/quote] don't understand the question????? Link to comment Share on other sites More sharing options...
Bengals1181 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='LudwigVan Kubrick' post='640252' date='Mar 5 2008, 10:23 AM']Whatever dude. All the ways that Mike Brown handicaps his own damn franchise, least dacow could do is pick a valid one to criticize, not this cap nonsense.[/quote] haha, you were supposed to take that as a compliment. And agreed, Mike's cheap in a lot of areas, but not the cap. Link to comment Share on other sites More sharing options...
Bengals1181 Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Phatcat' post='640253' date='Mar 5 2008, 10:24 AM']don't understand the question????? [/quote] I THINK he was asking "is anyone we cut really going to free up any significant money though?" Link to comment Share on other sites More sharing options...
Phatcat Posted March 5, 2008 Report Share Posted March 5, 2008 [quote name='Phatcat' post='640253' date='Mar 5 2008, 10:24 AM']don't understand the question????? [/quote] Oops, saw you edited your post. Yes the guys at the bottom of the 53 players used for the cap have minimal if not zero cap dead money. Now if a guy like Dexter was cut then the dead money becomes a factor. But for the offseason cap calculations its best to just assume the lowest guys on the salary ladder are displaced. Obviously, that will not be the case and a case could be made the players released created more savings than the rookies signed. Link to comment Share on other sites More sharing options...
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