2023: Continued dead cap hell (Currently $54 Million)

[Godfather]

What's the savings on cutting Brooks? @downundermike @paco

[paco]

12 minutes ago, Godfather said:

What's the savings on cutting Brooks? @downundermike @paco

There are only 3 players with higher salaries that would save you money, and none of them save you a lot

 

Brandon Brooks would "save" you 3.7 million with a 15.7 million dead cap hit.
Slay would "save" you 4.4 million after a 17.6 million dead cap hit.
Hargrave would "save" you 1 million after a 16.8 million dead cap hit.

That's it.  That's the list. 

[Dawkins 20]

Brooks really shouldn't be going anywhere. He's been a walking bandaid lately, but cutting him to save $3.7m seems kinda stupid. His potential upside is worth way more than that, health be damned.

[Godfather]

54 minutes ago, paco said:

There are only 3 players with higher salaries that would save you money, and none of them save you a lot

 

Brandon Brooks would "save" you 3.7 million with a 15.7 million dead cap hit.
Slay would "save" you 4.4 million after a 17.6 million dead cap hit.
Hargrave would "save" you 1 million after a 16.8 million dead cap hit.

That's it.  That's the list. 

Imo, Slay and Hargrave are restructures/extensions. Kicking the can down the road

[Godfather]

28 minutes ago, Dawkins 20 said:

Brooks really shouldn't be going anywhere. He's been a walking bandaid lately, but cutting him to save $3.7m seems kinda stupid. His potential upside is worth way more than that, health be damned.

I'd rather see Driscoll start next year. He played well before getting injured. I'd take a 6th or 7th rd pick for Brooks. 

[paco]

26 minutes ago, Dawkins 20 said:

Brooks really shouldn't be going anywhere. He's been a walking bandaid lately, but cutting him to save $3.7m seems kinda stupid. His potential upside is worth way more than that, health be damned.

It depends on how you look at it.  Do you think he can contribute at a high level still?  Are you betting that he can be healthy going forward?  If so, then yes, it doesnt make sense.  However, this is his contract:

Year	Age	Base Salary	Prorated Bonus	Roster Bonus	Workout Bonus		Guaranteed Salary		Cap Number	Cap %		Dead Money & Cap Savings Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension
2019	30	$930,000	$4,760,632	$0	$0		$0		$9,849,455	5.0%
2020 📝	31	$1,250,000	$6,440,632	$0	$100,000		$1,000,000		$7,790,632	3.5%
2021	32	$1,075,000	$5,939,535	$0	$0		$1,075,000		$7,014,235	3.4%
2022 📝	33	$13,400,000	$5,939,235	$0	$100,000		$0		$19,439,235	8.7%		$15,736,472	$3,702,763
2023 📝	34	$11,600,000	$4,347,237	$2,000,000	$100,000		$0		$18,047,237	8.0%		$9,797,237	$8,250,000
2024 📝	35	$13,400,000	$3,565,000	$2,000,000	$100,000		$0		$19,065,000	7.4%		$5,450,000	$13,615,000
2025	36	Void	$1,885,000	Void	Void		Void		$1,885,000	--		$1,885,000	$0

 

As you can se, he is under contract through 2024.  That 15 million in dead cap you are going to be saddled with if you cut him will eventually be paid out over time if you keep him.  However, if the FO determines that its time to move on and they will replace him either through FA or a draft pick (we do have 3 firsts after all), then cutting him now makes sense.  Sure, you only save $3.7 million.  But then he is off the books completely and you "save" 11.6 million in 2023 and 13.4 million in 2024.

 

Soapbox:

This is yet another reason you want your roster to have cap flexibility.  There have been times in the past where players WANT to be cut and can't because it would be impossible to stay under the cap\sign draft picks, etc.  (Lavar Arrington in 2006 needing to give back 5 million to make it happen is my favorite example)

[paco]

Holy crap, I missed Barnett's dead cap for this year.  $7,248,800 and not under contract 

[NOTW]

26 minutes ago, Dawkins 20 said:

Brooks really shouldn't be going anywhere. He's been a walking bandaid lately, but cutting him to save $3.7m seems kinda stupid. His potential upside is worth way more than that, health be damned.

He's only played 2 games in 2 seasons and the previous season ended the year injured as well.  If they keep him, it has to be as a backup not a starter so Herbig or whoever will actually start next year gets the reps in practice with the 1's.

[Godfather]

6 minutes ago, paco said:

Holy crap, I missed Barnett's dead cap for this year.  $7,248,800 and not under contract 

Ewww

[NOTW]

5 minutes ago, paco said:

Holy crap, I missed Barnett's dead cap for this year.  $7,248,800 and not under contract 

He's a free agent this offseason.  They need to let him walk, get whatever comp pick if applicable and come back with Graham and Sweat and draft a DE.

[Godfather]

1 minute ago, NOTW said:

He's a free agent this offseason.  They need to let him walk, get whatever comp pick if applicable and come back with Graham and Sweat and draft a DE.

I'm sure he's gone

[NOTW]

@paco this dead money chart for 2022, does this mean money in the 2022 cap tied up still paying these players?  

 

[paco]

11 minutes ago, NOTW said:

He's a free agent this offseason.  They need to let him walk, get whatever comp pick if applicable and come back with Graham and Sweat and draft a DE.

That's what this thread is about.... big dead cap hits on players who are no longer here due to Howie's over use of void contract years.   

[paco]

11 minutes ago, NOTW said:

@paco this dead money chart for 2022, does this mean money in the 2022 cap tied up still paying these players?  

 

Yes.

 

And more players like Barnett who's contract hasn't automatically voided which won't show up until the start on the 2022 NFL season.

 

Edit:

Here is the list

Barnett    $7,248,800
McLeod    $2,140,000
Anthony Harris    $2,408,000
Kerrigan    $1,140,000
Steven Nelson    $1,208,000

 

So $14,144,800 on top of that for a grand total of $36,154,161 

[Dawkins 20]

31 minutes ago, paco said:

It depends on how you look at it.  Do you think he can contribute at a high level still?  Are you betting that he can be healthy going forward?  If so, then yes, it doesnt make sense.  However, this is his contract:

Year	Age	Base Salary	Prorated Bonus	Roster Bonus	Workout Bonus		Guaranteed Salary		Cap Number	Cap %		Dead Money & Cap Savings Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension
2019	30	$930,000	$4,760,632	$0	$0		$0		$9,849,455	5.0%
2020 📝	31	$1,250,000	$6,440,632	$0	$100,000		$1,000,000		$7,790,632	3.5%
2021	32	$1,075,000	$5,939,535	$0	$0		$1,075,000		$7,014,235	3.4%
2022 📝	33	$13,400,000	$5,939,235	$0	$100,000		$0		$19,439,235	8.7%		$15,736,472	$3,702,763
2023 📝	34	$11,600,000	$4,347,237	$2,000,000	$100,000		$0		$18,047,237	8.0%		$9,797,237	$8,250,000
2024 📝	35	$13,400,000	$3,565,000	$2,000,000	$100,000		$0		$19,065,000	7.4%		$5,450,000	$13,615,000
2025	36	Void	$1,885,000	Void	Void		Void		$1,885,000	--		$1,885,000	$0

 

As you can se, he is under contract through 2024.  That 15 million in dead cap you are going to be saddled with if you cut him will eventually be paid out over time if you keep him.  However, if the FO determines that its time to move on and they will replace him either through FA or a draft pick (we do have 3 firsts after all), then cutting him now makes sense.  Sure, you only save $3.7 million.  But then he is off the books completely and you "save" 11.6 million in 2023 and 13.4 million in 2024.

 

Soapbox:

This is yet another reason you want your roster to have cap flexibility.  There have been times in the past where players WANT to be cut and can't because it would be impossible to stay under the cap\sign draft picks, etc.  (Lavar Arrington in 2006 needing to give back 5 million to make it happen is my favorite example)

My thinking was that his potential ceiling > saving $3.7 million... that if he could recapture a bit of his old self it would be more than worth the $3.7. I didn't realize how high his base salary was going forward though. Yikes. Might just be worth it to cut bait now and close another chapter of Howie's Dumb Cap Management.

[Mike030270]

BG played well before he was hurt but father time will catch up with him

I'm glad that Lane came back strong. I was worried he lost it because of age and too many injuries

Brooks isn't worth IMO. He may be a top guard but he's hurt too much. He could come back like Lane but I doubt it

Slay played like an all pro

Cox isn't the same anymore and they need to look for a replacement

Kelce is a legend and we always wonder when he'll retire. I honestly think he'll try to play a few more years to try and get another ring

[NOTW]

1 hour ago, paco said:

Yes.

 

And more players like Barnett who's contract hasn't automatically voided which won't show up until the start on the 2022 NFL season.

 

Edit:

Here is the list

Barnett    $7,248,800
McLeod    $2,140,000
Anthony Harris    $2,408,000
Kerrigan    $1,140,000
Steven Nelson    $1,208,000

 

So $14,144,800 on top of that for a grand total of $36,154,161 

I would think Steven Nelson will be back.  But yeah that's a lot of money to be paying to players not on the team anymore by the cap genius.

How does this compare to other teams?

[paco]

11 minutes ago, NOTW said:

I would think Steven Nelson will be back.  But yeah that's a lot of money to be paying to players not on the team anymore by the cap genius.

How does this compare to other teams?

I'm not going to go through each one and manually figuring out the voided contracts that are not reflected in the main table.  

 

So if we just go by the main table, we have the second most in dead cap.  The Texans have $35,462,243 posted.  In 3rd place are the Jags with $17,809,664.  So yes, we are in ELITE company. 

Also note, neither of those teams have contracts with automatic voided years kicking in this year, so their numbers will stay the same on day one while we shoot into first at $36 million.

[NOTW]

4 minutes ago, paco said:

I'm not going to go through each one and manually figuring out the voided contracts that are not reflected in the main table.  

 

So if we just go by the main table, we have the second most in dead cap.  The Texans have $35,462,243 posted.  In 3rd place are the Jags with $17,809,664.  So yes, we are in ELITE company.

2nd in dead money, 22nd in cap space.  "Cap genius."  

Btw, the Giants have only $77,580 of cap space and they suck!  

[paco]

2 minutes ago, NOTW said:

2nd in dead money, 22nd in cap space.  "Cap genius."  

Btw, the Giants have only $77,580 of cap space and they suck!  

and only 42 players under contract.  We have 48.

 

Also, lol saints.  64 million over the cap, only 40 players under contract. 

[Guest]

1 hour ago, paco said:

Yes.

 

And more players like Barnett who's contract hasn't automatically voided which won't show up until the start on the 2022 NFL season.

 

Edit:

Here is the list

Barnett    $7,248,800
McLeod    $2,140,000
Anthony Harris    $2,408,000
Kerrigan    $1,140,000
Steven Nelson    $1,208,000

 

So $14,144,800 on top of that for a grand total of $36,154,161 

You can now add another 15.7 million

 

 

[paco]

3 minutes ago, downundermike said:

You can now add another 15.7 million

 

 

$51,890,633 in dead cap

 

 

[Perforator]

Cap genuis

🤣

[Guest]

7 minutes ago, paco said:

$51,890,633 in dead cap

 

 

It will be Ok, I see the solution already.

 

[Bwestbrook36]

Here come the cap nerds to tell us how much cap trouble we are in for the 10th yr in a row.