H
HardRightEdge
Guest
Over the next few days and weeks, teams will cut vets they were targetting to replace in the draft, to get under the Top 51 cap, and/or in looking ahead to the additional necessary cap expenditures before opening day (draftee signings, players 52 and 53, practice squad, PUP/IR reserve) which I've discussed ad nauseum in the past.
Conversely, teams that did not fill needs in the draft and have available cap space will look to back and fill with some free agent signings, either guys who were already on the street or newly replaced players.
Here's the current cap space for each team per the NFLPA:
https://www.nflpa.com/public-salary-cap-report
These numbers can quickly go stale, but it is where things stand now. Note there are 5 teams with less than $5 mil in cap space. These would be the leading candidtates to clear space with cuts, but not the only possibilities.
The Packers currently have about $14.1mil in cap space, unchanged for at least the past month.
To recap, without getting into the machinations, necessary Packer costs going forward as of pre-draft were about $4.5 mil for the draft class after subtracting costs for the guys they replace in the top 51, about $1.1 mil for the eventual cost of players 52 and 53 as the roster is currently constituted, about $1.4 mil for the practice squad, and what I consider a minimum $2 mil reserve for PUP/IR replacements.
That brings effective cap space down to $5.1 mil. This explains why Gutekunst mentioned he had $5 mil left to work with which created a minor stir among short-sighted media types.
Now, there is a minor reduction in effective cap space in trading up from #30 to #21. Last year the rookie cap difference between those two picks was about $900,000. Losing the two 4th. round picks is a very minor cap consideration since their rookie pay is so low. For example, Moore's rookie cap number was $593,000. Maybe that will be something like $630,00 with salary cap bump. That would barely crack the current top 53 minimum of $570,000.
Long story short, the trade up takes the usable cap space down close to $4 mil.
I'm out of time this morning, but some questions moving forward would be:
1) Will Gutekunst use that effective cap space to back and fill, keeping in mind cap carryover and the 2020 cap situation where those backloaded FA contracts start to slam against the cap?
2) Which positions might he want to fill with a veteran?
3) Who, if anyone, might get cut for cap savings, for use now or next season, in light of the draft?
Conversely, teams that did not fill needs in the draft and have available cap space will look to back and fill with some free agent signings, either guys who were already on the street or newly replaced players.
Here's the current cap space for each team per the NFLPA:
https://www.nflpa.com/public-salary-cap-report
These numbers can quickly go stale, but it is where things stand now. Note there are 5 teams with less than $5 mil in cap space. These would be the leading candidtates to clear space with cuts, but not the only possibilities.
The Packers currently have about $14.1mil in cap space, unchanged for at least the past month.
To recap, without getting into the machinations, necessary Packer costs going forward as of pre-draft were about $4.5 mil for the draft class after subtracting costs for the guys they replace in the top 51, about $1.1 mil for the eventual cost of players 52 and 53 as the roster is currently constituted, about $1.4 mil for the practice squad, and what I consider a minimum $2 mil reserve for PUP/IR replacements.
That brings effective cap space down to $5.1 mil. This explains why Gutekunst mentioned he had $5 mil left to work with which created a minor stir among short-sighted media types.
Now, there is a minor reduction in effective cap space in trading up from #30 to #21. Last year the rookie cap difference between those two picks was about $900,000. Losing the two 4th. round picks is a very minor cap consideration since their rookie pay is so low. For example, Moore's rookie cap number was $593,000. Maybe that will be something like $630,00 with salary cap bump. That would barely crack the current top 53 minimum of $570,000.
Long story short, the trade up takes the usable cap space down close to $4 mil.
I'm out of time this morning, but some questions moving forward would be:
1) Will Gutekunst use that effective cap space to back and fill, keeping in mind cap carryover and the 2020 cap situation where those backloaded FA contracts start to slam against the cap?
2) Which positions might he want to fill with a veteran?
3) Who, if anyone, might get cut for cap savings, for use now or next season, in light of the draft?