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Packers have $29.3 million in cap space

Discussion in 'Packer Fan Forum' started by captainWIMM, Mar 4, 2014.

  1. captainWIMM
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    captainWIMM Cheesehead

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    Tom Pelissero has reported that number, a little lower than most of us have expected since the cap number was announced.
  2. ThxJackVainisi
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    ThxJackVainisi Lifelong Packers Fanatic

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    Silverstein had a blog entry last Friday that calculated the Packers’ cap room at $34.7M.
    http://www.jsonline.com/blogs/sports/247920911.html#ixzz2v1MM8NZC

    Not sure who is correct but Silverstein’s math works.
  3. captainWIMM
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    captainWIMM Cheesehead

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    Pelissero just tweeted about it, didn't name source or provided a link, so I'm not sure on who to trust on it either.
  4. captainWIMM
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    captainWIMM Cheesehead

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    Pelissero just corrected himself in a tweet, now reporting Packers have $33.1 million in cap space.
  5. captainWIMM
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    captainWIMM Cheesehead

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    Another thing about the blog entry by Silverstein. He's wrong about that:

    They don't have to have a cap hit of 89% of this season's salary cap, they have to spend 89% of the total salary cap over a four year period (2013-2016) in CASH.
    • Agree Agree x 1
  6. Vrill
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    Vrill Cheesehead

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    We have no reason to not bring Shields back with that much $$$ to throw around. We cant be tightwads this off season. This team is only a 2-3 playmakers away on defense of helping this team return to the Super Bowl.

    Sign Shields long term
    Sign a FA Safety to come in and start
    Sign a FA LB (Inside or Outside, dont matter, we need both) that can come in and start

    Then add pieces through the draft.

    Do these things, we'll back in the Super Bowl again barring injuries.
  7. packfan1
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    packfan1 Cheesehead

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    Don't forget...we need to sign draft picks, extend Jordy Nelson, Randall Cobb, probably Bulaga all likely before the end of the coming season. Not to mention if Finley comes back he got 8.75M last season and probably will want a comparable salary. I think all the cap room is a little misleading. Shields is good, but isn't worth more than 7 maybe 8 million a season IMO and I think someone will pay more than that and OVERPAY him.
  8. adambr2
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    adambr2 Cheesehead

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    If someone is going to pay Finley 8.75M next year it had better not be us.
    • Agree Agree x 3
  9. longtimefan
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    longtimefan Super Moderator Staff Member Super Moderator

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    I think there is a totally different pool they take the money from...The rookie cap doesnt count on the salary cap
  10. Ace
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    Is this accurate?
  11. longtimefan
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    longtimefan Super Moderator Staff Member Super Moderator

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    http://russellstreetreport.com/an-explanation-of-how-the-rookie-salary-cap-really-work/

    • Informative Informative x 1
  12. Ace
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  13. ThxJackVainisi
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    ThxJackVainisi Lifelong Packers Fanatic

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    If Shields wants to be paid as the number one CB in the league, that would be a reason, wouldn't it? I'm disappointed a deal with Shields hasn't gotten done before free agency but if Shields' demands are outrageous, I don't want the Packers to cave into his demands just because they have a lot of salary cap room.

    Thompson, McCarthy, and Capers know the defense has to improve so if they lose Shields, Thompson should replace him with another UFA. Or at least fill a hole at safety, ILB, or DL (depending upon who they lose) with a UFA so they can use a high pick for a CB.
  14. AmishMafia
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    AmishMafia There's cheese under that hat

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    $$$ is still a finite resource that has to be used judiciously. We have FA next year and the year after that. We have players who are going to step up and be the next generation of players we 'can't win without'. Shields is good, very good, but I am not sure I trust him. He is about to cash in on the most money he has ever gotten - is he still going to work hard and still be good? I am not sure he doesn't pull an Antonio Freeman and starts enjoying the good life - forsaking the gym in the offseason. I like House more than most - remember, he beat out Shields for the starting spot 2 years ago - only to get injured and have Shields emerge. I think the drop off from Shields to House is not as great as potentially other positions.
  15. Ace
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    This has been my main concern with him since day 1 of this whole process. I was much much more comfortable with him when the reports were he was looking for Tim Jennings money, now I fear that this was never the case and him and Rosenhaus were always going to look to get him paid probably more then he's worth.
  16. captainWIMM
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    captainWIMM Cheesehead

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    • Agree Agree x 1
  17. longtimefan
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    longtimefan Super Moderator Staff Member Super Moderator

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    Link to explain it?
  18. captainWIMM
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    captainWIMM Cheesehead

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    It is actually explained in the article you posted. The reason some rookies don´t count against the salary cap during the offseason is that only the top 51 contracts count against the cap. Once the regular season starts all players on the roster count against it.
  19. HardRightEdge
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    HardRightEdge Cheesehead

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    No.
  20. HardRightEdge
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    HardRightEdge Cheesehead

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    All players under contract count against the cap once the regular season starts...53 man roster, practice squad, PUP, IR.

    As for the rookie cap, the allowable salary range for each pick is so narrow there's not a lot of wiggle room one way or the other. Negotiations revolve around such minor issues that it's hardly worth mentioning, particularly when drafting at #21.
  21. HardRightEdge
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    HardRightEdge Cheesehead

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    Here's the current cap run down using the following link for current cap and dead cap:

    http://www.overthecap.com/teamcap.php?Team=Packers&Year=2014

    Our current top 51 cap hit is $105.1 mil. As a practical matter, assuming Raji is not re-signed, we'll have $2.7 mil in dead cap hit. The sum of the two gets us to $107.8 in current cap hit.

    Recent reports put the 2014 cap at $133 million. The Packers unused cap carryover from 2013 has typically been reported as $9.8 mil. The sum of the two gets us to $142.8 mil in available cap space.

    $142.8 mil - $107.8 mil = $35.0 mil in cap space.
    • Informative Informative x 1
  22. longtimefan
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    longtimefan Super Moderator Staff Member Super Moderator

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    I did know they didnt count in the off season, just flubbed on putting that in my op

    I still say some part of the rookie class doesnt count fully on the overall cap...Not sure how it works, but I think I heard there is part of the lower draft picks salary that doesnt count to the cap.
  23. ivo610
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    ivo610 Cheesehead

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    Dqwell Jackson signed by Indy
  24. captainWIMM
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    captainWIMM Cheesehead

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    Even late round picks and undrafted rookies count 100% towards a team´s salary cap.
  25. longtimefan
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    longtimefan Super Moderator Staff Member Super Moderator

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    A portion of their base doesnt count is what is in the article I posted

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