OldSchool101
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So I’m seeing some minor conflicting reports on an exact Cap number. It’s a moving target as anything that changes on the Top 51 list and it has a corresponding change because the bottom of that list rotates. Two popular projections of our Cap currently being from -$1.4Mil (PFF) to -$1.6mil (OTC) to about -$4.3mil (Spotrac) over the current allowable. For the sake of argument we’ll say we’re somewhere around -$2.5Mil +-
Elgton Jenkins ($19.5Mil +) is the most obvious way to get cap correct and Quickly. Him alone being cut adjusts our Cap to +17.0Mil area.
Aaron Banks is another Avenue. He’s projected to free up $10.6Mil in restructure. His is arguably one of the top contracts in the list of players retained who can allow us room.
****Rashan Gary has the ability to free up between $8.4Mil area in restructure. I’m leaving him out of these moves because his contract is volatile. There’s even an outside chance he’s a cut or release and that elevates to pre or post June decision freeing $11-19Mil cap. It’s a risky move, but it will be much about how he’s viewed internally in forecasting his impact. I have no idea about that other than my guess is he stays and is offered a restructure. ****
Love could free up around $7.3Mil
Xavier around $5.8mil
Hobbs around $4.6Mil
Tom around $2.7mil
Now I’m not suggesting we will or we should use every avenue. Only stating that there are logical ways to create room. We also have several of our own players we might want to retain (Quay) etc) or extend (Kraft). The smaller FA adds, like Niemann we don’t have to be as concerned because of the $850/900K offsets are bottom equivalent within 25% margin. We can really just keep several of those guys without any real meaningful impact to our projections.
Keep in mind we have a draft class to sign and we tend to keep around $5M+-- reserves for any emergency signing needed. Here we have a rare and unique advantage (if you will allow me to call us not having a Day1 advantage) In 2026 there will be a very minimal impact on how this class affects our Cap. As each player gets added to the Roster, the bottom 51st accounting drops off. The #52 overall has a projected $1.67mil hit, but keep in mind the corresponding player dropping off the list offsets to create only around $700K added (these are rough estimates, but close)
Then as each player gets drafted that number differential diminishes in fashion. So while we are light in draft capital #26 ranked. We do close the cap gap with 20+ other teams immediately after this Draft. We are light on draft equity, but we become more normalized on usable FA $$$ and easily fall out of that bottom 10 and into the middle 3rd of the league.
Elgton Jenkins ($19.5Mil +) is the most obvious way to get cap correct and Quickly. Him alone being cut adjusts our Cap to +17.0Mil area.
Aaron Banks is another Avenue. He’s projected to free up $10.6Mil in restructure. His is arguably one of the top contracts in the list of players retained who can allow us room.
****Rashan Gary has the ability to free up between $8.4Mil area in restructure. I’m leaving him out of these moves because his contract is volatile. There’s even an outside chance he’s a cut or release and that elevates to pre or post June decision freeing $11-19Mil cap. It’s a risky move, but it will be much about how he’s viewed internally in forecasting his impact. I have no idea about that other than my guess is he stays and is offered a restructure. ****
Love could free up around $7.3Mil
Xavier around $5.8mil
Hobbs around $4.6Mil
Tom around $2.7mil
Now I’m not suggesting we will or we should use every avenue. Only stating that there are logical ways to create room. We also have several of our own players we might want to retain (Quay) etc) or extend (Kraft). The smaller FA adds, like Niemann we don’t have to be as concerned because of the $850/900K offsets are bottom equivalent within 25% margin. We can really just keep several of those guys without any real meaningful impact to our projections.
Keep in mind we have a draft class to sign and we tend to keep around $5M+-- reserves for any emergency signing needed. Here we have a rare and unique advantage (if you will allow me to call us not having a Day1 advantage) In 2026 there will be a very minimal impact on how this class affects our Cap. As each player gets added to the Roster, the bottom 51st accounting drops off. The #52 overall has a projected $1.67mil hit, but keep in mind the corresponding player dropping off the list offsets to create only around $700K added (these are rough estimates, but close)
Then as each player gets drafted that number differential diminishes in fashion. So while we are light in draft capital #26 ranked. We do close the cap gap with 20+ other teams immediately after this Draft. We are light on draft equity, but we become more normalized on usable FA $$$ and easily fall out of that bottom 10 and into the middle 3rd of the league.
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