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<blockquote data-quote="TJV" data-source="post: 360844" data-attributes="member: 4300"><p><span style="font-family: 'Verdana'">As I understand it, every team has "cap credits" and they aren't from last year (which was an uncapped year), they are from the new CBA. I believe this is the way it works: Each team has up to a <span style="color: black">$3M veteran cap credit for 2011. Up to 3 players may be designated if they are currently under contract and they have 5 or more accrued seasons. A team may take up to $1M cap credit for each player. That cap savings has to be accounted for in future years and can be stretched over 4 years, from 2014-17. Also, in 2012 teams will have another $1.5M in credits under the same rules and will have to account for them over the same 4 year period. IOW a team could save $3M off of the cap this season on three players' contracts and then incur $750,000 in dead cap money for each season from 2014 through 2017. </span></span></p><p> </p><p><span style="color: black"><span style="font-family: 'Verdana'">Regarding the Eagles, I heard Andy Reid this morning on Mike & Mike. He was asked about Asante Samuel and it sounded to me like he will be traded if a team meets their asking price. Regarding having all three CBs on the rosters he used the phrase, "for now" more than once. I don't know what kind of cap relief that would provide the Eagles if that happens but I'd guess it would be significant. And I must admit I wouldn't mind seeing Samuel traded to a team like the Panthers.</span></span></p></blockquote><p></p>
[QUOTE="TJV, post: 360844, member: 4300"] [FONT=Verdana]As I understand it, every team has "cap credits" and they aren't from last year (which was an uncapped year), they are from the new CBA. I believe this is the way it works: Each team has up to a [COLOR=black]$3M veteran cap credit for 2011. Up to 3 players may be designated if they are currently under contract and they have 5 or more accrued seasons. A team may take up to $1M cap credit for each player. That cap savings has to be accounted for in future years and can be stretched over 4 years, from 2014-17. Also, in 2012 teams will have another $1.5M in credits under the same rules and will have to account for them over the same 4 year period. IOW a team could save $3M off of the cap this season on three players' contracts and then incur $750,000 in dead cap money for each season from 2014 through 2017. [/COLOR][/FONT] [COLOR=black][FONT=Verdana] [/FONT][/COLOR] [COLOR=black][FONT=Verdana]Regarding the Eagles, I heard Andy Reid this morning on Mike & Mike. He was asked about Asante Samuel and it sounded to me like he will be traded if a team meets their asking price. Regarding having all three CBs on the rosters he used the phrase, "for now" more than once. I don't know what kind of cap relief that would provide the Eagles if that happens but I'd guess it would be significant. And I must admit I wouldn't mind seeing Samuel traded to a team like the Panthers.[/FONT][/COLOR] [FONT=Verdana] [/FONT] [/QUOTE]
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