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Packers have $29.3 million in cap space
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<blockquote data-quote="HardRightEdge" data-source="post: 545606"><p>This writer is making it more complicated than it is.</p><p></p><p>First, note that all of the gyrations involved in the examples relate to calculating cap during the Rule of 51 period which runs from now through the build up to 90 players and then right up until the final cut down to 53 a couple days before opening day.</p><p></p><p>During the Rule of 51 period, the top 51 cap hits for 2014 + dead cap money count toward the cap. The one thing in that article that I had not heard before is that prorated signing bonuses for anybody outside the top 51 also count toward the cap. But when you think about it, how much money could that be considering the guys in slots 52+ are under minimum contracts...their cumulative prorated signing bonuses amount to a rounding error.</p><p></p><p>Second, what he seems to be saying is that as each rookie gets signed the top 51 is redetermined. As a practical matter, the first and second round picks' cap numbers are likely to be higher than the 50th. and 51st. guys who counted toward the cap prior to the draft who are likely to be making the 2nd. year minimum + maybe some very minor signing bonus proration amount.</p><p></p><p>In other words, the top two picks will take the place of 2nd. year minimum guys in the 50 and 51 slots, and that's it in a nutshell. The difference between the top 2 picks and those minimum salary guys can be ballparked as about $1.5 - $2 mil.</p><p></p><p>The singing of one moderately priced free agent would likely have more impact on the Rule of 51 number than the entire draft as he too would replace some minimum salary guy in the top 51.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 545606"] This writer is making it more complicated than it is. First, note that all of the gyrations involved in the examples relate to calculating cap during the Rule of 51 period which runs from now through the build up to 90 players and then right up until the final cut down to 53 a couple days before opening day. During the Rule of 51 period, the top 51 cap hits for 2014 + dead cap money count toward the cap. The one thing in that article that I had not heard before is that prorated signing bonuses for anybody outside the top 51 also count toward the cap. But when you think about it, how much money could that be considering the guys in slots 52+ are under minimum contracts...their cumulative prorated signing bonuses amount to a rounding error. Second, what he seems to be saying is that as each rookie gets signed the top 51 is redetermined. As a practical matter, the first and second round picks' cap numbers are likely to be higher than the 50th. and 51st. guys who counted toward the cap prior to the draft who are likely to be making the 2nd. year minimum + maybe some very minor signing bonus proration amount. In other words, the top two picks will take the place of 2nd. year minimum guys in the 50 and 51 slots, and that's it in a nutshell. The difference between the top 2 picks and those minimum salary guys can be ballparked as about $1.5 - $2 mil. The singing of one moderately priced free agent would likely have more impact on the Rule of 51 number than the entire draft as he too would replace some minimum salary guy in the top 51. [/QUOTE]
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Packers have $29.3 million in cap space
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