Projected 2008 NFL Salary Cap Space for Each Team
www.askthecommish.com
For the sake of this installment, we have designated teams that are less than $5M under the cap in RED. These are teams that have little money to sign free agents and may need to make cuts or restructure salaries in order to sign all of their draft picks. Note without comment that the only team that is OVER the cap (as of this writing) is the Washington Redskins! Teams in BLACK, which are between $5M and $20M under the cap, are teams that look to be in pretty good shape in terms of adding more veterans and signing all of their rookies without having to take drastic measures. Teams in GREEN are teams that are well under the cap and should have plenty of room to sign free agents and rookies. Note that for the first time in years, almost every team in is very good cap shape.
With the latest extension to the CBA, the 2008 salary cap is approximately $116 M, which represents a nice increase over last year's estimated $109 M figure. (Note that the cap was "just" $85.5 M in 2005, the final season prior to the CBA's extension and $102 M in 2006 after the CBA extension.)
Keep in mind that these numbers remain tentative -- and are changing on a daily basis. These "unofficial" figures are approximate as of December 27, 2007 and were compiled from various media sources including the NFLPA, ESPN and Sports Illustrated.
Rank Team $ Under the Cap
1 San Diego Chargers $43.03 M
There are currently 44 players under contract.
2 Tennessee Titans $40.85 M
There are currently 39 players under contract.
3 Miami Dolphins $35.56 M
There are currently 48 players under contract.
4 Jacksonville Jaguars $32.69 M
There are currently 43 players under contract.
5 Buffalo Bills $32.05 M
There are currently 49 players under contract.
6 New Orleans Saints $31.69 M
There are currently 39 players under contract.
7 Cincinnati Bengals $31.45 M
There are currently 48 players under contract.
8 San Francisco 49ers $30.91 M
There are currently 48 players under contract.
9 Cleveland Browns $30.31 M
There are currently 42 players under contract.
10 Arizona Cardinals $30.27 M
There are currently 34 players under contract.
11 NY Jets $27.72 M
There are currently 45 players under contract.
12 Oakland Raiders $25.98 M
There are currently 40 players under contract.
13 Tampa Bay Buccaneers $25.9 M
There are currently 48 players under contract.
14 NY Giants $24.47 M
There are currently 49 players under contract.
15 Detroit Lions $23.5 M
There are currently 42 players under contract.
16 Houston Texans $22.91 M
There are currently 43 players under contract.
17 Dallas Cowboys $20.61 M
There are currently 40 players under contract.
18 Kansas City Chiefs $20.27 M
There are currently 44 players under contract.
19 Chicago Bears $19.8 M
There are currently 52 players under contract.
20 Pittsburgh Steelers $18.61 M
There are currently 43 players under contract.
21 Green Bay Packers $18.37 M
There are currently 48 players under contract.
22 Philadelphia Eagles $17.17 M
There are currently 49 players under contract.
23 Denver Broncos $16.77 M
There are currently 49 players under contract.
24 Minnesota Vikings $14.88 M
There are currently 49 players under contract.
25 New England Patriots $10.93 M
There are currently 41 players under contract.
26 St. Louis Rams $9.61 M
There are currently 45 players under contract.
27 Seattle Seahawks $9.55 M
There are currently 44 players under contract.
28 Indianapolis Colts $8.49 M
There are currently 48 players under contract.
29 Carolina Panthers $6.05 M
There are currently 35 players under contract.
30 Atlanta Falcons $5.79 M
There are currently 52 players under contract.
31 Baltimore Ravens $5 M
There are currently 42 players under contract.
32 Washington Redskins $-20.72 M
There are currently 45 players under contract.
Here's a quick update on our 2008 cap -- The cap hasn't been finalized yet, but it's expected to be about $116 million. We currently have 56 players under contract for 2008, with a total cap commitment of $102.7 million. This DOES NOT include any credits or charges leftover from 2007, DOES NOT include tenders for our remaining free agents and DOES NOT take into account the voided contracts for Marion Barber, Julius Jones and Chris Canty.
I'm guessing we'll get a cap adjustment of about $1.5 million (more cap room) after all of the leftover charges and credits from 2007 are applied -- the credit for Tony Curtis' bogus $3.5 million incentive, minus leftover incentive charges from this season (playing time incentives for Anthony Spencer and Ken Hamlin, as well as Flozell Adams' Pro Bowl incentive). And we'll add another $1.08 million in cap room when the contracts of Barber, Jones and Canty officially void.
Those changes would leave us about $15.88 million under the cap, if it's set at $116 million. Our cap room would be reduced by any tenders given to RFAs (Barber, Canty, Ladoucer, Berger, Thompson), EFAs (Curtis, Procter, Oglesby, Bowen) or possibly UFAs (such as Flozell Adams or Ken Hamlin).
ONE VERY IMPORTANT THING TO REMEMBER is that during the offseason, the only base salaries that count against the cap are those of the players with the 51 highest cap numbers on the team (including tenders). For anyone outside the top 51, only their bonus amounts count against the cap. Anytime you sign someone who qualifies for the top 51, they bump another player's base salary off the cap. Right now, our 51st-highest cap number is $295,000 (six players are tied). So if we sign a player with a 2008 cap number of $1 million, it doesn't reduce our cap room by $1 million, it reduces it by only $705,000, because that player knocks another player's $295,000 base salary off the cap. After the voids and tenders, we should be up to at least 51 players at $370,000 or more, which means each player signed will reduce our cap room by even less.
This was updated as of (1/23/08)
For the sake of this installment, we have designated teams that are less than $5M under the cap in RED. These are teams that have little money to sign free agents and may need to make cuts or restructure salaries in order to sign all of their draft picks. Note without comment that the only team that is OVER the cap (as of this writing) is the Washington Redskins! Teams in BLACK, which are between $5M and $20M under the cap, are teams that look to be in pretty good shape in terms of adding more veterans and signing all of their rookies without having to take drastic measures. Teams in GREEN are teams that are well under the cap and should have plenty of room to sign free agents and rookies. Note that for the first time in years, almost every team in is very good cap shape.
With the latest extension to the CBA, the 2008 salary cap is approximately $116 M, which represents a nice increase over last year's estimated $109 M figure. (Note that the cap was "just" $85.5 M in 2005, the final season prior to the CBA's extension and $102 M in 2006 after the CBA extension.)
Keep in mind that these numbers remain tentative -- and are changing on a daily basis. These "unofficial" figures are approximate as of December 27, 2007 and were compiled from various media sources including the NFLPA, ESPN and Sports Illustrated.
Rank Team $ Under the Cap
1 San Diego Chargers $43.03 M
There are currently 44 players under contract.
2 Tennessee Titans $40.85 M
There are currently 39 players under contract.
3 Miami Dolphins $35.56 M
There are currently 48 players under contract.
4 Jacksonville Jaguars $32.69 M
There are currently 43 players under contract.
5 Buffalo Bills $32.05 M
There are currently 49 players under contract.
6 New Orleans Saints $31.69 M
There are currently 39 players under contract.
7 Cincinnati Bengals $31.45 M
There are currently 48 players under contract.
8 San Francisco 49ers $30.91 M
There are currently 48 players under contract.
9 Cleveland Browns $30.31 M
There are currently 42 players under contract.
10 Arizona Cardinals $30.27 M
There are currently 34 players under contract.
11 NY Jets $27.72 M
There are currently 45 players under contract.
12 Oakland Raiders $25.98 M
There are currently 40 players under contract.
13 Tampa Bay Buccaneers $25.9 M
There are currently 48 players under contract.
14 NY Giants $24.47 M
There are currently 49 players under contract.
15 Detroit Lions $23.5 M
There are currently 42 players under contract.
16 Houston Texans $22.91 M
There are currently 43 players under contract.
17 Dallas Cowboys $20.61 M
There are currently 40 players under contract.
18 Kansas City Chiefs $20.27 M
There are currently 44 players under contract.
19 Chicago Bears $19.8 M
There are currently 52 players under contract.
20 Pittsburgh Steelers $18.61 M
There are currently 43 players under contract.
21 Green Bay Packers $18.37 M
There are currently 48 players under contract.
22 Philadelphia Eagles $17.17 M
There are currently 49 players under contract.
23 Denver Broncos $16.77 M
There are currently 49 players under contract.
24 Minnesota Vikings $14.88 M
There are currently 49 players under contract.
25 New England Patriots $10.93 M
There are currently 41 players under contract.
26 St. Louis Rams $9.61 M
There are currently 45 players under contract.
27 Seattle Seahawks $9.55 M
There are currently 44 players under contract.
28 Indianapolis Colts $8.49 M
There are currently 48 players under contract.
29 Carolina Panthers $6.05 M
There are currently 35 players under contract.
30 Atlanta Falcons $5.79 M
There are currently 52 players under contract.
31 Baltimore Ravens $5 M
There are currently 42 players under contract.
32 Washington Redskins $-20.72 M
There are currently 45 players under contract.
Here's a quick update on our 2008 cap -- The cap hasn't been finalized yet, but it's expected to be about $116 million. We currently have 56 players under contract for 2008, with a total cap commitment of $102.7 million. This DOES NOT include any credits or charges leftover from 2007, DOES NOT include tenders for our remaining free agents and DOES NOT take into account the voided contracts for Marion Barber, Julius Jones and Chris Canty.
I'm guessing we'll get a cap adjustment of about $1.5 million (more cap room) after all of the leftover charges and credits from 2007 are applied -- the credit for Tony Curtis' bogus $3.5 million incentive, minus leftover incentive charges from this season (playing time incentives for Anthony Spencer and Ken Hamlin, as well as Flozell Adams' Pro Bowl incentive). And we'll add another $1.08 million in cap room when the contracts of Barber, Jones and Canty officially void.
Those changes would leave us about $15.88 million under the cap, if it's set at $116 million. Our cap room would be reduced by any tenders given to RFAs (Barber, Canty, Ladoucer, Berger, Thompson), EFAs (Curtis, Procter, Oglesby, Bowen) or possibly UFAs (such as Flozell Adams or Ken Hamlin).
ONE VERY IMPORTANT THING TO REMEMBER is that during the offseason, the only base salaries that count against the cap are those of the players with the 51 highest cap numbers on the team (including tenders). For anyone outside the top 51, only their bonus amounts count against the cap. Anytime you sign someone who qualifies for the top 51, they bump another player's base salary off the cap. Right now, our 51st-highest cap number is $295,000 (six players are tied). So if we sign a player with a 2008 cap number of $1 million, it doesn't reduce our cap room by $1 million, it reduces it by only $705,000, because that player knocks another player's $295,000 base salary off the cap. After the voids and tenders, we should be up to at least 51 players at $370,000 or more, which means each player signed will reduce our cap room by even less.
This was updated as of (1/23/08)
posted by The Gryphon at 7:45 PM
<< Home