Guessing Ellerbe has a cap number around $3 million and Wallace around $7-8 million for this season. Dolphins have $33m after cutting Dansby Where do we go from here?
Look for TE, wait for Jake Long's trip back from St. Louis, wait for CB market, extend Reshad Jones (Pouncey too maybe?). In that order.
we don't have that much room... that #, which I believe is just a guesstimate jt? Is incorrect. We were between 30 and 31 million this morning before the start of free agency. if we saved $4m on Dansby, that puts us at $34 to 35m. Ellerbe and Wallace are costing us (I'm guessing) at least $10m... $3m for Ellerbe, $7m for Wallace. That leaves us at $24 to $25m.
Erik Frenz (@ErikFrenz) tweeted at 6:38 PM on Tue, Mar 12, 2013: Updated the #Dolphins 2013 salary cap tracker to account for Dannell Ellerbe. http://t.co/5Ogcscsd7U (https://twitter.com/ErikFrenz/status/311622335406952448) Take that for what it is... Sent from my SCH-I535 using Tapatalk 2
Here's what I go by. The Dolphins had $37 million in cap space. They signed Brian Hartline to a deal that averages $6.2 million a year. They signed Matt Moore to a deal that averages $4.0 million a year. They signed Mike Wallace to a deal that averages $13.0 million per year. They cut Karlos Dansby who was due $15.1 million in 2013 & 2014, and signed Dannell Ellerbe to a deal that averaged $7.0 million a year. Assuming the deals for Wallace and Ellerbe were not particularly backloaded, although the contract for Ellerbe seems high so it wouldn't surprise me if it was...I would assume that the CASH FLOW matches the averages. So in this case I would say Miami has about $11 million worth of long term money they should focus on spending (already subtracting draft money). Yes I'm sure they actually have $30 million left or some such number but that's only because they've shifted cap burden from 2013 into the future. It would be wise if they maintained the appropriate amount of cap space in 2013 so that they could transfer it into future years to OFFSET that increased burden.
Hypothetically if Miami only spends $20 million in cap room this season, couldn't they transfer the extra $10 million next year?
Take $6.5-7m off of the consensus number for draft picks and I think we have at least 2-3 more moves left in us. Remember that a new rule is being put into place where teams have to spend an average amount of cash over a 4 year period (5?) or risk a penalty.
You could do so by using a bonus that the NFL would deem "likely to happen/likely to be earned" such as "Special Teams Performance." Example: Pay a player an extra $3-4m for special teams performance for this year and never play him on special teams. The money would carry over to next year. Teams often do the inverse, because the NFL is a win now league, but this strat is very effective to move money into the future.
Not in the contract. However the new CBA allows unspent money to be transferred to the next year. I don't know the exact rule, however I do know Miami had an extra 5 million this year because of that rule.
I don't think we have $33M left as Ellerbe just replaced Dansby but we still have to take the Wallace and Clemons deals off. Including rookies I'd guess we still have around $20M.
Ben Volin @BenVolinPBP #Dolphins entered the day with approx $30m in cap space. Dansby/Ellerbe will be a wash. Wallace likely $7m against cap, Wheeler $3-4m
The more this Free Agency progresses the more I think Patterson stays. Carpenter.. I don't know. Marshall.. I don't know.
So again here's my napkin math for how I view the Dolphins longer term salary situation. Starting Cap Space: $45.4 million Randy Starks: -$8.4 million Brian Hartline: -$6.2 million Matt Moore: -$4.0 million Mike Wallace: -$13.0 million Dannell Ellerbe: -$7.0 million Phil Wheeler: -$5.2 million Karlos Dansby: +$7.6 million Kevin Burnett: +$5.0 million Rookies: -$3.0 million Remaining Cap Space: $11.2 million The one missing is Chris Clemons because we haven't heard what he re-signed for. It's a one-year deal. Again this is how you think of the LONG TERM cap space and allocations for your team. The Dolphins appear to still have about $20-21 million under the 2013 salary cap due to the "borrowing" effect of bonus accrual practices. But the Dolphins would be wise to set aside 2013 salary cap space that they can transfer into future years in order to lessen the burden of those future accruals. Based on this, I believe there is a shoe yet to drop with Jake Long and the offensive tackle position and that could be worth up to $8 or $9 million. I think he's in St. Louis gauging how much they'll offer him, but I don't think he actually likes free agency and I think once he sees that they're not offering him much, he'll come back to Miami with his tail between his legs. The Dolphins will not actually have much LONG TERM money to play around with anymore for the corner position after that, but they can free up more of it by releasing Dimitri Patterson who accounts for $4.5 million. That would free up about $7 or $8 million to address the corner position in replacing Sean Smith.
Because that's what they have allocated to the position and player, and when he leaves they will have to replace him.
And when that happens, and that pick looks worthy of taking over for Randy Starks, and the Dolphins go ahead and execute that plan, they will have saved $8 million. But for now, they're not.
some where (sun sentinel) I think they called it as $7m cap hit for Wallace this yr and ellerbe/Wheeler was a wash in cap hit of savings for Dansby/Burnett? Next yr (2014) cap hits higher?
Okay, we know that before the opening of free agency the Phins had 31 million. By cutting Dansby (3.9 million) and Burnett (3.2 million), the Phins added 7.1 million to that; so we're at 38.1 million before any signings. Wallace is only costing the Fins somewhere in the neighborhood of 5 million against the cap, Ellerbee is only going to count for 4 million, and Wheeler is costing the Phins 2.4 million. That leaves about 26 million for cap space, which is plenty.
You can through this mechanism: http://football.calsci.com/SalaryCap2.html Regardless, if the CBA terms work in the fashion you mentioned, then it yields the same result, so long as you bypass the new terminology concerning spending money.
yeah, if that is accurate, we're nowhere near finished. Jake Long is the elephant in the room. And then there's the tight end situation. I reckon we'll know in the next 24 hours where we're headed in regards to those two.