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Last Login: Sunday, June 01, 2008 4:33 PM
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| Why would you buy chopped liver when you already have steak? |
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Last Login: Today @ 2:49 AM
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| | I need to go over my last few contract estimates so that they don't take off so much cap space. I was structuring them with the idea in mind that the Jaguars are trying to spend their cap space, but instead they were structured in a manner to not take up much space at all. At the end of April I had my books matching the current estimate of $13.97 mil under. My last estimate had them down to $9.91 mil under, but a listing of the remaining cap space for all 32 teams as of the end of May is out (http://www.kffl.com/forums/showthread.php?t=230977), and it's showing that the Jaguars still have $13.26 mil available. I take it this is the number prior to Thorpe signing (which I still have to account for), but with everything else counting. Off hand I figure that roster bonus money I was allocating for this year is either roster bonus money due next year or is signing bonus money. I'll have to work on this over the coming days.
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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Last Login: Friday, October 10, 2008 3:58 PM
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| | Hey 02, It seems like the Jaguars have kept guys on injured reserve who were in the last year of their contract without resigning them. Is there some rule about this, because it seems like there is otherwise no reason to keep them on the roster. Do you know where I can find out more about this? |
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Last Login: Today @ 2:49 AM
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| ray3 (6/9/2008)
Hey 02, It seems like the Jaguars have kept guys on injured reserve who were in the last year of their contract without resigning them. Is there some rule about this, because it seems like there is otherwise no reason to keep them on the roster. Do you know where I can find out more about this? If they were a vested vet who was on the roster week 1 then their base salary would have been guaranteed anyways. In that case maybe they'd keep them on IR just to avoid a potential injury settlement.
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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Last Login: Today @ 2:49 AM
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| | I still have to find time to go back over my last few contract estimates in order to edit my spreadsheet to reflect where they're at, but for right now I need to include Craphonso Thorpe's contract. Thorpe signed a one-year deal with a $370,000 base salary. I'm estimating that he took home a $5,000 bonus on top of that. Should he make the roster, he'll be a 2009 RFA. Should he fail to make the roster, Thorpe is still eligible for the Practice Squad. Overall the Jaguars are still about $13.23 mil under the cap (includes minicamp workouts).
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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Last Login: Today @ 2:49 AM
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| | I need to re-do my estimates for Meier and McDaniel in order to match my spreadsheet total to the recent cap quote for the Jaguars. My spreadsheet is showing them at $9.88 mil under, but I need it to show $13.25 mil under. That's a difference of $3.37 mil. Having looked over the details for these two players, the leap appears to be too great. I plan to have more details in the coming weeks regarding the contracts for both DTs, so for now I'm going to leave my books alone. I'll adjust my books in due time, but for now go buy what I'm telling you in this thread instead of my spreadsheet.
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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Last Login: Today @ 2:49 AM
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| | It's time for a long overdue update. I have some contract details for McDaniel and Meier, the last two signings made prior to that most recent cap quote coming out. I also info on Collier. I nearly nailed McDaniel's bonus. I was estimating a $750,000 roster bonus for him, but instead he only took home $700,000. Subtracting $50,000 from his cap hit leaves him at $1,147,250 (includes an estimated $2,500 SB hit from his rookie contract). That said, I was way off on Collier. I estimated that he took home a $450,000 signing bonus, but he actually took home a $1.5 mil roster bonus giving him an overall cap hit of $1,945,000. It's possibly telling that both former UDFAs signed on through the 2010 season, and for the same overall contract total, but Collier was guaranteed twice as much up front. In McDaniel's contract, the difference was tacked onto his base salaries for '09 and '10 (mostly '10). Meier took home a $2.3 mil roster bonus this year, and he's set to take home another $2.5 mil roster bonus next year. I had him listed with $5.25 mil in total bonus money ($3 mil roster this year, $1 mil roster next year, plus a $1.25 mil signing bonus this year), which I arrived at by taking his reported contract total of "roughly $15 mil," and subtracting his $9.75 mil in base salaries. When I take add his $4.8 mil in roster bonus money to his base salaries I'm only at $14.55 mil, but I figure that's close enough to "roughly $15 mil." So for Meier I'm now showing his cap hits at... - 2008 - $3,660,000
- 2009 - $4,000,000
- 2010 - $2,250,000
- 2011 - $2,500,000
- 2012 - $2,500,000
I find it interesting how they're utilizing roster bonus money for this year and next year in leau of signing bonus money that would stretch out into the currently uncapped years. When I tack on all of the above details to my spreadsheet, it takes my the spreadsheet total down to $9.53 mil under. At this point I should have been at $13.23 mil under per the lastest cap quote, so like always I'll account for this difference by adjusting my "unknown savings" column. We may eventually learn that the quote was in error and that I simply need to remove this amount, but for now I need to stick with the latest cap quote. In my next reply I'll go over the more recent roster moves in order to get caught up to date. These include adding Lavarius Giles while waiving six others.
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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Last Login: Today @ 2:49 AM
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| | RB D.D. Terry was waived when RB Lavernus Giles signed. Ciatrick Fason and Giles were brought into the minicamp to workout with the team, and they made this move soon after. Terry's release left a minimal amount of dead money in the books (estimating $5,000 that's being accounted for in the "small dead money hits" total) this year. Giles signed a 3-year minimum salaried contract as a "1st-year" player (base salaries are $295,000, $385,000 and $470,000). Since the Jaguars have been handing out primarily roster bonuses as opposed to signing bonuses, I'll guess that Giles took home a $50,000 roster bonus giving him a 3-year, $1.2 mil contract. His estimated cap hit this year is $345,000. Most recently, the Jaguars waived Brian Smith, Craphonso Thorpe (claimed off waivers by Giants), Isaac Smolko, Brett Goode and Ryan Gibbons... - Smith left the Jaguars with $339,000 in remaining amortization. He'll count $113,000 dead money this year, and then $226,000 in dead money next year.
- Thorpe, Smolko, Goode and Gibbons each left a minimal dead money hit that I'm accounting for in the small dead money hits total.
With these moves accounted for after having adjusted my spreadsheet to agree with the latest quote (by listing $3.5 mil in "unknown savings"), I'm now showing the Jaguars at $13.08 mil under the cap.
'02
Check out my CAP_INFO, and join my new WEBSITE.Coach Del Rio: "Respect every opponnent, and fear nobody." |
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