2017 Salary Cap Update (Cap Space: $18.78M)

[Hawkstorian]

OTC is sitting at $27.8M after getting practice squad and street free agent deals entered, for those who were comparing my calculation to theirs.

 

[A-Dog]

I think we should be able to make two very solid free agent signings (starters), along with some competition.

There are more than a couple of a) offensive guards, and b) SAM linebackers who can rush the passer that are currently slated to be UFAs. If we can grab one of each I'd be happy.

Everyone wants OTs but there just aren't many. A solid vet on the OL next to Britt would go a long way to solidifying our line. Glow can compete at RG and back up both spots.

We could use a playmaker at OLB who can help as an edge rusher should we have injuries there.

In the draft, I'd like to see an edge rusher and a DB with the first two picks - that's where the talent is. After bolster both lines and look for potential playmakers at WR and RB.

 

[RussB]

Sign whitworth and remmers. Then draft some DB's.

 

[lobohawk]

Useful site for some of the numbers. Can't say I've validated all of them, but I checked against another site and they seemed close. It also offers the ability to filter by Def or Off cap spend.

http://www.spotrac.com/nfl/cap/2017/

Def: 79,002,591......................rank: 5 (ranked ahead: Jets, Miami, Denver, KC)
Off: 60,939,223........................rank: 24 (Top 4 are Dallas, KC, LA, Pitt | Dallas at almost 121 million....wow)
Dead: 827,917........................rank: 20
Adjustments(?): 2,065,865....rank: 26
Total: 142,369,731..................rank: 16
Cap Space: 27,696,134........rank: 21 (Dallas almost 18 million over)

 

[HawkGA]

OTC is sitting at $27.8M after getting practice squad and street free agent deals entered, for those who were comparing my calculation to theirs.

So what you are saying is that your initial estimate was wrong? :stirthepot:

 

[Hyak]

Rumor is that the final cap number will come in at 170 M (Spotrac is using 168 M) so that's an extra $ 2 M for every team.

 

[Siouxhawk]

Useful site for some of the numbers. Can't say I've validated all of them, but I checked against another site and they seemed close. It also offers the ability to filter by Def or Off cap spend.

http://www.spotrac.com/nfl/cap/2017/

Def: 79,002,591......................rank: 5 (ranked ahead: Jets, Miami, Denver, KC)
Off: 60,939,223........................rank: 24 (Top 4 are Dallas, KC, LA, Pitt | Dallas at almost 121 million....wow)
Dead: 827,917........................rank: 20
Adjustments(?): 2,065,865....rank: 26
Total: 142,369,731..................rank: 16
Cap Space: 27,696,134........rank: 21 (Dallas almost 18 million over)

So does that mean Dallas has to shed $18 million by the start of the season?

 

[lobohawk]

Useful site for some of the numbers. Can't say I've validated all of them, but I checked against another site and they seemed close. It also offers the ability to filter by Def or Off cap spend.

http://www.spotrac.com/nfl/cap/2017/

Def: 79,002,591......................rank: 5 (ranked ahead: Jets, Miami, Denver, KC)
Off: 60,939,223........................rank: 24 (Top 4 are Dallas, KC, LA, Pitt | Dallas at almost 121 million....wow)
Dead: 827,917........................rank: 20
Adjustments(?): 2,065,865....rank: 26
Total: 142,369,731..................rank: 16
Cap Space: 27,696,134........rank: 21 (Dallas almost 18 million over)

So does that mean Dallas has to shed $18 million by the start of the season?

Here's Romo's impact, so answer may be in there.
$14,000,000 Base salary

 

[Hawkstorian]

I've been fine-tuning my spreadsheets and here's what I see right now.

Let's assume the leaguewide cap sits at $168M. That may go up a bit, but it's the best figure we have now.

After signing Blair Walsh, the Seahawks sit with just about exactly $27M in cap space. $2.3M or so goes to draft picks and we know they have to leave about $5M buffer at the end of camp, so that leaves 'usable' space at about $19.7M. With that they have to decide if they're going to tender any of the RFAs (Gilliam, etc.) which would bring the cap down.

I can seen room to go out and spend $10M or so on outside players, which isn't really a lot considering many teams will have far more than that to spend.

I'll try to do another update after free agency starts when we have more solid information. Feel free to shoot me questions and I'll do my best to answer. Keep in mind I suck at 'speculating' so if you ask me how much a certain player might cost the answer will be "I have no idea".

 

[Siouxhawk]

Thanks for boiling it down for us Hawkstorian
It doesn't look like we'll be in the market for any $8 million/per tackles.

 

[A-Dog]

So you're estimating ~$10M first year cap hit to sign our RFAs?

That seems a little high based on the talent level of our RFAs... doesn't seem like we have anyone there who is essential. We also have 5 picks in the top 106 of a deep draft... I would think we could replace much of our RFA depth via those picks.

We could also potentially add cap space by extending guys like Graham and Chancellor, converting much of their 2017 salaries to bonuses.

I think we'll be able to add a couple of solid starters ($6M/yr) plus some depth in free agency.

 

[Hawkstorian]

So you're estimating ~$10M first year cap hit to sign our RFAs?

No.

 

[A-Dog]

So you're estimating ~$10M first year cap hit to sign our RFAs?

No.

... that leaves 'usable' space at about $19.7M. With that they have to decide if they're going to tender any of the RFAs (Gilliam, etc.) which would bring the cap down.

I can seen room to go out and spend $10M or so on outside players, which isn't really a lot considering many teams will have far more than that to spend.

So you go from $19.7M down to $10M... what else besides RFAs are you considering when making that determination? Our own UFAs and ERFAs?

 

[Hawkstorian]

Re-signing players, signing RFAs .. signing low cost free agents... extending players .. any number of things can use up cap room very quickly.

I'm saying I can see $10M for signing significant outside players. Yes I didn't word it exactly that way so please accept my most humble apology.

I think instead of nit picking my math, you are bright enough to understand what I'm talking about.

 

[HawkGA]

When is the final cap number set? I would assume before free agency, right?

 

[Hawkstorian]

Should know very soon, yes.

 

[Jimjones0384]

In my opinion, they really only need a lineman or two, and a corner in fa. Should be enough money there to get decent players. The rest can be taken care of in the draft. Got some high potential guys coming off ir this year.

 

[Seahawk Sailor]

Well, now we know. $167 million per team.

[tweet]https://twitter.com/AdamSchefter/status/836961760217198593[/tweet]

 

[Largent80]

Looks like none of it matters. Unless you are Cleveland.

 

[mikeak]

Looks like none of it matters. Unless you are Cleveland.

Yeah but then you don't matter......