Fade":1ycuxnhw said:
kidhawk":1ycuxnhw said:
I guess I still need to reiterate that trading Lane DOES NOT free up any cap space this year.
Not correct according to the salary cap calculator on overthecap.com
Seattle gains $1.5M in cap space by trading him. Go to 2017 -> Find Jeremy Lane and select trade transaction.
https://overthecap.com/calculator/seattle-seahawks/
I believe those calculations are dependent on being traded before season starts and player earns game checks:
(salary) 4,000,000 +
(this year's pro-rated signing bonus) 1,250,000 =
(this year's cap number) 5,250,000 -
(this year's dead money [from accelerated signing bonus] if traded) 3,750,000 =
(cap savings from trade
before paying any salary)
1,500,000
Since we've already paid him games checks, his cap number for this year is now:
(payroll paid this year) 7/16 * 4,000,000 = 1,750,000 +
(this year's dead money [from accelerated signing bonus] if traded) 3,750,000 =
(this year's cap number after trade) 5,500,000
Now subtract
(this year's cap number before trade) 5,250,000
and we actually take a cap hit of 250,000 on this trade