kidhawk
Well-known member
Ok, let's look at this from a financial aspect.
Here are the current numbers for our Salary cap
[urltargetblank]http://www.spotrac.com/nfl/seattle-seahawks/cap/[/urltargetblank]
Before Wilson's deal: $10,960,919.00 top 51 contracts
Assume all the top 51 contracts make the team, and we can assume we have about $10 million in cap space.
Wilson's deal has a reported $31,000,000.00 signing bonus. This will be spread out over the full 5 years, adding $6.2 million to the cap this year.
This brings the cap space left down to $3.9 million.
Let's say Wagner signs a deal in the $10 million per year range. He could get a $12 million signing bonus (which would be a bit high IMO, but I wanted to go high to see if it would work). Assuming it's a 4 year extension, that $12 million would add $2.4 million to the cap, which leaves us $1.5 million of salary cap space left to bring in injury replacements and such. It's tight but it's definitely something we could do.
Now with those figures, we could also, very easily restructure some deals, or even cut a player or two with higher salaries to be replaced by guys with lesser salaries. There always seems to be one or two of these each year anyway, so that gives a bit more cushion.
Financially Wagner's deal can be done without breaking a sweat. Now that they know what they have to work with, it will likely just come down to structuring the future years to everyone's liking.
Here are the current numbers for our Salary cap
[urltargetblank]http://www.spotrac.com/nfl/seattle-seahawks/cap/[/urltargetblank]
Before Wilson's deal: $10,960,919.00 top 51 contracts
Assume all the top 51 contracts make the team, and we can assume we have about $10 million in cap space.
Wilson's deal has a reported $31,000,000.00 signing bonus. This will be spread out over the full 5 years, adding $6.2 million to the cap this year.
This brings the cap space left down to $3.9 million.
Let's say Wagner signs a deal in the $10 million per year range. He could get a $12 million signing bonus (which would be a bit high IMO, but I wanted to go high to see if it would work). Assuming it's a 4 year extension, that $12 million would add $2.4 million to the cap, which leaves us $1.5 million of salary cap space left to bring in injury replacements and such. It's tight but it's definitely something we could do.
Now with those figures, we could also, very easily restructure some deals, or even cut a player or two with higher salaries to be replaced by guys with lesser salaries. There always seems to be one or two of these each year anyway, so that gives a bit more cushion.
Financially Wagner's deal can be done without breaking a sweat. Now that they know what they have to work with, it will likely just come down to structuring the future years to everyone's liking.