Seahawks Salary Cap Higher than we Thought

Hawkstorian · Mar 24, 2013

I've been corresponding with the founder of one of the salary cap sites and apparently there was another adjustment just prior to free agency from the $13.2M figure that's been widely reported. In fact, the Seahawks got another $1M or so adjusted upward so our total cap is $137.2M. I've been posting updates in the stickied thread up top but I thought this was important enough to post by itself.

Seahawks right now have about $6.5M in available space, even after rookies are signed they would have over $6M. Probably enough to sign another mid-level veteran and work out an extension with Chancellor if the parties are willing.

Seahawk Sailor · Mar 24, 2013

Good, good news. But we've come to expect that with this front office. Well done, Seahawks.

TheHawkster · Mar 24, 2013

Thats a little more than I was thinking.
I thought we were about 5.5 to 6 without the rookies.
Thats good news.

Tech Worlds · Mar 24, 2013

Yeh this is about where I had it pegged after doing my calculations.

FlyingGreg · Mar 24, 2013

Next year is when it will get interesting (decision wise). Anyone we can extend now will help.

Hawkstorian · Mar 24, 2013

Tech Worlds":2y2n3k6n said:
Yeh this is about where I had it pegged after doing my calculations.

Yeah, I see you out there on the boat with your laptop pro rating bonuses. Just your style.

Blitzer88 · Mar 24, 2013

Sweet! Now lets start locking up some of our own guys!

The Radish · Mar 24, 2013

Hawkstorian":1ofo36ba said:
Tech Worlds":1ofo36ba said:

Yeh this is about where I had it pegged after doing my calculations.

Click to expand...

Yeah, I see you out there on the boat with your laptop pro rating bonuses. Just your style.

Pegging John, he said pegging.

:les:

The Yugoslavian · Mar 24, 2013

Great news. My wish list appears realistic then. I really really really want us to;

1.) Sign Fred Davis, 1 year 1.2 mil deal
2.) Re-sign Alan Branch
3.) Sign Charles Woodson to play nickel & 3rd safety
4.) Re-sign Kam "Bam-Bam" Chancellor

We have the space to do all four and still sign the rookies. Let's make it happen!

kearly · Mar 24, 2013

Hawkstorian":2smrju6x said:
I've been corresponding with the founder of one of the salary cap sites and apparently there was another adjustment just prior to free agency from the $13.2M figure that's been widely reported. In fact, the Seahawks got another $1M or so adjusted upward so our total cap is $137.2M. I've been posting updates in the stickied thread up top but I thought this was important enough to post by itself.

Seahawks right now have about $6.5M in available space, even after rookies are signed they would have over $6M. Probably enough to sign another mid-level veteran and work out an extension with Chancellor if the parties are willing.

Thanks for making a separate topic, a lot of us (including me) wouldn't have seen it otherwise.

Am I reading you right on that second paragraph? The Seahawks usually budget $4 million for draft picks (without the late 1st it's probably $3 million now). Granted some picks won't make the 53 man roster but I'd think Seattle would add more than 500k in spending- unless the draft picks only replaced other players on 1st contracts. I'm not saying you're wrong, you might be dead on, I just thought it was an interesting estimate.

Hawkstorian · Mar 24, 2013

Only the 1st 51 contracts count against the salary cap in the off-season, so most rookie deals don't fit into the top-51 and the ones that do bump another deal off the top-51. So even after we sign all our draft picks our cap space will only go down by a few hundred thousand.

So our 'rookie pool' will be $4M or so but that doesn't mean we have to reserve an extra $4M of cap space.

Tech Worlds · Mar 24, 2013

Hawkstorian":16nl0p7o said:
Only the 1st 51 contracts count against the salary cap in the off-season, so most rookie deals don't fit into the top-51 and the ones that do bump another deal off the top-51. So even after we sign all our draft picks our cap space will only go down by a few hundred thousand.

So our 'rookie pool' will be $4M or so but that doesn't mean we have to reserve an extra $4M of cap space.

I will have to agree with John as this is my way understanding it as well.

A London Hawk · Mar 24, 2013

And then all 53 count when the final roster cuts are done?

Jazzhawk · Mar 24, 2013

Tech Worlds":3sdtz6hd said:
Yeh this is about where I had it pegged after doing my calculations.

For some reason I knew you were into pegging.

pinksheets · Mar 24, 2013

A London Hawk":1ez62gnu said:
And then all 53 count when the final roster cuts are done?

No, I believe the salary cap numbers are always based on your 51 highest paid players.

Hawkstorian · Mar 24, 2013

A London Hawk":1fsirtry said:
And then all 53 count when the final roster cuts are done?

Correct. All 53 plus any injured players and the practice squad.

QuahHawk · Mar 24, 2013

The Yugoslavian":2l2rvc4p said:
Great news. My wish list appears realistic then. I really really really want us to;

1.) Sign Fred Davis, 1 year 1.2 mil deal
2.) Re-sign Alan Branch
3.) Sign Charles Woodson to play nickel & 3rd safety
4.) Re-sign Kam "Bam-Bam" Chancellor

We have the space to do all four and still sign the rookies. Let's make it happen!

Close to my opinion

1. Re-sign Alan Branch
2. Re-sign Kam Chancellor
3. Sign FA CB or DT (Woodson or Seymore)

LymonHawk · Mar 24, 2013

Thanks for the info, John! :th2thumbs:

SalishHawkFan · Mar 25, 2013

Tech Worlds":1vud3tgo said:
Yeh this is about where I had it pegged after doing my calculations.

Yeah, when I threw my dart that's where it landed too.

HawKnPeppa · Mar 25, 2013

Tech Worlds":6hqvhzll said:
Hawkstorian":6hqvhzll said:

Only the 1st 51 contracts count against the salary cap in the off-season, so most rookie deals don't fit into the top-51 and the ones that do bump another deal off the top-51. So even after we sign all our draft picks our cap space will only go down by a few hundred thousand.

So our 'rookie pool' will be $4M or so but that doesn't mean we have to reserve an extra $4M of cap space.

Click to expand...

I will have to agree with John as this is my way understanding it as well.

Bwaahaha! Stop already :les:

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