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Following the Cap numbers ........

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Following the Cap numbers ........
Tue Mar 23, 2021 10:59 am
  • I don't remember a previous off season where voidable years were utilized this early to get under the cap.

    Ethan Pocic's deal has a voidable year in 2022 which, if not extended, would result in $1,000,000 in 2022 dead cap.

    Chris Carson's deal has a voidable year in 2023 which, if not extended, would result in $ 1,500,000 in 2023 dead cap

    The current (at the time of this post) dead cap charge for 2021 sits at $1,309,419.

    It's fortunate the front office got their dead cap number down low for this year. That has come in handy for this unusual cap year. They apparently anticipated this. The impact of void years on future dead cap costs is worth keeping an eye on. The benefit of front office preference for shorter contracts helps keep dead cap costs under control.

    Seahawks get aggressive in retaining Chris Carson and Ethan Pocic >>> https://www.fieldgulls.com/2021/3/23/22344484/seattle-seahawks-get-aggressive-retaining-their-own-free-agents-chris-carson-ethan-pocic-void-years

    NOTE: Over The Cap currently lists the Seahawks as over the cap by - $2,753,013. Seahawks are listed last in cap space as of this moment. They are clearly utilizing all of their 2021 cap space allowance.

    Offense & Defense allocations: Currently ..... $100,956,170 on offensive players & $76,305,121 on defensive players.
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Re: Following the Cap numbers ........
Tue Mar 23, 2021 3:32 pm
  • Thanks for the informative post! :2thumbs:
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Re: Following the Cap numbers ........
Tue Mar 23, 2021 4:08 pm
  • FWIW, the Saints are the Kings of the Voidable Years.

    Once Drew Brees retirement becomes official, the Saints will have over $35M in dead money for 2021.

    And by recently restructuring multiple contracts to shed 2021 cap, they pushed another $35M in voidable years into 2022.

    Similarly, they pushed another $4.7M into 2023 and an additional $8.6M into 2024.

    That's a total of $84M over the next five years.
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Re: Following the Cap numbers ........
Tue Mar 23, 2021 4:32 pm
  • I'm still not a fan of the void years, but I'm also not going to complain about it every single time this comes up like a broken record. I just don't think the 2021 Seahawks are necessarily better than we should be in future seasons. Our front office placing too much weight on the present is they only area where I don't think they have the STH's best interests in mind.
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Re: Following the Cap numbers ........
Tue Mar 23, 2021 10:14 pm
  • Jville wrote:I don't remember a previous off season where voidable years were utilized this early to get under the cap.

    Ethan Pocic's deal has a voidable year in 2022 which, if not extended, would result in $1,000,000 in 2022 dead cap.

    Chris Carson's deal has a voidable year in 2023 which, if not extended, would result in $ 1,500,000 in 2023 dead cap

    The current (at the time of this post) dead cap charge for 2021 sits at $1,309,419.

    It's fortunate the front office got their dead cap number down low for this year. That has come in handy for this unusual cap year. They apparently anticipated this. The impact of void years on future dead cap costs is worth keeping an eye on. The benefit of front office preference for shorter contracts helps keep dead cap costs under control.

    Seahawks get aggressive in retaining Chris Carson and Ethan Pocic >>> https://www.fieldgulls.com/2021/3/23/22344484/seattle-seahawks-get-aggressive-retaining-their-own-free-agents-chris-carson-ethan-pocic-void-years

    NOTE: Over The Cap currently lists the Seahawks as over the cap by - $2,753,013. Seahawks are listed last in cap space as of this moment. They are clearly utilizing all of their 2021 cap space allowance.

    Offense & Defense allocations: Currently ..... $100,956,170 on offensive players & $76,305,121 on defensive players.
    Wait all we hear is they spend more on defense than offense. That we need to spend more on offense this year? Hmm


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Re: Following the Cap numbers ........
Wed Mar 24, 2021 11:19 am
  • Jville wrote:I don't remember a previous off season where voidable years were utilized this early to get under the cap.

    Ethan Pocic's deal has a voidable year in 2022 which, if not extended, would result in $1,000,000 in 2022 dead cap.

    Chris Carson's deal has a voidable year in 2023 which, if not extended, would result in $ 1,500,000 in 2023 dead cap

    The current (at the time of this post) dead cap charge for 2021 sits at $1,309,419.

    It's fortunate the front office got their dead cap number down low for this year. That has come in handy for this unusual cap year. They apparently anticipated this. The impact of void years on future dead cap costs is worth keeping an eye on. The benefit of front office preference for shorter contracts helps keep dead cap costs under control.

    Seahawks get aggressive in retaining Chris Carson and Ethan Pocic >>> https://www.fieldgulls.com/2021/3/23/22344484/seattle-seahawks-get-aggressive-retaining-their-own-free-agents-chris-carson-ethan-pocic-void-years

    NOTE: Over The Cap currently lists the Seahawks as over the cap by - $2,753,013. Seahawks are listed last in cap space as of this moment. They are clearly utilizing all of their 2021 cap space allowance.

    Offense & Defense allocations: Currently ..... $100,956,170 on offensive players & $76,305,121 on defensive players.


    This all makes Heap's 'insider' info regarding Dunlap and KJ look a little bit shaky.
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Re: Following the Cap numbers ........
Wed Mar 24, 2021 3:28 pm
  • The Seahawks tend to adopt established trends a bit slowly, but again show they aren't afraid to hop on board when it makes sense.

    The cap is deflated this year, and expected to rise at an even higher rate after this with the new broadcasting deals and the vaccine rollout going as planned. To keep a competitive team, they start kicking the cap can down the road in a measured fashion to benefit without leveraging the future. I like the approach and am glad to see they adopted it at the smart time to do so.

    I'm not worried about them being over the cap. They have so many avenues to put themselves well into the green at a moments notice, so I'm sure we'll see what that is, whether it be extensions, restructures, or trades to acquire some draft capital.

    Quality post as always, Jville.
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Re: Following the Cap numbers ........
Wed Mar 24, 2021 5:35 pm
  • I don't know if the team is in fact actually over the cap as contracts could have been reworked to free up money.

    I'd think that if they really wanted to they could find the money to re-up Dunlap and perhaps a few others.

    They are certainly now at the stage of working on redoing contracts to free cap space.
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Re: Following the Cap numbers ........
Wed Mar 24, 2021 11:18 pm
  • I have yet to see agreements for Benson Mayowa and Kerry Hyder show up on NFL transactions. So presumably, the paper work has yet to be summited. It's too early for today's announced agreements with Jordan Simmons and Cedric Ogbueh. The most recent official announcement was the Ethan Pocic signing.

    Also, the Chris Carson signing has yet to be officially announced by the Seahawks or listed by NFL transactions. So OTC may have jumped the gun by including him in their ($2,753,013) over the cap number. In any case, I would guess that a deal providing cap relief is in the works. Perhaps we will learn more on Thursday 3/25.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 10:10 am
  • I have seen lots of voidable years in that there is no guarantees for the last year, but this year goes to a new extreme

    Several of these voids automatically if the player is on the roster going into the last year

    Lol I get why so team can't screw player, but it has never been so obvious that teams are going the system as it is now.

    Honestly the players in the system are benefitting and future players (without a voice) are paying for it.

    Just like future players (again without a voice) had existing players agree on rookie contract limits on their behalf.

    I wondered then and will always wonder if someone will file suit over that.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 12:09 pm
  • They need to keep their cards close & act broke negotiating contracts but simultaneously present an aloof image in trade talks for Lockett, Wagner, Diggs, and Reeds.

    Swain,Lattimore, Amadi, Brooks, Barton, & Blair are fascinating players that could be starters this year.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 12:13 pm
  • jammerhawk wrote:I don't know if the team is in fact actually over the cap as contracts could have been reworked to free up money.

    I'd think that if they really wanted to they could find the money to re-up Dunlap and perhaps a few others.

    They are certainly now at the stage of working on redoing contracts to free cap space.


    I doubt there’s issues but there could be. Brown watched LT Williams get 20 plus million and Lockett might prefer to wait until 2022 to negotiate.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 1:42 pm
  • I just checked in on OTC. Their cap number at this moment has risen to ($6,093,013).
    That red is hard on my eyes. So restated ..... the Cap Space is minus - ($6,093,013).

    OTC is continuing to work the numbers prior to the team submitting all of it's contract agreements to the NFL.

    What this means is that the need for a deal providing cap relief continues to grow.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 1:47 pm
  • Jville wrote:I just checked in on OTC. Their cap number at this moment has risen to ($6,093,013).
    That red is hard on my eyes. So restated ..... the Cap Space is minus - ($6,093,013).

    OTC is continuing to work the numbers prior to the team submitting all of it's contract agreements to the NFL.

    What this means is that the need for a deal providing cap relief continues to grow.



    I am betting they already have those worked out, and we will hear soon.
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 2:31 pm


  • ...................... so that coincides with today's change in the OTC cap number
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 3:56 pm
  • Just wait until next week when we have ti account for RWs dead money hit. Ugh.



    :D
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Re: Following the Cap numbers ........
Thu Mar 25, 2021 5:45 pm
  • No need to wait until next week. This is the event the cap numbers were telegraphing .........

    If I read OTC's numbers correctly ..... $8,975,000 in cap savings and $3,000,000 in dead cap money.

    Link >>> https://overthecap.com/player/jarran-reed/4762/

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Re: Following the Cap numbers ........
Fri Mar 26, 2021 10:14 am
  • It's news dump Friday. Transaction paper work for this week is due in by 1:00 pm pacific time.

    OTC's number for how much the Seahawks are over the cap inched up to ($7,673,013) over night. The weekend will give Jason Fitzgerald some breathing room to review his numbers and updated where necessary.

    With the Dunlap announcement following on the heels of the expected Jarren Reed transaction by 1:00pm, a move for additional cap room is on the horizon. I've expected some kind of news about Tyler Lockett's future thru contract extension. Modifying his current contract seems the simplest course of action for creating cap room.

    I guess patience is the word of the month.

    We'll see :biggthumpup:
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Re: Following the Cap numbers ........
Fri Mar 26, 2021 11:30 am


  • So the voiding mechanism used in the Mayowa contract creates $1,500,000 in future dead cap.

    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    ----------------------------------------------------
    Total to date ....................... $6,000,000
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Re: Following the Cap numbers ........
Fri Mar 26, 2021 11:59 am
  • Joe Lombardi The GM Shuffle said Wednesday the Agents lie! All the contracts are reported 20% higher than what is reported to the NFL office. Waiting for Jason at OTC Over The Cap to respond to Joe Lombardi?
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Re: Following the Cap numbers ........
Tue Mar 30, 2021 11:20 am



  • Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    ----------------------------------------------------
    Total to date ....................... $6,350,000

    As of this morning, OTC currently lists the Seahawks as ($648,013) over the cap.

    Given that a couple of contracts have yet to be included in OTA's calculation and that the Carlos Dunlap and Al Woods contracts have yet to be turned in .............. another required contract adjustment or extension is on the way. Lets just hope it is news about a player extension and not a cap casualty.
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Re: Following the Cap numbers ........
Tue Mar 30, 2021 12:49 pm
  • Cedric Ogbuehi's addition bumped this morning OTC number from ($648,013) over the cap to ($1,781,763) over the cap.

    Big bump on it's way to account for the Dunlap paperwork turned in during the last hour or so.

    EDIT: Also being reported 3/30 ..................


    EDITED again: ..................





    ................. that should open up some 2021 cap room. :2thumbs:
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Re: Following the Cap numbers ........
Wed Mar 31, 2021 3:56 pm
  • Jville wrote:


    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    ----------------------------------------------------
    Total to date ....................... $6,350,000

    As of this morning, OTC currently lists the Seahawks as ($648,013) over the cap.

    Given that a couple of contracts have yet to be included in OTA's calculation and that the Carlos Dunlap and Al Woods contracts have yet to be turned in .............. another required contract adjustment or extension is on the way. Lets just hope it is news about a player extension and not a cap casualty.

    Update/Correction: Add Kerry Hyder's $850,000 to that list for a total of $7.2M.

    By year, it's a total of $3.35M in 2022 and another $3.85M in 2023... very manageable.

    This afternoon, OTC is showing Seattle at $3.743M under the cap.
    onanygivensunday
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Re: Following the Cap numbers ........
Wed Mar 31, 2021 4:41 pm
  • onanygivensunday wrote:
    Jville wrote:
    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    ----------------------------------------------------
    Total to date ....................... $6,350,000

    As of this morning, OTC currently lists the Seahawks as ($648,013) over the cap.

    Given that a couple of contracts have yet to be included in OTA's calculation and that the Carlos Dunlap and Al Woods contracts have yet to be turned in .............. another required contract adjustment or extension is on the way. Lets just hope it is news about a player extension and not a cap casualty.

    Update/Correction: Add Kerry Hyder's $850,000 to that list for a total of $7.2M.

    By year, it's a total of $3.35M in 2022 and another $3.85M in 2023... very manageable.

    This afternoon, OTC is showing Seattle at $3.743M under the cap.


    Nice update :2thumbs: It takes a Village to keep up with this ......

    Cumulative future dead cap generated by void years introduced by reported 2021 contracts as of 3/31.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    ----------------------------------------------------
    Total to date ....................... $7,200,000
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 11:24 am
  • Adding the void year figures generated by the Carlos Dunlap contract.


    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    Carlos Dunlap .................... $8,400,000*
    ----------------------------------------------------
    Total to date ....................... $15,600,000** as of 4/2

    * $4.2 Mil in 2023 + $2.8 Mil in 2024 + $1.4 Mil in 2025 = $8.4 Mil
    ** Total figure is spread out over the next 4 years.

    OTA's cap space figure is $1,797,237 as of this morning. That figure cap space figure doesn't reflect the new Tyler Locket contract as of yet.
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 2:52 pm
  • Jville wrote:Adding the void year figures generated by the Carlos Dunlap contract.


    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    Carlos Dunlap .................... $8,400,000*
    ----------------------------------------------------
    Total to date ....................... $15,600,000** as of 4/2

    * $4.2 Mil in 2023 + $2.8 Mil in 2024 + $1.4 Mil in 2025 = $8.4 Mil
    ** Total figure is spread out over the next 4 years.

    OTA's cap space figure is $1,797,237 as of this morning. That figure cap space figure doesn't reflect the new Tyler Locket contract as of yet.

    Jville - I believe that you're overstating the cost of the voidable years in Dunlap's 2-year extension.

    I believe that it is only $4.2M that comes due in 2023. Yes, his signing bonus was spread over 2024 and 2025 as well but the total cost of the voidable years ($1.4M/year) comes due in 2023.

    If I am correct, that makes the new total cost at $11.4M. 2022 stays at $3.35M and 2024 is now at $8.05M.
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 3:15 pm
  • onanygivensunday wrote:
    Jville wrote:Adding the void year figures generated by the Carlos Dunlap contract.


    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    Carlos Dunlap .................... $8,400,000*
    ----------------------------------------------------
    Total to date ....................... $15,600,000** as of 4/2

    * $4.2 Mil in 2023 + $2.8 Mil in 2024 + $1.4 Mil in 2025 = $8.4 Mil
    ** Total figure is spread out over the next 4 years.

    OTA's cap space figure is $1,797,237 as of this morning. That figure cap space figure doesn't reflect the new Tyler Locket contract as of yet.

    Jville - I believe that you're overstating the cost of the voidable years in Dunlap's 2-year extension.

    I believe that it is only $4.2M that comes due in 2023. Yes, his signing bonus was spread over 2024 and 2025 as well but the total cost of the voidable years ($1.4M/year) comes due in 2023.

    If I am correct, that makes the new total cost at $11.4M. 2022 stays at $3.35M and 2024 is now at $8.05M.


    Thanks for posting. My understanding is the new contract provides for 2 years followed by 3 void years ......

    I'm seeing 3 void years consisting of 2023, 2024 and 2025. I'm using OTA's numbers and presentation of details available here >>> https://overthecap.com/player/carlos-dunlap/168/
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 3:27 pm
  • Jville wrote:I'm seeing 3 void years consisting of 2023, 2024 and 2025. I'm using OTA's numbers and presentation of details available here >>> https://overthecap.com/player/carlos-dunlap/168/

    As am I.

    The only voidable year that has a cap number (other than $0) is 2023. And that number, $4.2M, is the sum of $1.4M/year for three years. The voidable years total of $4.2M comes due in 2023. There's no additional cost in 2024 and 2025. I'm fairly certain that I'm right.

    Here's another check... add up the cap hits for 2021, 2022 and 2023... and they total $13.6M, which is the total value of the contract extension mentioned in the first line of the embedded tweet.
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 3:37 pm
  • onanygivensunday wrote:
    Jville wrote:I'm seeing 3 void years consisting of 2023, 2024 and 2025. I'm using OTA's numbers and presentation of details available here >>> https://overthecap.com/player/carlos-dunlap/168/

    As am I.

    The only voidable year that has a cap number (other than $0) is 2023. And that number, $4.2M, is the sum of $1.4M/year for three years. The voidable years total of $4.2M comes due in 2023. There's no additional cost in 2024 and 2025. I'm fairly certain that I'm right.

    Here's another check... add up the cap hits for 2021, 2022 and 2023... and they total $13.6M, which is the total value of the contract extension mentioned in the first line of the embedded tweet.


    Your correct. :2thumbs: Thanks for catching my mistake ...... revised presentation follows ....

    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    Carlos Dunlap .................... $4,200,000
    ----------------------------------------------------
    Total to date ....................... $11,400,000** as of 4/2

    OTA's cap space figure is $1,797,237 as of this morning. That figure cap space figure doesn't reflect the new Tyler Locket contract as of yet.
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Re: Following the Cap numbers ........
Fri Apr 02, 2021 3:43 pm
  • onanygivensunday wrote:
    Jville wrote:I'm seeing 3 void years consisting of 2023, 2024 and 2025. I'm using OTA's numbers and presentation of details available here >>> https://overthecap.com/player/carlos-dunlap/168/

    As am I.

    The only voidable year that has a cap number (other than $0) is 2023. And that number, $4.2M, is the sum of $1.4M/year for three years. The voidable years total of $4.2M comes due in 2023. There's no additional cost in 2024 and 2025. I'm fairly certain that I'm right.



    Jville - I believe that you're overstating the cost of the voidable years in Dunlap's 2-year extension.

    I believe that it is only $4.2M that comes due in 2023. Yes, his signing bonus was spread over 2024 and 2025 as well but the total cost of the voidable years ($1.4M/year) comes due in 2023.

    Cumulative future dead cap generated by void years introduced by reported 2021 contracts.

    Ethan Pocic ........................ $1,000,000
    Chris Carson ...................... $1,500,000
    Gerald Everett .................... $2,000,000
    Benson Mayowa ................ $1,500,000
    Cedric Ogbuehi .................. $0,350,000
    Kerry Hyder ........................ $0,850,000
    Carlos Dunlap .................... $4,200,000
    ----------------------------------------------------
    Total to date ....................... $11,400,000 as of 4/2
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Re: Following the Cap numbers ........
Sat Apr 03, 2021 2:28 pm
  • Man, I thought JS did phenomenal in retaining Carson, Mayowa, signing Hyder, trading for and extending Jackson to friendly deals that fit our cap situation and arguably under market value. However, Dunlap’s true cap numbers at 2 years, 13.6 (6.8 apy) going from 1 yr, 14m to a cap charge under 3m is under appreciated genius.

    Seahawks off-season have literally gone from trying to navigate a desert through a sandstorm to finding an oasis of possibility to retain its roster both short-term and long-term.

    If Seahawks do find post-season success in 2021, how does JS finally not deserve GMOTY?
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Re: Following the Cap numbers ........
Sat Apr 03, 2021 4:03 pm
  • Pandion Haliaetus wrote:Man, I thought JS did phenomenal in retaining Carson, Mayowa, signing Hyder, trading for and extending Jackson to friendly deals that fit our cap situation and arguably under market value. However, Dunlap’s true cap numbers at 2 years, 13.6 (6.8 apy) going from 1 yr, 14m to a cap charge under 3m is under appreciated genius.

    Seahawks off-season have literally gone from trying to navigate a desert through a sandstorm to finding an oasis of possibility to retain its roster both short-term and long-term.

    If Seahawks do find post-season success in 2021, how does JS finally not deserve GMOTY?



    Because you have the Cards and Rams signing bigger names.
    chris98251
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Re: Following the Cap numbers ........
Wed Apr 07, 2021 9:45 am

Re: Following the Cap numbers ........
Wed Apr 07, 2021 12:26 pm
  • Thanks for the update. Love these collaborative postings.

    Cap Costs assigned to new Tyler Lockett contract ......

    2021 $9,250,000
    2022 $10,050,000
    2023 $16,750,000
    2024 $23,950,000
    2025 $23,950,000

    Very accommodating numbers. :2thumbs:

    Feel free to tell those that freak out over the numbers that the new TV money begins to kick in 2023.

    And to those that don't like old people, inform them that Steve Largent played to age 35.

    ................................................................................................................................
    EDIT: ................................
    Current offensive cap number ................ $96,724,920
    Current defensive cap number ............... $68,706,121
    Jville
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Re: Following the Cap numbers ........
Thu Apr 08, 2021 10:18 am
  • With Al Woods officially now in the fold, overthecap.com is showing the Hawks at $5.865 under the cap.

    Could we be inching towards a KJ signing? Maybe another move or two could make it a possibility.
    onanygivensunday
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Re: Following the Cap numbers ........
Thu Apr 08, 2021 10:21 am
  • KJ was a no go for Dallas, possible he is back, the market for him isn't large unless they have an emergency situation at his age and chronic past knee issues.
    chris98251
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Re: Following the Cap numbers ........
Fri Apr 09, 2021 10:08 am
  • onanygivensunday wrote:With Al Woods officially now in the fold, overthecap.com is showing the Hawks at $5.865 under the cap.

    Could we be inching towards a KJ signing? Maybe another move or two could make it a possibility.


    So updating ................ the Al Woods cap number for 2021 came in at $2,411,765 ................................................................................................................................

    EDIT: ................................
    Updated offensive cap number ................ $96,724,920
    Updated defensive cap number ............... $71,117,886
    Jville
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Re: Following the Cap numbers ........
Fri Apr 09, 2021 11:51 am
  • So, as of right now, that’s it. $324,581 is all the salary cap space that is needed for the team to sign its draft picks. Obviously, the Hawks could add more draft picks in the time between now and when the draft starts later in April. However, with the three picks the Seahawks hold set to put the 51st largest cap hit for the team to $850,000, any draft pick the team adds after Round 4, Pick 116, which is set to carry a cap hit of approximately $849,573, would have no impact on the salary cap picture for the team during the offseason.


    Easy to read article on amount of cap room needed to sign drafted rookies >>> https://www.fieldgulls.com/2021/4/9/22375329/how-much-cap-space-seattle-seahawks-need-2021-draft-picks-jamal-adams-trade-minimal-net-difference
    Jville
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Re: Following the Cap numbers ........
Fri Apr 09, 2021 3:44 pm
  • Jville wrote:Feel free to tell those that freak out over the numbers that the new TV money begins to kick in 2023.

    I have difficulty seeing how this argument is anything besides the basic discounting assertion that stuff is more valuable now than in the future. Do you disagree with any of the following statements?

    1. Level of talent is determined by spending efficiency under a fixed salary cap.
    2. Spending efficiency only matters in relation to other teams.
    3. Future cap increases that benefit all teams equally do not affect relative spending efficiency between teams.

    Or to put it more simply, if team A borrows $15m more from next year than team B, then it doesn't matter if the cap goes up by $15m. Team A will still have $15m less talent the following year than team B does.
    AgentDib
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Re: Following the Cap numbers ........
Fri Apr 09, 2021 4:34 pm
  • AgentDib wrote:
    Jville wrote:Feel free to tell those that freak out over the numbers that the new TV money begins to kick in 2023.

    I have difficulty seeing how this argument is anything besides the basic discounting assertion that stuff is more valuable now than in the future. Do you disagree with any of the following statements?

    1. Level of talent is determined by spending efficiency under a fixed salary cap.
    2. Spending efficiency only matters in relation to other teams.
    3. Future cap increases that benefit all teams equally do not affect relative spending efficiency between teams.

    Or to put it more simply, if team A borrows $15m more from next year than team B, then it doesn't matter if the cap goes up by $15m. Team A will still have $15m less talent the following year than team B does.


    If I'm not mistaken, the quote came out of a Tyler Lockett thread. I would call my remark a cash flow statement as it relates to the Seahawks future cap projections. If revenues are going up, then the CBA mandates an increase in payroll costs. That's all I was saying with that statement.

    I would note in passing that no team can borrow from a future cap year. What they do instead is defer cap costs to future years thru contract restructures. With regards to future dead cap concerns, the rule of thumb that I recall is that it needs to be held down to 10% or less of the cap in any given year.
    Jville
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