dead cap space

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dead cap space
Sun May 05, 2013 6:06 pm
  • Do we have any that is hampering our roster? I remember that what his name TJ something had something in his contract that would make us pay whatever he does not get from another team. Would that or any other releases have an effect on cap room?
    theseahawkguy
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Re: dead cap space
Sun May 05, 2013 6:42 pm
  • The Hawks are carrying about $5.07M in dead cap space money... $4M of which is from trading Matt Flynn and $0.75 is from releasing Leon Washington... according to spotrac.com.

    From the same source, the Hawks still have about $6M in cap space but they are slotted with about $5M in first year rookie cap space... so it looks like they could carry over about $1M in cap room into 2014.
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    onanygivensunday
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Re: dead cap space
Sun May 05, 2013 6:43 pm
  • Unfortunately we do have some dead money.

    Matt Flynn 4M, Leon 750k and then Ben Obomanu and Korey Toomer (assuming he does not make it) come at arround 150k a piece. Finally we probably have something meaningless for Dexter Davis
    seahawksTopGear
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Re: dead cap space
Sun May 05, 2013 7:08 pm
  • Now that I think of it, doesn't the new CBA require all teams to spend 99% of their cap?

    $123M * 0.99 = 121,770,000

    Apparently we have $6M in cap space left. So aren't we below the minimum requirement?
    dumbrabbit
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Re: dead cap space
Sun May 05, 2013 7:24 pm
  • The new CBA requires teams to spend 89% of their cap. Whatever you don't spend rolls over
    seahawksTopGear
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Re: dead cap space
Sun May 05, 2013 9:07 pm
  • Things aren't quite as simple as it seems. First of all, there are two separate numbers when talking salaries. The cap is only one calculation. The calculation the cba is dealing with in terms of spending is actual money spent. The cap is calculated using a complex formula, whereas money spent in a year is a flat amount of cash actually expended in any given year.


    Also, as far as rookie salaries are concerned, we have a rookie pool, but that doesn't mean we just deduct that amount from the cap. After all is said and done, only the top 53 salaries will count when the regular season begins. As of now they count the top 51 salaries. When we add the rookies onto the list of players, they will knock some of the salaries off the list, so that gets added back in. Also, when cuts are made at the end of the pre-season, there is likely to be a few veteran salaries that get cut where rookie salaries are added, thereby adding more to the cap. Even considering our major players all make the team, I wouldn't figure more than about $2 million more off the current cap and that would leave us between 3 and 4 million. Of course we may easily cut some salary before then, and we have possible extensions of other players coming as well, so the cap right now is what it is, and trying to guess what it will be on opening day is pretty fruitless
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    kidhawk
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