http://www.spotrac.com/nfl/seattle-seahawks/yearly/

I thought with all the off season talk, I thought it would be good to have a thread to discuss salary cap information that people could refer to for information.

The thread I've linked has a list of each players annual salaries with contract lengths. There is also a link on the page to the actual 2012 cap hits for each player that shows how much we took in 2012 as a cap hit from bonuses (signing, workout, performance bonuses, etc.). That is here:

http://www.spotrac.com/nfl/seattle-seahawks/cap-hit/

And here's a link from the same site to the list of all our player salaries. From this page, you can see total salaries and length of contract. Clicking on a players name will bring you to their page and give you their individual salary and cap hit details for each year of the contract.

http://www.spotrac.com/nfl/seattle-seahawks/


I'm sure information will change and need to be updated, or people may have additional links with more information, so please post them here. Hopefully we can get this stickied so we can easily reference these links for contract and salary cap details.

There have been a few different posts discussing this already, including spotrac.com website. I agree that it is a good website. Mods, I'd suggest stickying this so that we all have easy quick access to it and it would likely cut down on the number of same topic threads in the offseason.

(Mods, if my post doesn't fit into this thread feel free to move it)

Matt Flynn's contract will be asked about plenty this off-season, so I've been working on it, and hopefully I can lay out all the useful information people want to know. It's a bit complicated, so bare with me. Also, please, correct me if my figures or math is wrong.

a. According to Sportrac, Flynn's contract is $19.5 million over 3 years (with an additional 7 million in escalators, but ignore that. He won't receive it as a backup).

b. Of the realistic $19.5m contract, 10 million is guaranteed. After a 2m base salary and 2m signing bonus in 2012, he still has 6 million left guaranteed over the life of his contract; a remaining 4m in signing bonus (spread over two years) and 2m which comes elsewhere (base salary or dead cap space should he be cut).

c. Cutting Flynn before the 2013 season would cost 6 million in cap hit, spread over one or two years to cover his guaranteed money (Either 4m in 2013 + 2m in 2014 OR 6m in 2013. Thanks to mikeak for the correction), unless he is claimed off waiver. see point k.

d. If he was still on the roster next season, his base salary (5.25m) + his signing bonus (2m) would be a cap hit of 7.25m in 2013 and we would STILL be owed 2m in 2014 because his signing bonus in '14 is not included with his '13 base salary.

So, if we cut him before the 2014 season, his total two year cap hit would be $9.25 million w/ one season of play. (5.25m base salary + (2m + 2m signing bonus) = $9.25m)

e. If Flynn was to play two seasons, his total two-year cap hit would be 15.5m (4m in signing bonus + (5.25m + 6.25m base salary) = $15.5m).

f. The difference in cap space savings is $3.25 million if we cut him before the '13 season versus cutting him before 2014. (9.25m - 6m = $3.25m). Essentially, it costs us 3.25m more to keep him for next season and then cut him.

g. The difference in cap space loss is $1.25m if we can trade him before the '14 season versus cutting him before 2013. (6m - 7.25m = -1.25m). Essentially, he would costs us 1.25m more to keep him next season if we can trade him outright before the '14 season. (Writer's note: It must be absolutely certain he can be traded before the '14 season to think of the numbers this way.)

h. The cost to replace Flynn's roster spot starts with the minimum allowed salary (~$450,000) and should be compared against the 3.25m or 1.25m it cost to keep Flynn. (Ex. $3.25m - $450,000 = $2.8m cap saving)

i. Trading him outright before next season would save a total cap space of $11.5m over two years.

j. Trading him before the '14 season would save a cap space of $6.25m in 2014.

k. Should Flynn be cut and claimed of wavier wire by another team, they would take on the money owed for the base salary of Flynn's current contract which would include the 2 million portion of guaranteed money the Seahawks owe. Essentially, the cap hit would be reduced to $4m (from the signing bonus), instead of the original $6m. Writer's note: Additionally, figures in c., f., and h. would need to be adjusted. Example: (f.) 9.25m - 4m = 5.25m cap space saved

This post is not meant to start a Flynn cut/trade discussions here in this thread, but is purely Cap Salary information you can use in other, more appropriate threads. (Unless the OP's goal was to allow all player trade/cut discussion to be here?).

Edit: Added an alphabetic format and corrected g.
Edit: Added and confirmed k.
Edit: Corrected and confirmed i. & j.

"- Cutting Flynn before the 2013 season would cost 6 million in cap hit, spread over two years to cover his guaranteed money (Either 4m in 2013 + 2m in 2014 OR 2m in '13 and 4m in '14. I'm not sure which)"

If we cut him after June 1 the signing bonus will be spread on two years so that makes it $2m each year. If we cut him before then we are taking the $4m in 2012. In addition there is $2 million left guaranteed so that makes it $4M in 2013 and $2M in 2014 or cut before June and all $6M hits 2013

mikeak wrote:"- Cutting Flynn before the 2013 season would cost 6 million in cap hit, spread over two years to cover his guaranteed money (Either 4m in 2013 + 2m in 2014 OR 2m in '13 and 4m in '14. I'm not sure which)"

If we cut him after June 1 the signing bonus will be spread on two years so that makes it $2m each year. If we cut him before then we are taking the $4m in 2012. In addition there is $2 million left guaranteed so that makes it $4M in 2013 and $2M in 2014 or cut before June and all $6M hits 2013

Thanks. Great information.

EDIT: I'm going to edit my post to reflect this. Still, the way cap space can be rolled over into the next year, now, the $6 million figure spread over one year or two won't really change the end result in cap hit.

Great post Recon...basically my only goal with this thread was to make a thread for information to be easily accessible or linked to in other threads that will no doubt, be popping up such as the lengthy Flynn thread already running.

I was hoping that as the off-season progressed and contracts are signed, and some may be restructured, this thread would hold that information while allowing others to discuss it in more specific topic threads.

mikeak wrote:"- Cutting Flynn before the 2013 season would cost 6 million in cap hit, spread over two years to cover his guaranteed money (Either 4m in 2013 + 2m in 2014 OR 2m in '13 and 4m in '14. I'm not sure which)"

If we cut him after June 1 the signing bonus will be spread on two years so that makes it $2m each year. If we cut him before then we are taking the $4m in 2012. In addition there is $2 million left guaranteed so that makes it $4M in 2013 and $2M in 2014 or cut before June and all $6M hits 2013

That June 1st date is noteworthy ...... (unless they changed it in the last CBA which I doubt).

The projected cap hits, as displayed on Sportack, charge off all of any schedutled roster bonus in the payment year. In other words, treating it as if the player is expected to receive the roster bonus but expected to be released prior to June 1 of the roster bonus year. However if the player plays out his contract, the cap hits generated by the roster bonus is actually distributed over the balance of the remaining contract years.

The cap costs displayed by Sportack has created confusion on this message board in the past and I am sure will trigger confusion in the future. So ... we should all be aware to avoid getting caught up in the confusion. Be cognizant of the June 1st date for scheduled roster bonuses and how it impacts actual cap hit calculations.

Jville wrote:

mikeak wrote:"- Cutting Flynn before the 2013 season would cost 6 million in cap hit, spread over two years to cover his guaranteed money (Either 4m in 2013 + 2m in 2014 OR 2m in '13 and 4m in '14. I'm not sure which)"

If we cut him after June 1 the signing bonus will be spread on two years so that makes it $2m each year. If we cut him before then we are taking the $4m in 2012. In addition there is $2 million left guaranteed so that makes it $4M in 2013 and $2M in 2014 or cut before June and all $6M hits 2013

That June 1st date is noteworthy ...... (unless they changed it in the last CBA which I doubt).

The projected cap hits, as displayed on Sportack, charge off all of any schedutled roster bonus in the payment year. In other words, treating it as if the player is expected to receive the roster bonus but expected to be released prior to June 1 of the roster bonus year. However if the player plays out his contract, the cap hits generated by the roster bonus is actually distributed over the balance of the remaining contract years.

The cap costs displayed by Sportack has created confusion on this message board in the past and I am sure will trigger confusion in the future. So ... we should all be aware to avoid getting caught up in the confusion. Be cognizant of the June 1st date for scheduled roster bonuses and how it impacts actual cap hit calculations.

Yes, you can never take any one place for granted when it comes to the cap. There will always be some variance even amongst the experts. I like this site, not so much for the overall team data, but for the fact that you can look up each individual contract and use that in your own figures or to check others. I leave the cap as a whole to whatever the team sources tend to put out from time to time.

I hope others will have other sites to add to this thread to make for more complete information for everyone. (Links to actual cap numbers for the teams w/dates would be great too)

Multiple sources certainly help clarify the subject matter. No different than consulting multiple authors in ones course work or at the library.

Here is an additional contract resource I've found useful to consult >>> http://www.rotoworld.com/teams/contracts/nfl/sea/

I don't know of the June 1st in regards to roster bonus. I think those can be individually negotiated like in the Vick case I heard March 1st.

My reference to the June 1st date is for all signing bonuses. If you cut before June 1 the full signing bonus previously split in remaining years goes against current year cap. After June 1 you can split it up with next year

I've added another scenario bit of information.

"k. Should Flynn be cut and claimed of wavier wire by another team, they would accept the money owed for the base salary of Flynn's current contract which may include the 2 million portion of guaranteed money Seahawks owe. Essentially, the reduced cap hit would be $4m, instead of $6m. Writer's note: This is not confirmed, yet. Additionally, figures in c., f., and h. would need to be adjusted. Example: (f.) 9.25m - 4m = 5.25m cap space saved"

Can anyone confirm that this would be true? I think it could serve as an argument for people who think Flynn would be claimed by another team, thus reducing the cap hit if he were cut.

Recon_Hawk wrote:I've added another scenario bit of information.

"k. Should Flynn be cut and claimed of wavier wire by another team, they would accept the money owed for the base salary of Flynn's current contract which may include the 2 million portion of guaranteed money Seahawks owe. Essentially, the reduced cap hit would be $4m, instead of $6m. Writer's note: This is not confirmed, yet. Additionally, figures in c., f., and h. would need to be adjusted. Example: (f.) 9.25m - 4m = 5.25m cap space saved"

Can anyone confirm that this would be true? I think it could serve as an argument for people who think Flynn would be claimed by another team, thus reducing the cap hit if he were cut.

I was under the impression that claiming teams only take on the salary and that the bonus is dead money on the previous team's cap. I could be wrong, but that's what I've always assumed.

kidhawk wrote:

Recon_Hawk wrote:I've added another scenario bit of information.

"k. Should Flynn be cut and claimed of wavier wire by another team, they would accept the money owed for the base salary of Flynn's current contract which may include the 2 million portion of guaranteed money Seahawks owe. Essentially, the reduced cap hit would be $4m, instead of $6m. Writer's note: This is not confirmed, yet. Additionally, figures in c., f., and h. would need to be adjusted. Example: (f.) 9.25m - 4m = 5.25m cap space saved"

Can anyone confirm that this would be true? I think it could serve as an argument for people who think Flynn would be claimed by another team, thus reducing the cap hit if he were cut.

I was under the impression that claiming teams only take on the salary and that the bonus is dead money on the previous team's cap. I could be wrong, but that's what I've always assumed.

The Hawks would still be responsible for the $4million in signing bonus, but there remains another $2 million guaranteed in his contract that is tied to his base salary. If another team took on his 11.5m two/yr base salary, I believe the 2m is a part of that. Otherwise, Flynn would be paid an extra 2m on the life of his contract. (15.5m left on his contract - 11.5m in base salary = 4m <---signing bonus which we owe no matter what)

Either the team claiming Flynn only pays 3.25m of the first year and the Hawks cover the other 2m, or the Hawks are off the hook for that 2m.

At least, that's how I think it works.

Recon_Hawk wrote:

kidhawk wrote:

Recon_Hawk wrote:I've added another scenario bit of information.

"k. Should Flynn be cut and claimed of wavier wire by another team, they would accept the money owed for the base salary of Flynn's current contract which may include the 2 million portion of guaranteed money Seahawks owe. Essentially, the reduced cap hit would be $4m, instead of $6m. Writer's note: This is not confirmed, yet. Additionally, figures in c., f., and h. would need to be adjusted. Example: (f.) 9.25m - 4m = 5.25m cap space saved"

Can anyone confirm that this would be true? I think it could serve as an argument for people who think Flynn would be claimed by another team, thus reducing the cap hit if he were cut.

I was under the impression that claiming teams only take on the salary and that the bonus is dead money on the previous team's cap. I could be wrong, but that's what I've always assumed.

The Hawks would still be responsible for the $4million in signing bonus, but there remains another $2 million guaranteed in his contract that is tied to his base salary. If another team took on his 11.5m two/yr base salary, I believe the 2m is a part of that. Otherwise, Flynn would be paid an extra 2m on the life of his contract. (15.5m left on his contract - 11.5m in base salary = 4m <---signing bonus which we owe no matter what)

Either the team claiming Flynn only pays 3.25m of the first year and the Hawks cover the other 2m, or the Hawks are off the hook for that 2m.

At least, that's how I think it works.

Ahhh yes, any unpaid bonuses move along with the contract..unless of course the contract is renegotiated, which is fairly common, then the new team takes on the new contract with the old contract being voided (this doesn't change our cap money at all, still responsible for the dead money on our cap and this applies for all players under contract)

Can someone please explain how the RFA (Restricted Free-Agent) and UFA (Unrestricted Free-Agent) rules work in the NFL's CBA? Is it similar to the NHL's or is it completely different?

In the NHL, a restricted free agent [RFA] is a player who's rookie contract expired and his current team has a chance to extend a qualifying offer. This keeps the player from becoming an unrestricted free agent and available for any team to negotiate with. Then the only way another team can acquire that RFA player is to draft an offer sheet (at least that's what I think its called, an "offer sheet"). Now the current team is notified of the offer that another team made to their restricted free agent, and they either have to match the amount of $$$ on the offer sheet or let the player join the other team. The player has no say in the entire process, unless he files for salary arbitration, which I am pretty sure an RFA can do in the NHL.

An unrestricted free agent in the NHL is free to go anywhere he chooses for whatever a team is willing to pay him, which I know is the same in the NFL. It's only the Restricted Free Agent rule that i'm not sure about.

So... Is that how the RFA works in the NFL or is it somewhat similar? Completely different?

Thanks

Zowert wrote:Can someone please explain how the RFA (Restricted Free-Agent) and UFA (Unrestricted Free-Agent) rules work in the NFL's CBA? Is it similar to the NHL's or is it completely different?

In the NHL, a restricted free agent [RFA] is a player who's rookie contract expired and his current team has a chance to extend a qualifying offer. This keeps the player from becoming an unrestricted free agent and available for any team to negotiate with. Then the only way another team can acquire that RFA player is to draft an offer sheet (at least that's what I think its called, an "offer sheet"). Now the current team is notified of the offer that another team made to their restricted free agent, and they either have to match the amount of $$$ on the offer sheet or let the player join the other team. The player has no say in the entire process, unless he files for salary arbitration, which I am pretty sure an RFA can do in the NHL.

An unrestricted free agent in the NHL is free to go anywhere he chooses for whatever a team is willing to pay him, which I know is the same in the NFL. It's only the Restricted Free Agent rule that i'm not sure about.

So... Is that how the RFA works in the NFL or is it somewhat similar? Completely different?

Thanks

Except for the salary arbitration part, that is pretty much how it works in the NFL. Just before the start of the new league year, they will announce what the tender amounts are for franchise players and Restricted Free agents. Teams that want to, may offer that amount to their player, and he may either sign it or go to the market and seek out a better contract, which we could either match or let him walk.

Here is an article in a UK paper today about all 32 teams and the salaries they currently have on offence and defence. Not sure if the numbers tie up with the above links etc, but shows the hawks as the 30th team in the league in terms of salary paid

http://www.guardian.co.uk/sport/interac ... isco-49ers

From Rotoworld:

Max Unger - C - Seahawks Seahawks C Max Unger triggered an escalator in his contract, raising his 2013 salary from $4 million to $4.9 million.

Earl Thomas - DB - Seahawks Seahawks FS Earl Thomas triggered an escalator in his contract, raising his 2013 salary from $1.575 million to $2.05 million.

Paul McQuistan - G - Seahawks Seahawks OG Paul McQuistan triggered an escalator in his contract, upping his 2013 salary from $2 million to $3 million.

Breno Giacomini - T - Seahawks Seahawks RT Breno Giacomini triggered an escalator in his contract, raising his 2013 salary from $3 million to $3.5 million.

Kam Chancellor - DB - Seahawks Seahawks SS Kam Chancellor's 2013 base salary increased from $575,000 to $1.323 million after he hit escalators in his rookie deal.

These changes reduce the available to 2013 cap to about $14.5M (from $18.3).

Hawkstorian wrote:From Rotoworld:

Max Unger - C - Seahawks Seahawks C Max Unger triggered an escalator in his contract, raising his 2013 salary from $4 million to $4.9 million.

Earl Thomas - DB - Seahawks Seahawks FS Earl Thomas triggered an escalator in his contract, raising his 2013 salary from $1.575 million to $2.05 million.

Paul McQuistan - G - Seahawks Seahawks OG Paul McQuistan triggered an escalator in his contract, upping his 2013 salary from $2 million to $3 million.

Breno Giacomini - T - Seahawks Seahawks RT Breno Giacomini triggered an escalator in his contract, raising his 2013 salary from $3 million to $3.5 million.

Kam Chancellor - DB - Seahawks Seahawks SS Kam Chancellor's 2013 base salary increased from $575,000 to $1.323 million after he hit escalators in his rookie deal.

These changes reduce the available to 2013 cap to about $14.5M (from $18.3).

These are the types of contracts I really love to see. Thanks for the info

Um, Zach Miller is scheduled to get a $3 million roster bonus in March, bringing his base salary in 2013 to $9.8. Million.

That's a lot of cash!

McGruff wrote:Um, Zach Miller is scheduled to get a $3 million roster bonus in March, bringing his base salary in 2013 to $9.8. Million.

That's a lot of cash!

Yes, he's got a cap hit of about $11 million this upcoming season, but the following two seasons, it drops dramatically, down to $7 million in 2014 and $6 million in 2015.

We may just have to put up with the big Zach Miller contract. His remaining 3 years he's due $21M. At $7M/Yr he's expensive but also probably worth it.

I got home and re-worked my spreadsheet -- I'm showing about $14.6M in cap available, that will probably go down a little with other adjustments that pop up. Losing Obomanu will help.

Hawkstorian wrote:We may just have to put up with the big Zach Miller contract. His remaining 3 years he's due $21M. At $7M/Yr he's expensive but also probably worth it.

I got home and re-worked my spreadsheet -- I'm showing about $14.6M in cap available, that will probably go down a little with other adjustments that pop up. Losing Obomanu will help.

Was hoping you'd jump in with your info here

Obomanu made $2 million last year and is due a bump to $2.3 million this year. His dead money is only 166,667 since it's only 1/3 of a $500,000 signing bonus.

Who the heck is Ron Parker and why did we pay him $666?

CaptainSkybeard wrote:Who the heck is Ron Parker and why did we pay him $666?

http://www.seahawks.com/team/transactions.html

12/05/2012 Signed CB Ron Parker from the Carolina Panthers practice squad to active roster.

12/28/2012 Released CB Ron Parker

Dead money is money that was paid to a player in some form of a bonus and wasn't counted on this years cap. Perhaps he got a "signing bonus" when he came from Carolina. Can't really be too sure what that is exactly, but he was basically just here to be depth while Browner was suspended

Parker was paid a $1,000 signing bonus in 2011, then cut so that's the dead money from then.

Hawkstorian wrote:Parker was paid a $1,000 signing bonus in 2011, then cut so that's the dead money from then.

Old dead money, that explains it. Wasn't making sense to give a signing bonus off of a practice squad signing.

So ..... the $666K dead money write off satisfies the original contract for Parker.

However, Ron Parker was resigned to a new 2 year $1.2 million futures contract on January 15, 2013. There was no signing bonus for his latest contract with scheduled base salaries of $555K in 2013 and $645K in 2014. They like Parker's size ..... 6' & 206# and his speed ..... 4.35 in his pro day forty yard dash.

Zowert wrote:Can someone please explain how the RFA (Restricted Free-Agent) and UFA (Unrestricted Free-Agent) rules work in the NFL's CBA? Is it similar to the NHL's or is it completely different?

In the NHL, a restricted free agent [RFA] is a player who's rookie contract expired and his current team has a chance to extend a qualifying offer. This keeps the player from becoming an unrestricted free agent and available for any team to negotiate with. Then the only way another team can acquire that RFA player is to draft an offer sheet (at least that's what I think its called, an "offer sheet"). Now the current team is notified of the offer that another team made to their restricted free agent, and they either have to match the amount of $$$ on the offer sheet or let the player join the other team. The player has no say in the entire process, unless he files for salary arbitration, which I am pretty sure an RFA can do in the NHL.

An unrestricted free agent in the NHL is free to go anywhere he chooses for whatever a team is willing to pay him, which I know is the same in the NFL. It's only the Restricted Free Agent rule that i'm not sure about.

So... Is that how the RFA works in the NFL or is it somewhat similar? Completely different?

Thanks

One thing the CBA changed is you now need 4 years of service time to be an UFA, and guys with 3 or less are RFA. The cool thin for the Hawks is that means Browner will be a RFA after this season.

What's cool is let's say the Hawks give Browner a 1st round tender (last year it was 2.7 million) it would cool other teams on signing him. That was the case with Mike Wallace in Pittsburgh.

Spotrac has Russell Okung's salary escalating to over $7M (up from around $4M IIRC).

The Seahawk's perceived $18M cap space is whittling down to about $11M depending on what they do with their RFAs. That may seem like enough to do some deals but remember their carryover is over $13M so if it weren't for that carryover they'd be over the 2013 cap.

Hawkstorian wrote:Spotrac has Russell Okung's salary escalating to over $7M (up from around $4M IIRC).

The Seahawk's perceived $18M cap space is whittling down to about $11M depending on what they do with their RFAs. That may seem like enough to do some deals but remember their carryover is over $13M so if it weren't for that carryover they'd be over the 2013 cap.

I know you are for better versed in the cap than I am, but I would have thought that the 2013 contract numbers would have already been figured into the projected cap space we have, so that should already cover Okung's escalators. Is this not so?

It is most likely that early cap projections don't includes contracts that escalate. I've always said over the years don't believe cap numbers until after free agency starts.

The other things we don't know is RFA tenders. Will we tender a guy like Clint Gresham? I assume we won't tender Deon Butler but what about Chris Maragos? These things have can swing cap space by a million bucks either way. Also, if we cut a guy like Obomanu, our cap will creep back up again.

I'm guessing we tender all the RFAs except Butler, but I'm not certain about that. With these assumptions I have our available cap at about $11M, and that could change.

There is a clear and well done salary cap 101 presentation,
including the June 1st rule and dead cap money, over at
blogging the boys >>>> http://www.bloggingtheboys.com/2013/2/23/4017138/salary-cap-101-proration-amortization-cap-hits-dead-money-and-more

One omission from their presentation is how scheduled guaranteedroster
bonuses are handled. They are in fact treated similar to how the
restructured contract is handled and presented, in yellow, below -if they are quanteed.



Incorrect assertion .... see edit belowThe Zack Miller $3m roster bonus due in 2013 will be
distributed exactly as shown in yellow above.

Note: Hawkstorian, in the previous post, points out other
additional factors, such as performance bonuses, that are
not mentioned by the linked presentation.

EDIT: The assertion that Miller's $3m roster bonus will be prorated over three years is incorrect because it is a unguanteed roster bonus. Unguanteed bonuses are charged off in whole in the year they are paid.

I don't know if Miller's roster bonus will be pro rated into the future or not. If it truly is a roster bonus, it counts 100% in 2013. It could easily be converted to a signing bonus but that just shifts cap dollars into future years.

Hawkstorian wrote:I don't know if Miller's roster bonus will be pro rated into the future or not. If it truly is a roster bonus, it counts 100% in 2013. It could easily be converted to a signing bonus but that just shifts cap dollars into future years.

After looking around there seems to be a difference in opinion out there. I see the formula I have used out there at various sites >>>

» Annual Cap Number = year’s base salary + pro-rated signing bonus + pro-rated roster bonus

http://www.draftbrowns.com/2013/01/salary-cap-planning-101-part-1-rookie-contracts/
And ..... I also see what your saying out there >>>>

The non-guaranteed amount of any salary advance, off-season workout bonus, off-season roster bonus, or off-season reporting bonus is included in the team’s salary in the year it was earned. These bonuses cannot be prorated. “Guaranteed” refers to those bonuses that are fully guaranteed–regardless of skill, injury or termination of the contract.

http://www.askthecommish.com/salarycap/FAQ.aspx

So ..... the difference in treatment comes down to the distinction between guanteed verses non-guanteed.

Assuming that Miller's roster bonus are likely not quaranteed, you are correct in the view that those bonuses will be charged in total against the year they are paid.

Thanks for the correction Hawkstorian.
My appologies to .net for the confussion.

Hah --- I e-mailed spotrac because they didn't have Kris Durham's dead money on their list (they had 2 other guys) and LOW AND BEHOLD

http://www.spotrac.com/nfl/seattle-seahawks/cap-hit/

He's there.

NFL Network is reporting the 2013 cap will be $123M, a few weeks ago the reports were $121M. With that extra $2M and depending on RFA tenders my best guess is the Seahawks have somewhere in the $13M range of available cap space. There are also a few contracts that could be re-worked to create more room if they needed it, so I see enough $$ to re-sign the important players, maybe extend 1 or 2 guys and add some pieces. I really don't see room to add a flashy new toy unless they start hacking some other contracts.

Not sure if anyone has posted a link to it already, but http://www.overthecap.com is a good resource for cap stuff. They've got us listed at roughly $17M in cap space, which I believe is updated to the $123M cap.

Pretty interesting site in general, and seems to be pretty accurate.

Thanks KentuckyHawk -- that's another pretty good salary cap site. It's amazing how since the new CBA contract information has become much more available on the web.

What is NOT Included in most estimates you're seeing out there, is dollars for tendres to RFAs. That's probably the reason a guy like Brian McIntyre has us at $16M available and I'm projecting more like $13M.

Here's another good site for cap information in general.

http://overthecap.com/

Bumping this since there seems to be lots of cap questions now.

With Hawkstorian's estimated $13 million in cap room before yesterdays two major moves (signing Harvin and cutting Washington), we add $4.9 million for Harvey, and Subtract $1.75 ($2.5 million salary/bonus - $750,000 dead money left from his original signing bonus) and we have a total change of $3.15 million. So if the estimate was correct at approximately $13 million, then we should be around $10 million at the moment.

It's nice to see some people that know quite a bit on this. Some people like to take the "who cares, it's not my money" and "let the team handle the cap" approach but for some of us this is fun to look at because knowing the cap well can help you see the road the team is trying to follow and gives you an idea of what they may do going forward.

We're not in as good of shape as most casual fans believe. As others have said, if not for the rolled over money we'd actually be over the cap this year. To add to that, The rolled over money is different than actual "cap space". The rolled over money is gone once it is spent this year, unlike cap money that is there every year (reoccurring money)

According to the spotrac website, our cap is at $109,135,140

According to the overthecap website our cap is at $123,607,144

Over the cap doesn't factor in the $13,200,000 in rolled over cap money, so if we factor that in, that would put us at $110,407,144

So that puts us at a range of $12,500,000 - $13,800,000 in cap room. Not sure how much Hawkstorian has figured in for restricted free agents, but hopefully he can add that back in. Best I can guess on that is between $3 million and $4 milllion. If we take the higher of that amount for RFA and the lowest amount of cap room between the two sites, we should have at least $8,500,000 left in cap space, and we still have Obamanu's $2 million+ expected to be cut or restructured eventually.

Over the cap doesn't factor in the $13,200,000 in rolled over cap money, so if we factor that in, that would put us at $110,407,144

As far as my understanding goes the rolled over money is not subtracted to the current cap number but just added on top.

So the cap is 123M + 13,200,000 that was rolled over giving us a cap number of 136.2M this year.

It probably doesn't make a difference as they both accomplish the same thing in the end but adding at the end and showing in dwindling down as it gets spent might be a little easier to comprehend? I'm thinking that is the way Overthecap.com has it configured which is why they show the full 123M spent...

DJrmb wrote:

Over the cap doesn't factor in the $13,200,000 in rolled over cap money, so if we factor that in, that would put us at $110,407,144

As far as my understanding goes the rolled over money is not subtracted to the current cap number but just added on top.

So the cap is 123M + 13,200,000 that was rolled over giving us a cap number of 136.2M this year.

It probably doesn't make a difference as they both accomplish the same thing in the end but adding at the end and showing in dwindling down as it gets spent might be a little easier to comprehend? I'm thinking that is the way Overthecap.com has it configured which is why they show the full 123M spent...

Doesn't make a difference you are correct there. It's just how you do the math, it comes in the same total both ways. You can add the rollover to the cap and subtract cap values or you can subtract it from the cap values, either way you get the difference which is what we have left on the cap and that number should be a minimum of $8.5 million right now, and could be closer to $10 million depending on what numbers you read, but somewhere in that range is reasonable to figure.

I think we're at $10-$11M after moves so far but I need to dive back into the weeds to sort it out.

Hawkstorian wrote:I think we're at $10-$11M after moves so far but I need to dive back into the weeds to sort it out.

That number makes sense. My $8.5 was figuring worst case scenarios. My best case scenario was at $11 million. I think anything in there would be reasonable, but look forward to find out what you come up with as that is generally more reliable than my guesstimating.

I actually show a little above $11M at the moment, factoring in RFA tenders. That will go down dramatically with Avril probably at $5-$6M in cap.

Cutting Obomanu is the only obvious move to add space back -- but I just have a feeling something will happen with Clemons. Restructure or cut.

Hawkstorian wrote:I actually show a little above $11M at the moment, factoring in RFA tenders. That will go down dramatically with Avril probably at $5-$6M in cap.

Cutting Obomanu is the only obvious move to add space back -- but I just have a feeling something will happen with Clemons. Restructure or cut.

I think with Clemons it will come down to where he was at with his injury. I don't think they'd restructure, because doesn't that put the original signing bonus into instant dead money? To do that and re-sign him wouldn't save us much. It might save some cash, but not much on the cap.

In theory they could restructure and just reduce his 2013 salary. Let's say he goes from $6M to $2M. That doesn't change the bonus at all and adds $4M to cap.

Hawkstorian wrote:In theory they could restructure and just reduce his 2013 salary. Let's say he goes from $6M to $2M. That doesn't change the bonus at all and adds $4M to cap.

True, I'd not thought of it from that angle.

Either case, I still think we have the money to get the players we need, and Clemons' fate is likely tied to their faith in his return from a torn ACL