Cap Update 3/12/03

[Guest]

Top 51/bonuses:$54,442,053
NLTBE:$1,750,000
Dead Cap:$9,470,853
Total:$65,662,906
Salary Cap:$73,923,414

Over/Under:-$8,260,508


Notice that the salary cap for us is now $73,923,414. Bills' have a $1,083,586 debit on the 2003 cap, thus the lower cap.

This includes a $3 million cap hit for Spikes in 2003

Bills can still release LB Eddie Robinson and CB Chris Watson and save $1.4 million (top 51 rule).

[Ebenezer]

That tells me we can add Adams and a WR, our draft choices and still one more.

[clumping platelets]

I love having cap space

[Shiny Chicken]

What's the deal with this debit thing... why do we have an approx. 1 Mill debit on this year's cap?

[clumping platelets]

Go here for explantion

http://www.billsfanzone.com/showthread.php?s=&threadid=12277

[Shiny Chicken]

thanks CP :)

[SoCalBillsFan]

CP, do you know what Spikes cap hit will be in the next couple years?

[Shiny Chicken]

So what you're saying is that we have NLTBE money tied up in contracts this year so we'll have more money next year?

[clumping platelets]

It all depends on how those players, who have incentives, perform.

[clumping platelets]

Originally posted by SoCalBillsFan
CP, do you know what Spikes cap hit will be in the next couple years?

Not sure. Nothing definitive has been released.......yet. but I suspect more will come out very soon.

[WG]

Originally posted by clumping platelets
I love having cap space

You're not kidding, eh!!

If feels GREAT! Especially since we have a great roster right now.

Sign some OL depth, a DT, WR, and a S if we can find one. This is nice b/c we're already good which allows us to be able to wait for the June 1st cuts w/o thinking we may suck if exactly the right things don't happen at the 6/1 cuts.

WOOHOO!!!

[clumping platelets]

Changes made

[Ebenezer]

Re: Cap Update 3/10/03

Originally posted by clumping platelets
Top 51/bonuses:$54,442,053
NLTBE:$1,750,000
Dead Cap:$9,470,853
Total:$65,662,906
Salary Cap:$73,923,414

Over/Under:-$8,260,508


Notice that the salary cap for us is now $73,923,414. Bills' have a $1,083,586 debit on the 2003 cap, thus the lower cap.

This includes a $3 million cap hit for Spikes in 2003

Bills can still release LB Eddie Robinson and CB Chris Watson and save $1.4 million (top 51 rule).

CP, can you break down the Mike Williams contract for me??

Also cutting Robinson and Watson only saves $950,000.

[clumping platelets]

According to YOUR numbers......

See salary cap forum for Big Mike's deal

[Ebenezer]

Originally posted by clumping platelets
According to YOUR numbers......

See salary cap forum for Big Mike's deal

I tried! They are not there!!