Cap Update 3/12/03

[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).

[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 :D

[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 :D

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 :D

[Ebenezer]

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......:shakeno:

See salary cap forum for Big Mike's deal

[Ebenezer]

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

See salary cap forum for Big Mike's deal


I tried! They are not there!!

[clumping platelets]

Did ya look at the bottom threads? :shakeno:


Details of Big Mike's contract:

- $7.275M SB on signing spread over 6 years length (4 years, plus options for 2006 & 2007) at $1,212,500 per season.

- Base: $962,500 in 2002; $558,125 in 2003; $486,250 in 2004; $726,875 in 2005; $967,500 in 2006; $1,208,125 in 2007.

- $3.225M 2006 Option/Buyout due in 2003, spread at $645,000 per season from 2003-2007.

- $1.25M 2007 Option/Buyout due in 2004, spread at $312,500 per season from 2004-2007.

- Cap Numbers are currently figured using base plus bonuses (including options). 2002 - $2,175,000; 2003 - $2,415,625; 2004 - $2,656,250; 2005 - $2,896,875; 2006 - $3,317,500; 2007 - $3,378,125.

- Escalators and incentives could increase the deal to a total of $44M for the 6 year length.

- One time $1.25M NLTBE for minimum p/t & team NLTBE any season.

- up to $1M Pro Bowl honors.

- One-time $550K NLTBE in 2003.

- 2005 Escalates to $4M base + $3M roster bonus. $1.5M other NLTBE in 2005.

- 2006 Escalates to $4M base + $3M roster bonus (option year). $1.5M other NLTBE in 2006.

- 2007 Escalates to $5M base (option year). $3.5M other NLTBE in 2007.


*** The deal is structured in a manner that Williams' will have palatable cap hits if he is a decent player, but if he is a very good player the Escalators that kick in after 3 seasons will force the Bills into signing him to a long-term extension at top money.

[Ebenezer]

Post a link...I looked where you told me to look.

[Ebenezer]

OK Sue me...I forgot about Williams playing time bonus...

$8.565 under...give or take

[Earthquake Enyart]

Nerds. Gotta love em.

:nerd2:

[Voltron]

EB :punch: Clump


I never knew the salary cap could be so competitive ;)

[clumping platelets]

Notice who's rackin' up the points :snicker:

clump:spanku:Ebby

[Ebenezer]

What...you got one right, I got one right...:rolleyes:

[clumping platelets]

Originally posted by Voltron
EB :punch: Clump


I never knew the salary cap could be so competitive ;)


Look who's doing the punchin'!! :snicker:

[Ebenezer]

I could knock your sorry ass out with 2 punches.

[clumping platelets]

Who wanna punch my ass?? :scared:

[Earthquake Enyart]

Originally posted by Ebenezer
I could knock your sorry ass out with 2 punches.

I nominate this for post of the year. :rofl:

[BillC]

It's like watching Laverne and Shirley in a slap fight

http://www.geocities.com/squeaky8228/ls0313.jpg



Come on clump and Eb, show us who rerally wears the poodle skirt in this relationship!:D

[Bruce is Loose]

How are incentive contracts made for OLMen?? Other than GP and probowls, what stats are there?