2004
As of 10/9/04, I have the Bills $2,813,154 under an adjusted salary cap of $79,759,085 with $5,777,910 "dead cap". All players have been accounted for in these numbers. It includes the full year cost of the practice squad ($73,950 X 8 players = $591,600) and an approx. amount for Travis Brown's injury settlement (I estimated $450,000), thus the $2,813,154 number is what is available to the Bills. The one exception: It appears that Ron Edwards signed a 1 yr extension. I have not heard anything about it in the various media sources. He was a RFA tendered at the minimum of $628,000 but he is also under contract for $1 million in 2005. Therefore, it's highly probable that some bonus(es) are missing and that would need to be subtracted from the available cap space if he has indeed signed a 1 yr extension.
2005
I presently have the Bills $1,187,052 under an estimated salary cap of $84 million with $670,443 "dead cap" and 42 players under contract. Now, before everyone gets nervous, this number includes option bonuses for both Evans & Losman that when paid will add $6.5075 million to the cap availability. It's also necessary to remind y'all that Schobel and Edwards are already re-signed for 2005 and that cap space is accounted for.
What is missing:
1) Cap adjustment: this will likely decrease available cap space
2) Top 51: Need to add 9 players to comply with top 51 rule (9 X $235,000 = $2.115 million). This amt needs to be subtracted from available cap space
3) Salary escalators: M. Williams, Losman, Moorman, & McGahee all have salary escalators that will decrease available cap space
4) Tenders to RFAs & EFAs: these can be in place of the minimum salaries posted in #2
I'll have my cap outlook coming soon, just need to get some more info first. But rest assured, the Bills will be facing a tighter cap picture in 2005
As of 10/9/04, I have the Bills $2,813,154 under an adjusted salary cap of $79,759,085 with $5,777,910 "dead cap". All players have been accounted for in these numbers. It includes the full year cost of the practice squad ($73,950 X 8 players = $591,600) and an approx. amount for Travis Brown's injury settlement (I estimated $450,000), thus the $2,813,154 number is what is available to the Bills. The one exception: It appears that Ron Edwards signed a 1 yr extension. I have not heard anything about it in the various media sources. He was a RFA tendered at the minimum of $628,000 but he is also under contract for $1 million in 2005. Therefore, it's highly probable that some bonus(es) are missing and that would need to be subtracted from the available cap space if he has indeed signed a 1 yr extension.
2005
I presently have the Bills $1,187,052 under an estimated salary cap of $84 million with $670,443 "dead cap" and 42 players under contract. Now, before everyone gets nervous, this number includes option bonuses for both Evans & Losman that when paid will add $6.5075 million to the cap availability. It's also necessary to remind y'all that Schobel and Edwards are already re-signed for 2005 and that cap space is accounted for.
What is missing:
1) Cap adjustment: this will likely decrease available cap space
2) Top 51: Need to add 9 players to comply with top 51 rule (9 X $235,000 = $2.115 million). This amt needs to be subtracted from available cap space
3) Salary escalators: M. Williams, Losman, Moorman, & McGahee all have salary escalators that will decrease available cap space
4) Tenders to RFAs & EFAs: these can be in place of the minimum salaries posted in #2
I'll have my cap outlook coming soon, just need to get some more info first. But rest assured, the Bills will be facing a tighter cap picture in 2005
Comment