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I know this is a new thread about the cap stuff.....but I will find it easier to explain and make sure most of y'all actually see it
1) Cap Adjustment: If you read my cap analysis article, you will see I predicted a cap debit of $1.5 million. If you also notice, my recent numbers were how much under an "unadjusted" salary cap cap of $85.5 million. I had not included this in my recent numbers. Therefore, my last update of about $5.28 million would read $3.78 million with my cap debit estimate. Clayton's numbers obviously include this cap debit. This is info that I usually have by now, but don't. It's very possible that the cap debit is greater than $1.5 million
2) How many salary escalators have been revealed in the past couple of weeks? Mike Williams, Nate Clements, and Coy Wire. These 3 have eaten up $6,208,125 from the cap space.
3) Buffalo News highlighted the largest cap numbers last week and I believe their interpretation of Mike Williams' is incorrect. His bonus is listed as a roster bonus NOT option, thus it should count $3 million not be amortized. That's why his number should continue to be at least $9.17 million, not $7.46 million. However, he also has had a number of NLTBE incentives in his deal (cap adjustment), but once a NLTBE is earned and if the player has the same NLTBE for the following year, it then becomes LTBE and counts on cap. MW has a NLTBE of $1.5 million in 2005 but a portion of that likely counts as LTBE. Buffalo News also stated that Sam Adams cap number is slightly more than $4 million while my number is less than $3 million. I have yet to determine where this discrepancy lies. It's likely that Adams had a bonus tied to making the Pro Bowl and/or playing time (Ruben Brown had a roster bonus tied to PB and playing time)
4) McGahee's NLTBE's from 2004 most likely are now considered as LTBE in 2005. Eric Moulds may still have his $175,000 Pro Bowl bonus and it would be LTBE. Both are not in my numbers
5) Supposedly, the Bills created $1.6 million of cap space Friday morning in order to make the deal with OL Mike Gandy and QB Kelly Holcomb. Most likely, as outlined in my analysis article, they guaranteed Schobel's $2 million roster bonus (i.e. converted it to signing bonus and spread it out over 5 yrs, 2005-2009 at $400,000/yr....cap savings of $1.6 million)
6) I will repeat YET AGAIN....I do not pretend that my numbers are 100% accurate. I can only go by mostly public information reported by the various media outlets. I do have access to some other info thru a group of "cyberspace capologists" but again, i'm at the mercy of what info is available thru that resource. The cap adjustment is one such piece of info.
NOTE: This is separate because it MUST BE EMPHASIZED.......Bills have many ways of creating cap space. Obviously, the Bills did not have the cap space available to re-sign either JJ or PW, but they may have decided weeks ago to move in another direction. PW was from the previous regime and most of them are gone. The OT market was the reason JJ is not back. Average OT's should not be given $10+ signing bonuses. I do not begrudge TD for not bringing JJ back, but I do question not bringing PW back.
The number took me by surprise and the discrepancies are directly linked to the cap adjustment AND bonuses now considered LTBE. It appears my numbers for my Miami cap page are much closer. However, it's a matter of information availability. Miami has 3-4 newspapers covering the Fins and contract details are much more attainable, while the Bills basically have 2 (Buffalo Snooze and D&C).
But that being said, look how far off the estimates of the media outlets were and mine. My numbers still were/are more accurate
1) Cap Adjustment: If you read my cap analysis article, you will see I predicted a cap debit of $1.5 million. If you also notice, my recent numbers were how much under an "unadjusted" salary cap cap of $85.5 million. I had not included this in my recent numbers. Therefore, my last update of about $5.28 million would read $3.78 million with my cap debit estimate. Clayton's numbers obviously include this cap debit. This is info that I usually have by now, but don't. It's very possible that the cap debit is greater than $1.5 million
2) How many salary escalators have been revealed in the past couple of weeks? Mike Williams, Nate Clements, and Coy Wire. These 3 have eaten up $6,208,125 from the cap space.
3) Buffalo News highlighted the largest cap numbers last week and I believe their interpretation of Mike Williams' is incorrect. His bonus is listed as a roster bonus NOT option, thus it should count $3 million not be amortized. That's why his number should continue to be at least $9.17 million, not $7.46 million. However, he also has had a number of NLTBE incentives in his deal (cap adjustment), but once a NLTBE is earned and if the player has the same NLTBE for the following year, it then becomes LTBE and counts on cap. MW has a NLTBE of $1.5 million in 2005 but a portion of that likely counts as LTBE. Buffalo News also stated that Sam Adams cap number is slightly more than $4 million while my number is less than $3 million. I have yet to determine where this discrepancy lies. It's likely that Adams had a bonus tied to making the Pro Bowl and/or playing time (Ruben Brown had a roster bonus tied to PB and playing time)
4) McGahee's NLTBE's from 2004 most likely are now considered as LTBE in 2005. Eric Moulds may still have his $175,000 Pro Bowl bonus and it would be LTBE. Both are not in my numbers
5) Supposedly, the Bills created $1.6 million of cap space Friday morning in order to make the deal with OL Mike Gandy and QB Kelly Holcomb. Most likely, as outlined in my analysis article, they guaranteed Schobel's $2 million roster bonus (i.e. converted it to signing bonus and spread it out over 5 yrs, 2005-2009 at $400,000/yr....cap savings of $1.6 million)
6) I will repeat YET AGAIN....I do not pretend that my numbers are 100% accurate. I can only go by mostly public information reported by the various media outlets. I do have access to some other info thru a group of "cyberspace capologists" but again, i'm at the mercy of what info is available thru that resource. The cap adjustment is one such piece of info.
NOTE: This is separate because it MUST BE EMPHASIZED.......Bills have many ways of creating cap space. Obviously, the Bills did not have the cap space available to re-sign either JJ or PW, but they may have decided weeks ago to move in another direction. PW was from the previous regime and most of them are gone. The OT market was the reason JJ is not back. Average OT's should not be given $10+ signing bonuses. I do not begrudge TD for not bringing JJ back, but I do question not bringing PW back.
The number took me by surprise and the discrepancies are directly linked to the cap adjustment AND bonuses now considered LTBE. It appears my numbers for my Miami cap page are much closer. However, it's a matter of information availability. Miami has 3-4 newspapers covering the Fins and contract details are much more attainable, while the Bills basically have 2 (Buffalo Snooze and D&C).
But that being said, look how far off the estimates of the media outlets were and mine. My numbers still were/are more accurate
ACK!!!!
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