clumping platelets
07-03-2005, 04:33 AM
Just wanted to send out a cap update for those that are interested. A couple of recent burbs, one from the Buffalo News and one from Len P's Tip Sheet apparently confirm that Mike Williams' $3 million roster bonus was "guaranteed" (i.e. converted to signing bonus). It's now spread out over the remaining 3 yrs of his deal at $1 million/yr. On the surface it's a $2 million cap savings in 2005 (add $1 million to each 2006 & 2007), however, the conversion may increase his "Deion charge" which currently stands at $360,431. Thus, the cap savings may be slightly less than $2 million. I still have to do the calculations and get some guidance from one of my sources :ontome:
I presently have the Bills $2,782,291 under an adjusted salary cap of $85,721,000 with $5,382,941 "dead cap". Still missing bonus info for RB Joe Burns and TE Ryan Neufeld.
Bills' rookie pool is $2,109,800. 7th rd pick, RB Lionel Gates, signed a 3 yr deal with minimum salaries and a signing bonus of $34,000. His 2005 rookie cap number is $241,333 (only his signing bonus amortization of $11,333 presently counts on the overall cap).
$2,109,800 - $241,333 = $1,868,467 remaining for the draft choices who have yet to sign
I presently have the Bills $2,782,291 under an adjusted salary cap of $85,721,000 with $5,382,941 "dead cap". Still missing bonus info for RB Joe Burns and TE Ryan Neufeld.
Bills' rookie pool is $2,109,800. 7th rd pick, RB Lionel Gates, signed a 3 yr deal with minimum salaries and a signing bonus of $34,000. His 2005 rookie cap number is $241,333 (only his signing bonus amortization of $11,333 presently counts on the overall cap).
$2,109,800 - $241,333 = $1,868,467 remaining for the draft choices who have yet to sign