Forked Thread: Miami Cap Adjustment

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  • Ebenezer
    Give me a minute...
    • Jul 2002
    • 73867

    Forked Thread: Miami Cap Adjustment

    Forked from: Cap Update 3/5/06

    Originally posted by clumping platelets
    I now have the cap adjustment.....Bills have a cap debit of $223,089.
    I heard on ESPN radio tongith that the Dolphins got dinged on the cap...anything truth? Who might the 'Fins possibly cut if true?




    For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.
  • clumping platelets

    #2
    Re: Forked Thread: Miami Cap Adjustment

    Miami's cap adjustment....er.....debit was slightly more than $9.5 million

    Comment

    • !Papacrunk!
      Registered User
      • Mar 2004
      • 2786

      #3
      Re: Forked Thread: Miami Cap Adjustment

      At this point w/ no CBA I see Gus and Seau would be goners. Kevin Carter has stated he's had no problem in restructuring his contract, since it got to be a regular thing when he was with the Titans. There hasn't been any recent word of Thomas and Taylor restructuring (even though they obviously aren't in any position to be cut, just to help out the team,) but I've read that Thomas would probably restructure. This is why, even though some fans can be impatient, it will take Saban and company time to be successful, since they've got their sleeves rolled up thanks to the old regimes. I hope that we'll be successful next coming season and beyond obviously, but I've gotten a bit more patient in my old age of 29, maybe not mature, but patient.

      Comment

      • Ebenezer
        Give me a minute...
        • Jul 2002
        • 73867

        #4
        Re: Forked Thread: Miami Cap Adjustment

        Originally posted by clumping platelets
        Miami's cap adjustment....er.....debit was slightly more than $9.5 million
        i wonder what the reaction is at finheaven!




        For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

        Comment

        • !Papacrunk!
          Registered User
          • Mar 2004
          • 2786

          #5
          Re: Forked Thread: Miami Cap Adjustment

          Originally posted by Ebenezer
          i wonder what the reaction is at finheaven!
          eff FH :)

          Comment

          • LtFinFan66
            Registered User
            • Mar 2005
            • 47199

            #6
            Re: Forked Thread: Miami Cap Adjustment

            it has not been mentioned at FH. First I have heard of this. Not on NFL.com or ESPN.com. What the hell is a cap debit anyway? never heard that term before??

            Comment

            • Ebenezer
              Give me a minute...
              • Jul 2002
              • 73867

              #7
              Re: Forked Thread: Miami Cap Adjustment

              Originally posted by LtFinFan66
              it has not been mentioned at FH. First I have heard of this. Not on NFL.com or ESPN.com. What the hell is a cap debit anyway? never heard that term before??
              The cap adjustment is a formula:

              cap adjustment = likely to be earned bonuses in 2005 that were not hit but already charged to the cap in 2005 - likely to be earned bonuses in 2006 - not likely to be earned bonuses in 2005 that were hit

              for example...lets say that Miami was overcharged $2mil in LTBE for 2005 but they incurred $7 mil in NLTBE in 2005 and were expected to hit $4mil in LTBE for 2006.

              Cap adjustment = $2 mil - $4 mil - $7 mil

              -$9 mil from the NFL salary cap limit...

              so the sal cap is $94.513 mil - $9.5 mil = $85 mil that the 'Fins have to spend on salary and bonuses this year...to put that in perspective...the Vikes have about $115 - $120 mil




              For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

              Comment

              • LtFinFan66
                Registered User
                • Mar 2005
                • 47199

                #8
                Re: Forked Thread: Miami Cap Adjustment

                wow! cap speak is hard to understand

                Comment

                • Ebenezer
                  Give me a minute...
                  • Jul 2002
                  • 73867

                  #9
                  Re: Forked Thread: Miami Cap Adjustment

                  Originally posted by LtFinFan66
                  wow! cap speak is hard to understand
                  sorry...I just woke up and am not exactly clear right now.




                  For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

                  Comment

                  • SquishDaFish
                    Lets GO BUFFALO!!
                    • Jun 2005
                    • 17034

                    #10
                    Re: Forked Thread: Miami Cap Adjustment

                    Learn something new everyday LMAO

                    Comment

                    • clumping platelets

                      #11
                      Re: Forked Thread: Miami Cap Adjustment

                      Originally posted by LtFinFan66
                      it has not been mentioned at FH. First I have heard of this. Not on NFL.com or ESPN.com. What the hell is a cap debit anyway? never heard that term before??

                      I posted a cap update last night with this info

                      Comment

                      • clumping platelets

                        #12
                        Re: Forked Thread: Miami Cap Adjustment

                        Vikes' adjusted cap is only $101 million

                        Comment

                        • LtFinFan66
                          Registered User
                          • Mar 2005
                          • 47199

                          #13
                          Re: Forked Thread: Miami Cap Adjustment

                          I don;t pay attention to your cap updates! WTF!! LOL!!!

                          Comment

                          • clumping platelets

                            #14
                            Re: Forked Thread: Miami Cap Adjustment

                            Comment

                            • BADTHINGSMAN
                              Registered User
                              • Oct 2002
                              • 10504

                              #15
                              Re: Forked Thread: Miami Cap Adjustment

                              I figure If Clump is being thrown all over the internet about his cap knowledge, its a good thing to read and learn..

                              Comment

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