#1
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2022 Salary Cap News
The salary cap might be rebounding a bit faster than originally projected. The numbers are still subject to change based on final revenue totals from TV deals, radio contracts, and gambling partnerships.
https://twitter.com/TomPelissero/sta...17126458855425 Quote:
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#2
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I read projections we will have about 100 million in cap space again next year.
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#4
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Agreed just to be safe cut it in half, it will be less depending on how they structure, but so far they see to avoid backloading contracts.
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#5
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Agreed just to be safe think 40% less, it will be probably be less depending on how they structure, but so far they see to avoid backloading contracts.
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smitty46953 (05-28-2021) |
#6
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I would say each of them is likely to be getting almost $20m as an average, Nelson probably slightly above at $23m, Smith and Leonard in the $17-20m range. Often the first year is a little smaller, but i would be very surprised if they don't count approximately $50m against our cap next year.
That still leaves a fairly healthy chunk of money left. |
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Racehorse (05-28-2021) |
#7
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I am probably the least informed on cap issues on this board (which still probably puts me in the top 5% of Colts fans, judging by comments on other Colts pages), but I know one of you will know this...
Is it likely that they'll front load the contracts with extra large signing bonuses? Since they are projected to have such a huge amount of money next year, wouldn't that lower the cap hit on future years of the contract? For example, if Nelson signed for six years/$50 million, but $20 million was a signing bonus (I am just making up numbers to understand the principle), then wouldn't the remaining $30 million be divided by the six years for a future cap hit of only $5 million a year? I ask because I truly don't know, and trying to look up info on how the cap works just leads me to things that put me to sleep. |
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JAFF (05-28-2021) |
#8
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The yearly salaries can be manipulated as well - so the money isn't always distributed equally over the course of the contract. In fact, lots of times the largest salaries are placed in the last few years of the contract, and then voided when the player gets cut before then. In this way, the media, team and player get to report that the player got the largest dollar figure contract in history, but everyone involved knows as a practical matter that it won't be paid and the player will never see the giant last salaries. Adding inflated, meaningless extra years to the back of the contract also serves the duel purpose of allowing the team to spread the up front bonus money over more years, thereby lowering the cap impact on the earlier years. It's all financial engineering, and is pretty fascinating and can be very creative. Analyzing the structure of a contract can tell you a lot about how the team thinks of the player, and whether the team is going to have any flexibility in future years. All of this manipulation will eventually catch up with the team, leading sometimes to years when a team can be WAY over the cap like the Saints were this year if I recall ($100M plus over). |
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#9
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Based on Fred Warner's deal today, it looks like Leonard will be at the upper end of that range.
Warner signed a 5 year - $95MM extension with the 49'ers with $40.5MM guaranteed. Schefter reports that the Colts and Leonard are currently discussing a 4 year extension that will likely be higher than the $19MM AAV of Warner's deal. https://twitter.com/AdamSchefter/sta...87941234417675 Quote:
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Racehorse (07-21-2021) |
#10
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I would give him more than Warner provided he would get vaccinated. |
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Butter (07-21-2021) |
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