http://www.nydailynews.com/blogs/jets/ The contracts are frontloaded, Pace's deal is obscene for the first 3 seasons, and he estimates betwen $6 and $8 million in cap room right now.
Thats enough room to sign the Draft picks and any remaining re-signs the Jets need to do... Its only going to go up next year- so spend now, and the return will be greater.
thats not bad at all...It looks like we have between 15-18 million left. That will be enough to extend Rhodes. My guess is that Coles will not get his wish, seeing how they handled Kendall last year. Being shipped out to the Skins again with Kendall would be pretty funny.
I can totally live with those numbers, and it doesn't look to me like we've created any coming cap hell either. I dig it.
Once again Cimini is overestimating the pace deal. Assume that pace has a last year salary of 10-11 mil.(Like DSlob's contract). that makes it a 5 year 31 mil deal. 6 mil per....Hardly obscene. and in two years, it will be average at best. Last year 20 LBs were in the 4.5 mil + cap charge category.
This is why Cimini is the best beat writer. Nobody else has this. He can be a douche, but his Jet stream has been kicking ass
Nice. I like how everything is frontloaded. Pay for it now when we can afford it, instead of having some huge hits later on in the contracts. Like the weight clauses for Woody as well.
Once D-rob is cut we should have plenty of room to sign Rhodes and our picks and possibly Coles and Eugene Wilson
does this take into account drob? like if he's cut would'nt we have even more cap room in 08? u gotta give tanny credit he know's the cap inside and out.
heh... and people are worried about our cap space? We started with 27.5 under the cap... our FA signings bring it to 9 mil under. Can't forget the space Vilma, Clement, JMac and possibly Drob will save us. Our cap is fine. I see us going into the Draft with close to 20 under the cap. And WOW... from 22mil in guarantees to 12.5? I think in the Pace signing we came out on top.
Cimini's estimate is 6 to 8 million in cap space at the moment, with another 8 mill if/when D-Rob is shifted. Front-loading is good. The bulk of the money is in the first three seasons for these deals, according to Cimini (I'd really like to see the total breakdown). I wouldn't expect the Jets to have a lot of spare cap money next season (Pace alone is getting another $9 mill roster bonus for 2009), but then I think this splurge was a one-off - an attempt to plug the worst gaps on the team quickly. I wouldn't expect another bonanza next year, but hopefully the Jets won't need one! I would expect some of the remaining cap to go on an extension for Rhodes, but I get the feeling the Jets will make Coles play at least this season before renegotiating.
Just need to find some clueless team to trade DRob to, What a fast disgrace he is, The Jets version of Eddie Curry
Why do people think these deals being front loaded is a good thing? Large signing bonuses usually means these are back loaded when it comes to the cap. I'm also pretty sure that all these deals have some sort of balloon payment in the final year that most of these guys will never see. I suspect the FO thinks we'll keep Pace long term (it's the only way to justify the upfront money he got) and the Jenkins deal seem like a pretty good one for us, especially considering what Shaun Rogers just got. Faneca and Woody are likely gone after 3 years, maybe 4. Neither will ever see year 5. So without seeing all the actual numbers and specifics, I suspect we will get a decent sized cap hit in 3 or 4 years. Of course the cap might be MUCH higher by then....
Because if you have the space now, you pay the player more of the guaranteed money and then in 3 years if he shits the bed you don't owe much at all to just let him go....
I wonder what the Bengals and DRob are cooking up -- anybody think Marvin Lewis was trying to be clever at his last press conference...? Me, hell, I thought he resembled nothing more than an unhappy dog just biting and biting this bone, over and over. I think he's got something going about DRob. Why isn't it about money? What the hell is he talking about? Curious...
One of us does not understand how 'bonuses' count toward the salary cap. I'm hoping it's you. The 'bonus' money is paid up front, but when it comes to the cap, the amount is spread evenly over the life of the contract. If we cut someone later, the remaining $ amount of that bonus, which we spread over the life of the contract, gets accelerated into that year's cap. Big bonuses in fact DELAY the cap hit, which we have to deal with in future years.
That is the normal signing bonus dispersion, yes. But one way to front-load guaranteed money is in the form of roster bonuses... which count in full that year's cap, whenever they are scheduled to.
Bonus money is spread over the life of the contract -- or until the guy is released. That's the way it works.
