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Rey
Well-Known Member
After further looking into our Cap Situation ... the situation is no where near as dire as it seems on the surface. Yes, right "now" we are over the Cap ... even with the spike in the Cap number we are still 12.6 million over the cap at this moment in time. HOWEVER ... this is just a temporary cloud as by the time Free Agency opens up, we will be just fine and have plenty of available funds to extend our own players and even bring in a few UFA's as well. Below is a summary of how we can work things out:
Currently 12.6 over the cap
Not picking up Foles Option or Tag and Trade
Releasing Peters
Peters retiring
Opt out of Jernigan Contract (could re-sign for 1 year 5 mil prove-health year)
** Jernigan's entire contract is now voidable without any hit to the Cap
Release or trade Nelson Agholor
Extend Agholor (more likely)
Chris Long likely retiring
Restructure Malcolm Jenkins
Total Saved 51.8 by
Losing: Peters, Long and Foles
Rework or extend: Jernigan, Agholor, Jenkins
Around 8 mil needed for draft picks subtracted from the 39 mil under under = 31 mil for free agency.
Yet more options if needed
Cutting Rodney McLeod would save over 5 mil
Cutting Stefen Wisniewski would save 3 mil, but with Brooks injury we may have to keep.
That's and extra 8 we can open up which would put us at 39 mil under for free agents. Obviously though the more players we release, the more players we need to replace.
Currently 12.6 over the cap
- How to open up Space
- Saves 20 Million either way
Releasing Peters
- Saves 8 million
Peters retiring
- Saves around 10.5
Opt out of Jernigan Contract (could re-sign for 1 year 5 mil prove-health year)
** Jernigan's entire contract is now voidable without any hit to the Cap
- Saves 13 million if the Eagles completely opt out
- Saves 8 mil if re-signed to a 1 year prove-health 5 mil contract
Release or trade Nelson Agholor
- Saves around 9.4 mil
Extend Agholor (more likely)
- Can save around 5 mil in 2019 with a low cap hit year 1 of a new deal.
Chris Long likely retiring
- Saves 5.5 million
Restructure Malcolm Jenkins
- Saves 5.3 million
Total Saved 51.8 by
Losing: Peters, Long and Foles
Rework or extend: Jernigan, Agholor, Jenkins
51.8 Saved minus 12.8 that we are over = 39 under the cap
Yet more options if needed
Cutting Rodney McLeod would save over 5 mil
Cutting Stefen Wisniewski would save 3 mil, but with Brooks injury we may have to keep.
That's and extra 8 we can open up which would put us at 39 mil under for free agents. Obviously though the more players we release, the more players we need to replace.