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2024 Free agency and draft thread

DonMan

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That's a little bit misleading.

Based on what I've read, the Bills will save roughly $22M by restructuring Allen's contract. They'll push another $10M into next season by designating Tre White a post June 1 cut.

If I added right, that will give them what they need for draft picks (about $10M) with about $5M to spare.

 

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A lot of the cap situations are misleading at this time of year. A team that seems to be in the red but has 5 or 6 players on $10M+ salaries that haven't been converted is probably in a decent cap situation. A team that appears to have cap space but where everything has already been maxed out might be in a worse cap situation. Some of the big extensions for current roster players won't happen until July/August. It won't become clear until Week 1.
 

PDay8810

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A lot of the cap situations are misleading at this time of year. A team that seems to be in the red but has 5 or 6 players on $10M+ salaries that haven't been converted is probably in a decent cap situation. A team that appears to have cap space but where everything has already been maxed out might be in a worse cap situation. Some of the big extensions for current roster players won't happen until July/August. It won't become clear until Week 1.
is there a certain percentage of cap that must be spent?

I think yes but I know you know
 

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is there a certain percentage of cap that must be spent?

I think yes but I know you know
There's a cap floor but it's based on a 4 year cycle. The last time I checked it was about 92% of the total period cap. It's probably subject to similar shenanigans as the single year cap where teams that are low in spending can pay their star a signing bonus now in lieu or next year's salary. I've no clue where any team is in relation to their 4 year spend floor.
 

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is there a certain percentage of cap that must be spent?

I think yes but I know you know
A quick quote from PFN:

"While the NFL has a salary cap, it also has a salary floor, so teams cannot hold onto money perpetually. Teams must spend at least 89% of the cap over a four-year period, while the NFL as a whole must spend at least 95% of the cap."

https://www.profootballnetwork.com/how-does-nfl-salary-cap-work/

I wouldn't trust that 100%, but it sounds about right.
 

Lake Shore Drive

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These appear to be the teams with some work still to do to get under cap for new league year next week.


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Saints have been pushing out $ longer than Packers... Packers finally starting to turn corner with more flexibility... Saints still have a couple of years. For 2025 already $58M over and 2026 only $60M above... they have combined $110M dead money already in those 2 years alone.
 

DJ Fieri

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The Commanders have a golden opportunity to finally reset their franchise. They have the #2 pick in the draft and 5 picks in the first three rounds. Now throw in the most cap space and by a large margin at that. Plus they're no longer burdened by Dan Snyder as an owner.
They really do.
 
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