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No Cap Crisis for the Rams -- Great article

jacobarch

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This is for some of you (you know who you are) that have been claiming the sky is falling for the rams and they have to make major roster moves to clear up cap space.

No cap crisis for Rams : Sports


After considerable hand-wringing and anxiety among Rams fans and some media observers this offseason, the Rams salary cap situation isn’t nearly as dire as some had feared.
According to figures filed with the NFL Players Association, the Rams are about $6½ million below the salary cap figure based on an offseason roster that includes 57 players either under contract or tendered as exclusive-rights free agents.

But when free agency starts next Tuesday, each team must count only its 51 highest-paid players against the cap. So that raises the Rams’ cap room to about $9½ million — more than enough space to get things started in the offseason.

Before all is said and done additional cap room could be created by releasing veteran players, with cornerback Cortland Finnegan and offensive guard Harvey Dahl the most likely casualties. Both veterans are due signing bonuses by the end of next week, which will force a decision to be made by then. Cutting both players would create at least $8 million in additional cap space.

Even if those cap cuts are made, there will still be plenty of other teams around the NFL with more cap room than the Rams. But the Rams should have enough money to sign their draft picks, re-sign offensive lineman Rodger Saffold, and maybe make one splash in free agency.

The current Rams regime of executive vice president Kevin Demoff, general manager Les Snead, and coach Jeff Fisher anticipated that this would be a relative tight year cap-wise. And at least in part, it’s by design.

“The plan is always to evaluate fits, and how players can help improve your roster, and what makes the most sense,” Demoff said. “I think this time, you’re a year closer to 2015, and all the contract expirations we have coming up after the 2015 season.”

A little-known wrinkle of the collective bargaining agreement in 2011 is that contracts of draft picks can’t be renegotiated until the player has completed three seasons in the NFL. So 2014 is the first year the Rams can renegotiate with their draft class of 2011, which includes defensive end Robert Quinn, tight end Lance Kendricks, and wide receiver Austin Pettis.

(And in the case of Quinn, the Rams have an option for a fifth year, which would keep him off the market until after the 2015 season.)

But the floodgates start to open after the 2015 season in terms of expiring contracts, in part because of the mother lode of extra draft picks from the 2012 “RGIII trade.”

“Most of our current young players are locked into deals that can’t be renegotiated (at this time),” Demoff said “We’re very fortunate that we have very few contracts up after 2014. That gives us really a two-year horizon to start planning in looking at our salary cap situation.

“The focus at some point has to shift to make sure we retain our talent, rather than on adding new talent (through free agency).”

So the goal in the past couple of years was to avoid back-loaded contracts, and in some cases pay more money in the early years of contracts.

Two of the biggest examples of that came in the contract extensions of defensive end Chris Long and linebacker James Laurinaitis prior to the start of the 2012 regular season. In the case of Long, he counts $13.2 million against the cap in 2014, but only $10 million in 2015. Laurinaitis counts $10.4 million against the cap in 2014, but only $4 million in 2015.

So between the two of them, that’s $9.6 million of additional cap room in 2015 (as compared to 2014), to re-sign recent draft picks whose contract are about to expire.

“So there is a design to this,” Demoff said. “And we’ve also shifted philosophies really to a lower signing bonus, a pay-as-you-go mentality, which I think has been effective.”

That approach has helped the Rams avoid getting buried in dead money — money already paid to a player — that still counts against the cap after he’s released or traded. There were times years ago, when the Rams had millions of dead money counting against the cap.

As for this year?

“Right now I think we’re 31st in the league in dead money for 2014,” Demoff said. “I think we have $133,000.”

As recently as 2009, the Rams had the dubious distinction of leading the league in dead money.

“I think where people sometimes look at our salary cap situation — and I don’t want to say get confused,” Demoff said. “But just because we’re tighter against the cap than a team, doesn’t mean we don’t have flexibility. All of our contracts are designed for extreme salary cap flexibility. Sometimes we use it; sometimes we don’t.”


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jacobarch

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so if we cut at least Dahl and Finnegan we'll be sitting pretty with about 17.5mil to spend in FA.

The sky is not falling.

And I'd like to point out that Longs and JL55 cap hit goes down each year. What a nice change of pace this Coaching staff and FO is. :clap:
 

zeke2829

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Right now I think we’re 31st in the league in dead money for 2014,” Demoff said. “I think we have $133,000.”


^^ I find this comical, what will it be after cuts are made? Finnegan, Dahl , Wells... This is just a feel good story for guys like you Jacob. Last year we had $12.5 mill in dead $$ for releasing Quinten Mikel and Jason Smith. This year I believe Finnegan, Dahl and Wells will count $8 mill. If we cut Langford it will be an additional 2 mill in dead $$. So if these cuts are made Jacob don't forget to deduct the dead $$ up front. You always do.

After the rookie pay is figured in, we are only going to be able to sign 1 or 2 decent guys.
 
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ANGELAKERAMS

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And even though C. Long's contract goes down in 2015, he still won't be worth the 10M, especially being on the plus side of 30 yrs old.
 

ANGELAKERAMS

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I like Long. But he's not worth his contract.

He is a solid DE, but he is not a difference maker. The most tackles he's had in a season was 43 ( his 2nd yr- Quinn had 59 this yr ). He's had double digits sacks in a year only twice (Quinn has already done that), and he's had 7 FF his entire career ( Quinn had that just this season ).

Face it- he is going to need to be replaced after this season because he is not going to get better with age and his contract is inflated.
 

Jermaine133

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unless he plans to reduce his salary buy a huge chunk...which i doubt he does but you never know.
 

zeke2829

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I like Long. But he's not worth his contract.

He is a solid DE, but he is not a difference maker. The most tackles he's had in a season was 43 ( his 2nd yr- Quinn had 59 this yr ). He's had double digits sacks in a year only twice (Quinn has already done that), and he's had 7 FF his entire career ( Quinn had that just this season ).

Face it- he is going to need to be replaced after this season because he is not going to get better with age and his contract is inflated.

The same argument can be made with James Laurinaitis, Sam Bradford, Jared Cook, Jake Long. Also Kendal Langford is scheduled to count 6 mill against the CAP. These guys are good at best but not game changers. Thats 1 thing that sucks about this team, we are paying a ton of $$ to just average players and some cant even stay healthy for a full 17 weeks.
 

ksudodger

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The same argument can be made with James Laurinaitis, Sam Bradford, Jared Cook, Jake Long. Also Kendal Langford is scheduled to count 6 mill against the CAP. These guys are good at best but not game changers. Thats 1 thing that sucks about this team, we are paying a ton of $$ to just average players and some cant even stay healthy for a full 17 weeks.

I disagree with your thoughts here. JL55 was #2 in tackles on the team (almost 40 more than #3 and only 1 behind Olgetree). He is the QB on defense. He is the definition of a leader and a game changer. In addition, he restructured his deal so we could bring in Cook AND Long last year.

Jared Cook, when used effectively, can be as big a threat as Jimmy Graham in this offense. I understand he did not put up the numbers we wanted, but the guy is still a game changer.

I am going to bet that NEXT offseason, Jake Long is a guy who restructures.

Also on the point of Chris Long, he will JUST be 30 when the 2015 season starts and will only make 9.5 million, which I am willing to bet get restructured (since he has done it TWICE before). He will be a Ram for life and the price will be right. It has been obvious from the get go, he is not all about getting his money. Now, I agree we need to draft another young DE to put in the rotation. Long has become a pass rushing specialist. If we can find another diamond like Quinn in the 2015 draft, we will be in a great position.
 

jacobarch

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Right now I think we’re 31st in the league in dead money for 2014,” Demoff said. “I think we have $133,000.”


^^ I find this comical, what will it be after cuts are made? Finnegan, Dahl , Wells... This is just a feel good story for guys like you Jacob. Last year we had $12.5 mill in dead $$ for releasing Quinten Mikel and Jason Smith. This year I believe Finnegan, Dahl and Wells will count $8 mill. If we cut Langford it will be an additional 2 mill in dead $$. So if these cuts are made Jacob don't forget to deduct the dead $$ up front. You always do.

After the rookie pay is figured in, we are only going to be able to sign 1 or 2 decent guys.

How is it for guys like me??? Optimist? The glass is half full? :lol:
Don't be such an
767776_f520.jpg


Give me a break zeke there's no need to get defensive here. You should reread the article, we're at 9.5 mil cap space with the highest paid 51 players and you only count that against the cap once free agency starts. Also I did count the dead money, I understand Finnegan has 3 mil dead money and Dahl has something like 2.5 and Wells has another 3. So you're in the ballpark around 8 mil in dead money. However we still save about 10-11 mil if we cut all 3 of them.......you know thats not guaranteed money. Plus the 4 mil we saved with Long.
So I'm not really sure what you're trying to get at? Even with the dead money (say if we just cut Finne and Dahl) we'll still be around 17 mil cap space. And every team has dead money, it happens. If you think otherwise then you're delusional. :yahoo:
 

27mtrcougar

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And even though C. Long's contract goes down in 2015, he still won't be worth the 10M, especially being on the plus side of 30 yrs old.

This is why we seriously need to consider Clowney if he's there. we could probably Trade him and get something for him now. second rounder I bet. It won't happen Fisher is too loyal.
 

Vitamike

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But when free agency starts next Tuesday, each team must count only its 51 highest-paid players against the cap. So that raises the Rams’ cap room to about $9½ million — more than enough space to get things started in the offseason.
It's even better than this jaco!!

I heard Pat Kirwin explain this on the NFL Sirus radio channel last year.

I'll do my best to explain the concept...

Since it's only the top 51 players salaries, it goes like this...

If we are looking at a free agent or two, we are not bound by the $9.5M of cap space because lets say we pick up a guy and he counts $12M against the cap. Well simply the former 51st highest paid player who counts against the cap would drop off as long as his contract didn't exceed the difference of the two. So a player making $2.5M or less would drop off allowing the Rams to sign the higher paid player. That $2.5M player now is still under contract with the Rams so it's not like he is waived he is just not counted against the cap. however all will eventually need to be under the cap when the roster is cut down to the final 53.

This allows teams to sign camp players and have some flexibility with season ending injuries suffered prior to the 53 man roster.
 

jacobarch

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It's even better than this jaco!!

I heard Pat Kirwin explain this on the NFL Sirus radio channel last year.

I'll do my best to explain the concept...

Since it's only the top 51 players salaries, it goes like this...

If we are looking at a free agent or two, we are not bound by the $9.5M of cap space because lets say we pick up a guy and he counts $12M against the cap. Well simply the former 51st highest paid player who counts against the cap would drop off as long as his contract didn't exceed the difference of the two. So a player making $2.5M or less would drop off allowing the Rams to sign the higher paid player. That $2.5M player now is still under contract with the Rams so it's not like he is waived he is just not counted against the cap. however all will eventually need to be under the cap when the roster is cut down to the final 53.

This allows teams to sign camp players and have some flexibility with season ending injuries suffered prior to the 53 man roster.

Right, they just went over the Rams salary last week and came up with basically the same numbers as JT.
I also listened to that same show :suds:
 

zeke2829

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How is it for guys like me??? Optimist? The glass is half full? :lol:
Don't be such an
767776_f520.jpg


Give me a break zeke there's no need to get defensive here. You should reread the article, we're at 9.5 mil cap space with the highest paid 51 players and you only count that against the cap once free agency starts. Also I did count the dead money, I understand Finnegan has 3 mil dead money and Dahl has something like 2.5 and Wells has another 3. So you're in the ballpark around 8 mil in dead money. However we still save about 10-11 mil if we cut all 3 of them.......you know thats not guaranteed money. Plus the 4 mil we saved with Long.
So I'm not really sure what you're trying to get at? Even with the dead money (say if we just cut Finne and Dahl) we'll still be around 17 mil cap space. And every team has dead money, it happens. If you think otherwise then you're delusional. :yahoo:

Easy Jaco....that was directed at Kevin Demof! Not You. He makes a comment that we are 31st in the league, but we havent even made our cuts yet. Yah its good that we dont have a ton of dead $$ this early on, but if managed correctly there shouldnt be any dead $$ period.
 

jacobarch

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Easy Jaco....that was directed at Kevin Demof! Not You. He makes a comment that we are 31st in the league, but we havent even made our cuts yet. Yah its good that we dont have a ton of dead $$ this early on, but if managed correctly there shouldnt be any dead $$ period.

teehee i know I'm just bustin your balls........:suds:
 

bluepigpen

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Thanks to all you guys for this conversation, I was a little confused on the subject and now it is clear. That is why this venue is so valuable.
 

ksudodger

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Finnegan has been released as of 2:27 pm CST

Adam Schefter (@AdamSchefter) tweeted at 2:27 PM on Wed, Mar 05, 2014:
And there goes @CortFinnegan with the news the Rams have released him. Classy send off message from him, too.
 

Retroram52

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I think Dahl and Wells will eventually be gone but I doubt they'll move Langford.
 
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