Perfect72
It's Only Happened ONCE!
http://www.sun-sentinel.com/sports/...ncy-this-offseason-20150305-story.html#page=1
The tide in the NFL could be turning this offseason.
Up to this point the NFLPA has taken a beating when it comes to the new collective bargaining agreement, which ushered in a new financial era of the NFL in 2011, one that featured the middle class being squeezed.
However, the tide might be turning this offseason because of a little known poison pill called the “minimum spending floor,” which requires every NFL team to average spending at least 89% up to the salary cap floor from 2011 to 2016.
If they don’t meet the 89% floor the owner of each franchise not in compliance will have to write the NFLPA a check for the difference. The NFLPA has latitude to disperse a team's shortfall to players on that team during this period. If the entire league's spending is under 95% over the 4 year period, the NFLPA can disperse that shortfall how it wants. This shortfall is secondary to any shortfall under the 89% requirement.
I’m told NFL owners would rather spend that money to improve their teams – either signing free agents or giving out extensions - than write an annual refund check (the floor comes into play in 2016 and exists every year moving forward in this new CBA).
Some big spending teams, like the Miami Dolphins, which have distributed $482 million in cash and commitments, will have no issue meeting that requirement. But half the league will be forced to spend $70 million-plus over the next two seasons to reach the minimum spending floor.
And eight franchises – the Raiders, Panthers, Jaguars, Jets, Chargers, Cowboys, Colts and Giants – have to dole out over $100 million in actual cash – not contracts – over the next two years. That means we can officially see some money being spent on larger signing bonuses, and more guaranteed money these next two seasons.
Here’s a list of the new money that needs to be spent by every NFL team, which is provided to us by Jimmy Halsell, an NFL agent and contract analyst, and it’s paired with the projected salary cap space for 2015.
New Money to be spend in next 2 years 2015 Projected Cap Space
Raiders $157,925,758 $59.9M
Panthers $149,564,081 $57.9M
Jaguars $132,624,833 $69M
Jets $123,995,341 $50.6M
Chargers $117,819,578 $26.2M
Cowboys $115,744,199 $7.1M
Colts $111,571,762 $41.9M
Giants $109,191,935 $13.3M
Titans $97,613,136 $47.1M
Steelers $96,508,622 $8M
Texans $89,685,111 $19.2M
Redskins $89,941,915 $26.4M
Patriots $85,152,744 -$11.7M
Bills $82,496,413 $17.5M
Bengals $79,789,965 $40M
Browns $71,183,294 $53.6M
Ravens $69,310,340 $4.7M
Lions $64,880,927 $18.9M
Buccaneers $57,882,078 $34M
Cardinals $51,610,417 $14M
Chiefs $48,115,622 -$5.2M
Seahawks $44,003,156 $25M
Rams $38,199,740 $7.5M
Bears $37,729,395 $29.1M
Eagles $33,753,148 $32.8M
Broncos $32,150,245 $20.6M
Vikings $29,350,918 $26M
Falcons $29,177,921 $31.3M
Saints $24,137,176 -$21.8M
Packers $23,317,252 $32.6M
Dolphins $10,167,523 $10.1M
49ers $7,283,654 $5.2M
* These figures are projections based on figures provided by the NFLPA on March 4.
* These sums will change as teams sign free agents, draft picks and restructure deals within this month, this offseason, and the next two years.
* Teams in bold are franchises in the red that must reduce their cap commitments to meet the league's projections. The salary cap was set at $143 million for 2015, but most teams also feature cap carryover.
The tide in the NFL could be turning this offseason.
Up to this point the NFLPA has taken a beating when it comes to the new collective bargaining agreement, which ushered in a new financial era of the NFL in 2011, one that featured the middle class being squeezed.
However, the tide might be turning this offseason because of a little known poison pill called the “minimum spending floor,” which requires every NFL team to average spending at least 89% up to the salary cap floor from 2011 to 2016.
If they don’t meet the 89% floor the owner of each franchise not in compliance will have to write the NFLPA a check for the difference. The NFLPA has latitude to disperse a team's shortfall to players on that team during this period. If the entire league's spending is under 95% over the 4 year period, the NFLPA can disperse that shortfall how it wants. This shortfall is secondary to any shortfall under the 89% requirement.
I’m told NFL owners would rather spend that money to improve their teams – either signing free agents or giving out extensions - than write an annual refund check (the floor comes into play in 2016 and exists every year moving forward in this new CBA).
Some big spending teams, like the Miami Dolphins, which have distributed $482 million in cash and commitments, will have no issue meeting that requirement. But half the league will be forced to spend $70 million-plus over the next two seasons to reach the minimum spending floor.
And eight franchises – the Raiders, Panthers, Jaguars, Jets, Chargers, Cowboys, Colts and Giants – have to dole out over $100 million in actual cash – not contracts – over the next two years. That means we can officially see some money being spent on larger signing bonuses, and more guaranteed money these next two seasons.
Here’s a list of the new money that needs to be spent by every NFL team, which is provided to us by Jimmy Halsell, an NFL agent and contract analyst, and it’s paired with the projected salary cap space for 2015.
New Money to be spend in next 2 years 2015 Projected Cap Space
Raiders $157,925,758 $59.9M
Panthers $149,564,081 $57.9M
Jaguars $132,624,833 $69M
Jets $123,995,341 $50.6M
Chargers $117,819,578 $26.2M
Cowboys $115,744,199 $7.1M
Colts $111,571,762 $41.9M
Giants $109,191,935 $13.3M
Titans $97,613,136 $47.1M
Steelers $96,508,622 $8M
Texans $89,685,111 $19.2M
Redskins $89,941,915 $26.4M
Patriots $85,152,744 -$11.7M
Bills $82,496,413 $17.5M
Bengals $79,789,965 $40M
Browns $71,183,294 $53.6M
Ravens $69,310,340 $4.7M
Lions $64,880,927 $18.9M
Buccaneers $57,882,078 $34M
Cardinals $51,610,417 $14M
Chiefs $48,115,622 -$5.2M
Seahawks $44,003,156 $25M
Rams $38,199,740 $7.5M
Bears $37,729,395 $29.1M
Eagles $33,753,148 $32.8M
Broncos $32,150,245 $20.6M
Vikings $29,350,918 $26M
Falcons $29,177,921 $31.3M
Saints $24,137,176 -$21.8M
Packers $23,317,252 $32.6M
Dolphins $10,167,523 $10.1M
49ers $7,283,654 $5.2M
* These figures are projections based on figures provided by the NFLPA on March 4.
* These sums will change as teams sign free agents, draft picks and restructure deals within this month, this offseason, and the next two years.
* Teams in bold are franchises in the red that must reduce their cap commitments to meet the league's projections. The salary cap was set at $143 million for 2015, but most teams also feature cap carryover.
