Two cap notes of interest | FinHeaven - Miami Dolphins Forums

Two cap notes of interest

Feverdream

Club Member
Joined
Jun 18, 2003
Messages
15,416
Reaction score
39,169

Chiefs restructured Patrick Mahomes' contract.​

The team will convert Mahomes’ $21.7 million roster bonus into a signing bonus, creating $17 million in cap space. Although this is likely a one-off maneuver the front office will utilize exclusively to work around 2021's reduced salary cap, the language in the 25-year-old's 10-year deal allows Kansas City to convert salary or bonuses to a signing bonus at any time. Mahomes remains signed through the 2031 season.

The Chiefs are sliding into cap Hell. Deferring monies and cutting all of your linemen in an attempt to get under the cap is long-term poison.

NFL Network's Mike Garafolo reports Cam Newton's one-year contract with the Patriots includes $5 million in base value.​

It's vastly different language from the initial report that stated Newton had re-signed for $14 million. He'll receive a $2 million signing bonus and $1.5 million in guaranteed money and per-game bonuses, but the remaining $9 million will have to be accrued via longshot incentives for the playoffs, Pro Bowl, All-Pro, MVP, Super Bowl MVP, etc. The Patriots still have the third-most cap space ($68.64 million) in the NFL and will likely look to address its offense with a majority of that number, quarterback included.

Dammit... as usual, the Patriots are cap smart, and way ahead of 90% of the other teams.
 
Here's the top part of the Chiefs' chart... a LOT of big numbers here, yet... they have no experienced Tackles or a Center on the roster. I liked Niang last year, but now he's had a year off and comes in raw.
...and so much of their cap problem isn't in the actual base pay (first column). They've handed out so much bonus money that they are drowning.

PlayerBase SalaryProrated BonusRoster BonusWorkout BonusOther BonusGuaranteed SalaryCap
Number
Dead Money & Cap Savings
Cut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension
RegularPer Game
Frank Clark$18,500,000$6,800,000$0$0$500,000$0$18,500,000$25,800,000$38,900,000($13,100,000)
Patrick Mahomes$990,000$2,000,000$21,716,905$0$100,000$0$22,806,905$24,806,905$60,256,905($35,450,000)
Chris Jones$1,000,000$375,000$20,000,000$0$500,000$0$21,500,000$21,875,000$22,625,000($750,000)
Tyrann Mathieu$14,550,000$4,933,334$0$0$250,000$0$0$19,733,334$4,933,334$14,800,000
Tyreek Hill$990,000$2,650,000$11,885,500$0$325,000$0$0$15,850,500$5,300,000$10,550,500
Travis Kelce$5,250,000$0$7,000,000$750,000$250,000$0$12,250,000$13,250,000$12,250,000$1,000,000
Anthony Hitchens$5,800,000$4,223,750$0$500,000$200,000$0$0$10,661,250$8,447,500$2,213,750
 

The Chiefs are restructuring contracts for Patrick Mahomes, Travis Kelce, and Chris Jones.​

Redoing the contracts will put the team $20 million under the 2021 salary cap, creating enough space to (perhaps) shore up their offensive line. Mahomes was set to account for $7.4 million against the 2021 cap; Kelce's current deal would have been $13.25 million against the cap; and Jones would have been $21.8 million against the cap.
 
...and another one...

Falcons restructured Matt Ryan's contract.​

Ryan's cap hit in 2021 goes from $40.9 million to $26.9 million, so the Falcons have more cap room to work with this offseason. Of course, there's no such thing as a free lunch. The Falcons essentially pushed Ryan's monster contract further down the road. He now has a cap hit of $48.6 million in 2022, and a trade or release would come with $40.5 million next offseason. The restructure makes the Falcons more committed to Ryan beyond just 2021. It's possible that new coach Arthur Smith wants to keep the band together well into Ryan's 30s. We'll see if the Falcons stay at No. 4 overall in the upcoming draft.
 
...and another one...

Falcons restructured Matt Ryan's contract.​

Ryan's cap hit in 2021 goes from $40.9 million to $26.9 million, so the Falcons have more cap room to work with this offseason. Of course, there's no such thing as a free lunch. The Falcons essentially pushed Ryan's monster contract further down the road. He now has a cap hit of $48.6 million in 2022, and a trade or release would come with $40.5 million next offseason. The restructure makes the Falcons more committed to Ryan beyond just 2021. It's possible that new coach Arthur Smith wants to keep the band together well into Ryan's 30s. We'll see if the Falcons stay at No. 4 overall in the upcoming draft.
There not going take qb..there defense suck
 

Bears released CB Kyle Fuller.​

This move is why "the salary cap is a myth" is misleading. The Bears didn't want to release their top corner, but they are in cap hell and need the space to sign Andy Dalton. It's possible the front office can find a last-minute trade partner, but they'll be eating $9 million in dead cap and saving $11 million against the cap either way. Fuller immediately becomes one of the better available free agents. He just turned 29 years old and has experience as being a No. 1 outside corner. Fuller was a Pro Bowler in 2018 and 2019.
 
Hey fin fans/ American fans, i have a dumb question. The bonuses these players get come in one check? And their salary comes in a weekly check? Am i correct here?
 
Texas absolutely sucks... just a dumpster fire... and despite being awful, they are kicking salary cap problems into future years instead of just taking the bath now.

This has to be worst front office in the NFL.

Texans restructured LT Laremy Tunsil's contract.​

This doesn't effect Tunsil much, but it does save $10.1 million in 2021 cap for the team. Houston has made two dozen low-level transactions this offseason while remaining in a total rebuild. It's unclear who Tunsil will be protecting at quarterback in 2021.
 
Back
Top Bottom