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WR Spending!

keithjackson

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Here's an interesting article, albeit from June, comparing what teams spend on WRs : http://www.cbssports.com/nfl/eye-on...g-what-each-nfl-team-spends-on-wide-receivers


It includes some awesome charts, and one of the first remarks is, "Oh my goodness, Miami. The Dolphins are spending $29,593,000 on wide receivers (mostly because of Mike Wallace). There's no team in the NFL even remotely close." The average team spends only $12.58 million, so yes, going into 2014, the Miami Dolphins are Number One! Interestingly, the Seahawks are #2 and the Broncos are #5, but looking at the rest of the list, there doesn't seem to be a right or wrong way to spend.


It also compares WR costs to PROJECTED (CBS Sports fantasy) TD and yardage production, saying "Miami is ... a projected $2,113,785 per receiving touchdown. Mike Wallace is the eyebrow-raising gift that keeps on giving. At least Miami is a projected top-10 in terms of passing yards to wideouts, unlike the Texans (projected 27th overall)." They continue to predict the average team will be paying $4,410 per yard, whereas the Dolphins will be paying almost $9,000. Still projections are only projections.


They do conclude with what I am considering is a compliment to Ryan Tannehill, "And that's really the point here: you want to marry production and cost. It helps if there's a good quarterback on your roster, sure. But even teams with good quarterbacks aren't immune to overpricing wideouts (see: the Dolphins)." It's the little things in life.


We are spending 19.6% of our cap on WRs, more than any other position on the team. In fact, Mike Wallace's $17,250,000 is more than we are paying our QB, RB, TE, OL, DB & ST units. To put that in perspective, no team in 2013 paid their WR units the most. (I'd venture to say our WR unit may be the most expensive in NFL history.) Here's a fun interactive site looking at where teams spent their money last year: http://www.theguardian.com/sport/in...tions-2013-2014#miami-dolphins,miami-dolphins


Should we blame Ireland for overpaying Wallace and Hartline? Let's remember our biggest need last offseason was playmaking ability at the WR position. Of the 60+ free agent WRs last year, Brian Hartline actually produced the second most yards, Wallace was #4, and Brandon Gibson was on pace to be near the top of that list as well. We needed help desperately, and couldn't afford to gamble with the draft or hidden gems. (Heck, this message board would've spent two picks on Tavon Austin and Ryan Swope and we'd be 5-11.) In 2012, Tannehill completed 166 passes for 2,294 yards to a group of eight WRs that included bygones like Moore, Bess, Naanee, Armstrong, and Gaffney. In 2013, those numbers improved to 226 for 2,776, but most importantly our WR TDs increased from 3 to 14. (Our TE numbers also improved, as well as Tannehill's numbers in almost every category - with an Oline that allowed 21 more sacks.)


Maybe the Dolphins are on the forefront of a pass happy league, and our upcoming Super Bowl win will give the other teams notice to spend spend spend on WRs. Maybe not, but it's fun to think about, especially when you have some cool charts.
 
Good stuff, thanks! If I remember right, Wallace and Hartline's contracts decrease dramatically next year, correct? I hope we are not committed to this insane spending level at WR for the foreseeable future.
 
Good stuff, thanks! If I remember right, Wallace and Hartline's contracts decrease dramatically next year, correct? I hope we are not committed to this insane spending level at WR for the foreseeable future.

Hartline's cap hit jumps almost every year. He goes from $6.2 this season to $7.3 the following, to $7.55 each of the final two seasons.
Wallace does drop to much more manageable levels, but thats compared to his ridiculous $17 million cap hit this season.

http://www.spotrac.com/nfl/miami-dolphins/brian-hartline/
http://www.spotrac.com/nfl/miami-dolphins/mike-wallace/

Anyways, shocking numbers. Especially when you look at the talent on other rosters(Detroit, Green Bay, Chicago, Atlanta, etc) compared to ours. Incredible really. Just reinforces the notion that we should be picking up receivers in the draft instead of relying on free agency. 20% of our cap on a group that scores 14 total touchdowns? No. Just no. Brandon Marshall almost hit that mark by himself for the Bears(12).
 
I believe Hartline's contract for the next three years is 7.35, 7.55, and 7.55, but I don't think there is any dead money involved if he's cut, which screams restructuring if his performance declines. Id guess Hartline is a Dolphin for life.

Wallace's contract is more complicated, so I googled a concise explanation:

"After the 2014 season, the Dolphins can walk away from the contract with just the $6.6 million remaining on the signing bonus. However, on the fifth day of the 2015 league year, the base salary for that season will become guaranteed. If the Dolphins don't get out of the contract, Wallace will be a $12.05 million cap hit.

The final two years of the deal, 2016 and 2017, both have a base salary of $11.45 million. With the $2.2 million signing bonus number, each of those years will cost Miami $13.65 million against the salary cap.

Looking at the deal, Wallace's agent can claim it's a 5-year, $60 million contract with $30 million guaranteed. In reality, it's a 2-year deal for $27 million, with a team option for the additional three years. If Wallace is not performing, the Dolphins can get out of the contract early, with just the signing bonus costing the team in dead money."
 
Keep in mind the increase in cap space helps offset that ridiculous price tag for this season. That said, unless Tannehill and Wallace have a substantial increase in production, I expect Wallace will be restructured or cut prior to that 5th day. Its still a formidable group of receivers without him.
 
Hartline's cap hit jumps almost every year. He goes from $6.2 this season to $7.3 the following, to $7.55 each of the final two seasons.
Wallace does drop to much more manageable levels, but thats compared to his ridiculous $17 million cap hit this season.

http://www.spotrac.com/nfl/miami-dolphins/brian-hartline/
http://www.spotrac.com/nfl/miami-dolphins/mike-wallace/

Anyways, shocking numbers. Especially when you look at the talent on other rosters(Detroit, Green Bay, Chicago, Atlanta, etc) compared to ours. Incredible really. Just reinforces the notion that we should be picking up receivers in the draft instead of relying on free agency. 20% of our cap on a group that scores 14 total touchdowns? No. Just no. Brandon Marshall almost hit that mark by himself for the Bears(12).

yeah like Hartline, landry, matthews....
 
... Just reinforces the notion that we should be picking up receivers in the draft instead of relying on free agency.

Excellent point! Now if we could start hitting on some of our draft picks we could be proactive in the draft instead of reactive. :-)
 
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