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Originally Posted by CrazyCanuck
Nice post Schneed.
Some other factors:
- salary mins have increased which will reduce the cap room.
- option bonuses due in 2006 can now be prorated 5 years instead of 4 which increases the cap room.
- you added $4.4M in savings for Lavar, but you didn't include his $12M deadcap charge. His net deadcap charge will be around $8M ($12M - $4M).
I'm gonna try to get some new cap sheets up in the next few days even if I have to make a bunch of assumptions.
EDIT: Sorry just realized you did factor in the salary min increases into your calculations.
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I see you noticed the min salary increases included in the top. Arrington's contract was scheduled to count $12.something million in 2006 if he were on the roster, and that got included in the top line of $116.8 million. So his dead money would be wrapped up in the starting number, minus the $4.4 million.
Sorry that was confusing, I should have broken his dead money out after he got cut.
I'm sure you've been trying to come across cap figures for the new contracts, I know I have been and it's pretty much impossible at this point. One thing's certain, we can prorate the signing bonuses over 5 years. And then knowing the Skins, it's probably safe to assume that the base salaries are set at the vet minimum in the early years of the contract.