Cap Update

[CrazyCanuck]

Here's how the numbers breakdown for the Skins' recent moves (since the last cap sheet update 2/7). The info out there is sketchy so these are my best estimates. Also this doesn't include Barrow or Patten. The post is a little long, so if you just want the summary scroll to the bottom.

(All figures in 000s)

CAP SAVINGS

Samuels - 7 years, $46.5M, $15.75M SB, $3M RB
Year...Salary...Bonus...Old Bonus...Cap Hit
2005...$800.....$3150...$2932.......$6882
2006...$1000....$4150...$2932.......$8082
2007...$2450....$5150...$0..........$7600
2008...$4500....$3150...$0..........$7650
2009...$5000....$3150...$0..........$8150
2010...$6500....$0......$0..........$6500
2011...$7500....$0......$0..........$7500
Total..$27750...$18750..$5864.......$52364
Old 2005 cap number - $9643
New 2005 cap number - $6882
2005 cap savings: $2761

Haley - released
Old 2005 cap number - $1163
New 2005 cap number - $0
2005 deadcap - $325
2005 cap savings: $838

Parker - released
Old 2005 cap number - $455
New 2005 cap number - $0
2005 deadcap - $0
2005 cap savings: $455

Restructures
Ramsey - $500
Jansen - $1000
Thomas - $1600
Wynn - $1900
2005 cap savings: $5000

TOTAL 2005 CAP SAVINGS: $9054


CAP SPENDING

Harris - $1M escalator triggered
2005 cap increase: $1000

Rabach - 5 years, $13.75M, $2.5M SB, $2M RB (guaranteed), 5th year voidable.
Year...Salary...Bonus...Cap Hit
2005...$535.....$900....$1435
2006...$535.....$900....$1435
2007...$1680....$900....$2600
2008...$2500....$900....$3400
2009...$4000....$900....$4900
Total..$9250....$4500...$13750
2005 cap hit: $1435

Marshall - 3 years, $2M, $368K SB
Year...Salary...Bonus...Cap Hit
2005...$455.....$122....$577
2006...$577.....$123....$700
2007...$600.....$123....$723
Total..$1632....$368....$2000
2005 cap hit: $577

Simon - 1 year, $380K
Year...Salary...Bonus...Cap Hit
2005...$380.....$0......$380
Total..$380.....$0......$380
2005 cap hit: $380

Smith - 2 years, $690K
Year...Salary...Bonus...Cap Hit
2005...$305.....$0......$305
2006...$385.....$0......$385
Total..$690.....$0......$690
2005 cap hit: $305

Cartwright - 1 year, $656K tender
Year...Salary...Bonus...Cap Hit
2005...$656.....$0......$656
Total..$656.....$0......$656
2005 cap hit: $656

Evans - 1 year, $656K tender
Year...Salary...Bonus...Cap Hit
2005...$656.....$0......$656
Total..$656.....$0......$656
2005 cap hit: $656

Hasselbeck - 1 year, $656K tender
Year...Salary...Bonus...Cap Hit
2005...$656.....$0......$656
Total..$656.....$0......$656
2005 cap hit: $656

Lott - 1 year, $656K tender
Year...Salary...Bonus...Cap Hit
2005...$656.....$0......$656
Total..$656.....$0......$656
2005 cap hit: $656

Warner - 1 year, $656K tender
Year...Salary...Bonus...Cap Hit
2005...$656.....$0......$656
Total..$656.....$0......$656
2005 cap hit: $656

Clemons - 1 year, $380K tender
Year...Salary...Bonus...Cap Hit
2005...$380.....$0......$380
Total..$380.....$0......$380
2005 cap hit: $380

Chandler - 1 year, $380K tender
Year...Salary...Bonus...Cap Hit
2005...$380.....$0......$380
Total..$380.....$0......$380
2005 cap hit: $380

Salave'a - 1 year, $760K, vet min exemption
Year...Salary...Bonus...Cap Hit
2005...$760.....$-305...$455
Total..$760.....$-305...$455
2005 cap hit: $455

Albright - 1 year, $760K, vet min exemption
Year...Salary...Bonus...Cap Hit
2005...$760.....$-305...$455
Total..$760.....$-305...$455
2005 cap hit: $455

TOTAL CAP SPENDING: $8647


SUMMARY
2005 Cap Savings: $9054
Less 2005 Cap Spending: -$8647
New Cap Limit: $500K
Replaced players in top 51: $3569

TOTAL 2005 SAVINGS (SINCE 2/7): $4476

Cap Room (2/7): $3291

CURRENT CAP ROOM (3/3): $7767