Assessing the Cap

[Luvnit2]

(04-03-2022, 04:38 PM)Isaac Curtis: The Real #85 Wrote: No. You are still not getting it. How is it that people don't get dispacement? Do we need to start all cap discussions with an Archimedes primer?

1) Yes, the total COST to sign our picks would be $7.5 mil or so (though spotrac incorrectly has 7 instead if 8). 

2) Cost is not the same as cap. It would be if we only had 43 guys under contract and the 8 picks were filling out the roster. But the fact is, we have 61/62 guys under contract. So, when we "sign" pick #31, yes, the cap hit for him is $2.4 mil in year 1. But he is replacing a guy at $825k or $895k.  The NET impact on our cap for pick #31 is $1.6 mil or so. Just over $200-$300k for Rd 2. Rd 3 is under $100k. Rd4 on is a wash, or produces a net savings. 

3) All this is assuming we cut the lowest cost guy under contract. Say we pick Daxton Hill. He's a safety. If he takes Brandon Wilson's spot, Wilson makes $2.5 mil with $500k dead cap. Hill might only "cost" us $400k in cap. 

I am getting it just fine. Have you look at projected (actual cap cost and not cash) rookie pool on Spotrac projected cap space with the 2 columns. !st column is with no offset, or over 7 million needed and 2nd column is with offset and where I got the number of 5.3 million needed for the Bengals rookie pool.