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+--- Thread: Salary Cap going way up (/thread-37807.html)
Salary Cap going way up - Soonerpeace - 02-23-2024
The NFL has announced that the 2024 salary cap is set to be a record $255.4 million—an unprecedented $30 million increase for each franchise. pic.twitter.com/R1KpuNLiT0
— Front Office Sports (@FOS) February 23, 2024
RE: Salary Cap going way up - Luvnit2 - 02-23-2024
(02-23-2024, 03:05 PM)Soonerpeace Wrote:The NFL has announced that the 2024 salary cap is set to be a record $255.4 million—an unprecedented $30 million increase for each franchise. pic.twitter.com/R1KpuNLiT0
— Front Office Sports (@FOS) February 23, 2024
I may be wrong, but thought 241 million projected, so Bengals would have 75 million to spend in 2024.
That is huge to keep the band together.
RE: Salary Cap going way up - Soonerpeace - 02-23-2024
(02-23-2024, 03:12 PM)Luvnit2 Wrote: I may be wrong, but thought 241 million projected, so Bengals would have 75 million to spend in 2024.
That is huge to keep the band together.
I thought so as well. Could have added some bounce in Reader & Tee’s step today.
RE: Salary Cap going way up - WeezyBengal - 02-23-2024
That Burrow contract is going to look really good in a couple of years.
RE: Salary Cap going way up - WeezyBengal - 02-23-2024
(02-23-2024, 03:13 PM)Soonerpeace Wrote: I thought so as well. Could have added some bounce in Reader & Tee’s step today.
I don't get why some of you guys want to bring Reader back.
The hang up in Tee's deal is the guaranteed money. The cap rising doesn't change that.
RE: Salary Cap going way up - michaelsean - 02-23-2024
(02-23-2024, 03:28 PM)WeezyBengal Wrote: I don't get why some of you guys want to bring Reader back.
The hang up in Tee's deal is the guaranteed money. The cap rising doesn't change that.
Hell they could be running out of cash to put aside with Joe and anticipating JaMarr
RE: Salary Cap going way up - Nepa - 02-23-2024
This increase -- which I believe significantly exceeded teams' expectations -- is going to bail out some of the Bengals competitors who were struggling with their caps, being over somewhat or with very little cap space. They may now keep some players they were going to jettison or sign some more free agents. Honest inquiry: Do the Bengals make enough as a franchise that they are delighted with this news, or are they feeling more competitive against big-market/rich-owner teams had there been a lower cap?
RE: Salary Cap going way up - michaelsean - 02-23-2024
(02-23-2024, 03:28 PM)WeezyBengal Wrote: I don't get why some of you guys want to bring Reader back.
The hang up in Tee's deal is the guaranteed money. The cap rising doesn't change that.
I would agree about Reader if he’s commanding a lot of money. No idea when he can come back and how effective he would be, and when his next injury might be.
RE: Salary Cap going way up - Au165 - 02-23-2024
FYI, these kind of massive jumps tend to reset markets. This doesn't help as much as you think as it just means agents will look for bigger deals. What it will do though is for positions that are depressed like HB you could now potentially get one of those more affordably relative tot he cap but a position like WR look for another massive jump there. Jefferson will set that market and Chase will look to break it.
RE: Salary Cap going way up - michaelsean - 02-23-2024
(02-23-2024, 04:01 PM)Nepa Wrote: This increase -- which I believe significantly exceeded teams' expectations -- is going to bail out some of the Bengals competitors who were struggling with their caps, being over somewhat or with very little cap space. They may now keep some players they were going to jettison or sign some more free agents. Honest inquiry: Do the Bengals make enough as a franchise that they are delighted with this news, or are they feeling more competitive against big-market/rich-owner teams had there been a lower cap?
Who knows? Other teams may be willing to offer even more for free agents.
RE: Salary Cap going way up - jj22 - 02-23-2024
(02-23-2024, 04:04 PM)Au165 Wrote: FYI, these kind of massive jumps tend to reset markets. This doesn't help as much as you think as it just means agents will look for bigger deals. What it will do though is for positions that are depressed like HB you could now potentially get one of those more affordably relative tot he cap but a position like WR look for another massive jump there. Jefferson will set that market and Chase will look to break it.
Good point.
RE: Salary Cap going way up - Au165 - 02-23-2024
The good news is we got that Burrow deal done as I expect a couple contracts this year for inferior QB's to surpass Burrow's deal this off season, especially now with the cap jump.
RE: Salary Cap going way up - Nepa - 02-23-2024
(02-23-2024, 04:07 PM)michaelsean Wrote: Who knows? Other teams may be willing to offer even more for free agents.
Glad they extended Burrow before this news. Wish they could have extended Chase before.
According to reports, the expectation is now that there will be significant cap increases the next several years. Agents and players entering or close to entering free agency are salivating hearing this news.
RE: Salary Cap going way up - Wyche'sWarrior - 02-23-2024
(02-23-2024, 03:27 PM)WeezyBengal Wrote: That Burrow contract is going to look really good in a couple of years.
I kinda figured it would, but this big of an increase bodes REALLY well.
RE: Salary Cap going way up - Nate (formerly eliminate08) - 02-23-2024
Yes, happy we got the Burrow deal done when we did after seeing this. To Weezy about Reader, I would agree if we had a NT on the team
that has shown the ability to stop the run but we don't. Reader shouldn't cost a lot with the injury and his age, bring him back and hope he
can play this year while adding a couple more DT's in the FA and the draft is still my vote and I don't understand the ones wanting to move
on from a proven DT when it is by far the biggest question mark on the team in the trenches this Offseason.
RE: Salary Cap going way up - Sled21 - 02-23-2024
(02-23-2024, 03:28 PM)WeezyBengal Wrote:
I don't get why some of you guys want to bring Reader back.
The hang up in Tee's deal is the guaranteed money. The cap rising doesn't change that.
Uh, because he's one of if not the best run stopping DT in the league???
RE: Salary Cap going way up - Synric - 02-23-2024
(02-23-2024, 04:04 PM)Au165 Wrote: FYI, these kind of massive jumps tend to reset markets. This doesn't help as much as you think as it just means agents will look for bigger deals. What it will do though is for positions that are depressed like HB you could now potentially get one of those more affordably relative tot he cap but a position like WR look for another massive jump there. Jefferson will set that market and Chase will look to break it.
It makes deals like a multi-year 8m APY Noah Fant deal more realistic for the Bengals. As for Chase hopefully the Vikings and Jefferson continue to have issues and Chase gets locked up first.
RE: Salary Cap going way up - XenoMorph - 02-23-2024
(02-23-2024, 04:01 PM)michaelsean Wrote: I would agree about Reader if he’s commanding a lot of money. No idea when he can come back and how effective he would be, and when his next injury might be.
would we sign him before he could pass a physical?
RE: Salary Cap going way up - ochocincos - 02-23-2024
New cap numbers for all teams after today's announcement - https://www.spotrac.com/nfl/cap/
Bengals sitting 6th most at $74.2 mill with the 2023 rollover of $10.7 mill.
With the new cap numbers, only 7 teams are in the red currently.
One of which is CLE with -$7.7 mill.
BUF is the worst at -$41.3 mill.
RE: Salary Cap going way up - Synric - 02-23-2024
(02-23-2024, 05:02 PM)XenoMorph Wrote: would we sign him before he could pass a physical?
Reader said his first quad injury was 9 months which would put him ready in September. He also he was alor further along this time than he was for his first quad injury. The Bengals rehabbed him thr first time so they are in perfect position to know when he will be ready for 2024.