Dead cap money?

Cardsfaninlouky

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I'm not good with cap stuff. I keep reading posters talking about dead cap money, I'm thinking that's money paid to players that no longer play for us? Does it count against our current cap? I was thinking it doesn't, only the money being paid to current players does but I keep reading posters talking about next yr the dead money ends. Kind of like it does count against our current cap. I read where we have like 21 million or more in dead cap money right now that ends next yr. Can someone help me out on this?
 

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Dead money is guaranteed money that the team has already paid (like signing bonuses). It counts against the cap, normally for just one year but if the player is designated a June 1 cut it can be spread over 2 seasons (reducing the cap hit for a team but making it last longer).
 

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I'm not good with cap stuff. I keep reading posters talking about dead cap money, I'm thinking that's money paid to players that no longer play for us? Does it count against our current cap? I was thinking it doesn't, only the money being paid to current players does but I keep reading posters talking about next yr the dead money ends. Kind of like it does count against our current cap. I read where we have like 21 million or more in dead cap money right now that ends next yr. Can someone help me out on this?

Player X signs a 5 year deal with a $25m signing bonus, which is paid at signing.

For CAP purposes it's accounted for at $5m per year.

The team cuts the player after 3 years leaving $10m unaccounted for under the CAP.

The team is required to account for the outstanding CAP charge in the league year player X is cut.

So they take a $10m CAP hit (dead money), which means you have $10m less to spend under the CAP in that year.

This amount against the CAP disappears after that League year.

Their are options to split these amounts due, but, it freezes the amount you can spend before June 1 and this is why it's less used.
 
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Cardsfaninlouky

Cardsfaninlouky

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Player X signs a 5 year deal with a $25m signing bonus, which is paid at signing.

For CAP purposes it's accounted for at $5m per year.

The team cuts the player after 3 years leaving $10m unaccounted for under the CAP.

The team is required to account for the outstanding CAP charge in the league year player X is cut.

So they take a $10m CAP hit (dead money), which means you have $10m less to spend under the CAP in that year.

This amount against the CAP disappears after that League year.

Their are options to split these amounts due, but, it freezes the amount you can spend before June 1 and this is why it's less used.
I'm assuming the signing bonus is included in the total contact? Ok, player X signs a 5 yr contract worth 100 million total with a 50 million signing bonus, player X counts 20 million per yr against the cap? They cut him after 2 yrs, 50 million of that would be dead cap money? How does the signing bonus play into it? I do know a signing bonus can be spread over the course of several yrs.
 
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Cardsfaninlouky

Cardsfaninlouky

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Player X signs a 5 year deal with a $25m signing bonus, which is paid at signing.

For CAP purposes it's accounted for at $5m per year.

The team cuts the player after 3 years leaving $10m unaccounted for under the CAP.

The team is required to account for the outstanding CAP charge in the league year player X is cut.

So they take a $10m CAP hit (dead money), which means you have $10m less to spend under the CAP in that year.

This amount against the CAP disappears after that League year.

Their are options to split these amounts due, but, it freezes the amount you can spend before June 1 and this is why it's less used.
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OVER THE CAP
NFL SALARY CAP, CONTRACTS, SALARIES, BONUSES AND ANALYSIS


Salary Cap Space
Calculations:
Cap Space = (Team Salary Cap) – (Active Cap Spending) – (Dead Money)
Team Salary Cap = (Base Salary Cap) + (Carryover) +/- (Adjustments)

Base Salary Cap: $188,200,000
Team Cap
Space
Effective Cap
Space ℹ️
Active
Cap Spending
Dead
Money

Colts $76,966,694 $76,966,694 $159,278,729 $1,224,490
Texans $45,980,111 $45,980,111 $163,003,388 $1,769,452
49ers $39,142,537 $39,142,537 $179,138,521 $12,938,175
Browns $35,178,921 $35,178,921 $191,957,752 $18,874,098
Raiders $33,409,805 $33,409,805 $154,471,745 $5,047,423
Bills $33,244,174 $33,244,174 $158,126,803 $7,564,040
Jets $31,988,378 $31,988,378 $164,709,027 $4,694,623
Bengals $28,994,696 $28,994,696 $162,901,507 $3,979,366
Dolphins $28,906,098 $28,906,098 $129,759,175 $36,417,421
Lions $28,835,164 $28,835,164 $159,391,168 $5,627,631
Cardinals $26,534,648 $26,534,648 $144,552,184 $22,139,421
Eagles $25,746,474 $25,746,474 $160,198,649 $11,562,923
Titans $25,654,471 $25,654,471 $185,118,853 $6,649,534
Chiefs $22,988,570 $22,988,570 $158,484,810 $7,997,504
Cowboys $19,001,771 $19,001,771 $177,108,391 $4,268,011
Bears $18,736,216 $18,736,216 $174,221,511 $920,086
Saints $18,667,912 $18,667,912 $158,558,424 $12,647,044
Ravens $17,436,691 $17,436,691 $146,612,830 $23,723,611
Jaguars $17,283,814 $17,283,814 $159,606,833 $24,148,786
Packers $13,144,793 $13,144,793 $171,660,446 $11,665,887
Giants $12,878,442 $12,878,442 $148,178,790 $33,656,400
Redskins $12,704,996 $12,704,996 $173,534,703 $7,334,536
Broncos $12,547,518 $12,547,518 $160,453,929 $21,387,244
Chargers $11,687,068 $11,687,068 $171,015,059 $4,264,089
Seahawks $11,171,439 $11,171,439 $176,122,108 $2,483,564
Rams $8,337,895 $8,337,895 $176,436,267 $3,850,076
Panthers $7,282,890 $7,282,890 $181,432,897 $3,519,784
Steelers $6,989,093 $6,989,093 $176,044,815 $23,099,683
Patriots $5,546,673 $5,546,673 $188,084,257 $2,706,368
Vikings $5,503,347 $5,503,347 $183,847,075 $2,233,330
Falcons $4,729,049 $4,729,049 $179,260,060 $4,825,608
Buccaneers $3,372,022 $3,372,022 $189,236,543 $1,094,515


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Cardsfaninlouky

Cardsfaninlouky

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I just copied that. If I'm reading it right, we have 22 million in dead cap money, 144 million in active spending & 26 million under the cap. The cap for this yr is 188 million so the numbers don't add up. We should only have 22 million cap space available after adding the dead cap money (22 million) to the active spending (144 million). That totals 166 million leaving only 22 million from hitting the 188 million cap limit.
 

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I'm assuming the signing bonus is included in the total contact? Ok, player X signs a 5 yr contract worth 100 million total with a 50 million signing bonus, player X counts 20 million per yr against the cap? They cut him after 2 yrs, 50 million of that would be dead cap money? How does the signing bonus play into it? I do know a signing bonus can be spread over the course of several yrs.

The salary component of a deal is only guaranteed in the year played.

Signing bonus is above and beyond and, as said, prorated over the length of the contact to lower the CAP hit in any given year.

Don't make it more complicated than it is.

Go to Spotrac and you'll get the breakdown of the math. They may still be short a few deals that have yet to be filed with the League.
 
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