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Current Salary Cap

Discussion in 'Steelers Talk' started by lersgofor7, Mar 6, 2014.

  1. lersgofor7

    lersgofor7 Well-Known Member

    772
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    Dec 6, 2011
    Steelers Rule of 51: 134.72 mil
    Steelers Cap: 134.35 mil

    as of march 6th 372k over the cap
     
    lersgofor7, Mar 6, 2014
    lersgofor7, Mar 6, 2014
    #1
  2. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

    23,224
    2,267
    Oct 12, 2011
    Steelers Top 51: $129,374,616
    Steelers Dead Money: $5,349,900
    ---------------------------------
    Total: $134,724,516

    Steelers Cap inc. 2013 carryover: $134,352,450

    This does not include Will Allen. Assuming he is a vet minimum signing with no SB (which there probably is a small one) he will displace $420,000 from the top, making the difference apx. $535,000. Also, there are workout bonuses of apx. $500K that will need to be paid out very soon, so that should be added to the team's books soon, too.
     
    TerribleTowelFlying, Mar 6, 2014
    TerribleTowelFlying, Mar 6, 2014
    #2
  3. lersgofor7

    lersgofor7 Well-Known Member

    772
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    Dec 6, 2011
    how are you getting the 129...

    i have us at 134.724

     
    lersgofor7, Mar 6, 2014
    lersgofor7, Mar 6, 2014
    #3
  4. freakfontana

    freakfontana

    5,445
    23
    Oct 19, 2011
    next step ike pay cut or gone
     
    freakfontana, Mar 6, 2014
    freakfontana, Mar 6, 2014
    #4
  5. lersgofor7

    lersgofor7 Well-Known Member

    772
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    Dec 6, 2011

    i dont think they can afford to let him go...im hoping something is done with his contract
     
    lersgofor7, Mar 6, 2014
    lersgofor7, Mar 6, 2014
    #5
  6. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

    23,224
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    Oct 12, 2011
    The 134.7.. number is top 51 plus dead money. All 60 players currently under contract come in around 133.
     
    TerribleTowelFlying, Mar 6, 2014
    TerribleTowelFlying, Mar 6, 2014
    #6
  7. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

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    Oct 12, 2011
    I really think they'll work something out to reduce his cap number this year. Though, he could very well be cut...that's for sure.
     
    TerribleTowelFlying, Mar 6, 2014
    TerribleTowelFlying, Mar 6, 2014
    #7
  8. TarheelFlyer

    TarheelFlyer Well-Known Member

    2,129
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    Oct 25, 2011
    There is a LOT of things we can do yet prior to the March 11 date in order to get under the cap, sign our draft pool AND get some players in free agency to help us.
     
    TarheelFlyer, Mar 6, 2014
    TarheelFlyer, Mar 6, 2014
    #8
  9. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

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    Oct 12, 2011
    Definitely. Renegotiating (or cutting Ike), signing Worilds to a long term deal, extending Ben, and even a couple small restructures (A. Brown/Timmons) if necessary. They could probably realistically clear in the neighborhood of $13-15 Mil without restructuring or cutting anyone.
     
    TerribleTowelFlying, Mar 6, 2014
    TerribleTowelFlying, Mar 6, 2014
    #9
  10. freakfontana

    freakfontana

    5,445
    23
    Oct 19, 2011
    the draft pool will be signed after june
     
    freakfontana, Mar 6, 2014
    freakfontana, Mar 6, 2014
    #10
  11. steelersrule6

    steelersrule6 Well-Known Member

    32,225
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    Nov 14, 2011
    Cut Ike and give Worilds a extension problem solved.
     
    steelersrule6, Mar 6, 2014
    steelersrule6, Mar 6, 2014
    #11
  12. lersgofor7

    lersgofor7 Well-Known Member

    772
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    Dec 6, 2011

    the dead money counts though towards that...correct? or am i wrong? i was under the assumption it did
     
    lersgofor7, Mar 6, 2014
    lersgofor7, Mar 6, 2014
    #12
  13. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

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    Oct 12, 2011
    The top 51 is just that, the sum of the top 51 contracts. The team's dead money total is separate from that number.
     
    TerribleTowelFlying, Mar 6, 2014
    TerribleTowelFlying, Mar 6, 2014
    #13
  14. Hinesistheman

    Hinesistheman Active Member

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    Apr 27, 2012
    Anyone think Woodley will be cut?
     
    Hinesistheman, Mar 6, 2014
    Hinesistheman, Mar 6, 2014
    #14
  15. TarheelFlyer

    TarheelFlyer Well-Known Member

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    Oct 25, 2011
    I think it comes down to what happens in the draft....My gut right now is they prefer to keep him.
     
    TarheelFlyer, Mar 7, 2014
    TarheelFlyer, Mar 7, 2014
    #15
  16. mac daddyo

    mac daddyo Well-Known Member

    29,365
    5,966
    Oct 22, 2011
    I think he stays. we make room and he plays to save face and makes our rotation and sub packages better. he should play his tail off this year, if it's to only show other teams he has some worth left if we do the june 1 cut next season with him. he's also insurance this year to see if JJ will cut it and for injury sake. he will be much easier to designate for a june 1 cut next season. for one colons dead money comes off the books and then Woodley's is much lower over two years by then. I just hope he doesn't stay healthy all year, play well and they keep him next year only to have him fall back into what has been happening and miss the june 1 cut next year. that's a long way away though.

    lersgofer7, that thread on the money I keep bringing back is pretty up to date as these moves happen. they update it pretty quickly thus far. if you use the pull downs at the top for team caps.

    :cool:
     
    mac daddyo, Mar 7, 2014
    mac daddyo, Mar 7, 2014
    #16
  17. lersgofor7

    lersgofor7 Well-Known Member

    772
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    Dec 6, 2011

    correct, but the dead money still counts towards the salary cap...otherwise it would be pointless to count the dead money....


    Edit: nevermind ...it doesnt count during the offseason
     
    lersgofor7, Mar 7, 2014
    lersgofor7, Mar 7, 2014
    #17
  18. TerribleTowelFlying

    TerribleTowelFlying Staff Member Site Admin Mod Team

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    Oct 12, 2011
    Of course dead money counts. It's money that's immediately accelerated. I was just pointing out that the top 51 does not include that separate dead money figure.
     
    TerribleTowelFlying, Mar 7, 2014
    TerribleTowelFlying, Mar 7, 2014
    #18

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