BarleyNY

http://overthecap.com/bills-2016-offseason-preview/#more-11579 Thanks for posting. I've been waiting and watching for this article. Everyone posting about the Bills' cap or cap moves should read it. It sums up the situation very well. It is very much in line with my opinion, But they hit upon some things that hadn't considered. And they make good cases. One is why the Bills might be forced to try to extend Taylor now instead of waiting. It is simply that it will be so difficult to afford him after this season if he performs well so they might feel forced to take the chance now.

Exactly. To do list in no particular order: - Mario is released. If you aren't going to let him do what he does best (and it is a freaking travesty that Rex won't) then you can't pay him close to what he's making now. He will make much more elsewhere. - Gilmore gets his new deal. He's earned a good one. He can get a huge hunk of cash up front and the Bills can save some cap space this season. - Incognito gets re-signed - Glenn either gets re-signed or tagged. If tagged, then try to sign him to a long term deal before the deadline. - Restructure some contracts or release some players. McKelvin, Graham, etc. - Draft and FA priorities are outside WR, OL, LB/DE. - Additional acquisitions should include QB (vet and prospect), slot WR, FB, LB, OL, S, PK. (No particular order there.)

Cutting him would mean $13M in dead money and cost the Eagles $5M additional cap space. But a trade would only net $4M in dead money and the Eagles would gain $4M in cap space. The difference is due to $9M in guaranteed future salary for which the new team would assume responsibility. http://overthecap.com/player/demarco-murray/621

No they were not. It was an example that shows that Clay's total cap hits are equal regardless of whether or not his deal was restructured. The restructure just delays $7.5M of the cap hit to future years where it would add to dead money IF he is cut. Okay. No worries. Wow, that was a long one. I'm sorry for snapping.

You don't understand the example because you don't understand how the cap works. You don't know the difference between a cap hit and dead money. If you did, the example would make sense.

They are exactly the same as Spotrac's numbers. But you don't understand that because you don't have the first clue how the NFL cap works or what the teminology means. And you have no desire (ability?) to learn, so it's not worth my time to try to educate you. Have a nice time spewing idiotic garbage.

Do you even know what dead money is?

I wrote about the "cap hits" not "dead money" because that shows the allocation of cap dollars. And in my example I noted that the dead money if he was cut prior to 2018 would be $9M which is exactly what Spotrac shows. Seriously, learn how the cap works.

These statements show a total lack of understanding of cap fundamentals.

Yes, those would each be the dead cap if Clay was released in the corresponding year. The previous article was not clear about what those numbers were. Clays dead money would be: $18M if cut before the 2016 season or $13.5M if cut after the 2016 season and before the 2017 season or $9M if cut after the 2017 season and before the 2018 season or $4.5M if cut after the 2018 season and before the 2019 season. Some of the articles make it sound like the dead money is cumulative. The restructure doesn't make his contract any riskier. The Bills are just delaying $7.5M in cap hits instead of taking the $7.5M additional cap hit this season. Once the money is paid (or guaranteed) the risk is assumed.

Honestly, the "complete disregard to proper cap management" occurred when the original contract was given to Clay. The restructure takes a terrible contract and makes it slightly less terrible from a cap management standpoint. Also you have to consider the whole downstream picture of the cap. The Bills gain $7.5M in immediate cap space and that is now distributed over three years, 2017-2019, in $2.5M increments. That cap space can be used or carried forward. It'll probably get used because it is needed now, but it could be carried forward if the team chose to do that. That would cancel out the additional dead money. The tactic of the restructure is a good move. The player the Bills chose to give that kind of a contract to is the problem. http://overthecap.com/tag/buffalo-bills Here is a good article from OTC at the time of the Clay signing. On the new deal if Clay was released after 2017 the Bills would take a hit of $4.5M ($9M dead money - $4.5M 2018 salary). If they cut him after 2018 it would net to $0 ($4.5M-$4.5M). So expect him to be on the team through at least 2018 unless something major happens.

Here is the current structure: http://overthecap.com/player/charles-clay/675 The $10M guaranteed roster bonus is being converted to a signing bonus. His previous cap hits from 2015-2019 were: $5M, $13.5M, $6.5M, $6.5M, 6.5M (total $38M) His new hits will be: $5M, $6M, $9M, $9M, $9M (total $38M) That assumes he plays out his deal. If he is released or traded prior to the end of the deal, then the dead money would be the total of whatever guaranteed earnings and future prorated roster bonuses were left. For instance, if he was cut between the 2017 and 2018 seasons: Previous structure cap hits: 2015 $5M, 2016 $13.5M, 2017 $6.5M, 2018 dead money $4M (total $29M) New structure cap hits: 2015 $5M, 2016 $6M, 2017 $9M, 2018 dead money $9M (total $29M) The potential dead money hit in a future year would suck, but it would be better to taking a big portion of that hit this year.

That article is misleading regarding dead money. Those aren't cumulative numbers. Clay's total compensation doesn't change with the restructure. Neither does his guaranteed money. The dead money is greater in later years only because the $10M guaranteed roster bonus that would all hit this year is being converted to a signing bonus and spread out over 4 years. In short, a future dead money cap hit would be larger because we aren't taking the hit this year.

No, it doesn't. And those numbers are wrong. The way the contract was previously structured Clay got a guaranteed roster bonus of $10M in March. The restructure converts that to a $10M signing bonus that will be spread out over 4 years. That's it. The dead money goes up in future years because they aren't taking the whole hit this year - but it doesn't go up to the numbers you state.

That makes no sense. The dead money if Clay is released (or traded) would be a cap hit THIS YEAR without the restructure. Oh, and it was guaranteed so the Bills would have to take the hit anyway. The only choice is whether to take it now or spread it out equally over 2016-2019. It was a stupid contract, yes. But the restructure only delays some of the cap hit, it doesn't create any new dead money. Oh, and as I said before - the future hits are a smaller percentage of the overall cap, by 8% per year (on average).

Gotta disagree with OTC here. It is a bad contract, but kicking some of the cap charges down the road only helps. Not only do the Bills need the space now, but the cap is going up an average of 8% a year. That means there is an 8% per year discount per year on every cap dollar moved into future years. Why not do that?

It's a terrible contract. The structure made a lot of sense technically, but it is stupid from an overpayment perspective.

Nothing funny about it. The deal was set up to be restructured. Whether or not the $10M cash payment is a roster or signing bonus is meaningless to Clay, but how it is allocated for a cap perspective is very different. It was nearly impossible for Miami to match that contract.

I don't like that one bit. It makes the most sense for them to wait and see if he improves this season. TT seemed fine with that, so why rock the boat? I don't like that this could become a distraction.

Two other players took their spots on the team, even if you want to argue that those players were at different positions. Incidentally, EJ does have a guaranteed salary but it also has offsets. If he is cut and signed by another team for the 2016 season, then his pay in 2016 will be deducted from what the Bills owe him.

Not really. Those releases did reduce the Bills cap by $4.5M, but they had to be replaced. Pick your replacements, but their releases saved more like $2.5M-$3.5M depending upon which players were on the roster in place of them. Keep this in mind with the release of Mario. That'll reduce the Bills cap number by $12.9M, but another player will automatically roll up into the Top 51 and their $525K salary will reduce that gain to $12.4M. Of course, if a player like Incognito is re-signed his immediate cap hit will be reduced by $525k as that aforementioned player player rolls back off.

Correct. Adjusted cap space is just the league base cap space plus carryover (and, rarely, plus or minus any other team specific modification such as the cap penalties Washington and Dallas got a few years back).

Yup. Need to clear some space for RFA and ERFA contracts, too. Those qualifying offers need to be submitted by 3/9. Hers a list of all Bills FAs: http://www.spotrac.com/nfl/free-agents/buffalo-bills/

Pretty decent breakdown, except it is incorrect about the June 1st designation. For cap purposes the contract is carried by the team as if the player is still on the roster until June 1st. They don't get immediate cap relief as the article states. No bonuses can be earned and there is no risk of the player being injured in team activities which would restrict the team from releasing the player.

Andy Dalton is ranked 6th on that list. Just let that sink in.