truth on hold Posted January 11, 2013 Share Posted January 11, 2013 (edited) Good summary of jets cap situation from NY Post : ESPN reported yesterday the Jets are $19.4 million over the projected 2013 salary cap, the most in the NFL, and the perception of the situation may be scaring GM candidates away....The Jets can easily maneuver their way under the cap by releasing linebacker Bart Scott, linebacker Calvin Pace, tackle Jason Smith and safety Eric Smith next month. That would save them $30.7 million. You can add another $1.5 million if they release quarterback Tim Tebow, as expected. Those moves would put them $12.8 million under the cap. The problem for the Jets is that leaves them with only 10 players who were starters this year under contract — QB Mark Sanchez, C Nick Mangold, T D’Brickashaw Ferguson, WR Santonio Holmes, WR Stephen Hill, NT Sione Po’uha, DE Muhammad Wilkerson, LB David Harris, CB Antonio Cromartie and CB Darrelle Revis. They will probably tender tackle Austin Howard, who is a restricted free agent, to bring the number to 11. http://m.nypost.com/p/sports/jets/jets_cap_number_scares_off_gms_s53xzVOSy7F60IEiLpHQ6O Edited January 11, 2013 by Joe_the_6_pack Link to comment Share on other sites More sharing options...
NoSaint Posted January 11, 2013 Share Posted January 11, 2013 Good summary of jets cap situation from NY Post : ESPN reported yesterday the Jets are $19.4 million over the projected 2013 salary cap, the most in the NFL, and the perception of the situation may be scaring GM candidates away....The Jets can easily maneuver their way under the cap by releasing linebacker Bart Scott, linebacker Calvin Pace, tackle Jason Smith and safety Eric Smith next month. That would save them $30.7 million. You can add another $1.5 million if they release quarterback Tim Tebow, as expected. Those moves would put them $12.8 million under the cap. The problem for the Jets is that leaves them with only 10 players who were starters this year under contract — QB Mark Sanchez, C Nick Mangold, T D’Brickashaw Ferguson, WR Santonio Holmes, WR Stephen Hill, NT Sione Po’uha, DE Muhammad Wilkerson, LB David Harris, CB Antonio Cromartie and CB Darrelle Revis. They will probably tender tackle Austin Howard, who is a restricted free agent, to bring the number to 11. http://m.nypost.com/p/sports/jets/jets_cap_number_scares_off_gms_s53xzVOSy7F60IEiLpHQ6O And any GM would love to be rid of Sanchez and possibly Holmes if not for very hard to unload contracts Rough times - who here didnt see it coming though? Link to comment Share on other sites More sharing options...
truth on hold Posted January 11, 2013 Author Share Posted January 11, 2013 Right, of the 11 they have/can have contracted, the most expensive Sanchez theyd love to get rid of. Two others Holmes (Lisfranc), Revis (ACL) are big question marks. Link to comment Share on other sites More sharing options...
Jamie Nails Posted January 11, 2013 Share Posted January 11, 2013 Everyone was complaining when the Jets were loading up with high priced free agent after high priced free agent. This is the result--the house of cards is tumbling down and they're going to have to cut half of their starters. The Jets financial mismanagement is a glaring example of how not to create long-term franchise prosperity. Someone, however, will want to play super hero and try to save the day. Link to comment Share on other sites More sharing options...
NoSaint Posted January 12, 2013 Share Posted January 12, 2013 Right, of the 11 they have/can have contracted, the most expensive Sanchez theyd love to get rid of. Two others Holmes (Lisfranc), Revis (ACL) are big question marks. And those last two include a head case that runs his mouth, and a guy liable to hold out any given season. Love it. Link to comment Share on other sites More sharing options...
mitchmurraydowntown Posted January 12, 2013 Share Posted January 12, 2013 They're screwed. Link to comment Share on other sites More sharing options...
BuffaloBill Posted January 12, 2013 Share Posted January 12, 2013 Everyone was complaining when the Jets were loading up with high priced free agent after high priced free agent. This is the result--the house of cards is tumbling down and they're going to have to cut half of their starters. The Jets financial mismanagement is a glaring example of how not to create long-term franchise prosperity. Someone, however, will want to play super hero and try to save the day. It is an interesting case study. I also think they went for broke believing they were on the cusp of being a potential SB winner. Link to comment Share on other sites More sharing options...
hondo in seattle Posted January 12, 2013 Share Posted January 12, 2013 This is why I'm glad the Bills mostly follow the cash-to-cap philosophy. Of course, another negative to the Jets GM job besides the salary cap problem is the status of Rex Ryan. Having an untouchable head-coach limits the GM's power and probability of success. Link to comment Share on other sites More sharing options...
Chump Change Posted January 12, 2013 Share Posted January 12, 2013 Bart Scott, Calvin Pace and David Harris...Which one do you think ends up with the Bills next year? There's no way they sign all three. I'd be glad to see us pick up Scott. Link to comment Share on other sites More sharing options...
Malazan Posted January 12, 2013 Share Posted January 12, 2013 Right, of the 11 they have/can have contracted, the most expensive Sanchez theyd love to get rid of. I love that if they do get rid of him, it actually makes their cap number worse! Link to comment Share on other sites More sharing options...
BisonMan Posted January 12, 2013 Share Posted January 12, 2013 Prospective GM: "You're how much over the cap?" Jets: "Around $20M" Prospective GM: "OK, then I'm going to need a minimum guaranteed 5 year contract." Link to comment Share on other sites More sharing options...
RealityCheck Posted January 12, 2013 Share Posted January 12, 2013 The jets bet on the wrong qb. Link to comment Share on other sites More sharing options...
truth on hold Posted January 12, 2013 Author Share Posted January 12, 2013 Prospective GM: "You're how much over the cap?" Jets: "Around $20M" Prospective GM: "OK, then I'm going to need a minimum guaranteed 5 year contract." +2 more years for having to wait out Rex' contract. Link to comment Share on other sites More sharing options...
NoSaint Posted January 12, 2013 Share Posted January 12, 2013 Bart Scott, Calvin Pace and David Harris...Which one do you think ends up with the Bills next year? There's no way they sign all three. I'd be glad to see us pick up Scott. Scott might be worse than what we have these days Link to comment Share on other sites More sharing options...
KollegeStudnet Posted January 12, 2013 Share Posted January 12, 2013 Oye Vey! Link to comment Share on other sites More sharing options...
Malazan Posted January 12, 2013 Share Posted January 12, 2013 I also like that Jets fans think it's easy to get out of their current cap situation. Link to comment Share on other sites More sharing options...
Big74Mac Posted January 12, 2013 Share Posted January 12, 2013 Bart Scott, Calvin Pace and David Harris...Which one do you think ends up with the Bills next year? There's no way they sign all three. I'd be glad to see us pick up Scott. The only one worth a crap is Harris. He is worth taking a good look at. Link to comment Share on other sites More sharing options...
Buffalo Barbarian Posted January 12, 2013 Share Posted January 12, 2013 Good summary of jets cap situation from NY Post : ESPN reported yesterday the Jets are $19.4 million over the projected 2013 salary cap, the most in the NFL, and the perception of the situation may be scaring GM candidates away....The Jets can easily maneuver their way under the cap by releasing linebacker Bart Scott, linebacker Calvin Pace, tackle Jason Smith and safety Eric Smith next month. That would save them $30.7 million. You can add another $1.5 million if they release quarterback Tim Tebow, as expected. Those moves would put them $12.8 million under the cap. The problem for the Jets is that leaves them with only 10 players who were starters this year under contract — QB Mark Sanchez, C Nick Mangold, T D'Brickashaw Ferguson, WR Santonio Holmes, WR Stephen Hill, NT Sione Po'uha, DE Muhammad Wilkerson, LB David Harris, CB Antonio Cromartie and CB Darrelle Revis. They will probably tender tackle Austin Howard, who is a restricted free agent, to bring the number to 11. http://m.nypost.com/...Sy7F60IEiLpHQ6O looks like Jets will be last in the division now. Link to comment Share on other sites More sharing options...
mob16151 Posted January 12, 2013 Share Posted January 12, 2013 So the Jets cap number scared off teams, but the Panthers number didnt? Link to comment Share on other sites More sharing options...
Webster Guy Posted January 12, 2013 Share Posted January 12, 2013 We have their DC already, now lets get the best player they release. Link to comment Share on other sites More sharing options...
benderbender Posted January 12, 2013 Share Posted January 12, 2013 They're screwed. A sad day when a Bills fan says that about a team. Link to comment Share on other sites More sharing options...
Jason423 Posted January 12, 2013 Share Posted January 12, 2013 Hi everyone. I'm the person who runs the Nyjetscap site that tires to cover the cap for the AFC East teams and I thought I would jump in on this one for a bit. The Jets dont have an easy out with the cap in terms of being ultra active in free agency, unless of course they decide they want players like Holmes on the team even longer, which I think could be a real possibility given the coaches comments about him. That being said the Jets cap has alot of built in flexibility based on the way they structure their contracts. I wrote something in it today under the articles section and am actually writing something else tonight that clarifies it a bit more. Its a bit different than the Bills cap system in which they try to match their overall cash spend close to their overall cap figure. The Bills use a number of different mechanisms to do it (for instance they are one of the few teams that does signing bonus, option bonus, roster bonus at start of league year for the first three years or so of most of their players, most only use one or at most two of those mechanisms) buts its essetially matching cap figures with their budget. The Jets are close to a cash/cap strategy in that the high cash spending mimics the cap hits. For example Holmes cap figure this year is $12.5 million with a cash payout of over $11 million. Its not the route of teams like the Panthers who have Charles Johnson getting paid $7 million with a $13 million cap hit. Because of that the Jets have significant cap flexibility to trade players and carry minimal dead money (assuming they can find a trade partner which I doubt they can for anyone except Cromartie) or to begin to resturcture and spread out cap hits like the Steelers and Giants do every year. Of course that just puts off the next "danger" zone of cap years for another 2 years, but you hope the cap rises more by that point in time. If personally recommend the Jets to do it with Sanchez to defer most of the dead cap to 2014 when its more reasonable to cut him. Sanchez does have an awful contract and there is no sugarcoating that one. I personally dont believe the cap story as a reason why the team is having a long GM search. As mob16151 pointed out above the Panthers got a GM and you cant even compare the two cap situations no matter what figure you hear in the press. The Panthers have players who are unmoveable and have no real avenue to restructure because of the awful job their prior GM did in negotiating those deals. Those are stories floated by people who were not going to get the job. If anything the Jets cap this year would give them an added year of security since they need it to get the books in order. IMO, what scares people off is the fact that Rex has to stay on board as the coach and that the team has an owner that meddles in the football operations. You dont want to float those kind of stories because you never want to completely burn a bridge which makes the cap story more convienient. Just my two cents.... Link to comment Share on other sites More sharing options...
MattM Posted January 12, 2013 Share Posted January 12, 2013 The only one worth a crap is Harris. He is worth taking a good look at. He's also under contract and there's no way they release him.... Link to comment Share on other sites More sharing options...
BRAWNDO Posted January 12, 2013 Share Posted January 12, 2013 We have their DC already, now lets get the best player they release. That's a plan Link to comment Share on other sites More sharing options...
San Jose Bills Fan Posted January 12, 2013 Share Posted January 12, 2013 Hi everyone. I'm the person who runs the Nyjetscap site that tires to cover the cap for the AFC East teams and I thought I would jump in on this one for a bit. The Jets dont have an easy out with the cap in terms of being ultra active in free agency, unless of course they decide they want players like Holmes on the team even longer, which I think could be a real possibility given the coaches comments about him. That being said the Jets cap has alot of built in flexibility based on the way they structure their contracts. I wrote something in it today under the articles section and am actually writing something else tonight that clarifies it a bit more. Its a bit different than the Bills cap system in which they try to match their overall cash spend close to their overall cap figure. The Bills use a number of different mechanisms to do it (for instance they are one of the few teams that does signing bonus, option bonus, roster bonus at start of league year for the first three years or so of most of their players, most only use one or at most two of those mechanisms) buts its essetially matching cap figures with their budget. The Jets are close to a cash/cap strategy in that the high cash spending mimics the cap hits. For example Holmes cap figure this year is $12.5 million with a cash payout of over $11 million. Its not the route of teams like the Panthers who have Charles Johnson getting paid $7 million with a $13 million cap hit. Because of that the Jets have significant cap flexibility to trade players and carry minimal dead money (assuming they can find a trade partner which I doubt they can for anyone except Cromartie) or to begin to resturcture and spread out cap hits like the Steelers and Giants do every year. Of course that just puts off the next "danger" zone of cap years for another 2 years, but you hope the cap rises more by that point in time. If personally recommend the Jets to do it with Sanchez to defer most of the dead cap to 2014 when its more reasonable to cut him. Sanchez does have an awful contract and there is no sugarcoating that one. I personally dont believe the cap story as a reason why the team is having a long GM search. As mob16151 pointed out above the Panthers got a GM and you cant even compare the two cap situations no matter what figure you hear in the press. The Panthers have players who are unmoveable and have no real avenue to restructure because of the awful job their prior GM did in negotiating those deals. Those are stories floated by people who were not going to get the job. If anything the Jets cap this year would give them an added year of security since they need it to get the books in order. IMO, what scares people off is the fact that Rex has to stay on board as the coach and that the team has an owner that meddles in the football operations. You dont want to float those kind of stories because you never want to completely burn a bridge which makes the cap story more convienient. Just my two cents.... Jason. Great work on your site. I can say unequivocally that you're the best thing I can think of when the New York Jets are brought up. Keep up the awesome work and thanks for stopping by to give us an insiders look at the Jets cap situation. While I still hate the Jets, I'm reminded that they have some great fans, just like any NFL team. Cheers Link to comment Share on other sites More sharing options...
Jason423 Posted January 12, 2013 Share Posted January 12, 2013 Jason. Great work on your site. I can say unequivocally that you're the best thing I can think of when the New York Jets are brought up. Keep up the awesome work and thanks for stopping by to give us an insiders look at the Jets cap situation. While I still hate the Jets, I'm reminded that they have some great fans, just like any NFL team. Cheers Thanks. Link to comment Share on other sites More sharing options...
boyst Posted January 12, 2013 Share Posted January 12, 2013 (edited) Hi everyone. I'm the person who runs the Nyjetscap site that tires to cover the cap for the AFC East teams and I thought I would jump in on this one for a bit. The Jets dont have an easy out with the cap in terms of being ultra active in free agency, unless of course they decide they want players like Holmes on the team even longer, which I think could be a real possibility given the coaches comments about him. That being said the Jets cap has alot of built in flexibility based on the way they structure their contracts. I wrote something in it today under the articles section and am actually writing something else tonight that clarifies it a bit more. Its a bit different than the Bills cap system in which they try to match their overall cash spend close to their overall cap figure. The Bills use a number of different mechanisms to do it (for instance they are one of the few teams that does signing bonus, option bonus, roster bonus at start of league year for the first three years or so of most of their players, most only use one or at most two of those mechanisms) buts its essetially matching cap figures with their budget. The Jets are close to a cash/cap strategy in that the high cash spending mimics the cap hits. For example Holmes cap figure this year is $12.5 million with a cash payout of over $11 million. Its not the route of teams like the Panthers who have Charles Johnson getting paid $7 million with a $13 million cap hit. Because of that the Jets have significant cap flexibility to trade players and carry minimal dead money (assuming they can find a trade partner which I doubt they can for anyone except Cromartie) or to begin to resturcture and spread out cap hits like the Steelers and Giants do every year. Of course that just puts off the next "danger" zone of cap years for another 2 years, but you hope the cap rises more by that point in time. If personally recommend the Jets to do it with Sanchez to defer most of the dead cap to 2014 when its more reasonable to cut him. Sanchez does have an awful contract and there is no sugarcoating that one. I personally dont believe the cap story as a reason why the team is having a long GM search. As mob16151 pointed out above the Panthers got a GM and you cant even compare the two cap situations no matter what figure you hear in the press. The Panthers have players who are unmoveable and have no real avenue to restructure because of the awful job their prior GM did in negotiating those deals. Those are stories floated by people who were not going to get the job. If anything the Jets cap this year would give them an added year of security since they need it to get the books in order. IMO, what scares people off is the fact that Rex has to stay on board as the coach and that the team has an owner that meddles in the football operations. You dont want to float those kind of stories because you never want to completely burn a bridge which makes the cap story more convienient. Just my two cents.... glad ya joined buddy! (actually, looked like you had joined a while back, so glad you came back!) Edited January 12, 2013 by jboyst62 Link to comment Share on other sites More sharing options...
FitzShowUsYourTitz Posted January 12, 2013 Share Posted January 12, 2013 (edited) This is why I'm glad the Bills mostly follow the cash-to-cap philosophy. Of course, another negative to the Jets GM job besides the salary cap problem is the status of Rex Ryan. Having an untouchable head-coach limits the GM's power and probability of success. OH God Seriously. What fan would ever say...I'm glad my team follows a cash to the cap philosophy? That BS has won how many Championships?? Which teams? That type of thinking is propaganda spewed by teams (Bills) trying to make money and not win. What SuperBowl Winning teams are applying the Cash to the Cap "philosophy"? What team has used that philosophy to end up 13 years with no playofffs?? Winner winner Chicken dinner. Edited January 12, 2013 by Cville Bills Link to comment Share on other sites More sharing options...
San Jose Bills Fan Posted January 12, 2013 Share Posted January 12, 2013 No cash to the cap team has ever won a Super Bowl? I didn't know that. Link to comment Share on other sites More sharing options...
FitzShowUsYourTitz Posted January 12, 2013 Share Posted January 12, 2013 (edited) No cash to the cap team has ever won a Super Bowl? I didn't know that. I'm sorry. The list includes the following..... Please add.... Edited January 12, 2013 by Cville Bills Link to comment Share on other sites More sharing options...
Malazan Posted January 12, 2013 Share Posted January 12, 2013 I'm sorry. The list includes the following..... Please add.... Tampa Bay Arizona Link to comment Share on other sites More sharing options...
John from Riverside Posted January 12, 2013 Share Posted January 12, 2013 Bottom line The jets have enjoyed recent success..... We havent.....in over a DECADE........ They spent money to do that and now they are paying for it....but at least the jets were relevent recentlly Link to comment Share on other sites More sharing options...
Nanker Posted January 12, 2013 Share Posted January 12, 2013 Jason. Great work on your site. I can say unequivocally that you're the best thing I can think of when the New York Jets are brought up. Keep up the awesome work and thanks for stopping by to give us an insiders look at the Jets cap situation. While I still hate the Jets, I'm reminded that they have some great fans, just like any NFL team. Cheers +1 Nice read about some of the complexities from a business point of view of assembling a competitive NFL team. It's so much easier in Madden. Link to comment Share on other sites More sharing options...
ALF Posted January 12, 2013 Share Posted January 12, 2013 The Jets are such a train wreck that if we don't finish ahead of them next season, "forget about it" . I also doubt the Cowboys will be better next season. Link to comment Share on other sites More sharing options...
JM57 Posted January 12, 2013 Share Posted January 12, 2013 Slightly off topic but IMO the Jets biggest recent problem (and something that helped lead to the cap issue) is drafting. Look at their top picks, like first and second rounders, for the last few years. Aside from Revis, how many of them have turned out to players worth their draft status? Link to comment Share on other sites More sharing options...
3rdnlng Posted January 12, 2013 Share Posted January 12, 2013 http://espn.go.com/blog/boston/new-england-patriots/post/_/id/4738179/clayton-pats-will-plenty-of-13-cap-space "In his weekly mailbag on ESPN.com, NFL senior writer John Clayton had a list of every NFL's salary cap space for 2013. The list included the carryover for each team from 2012 to 2013. According to Clayton, the Patriots will carry over $5.6 million and currently have $18.6 million in cap space. This sets the Patriots up nicely. Only seven teams currently have more space. When I see those numbers, the first thought that comes to mind is that the Patriots are well-managed. Even with quarterback Tom Brady accounting for a $22 million salary-cap charge, there is room to maneuver. Another way to look at it is that if the Patriots can't reach a multi-year agreement with receiver Wes Welker, and ultimately assign him a franchise tag at $11.4 million, the numbers become a bit tighter. The final point is that salary cap space is fluid and can always change with roster transactions. But the way the Patriots have operated under Bill Belichick is that they have attempted to avoid situations where they have to release players to clear salary cap space, and their financial discipline has served them well." Link to comment Share on other sites More sharing options...
sweatpantsjoe Posted January 12, 2013 Share Posted January 12, 2013 The Jets cap number scares off potential GMs from making a 7 figure salary and the chance to live in New York City? Yeah.......sure. Link to comment Share on other sites More sharing options...
truth on hold Posted January 12, 2013 Author Share Posted January 12, 2013 The Jets cap number scares off potential GMs from making a 7 figure salary and the chance to live in New York City? Yeah.......sure. You're acting like anyone they'd want doesnt have options. Which means they also have a reputation they want to protect and not hop aboard a sinking ship and share in the blame for a declining situation with limited options. Link to comment Share on other sites More sharing options...
Captain Hindsight Posted January 12, 2013 Share Posted January 12, 2013 The Jets cap number scares off potential GMs from making a 7 figure salary and the chance to live in New York City? Yeah.......sure. Ya because these guys have no where else to go and only really one have one shot to make it work Link to comment Share on other sites More sharing options...
Punch Posted January 12, 2013 Share Posted January 12, 2013 What SuperBowl Winning teams are applying the Cash to the Cap "philosophy"? I was under the impression that most teams actually use a cash-to-cap philosophy? Marv was criticized for it because it was not then a common known phrase and it made the Bills appear cheap. Link to comment Share on other sites More sharing options...
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