Sorry, you're right, its 4 years. Either way the Bears number last season was 67%...so they're gonna have to do some spending to get that average up to 89%.
2024 (I think) is year 4. If the Bears were at 90% in 2021, he’s going to have to spend nearly the whole wad in 2023. I may be missing something.
It's the 4 year average. I'm not sure how dead cap and what not impacts the number either.
From overthecap (which has a copy of the CBA online)
NFL Collective Bargaining Agreement
Article 12 Revenue Accounting and Calculation of the Salary Cap
Section 9 Minimum Team Cash Spending
(a)
For the four-League Year period covering the 2017–2020 League Years, there shall be a guaranteed Minimum Team Cash Spending of 89% of the Salary Caps for such period.
(b)
For each of the following multi-League-Year periods 2021–2023 (three League Years), 2024–2026 (three League Years), and 2027–2030 (four League Years), there shall be a guaranteed Minimum Team Cash Spending of 90% of the Salary Caps for such periods.
(c)
Any shortfall in the Minimum Team Cash Spending at the end of a League Year in which it is applicable (i.e., the 2020, 2023, 2026, or 2030 League Years) shall be paid, on or before the next September 15, by the Team having such shortfall, directly to the players who were on such a Team’s roster at any time during the applicable seasons, pursuant to the reasonable allocation instructions of the NFLPA.
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ALL THAT FOLLOWS IS WRONG. SEE MY NEXT POST FOLLOWING THIS ONE FOR WHAT I HOPE IS THE CORRECTION.
So If i got this right: 2023 cap $225mil (I assume this is a projection by overthecap) 2022 cap $208mil 2021 cap $182mil comes to $615mil for the three year period
That number divided by 3 and then multiplied .9 gives us a 90% number of $184.5mil that is the floor for 2023.
EDIT: If I'm reading the site right, Bears are at $135,745,928. So (again if I'm right) they "only" have to spend $49mil to hit the floor.
Now I'm reading that its not an average (like I figured it) but rather the Sum of the salary cap over the 3 years. This is compared to what the team spent during those 3 years. Can't find anything about dead cap space. So I assume that has to be included. if that is true, then:
$615mil: total cap from 2021-2023 (with 2023 being a projection)
$522mil: Bears spending from 2021-2023 (2023 only includes players currently on the roster)
615-522 = ~$86mil to hit the floor. This is the minimum Poles/Bears can spend this off season. I don't know how the roll-over rules apply and I have a chicken to butterfly, rub in magic Korean BBQ rub and grill. So I'm done for the moment on research,
Now I'm reading that its not an average (like I figured it) but rather the Sum of the salary cap over the 3 years. This is compared to what the team spent during those 3 years. Can't find anything about dead cap space. So I assume that has to be included. if that is true, then:
$615mil: total cap from 2021-2023 (with 2023 being a projection)
$522mil: Bears spending from 2021-2023 (2023 only includes players currently on the roster)
615-522 = ~$86mil to hit the floor. This is the minimum Poles/Bears can spend this off season. I don't know how the roll-over rules apply and I have a chicken to butterfly, rub in magic Korean BBQ rub and grill. So I'm done for the moment on research,
Ok, so I was right...it's 3 years. I don't think roll over impacts it because thats just money they didn't spend the year before. Eventually it has to be spent.
Now I'm reading that its not an average (like I figured it) but rather the Sum of the salary cap over the 3 years. This is compared to what the team spent during those 3 years. Can't find anything about dead cap space. So I assume that has to be included. if that is true, then:
$615mil: total cap from 2021-2023 (with 2023 being a projection)
$522mil: Bears spending from 2021-2023 (2023 only includes players currently on the roster)
615-522 = ~$86mil to hit the floor. This is the minimum Poles/Bears can spend this off season. I don't know how the roll-over rules apply and I have a chicken to butterfly, rub in magic Korean BBQ rub and grill. So I'm done for the moment on research,
Well, that's about perfect IMO. Bears have about $110m in space right now and will probably free up another 10 when they release Whitehair and/or Patrick and/or Reiff. Call it 120 for round numbers.
I think spending about 90-100 or so of that is perfect. You can re-sign those you want to keep and still add a bunch of new FAs, leaving 20-30 as a "rainy day fund" to carryover to 2024. That's when you hope to be paying Fields if he breaks out in year 3. If he doesn't, you still have the 5th year option and extra cap for FAs to buy more time.
According to otc, Bears sit at 92m before cuts according to Leming (on twitter.)
The heck of it is that I keep seeing different numbers on this. But all of the numbers are "big numbers" so I just figure Poles will have a lot of cash to work with. I would like to see him lock up some of our better players to extensions when they are ready for that.
According to otc, Bears sit at 92m before cuts according to Leming (on twitter.)
The heck of it is that I keep seeing different numbers on this. But all of the numbers are "big numbers" so I just figure Poles will have a lot of cash to work with. I would like to see him lock up some of our better players to extensions when they are ready for that.
I think the reason for the numbers being different is how you think about and handle the futures contracts. i read somewhere that all signed players count against the cap, all 90 of them (or is it 93 can't remember). A good number of those guys will be among the first cuts when FA starts. There will be cuts for cap reasons that move the number up or down as well. There are also draft picks that will need to be signed.
Its all fake magic money anyway. Most of the teams currently in the red will be green in a few weeks with extensions, retirements and cuts.