NYJetsFan.com Forums: A Look At The Jets Salary Cap Problems - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

2014 NYJetsFan Fantasy League sign up: http://nyjetsfan.com...showtopic=38425
Mr_Jet Icon : (18 August 2014 - 08:18 PM) Regardless of our SB chances this year or next year. If Idzik keeps acting like a cheapskate and continues to let quality players go, we won't have to worry about winning much of anything this decade.
azjetfan Icon : (18 August 2014 - 09:36 PM) He wants to build through the draft. Not blow the bank on FA. I get what your saying but there is a balance and right now we are not one or two pieces away.
Mr_Jet Icon : (18 August 2014 - 11:00 PM) It's not about being one or two pieces away. It's about keeping the good pieces you have and building upon that.
Mr_Jet Icon : (18 August 2014 - 11:04 PM) But there is no sense in trying to build through the draft if he's only going to end up letting the good players he picks up go in FA after a few years. All because he wants to do things on the cheap.
Jetsfan0099 Icon : (19 August 2014 - 07:02 AM) FIRE IDZIK
azjetfan Icon : (19 August 2014 - 08:33 AM) out side of Revis who left we should have kept?
azjetfan Icon : (19 August 2014 - 08:34 AM) The Revis deal sucks but $16 million was too much for a CB and once he was gone he was not coming back.
Mr_Jet Icon : (19 August 2014 - 11:00 AM) Matt Slauson
azjetfan Icon : (19 August 2014 - 01:00 PM) Eh. I think with our current cap situation we will be able to retain guys like Wilkerson and whomever we want to keep. We are in a good position right now.
Mr_Jet Icon : (19 August 2014 - 01:49 PM) Time will tell.
Jetsfan115 Icon : (19 August 2014 - 02:00 PM) landed revis abck. got DRC, nope we take patterson who got owned and always hurt. milner always hurt. 3rd round CB done for season. were gonna get passed on all day
azjetfan Icon : (19 August 2014 - 02:44 PM) Yea the DRC bit makes me iffy
Jetsfan115 Icon : (19 August 2014 - 03:35 PM) better then patterson
azjetfan Icon : (19 August 2014 - 05:45 PM) No I mean the fact that he whiffed on him.
azjetfan Icon : (19 August 2014 - 05:46 PM) I'm not saying Idzik is perfect. I just like the direction we are heading. It's going to take some patience.
RetireChrebet Icon : (19 August 2014 - 06:27 PM) I like how our lack of secondary is the hot topic right now. The bigger issue is we still will not be able to throw the ball. We are not going to do much of anything regardless until we get a QB. Sorry for being so negative just my honest opinion.
RetireChrebet Icon : (19 August 2014 - 06:29 PM) With that said I think our running game with CJ and Powell will be top 10 or somewhere around there
Jetsfan115 Icon : (19 August 2014 - 06:35 PM) i have faith that if geno messes up that vick can come in and do well. but i have 0 faith in our secondary right now which has been our strong point for the past 4 years or so
MikeGangGree... Icon : (19 August 2014 - 07:35 PM) I agree 115. but the one thing is Rex has done some good things in the past with shitty DBs and still had a solid D going back to his years in BAL
MikeGangGree... Icon : (19 August 2014 - 07:37 PM) Corey Ivy CB
36 Jim Leonhard SS/PR
43 Haruki Nakamura FS
25 Evan Oglesby CB
20 Ed Reed FS
22 Samari Rolle CB
39 Daren Stone FS
41 Frank Walker CB
31 Fabian Washington in 2008
MikeGangGree... Icon : (19 August 2014 - 07:39 PM) Reed is a HOF but Rolle was way past his prime
MikeGangGree... Icon : (19 August 2014 - 07:41 PM) SNOOPY BOWL FRIDAY!!!
MikeGangGree... Icon : (19 August 2014 - 07:41 PM) WOOOOOOOOOOOOO
azjetfan Icon : (19 August 2014 - 08:26 PM) I assume we will pick up a guy after the cuts happen.
Jetsfan0099 Icon : (19 August 2014 - 10:14 PM) we'll see but I think we see better QB play than we have in a while.
518-JeTS-FaN Icon : (20 August 2014 - 08:54 AM) disgusted with my local programming, instead of jets and giants they are airing the raiders vs packers..wtf
HarlemHxC814 Icon : (20 August 2014 - 09:23 AM) Glad I don't live up there anymore haha
ganggreen2003 Icon : (20 August 2014 - 06:59 PM) The JETS are #6 in the Forbes List for most franchise value
ganggreen2003 Icon : (20 August 2014 - 06:59 PM) The Buffalo Jills are #31 and the Miami Dolphags are #16 respectively
ganggreen2003 Icon : (20 August 2014 - 07:00 PM) The JETS are worth $1.8 billion
jet-man Icon : (20 August 2014 - 10:03 PM) that's less than the clippers
HarlemHxC814 Icon : (21 August 2014 - 01:07 PM) I'm very excited with the amount of preseason touchdowns the Jets have
Jetsfan0099 Icon : (21 August 2014 - 03:21 PM) FIRE IDZIK
Jetsfan0099 Icon : (21 August 2014 - 07:22 PM) Calvin Pryor and Darrin Walls will start tomorrow
ganggreen2003 Icon : (21 August 2014 - 08:52 PM) The SIMPSONS MARATHON has been on for almost 12 hours...
Jetsfan0099 Icon : (21 August 2014 - 08:57 PM) Sanchez looks so much more confident and better in Chip's offense than he did with us
ganggreen2003 Icon : (21 August 2014 - 09:50 PM) EVERY SIMPSONS EVER!!!!!
2JBallar01 Icon : (Yesterday, 07:10 AM) Sanchez is looking good for the eagles. Crazy how a good offense and the right system can make you look so much better. When you're put into a situatuon to succeed, magic happens. Happy for Sanchez, i think he needed a change just as much as the Jets did.
HarlemHxC814 Icon : (Yesterday, 08:02 AM) Preseason doesn't matter at all
Jetsfan115 Icon : (Yesterday, 11:10 AM) anyone have a stream for the preseaosn agme by chance?
ROBJETS Icon : (Yesterday, 09:06 PM) Don't read to much into Mark in the preseason. He usually looked good in the preseason even in a Jets uniform.. Big difference from regular season where the 1st string defense is playing 100%.
ROBJETS Icon : (Yesterday, 09:09 PM) A lot of 1st stringers are just getting reps in and trying not to get injured. Its only the backups trying to keep or get a job playing hard every down. If preseason qb play meant anything then Matt Simms would be the starting qb of the Jets.
MikeGangGree... Icon : (Today, 12:00 AM) In Geno we trust
Jetsfan0099 Icon : (Today, 07:23 AM) preseason or not, our offense hasn't looked competent in a while like it does this year. our rushing attack should be very good. Chris Johnson and Chris Ivory could be a dynamic duo
santana Icon : (Today, 10:14 AM) http://youtu.be/2X0H709cJkA
Resize Shouts Area

Page 1 of 1

A Look At The Jets Salary Cap Problems

#1 User is offline   Chaos Icon

  • D Coordinator
  • Icon
  • Group: Assistant Admin
  • Posts: 2,998
  • Joined: 30-March 05
  • Gender:Male

Posted 27 November 2012 - 11:19 PM

http://nyjetscap.com...approblems.html

Quote

A Look at the Jets Salary Cap Problems

Normally I would wait until next year to do one of these posts, but with the Jets 2012 season looking to be all but over and the focus turning completely towards 2013 and the minefield that awaits its time to look at how the Jets got here and what can they do to escape it.

What Went Wrong

Iíve always been impressed with the Jets front office and their handling of contracts. They have taken tough stances on players ranging from Chad Pennington to Justin McCareins to Darrelle Revis in order to benefit the team. Every time the Jets were accused of being in ďcap hellĒ, most infamously in 2009, it never happened. The Jets have always found ways to spend money and ways to improve the team. This has a different feel though.

Really what went wrong goes back to 2010, the uncapped season. While people often look at the contract structure of a player as a method to get maximum effort from the player for fear of a cut it also provides a financial constraint for a team. The Jets had their share of dead weight in 2010 that was going to be released in both 2010 and 2011. The budget was managed under the old cap structure which at that point was rising at about $6 million a year. With the lockout about to hit the Jets removed their financial constraints dumping a number of high priced players- Alan Faneca, Kerry Rhodes, Kris Jenkins, Damien Woody, and Vernon Gholston- with no ramifications. Has 2010 been a capped season the Jets would have faced a charge of about $10.2 million for the Faneca and Rhodes cuts and then a $8.62 million charge for the other 3 in 2011.

Without those charges on the books the Jets decided to make more plays in free agency to spend what would have been a reset to account for the decreased cap room of the new CBA. What happened after that was the Jets making a significant miscalculation of their own personnel evaluation. The Jets clearly thought that the window was still open for this team in 2011 and they were prepared to go all in on it. Rather than dealing with the financial constraints that would have been naturally imposed on the team they spent like crazy to keep the team intact, loading the roster with high priced talent in the form of David Harris, Santonio Holmes, Antonio Cromartie, and Plaxico Burress. They had also chased Nnamdi Asomugha who luckily for the team chose the Eagles- Asomugha would have cost $4 million or so more a year than Cromartie and he isnít half the player Cromartie is.

What the Jets did was make the decision that it worthwhile to defer the cap charges for these players to later years, artificially keeping the cap hits low in 2011 so they could maintain as much of the 2010 roster as possible. Had they taken a different path it might have meant lessor players on the team in 2011 but more flexibility in the future.

The Jets further compounded the situation by getting certain veterans to take pay cuts in lieu of guaranteed salary in the future. This was a strategy that worked well for the Jets in the past. Often when contract disputes arose the Jets would offer guarantees in return for some concessions. None worked out better than the deal for Laveranues Coles where Coles saw an opportunity to make more money as a free agent and be willing to void his guaranteed contract with the Jets to take a chance in free agency. This time around the Jets didnít get so lucky with Bart Scott having no chance of getting deals outside of the Jets organization and the Jets being stuck with a player who played all of 11 snaps in their last game.

The CBA also played a role in all of this. Those dramatic increases in cap room were replaced by no cap movement in 2012 and a projection of a similar non-move in 2013. For a team like the Jets who were likely banking on an increase of a few million itís a crippling blow. With the expected increases in cap room internally the Jets would have likely planned on having an extra $9 million in cap room just from cap growth in 2013.

The Worst Move

If Mike Tannenbaum is to be fired it is going to be because he made the incredibly shortsighted decision to extend Mark Sanchez and guarantee his 2012 and 2013 salaries in return for cap relief. It was a move that did not need to be made since the Jets held so much contractual power over Sanchez. Iíve said over and over that his original rookie contract was a real winner for the Jets because of the frontended nature of it. The Jets threw that all away by guaranteeing those last two years. To make matters worse there is no offset in the contract meaning if they cut him and someone picks him up Sanchez earns a salary from both the Jets and his new team. I still cant wrap my head around the move.

No Luck for the Jets

While the bottom line in the league is always results and when moves fail the GM is going to take a hit the Jets have been hit with an incredible string of unlucky moves. Though the Jets did defer the cap charges for so many players the deals were all constructed in ways to give the team possible outs in the future similar to how they got out of the Coles deal a few years back. Who would have ever thought that Holmes, Harris, Sanchez, Scott, Pace, and Pouha all would have been so bad? The only move that worked out was Cromartie. Just by dumb luck someone else should have worked out. Holmes getting hurt was a nightmare. At the least the Jets needed a good statistical year from him to open up the trade talks. Now its going to be difficult to do.

Where from Here

The easy ones are what are the no-brainer cuts: Bart Scott, Calvin Pace, Jason Smith, Eric Smith, and Sione Pouha. Those 5 moves should save the team $34,543,332 in cap dollars. With a cap of about $122 million that will give the Jets about $14.5 million in cap room to work with. They will end up carrying over an extra $4 million or so this year so very quickly cap hell turns into $18 million in cap room.

Sounds great right? The problem is that the roster is so top heavy that even with all that money its still a barebones roster. That would be a roster of only 35 players. The roster would now be without 2/5 of their starting 2012 offensive line, starting tight end, starting defensive end, starting nose tackle, 2 starting linebackers, and 2 starting safeties. Now itís a bad team so maybe those actual player losses are not terrible but it means you need to find starters. With $5 million earmarked for the draft, of which you hope to get 4 guys who stick you are looking at $13 million to spend for 14 roster spots. And that is just to fill the 53 man. Most of the guys on the current projected 53 man are guys who are minimum salary players that have yet to play a meaningful offensive or defensive snap in the NFL. Not to mention that have Darrelle Revisí contract hanging over their heads and a need to extend him before the end of 2013 if the Jets intend to keep him in 2014 and beyond.

The big decision for the Jets is whether or not they want to try for the bandaid patch fix or just decide to blow things up. Clearly that isnít enough money to do anything in free agency that will help the team. Regardless of the choice the Jets will be actively shopping players. I have to imagine the Jets will dangle Harris, Holmes, Cromartie, and Sanchez out there hoping someone bites. They will be willing to split the costs to do it as it would save the Jets cap and cash by doing those moves. I would think each is a longshot since Harris and Sanchez have performance issues, Cromartie has a mouth teams will shy away from, and Holmes has both set of problems.

Scenario A: Keep On Trucking

If the Jets are willing to defer the cap problems to the future they can do it. Moves might include:

Convert Santonio Holmesí guaranteed money to a bonus creating $4.75 million in cap room in 2013. The negative is they will face $2.5 million more in cap charges in 2014 and almost guarantee a roster spot for him in 2014.

Extend David Harris by two voidable years and convert guarantee to bonus. This creates $7.125 million of cap room. Of course that is going to mean higher charges in 2014 and a dead hit in 2015 when the deal voids of $4.75 million- Long term pain for a short term gain.

Convert $2.3 million Antonio Cromartie roster bonus into prorated bonus to save $1.15 in 2013. I wouldnít go deeper in on Cromartie than that because of the style he plays, but you could create more if necessary.

Convert Nick Mangoldís $3 million roster bonus to prorated bonus- This saves the team $2.4 million in cap in 2013 and only adds $600,000 per year to each year thereafter on his deal. Of all the moves this will be done in any scenario.

Total Savings: $15,425,000

Add that onto to the original savings and you now have a team that can at least replenish the roster with starting players. For the most part you are banking on the fact that by the time you are forced to pay the cost of these moves, which would be in 2014 and 2015 you get all the cap relief that you need by drafting wisely and filling the roster with contributing rookies

Scenario B: Blow it Up

Release Holmes- The Jets are going to have to cut Holmes a pretty hefty check to get him to go but it does create an additional $1.25 million in cap room in 2013 but more importantly gets him off the books in 2014 where he is set to count for $2.5 million in dead cap if the Jets did not tinker with his deal. Woody was willing to pay Faneca to go away and its doubtful the owner stands in the way here. Because Holmes has an offset in his contract they will also get a credit for whatever salary Holmes earns from another team making this a reasonable move.

Eat the cost and Trade Sanchez- Easier said than done, but there has to be a market for a former top 10 draft pick that by all accounts is a hard worker. A player like David Carr gets about $1 million to be a backup in this league and there is no reason why a team would not pay Sanchez at least double that. The only problem here is that the Jets will take a net negative position by trading him and incurring a $6 million upfront charge to sweeten the pot for another team. Ideally they need to find a team that is willing to pay him about $4 million of his $8.25 million guarantee. Right now he just brings such bad karma to the team he has to go. He may be willing to give up some money to get out the situation as its gotten toxic between the fans and the QB. The big benefit to moving him in 2013 is that you avoid the $4.8 dead money charge in 2014.

Trade Darrelle Revis- Unfortunately you are going to lose cap space($3 million) on this move in 2012, but you are getting the headache of re-signing Revis and the potential of a mega cap charge of $9 million in 2014 by moving him now. The fact is that the Jets are not going to win next season with or without Revis. Why waste $18 million in cap space over 2 years? Coming off an ACL injury the Jets cant expect more than a conditional 1 for Revis likely tied into him re-signing with the team that trades for him. If they let him walk they will only get a 3. If they could get a 2 in 2013 which could lead into a pick swap in 2014 (Jets give their 2014 2 up in return for the acquiring teams 1) itís a no brainer. If notÖ

Trade Antonio Cromartie- His value will never be higher the question is what is that value? Is it a 3? A 4? Cromartie has had a good run in NY yet somehow it wasnít until this year that people began to take any notice of him. That tells me that around the league its lukewarm interest at best. On the plus side the Jets wont need to prepay anything to facilitate a trade and it creates big cap room- $8.25 million- that can be used to offset any losses on a Sanchez dump or carried over to the next year to help cushion the financial impact of Revis leaving the team.

Convert Mangolds bonus- See above.

Total Savings (Trade Revis)- ($1,350,000) in 2013/$15,700,000 in 2014

Total Savings (Trade Cromartie)- $9,900,000 in 2013/$6,700,000 in 2014


Summary

My guess is a lot of what they do will depend on who is in charge. If Woody Johnson gives Mike Tannenbaum the authority to go deeper in Id be sure they will go with scenario A and put off the cap issues for another two years at which point they will hopefully be more prepared than they are now. Based on the Jets lack of moves this offseason I donít think he has that authority right now.

If the team brings in a new front office Scenario B is the more likely approach. They will break it all down and rebuild in their own image and own styles. I donít believe in the team right now and think they would be better off going the second route regardless of who is running the team. If they can trade Cromartie it could give the Jets the best of both worlds, but Id be worried about Revis. I think the relationship is strained and they cant chance taking a dead money hit of $9 million in 2014 and only receive a 3rd round compensatory pick for him. If Revis said he would stay on a true market deal (i.e. around 12-13 million a year) Id sign up now but I think he wants $15-16 million and you cant do that for a cornerback. It will cripple the teams cap worse than it is now.

0

#2 User is offline   TheGreenCoachesClub Icon

  • Pro Bowl
  • Icon
  • Group: Members
  • Posts: 525
  • Joined: 25-April 08
  • Gender:Male
  • Location:Westfield NJ

  • NFL Team:

  • MLB:

Posted 28 November 2012 - 11:53 AM

My summary: we're screwed :banghead:src="http://nyjetsfan.com/forum2/public/style_emoticons/default/banghead.gif">
0

#3 User is offline   Jetsfan115 Icon

  • Assistant Head Coach
  • Icon
  • Group: Assistant Admin
  • Posts: 23,560
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cali

  • NFL Team:

  • MLB:

Posted 29 November 2012 - 03:01 PM

This guy is dumb.

people exaggerate. every year were in "cap trouble" and every year we keep our core players (brick, mangold, harris, revis, cromartie, etc) and add players too.

http://nyjetscap.com/salary13.html

were at 141 million next year and we can carry 5 million from his year so were really at 136
The cap this year is 130 million a 3% increase is about 134 million putting us 2 million over the cap
easy cuts are
Jason Smith 12mil
scott 7.15 mil
pace 8.5 mil

Thats 27.65 million putting us 25.65 mil under the cap

our UFAs are
Yeremiah Bell
Mike DeVito
Nick Folk
Shonn Greene
Dustin Keller
Laron Landry
Aaron Maybin
Brandon Moore
Chaz Schilens
Matt Slauson
Bryan Thomas
Jay Richardson

We can resign
Bell -3 million
Folk - 2 million
Keller 5 million
Landry - 5 million
Slauson - 2million
Moore - 3 million

Thats 20 million putting us 5.65 under the cap.
Leave 3 to rookies were at 2.65 million w/o losing anyone big

Devito can walk we have wilk and coples
greene can walk we have powel and mcknight
Thomas can walk or return for a vet minimum
pace can be resigned cheaper possibly

our RFAs purdem can get a minimum to be the snapper
cumberland a minimum to be a backup TE
and everyone else can walk.

we'll be right at the cap (cna't sign free agents though)

now sanchez holmes and harris account for over 36 million of teh cap next year over 25% of it I'm sure we'll see one or more of the restructure. I doubt sanchez wouldn't. no matter what he won't make more money anywhere else and if we use the money to get him some WR help i'm sure he'd be happy with that

Were not in bad shape at all
Get it done MT
Posted Image
0

#4 User is offline   ROBJETS Icon

  • LB Coach
  • Icon
  • Group: Members
  • Posts: 1,383
  • Joined: 29-September 05
  • Gender:Male

  • NFL Team:

  • MLB:

Posted 29 November 2012 - 03:20 PM

View PostJetsfan115, on 29 November 2012 - 03:01 PM, said:

This guy is dumb.

people exaggerate. every year were in "cap trouble" and every year we keep our core players (brick, mangold, harris, revis, cromartie, etc) and add players too.

http://nyjetscap.com/salary13.html

were at 141 million next year and we can carry 5 million from his year so were really at 136
The cap this year is 130 million a 3% increase is about 134 million putting us 2 million over the cap
easy cuts are
Jason Smith 12mil
scott 7.15 mil
pace 8.5 mil

Thats 27.65 million putting us 25.65 mil under the cap

our UFAs are
Yeremiah Bell
Mike DeVito
Nick Folk
Shonn Greene
Dustin Keller
Laron Landry
Aaron Maybin
Brandon Moore
Chaz Schilens
Matt Slauson
Bryan Thomas
Jay Richardson

We can resign
Bell -3 million
Folk - 2 million
Keller 5 million
Landry - 5 million
Slauson - 2million
Moore - 3 million

Thats 20 million putting us 5.65 under the cap.
Leave 3 to rookies were at 2.65 million w/o losing anyone big

Devito can walk we have wilk and coples
greene can walk we have powel and mcknight
Thomas can walk or return for a vet minimum
pace can be resigned cheaper possibly

our RFAs purdem can get a minimum to be the snapper
cumberland a minimum to be a backup TE
and everyone else can walk.

we'll be right at the cap (cna't sign free agents though)

now sanchez holmes and harris account for over 36 million of teh cap next year over 25% of it I'm sure we'll see one or more of the restructure. I doubt sanchez wouldn't. no matter what he won't make more money anywhere else and if we use the money to get him some WR help i'm sure he'd be happy with that

Were not in bad shape at all


Thats all fine and good but with this management can you honestly believe they will let all of these guys go? I cant. Nothing they do surprises me.It wouldn't surprise me at all if they traded some of our good players and kept all the average and mediocre players and got crappy players for the traded ones.I have no faith in the current fo at all.Rex might have his loyalty issues but he isn't in charge of bringing in the players. Zero faith in this fo.
0

#5 User is offline   Jetsfan115 Icon

  • Assistant Head Coach
  • Icon
  • Group: Assistant Admin
  • Posts: 23,560
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cali

  • NFL Team:

  • MLB:

Posted 29 November 2012 - 04:26 PM

View PostROBJETS, on 29 November 2012 - 12:20 PM, said:

Thats all fine and good but with this management can you honestly believe they will let all of these guys go? I cant. Nothing they do surprises me.It wouldn't surprise me at all if they traded some of our good players and kept all the average and mediocre players and got crappy players for the traded ones.I have no faith in the current fo at all.Rex might have his loyalty issues but he isn't in charge of bringing in the players. Zero faith in this fo.


who can you not believe they let go? I said they will cut 3 players
1 of the (scott) eveyrone knows is gonna get cut
1 of them (justin smith) we traded away wayne hunter for and the guy isn't a starter and gets a 12mil bonus if we keep him.
1 of them has been a solid starter, but as i stated can be resigned for cheap after nobody picks him up. we've done it before we mid level starters (brandon moore most recent)
Get it done MT
Posted Image
0

Page 1 of 1


Fast Reply

  

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users