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Cap space for next season…
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01-31-2023, 07:47 AM
(This post was last modified: 01-31-2023, 07:49 AM by The Real Marty. Edited 2 times in total.)
(01-28-2023, 04:09 PM)TheDuke007 Wrote:(01-22-2023, 09:37 AM)rfc17 Wrote: Agree with most of this. Griffin is obvious. Saves us around $13M in cap hit. I could see Chaisson being a cap hit as well. Hate to give up on a guy with untapped talent but he saves us around $3M. Would be surprised if they don't restructure Christian Kirk's deal (unless there is some rule around his contract I dont understand). But he has a huge base salary that I'm assuming would be allowed to be converted to a bonus and then spread over the next three years. I think they save near $10M on this years cap. And I would say it's a near guarantee he'll be here in 2023 and 2024. And if something happened where we decided to let him go after the 2024 season with one year left on his deal, we'd still get a ton of cap savings that offseason if we did it. Again unless there is something I dont understand about his specific contract, he seems like an obvious candidate to have a contract restructuring. I also think the same is true of Cam Robinson's deal. Not quite as much as Kirk but if my math is right I think they can get over $7M of savings by doing the same. You do those 4 things I just mentioned and you've saved near $35M right there. I think you could also adjust Olukon and Fatukasi. We have a ton of room in 2024 so we can afford to move cap there. And it gets even bigger if we cut Scherrf after the 2023 season. He is a HUGE cap savings after 2023. I think we can restructure contracts without extending them. Restructure Potential | Over the Cap There are two types of restructuring:
So a team can effectively postpone a cap hit by doing a simple restructure without extending a contract. And as you can see from the table in the link, if the Jaguars do simple restructures, they can go from $25 million over the cap to $27 million under the cap. If they do maximum restructures, they can get to $92 million under the cap. And again, simple restructures do not require any extension to the player's contract. |
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