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Cap space for next season…


(01-27-2023, 07:02 PM)The Real Marty Wrote:
(01-27-2023, 06:05 PM)JaguarJosh2 Wrote: For some reason there are trade scenarios that bring Ramsey back to Duval.  I know he'd have to earn the fans back,  but we could use a good CB.

I'd never take a guy back who faked an injury in order to force a trade.

(01-27-2023, 10:26 AM)icey14 Wrote: high priority are Key, Engram, Manhertz(who is one of the best blocking TEs in the Game)

after that you can start to bring on others are lower end contracts like Smoot, Peters, Winguard.

some guys will need to restructure to make this happen though like Jenkins and possibly Roy and Fatuski.

Peters says he's going to retire.

Baalke at the presser: "I was supposed to meet with his agent but I hurt my back and couldn't make it."
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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(01-21-2023, 08:59 PM)jrvegeeta Wrote: We’re projected to be around $23 million over the cap. Any ideas what the Jags can do to create space and get a few more pieces to turn ourselves into a Super Bowl contender?

Personally, I try to free up as much money as possible. We have to look to the future and if Trevor has another year like he did this season, it would be wise to extend him after the 2023 season, not only as a sign of good faith that we want him here, but because the price for franchise QB's keeps getting higher and higher and the longer we wait, the higher the number will get. I also would bring back Evan Engram at any cost. He has proven to be the best TE this team as had since Pete Mitchell. We cannot lose him. Keeping these factors in mind and given the cap situation we are already in, some tough decisions are gonna have to be made. Guys like Shaq Griffin, Rayshawn Jenkins, Roy Robertson-Harris, K'Lavon Chaisson and Tyler Shatley need to be released. If my numbers are correct, that would free up approximately $31 million give or take a million or two. I also look to re-structure deals with Christian Kirk, Cam Robinson and Brandon Scherff to allow us some wiggle room to bring in some reasonably priced free agents to round out the roster. 

We MUST re-sign Evan Engram. That has to be priority #1. I'd also really like to bring back Arden Key, Andrew Wingard, JaMycal Hasty and Riley Patterson. Dawuane Smoot would be on my wish list as well, but something tells me he is gonna get a deal from someone else, more than we can afford. With some key free agent losses and cuts, we're gonna have to hit on a lot of players in this upcoming draft as well as identifying some cheap free agent acquisitions with a lot of upside.
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(01-22-2023, 09:37 AM)rfc17 Wrote:
(01-21-2023, 11:36 PM)TheDuke007 Wrote: I think they do the following:

  • Cut Griffin.
  • Cut either RRH or Jenkins and replace in the draft.
  • Extend Josh Allen with a large signing bonus but lowering the cap hit in 2023.
  • Restructure some other contracts as needed.
  • Let Jawaan Taylor walk in free agency and receive a comp draft pick in 2024.
  • Sign Engram to a multi-year contract with a large signing bonus but a fairly low cap hit in 2023.
  • Try to sign Key, if possible, and as many of the Jags other free agents as the cap allows.
  • Sign minimal free agents from other teams.  Maybe a couple of role players or depth but no major signings.
  • Use the draft to upgrade the roster.

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 do think they try to do everything they can to bring back Engram.  And I also think they'll try to extend Josh Allen which will bring some additional savings.

Not sure about Taylor.  Arguably our best offensive lineman this year.  But is he a one year wonder?  Was he just playing for a contract?  With Walker Little showing he can be better at LT than RT, if Cam can hold up on the right side, I'd feel pretty solid about without Taylor.  Big risk though is now depth is a major concern.  Would have to find a cheap vet free agent or address it somewhere high in the draft.

One difference is I'm not sure RRH and Jenkins can't both be back.  Looks like Jenkins' deal could be adjusted to move a little more of the cap into next year.  And we may not need to touch RRH's deal or extend him.

I mentioned cutting Griffin and extending Allen but didn't go into detail about who I would restructure.  I agree that Christian Kirk is clearly the best candidate.  He has the second highest base salary next year.  He's still young, playing well and a player that I would want to see finish his contract with the Jaguars.  I don't particularly like many of the other options with the Jaguars highest priced players.

Despite having the highest and fourth highest base salaries in 2023, I don't like the ideas of restructuring Cam Robinson or Brandon Scherff by converting salary into signing bonus.  I think they are both overpaid and restructuring will extend their time here.  If it were up to me, they would play out their 2023 season and then are cut.  Doing so would save approximately $17 million for Robinson and $16 million for Scherff.  That's a total of $33 million off the salary cap in 2024.  The remaining dead cap will roll off the following year for another $10 million or a total of $43 million savings compared to 2023.  That's a ton of money that we can use elsewhere including a Trevor extension.  Guards are a non-premium position and aren't hard to find.  As far as tackle, we have Little who can play left tackle, so we only would need a right tackle.  While not "easy", right tackles can also be found.  We can use a first round draft pick on it if needed.

Despite having the 3rd highest base salary, I don't like the idea of restructuring Oluokun.  It's not that I don't like him, I do.  It's that we drafted linebackers with a first round pick and an early third round pick.  What if they develop and turn into quality starters?  I would like to keep the flexibility to either keep or move on from Oluokun in future years based upon how our other linebackers perform.

Griffin has the fifth highest salary.  I think there's a consensus that he's cut.

Calvin Ridley has the sixth highest salary.  However, I don't see the team extending him until after the 2023 season.  We'll want to see how he plays first.

Darious Williams is seventh.  I don't like the idea of extending a player who will turn 30 before next season starts.  However, I could see him as a candidate to push money from 2023 into 2024 if needed.  

Josh Allen is eighth.  As stated previously, I would extend him and lower his 2023 cap hit.

Those are all of the players with over $10 million in base salary.  I won't go into detail on the others.  Fatukasi is a possible candidate for restructure.  Jenkins, RRH and Agnew are all in the final year of their contracts, so we can't simply restructure, we would need to extend.  Agnew seems like the best candidate of the three.  You could add one more year to Jenkins or RRH, but I don't like the idea of extending them long term.  I like Zay Jones, but unfortunately, I'm sure other teams do too.  I think his price has gone up.  With Christian Kirk and likely a Ridley extension, the Jaguars will have a lot of salary cap tied up at the receiver position in future years.  As such, we could push some of Zay's salary from 2023 to 2024, but I don't see him getting extended beyond his current contract.
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(This post was last modified: 01-30-2023, 02:48 PM by Cleatwood. Edited 1 time in total.)

Cap is 225 million next year which is about a 17 million dollar increase from 2022.

Jags can still do work if they choose to by restructuring and releasing Griffin.
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(01-30-2023, 02:41 PM)Cleatwood Wrote: Cap is 225 million next year which is about a 17 million dollar increase from 2022.

Jags can still do work in they choose to by restructuring and releasing Griffin.

I have been playing around with the cap space calculators that exist online. What is difficult is knowing how much the FA's will cost us but to me it looks like we would absolutely need to cut Griffin and restructure almost all high earners to make things work. If that happens we may be able to keep Robertson-Harris and Jenkins. 

I don't know if any of the restructuring targets would resist and typically they should be happy to get the money sooner rather than later, right?
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(01-30-2023, 02:46 PM)CanDoBetter Wrote:
(01-30-2023, 02:41 PM)Cleatwood Wrote: Cap is 225 million next year which is about a 17 million dollar increase from 2022.

Jags can still do work in they choose to by restructuring and releasing Griffin.

I have been playing around with the cap space calculators that exist online. What is difficult is knowing how much the FA's will cost us but to me it looks like we would absolutely need to cut Griffin and restructure almost all high earners to make things work. If that happens we may be able to keep Robertson-Harris and Jenkins. 

I don't know if any of the restructuring targets would resist and typically they should be happy to get the money sooner rather than later, right?
I would assume so.

March 15th is when FA hits which actually isn't too far away.
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I think we offer Engram 3 yr 12 to 12.5 mil a year and if they can't agree on that he gets tagged
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(01-30-2023, 08:02 PM)flgatorsandjags Wrote: I think we offer Engram 3 yr  12 to 12.5 mil a year and if they can't agree on that he gets tagged

Whatever it is, I just hope we keep him.
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(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 do think they try to do everything they can to bring back Engram.  And I also think they'll try to extend Josh Allen which will bring some additional savings.

Not sure about Taylor.  Arguably our best offensive lineman this year.  But is he a one year wonder?  Was he just playing for a contract?  With Walker Little showing he can be better at LT than RT, if Cam can hold up on the right side, I'd feel pretty solid about without Taylor.  Big risk though is now depth is a major concern.  Would have to find a cheap vet free agent or address it somewhere high in the draft.

One difference is I'm not sure RRH and Jenkins can't both be back.  Looks like Jenkins' deal could be adjusted to move a little more of the cap into next year.  And we may not need to touch RRH's deal or extend him.

I mentioned cutting Griffin and extending Allen but didn't go into detail about who I would restructure.  I agree that Christian Kirk is clearly the best candidate.  He has the second highest base salary next year.  He's still young, playing well and a player that I would want to see finish his contract with the Jaguars.  I don't particularly like many of the other options with the Jaguars highest priced players.

Despite having the highest and fourth highest base salaries in 2023, I don't like the ideas of restructuring Cam Robinson or Brandon Scherff by converting salary into signing bonus.  I think they are both overpaid and restructuring will extend their time here.  If it were up to me, they would play out their 2023 season and then are cut.  Doing so would save approximately $17 million for Robinson and $16 million for Scherff.  That's a total of $33 million off the salary cap in 2024.  The remaining dead cap will roll off the following year for another $10 million or a total of $43 million savings compared to 2023.  That's a ton of money that we can use elsewhere including a Trevor extension.  Guards are a non-premium position and aren't hard to find.  As far as tackle, we have Little who can play left tackle, so we only would need a right tackle.  While not "easy", right tackles can also be found.  We can use a first round draft pick on it if needed.

Despite having the 3rd highest base salary, I don't like the idea of restructuring Oluokun.  It's not that I don't like him, I do.  It's that we drafted linebackers with a first round pick and an early third round pick.  What if they develop and turn into quality starters?  I would like to keep the flexibility to either keep or move on from Oluokun in future years based upon how our other linebackers perform.

Griffin has the fifth highest salary.  I think there's a consensus that he's cut.

Calvin Ridley has the sixth highest salary.  However, I don't see the team extending him until after the 2023 season.  We'll want to see how he plays first.

Darious Williams is seventh.  I don't like the idea of extending a player who will turn 30 before next season starts.  However, I could see him as a candidate to push money from 2023 into 2024 if needed.  

Josh Allen is eighth.  As stated previously, I would extend him and lower his 2023 cap hit.

Those are all of the players with over $10 million in base salary.  I won't go into detail on the others.  Fatukasi is a possible candidate for restructure.  Jenkins, RRH and Agnew are all in the final year of their contracts, so we can't simply restructure, we would need to extend.  Agnew seems like the best candidate of the three.  You could add one more year to Jenkins or RRH, but I don't like the idea of extending them long term.  I like Zay Jones, but unfortunately, I'm sure other teams do too.  I think his price has gone up.  With Christian Kirk and likely a Ridley extension, the Jaguars will have a lot of salary cap tied up at the receiver position in future years.  As such, we could push some of Zay's salary from 2023 to 2024, but I don't see him getting extended beyond his current contract.

I think we can restructure contracts without extending them.  

Restructure Potential | Over the Cap

There are two types of restructuring:
  • [b]simple restructure[/b] converts payments into prorated signing bonuses within the confines of the remainder of the contract. Teams typically have the ability to unilaterally execute simple restructures without any action necessary from the player.
  • [b]maximum restructure[/b] increases the amount of cap space via conversion into prorated signing bonuses by either extending the contract or by adding void years to a contract, years that do not extend the contract but are only used as placeholders for the proration. Maximum restructures are typically considered a renegotiation of the contract that requires the player's consent to execute.

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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(01-30-2023, 08:02 PM)flgatorsandjags Wrote: I think we offer Engram 3 yr  12 to 12.5 mil a year and if they can't agree on that he gets tagged

There's no way he will accept that, and he shouldn't.  Look at this table of TE contracts:  

https://overthecap.com/contracts

The contract you propose would make him the 10th highest paid TE.  That's an insulting offer.
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(01-31-2023, 08:02 AM)The Real Marty Wrote:
(01-30-2023, 08:02 PM)flgatorsandjags Wrote: I think we offer Engram 3 yr  12 to 12.5 mil a year and if they can't agree on that he gets tagged

There's no way he will accept that, and he shouldn't.  Look at this table of TE contracts:  

https://overthecap.com/contracts

The contract you propose would make him the 10th highest paid TE.  That's an insulting offer.

Agreed. I think you're going to have to look at $14.5-$15 APY at the minimum. This would put him in line where I think he belongs tier wise. He's obviously not Kelce, Kittle, etc. 

However, he should be in that area with Njoku and Knox. 100%. Especially if the expectations are that he gets even better and more involved offensively. Which, based on his first year here with Lawrence? It's possible.
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Engram should be paid market value, because he has shown he is worth it
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(01-31-2023, 08:02 AM)The Real Marty Wrote:
(01-30-2023, 08:02 PM)flgatorsandjags Wrote: I think we offer Engram 3 yr  12 to 12.5 mil a year and if they can't agree on that he gets tagged

There's no way he will accept that, and he shouldn't.  Look at this table of TE contracts:  

https://overthecap.com/contracts

The contract you propose would make him the 10th highest paid TE.  That's an insulting offer.

That's a very interesting chart. Raiders, Patriots, Dolphins, Cards and Saints really didn't get the production they expected based on what they spent.

https://www.lineups.com/nfl/tight-end-te-stats
"Remember Red, Hope is a good thing. Maybe the best of things. And no good thing ever dies."  - Andy Dufresne, The Shawshank Redemption
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This is the era as a jaguars fan where we fall in love with players who have a good year, and are willing to pay them anything to come back next year so we can feel good again... because it's new for us.
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What is Ridley’s cap hit if he comes back?
<FONT face="Comic Sans MS" size=3><B><FONT face=Verdana color=#ff6600 size=4></FONT></B></FONT>
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(01-31-2023, 07:47 AM)The Real Marty Wrote:
(01-28-2023, 04:09 PM)TheDuke007 Wrote: I mentioned cutting Griffin and extending Allen but didn't go into detail about who I would restructure.  I agree that Christian Kirk is clearly the best candidate.  He has the second highest base salary next year.  He's still young, playing well and a player that I would want to see finish his contract with the Jaguars.  I don't particularly like many of the other options with the Jaguars highest priced players.

Despite having the highest and fourth highest base salaries in 2023, I don't like the ideas of restructuring Cam Robinson or Brandon Scherff by converting salary into signing bonus.  I think they are both overpaid and restructuring will extend their time here.  If it were up to me, they would play out their 2023 season and then are cut.  Doing so would save approximately $17 million for Robinson and $16 million for Scherff.  That's a total of $33 million off the salary cap in 2024.  The remaining dead cap will roll off the following year for another $10 million or a total of $43 million savings compared to 2023.  That's a ton of money that we can use elsewhere including a Trevor extension.  Guards are a non-premium position and aren't hard to find.  As far as tackle, we have Little who can play left tackle, so we only would need a right tackle.  While not "easy", right tackles can also be found.  We can use a first round draft pick on it if needed.

Despite having the 3rd highest base salary, I don't like the idea of restructuring Oluokun.  It's not that I don't like him, I do.  It's that we drafted linebackers with a first round pick and an early third round pick.  What if they develop and turn into quality starters?  I would like to keep the flexibility to either keep or move on from Oluokun in future years based upon how our other linebackers perform.

Griffin has the fifth highest salary.  I think there's a consensus that he's cut.

Calvin Ridley has the sixth highest salary.  However, I don't see the team extending him until after the 2023 season.  We'll want to see how he plays first.

Darious Williams is seventh.  I don't like the idea of extending a player who will turn 30 before next season starts.  However, I could see him as a candidate to push money from 2023 into 2024 if needed.  

Josh Allen is eighth.  As stated previously, I would extend him and lower his 2023 cap hit.

Those are all of the players with over $10 million in base salary.  I won't go into detail on the others.  Fatukasi is a possible candidate for restructure.  Jenkins, RRH and Agnew are all in the final year of their contracts, so we can't simply restructure, we would need to extend.  Agnew seems like the best candidate of the three.  You could add one more year to Jenkins or RRH, but I don't like the idea of extending them long term.  I like Zay Jones, but unfortunately, I'm sure other teams do too.  I think his price has gone up.  With Christian Kirk and likely a Ridley extension, the Jaguars will have a lot of salary cap tied up at the receiver position in future years.  As such, we could push some of Zay's salary from 2023 to 2024, but I don't see him getting extended beyond his current contract.

I think we can restructure contracts without extending them.  

Restructure Potential | Over the Cap

There are two types of restructuring:
  • [b]simple restructure[/b] converts payments into prorated signing bonuses within the confines of the remainder of the contract. Teams typically have the ability to unilaterally execute simple restructures without any action necessary from the player.
  • [b]maximum restructure[/b] increases the amount of cap space via conversion into prorated signing bonuses by either extending the contract or by adding void years to a contract, years that do not extend the contract but are only used as placeholders for the proration. Maximum restructures are typically considered a renegotiation of the contract that requires the player's consent to execute.

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.  

All the numbers I had listed was the simple kind of restructure which doesn't involve any player involvement and doesnt extend contracts into future years.  Just converting base to bonus and pushing out cap.  To get under the cap, sign Engram and possibly Taylor, and leave room for draft picks and some of the cheaper FA we have on the team, I'm not sure they would need to do anything other than simple restructures.  

To the Duke's point (not sure if this is what he meant), pushing out cap does reduce the cap savings in future years if you choose to cut them early.  Which could possibly keep someone here longer than you would like.  But I still think for someone like Cam, his cap saving by releasing after the 2023 season is currently so big, even if you convert some of his 2023 base to signing bonus and push $7-$8M cap into the future year, I don't think it'd impact our ability to cut him after 2023.  It would still be a big enough savings that it if you need to make more room now, you could easily do this.


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(01-31-2023, 11:48 AM)SuperJville Wrote: What is Ridley’s cap hit if he comes back?

Eleventy billion pesos.  Or somewhere around there.
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(01-31-2023, 12:08 PM)scottyg Wrote:
(01-31-2023, 11:48 AM)SuperJville Wrote: What is Ridley’s cap hit if he comes back?

Eleventy billion pesos.  Or somewhere around there.

Yep, based on the conversion factor that works out to exactly $11 million USD.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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(This post was last modified: 01-31-2023, 01:45 PM by flgatorsandjags. Edited 1 time in total.)

(01-31-2023, 08:42 AM)Caldrac Wrote:
(01-31-2023, 08:02 AM)The Real Marty Wrote: There's no way he will accept that, and he shouldn't.  Look at this table of TE contracts:  

https://overthecap.com/contracts

The contract you propose would make him the 10th highest paid TE.  That's an insulting offer.

Agreed. I think you're going to have to look at $14.5-$15 APY at the minimum.
This would put him in line where I think he belongs tier wise. He's obviously not Kelce, Kittle, etc. 

However, he should be in that area with Njoku and Knox. 100%. Especially if the expectations are that he gets even better and more involved offensively. Which, based on his first year here with Lawrence? It's possible.

God no, Engarm had a good year for us last year but he isn't close to Kelce, Kittle, or Andrew's.  He had his best year this year in Dougs TE friendly offense but you have to look at his past years as well.  If he is asking for that kind of money you just tag him which I doubt he is asking for that.  Maybe go 13 mil per
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