The Giants started off the day as being $1,367,419 under the cap, as per the NFLPA's League Cap Report website. Here is the breakdown of the roster moves today with respect to the salary cap:
- The Giants' cap number as of the start of Saturday, October 05, 2013 was $1,367,419
- Dallas Reynolds cut - $367,059
- Replaced by Will Hill - $367,059
- Difference: Nothing
- Total after roster moves: same ($1,367,419)
- Placed Aaron Ross on IR
- Ross’s cap number is $620,000
- Cap number remains same at $1,367,419
- Charles James called up to 53-man roster from Practice Squad:
- James’s salary would be equal to that of a player with no accrued seasons ($405,000) prorated over 13 weeks instead of the full 17.
(13/17) * $405,000 = $309,706$1,367,419 - $309,706 = $1,057,713
*Check this link out courtesy of overthecap.com with all of the links to every player on the Giants:
- The Giants lost $309,706 in cap space as a result of these roster moves made today.
- The only move that cost them cap space was the Charles James promotion from the Practice Squad; this took up $309,706 in cap room.
- The Giants went from being $1,367,419 under the cap to being $1,057,713 under it as result of these moves today.
- Pending any injuries, this number should stay the same for the next 4 weeks, or so, until Andre Brown is ready to come off of Temporary IR after week 8.
- At that point the Giants will have to make another roster move to account for his re-addition to the 53-man active roster.
- Someone will either go on IR, or be cut at that point.
- DT Markus Kuhn will be eligible to return to the 53-man roster off of the PUP list as well between weeks 7 and 13.
- I forgot to factor in the addition of MLB Jon Beason onto the Giants' cap after he was traded to the Giants last Friday, October 4th, 2013.
- Beason's addition will cost the Giants $874,081 in cap space.
- This amount will be subtracted from the amount stated above ($1,057,713).
- The result would be $183,632.
- Needless to say, the Giants are going to be up shit creek if they have one more player go on IR.