Friday, May 10, 2013

What's the potential impact of the Aaron Curry signing on the Giants' salary cap?

•With the Curry signing, the 51st cap number will be displaced if he received a $65,000 signing bonus.
•That 51st ranked cap number, if displaced, belongs to OL Brandon Mosley, and amounts to $555,146.


Curry has 4 years of accrued experience.
•I'm assuming for the sake of this post that Curry got the Minimum Salary Benefit (MSB) deal, to go along with a bonus that the Giants have given to 9 other vets with 4 or more years worth of experience---the most in the league.

•Whether or not Curry received that $65,000 signing bonus is a point of contention until it is found out for sure (this is a speculative post by it's very nature).
•If Curry did not receive this bonus, then his cap number would not fall into the Giants' top 51 cap numbers, thereby not making him count towards the cap at this time since the "Top 51" rule is in effect until the first game of the regular season begins in September. 

•The $555,000 MSB plus a $65,000 bonus equals a cap hit of $620,000.
•Subtract $555,146 from $620,000 and you wind up with $64,854.

•This figure of $64,854 would then be subtracted from the total cap number as well.
•If Curry's cap number is indeed in the top 51 on the team's roster, then the Giants' official cap number will change on Monday after they cut a player to get back to the 90 roster limit.

They're over that number by one now, but since the signing occurred after 4 pm on a Friday, as per Ralph Vacchiano, the Giants have until Monday (which is May 13th) to announce who it is that they cut in order to sign Aaron Curry.



•At that point, the Giants' cap number would decrease by $64,854.
•It would go from being $3,927,958 to $3,863,104--pending any other signings who would count towards the salary cap.
•As stated above, if Curry's signing does not include the $65K signing bonus mentioned above, the his cap number will simply be $555,000 and will not count towards the Giants' salary cap at this time on account of the "Top 51" rule being in effect.

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