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I calculated the Giants latest cap number to be $3,413,898. Compared to this official figure, I'm $101,882 off on the plus side (which is better than being on the short side). Like before, I figure that my overestimate is either the result of one of these two reasons, or possibly both:
1.) Prior year salary cap adjustments specific to the Giants' roster that I haven't yet calculated into the equation. For what it's worth, spotrac.com has that figure listed as $91,284 at the bottom of their page if you scroll down.
- LTBE (Likely to be Earned) incentives from last season that were missed and reported as bonus money in this year's cap are part of the Cap adjustment equation, as may be NLTBE (Not Likely to be Earned) incentives. Since my estimate is on the plus side, my miscalculation is more likely to fall into the LTBE incentives category.
2.) A miscalculation in Dead Money. I tried to compensate for that possible error by adjusting the figures that I had before by making a change in Greg Jones's leftover dead money figure, and increasing it from the figure that I had listed before.
The link below will provide the salary cap figures for all 32 teams in the NFL. Here is the link:
Top 51 League Cap Report
The figures will change in a couple of days when the cap credits for the post June 1st cuts kick in, which will be especially welcome for teams like the Raiders, Steelers, & Redskins off the top of my head. Here is a screen shot of the link pasted above:
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