Saturday, January 11, 2014

Primer for important dates to keep in mind leading up to the start of Free Agency

Here are some significant dates to keep note of as we head towards the start of Free Agency and the new league year exactly two months from today:


Source: "2013-2014 NFL Calendar: All the Dates You Need To Know" (by Tim @battleredblog) via NFL Communications




The dates that stand out since the end of the season are December 30th and February 3rd (the day after the Super Bowl). The players who were drafted by the Giants in 2011 that are still on the team who they can now extend or renegotiate are as follows:

  1. 1st Round - Prince Amukamara (CB)
  2. 3rd Round - Jerrel Jernigan (WR)
  3. 4th round - James Brewer (OT)
  4. 6th round - Jacquian Williams (OLB)

These 4 players are the only ones left still on the roster out of the 8 who were picked in that year's draft (click HERE to see who all 8 picks were). Da'Rel Scott technically finished the season on Injured Reserve for the Giants, but he is not under contract in 2014 for the Giants since he was cut earlier in the year, and then re-signed after clearing waivers. He won't even be a Restricted Free Agent (RFA).

The Giants have 7 RFAs going into the off-season. Three of them are listed above in Jernigan, Brewer, and Williams. The other 4 are as follows (they were all signed as Undrafted Rookies in 2011):
  • Henry Hynoski (FB)
  • Mark Herzlich (LB)
  • Spencer Paysinger (OLB)
  • Jim Cordle (C)


The importance of December 30th besides the avenue of being able to extend players drafted in the 2011 Draft now being open to team (the Giants have 4 left as indicated above) is that restructures and extensions to other players already under contract could also be made. The Bears have been very busy in that regard with the Tim Jennings, Robbie Gould, and Jay Cutler signings/extensions. It wouldn't be surprising to see the Giants do something similar with Eli Manning and/or Antrel Rolle after the straighten out their issues with the coaching staff anf front office.

Teams were also allowed to begin to sign players to deals for 2014 season on December 30th. What typically happens is Reserve/Futures signings begin to be made the day after the regular season for non-playoff teams like the Giants. Right now, the Giants have 52 players under contract. They had 39 as of the end of the regular season on the evening of December 29th. They have signed 13 players to Futures deals since then, raising the amount of players they have under contract to them in 2014 to 52. The Giants began this process on the day after the season ended, on December 30th, when they signed all 8 players who ended the regular season on their Practice Squad to to Reserve/Futures deals in 2014. Those 8 players are:
  • Kendrick Adams (DE)
  • Steven Baker (OL)
  • Kendall Gaskins (RB)
  • Marcus Harris (WR)
  • Travis Howard (CB)
  • Junior Mertile (CB)
  • Chaz Powell (FS)
  • Ross Weaver (CB)

All 8 of these players have cap numbers (and salaries) that are equivalent to the absolute league minimum in 2014 (this is due to them not having earned an accrued season yet towards Free Agency in their respective careers). That figure is $420,000. Here are the other league minimum figures for 2014 that correspond to accrued seasons:






Four of the other five players who the Giants signed to Futures deals a few days ago, on January 7th (the Brandon McManus signing was first reported on Monday, January 6th), are as follows (click HERE to read an article about them from NJ.com, and HERE to read about what Ed Valentine wrote about them on BigBlueView.com):
  • Spencer Adkins (LB) - 2014 cap number & salary of $645,000 (3 accrued seasons)
  • Troy Kropog (OL) - 2014 cap number & salary of $645,000  (3 accrued seasons)
  • Daniel Fells (TE) - 2014 cap number of $570,000 & salary of $730,000  (4 accrued seasons; Minimum Salary Benefit contract)
  • Preston Parker (WR) - 2014 cap number & salary of $570,000  (2 accrued seasons
  • Brandon McManus (K/P) - 2014 cap number & salary of $420,000  (no accrued seasons)
    • Note: all salaries are courtesy of the NFLPA's record of active salaries per team for the 2014 season, with the corresponding cap number being reflective of the amount of accrued seasons
    • So far none of these Futures signings have been reported to include signing bonuses of any kind, hence these bare bones cap figures for each of them.


For a full list of the cap numbers for all 52 of the players who are under contract to the Giants in 2014, along with their cap numbers, please click on the link below compiled by Jason Fitzgerald from OverTheCap.com:

February 3rd is the first day teams can cut players to make room under the cap for 2014, so don't expect Chris Snee---someone who is expected be cut (or retire)---go until at least then. Last year, the Giants cut Michael Boley, Ahmad Bradshaw, and Chris Canty only a few days after Super Bowl 47. They cut Michael Boley 2 days after the Super Bowl last year on February 5th (click HERE to read about it). They cut Ahmad Bradshaw and Chris Canty the following day---3 days after the Super Bowl last year on February 6th (click HERE to read about it). Look for the Snee situation to get resolved very shortly after this year's Super Bowl on February 2nd, especially since the Giants will be needing the $7.25 M in cap savings that they'd get from cutting Snee.


February 17th is the first day clubs can designate franchise and transition tag players for 2014. March 3rd is the last day that teams can designate Franchise or Transition players. Hakeem Nicks was a candidate for this before, and in fact may still be, but it looks a lot less likely that that will be the case now after taking into account how this past season went with the Giants. I wrote about an option that the Giants had with regard to trading a franchised player, if they actually did franchise Nicks almost three months ago. Click below to read it:
February 19th-25th is when the Indianapolis Combines will take place (along with rampant tampering---continue reading below to see what I mean).

Keep in mind that an announcement regarding the cap possibly going up from $126.3 million, as reported b Joel Corry HERE, to $128 million could also be made before the start of Free Agency by late February or early March (Joel Corry wrote about that HERE as well).

Clubs can officially begin to contact the agents of players who are scheduled to be Unrestricted Free Agents (UFAs) starting on March 8th. This is farcical in many ways. Teams used to make signings literally minutes after the start of Free Agency, so in order to combat this perception of rampant tampering--which was actually reality, and still is the case by the way--the NFL has officially allowed teams to begin contacting players a few days prior to the start of free agency. This way it looks less suspect. The fact of the matter is this: teams are constantly in contact with player agents, wither trough 3rd parties or via back channels. The week of the Indianapolis Combine is famous for team officials and player agents walking down the street and talking shop all week in Indianapolis. Check this article detailing the matter from February of 2008 by Pat Yasinskas: If everyone's doing it, free-agent tampering is OK: The scouting combine allows teams to get a head start on free agency, even though the practice is technically against the rules, writes Pat Yasinskas.


March 11th at 4 pm EST is significant with respect to Restricted Free Agency tenders as well (RFAs). That's when the Giants will have to make decisions regarding their own 7 RFAs that I wrote about above. Here are last year's tender rates (expect this year's to be a little higher for each):

This information was tweeted by Albert Breer last year just a few days short of today's date (4 to be exact). The odds are that the same information for this upcoming 2014 season will be made available at around the same time this year, which is only a few days away.




The Top 51 Rule salary cap accounting rule will also begin to take effect at 4 pm EST on March 11th as well. I'm going to list the cap numbers for Giants players under contract for 2014 in my future posts as if the Top 51 Rule is already in effect, so hopefully that will make things easier for people to understand beforehand. Right now, as indicated above, the Giants have 52 players under contract in 2014  (this will continue to go up before March 11th since more Futures signings will inevitably made, along with RFA tenders being announced as well). Free Agency will begin with a bang at 4 pm EST as well on March 11th, with the first week including lots of dollars being thrown at players who may or may not deserve them. After that though, the market will begin to come back down to earth, with wise teams taking advantage of the buyer's market at that point.

It will be interesting to see what happens, but based on previous history, I'd expect to see the giants target someone, and sign them right near the atart of FA that they deem to be an essential signing at a position of need (the OL would be a logical place to start). Off the top of my head, a player like Kansas City's UFA RG Jon Asamoah would seem like the kind of player they would go after. OTs are more expensive than OGs are, so I wouldn't be surprised to see the Giants make a quick signing right at the start of FA with a player like Asamoah, and then letting the market settle down and come back to them, before they make any other signings.

Friday, January 10, 2014

Cap notes about the Giants' 2014 schedule & their picks in the 2014 NFL Draft

At around 8 pm EST on the evening of December 29th, 2013, the Giants found out who their final opponent would be for the 2014 season, and what pick they would be getting in the first round of the 2014 NFL Draft.

Their opponents in 2014 (other than the usual & obvious 6 games against their divisional opponents in the NFC East) will be the teams in the AFC South, NFC West, and the 3rd place teams in the NFC South (the Giants will be hosting that team), and the 3rd place finisher in the NFC North (the Giants will be playing them on the road). The games are outlined on many sites; this one---FBSCHEDULES.COM---is my particular favorite. Their opponents are as follows:



HOME:

  • *Philadelphia
  • *Dallas
  • *Washington
  • Arizona
  • San Francisco
  • Houston
  • Indianapolis
  • Atlanta


AWAY:

  • *Philadelphia
  • *Dallas
  • *Washington
  • St. Louis
  • Seattle
  • Jacksonville
  • Tennessee
  • Detroit


What are the cap situations of these 13 opponents going into the off-season (Futures signings estimates are factored in)? How much anticipated cap room will they have (restructures, extensions, cuts, RFA tenders)?

I'm going to refer to Jason Fitzgerald for help on this. This article from OverTheCap.com projects these bare bones figures for these teams:


Here is how these 13 opponents in 2014--plus the Giants--rank with respect to the estimated available cap space figures in the link above:


  1. Jacksonville - $55,858,851
  2. Indianapolis - $35,132,360
  3. Washington - $29,098,022
  4. Philadelphia - $18,842,508
  5. NY Giants - $10,341,796
  6. San Francisco - $6,209,764
  7. Atlanta - $5,965,236
  8. Houston - $4,610,940
  9. Tennessee - $4,469,952
  10. Arizona - $2,182,254
  11. St. Louis - $1,151,714
  12. Seattle - ($415,393)
  13. Detroit - ($4,374,676)
  14. Dallas - ($21,634,160)



I've noted on Twitter, and elsewhere, that the Giants will have about $25 to $30 million to spend come the start of free agency (probably closer to the lower figure) after factoring in variables like:

  • player extensions/contract restructures - Eli & Rolle are extension candidates
  • contracts w/voidable years voiding - Myers & Webster
  • players being cut - Snee; Rolle is an outside possibility as well
  • RFA tender candidates - Jernigan, Brewer, Williams, Paysinger, Hynoski, Herzlich, & Cordle
The same factors for the Giants' 13 opponents will likewise factor in to the adjustment of how much cap money they'll have to spend at the start of free agency on March 11th, about two months from now. Of those 13 clubs, the ones with the best cap situations heading into Free Agency are Jacksonville, Indianapolis, the Redskins (their Cap Penalties are done with), & the Eagles. Jacksonville obviously has a lot of work to do, but Indianapolis is already a strong team, and the Eagles won the NFC East in 2013. The Redskins will probably look to get back to their free-spending ways now that they are out of cap jail, if their previous behavior under Daniel Snyder is any indicator.


The clubs who are going to have a more difficult time managing their cap situation heading into Free Agency are the teams at the bottom of the list above. The ones that stand out are: Arizona, St. Louis, Seattle Detroit, & Dallas. Those five clubs in particular will have some major reshuffling of the deck to do with respect to managing the contracts on their respective rosters before Free Agency & the new league year begin on March 11th. The top 51 accounting rules go into effect that day as well, so that will factor into the equation as well.

Out of these five clubs, Seattle, Detroit, & Dallas stand out the most, since they are in the red--- hence the red text---with respect to their cap situations (they need to cut/extend/restructure players in order to be under the cap at the start of Free Agency and the new league year). These 3 clubs are projected to be over the cap when Free Agency begins on March 11th, without factoring in the other variables that I mentioned above that teams will inevitably deal with. While these are just estimates that aren't even necessarily ball park figures like the $25 to $30 million dollar cap availability estimate that I gave for the Giants above (which I'll flesh out in an upcoming post pretty soon), these figures at least function to help give you an idea of where teams are right now in the process of managing their cap situations in the next two months.

To wrap up, fans will probably want to note that In 2015, the Giants will play the teams in the AFC East, NFC South, host the team from the NFC West that finishes in the same place as they do in 2014, and play at the team from the NFC North that finishes in the same place as they do in 2014 (as in the case of this upcoming 2014 season). Click HERE to see their schedules from 2008 to 2013, and their list of opponents in 2014 & 14 of their 16 predetermined opponents in 2015. Fans might want to keep track of how those teams are doing with their cap situations as well. As always, OverTheCap.com provides the best rough estimates of any other site out there. Click below to see:





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As far as the 2014 NFL Draft is concerned, we know that the Giants will be picking 12th in the first round pending any trades on Day 1 of the Draft on the night of May 8th in New York City. They have 6 picks as of now (Jerry Reese traded their 7th rounder to Carolina in the Jon Beason deal). The draft order for picks 1-24 has been determined, as indicated in this link from OverTheCap.com: 2014 NFL Draft Tracker


Here are the estimated cap values for the Giants' 6 picks, with their picks for their choices in the the first three rounds being the most accurate of the bunch based off of Jason Fitzgerald's figures from last year from OverTheCap.com, which I'll provide a link to below. Without further ado, here are the estimates:





These estimates are based on the following pick-by-pick estimates from OverTheCap.com from last year's draft. Click HERE to see them. The order of the Giants' picks in each round in this year's draft, as well overall pick for each draft slot, came form THIS LINK to Matt Miller's 7-Round Mock Draft article from December 30th.

Here are 2 other links that are interesting to take note of form OverTheCap.com regarding last year's draft pick cap number estimates for each team:

Jason said on one of his more recent podcasts that he has the pick-by-pick estimates for this year's draft. As soon as he has them, I'll link them here, nut for now, these will be close enough to get a rough idea of what they'll be dealing with cap-wise. Since the Top 51 rule will be in effect when the draft picks are signed, the odds are that the only picks that will count against the Giants' cap will be the players selected in rounds 1 and 2, with a slight possibility for round 3. another factor to take into consideration will be salary displacement.

It should be noted that draft picks count towards the 90-man roster limit that is in effect during the off-season, even if they are not signed. It works like this: once a player is drafted, his cap number hits the books at the absolute 2014 league minimum of $420 K, as can be seen below along with other minimum rates for players corresponding to the amount of accrued years they have credited towards free agency. Once a player signs a drafted rookie signs his contract, his cap number is adjusted upwards; however, until then it stays on the cap books at the figures of $420,000 mentioned above.






When a player signs, his place in the Top 51 list of cap numbers on the team (assuming he ranks high enough form a cap standpoint) displaces a player already on the list, thereby pushing that player with the 51st ranked cap number off of the accounting books---at least until the top 51 rule is no longer in effect a few days before the season opener in September. The difference between that cap number and the salary that he displaces is what counts.

As a result, as things stand now, the giants will probably not have to spend more than $2,000,000 in cap room on signing their Top 51 eligible draft picks. The rest who don't fit into the Top 51 can sign right away, and not count towards the cap, at least until when the Top 51 rule ceases---assuming they make the team of course, which almost all 3rd, 4th, and 5th rounders should, unless they completely bomb in training cap and during the preseason.

Saturday, January 4, 2014

2013 season Salary Cap update for all NFL teams as of Jan. 4, 2014

Here is the latest update for the 2013 season for all 32 teams (figures courtesy of the NFLPA's public League Cap Report website). As can be seen here, and as I wrote about in my previous post (HERE), the Giants finished dead last in the entire league with respect to cap space, with only $24,947 left in available cap room.

The 20 non-playoff teams like the Giants gave up the ghost for the 2013 season last Sunday, so they no longer have anything to worry about from an in-season cap perspective; however, the remaining teams competing in the post-season still do.

The 12 playoff teams rank as follows compared to each other with respect to available cap space rankings in order of most available cap space to least available cap space. They range from 5th most available cap space in the entire NFL (Philadelphia with $17,179,142) to 30th most available cap space on the league (Indianapolis with $632,910):


  1. Philadelphia - 5th most available cap space - $17,179,142
  2. Carolina - 6th most available cap space - $11,637,268
  3. Green Bay - 7th most available cap space - $9,863,883
  4. Cincinnati - 8th most available cap space - $8,181,604
  5. Denver - 11th most available cap space - $6,609,821
  6. New England - 13th most available cap space - $4,089,488
  7. Seattle - 15th most available cap space - $2,963,336
  8. Kansas City - 17th most available cap space - $2,457,691
  9. San Diego - 18th most available cap space - $2,349,416
  10. San Francisco - 19th most available cap space - $2,232,538
  11. New Orleans - 29th most available cap space - $633,292
  12. Indianapolis - 30th most available cap space - $632,910



None of these teams will have any problems getting through the post-season---even New Orleans & Indianapolis who rank 29th & 30th respectively. The Saints & colts bring up the rear on this group of playoff teams: The Saints have $633,292 in available cap space, while the Colts have $632,910 left they can spend this season. Both teams are more than fine with respect to getting through the maximum possible 4 games they can play. The only teams who would have problems getting through the post-season form the list I'm about to provide would be the Rams and Giants. Of course, neither of those two teams have to worry about that.

I'll double check, but unless I'm mistaken, the carryover amounts for the 20 non-playoff teams going into 2014 will be taken from the figures below. Without further ado, here they are (listed in order of most cap space to least cap space and then in alphabetical order for the sake of easier reference). I'll list the cap numbers for all 32 clubs again in another 2 weeks, when the Conference Title games will be played, & another 8 teams will have been eliminated from the playoffs. Now, have a look at the figures below:




In order of most cap space to least cap space:
























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Alphabetical Order:






















Giants finish 2013 season with only $24,947 in available cap space

The Giants made their final three roster moves of the 2013 season on Christmas day, when they placed Safety Cooper Taylor on season-ending Injured Reserve for the last game (a split in his salary kicked in as a result, netting the Giants an additional $6,882.35 in cap room to work with), promoted OG Eric Herman from their Practice Squad to the 53-man roster, & signed CB Travis Howard to their Practice Squad. As a result, the Giants went from having $41,888 in available cap space, as per the NFLPA's public League Cap Report website, to having $24,947 in remaining available cap space---dead last in the entire league (assuming the 12 playoff teams don't suffer through more injuries than is humanly possible in the next few weeks during the playoffs). Check out how I arrived at this figure below:







Now, the NFLPA doesn't always update their database as quickly a they should. These transactions took place late in the afternoon/early evening on Wednesday, December 25th. The next day was a work day for the NFL, so these figures should have been updated then by the NFLPA. They weren't actually uploaded into the NFLPA's database until yesterday---9 days after they should have been. The fact that this figure wasn't updated by the NFLPA the next day, as one would expect, is not indicative of the fact that the 3 aforementioned transactions didn't take place. All it means is that their database wasn't updated, as was frequently the case throughout the summer and at points during the regular season not counting weekends and the evenings (the NFL workday is Monday through Friday from 8 am ET - 4 pm ET).

Now, as I've been pointing out all season long, ever since Jason Fitzgerald did so on his website (OverTheCap.com), the real and constantly updated Salary Cap figures are maintained by the NFL Management council. They hardly ever see the light of day, except in only a few instances (like this one). As far as the Giants' cap numbers are concerned, I've listed them in my previous post from 4 days ago on New Year's Eve titled "Final Cap numbers for all players on the Giants in 2013 (including Dead Money)".

The NFLPA's public League Cap Report website corresponds to mine with respect the Giants having 74 players whose current contracts count towards the 2013 salary cap, not counting Dead Money considerations. They carried over exactly $1,000,000 from 2012 into 2013, ranking them 26th out of 32 teams in this category, as I write about previously (click HERE to read about it). The Giants' remaining cap room amount of $24,947 this year at the end of the season ranks them 32nd out of 32 teams in the NFL. According to the NFLPA's public records, the Giants spent $124,066,337 in cap dollars in the 2013 season, which was $24,947 short of their adjusted cap threshold. I was $612,674 short of this amount since I had them pegged as having spent $123,453,663 in cap dollars in the 2013 season.

These figures are estimates, but not to toot my own horn--which I'll do anyway--but I was very accurate with my estimated figures, 99.51% to be exact. Where I came up a little short was most likely due to missed workout bonuses, as pointed out to me by a source. In any case, these numbers were pretty damned close. Kudos to Jason Fitzgerald and OverTheCap.com's 2013 Giants team salary cap page for the assist in keeping track of all this information, without which this blog would seriously suffer.

Tuesday, December 31, 2013

Final Cap numbers for all players on the Giants in 2013 (including Dead Money)

Here are the final cap numbers for the 2013 season for the players on the 53-man roster, Injured Reserve (13), & the 8-man Practice Squad. These cap numbers of these 74 players, when added together, come out to $114,251,153. This total, added to the Giants' overall final Dead Money total of $9,202,510 for this season comes out to $123,453,663.

These figures are courtesy of the Giants' salary cap page on OverTheCap.com. The only omission there is for OG Eric Herman. His cap number listed below is $23,824 (the lowest price that it costs to sign a player to a team's 53-man roster for a single week). I've calculated the Giants to be $24,947 under the salary cap to end the season (the lowest amount in the NFL). This is as per the NFL's public League Cap Report website. Without further ado, here are the cap numbers for the players on the Giants' 53-man roster:



Final cap numbers for the 2013 season for all players on the 53-man roster:



































































The positional breakdown for these 53 players is as follows:





*NOTE(S):

1 - Players whose cap numbers are shaded in gray have cap numbers that are equal to their salaries.

2 - Three of the players on the final 53-man roster were signed as Free Agents during the season: 
John Conner, Peyton Hillis, & Dallas Reynolds.

3 - Five of the players who are on the final 53-man roster were promoted from the Giants' Practice Squad: Charles James, Stephen Goodin, Marcus Dowtin, Julian Taley, & Eric Herman.





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Final cap numbers for the 2013 season for all 13 players on Injured Reserve:





















*NOTE(S):

1 - Players whose cap numbers are shaded in gray have cap numbers that are equal to their salaries.

2 - Two players who ended the season on Injured Reserve were signed as Free Agents during the season: Brandon Jacobs & Da'Rel Scott





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Final cap numbers for the 2013 season for all players on the 8-man Practice Squad:





*NOTE(S):

1 - Players whose cap numbers are shaded in gray have cap numbers that are equal to their salaries; all of the players on the Practice Squad fall into this category.

1 - All 8 of these players who ended the season on the Giants' Practice Squad were signed to Futures contracts for the 2014 season yesterday (December 30, 2013), which was the first day teams could go ahead and do so.





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Of the 74 players listed above, roughly a little more than a third of them (35%) have cap numbers that are exactly the same as their salaries. The cap numbers of these 26 players can be identified in the three tables depicted above by way of gray highlighting on the right-hand-most column. Their breakdown is as follows:
  • 14 players on the 53-man roster
  • All of the players on the 8-man Practice Squad
  • 4 players on Injured Reserve


They are listed below for the sake of reference as well:





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The Giants' Dead Money total for 2013 has been adjusted to be $9,202,510. This is $90,000 more than the figures that I listed last week. This difference is due to an extra $90,000 in Dead money for WR Julian Talley not being previously included when they should have (this adjustment is reflected on the Giants' team salary cap page on OverTheCap.com). 40 players are listed below for the Giants' Dead Money total this season. Their breakdown is as follows:
  • 31 of them are off the team completely
  • 6 are currently on the 53-man roster
  • 2 are currently on the Practice Squad
  • 1 is on Injured Reserve


The Dead Money amounts for all 40 of these players, as well as their status with the team, are as follows:




















































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This is the last post of the 2013 calendar year that I'm making. On a personal note, 2013 has been an interesting year with respect to starting up this blog. I started it just about 8 months ago, near the beginning of May, and I've learned a lot since then. I'm going to try and make some additions (possibly a brief podcast), to help add another dimension to what I'm doing here covering the Giants' cap. Twitter (@NYGCapCentral) has been an outstanding way to reach out to people, and communicate with others in the "cap community", for lack of a better word. Here's to an outstanding time covering the Giants' cap this year, and to an even better time in 2014 doing the same. To quote Billy Ray Valentine (played by the great Eddie Murphy) in Trading Places...