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Minor cap increase can result in major spending

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This year’s version of the crop report has not yet been disclosed, in part because it still hasn’t been determined.  But the indications are that the salary cap will increase more than expected.

As mentioned on Tuesday, a source with knowledge of the situation tells PFT that the cap will be at least $122 million.  Which means it will be at least $1 million more than widely reported and believed.

So what’s the difference between $121 million and $122 million?  Glad you asked.  (Even if you didn’t.)

Apart from the obvious “32 teams times $1 million” calculation, increasing the cap by $1 million easily becomes a $5 million expenditure for a team.  Since signing bonuses and other guaranteed payments are prorated, and because the salary cap never goes down, an extra million in cap space easily becomes another $5 million in current-year spending.

Which under the obvious “32 teams times $5 million” calculation becomes $160 million dollars.

So that’s why the cap being even only $1 million more than expected is a big deal.  And there’s a chance it could be even more than $1 million more than expected.

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17 Responses to “Minor cap increase can result in major spending”
  1. jjthesportsguy says: Feb 20, 2013 3:57 PM

    Maybe the Jets will have room for Jamarcus Russell now.

  2. whatnojets says: Feb 20, 2013 3:57 PM

    Great post Mike!

  3. bmoreexcellent2eachother says: Feb 20, 2013 4:02 PM

    that doesn’t explain anything.

  4. romo2witten says: Feb 20, 2013 4:05 PM

    Maybe the NFL will take more cap space from a couple of teams at the last minute for no good reason to bump up the cap number.

  5. n0hopeleft says: Feb 20, 2013 4:08 PM

    Que the Skins and Cowboys fans that will continue to cry for the next decade about their stolen cap money, and use it as an excuse as to why they still don’t have a significant win in decades.

  6. rg3sus says: Feb 20, 2013 4:10 PM

    Best article of the day. Wouldn’t think that one million would mean a darn thing. Really puts it in perspective

  7. trollaikman8 says: Feb 20, 2013 4:25 PM

    Nobody cross Mara for the next couple of months.

  8. therealsmiley says: Feb 20, 2013 4:26 PM

    Since they stole our cap money we took the division. Hail!

  9. melikefootball says: Feb 20, 2013 4:26 PM

    Maybe they could pay some federal income tax now.

  10. clw1906 says: Feb 20, 2013 4:32 PM

    n0hopeleft says:
    Feb 20, 2013 4:08 PM
    Que the Skins and Cowboys fans that will continue to cry for the next decade about their stolen cap money, and use it as an excuse as to why they still don’t have a significant win in decades.

    Cue the idiots that don’t understand it’s not about those teams but the fact they colluded. Way to be the first. Good job!!!

  11. seanje says: Feb 20, 2013 4:37 PM

    This really only makes sense for teams working at the margins. Needless to say, that’s not every team, and the new cap floor penalties are ridiculously lax, by the way, so don’t expect that to change all that much.

  12. cooklynn17 says: Feb 20, 2013 4:40 PM

    Except for Dallas and Washington……

    Eat your heart out haters……John Mara Lives

  13. edithpiaf51 says: Feb 20, 2013 6:08 PM

    Is raising the cap slightly with lots more spending like raising the debt ceiling? LOL

  14. lbmclean says: Feb 20, 2013 7:16 PM

    out of 32 teams how many can afford to use extra cap space for spending? if you are gonna have cap issues in 2014 onwards would it be wise to spend it, just cuz you have it?

  15. poolboy87 says: Feb 20, 2013 10:13 PM

    Que the Skins and Cowboys fans that will continue to cry for the next decade about their stolen cap money, and use it as an excuse as to why they still don’t have a significant win in decades.

    ————————————————-

    Cue the idiot that doesn’t know the difference between “que” and “cue”…but still thinks he understands the situation that went down last year.

  16. oldlineman says: Feb 21, 2013 5:14 AM

    Okay. Um, Can you repeat the part of the stuff where you said all about uhh, things?

  17. 69firebird says: Feb 21, 2013 10:53 AM

    Is there anything more stupid that reporting “a source with knowledge”? Wasn’t PFT first reporting no increase in the cap, then later a small increase in the cap and now that even though its a million increase it really means 5 million and then the 5 million turns into 160 million!!! AMAZING JOURNALISM!!

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