Salary Cap Information

Discussion in 'Hard Knocks' started by Ryty, Oct 25, 2011.

  1. Ryty

    Ryty Over the Cap

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    Since there have been many questions about the new XFN cap, I figured I would try to explain how we are proceeding.

    First, here is our current status - (teams in the red box are complete) I'm hoping to have all caps updated on XFN by the weekend.

    [​IMG]

    Next, I want to show how we are calculating the new salaries - (Cimmy and I are doing the entries)

    Step 1 - Go into league manager and pull up each contract, player by player. Example -

    Cody Hoppes (the future and best TE in HK)

    [​IMG]

    Step 2 - Place the salary in year 1 (3,300,000) in the year 1 column, year 2 in the year 2 column, etc... on XFN -

    [​IMG]


    Step 3 - Enter the bonus. In Hoppes case, we just add up the 200,000 year bonus and multiply by the 3 years he has left on his contract. In this case, we would put 600,000 in the bonus column.

    PLEASE NOTE - In LM, some players had guaranteed money backloaded; an example - Jason Witten. Mr. Witten makes $3,600,000 in year 7 of his deal. On XFN, his total bonus would be amortized over 6 years. We would add 1.6M + 1.5M + 2M + 2.5M + 3M + 3.6M = 14.2M in the bonus bucket. 14.2M / 6 years = 2.36M bonus applied to Witten's cap annually. Therefore, the Cowboys owner would have a larger cap hit in year 1 on XFN than he had in LM. HOWEVER, as we move forward, XFN's contracts will be beneficial to the those that have backloaded bonus money.

    [​IMG]

    So, this is what were are doing. As you can see, it is extremely manual. As with every manual process, there is potential for errors. Therefore, please make sure that you check our work when we are complete. If you see any mistakes, please let Cimmy or myself know. We will make the change ASAP.

    Again, sorry for the confusion on this. I really think the move the XFN is better for this league in the short run and especially in the long run.
     
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  2. Ryty

    Ryty Over the Cap

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    Also, if you are over the cap due to the move from LM, we are going to allow cuts without cap hits until you are under the 126.5M Cap. Let me know if you have questions.
     
  3. Iron Mickey

    Iron Mickey I'd take her out for some casadias

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    You guys are making my head hurt and I'm not even in this league!
     
  4. controllerabuser

    controllerabuser Purple People Eaters

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    [​IMG]
     
  5. BobJr

    BobJr To each their own

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    not hard to do tho right? :)
     
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  6. G_T_G

    G_T_G BEAR DOWN

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    LOL

    Rams are 32 mil over the cap - I know its wrong, but still funny haha..
     
  7. Iron Mickey

    Iron Mickey I'd take her out for some casadias

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    Hard, I guess not if your this man...

    [​IMG]

    lmao...Joking. Nah it doesn't look to hard mentally. But it looks tasking and a long pain in the ass process
     
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  8. BobJr

    BobJr To each their own

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    Yea i was just kidding with you..nah its a pain in the ass, but with the way LM was fucking up...we got tired of it.
     
  9. Ryty

    Ryty Over the Cap

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    Three more caps complete (Thanks Bob and Cimmy) -

    1. Vikings - 9.1M in cap space
    2. Titans - 18.3M in cap space
    3. Redskins - 7M in cap space

    thebouncer24
    CA
    SteamboatReb
     
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  10. Zikry

    Zikry Walk On

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    I'm hoping they are WAYYYYYYYYY off or we got some PROBLEMS in St Lou.
     
  11. Ryty

    Ryty Over the Cap

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    More user caps finished -

    1. Carolina - 273K in cap space
    2. St. Louis - 11.1M in cap space (much better than 32M)

    Zikry
     
  12. Zikry

    Zikry Walk On

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    [​IMG]

    thanks RY!!!​
     
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  13. DC

    DC Shake n Bake

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    bad i know that guys name
     
  14. BobJr

    BobJr To each their own

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    [​IMG]
     
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  15. Emmdotfrisk

    Emmdotfrisk Working half days on my days off.

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    LOL
     
  16. Yeah_Dog

    Yeah_Dog Walk On

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    Hey ryty32 - Im the proud new owner of NE - sharpen your pencil and get me a little cap space please - I need all the help I can get !!!!! 10 -12 million should do it...
     
  17. Ryty

    Ryty Over the Cap

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    *UPDATE*

    I wanted to make one other item clear to everyone. If you cut someone on XFN, the full cap penalty impacts your next season.

    For example:

    Jason Hunter was recently cut. By cutting him in 2012, the user would incur the full cap penalty of $250,000 (the remaining bonus left) in the next season or 2013. With free agents and rookies demanding more guaranteed money on XFN, cutting players could be a bigger deal in the upcoming seasons.

    [​IMG]

    cadepetty247
    Emmdotfrisk
    ryty32
    sdid22
    _MG_
    CA
    zf10
    cp0990
    DerekC
    Matt54987
    forever97
    thebouncer24
    Cimmy24
    DrunkenSoldier
    G_T_G
    SteamboatReb
    H22APWRD94
    redwings8831
    Zikry
    Yeah_Dog
    wayers50
    NDCOLTS1979
    alteima
     
  18. controllerabuser

    controllerabuser Purple People Eaters

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    I'm drinking right now, I won't remember this in the morning. Can you re-tag me?
     
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  19. alteima

    alteima Walk On

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    i am the one that cut hunter...i realize that the remaining bonus would be against my next years budget...i dont have a real good grasp tho of the contract situations in xfn yet tho. at the moment my denver team is/was 9.2 mil over the cap....but i have a bunch of guys that i can cut (recently made aware that i need to stay above 50 roster spots...sorry). but ty warren(4mil), j.hunter(2.28, 250k bonus), OL heitman + hochstein(5mil in cap) ...that would seem the easiest to me.
     
  20. Ryty

    Ryty Over the Cap

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    Yeah....definitely wasn't picking on you. Just using a recent cut as an example. It sounds like your cuts make sense.
     
  21. G_T_G

    G_T_G BEAR DOWN

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    Damn - so do we still keep our cap hit from the LM releases, like I still have a Dunta Robinson cap hit of $2 mil for the next couple seasons..

    So its all up front now on huh - that's gonna be expensive.
     
  22. Ryty

    Ryty Over the Cap

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    All prior cap hits will be allocated as you planned. I have a separate list.
     
  23. cp0990

    cp0990 Walk On

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    i wish that was right ..i would love if the ravens had 37 mil in cap room lol
     
  24. NDCOLTS1979

    NDCOLTS1979 I love you red solo cup

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    Can someone check my numbers in the team management thread. Not positive i am right
     
  25. Ryty

    Ryty Over the Cap

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    I will check the ravens and colts tonight
     

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