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Cap Situation

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Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

At the end of the season we were originally

  • over Cap Space: -$55,031,921
  • Offense: $177,788,346
  • Defense: $100,147,238
  • Special: $7,020,079


Bucs have restructured contracts with veterans Vita Vea, Carlton Davis, Ryan Jensen and Chris Godwin to create $44 million in 2023 cap space.

The Bucs are moved Gage’s $10 million salary cap hit to $7 million, but making it fully guaranteed.

Trading Mason allows the Bucs to save $5.272 million worth of salary cap space. The Bucs will absorb a dead cap hit of $4.304 million this season from Mason’s contract but also saves $1.08 million that was counting against cap each year in 2024, 2025, 2026.

Combined with the expected cuts of  Leonard Fournette and Cameron Brate - The Bucs can save $2,030,000 if they release Brate, $3,470,588 if they let go of Fournette, and $3,250,000 by cutting Succop. Those three combined get the Bucs $8,750,580.

Evans is on the last year of his current deal. The Bucs owe him $14.5 million in cash on a $23,698,500 salary cap hit. If the Bucs decided to give him a two-year, $40 million extension they could lower his 2023 cap hit by $11,500,000.

White, 2023 on his fifth-year option for $11,706,000. The team could tear that option up and replace it with a brand-new contract. That contract I have previously projected at five years and $102.5 million. If that were to happen, they could save an additional $2,206,000 on the cap.

 

without those above moves we’re currently here:

  • Team Cap Space: $2,996,203
  • Offense: $115,816,110
  • Defense: $77,348,119
  • Special: $7,520,079
 
Posted : Mar. 15, 2023 9:44 am
Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

Releasing Leonard Fournette, Cameron Brate, and Ryan Succop get the Bucs $8,750,580 in additional cap space  

Evans, If the Bucs decided to give him a two-year, $40 million extension they could lower his 2023 cap hit by $11,500,000.

White, at five years and $102.5 million save an additional $2,206,000 on the cap.

Shaquil Barrett ($21,252,941 - current salary). If we restructure we could save:

$9,813,750
  • Current Team Cap Space: $2,996,203

Cutting Leonard, Brate, and Succop: $8,750,580

Restructuring Evans and Barrett: $11,500,000 + $9,813,750 (21,313,750)

 

Extending White: $2,206,000

Total Savings: $33,019

Add current cap space: $36,218

 

We BETTER are-sign Lavonte David.. we have the means… extending White does is minimal. Keeping David is invaluable. 

 
Posted : Mar. 15, 2023 10:08 am
Avatar Of Greattimes
(@badtimes)
Posts: 364
Gunner
 

So the Bucs are almost 3 million under the salary cap and need to sign a second QB, have 10 million for a draft class and would hope to sign LVD. The Bucs gotta make some more cap space.

 
Posted : Mar. 15, 2023 10:33 am
Avatar Of Firebowles2023
(@firebowles2023)
Posts: 3824
Captain
 

I didn't mind the Julio signing if we were going to have an offensive identity that matched it...

You don't go and sign Mason (pass pro), Gage, and Julio... then turn around and draft a rb round 3 and resign Fournette and say we are a power run team after losing Marpet.

The off-season was the heart and the brain not communicating with one another 

 
Posted : Mar. 15, 2023 11:01 am
Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

Posted by: @firebowles2023

I didn't mind the Julio signing if we were going to have an offensive identity that matched it...

You don't go and sign Mason (pass pro), Gage, and Julio... then turn around and draft a rb round 3 and resign Fournette and say we are a power run team after losing Marpet.

The off-season was the heart and the brain not communicating with one another 

 

really well said,

 

the problem honestly was Brady was a statue. He was getting rid of the ball on record time and the fastest in the NFL. Mostly because our pass pro (Smith, Goedke, etc.) WAS AWFUL!

 

So we couldn’t do much risk it and got no biscuit because plays couldn’t develop. 

 

 
Posted : Mar. 15, 2023 11:09 am
Avatar Of Greattimes
(@badtimes)
Posts: 364
Gunner
 

What is the Bucs cap situation after signing Mayfield, LVD and Nelson?

 
Posted : Mar. 15, 2023 2:59 pm
Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

Posted by: @badtimes

What is the Bucs cap situation after signing Mayfield, LVD and Nelson?

BUCCANEERS
• Current Cap Space: $2,996,203

• Cut:
- Leonard, Brate, and Succop: Creates $8,750,580 (Pre-June 1 Cut #’s)
• Restructure:
- Evans and Barrett: Creates $11,500,000 + $9,813,750 ($21,313,750)
• Extend:
- White: Creates $2,206,000

•• Total Savings By above Moves:
- $33,019,000

••• Add current cap space:

- $36,218,000

• Also can, Extend:
- Wirfs: creates $1,742,914

•• FINAL TOTAL CAP IF ALL MOVES DONE:
- $37,960,914 cap space

Have to have $9-10M in cap space to sign the draft picks. Current Cap Space: $2,996,203.

Today we signed (none of them are official yet...):
- Lavonte David: 1yr/$7M
- Anthony Nelson: 2yr/$11M
- Baker Mayfield: 1yr/$8.5M

That's $15.5M for Baker and LVD plus whatever they're paying Anthony Nelson this year. While our current Cap Space is (was) only $2,996,203 and we have to have $9-10M in cap space to sign the draft picks.

 

So, if Anthony Nelson is making $5M of the $11M this year, add that to the $15.5M and today we spent $20.5M I think?

So, we should be NEGATIVE -$17M against the cap and hence why we need to do some of those above moves...

 

 
Posted : Mar. 15, 2023 3:17 pm
Avatar Of Blayton Cigsby
(@bucsbits)
Posts: 6818
Captain
 

That sound you hear is JC’s head exploding after reading this from PR

 

”The Bucs have done so much in free agency with so little in terms of financial resources. Very impressive start for Jason Licht and Mike Greenberg!”

 
Posted : Mar. 15, 2023 6:03 pm
Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

Today we spent $20.5M I think?

So, we should be NEGATIVE -$17M against the cap and hence why we need to do some of those moves PR and others have pointed out.

 

I have no idea how the Saints have already made 8 free agency moves given their cap situation… shocked Jamies got $8M too..

Signed: QB Derek Carr(four years, $150 million)
Re-signed: TE Juwan Johnson(two years, $12 million)

Re-signed: Edge Tanoh Kpassagnon (two years, $6 million)
Re-signed: S J.T. Gray (three years, $9.6 million)
Re-signed: QB Jameis Winston (one year, $8,000,000)
Re-signed: WR Michael Thomas(one year, $10,000,000)
Signed: DI Khalen Saunders (three years up to $14,500,000)
Signed: Nathan Shepherd (three years, $15,000,000)
Signed: RB Jamaal Williams (three years, $12,000,000)

 
Posted : Mar. 15, 2023 8:33 pm
Avatar Of Debucsown
(@debucsown)
Posts: 1454
First Mate
 

Posted by: @jc5100

Updated dead money from void years. 

2024

Evans 12.2

Brady 10.8

Mason 3.2

David 2.3

Brate 2

Julio 0.9

Total $31.4M

2025

Godwin 18.9

Jensen 11.8

Brady 10.8

Barrett 9.6

Davis 8

Evans 4.8

David 2.3

Mason 1.1

Brate 1

Julio 0.9

Total $68.2M

2026

Godwin 7.5

Jensen 4.8

Barrett 2.9

Brady 2.8

Davis 2.7

Evans 2.6

Mason 1

Julio 0.9

Total $25.2

Terrible job by the Glazers for allowing this

 

Not sure where you got those #

 

here is the correct ones

 

https://overthecap.com/salary-cap/tampa-bay-buccaneers

 

 
Posted : Mar. 15, 2023 8:41 pm
M_J
 m_j
(@m_j)
Posts: 308
Gunner
 

we somehow squeezed under the cap yesterday, some losses but nothing tragical (unless we talk about TB12 retirement) .... we'll see how that develops.

This post was modified 2 years ago 2 times by m_j
 
Posted : Mar. 16, 2023 4:20 am
Avatar Of Jc5100
(@jc5100)
Posts: 1453
First Mate
 

Posted by: @bucsbits

That sound you hear is JC’s head exploding after reading this from PR

 

”The Bucs have done so much in free agency with so little in terms of financial resources. Very impressive start for Jason Licht and Mike Greenberg!”

Because they're spending future cap space. Licht and Greenberg are running a Ponzi scheme. This isn't something to be celebrated. 

 

 
Posted : Mar. 16, 2023 7:22 am
Avatar Of Jc5100
(@jc5100)
Posts: 1453
First Mate
 

Bucs are paying Gage, Nelson and Mayfield through 2027. Cap geniuses!!!!!

 
Posted : Mar. 16, 2023 7:37 am
Avatar Of Blayton Cigsby
(@bucsbits)
Posts: 6818
Captain
 

Posted by: @jc5100

Posted by: @bucsbits

That sound you hear is JC’s head exploding after reading this from PR

 

”The Bucs have done so much in free agency with so little in terms of financial resources. Very impressive start for Jason Licht and Mike Greenberg!”

Because they're spending future cap space. Licht and Greenberg are running a Ponzi scheme. This isn't something to be celebrated. 

 

 

lol

 

 
Posted : Mar. 16, 2023 7:56 am
Avatar Of Armybuc91
(@armybuc91)
Posts: 108
Master At Arms
Topic starter
 

Posted by: @jc5100

Bucs are paying Gage, Nelson and Mayfield through 2027. Cap geniuses!!!!!

If that’s true, at least they’re actually on the team and contributing for multiple years (Gage, Nelson) and have potential (Mayfield). 

Given the dire cal situation, honestly, Licht is making magic happen so far. 

 

 
Posted : Mar. 16, 2023 8:57 am
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