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2016 Los Angeles Rams: Salary Cap Update – Free Agency Edition
By Frank “Dubs” Dobozy @Bozy1313 on Feb 25, 2016, 8:00a
With the release of James Laurinaitis, Chris Long and Jared Cook last Friday, the Rams cleared close to $23 million in salary cap space. The new league year (and Free Agency) opens on March 9. What does the Rams’ financial position look like heading into the new league year?
2016 Player Contracts & Salary Cap Calculations
The accompanying chart presents the Los Angeles Rams’ detailed current offseason salary cap position as of February 24, 2016. It includes all current contracts, dead money and a breakdown of all related costs used in determining the Rams’ available salary cap space for 2016. It also includes all 10 of the Rams’ ERFA’s and the six players who were signed to reserve/future contracts in December.
2016 NFL Salary Cap – The league-wide salary cap has not yet been determined for 2016. In December,
2016 Salary Cap Carryover – The Rams have $2,178,544 million in salary cap space available for carryover and/or application against year-end salary cap charges from 2015.
Net League Adjustments – Adjustments include proven performance escalators, earned incentives and accrued workout bonuses.
Regular Season Adjustments – Adjustments include salary cap charges for Likely To Be Earned Incentives and game day roster bonuses.
Adjusted Team Salary Cap – The adjusted team salary cap is calculated by taking the league salary cap figure and adding/subtracting carryovers and net league adjustments.
Net “Top-51” Contractual Obligations – In the offseason, only the top 51 contracts in terms of cap hits (plus outstanding dead money) count against the Rams’ adjusted team salary cap.
Current Available Salary Cap Space – Current available salary cap space only takes into account obligations incurred to-date. It doesn’t account for additional financial obligations counting against the salary cap at various times during the year.
Additional Financial Obligations – Are obligations incurred by the Rams at varying times throughout the year. They must be budgeted for, as they count against the salary cap at different times during the year: Practice squad salaries – during the regular season, season-opening reserve – September, signing the rookie draft class – June, and 2 players added to make up the 53-man roster – September.
Available Salary Cap Space – The amount of money the Rams have remaining to spend on player contract obligations, without exceeding the salary cap. The calculation to determine the available salary cap space is: the dollar amount of the adjusted salary cap, less the total dollar value of current active contracts (cap hits) less any “dead money”.
Dead Money – The amount of money counting as cap hits in the current year, for players that are no longer with the team. These amounts consist of guaranteed money/bonuses/prorated amounts outstanding for 2016 (in some cases beyond 2016).
Salary Cap Figure (Hit) – Any contractual obligation counting against the salary cap in a particular year. It’s the sum of a players base salary, signing and/or other bonuses, and any incentives/escalators deemed to be earned.
The Salary Cap – The maximum amount a team can have in total cap hits, plus dead money, without incurring penalties imposed by the NFL. These penalties can be financial in nature and/or include the loss of draft picks.
Signing/Prorated vs Other Bonuses – A signing bonus can be defined in its literal sense. The signing bonus is spread out – prorated for cap purposes – evenly over the life of a contract. Other bonuses include roster, incentive, option, etc. bonuses that occur in different years of a contract, and in varying amounts.
Accrued Workout Bonuses – Are adjustments charged by the league, reducing a teams available salary cap space. These bonuses will reduce the Rams’ salary cap space by $506,600 on March 9. From the 2011 CBA:
“…all players will earn $175 a day for each day they participate in 2013. That per day number changes every other year, with the next increase slated for 2015. The NFL charges each team at the start of the 2015 league year a cap fee of $506,600 for minimum workouts on top of the contracted bonuses, so any reported cap space number between now and the start of the regular season needs to be reduced by $504,000. At the end of the workout period teams have their salary cap credited for money that was not earned.”
Prior Year Adjustments – The league adjusts/charges a teams’ current year salary cap for player incentives and performance escalators earned in the previous year.
Unadjusted Salary Cap – The base salary cap amount ($143.28 million in 2015) for each of the 32 NFL teams. As noted, I expect the 2016 league-wide salary cap to come in at $155 million.
Adjusted Team Salary Cap – The actual salary cap (after adjustments) for a particular team in the current league year. Each team will have a different figure for cap purposes.
Roster Detail – Currently, there are 52 players under contract for 2016 (this figure presumes the re-signing of all ERFA’s). Contracts run concurrently with the league year. The new league year begins on March 9.
Methodology – To derive salary cap figures and information, two main sources are used: the NFLPA and the 2011 Collective Bargaining Agreement. The NFLPA only publishes team salary cap details as team totals. Once the totals are established, I then compile information for individual contracts, ensuring they collectively add up to match the NFLPA totals. At last count, 83 sources have been used to compile data on the Rams’ individual contracts.
2016 NFL Salary CapOn December 1, 2015 (at the NFL owners meetings), the NFL Management Council announced an estimate of the NFL league-wide salary cap for 2016:
Club executives and cap managers given projection for 2016 salary cap today: $147 million-$153 million.
— Albert Breer (@AlbertBreer) December 1, 2015
The NFL league office is notorious for underestimating the following years salary cap at their December meetings. A lower estimate discourages team salary cap managers and executives from spending too much money on long-term contracts before the actual salary cap figures are announced in late February. At the December 2014 meetings, the owners were given an estimate of $138.6 million-$141.8 million for the 2015 salary cap. The actual figure (announced in late February, 2015) was $143.28 million.
The stable, continued growth of television contract revenues throughout the life of the current CBA ensures similar growth in the salary cap from year-to-year. In addition, the NFLPA recently won a case against the NFL (re withholding up to $120 million in shared revenue). It could add an estimated $1.5 million to each teams 2016 salary cap. With all of that in mind, I estimate the 2016 salary cap will come in at $155 million when announced in late February.
Compliance with the minimum cash spending requirements of the 2011 CBA could have an impact on how much money is spent by teams this offseason. The minimum cash spending requirement is in relation to the salary cap “floor” instituted in the new CBA. The final eight years of the CBA are broken out into four-year periods (2013-2016 and 2017-2020). In each period, teams are required to spend up to 89% of the salary cap, with a guaranteed league-wide spending amount reaching 95%.
The consequences for non-compliance with the minimum cash spending requirements? The league/clubs must pay the difference to the players. Compliance will likely put upward pressure on salary commitments and increase demand for players in Free Agency this offseason.
St. Louis Rams’ 2016 Offseason Salary Cap Space
The Rams currently have 52 players under contract for 2016, with salary cap hits totalling close to $96.7 million. In addition, the Rams will incur the following estimated costs counting against the salary cap in 2016:
As noted, my estimate for the 2016 league-wide salary cap is $155 million. Barring unforeseen circumstances, the Rams will also carry over $2,178,544 million in salary cap space from 2015 to 2016 (making the Rams’ Adjusted Team Salary Cap $157,178,544 million).
The Rams will have an estimated $50.5 million ($157.2M less $106.7M) in Available Salary Cap Space this offseason for re-signing their own Free Agents and/or Free Agents from other teams. If the Rams can successfully structure their new contracts without backloading them, they will likely be able to re-sign as many of their own Free Agents as desired.
The so-called salary cap experts rarely, if ever, account for these additional costs in determining available salary cap space. You can be certain Kevin Demoff accounts for/factors in every penny that is (and will be) spent in 2016.
St. Louis Rams 2016 Free Agents
The following 28 players are currently eligible for Free Agency in 2016 (after this season). ERFA’s (Exclusive Rights Free Agents) have two or less accrued years in the league (the Rams have total control over these players). RFA’s (Restricted Free Agents) have three accrued years in the league. UFA’s (Unrestricted Free Agents) have 4 or more accrued years in the league. In each instance, their contracts will have been fulfilled at the end of this season. Each type of Free Agent designation is accompanied by a certain level of team control. Included in the chart is an estimate of what each player can expect to earn (average per year) in their next contract. Who will the Rams attempt to re-sign?
I think the ERFAs are already counted against the roster.
This matches my estimate of ~50 million cap space that I did in a different thread. Although he was off on the carry over. It is 0.9 million not 2.2 million.
AgamemnonAaron Donald — best lineman in the NFL — cap hit 2,700,000.
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vYeah, enjoy it while you can. 😉
Agamemnon
It appears that the RFAs are accounted for in is salary cap hits. If that is true, we might be in better shape than I thought?
We would then have 50 million to spend on these FAs:
TE Cory Harkey UFA 2,000,000
DT Nick Fairley UFA 4,750,000
DE Eugene Sims UFA 2,000,000
DE William Hayes UFA 6,250,000CB Janoris Jenkins UFA 10,000,000
CB Trumaine Johnson UFA 9,250,000SS Mark Barron UFA 4,750,000
FS Rodney McLeod UFA 3,650,000—————————————————
TOTAL = 43,650,000
WR Brian Quick UFA 1,500,000
C Tim Barnes UFA 750,000
K Greg Zuerlein UFA 1,750,000
—————————————————
TOTAL = 4,000,000
———————————-
2016 Additional Financial Obligations (est.) $10,000,000
————————————————
TOTAL = 57,650,000
Available Salary Cap Space 60,508,832
————————————————-
TOTAL = `3,000,000 left for ?, 2017 FAs.
His stuff isn’t exact and it has a few minor mistakes, but it appears close enough to use for a template of how much we can pay for each of our FAs. imo
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This kind of information gets obsolete after after a few moves are made, but that is the nature of this kind of projection. At least we seem to have fairly close ballpark figures. imoDemoff can’t get too fancy with his contracts, putting porportionally more money in later year/s, cause we have the same things to do next year. Like signing these guys.
Tavon Austin
Michael Brockers
Alec Ogletree
TJ McDonaldAnd eventually Arron Donald and a QB at full price. etc. etc.
AgamemnonThe NFL and NFLPA have finalized a 2016 salary cap of a $155.27 million per team, per sources.
— Tom Pelissero (@TomPelissero) February 26, 2016
AgamemnonWith salary cap set at $155.27 million per team, Rams have $58.57 million in cap space according to latest NFL Players Association figures.
— Jim Thomas (@jthom1) February 27, 2016
Tx, zn. This shows the JT gets his figures from the best source.
AgamemnonRFA Tenders should now be:
ROFR- $1.671M
2nd rnd-$2.553M
1st rnd- $3.635M— Jason_OTC (@Jason_OTC) February 27, 2016
AgamemnonFind this article at:
http://www.nfl.com/news/story/0ap3000000636218/article/estimated-2016-franchise-tag-figures
Estimated 2016 franchise tag figuresBy Kevin Patra
Around the NFL writer
Published: Feb. 15, 2016 at 01:18 p.m.
Updated: Feb. 15, 2016 at 01:27 p.m.Tuesday marks the first day of a two-week window during which NFL teams can use the Franchise or Transition tag on players set to become free agents.
Around The NFL’s Chris Wesseling already weighed in on who is likely or unlikely to get slapped with the tag.
The question is how much is each tag worth? When the Broncos franchise Von Miller, what is the one-year figure going to be?
Every game, all seasonWhile we won’t have an exact figure until after the salary cap is officially set, we do have a guesstimation.
NFL Media’s Albert Breer reported in December that teams were given a projected 2016 cap of between $147 to $153 million. As Breer notes, the cap range given to teams for budgeting purposes tends to be on the low end. Therefore, if we use $153 million as our starting point (an increase of just under $9 million from last season) we can estimate the franchise tag cost for each position (transition tag in parenthesis).
Quarterback: $19.6 million ($17.5 million)
Defensive end: $15.4 million ($12.5 million)
Wide Receiver: $14.4 million ($12.0 million)
Linebacker: $14.0 million ($11.7 million)
Cornerback: $13.7 million ($11.7 million)
Offensive line: $13.5 million ($11.7 million)
Defensive tackle: $13.4 million ($10.7 million)
Running back: $11.5 million ($9.5 million)
Safety: $10.6 million ($9.0 million)
Tight End: $9.0 million ($7.6 million)
Kicker/Punter: $4.5 million ($4.0 million)If the salary cap rises even more than $153 million, these one-year figures would also increase accordingly.
The transition tag is about 12 million a year, but they can’t afford to lose both. imo
Agamemnon2016 franchise and transition tag numbers
2016 franchise and transition tag numbers
Posted by Mike Florio on February 27, 2016, 11:26 AM ESTNow that the salary cap has been set at a whopping $155.27 million for 2016, the franchise and transition tags for the coming league year can be calculated. Fortunately, someone better at calculating things than me has done the calculating.
The franchise and transition tag numbers for each position appear below. The first number is the nonexclusive franchise tag; the second is the transition tag.
Quarterback: $19.953 million/$17.696 million.
Running back: $11.789 million/$9.647 million.
Receiver: $14.599 million/$12.268 million.
Tight end: $9.118 million/$7.713 million.
Offensive line: $13.706 million/$11.902 million.
Defensive end: $15.701 million/$12.734 million.
Defensive tackle: $13.615 million/$10.875 million.
Linebacker: $14.129 million/$11.925 million.
Cornerback: $13.952 million/$11.913 million.
Safety: $10.806 million/$9.116 million.
Kicker/punter: $4.572 million/$4.123 million.
Agamemnon
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