Steelers Cap Situation
Does anybody know an accurate resource for the Steelers cap situation with regards to every player counted on the cap? If so please let me know.
I would like to see where they spending their money position by position and how much space they should have.
300 characterssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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27 comments
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cap room
The cap is an inexact science with all the bonuses but these guys have done a good job of getting as close as they can.
by cgolden on Feb 5, 2008 7:41 AM EST reply actions 0 recs
cap
You are correct to say the numbers aren't 100% correct. However, I believe they are as good as can be with available data.
I keep my eyes open online and have a couple 'sources.'
by steelersalarycap on Feb 6, 2008 11:02 PM EST up reply actions 0 recs
Madden
by smashmouthsteel on Feb 5, 2008 11:20 AM EST reply actions 0 recs
Madden
by cgolden on Feb 6, 2008 8:04 AM EST up reply actions 0 recs
madden
by steelersalarycap on Feb 6, 2008 11:03 PM EST up reply actions 0 recs
That is some great stuff
by maryrose on Feb 5, 2008 3:34 PM EST reply actions 0 recs
cap
Workout bonus - A form of a LTBE. It is what it seems. A bonus based on a player working out. All players receive money to workout - per the CBA between the NFL and NFLPA. However, some players have additional bonus money included into their contracts.
LTBE - Likely to Be Earned. Incentive-tye bonuses (could be an individual-based incentive or a team-based incentive) based on an incentive. The CBA clearly defines what bonuses are LTBE and what are NLTBE (Not Likely To Be Earned). For the salary cap purposes, incentives deemed LTBE count towards that year salary cap. Incentive bonuses deemd NLTBE do not count towards that years salary cap. HOWEVER, all money paid to a player eventually counts toward the cap. Therefore, if a player in 2007 had a LTBE bonus (threfore, it counted against the 2007 cap) and this bonus was NOT earned the team gets a credit at the end of that year. ON the flip side, if a bonus was a NLTBE, but was earned would result in a salary cap minus at the the end of the year. This is why all teams have an adjusted salary cap...the adjustment is the difference between LTBE that were NOT earned and NLTBE bonuses that were earned (atleast, this is a very basic explanation...the CBA is not basic).
Deion - Is something )named after Deion Sander, that prevents teams from backloading contracts with the anticipation of an uncapped year. Deion charges only apply when there might be an uncapped year. Prior to the 2006 CBA extension, the was the possibility of an uncapped year. The Deion Rule prevents teams from structuring contracts with more than a 30% increase in salary cap value...from one year to the next. AGAIN, THIS IS ONLY WHEN AN UNCAPPED YEAR IS A POSSIBLITIY. Teams had to adjust players' salary cap values (with a Deion credit) to be in compliance with the Deion Rule. Now, the teams are getting the credits back. http://www.steelersalarycap.com/player/BenRoethlisberger.htm Ben had to increase his cap value...now those increases are being given back..hence the negative Deion Charge. Again, the CBA is a bit confusing, this is just a quick explanation.
If a player is cut, their base salaries do not count. (there are exceptions...) If a player is cut, any money already paid to that player still counts...any money not paid does not count (atleast most of the time - not always). Typically, base salaries are paid in 17 equal "checks." Starting the first week of the season...16 weeks in a season plus one bye week.
by steelersalarycap on Feb 6, 2008 11:23 PM EST up reply actions 0 recs
I have another question about the cap
by maryrose on Feb 5, 2008 6:48 PM EST reply actions 0 recs
incentives
by steelersalarycap on Feb 6, 2008 11:30 PM EST up reply actions 0 recs
Sorry folks, another question...
by maryrose on Feb 5, 2008 6:56 PM EST reply actions 0 recs
cap
Incentives are more tricky. I have heard/read that whether incentives count against the cap has something to do with whether they are considered 'reasonably attainable.' I have no idea how or who determines 'reasonably attainable' though.
That page has a link to a Bengals page and you might be to search for other teams.
I might have to see if one of these guys would mind giving us a short 'cap education' sometime this offseason. I know it's something that I know very little about and the more I learn the more I realize I didn't know.
by cgolden on Feb 6, 2008 8:16 AM EST up reply actions 0 recs
Reasonably attainable
by WolfpackSteelersFan on Feb 6, 2008 11:29 AM EST up reply actions 0 recs
other teams
A fellow cap guru does keep track of all teams salary cap...he has them for all to see. They are all excel spreadsheets that need downloaded.
http://www.ianwhetstone.com/football/cap.html
Oh, he is a huge steeler fan as well. We email info to each other wit regards to cap data.
by steelersalarycap on Feb 6, 2008 11:33 PM EST up reply actions 0 recs
I'm not informed enough
Thanks SalaryCap for all your help here.
by maryrose on Feb 7, 2008 9:04 AM EST up reply actions 0 recs
How teams play the system
The player and the team both knew it was never going to happen, but since it was "reasonably attainable" it counted toward the 2007 cap.
Now the kicker. Since it didn't happen and the Browns didn't spend that money in 07, they get to carry it into 2008. While the NFL cap this season is $116M, the Browns get to tack on another $8M to make up for what they didn't spend and knew they weren't going to.
Of course all teams know this little trick and you can only use it if you are under cap in the first place.
by maryrose on Feb 6, 2008 11:59 AM EST reply actions 0 recs
lopo
Basically, per the CBA, any incentive type bonus given to a player during the season automatically counts as a LTBE.
So the Steelers could sign Ben to a new contract in week two of the season. The new contract could be exactly the same as his old one (with regards to his base salaries and such), but have one new incentive...say if Ben gets 89 special teams tackles he gets $14 million. Now, Ben doesn't play special teams and would never earn that bonus. However, IF THE STEELERS HAD $14 MILLION OF CAP SPACE (the key to this loop-hole), Ben doesn't earn the LTBE; therefore, it counts a +$14million towards the Steelers adjustment for the next year's salary cap.
The owner wanted to fix the loophole during the 2006 CBA talks. The NFLPA, did not want it fixed. Apparently, the NFLPA won with regards to the loop-hole.
by steelersalarycap on Feb 6, 2008 11:41 PM EST up reply actions 0 recs
Thanks SalaryCap
by maryrose on Feb 7, 2008 8:51 AM EST up reply actions 0 recs
That's the loophole
So it doesn't matter how crazy the incentive is, it's considered LTBE. Thats the genius of it.
by cgolden on Feb 7, 2008 9:31 AM EST up reply actions 0 recs
loop
As I stated earlier, the CBA has specific rules to determine if an incentive-type bonus is LTBE or NLTBE (even for rookies - for rookies it is based primarily on draft position).
So for 2008 salary cap, the Steelers look at who has incentive-type of bonuses in 2008. They then look at 2007 stats to determine if that bonus is LTBE or NLTBE.
This is a pretty fair system. However, the problem the NFL/NFLPA encountered was 'what to do with contracts signed during the actual season.' How can a team determine if the bonus is LTBE or NLTBE...look at the part of the year to date stats??..still look at last years' stats????
They decided to just say ANY incentive-type bonus included in a contract signed during the season is automatically deemed LTBE (for that season...the seasons after the regular rules appy).
One must keep in mind - the team has to have the available salary cap space to use the loophole....the bonus is LTBE; therefore counts towards the cap. So the team needs to have the available cap space for the bonus.
Teams normally get a player to sign a new contract in December...the contract is identical to that players previous contract, but has an incentive for an amount close to the teams available salary cap space.
So to complete the loophole, at the end of the season (included in each teams LTBE/NLTBE salary cap adjustment), the teams with these bogus LTBE get a 'refund' towards their next years cap.
The Steelers do not use this loophole; however, the Steelers are typically very close to the salary cap limit.
by steelersalarycap on Feb 7, 2008 12:06 PM EST up reply actions 0 recs
So is it safe to conclude...
by maryrose on Feb 7, 2008 2:32 PM EST up reply actions 0 recs
yes
by cgolden on Feb 7, 2008 2:39 PM EST up reply actions 0 recs
nice site
Good stuff. It is now one on my favorites list, so I'll be reading along. I don't post much...I do enjoy talking salry cap, though.
I am working on my steelers 2008 offseason projection article...I've written one the past several years...last years is still on my site under the articles link.
I do not normally write about the salary cap rules...the CBA is bit confusing. It is difficult to easily explain. Most "rules" have exceptions.
Reading the 2007 projectin article may give someone a better understanding.
by steelersalarycap on Feb 6, 2008 11:55 PM EST reply actions 0 recs
SteelersSalaryCap
by _ET_ on Feb 7, 2008 12:17 AM EST up reply actions 0 recs
Thanks for jumping in
by cgolden on Feb 7, 2008 8:03 AM EST up reply actions 0 recs
Be glad we're not in the Cardinals shoes
by cgolden on Feb 8, 2008 12:34 PM EST reply actions 0 recs

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