• Please be aware we've switched the forums to their own URL. (again) You'll find the new website address to be www.steelernationforum.com Thanks
  • Please clear your private messages. Your inbox is close to being full.

CAP SPACE....Mismanagement?

SteveA

SteveA

Regular Member
Member
Joined
Dec 31, 2014
Messages
3,250
Reaction score
3,257
Points
113
Okay, Ab is gone, so is Bell...

How in the hell do we ONLY have 12.1 million in cap space after basically losing 32 plus million a year between these 2 clowns?

Also, since AB has a "new" contract in place. Do we still have 21 million in dead cap space with AB, even though that contract is gone?
 
You asked the second question in another thread. They still have some restructures and cuts.

And don't forget they just added to Pouncey and Fosters contracts.


They will have money to spend. If you want to worry about something wonder if they will make the right free agent decides.
 
Last edited:
Whatever happened to the 40 million in extra space we were supposed to have this off season? The Gilbert trade should give us an extra few million, but you won't see it until the 13th.
 
Steelers have always been good at managing cap space. I'm not worried.
 
I have to say, I’m a bit at a loss as to Steelers cap situation. I thought there was optimism that last year was going to be the last with tight cap space, what with the expected cap increase for ‘19. And that was before Bell chose to sit out, carrying over all 14.5 million of that which had to be accounted for. I realize Foster was set to be a free agent, so his new salary would affect cap space, but only around 4 mil for ‘19. I would have thought a residual benefit to extending Pouncey was to lower his cap hit this year through a signing bonus and lower ‘19 salary? Brown would have been virtually the same cap hit this year if he was cut, retained and obviously traded. I truly thought with an expected cap increase, addition of Bells saved/carried ‘19 salary, and restructures, the Steelers would have 25-35 mil in cap space to work with?

On a side note... Houston may be someone to seriously consider, because having been cut, in my understanding, he would not be considered when comp picks are figured for ‘20 and would help with consideration depending on what Bell gets.
 
Last edited:
SteveA said:
Okay, Ab is gone, so is Bell...

How in the hell do we ONLY have 12.1 million in cap space after basically losing 32 plus million a year between these 2 clowns?

Also, since AB has a "new" contract in place. Do we still have 21 million in dead cap space with AB, even though that contract is gone?
Click to expand...

The 21 million has nothing to do with ABs new contract.
 
All of AB's cap money accelerated into this season from the 3 seasons he had left. The Steelers have already paid him the money but it is dead cap space. Trading him didn't change that.
 
The Steelers flipped Salary into guarenteed money to improve their cap situation for previous years. That money gets spread over the life of the contract. That did two things.
1. It made it very expensive to get rid of him. The choice would have been to cut him for zero compensation and spread the money out over the remaining three or roughly 7 million per year. Or trade him and bite the bullet and accelerate the expense to this season. Which meant he was paid not to play.
2. It also created a situation where he was like you are paying me regardless of whether you have me on your team or not. So if you are going to rid yourself of me and try to get compensation I will be calling the shots. I will simply tell them I wont play there. Then they will not make the trade.
 
SteelerSask said:
The Steelers flipped Salary into guarenteed money to improve their cap situation for previous years. That money gets spread over the life of the contract. That did two things.
1. It made it very expensive to get rid of him. The choice would have been to cut him for zero compensation and spread the money out over the remaining three or roughly 7 million per year. Or trade him and bite the bullet and accelerate the expense to this season. Which meant he was paid not to play.
2. It also created a situation where he was like you are paying me regardless of whether you have me on your team or not. So if you are going to rid yourself of me and try to get compensation I will be calling the shots. I will simply tell them I wont play there. Then they will not make the trade.
Click to expand...

Wouldn't they have the same cap hit if they cut him or traded him? I didn't know you could spread it out over the life of the contract if the contract no longer is viable.
 
Vader said:
Wouldn't they have the same cap hit if they cut him or traded him? I didn't know you could spread it out over the life of the contract if the contract no longer is viable.
Click to expand...

I think you are confusing things. AB's contract was done a couple years ago to free up some cap space for the team. They did this by reducing salary in future years and gave him a fat signing bonus (guaranteed money). That money is paid and is applied to the cap. That bonus gets spread across the term of the deal which was 3 more years. It would have been something like 7M for each of the next three years for the original bonus plus his salary. When he got cut or traded, all the remaining signing bonus (which has been paid) comes due in the accounting. In other words, instead of 7+7+7 for three years, its 21M for this year. Cut or trade is the same thing. The thing to remember is the 21M is accounting numbers for cash already paid and has nothing to do with any future salary he would have made if he stayed.

So, we just went from about 17M in cap hit for AB (7M for bonus plus his 12m in salary - I am roughing these numbers, I don't know exact) to 21M (accelerated bonus accounting but no salary).

Bell cost us 14ish M last year but we never paid so we shoudl get 14M back against this years cap. So net loss on Brown appears to be about 4M backed out of Bell so a 10M bump in free money. There are other guys on the team getting raises plus whatever bonuses were just doled out to MP and Foster and the rise in Dupree (as an example) probably chewed up a good bit of that 10m.

Go to Over The Cap website and look up the Steelers - you can see who is eating the cap space this year.
 
So, I spent a ton of money on this amazing, top tier performing stock. I mean, top 1 or 2 out there. I knew that spending the money on that long term investment was worth it.

Then, for no reason, or for reasons that didn’t add up,...that stock turned to complete ****. The product was still there but the value went into the toilet.

I guess it’s my fault for backing a solid 1-2 stock and paying into it and not for seeing it Turing to ****
 
Vader said:
Wouldn't they have the same cap hit if they cut him or traded him? I didn't know you could spread it out over the life of the contract if the contract no longer is viable.
Click to expand...
If they cut him it would have been spread out over the remaining 3 years. A trade accelerated that to this season. But then they are gone with the prick. Unfortunately this is a win now business so teams rarely do what is good in the long run.
 
Ron Burgundy said:
Steelers have always been good at managing cap space. I'm not worried.
Click to expand...

I have seen this the last few years....WITH ALL THE FREE ******* AGENTS WE DON'T SIGN
 
Last edited:
Vader said:
Wouldn't they have the same cap hit if they cut him or traded him? I didn't know you could spread it out over the life of the contract if the contract no longer is viable.
Click to expand...

I don’t see why a trade vs a cut would make any difference. My understanding was that how many years the remaining signing bonus could be spread over was dependent on the date the player is moved off the roster (before or after June 1st) which I think is due to the timing of the free agency period.
 
SteelerSask said:
If they cut him it would have been spread out over the remaining 3 years. A trade accelerated that to this season. But then they are gone with the prick. Unfortunately this is a win now business so teams rarely do what is good in the long run.
Click to expand...

That's not right. Had they cut him before June 1, all 21M still would have counted this year. Had they cut him after June 1, they could have taken 1 year of the bonus hit this season, then 2 years of it in 2020. So using 7M per as stated above, cap hit would have been 7M in 2019 and 14M in 2020 for a cut after June 1.

May have been slightly different with the 2.5M roster bonus.
 
We generally run near the top side of the cap so as to keep the competative team we have had,....... After all not all coaches can say they have never had a losing season..............





Salute the nation
 
If you want to worry about something wonder if they will make the right free agent decides.
Click to expand...
I am not worried about that at all. I am completely confident that the Steelers will pick up garbage depth FAs in an area of relative non-need. I mean seriously... There is talk about Golden ******* Tate. Who's NEVER been a marquee player and that was when he was young. THAT's your exciting FA consideration? Christ! The only positive that can be said of this is that they now NEED a serious receiving threat to give JuJu his single coverage in which he thrives.

I further have no hope whatsoever that they'll draft a player that makes any impact this season. Their 1st MAY produce a player who's good in a couple to three years, but it will be after Ben retires.

What a clown-****. Tomlin sucks ***. Well, at least we won't have to worry about people being disappointed in the Steelers' performance. They no longer have the most talented team in the league. They have Ben, Conner, a very good line and a couple of decent receivers, but no serious threat. (I like JuJu as well as the next guy, but seriously? He's NOT going to beat doubles.) And Washington - well hell, I'm just hoping he can catch the ******* ball when it hits him in the hands or chest. Of course we've always got Switzer and DHB to shore up the lethal receiving corps.
 
You must log in or register to reply here.
Top