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Ben Volin: Dolphins carrying $10.4 million in dead money for 2013

Discussion in 'Miami Dolphins Forum' started by Jt0323, Mar 12, 2013.

  1. Jt0323

    Jt0323 Fins Up! Luxury Box

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    #Dolphins are now carrying $10.4 million in dead money for 2013, with $4.65m on Dansby, $2.5m on Burnett, $1.6m on Long, $1.1m on Vontae
     
  2. ToddPhin

    ToddPhin RIP Phinsational Luxury Box Club Member

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    How are we carrying dead money on Jake?
     
  3. Nappy Roots

    Nappy Roots Well-Known Member

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    gez. could of just moved Dansby to Sam and cut Misi...
     
  4. MikeHoncho

    MikeHoncho -=| Censored |=- Club Member

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    Wish I had $10 millie in dead money
     
  5. TiP54

    TiP54 Bad Reputation

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    Dead money doesnt count agains the cap tho right? That's just the dead contract that they have to pay out, but it doesn't actually impact the cap.
    Am I understanding this correctly?
     
  6. NJFINSFAN1

    NJFINSFAN1 Premium Member Luxury Box

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    I don't see how we have dead money on Long, his contract is done.
     
  7. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Yes it counts towards the cap.
     
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  8. GridIronKing34

    GridIronKing34 Silently Judging You Club Member

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    Jake Long voided the final year of his rookie contract... thus the dead cap.

    I think dead cap counts against our salary cap too.
     
  9. TiP54

    TiP54 Bad Reputation

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    Well damn.
     
  10. surferosa

    surferosa Balance and Vision

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    Ben Volin ‏@BenVolinPBP
    So the #Dolphins actually gained $800k in cap space by cutting Burnett and adding Wheeler. Only one it hurt was Stephen Ross' wallet
     
  11. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    There was an accelerated bonus three or so years ago that was to be paid out over x number of years (including this season).
     
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  12. Jt0323

    Jt0323 Fins Up! Luxury Box

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    yeah I don't understand the long dead money either...
     
  13. Jt0323

    Jt0323 Fins Up! Luxury Box

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    So basically we are going to have a cap issue next season?
     
  14. Fin-Omenal

    Fin-Omenal Initiated

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    No we only had about 77 M on the books before this frenzy.
     
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  15. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    As of right now, we'll have a good bit of cap room next year also, but similarly to this year we'll have like 5 or 6 starters with an expiring contract.
     
  16. Samphin

    Samphin Κακό σκυλί ψόφο δεν έχει

    So we will have 10.4 million in cap room awaiting us next year.
     
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  17. Jt0323

    Jt0323 Fins Up! Luxury Box

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    Well that makes me feel a lot better!
     
  18. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    We should, yes. Just as if someone's contract were up, only on this instance the player is already long gone.
     
  19. Samphin

    Samphin Κακό σκυλί ψόφο δεν έχει


    ...it wasn't a question or me seeking affirmation. I was merely responding to the original headline of the dead cap. I all comes off after next year and thus, cap space.

    Don't treat me like a newb!
     
  20. Conuficus

    Conuficus Premium Member Luxury Box

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    Well away from here
    Yeah, he's a FA how does that work?
     
  21. Samphin

    Samphin Κακό σκυλί ψόφο δεν έχει

    He voided the final year of his rookie deal, apparently we get dinged for that.
     
  22. AdamC13

    AdamC13 Well-Known Member

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    Not necessarily true Miami automatically gets an additional $10.4 in cap space next year. Ireland/FO may be setting up contracts so the players being signed take a bigger cap hit next year than this year. It only means Miami is carrying $10.4 million in dead money this year.
     
  23. Samphin

    Samphin Κακό σκυλί ψόφο δεν έχει

    We aren't going to roll THAT deep though. For argument's sake, the accelrated bonuses of the aforementioned players are attached to this year's cap and roll off next year. Any contracts that are signed that may eat that room isn't being discussed for now.
     
  24. frags

    frags New Member

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    Principally Soliai. With how deep this draft is at DL, I would not be surprised if Lotulelei was in play at #12. Him or Warmack would be great imo. Though, Austin is in play either at #12 or a tradeup into 1R.
     
  25. Unlucky 13

    Unlucky 13 Team Rosen Staff Member Club Member

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    By cutting Dansby and Burnett and eating the cap hit now, it freed up a good chunk of money next year, as their cap hits would have been a combined 16-17 million. Now, we gain that with no dead money offset in 2014. Ellerbe and Wheeler are unlikely to count that much next season, so its a win for us in that we replaced them with younger, better and cheaper players, and solved what was going to be a hole ahead of time. Win!
     
  26. CaribPhin

    CaribPhin Guest

    Problem with that is Misi was pretty damn good last season and costs much less.
     
  27. Samphin

    Samphin Κακό σκυλί ψόφο δεν έχει

    Is you related to unluckyluciano?
     

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