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Dolphins have $3.19 Million in dead money on the books for 2013

Discussion in 'Miami Dolphins Forum' started by CANEPHINS, Feb 6, 2013.

  1. CANEPHINS

    CANEPHINS No Tats & Dreads Allowed

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    http://blogs.palmbeachpost.com/thed...ffseason-calendar-and-salary-cap-commitments/

    Projected salary cap: $121 million
    Estimated Dolphins 2012 rollover: $6 million
    Total estimated salary cap: $127 million
    Total Dead Money $3,190,868

     
  2. GMJohnson

    GMJohnson New Member

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    Andrew McDonald is killing us.
     
  3. gunn34

    gunn34 I miss Don & Dan

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    I wonder how that number compares to the rest of the NFL.
     
  4. SICK

    SICK Lounge Moderator

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    lmao that had me legit laughing at work. Thanks.
     
    GMJohnson likes this.
  5. Sumlit

    Sumlit Well-Known Member

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    If Jake Long resigns will his dead money still count?
     
  6. AdamC13

    AdamC13 Well-Known Member

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    I don't of all the teams, but $3 million is really pretty low. Last year Miami had slightly over $19 million...The Colts over $38 million, Cowboys $30 million, Raiders $28.

    This will be an interesting off season to see how Ireland manages contracts. Sign a couple of big name free agents with large signing bonuses and Miami could easily find themselves in salary cap hell again in a couple of years. That is why building through the draft makes so much nowadays imo.
     
  7. Disgustipate

    Disgustipate Season Ticket Holder Club Member

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    I'm not sure it's correct Long would have any dead cap space. His contract was voided because of his snap % as a rookie, he's not cut or traded or anything.
     
  8. padre31

    padre31 Premium Member Luxury Box

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    2 #1 picks on the list from the pre Rook Cap era, this is to be expected imo

    Clyde Gates though..BMI..it's like he was paid 220k to create a buzz phrase on his way out of town
     
  9. VManis

    VManis Season Ticket Holder Club Member

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    It doesn't matter how the contract is voided. If there is any remaining unamortized signing bonus it becomes dead space. In 2009 Jake restructured his contract and got a $8.0 million bonus. That bonus was amortized over 5 years and $1.6 million per year was counted against the cap over the past 4 years. So they still have $1.6 million left to count against the cap, regardless of what happens with Jake.
     
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  10. Mcduffie81

    Mcduffie81 Wildcat Club Member

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    Isn't Kaddu on the roster? I will wait till FA starts to get my panties in a twist.
     
  11. Aquafin

    Aquafin New Member

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    the poor house
    I understand what you are saying but boy howdy if we have little cap room and then if this is a bad draft class this wont be a recipe for success .

    several people are saying that this is going to be possibly be a bad draft and since the fins put themsleves in the midle of the peckking order I can see better teams jumpingahead of us making themselves even better while the teams below us jump ahead of us in talent as well . I just hope We sign a couple of playmakers with some more speed as well.

    that is my only concern , otherthen that we might be aable to cut some more players and still get some moore cap room. am i wrong on this ?

     
  12. VManis

    VManis Season Ticket Holder Club Member

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    The figure he is quoted is the amount of dead cap ie the amount of cap space taken up by players no longer on the team. So a small number is a good thing. In terms of cap space the Phins have one of the largest amounts of free space in the league which should enable us to compete with anyone for a player's service should we choose.
     
  13. Jimmy James

    Jimmy James Ron Swanson

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    I think it would be a philosophical question whether or not it would be considered "dead money" at that point because "dead money" tends to imply money spent on a player no longer on the team.
     
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  14. jdang307

    jdang307 Season Ticket Holder Club Member

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    Hey I thought you don't venture in the Dolphins forum. Things must be looking up!
     
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  15. Jimmy James

    Jimmy James Ron Swanson

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    I tend to venture in here only infrequently.
     
  16. juju.simba

    juju.simba New Member

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    i noticed that aswell , i am guessing his dead money hit is when he got cut last year [final waive of cuts], and then was put on p squad??

    he eventually made it back to the roster mid -late season
     
  17. Alex13

    Alex13 Tua Time !!! Club Member

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    i think that figure is a pretty good job by the FO, don´t know why Kaddu is on that list though
     
  18. VManis

    VManis Season Ticket Holder Club Member

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    I think a lot of people associate dead money as being caused by players no longer on the team but it does include players like Jake (assuming he is resigned). It's easier to think of it in terms of contracts as oppose to players.
     
  19. Finsanity247

    Finsanity247 New Member

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    The Dolphins can free up even more cap space by releasing Richard Marshall-Dimitri Patterson-Dan Carpenter-Richie Incognito. Releasing those four players saves $15 million against the cap. Food for thought;
     
  20. Not So Fast

    Not So Fast Well-Known Member

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    And then that money will be spent by filling those holes you just created.
     
  21. MikeHoncho

    MikeHoncho -=| Censored |=- Club Member

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    It's crazy. Talk about overpaid.
     
  22. Alex13

    Alex13 Tua Time !!! Club Member

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    if you can get an upgrade....why not
     

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