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Cracker5, January 31, 2008
Posted January 31, 2008
Check it out:
WOW I thought as bad as San Frans was they'd be closer to 117 m under.
Posted February 1, 2008
For teams like the Buffalo Bills, the cap will almost become an irrelevant number. The Bills have incorporated a "Cash 2 Cap" philosophy, meaning the Bills will deal in absolute dollars then dealing with the actual cap space.
Here is some information to explain what the Buffalo Bills are doing from an article from buffalobills.com:
As an example, if a free agent player was signed to a five-year contract with a $5 million signing bonus, the guaranteed money would count only $1 million towards the salary cap because the signing bonus is amortized over the life of the deal. But the Bills view that as a $5 million dollar expenditure this year because they have chosen to deal in real cash dollars.
"I don't think we're going to mortgage the future by going beyond the cap with cash," Levy said. "The decision was made after going over a myriad of things and we decided we'd be willing to spend cash up to this year's cap."
Many NFL teams spend actual cash that exceeds the salary cap, but because money can be amortized over the life of contracts the monies do not fully count towards the cap. The Bills however, have chosen to self-impose a real cash budget to their cap room.
So hypothetically if Buffalo signs five free agents and each receive $6 million signing bonuses they will have essentially spent their cash relative to the cap room they currently have.
wow great site.
At least they aren't washington at 20.72 million over
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