![]() ![]() Meanwhile, Cincinnati, Oakland and Denver were the three teams with the lowest dead money totals, not one of them making the playoffs. Per Spotrac, the Giants had $10,659,718 in dead money for 2017, the 12th lowest total. However, keeping the dead money low doesn’t necessarily mean a team is destined for success that season. The key is to keep the dead money cap hit as low as possible because the more dead money a team accumulates, the less it actually has to spend. (Bisnowaty, for those wondering, technically received a brand-new contract that was prorated when he was elevated to the 53-man roster at the end of the 2017 season.) Per Over the Cap, their dead 2018 money estimate is currently at $478,255, the result of the prorated signing bonuses from draft picks Owa Odighizuwa and Adam Bisnowaty not sticking out their rookie contracts from the time of signing. ![]() One other thing that needs to be mentioned is the Giants 2018 dead money situation. So again, using Vereen as an example, he cannot be traded because he does not have a contract for the 2018 league year. The other important thing to remember is that trades cannot be executed until the start of the new league year, and only players with active contracts can be traded. So if you’ve been banging the drum, for example, for the Giants to cut running back Shane Vereen, it’s not happening because he does not have a contract with the team for 2018. ET, the official start of the new league year. A team CANNOT cut a pending free agent.Īccording to the NFL Calendar of Important Dates, all pending free agent contracts expire Maat 4 p.m. ![]() if the player is a starter or a key member in sub packages, the odds are very much in his favor of earning this bonus.Īn example of a NLTBE bonus would be winning the Super Bowl - yes there’s a chance of that happening but it’s a harder and hence, as the name suggests, a not likely to be earned bonus.Īnother misconception I often see involves pending free agents. Some of those incentives are “likely to be earned” (LTBE) meaning they would hit the 2018 cap others are considered “not likely to be earned” (NLTBE) which means that if they ARE earned, they would hit the 2019 cap instead of the 2018 cap.Īn example of a LTBE would be playing a set percentage of snaps during the season. Usually, in the case of a pay cut, the player gets a chance through performance incentives to make back the money removed from his contract. In the meantime, we can take an educated guess as to which players currently under contract are likely cap casualties, targets for restructuring or targets for pay cuts.īefore we do that, let’s touch upon a few housekeeping notes which will hopefully clarify some of the confusion regarding definitions and what can and can’t be done and why. To be clear, that figure does not include any carryover from 2017 (not that the Giants have much to carry over), nor does it include the accounting previously mentioned.Įither way, I don’t think the cap space total will fluctuate more than 5% of what it is right now, but we’ll see how the final numbers look as we get a little closer to the start of the 2018 league year in March. While the final total is still under review due to the accounting being done by the NFL Management Council and NFLPA, using Over the Cap’s figures, the Giants are projected to have $23,394,235 of space based on a $178 million estimated salary cap for 2018. Recently, I put together an overall picture of where the New York Giants stand regarding projected cap space for 2018. ![]()
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