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The Actual Cap Space Needed for the Rookie Cap

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  • The Actual Cap Space Needed for the Rookie Cap

    Often I see comments about how Denver needs $8-10 million for rookies. But this is incorrect because it's not just adding those contracts to the already existing numbers. So I thought I'd put up a post figuring out the actual numbers.

    While it's true that Denver's current rookie pool is projected at $8,326,831, this isn't what will count against the salary cap. Because offseason rosters can be as big as 90 players, the salary cap counts just the top 51 salaries. So each rookie will replace a contract already counting against the top 51.

    Lets go through the numbers:
    Round 1 pick 10 cap number is $3,408,978
    Round 2 pick 41 cap number is $1,292,507
    Round 3 pick 71 cap number is $759,581
    Round 4 pick 125 cap number is $664,356
    Round 5 pick 148 cap number is $574,819
    Round 5 pick 156 cap number is $571,142
    Round 6 pick 182 cap number is $540,150 (won't count in the top 51)
    Round 7 pick 237 cap number is 515,298 (won't count in the top 51)

    Total of salaries that will actually knock players from the top 51 $7,271,383

    Now 6 of those salaries are high enough to knock players from the top 51 salaries counted against the cap, so here are the Broncos 6 lowest contracts in the top 51:
    Garrett Grayson: $570,000
    Caushaud Lyons: $570,000
    Aaron Burbridge: $570,000
    Colby Wadman: $570,000
    River Cracraft: $570,000
    Chad Hansen: $570,000
    Total value of contracts knocked from the top 51: $3,420,000

    So if we subtract the total of contracts removed from the rookie contracts high enough to knock players from the top 51, we end up with the real number for the cap space Denver needs to sign it's draft picks:

    $3,851,383

    Spotrac has the value of each contract for the Broncos draft slots:
    https://www.spotrac.com/nfl/denver-broncos/cap/

    And Over the Cap has an easy top 51 listing:
    https://overthecap.com/salary-cap/denver-broncos/

  • #2
    Originally posted by Butler By'Note View Post
    Often I see comments about how Denver needs $8-10 million for rookies. But this is incorrect because it's not just adding those contracts to the already existing numbers. So I thought I'd put up a post figuring out the actual numbers.

    While it's true that Denver's current rookie pool is projected at $8,326,831, this isn't what will count against the salary cap. Because offseason rosters can be as big as 90 players, the salary cap counts just the top 51 salaries. So each rookie will replace a contract already counting against the top 51.

    Lets go through the numbers:
    Round 1 pick 10 cap number is $3,408,978
    Round 2 pick 41 cap number is $1,292,507
    Round 3 pick 71 cap number is $759,581
    Round 4 pick 125 cap number is $664,356
    Round 5 pick 148 cap number is $574,819
    Round 5 pick 156 cap number is $571,142
    Round 6 pick 182 cap number is $540,150 (won't count in the top 51)
    Round 7 pick 237 cap number is 515,298 (won't count in the top 51)

    Total of salaries that will actually knock players from the top 51 $7,271,383

    Now 6 of those salaries are high enough to knock players from the top 51 salaries counted against the cap, so here are the Broncos 6 lowest contracts in the top 51:
    Garrett Grayson: $570,000
    Caushaud Lyons: $570,000
    Aaron Burbridge: $570,000
    Colby Wadman: $570,000
    River Cracraft: $570,000
    Chad Hansen: $570,000
    Total value of contracts knocked from the top 51: $3,420,000

    So if we subtract the total of contracts removed from the rookie contracts high enough to knock players from the top 51, we end up with the real number for the cap space Denver needs to sign it's draft picks:

    $3,851,383

    Spotrac has the value of each contract for the Broncos draft slots:
    https://www.spotrac.com/nfl/denver-broncos/cap/

    And Over the Cap has an easy top 51 listing:
    https://overthecap.com/salary-cap/denver-broncos/
    Excellent!! Thanks for taking the time, and putting the work in for everyone on this Board!!!

    Comment


    • #3
      Nice post.

      We still have a decent amount of money for a couple FAs.
      :lombardi:2019 Adopt-A-Bronco: Dr. Dre'Mont Jones
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      • #4
        Originally posted by Houshmazode View Post
        Nice post.

        We still have a decent amount of money for a couple FAs.
        fallout 3 or new vegas
        We’ll see more guys signed in the coming weeks, I’d like to see a couple more O-linemen!

        Comment


        • #5
          Originally posted by Sam_Z View Post
          fallout 3 or new vegas
          We’ll see more guys signed in the coming weeks, I’d like to see a couple more O-linemen!
          So $16,469,885 for FAs. That can get us a decent ILB and TE. I think we're ok on the line and maybe sign a backup and take 1 or 2 in the draft. I think we need to get an ILB, TE, CB, S, OL in the draft, with ILB and TE being the highest priority. Oh, and QB rolleyes:

          I'd be fine with a lineman early though if they're actually good.
          :lombardi:2019 Adopt-A-Bronco: Dr. Dre'Mont Jones
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          • #6
            Just because we have it doesn’t mean Elway will spend it. Elway always likes to leave $8-10 million in case of emergencies for signings later in the year. Like when he signed Evan Mathis a couple of years ago who wasn’t cut until August.

            I also believe he likes to roll some money over.

            If we have roughly $16-17 mil left after rookies I would assume he only plans to spend about $10 mil more in the early free agency period. So I would expect 1 more signing but maybe two pending the values for each

            I’m guessing at this stage we could get two though for $5mil or less each.
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