csnow03 Posted March 1, 2007 Share Posted March 1, 2007 Why do teams cut players in March and then again in June? Link to comment Share on other sites More sharing options...
AKM311 Posted March 1, 2007 Share Posted March 1, 2007 Because in March you have to first get under the cap and second create enough cap room to be able to sign FAs and Rookies. In June people cut players to spread the cap hit out over the current year and the following year. Link to comment Share on other sites More sharing options...
D-Day Posted March 1, 2007 Share Posted March 1, 2007 Edited due to Brain Spasm Link to comment Share on other sites More sharing options...
ChiefPowhatan17 Posted March 1, 2007 Share Posted March 1, 2007 That is when the contract bonuses are scheduled to be given for the upcoming year. Link to comment Share on other sites More sharing options...
ntotoro Posted March 1, 2007 Share Posted March 1, 2007 Why do teams cut players in March and then again in June? Awaiting 6/1 to cut a player means you can split his cap hit between the current season as well as the next one. If you cut a guy before 6/1, the cap hit goes 100% that season. Link to comment Share on other sites More sharing options...
shakazullo Posted March 1, 2007 Share Posted March 1, 2007 To explain this easier, think of 6/1 as the first day of the fiscal year for the NFL. If you are are on a roster then you are considered to be on a roster for the year. If they cut you after that date, then any bonus'(signing, roster, performance) that you had are pro rated for the entire year of 07. Whatever is left on your prorated bonus' then hits your cap in full in 08. So if you have a guy who signed a 5 year contract with 10 million in signing bonus, he counts 2 million every year plus his base salary. If he plays two seasons, 4 million has been used on your caps for those two years. If you cut him before june 1st, he coun'ts 6 million all this year. If you cut him after june 1st, he counts 2 million this year and 4 million next year. The cap saving is only what his base salary was. Most players halfway decent have their base salaries go up after 2 or 3 years because they know that if they do well you will renegotiate to lower the number, or they do well, you will have to cut them and they will be able to be free agents again. Most first and second year base salary numbers are minimums, 800K or 1 million. 3rd and 4th year base's are usually like 4-5 million. The signing bonus is basically a way to lure someone to your team. You give them that money upfront(like a guarantee), and through the contract you have negotiated who long that upfront money suits you. 2,3,4 or 5 years. A person gets 10 million up front and usually his base numbers are small for at least 3 years. So he for all practical purposes is getting 3.3 million plus per year, but his cap number for the first couple years is is less than 3 million. It is the 2 million proration plus a minimum base. Then they take it even further and give you 10 million in guarantees but not at one time. You get 5 million now to sign, and another 5 next year. So you have been paid 5.8 million, but the first year cap number is 1.8 million(1 million proration over 5 years, and 800K base salary). Next year you get another 5 prorated for only 4 years, so you have a little over 2 million on your cap+800K base salary=about 3 million on your cap, but you have been paid 10 million. It is all just a big game of getting guaranteed money. The NFL won't guarantee contracts like other sports to they signing bonus' is it's way of getting around that. Link to comment Share on other sites More sharing options...
Kurd Cudins Posted March 1, 2007 Share Posted March 1, 2007 it's timed with the moon. It's Lunar Baby! Link to comment Share on other sites More sharing options...
Taylor 36 Posted March 1, 2007 Share Posted March 1, 2007 it's timed with the moon. It's Lunar Baby! :laugh: Link to comment Share on other sites More sharing options...
wsniper1 Posted March 1, 2007 Share Posted March 1, 2007 March = total cap hit this year June = cap hit divided evenly over next two years The NFL is doing some"thing" different this year to encourage teams to cut players in March, Im not entirely sure what it is, but I heard it a couple of times. EDIT: perhaps that "thing" is the extra cap room most teams have so they want to get the dead weight out of the way this year. Link to comment Share on other sites More sharing options...
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