2008 Chicago bears Salary cap..

[motownbear]

what happens if Benson is cut after June 1?

and Arch?

[motownbear]

and RMJ

[dabears54]

Arch has 2mill left in Sb

So he makes $730 K and if split it in to 1 mill 2008 1 mill 2008 save $270K, but have $1 mill extra in dead space 2009

RMJ- has $3 mill left SB, makes $1,065,000 in 2008

so its 1.5 mill- 1.065= costs $435,000 off cap 2008, 1.5 mill dead space 2009

Benson-makes $820,000 has 4.8 mill left Sb so

2.4 mill-820K= $1.58 mill cap hit 2008, $2.4 mill dead space 2009

[JD67]

Here is the adjusted cap number for each team, according to PFT....

TEAM-BY-TEAM ADJUSTED CAP NUMBERS
Posted by Mike Florio on March 16, 2008, 2:08 p.m.
Though it’s generally known that the per-team spending limit for 2008 is $116 million ($116,729,000, to be exact), each team has an adjusted cap number. The variations are due in large part to so-called likely to be earned incentives (LTBEs) that were charged against the 2007 cap but then carried over when not earned, and so-called not likely to be earned incentives (NLTBEs) that were not charged against the 2007 cap but earned in 2007 and thus charged in 2008.

We’ve got the full list of each team’s adjusted salary cap for 2008, on the other side of the “read here for more” thingamajig.


Arizona Cardinals: $116,729,000.

Atlanta Falcons: $116,378,000.

Baltimore Ravens: $119,261,000.

Buffalo Bills: $129,442,000.

Carolina Panthers: $125,655,000.

Chicago Bears: $117,455,000.

Cincinnati Bengals: $116,729,000.

Cleveland Browns: $129,362,000.

Dallas Cowboys: $117,727,000.

Denver Broncos: $117,389,000.

Detroit Lions: $111,381,000.

Green Bay Packers: $126,159,000.

Houston Texans: $114,521,000.

Indianapolis Colts: $123,230,000.

Jacksonville Jaguars: $128,649,000.

Kansas City Chiefs: $128,387,000.

Miami Dolphins: $120,674,000.

Minnesota Vikings: $135,161,000.

New England Patriots: $121,125,000.

New Orleans Saints: $124,746,000.

New York Giants: $113,632,000.

New York Jets: $121,782,000.

Oakland Raiders: $121,070,000.

Philadelphia Eagles: $130,816,000.

Pittsburgh Steelers: $114,818,000.

San Diego Chargers: $116,131,000.

San Francisco 49ers: $119,353,000.

Seattle Seahawks: $124,115,000.

St. Louis Rams: $117,361,000.

Tampa Bay Buccaneers: $130,036,000.

Tennessee Titans: $122,220,000.

Washington Redskins: $118,550,000.

[dabears54]

By NICK HUT - nhut@nwnewsgroup.com

The Bears will have wide receiver Rashied Davis back next season after the wide receiver signed his one-year, $927,000 tender Friday.

Davis, a restricted free agent, received the tender at the beginning of this year's signing period. It gave the Bears the right to match any offer from another team.

Friday was the deadline for restricted free agents to receive offers, and none was forthcoming. Davis was productive as a slot receiver in 2006, less so last season, when the emergence of Devin Hester and the general malaise of the passing game limited his chances.

The departures of Muhsin Muhammad and Bernard Berrian this offseason have opened up more opportunities for the holdovers, and Davis should be in the running for a prominent role.

[dabears54]

Making sense of the Urlacher dollars and cents

Here is a look at the Brian Urlacher contract numbers so you can boil the situation down to the dollars and cents because no matter what is said ... it is all about the money.
Urlacher currently has four years remaining on the $56.65 million, nine-year contract he signed in 2003. That extension came with two years remaining on his rookie contract.
There is $22.4 million remaining to be paid in base salary. He’s passing on a minor workout bonus of $50,000 by skipping the voluntary workout program.


Here is how it’s divided:
2008 $3.95 million
2009 $4.95 million
2010 $6.15 million
2011 $7.35 million
The offer the Bears made Urlacher would add $18 million to the existing deal with a one-year extension that would carry through the 2012 season when he would be 34 years old. It would adjust the contract as such:
$5 million signing bonus
2008 $3.95 million base pay plus $1 million play-time bonus*
2009 $4.95 million base pay plus $1 million play-time bonus*
2010 $6.15 million base pay plus $1 million play-time bonus*
2011 $7.35 million base pay plus $1 million play-time bonus*
2012 $9 million base pay
* Urlacher would need to be on the field for 85 percent of the defensive snaps to trigger the bonus in each season.
So the new money breaks down with $5 million guaranteed as a bonus, $9 million in base pay in 2012 and $1 million payable in a play-time bonus in the next four seasons.


Posted by Brad Biggs on April 22, 2008 08:31 AM

[dabears54]

WR Davis signs three-year contract

Rashied Davis did not have to go elsewhere to get the multi-year deal he was seeking.
The wide receiver, who signed his one-year tender as a restricted free agent last Friday, agreed to a three-year contract Wednesday. Terms of the deal are not yet available, but it’s believed he received a little more than $1 million to sign.
Davis had hoped to land an offer sheet but no teams stepped up before the deadline last week. It was a situation where clubs liked him but didn’t believe they would be able to construct a contract that the Bears would not step up and match. Davis proved valuable as a slot receiver in 2006 and stepped forward to be a key member on special teams last season. This would seem to secure his position on the roster.

``We both knew this is where Rashied wanted to be,’’ agent Wynn Silberman said. ``It was a question of whether or not we could get there financially. Both sides dug in and we discovered maybe there was a zone for an agreement. Rashied gets some security and we’re all happy.’’
It’s the first positive contract news the Bears have had in a while as they’re in a public staredown with Brian Urlacher and work on and off to negotiate deals for return man Devin Hester, tackle Tommie Harris and kicker Robbie Gould.
Check back a little later on for more.

[dabears54]

..
Dollars and sense: A look at the Davis deal

We’ve got the numbers on the Rashied Davis deal.
It’s pretty much what his camp was seeking when it went shopping in restricted free agency. Davis turned down an extension from the club during last season and the move paid off. He had signed a one-year tender for $927,000 this season and would have been an unrestricted free agent next March. Signing now gets him some security and keeps him where he wants to be.
The base value of the three-year contract is $3.87 million. Escalators can max it out at $5.87 million.
Click below for all the details.


2008
$1.1 million signing bonus
$50,000 workout bonus
$520,000 base pay

Total: $1.67 million
Cap figure: $936,667
2009
$400,000 roster bonus
$50,000 workout bonus
$765,000 base pay
Total: $1.215 million
Cap figure: $1,181,667
2010
$50,000 workout bonus
$935,000 base pay
Total: $985,000
Cap figure: $1,351,667

The escalators in the contract are tied to receptions and there are three tiers. Davis can trigger the first tier with 45 receptions.


Posted by Brad Biggs on April 23, 2008 05:42 PM

[motownbear]

it looks with our draft we are looking at June 1 cuts

I think

Arch
RMJ
maybe Gattis(no biggie)

those are two of our larger ones

I cant imagine Bazuin or Izzy getting cut but we drafted a DE unless we IR him due to a paper cut lol

Would we be in bad shape if we cut Arch or RMJ

[dabears54]

Originally Posted by motownbear

it looks with our draft we are looking at June 1 cuts

I think

Arch
RMJ
maybe Gattis(no biggie)

those are two of our larger ones

I cant imagine Bazuin or Izzy getting cut but we drafted a DE unless we IR him due to a paper cut lol

Would we be in bad shape if we cut Arch or RMJ

nope RMJ is cap-even after june first( meaning his cap space=salary) we take a slight loss in arch, but nothing major

arch has 2 mill left in Sb so would be 1 mill cap hit- 730K in salry or only 230K to cut

[dabears54]

first estimate on draft pick $$"
First-round draft pick Chris Williams is expected to sign a five-year contract with roughly $9 million guaranteed. The Bears will do all they can to avoid those types of snags.
Second-round draft pick Matt Forte will be working off the deal of Sidney Rice, the No. 44 pick from 2007. Rice collected a signing bonus of $1.316 million for his four-year deal.

[dabears54]

updated for Arch being cut( yipee!)
he was scheduled to make $1.73 mill ( $1 mill Sb + 730K salary)
So we know take a $2 mill cap hit for his unamortized Sb- 1.73 or 270K off 2008 projection
and now $13.544 million under cap overall

[motownbear]

Originally Posted by dabears54

top 6 motown:

Potential cap hits:
1. Brian Griese- $2.7 million ( unamortized bonus left)- 1.4 mill ( salary)- 300,000( roster bonus)= 1 million in cap space to cut

2. Darwin walker- 2.4 mill( unamortized bonus)-1.15 mill(salary)-$5.2 mill Rb)=Saves $3.95 mill to cut

3. Moose- 3mill( Sb)- 1.6 mill Salary- 500K Rb= 900,000 in cap space to cut

4. Fred miller- 2.2 Mill( Sb)- 4 mill salary = Saves $1.8 million to cut

5. Adam Archueta- 2 mill( Sb left- he got a 3 mill Sb and a 2 mill roster bonus for 2007= 5 mill guaranteed)- $730,000 salary= $1.28 million to cut

6. RMJ- $3 million(unamortized Sb)-$1.85 mill( salary)= $1.15 million to cut( but saves $9.5 mill in future salries in 2009/10)

So would save team $1.42 mill in total to cut all 6.. But will also say some will need to be replaced, so savings not very significant

5 out of 6 so far

i think rmj is june 1

[kokobear]

Time for an update after the Tommie Harris signing! Where are we at with rookies, and how much is left for Brian and Devin?

[dabears54]

http://boards.chicagobears.com/forum...ad/805671.aspx

TOTAL $96,639,499

LBTE's not earned $1,700,000
* Unamortized cap hits $12,050,000
salary cap $116,729,000
Room left $9.755 mill
-$5.791 mill( rookie pl)
TOTAL- $3.964 mill left


Free Agents Signed/ Bears players cut:
1.RB Pope signed to futures deal ---
Running back P.J. Pope became the fourth player to sign a futures contract on Monday.


The Sun-Times reported earlier that guards Tyler Reed and Mike Jones and safety Leonard Peters were going to sign reserve/future deals.
2.Glenn Pakulak- P, signed him to a reserve/future contract on Tuesday.
Bears Players SIGNED
1. Alex brown-2 year extension, $15 million added- $5 million Signing bonus( $1.25 cap hit 2008), 2010- $5 million, 20111- $5.5 million
2. Rex Grossman- 1 year contract, $1.4 mill SB + 100K wokout ronus 1.5 mill salary, $1.5 mill LTBE incentives=$4.5 million cap hit
3. Dez Clark- 2 year extension( 2010)- $5 million, 2 million Sb upfront $475 Rb
4. kyle orton-$1.4 million signing bonus+$100,000 workout bonus +$1.3 million base salary
5. Brandon Mcgowan- $1.412 million - 1 year RFA tender
6. Rashied Davis- 3 years, $3.5 mill, 1.1 mill SB

*7. Brandon Llyod- $605,000 salary, $40,000 workout, costs $485,000 cap space vet exception
8. Lance briggs- $36 mill/6yrs- $21.6 first 3 yrs, 2008- 4 Mill Sb, $3.75 Rb,$805,000 sal, 250K Workout
9. marty booker- $3.5 mill/2 years- 1.5 mill Sb, $950,000 salary, $1 mill 2009, $50,000 workout 2008
10.Robbie gould- $15.5 mill/5 year Extension- $4.25 mill SB, 2008 460,000 salary
11.: tommie harris Signed a four-year, $40 million contract extension through 2012.

Bears Players Cut:
** now assuming Angelo used the vet exception to move the bonus over 2 years.. moose and griese
Becomes..
Darwin walker saves $ 4.56 million
Fred miller saves 5.7 mill- 2.4 mill= $3.3 mill
Muhsin Muhammand saves $3.1 mill- 1.5 mill= $1.6 mill ( $1.5 mill dead space for 2009)
griese $2.6 million - $1.35 mill = $1.25 mill saved( 1.35 mill dead space 2009)
Adam Arch $2 mill( Sb)- 1.73 mill= $270,000 cost to cut
Cedric benson- 3.395 mill-2.575 mill=$820,000 saved ( $2.575 mill dead space 2009)