What I think I know. The cap will be around $121 Mill. I've read that it might actually go up a little.
Our current payroll is around $77 Mill.
That leaves approximately $44 Mill to sign our own FAs, draft picks, UDFAs, and FAs coming from other teams.
The floor on the salary is 89% of the cap or $107.69 Mill.
If anyone has better numbers please feel free to update.
I'm not a salary cap guru and I hope these questions may help me and some others who want to get a better grasp on our possibilities for off-season signings.
Here are my questions.
I've heard that if we don't spend to the floor (probably unlikely), the difference up to the floor will be distributed to players on the roster. Is that a one year distribution? In other words will that money drop off the current players salaries after this year, or will it be a permanent addition to their contracts?
Strategically speaking, does it make sense to bring in several vets like Ed Reed (don't get hung up on the name, it's a placeholder for illustrative purposes), who can fill in for a couple years while we continue to build through the draft?
This of course would be in addition to the long term players we plan on signing. Vasquez tops my list of long term signees.