[CBFF] Inside the Bears: Totaling salary cap savings fromBlackMonday - Sent Using Google Toolbar

[Kenny Claxton]

That and the start of baseball....

On 2/20/08, Phil DeNomme <pdenomme at gmail.com> wrote:
> Lol.  Oh, I see....
>
> -----Original Message-----
> From: cbff-bounces at chicagobearsfanforum.com
> [mailto:cbff-bounces at chicagobearsfanforum.com] On Behalf Of Kenny Claxton
> Sent: Wednesday, February 20, 2008 9:30 AM
> To: post at chicagobearsfanforum.com
> Subject: Re: [CBFF] Inside the Bears: Totaling salary cap savings
> fromBlackMonday - Sent Using Google Toolbar
>
> I'm waiting for the NFL Combine!
>
> On 2/20/08, Phil DeNomme <pdenomme at gmail.com> wrote:
> > Why does the list seem dead?  I think Tom, Vic and I are the only ones
> that
> > are around lately.  lol
> >
> > -----Original Message-----
> > From: cbff-bounces at chicagobearsfanforum.com
> > [mailto:cbff-bounces at chicagobearsfanforum.com] On Behalf Of
> ShannonToBeRead
> > Sent: Wednesday, February 20, 2008 9:23 AM
> > To: post at chicagobearsfanforum.com
> > Subject: [CBFF] Inside the Bears: Totaling salary cap savings from
> > BlackMonday - Sent Using Google Toolbar
> >
> > I would encourage everyone to note that the term "Savings" in the list
> > below is deceptive.  The "Savings" will need to be used to sign a
> > replacement and, therefore, in most cases there is a loss involved.
> > Darwin Walker is probably the exception because it will probably take
> > less than the savings number to sign his replacement.
> >
> > Tom S.
> > --
> > Inside the Bears: Totaling salary cap savings from Black Monday
> >
> > Totaling salary cap savings from Black Monday
> >
> >
> >
> > The ramifications of Black Monday, when the Bears cut ties with three
> > veteran starters in right tackle Fred Miller, wide receiver Muhsin
> > Muhammad and defensive tackle Darwin Walker, will be felt ultimately
> > when the team begins signing players in free agency. General manager
> > Jerry Angelo is trying to do that before the market opens at 11 p.m.
> > Feb. 28 in pursuing linebacker Lance Briggs, wide receiver Bernard
> > Berrian and special teamer Brendon Ayanbadejo, who will all be
> > unrestricted free agents. He's also offered a contract to defensive
> > tackle Tommie Harris, who is entering the final year of his contract.
> >
> > Here is exactly what the Bears saved in the salary cap by cutting these
> > players:
> >
> >
> >
> > Miller
> >
> > 2008 cap figure: $5,806,720
> >  Signing bonus remaining (dead money): $2,400,000
> >  Savings: $3,406,720
> >
> > Muhammad
> >
> > 2008 cap figure: $3,306,720
> >  Signing bonus remaining (dead money): $2,400,000
> >  Savings: $906,720
> >
> > Walker
> >
> > 2008 cap figure: $6,500,000
> >  Signing bonus remaining (dead money): $400,000
> >  Savings: $6,100,000
> >
> > Total savings: $10,413,440
> >
> > That gives the Bears roughly $30 million in available cap space.
> >
> > As one league executive said, it's really no longer about that figure
> > because the cap has grown so much. Now, it's about cash on hand and in
> > the budget to sign players. With $30 million, that's enough room for
> > Angelo to sign all of his own players he wants and make a major splash
> > on the open market. That won't happen. Just keep in mind, the
> > difference between $20 million in cap room and $30 million really
> > isn't going to change what the team accomplishes in free agency. The
> > cuts were not made because of money.
> >
> >
> >  Posted by Brad Biggs on February 20, 2008 12:30 AM | Permalink
> >
> > _______________________________________________
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> >
> >
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