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The Titans and the Salary Cap - A Guesstimation

In light of the Chris Johnson holdout, and the repeated calls for "pay da man" issued from the fan base, I thought it might be worthwhile to take a look at where the Titans actually stand in regards to the 2011 salary cap.  If you want to pay CJ, shouldn't you know if it's possible?

I gathered most of the data from rotoworld.com.  There you can find the most up-to-date contract info for all NFL clubs.  There are a number of players, all recent free agent signings, for which the actual contract numbers aren't available, so the numbers are subject to change.  Also, a number of low round draft picks don't have actual numbers, but they are guaranteed to all be real close and small.

I made a big nasty spreadsheet with everyone, but it is rather pointless given that a lot of the guys listed are not going to make the team.  So, let me just list our Top 20 cap eaters:

Star-divide

  • Figures are in millions of cap dollars for 2011, so they include prorated signing bonuses, etc
  • Percentages are percent of 2011 cap, based on a $120m hard cap.
 1 Roos,M		$6.83	5.69%
2 Hope, C $6.50 5.42%
3 Stewart, D  $6.50 4.58%
4 Hasselbeck, M $5.00 4.17%
5 Washington, N $4.80 4.00%
6 Scott, J $4.70 3.92%
7 Haye, J $4.25 3.54%
8 Witherspoon, W $4.17 3.47%
9 Amano, E $4.13 3.44%
10 Ruud, B $4.00 3.33%
11 Finnegan, C $3.79 3.16%
12 Bironas, R $3.65 3.04%
13 Gage, J $3.50 2.92%
14 Griffin, M $3.31 2.76%
15 Smith, S $3.25 2.71%
16 Locker, J $3.15 2.62%
17 Graham, D $2.83 2.36%
18 Morgan, D $2.61 2.17%
19 Fuller, V $2.06 1.72%
20 Britt, K $1.88 1.57%
TOP 20 TOTAL $67.38 56.15%
EVERYONE ELSE $43.90 36.58%
TOTAL APPROX $111.28 92.73%

From this you can see who our top-paid players are, and how much cap they take up relative to the total team salary cap.  The number is approximate since:

  1. Some contract details might not be exactly right.
  2. I don't know if we take a hit for releasing VY.
  3. A lot of the guys that are bundled up in "everyone else" won't be on the team, and their cap #'s will be irrelevant.  This includes CJ.  Given a new deal, his current cap number ($1.04 @ 0.86%) won't matter.

Interesting tidbits:

  • While Roos has the highest cap number, this is due to a large signing bonus being prorated over his contract.  His base salary is only $5m.
  • Chris Hope is the highest paid player on the Titans, by over $1m dollars.  His 2011 base salary is $6m and is cap amount is larger due to a roster bonus.  For nothing more than inflammatory tendencies, that amounts to over 8 times CJs currently contracted salary. ;)
  • There are a number of Top 20 cap eaters that may in fact not make the team.  These include fan favorites such as: Chris Hope, Jovan Haye, and Justin Gage.  Those 3 alone account for over %12 of the total team cap amounts.
  • A large number of players are entering the last year of their contracts.  For example:  Griffin, Scott, Finnegan, Fuller, and Stevens (there are more)
  • And last but not least, there is plenty of cap space available to give CJ a large contract, especially if heavily front loaded in bonus, and back-loaded in salary.   Of course availability of large upfront money is dependant on the Titans's bank account, and I don't know it's status.   This doesn't mean I necessarily support giving CJ everything possible, just that "cap considerations" aren't really a good excuse to avoiding doing a deal with CJ.

If you think numbers are boring, sorry.  If not, I hope this shed at least a little light on the whole "wher be our moneyz!!?!"

Poll
Was this pointless?
Yes, you look ridiculous
35 votes
No, I love me some dollar bills yo
127 votes
I don't care, PAY DA MAN!!!!!11
193 votes

355 votes | Poll has closed

Comment 66 comments  |  8 recs  | 

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Seems like with that cap space....

It would make a lot of sense to Re-sign a lot of guys right before the season to extensions and of course CJ. Seeing that NFL teams have to spend 99% of their cap space THIS year why not lock up players this year and take all that cap hit NOW!? I hope our FO is thinking this way…

They should have maybe 6-12 deals/extensions ready to go as soon as we cut to 53. And back room talks everyday with CJ until then, FO should be saying’…

 “Hey CJ… we HAVE to spend this money THIS year, let’s have you rest through camp and preseason, and then when we have our roster set… were gonna lock-up some of your boys with extensions for that 3 year SB run and then… THEN CJ…. You are gonna get PAID! We are going to give the remainder of the cap space for your 2011 salary AND hook you up with a fat bonus!”

If that is the case I’ll be pleased… if not, it shows to me that our FO is NOT prepared to build for the future…

I don’t know the exact numbers and rules when it comes to cap hits and space for the future, but it seems that THIS is the year for ALL NFL teams to do this “Take a cap HIT NOW”… and I’m sure 6-12 contracts at the time might be unrealistic, but with 22-23 guys on the last year of there deals…? How could they not be thinking something similar??

by TNTitan09 on Aug 11, 2011 2:39 AM CDT reply actions  

It's not quite so simple

Here is who is scheduled to be free agents next year:

Amato, Ball, Finnegan, Ford, Fuller, Gage, Griffin, Hall, Hawkins, Hayes, Hope, S. Johnson (exclusive rights), J. Jones, Otto,
Ruud, Scott, Shaw, Stevens, Velasco (restricted), Walker

That’s a LOT of guys. And as for having 6-12 extensions ready to go, given the horrible play of almost the whole team the last 2 years, who is a lock to be extended? I’d say no one. I’d be really surprised to see any contract extensions early in the season for this group.

Giving CJ “remainder of cap space + bonus” completely gimps the team moving into a year where almost 40% of the roster’s contracts are expiring.

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by rothbard on Aug 11, 2011 8:44 AM CDT up reply actions  

I´d be surprised if they didn´t resign Jason Jones during the season.

"He's an amazing talent. He's probably the most explosive back since Marshall Faulk and Barry Sanders." - Eddie George, about CJ.

by criollo_pcg on Aug 11, 2011 10:06 AM CDT up reply actions  

Yes, I expect resigning during the season

but not so early as before game 1

Unofficial MCM QB Rating Hater
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by rothbard on Aug 11, 2011 10:14 AM CDT up reply actions  

I wouldn't be so fast to assume that.

He’s great when healthy…but staying healthy has been his problem. Let’s say we get four games in and then he misses the rest of the season. Is a guy who’s injury-prone like that worth spending the money on to keep around?

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 10:36 AM CDT up reply actions  

Always depends on the money.

But his injury history certainly lowers his value.

"He's an amazing talent. He's probably the most explosive back since Marshall Faulk and Barry Sanders." - Eddie George, about CJ.

by criollo_pcg on Aug 11, 2011 11:12 AM CDT up reply actions  

Jovan Haye is stealing money!!

"He's an amazing talent. He's probably the most explosive back since Marshall Faulk and Barry Sanders." - Eddie George, about CJ.

by criollo_pcg on Aug 11, 2011 7:28 AM CDT reply actions  

yep, pretty much

Unofficial MCM QB Rating Hater
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by rothbard on Aug 11, 2011 8:59 AM CDT up reply actions  

/frontpage'd!!!1

Unofficial MCM QB Rating Hater
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by rothbard on Aug 11, 2011 7:38 AM CDT reply actions  

LIES!!!1

Unofficial MCM QB Rating Hater
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by rothbard on Aug 11, 2011 10:15 AM CDT up reply actions  

Rec'd. Awesome post.

I thoroughly enjoyed this.

Couple of things:

I think we had to pay VY $2.46 mm. This is coming from the old Paul K article when there was a movement to cut him in 2008.

Read this article over at National Football Post. Very interesting stuff on the new cap rules and implications.

Last, I don’t think that we do have plenty of cap space unless we cut some of the players mentioned in the article. As a general rule, total salary is typically double the guaranteed number. Even if CJ gets less than $30 mm guaranteed, I’d expect him to be firm on wanting $60 mm (in salary, etc.) over 5 years. As we sit today, and adding in VY’s number, a contract of that size would put us ~ $5 mm over the cap this year.

by SuperHorn on Aug 11, 2011 7:50 AM CDT reply actions   1 recs

Chris Hope must go.

Ideally, we’d let Fuller and Gage go, too.

by SuperHorn on Aug 11, 2011 8:22 AM CDT up reply actions  

Ha! Yeah, it was sort of tedious

I’ve got it all in a spreadsheet so it can be updated if new info comes in: (Babineaux’s contract, Harris’s contract, etc)

Unofficial MCM QB Rating Hater
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by rothbard on Aug 11, 2011 8:30 AM CDT up reply actions  

Dolla. Dolla. Bills. Y'all.

Official MCM Hater!

"Our depth chart this year:

1) Not Vince Young
2) Not Vince Young
3) Not Vince Young

Looks like we upgraded."

by gramsey712 on Aug 11, 2011 8:02 AM CDT reply actions  

Yeah, like I'm going to spill coffee all over this $3,000 suit! COME ON!

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 10:42 AM CDT up reply actions  

I love how each time he says it, the amount of the suit gets progressively higher (though we went out of order here).

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 10:43 AM CDT up reply actions  

It was, that whole series is great.

But nothing will EVER beat Mrs. Featherbottom.

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 10:49 AM CDT up reply actions  

Yes!

I woke up the entire house when I saw that moment for the first time with my laughter.

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 10:54 AM CDT up reply actions  

Mrs. Featherbottom was one of the best characters on that show

actually Tobias (David Cross) is probably one of the funniest humans alive.

The Saint of MCM

by StPrattrick on Aug 11, 2011 10:56 AM CDT up reply actions  

Cap expert

I used to be very well versed on the old CBA. I actually read it on occasion. I haven’t had a chance to delve into the new CBA, but here are a few thoughts I have so far on the way I am understanding things:

Each team does not have to be at 99% of the cap, but the whole NFL combined. The cap is 120.3 million, but teams have the ability to borrow 3 million from a future cap. There will be so many teams borrowing that the actual cap should be at 100% or possibly even 101% when all is said and done.

The cap is based on the top 51 paid players only. This allows wiggle room for injuries.

My guess is that the Titans could sign CJ to his deal and could still be 10 to 20 million under the cap when the season starts.

by TitanRob on Aug 11, 2011 8:07 AM CDT reply actions  

The cap is based on the top 51 in the offseason

Not once regular season starts

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by rothbard on Aug 11, 2011 8:08 AM CDT up reply actions  

In regards to the 99% of cap....

This is a bit confusing, and you can check out my link in the post above for more info, but the “99% of cap” is different from hard cap implications.

Think of it this way. The Titans must spend 99% of $120 mm this year. But, bonuses written into contracts this year influence that figure. So, if CJ were to accept a contract with $25 mm in bonuses over 5 years, all of that could go towards the “99% of cap” requirement, but only $5 mm would go towards the hard cap this year ($25 / 5 years). The teams must spend 99% of cap this year, but the CBA allows future promised spending to be lumped into that figure this year to help reach that number.

In a sense, there are two sets of cap requirements. They are working off of similar information, but calculated very differently.

by SuperHorn on Aug 11, 2011 8:20 AM CDT up reply actions  

Actually the Titans do NOT have to spend 99% of the cap

The league as a whole must spend 3.8 billion in total cash (bonus + signings). At least this is what I understood.

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by rothbard on Aug 11, 2011 8:31 AM CDT up reply actions  

This is right.

It’s why some teams are still drastically under the cap as an individual team (Bucs, etc.), they’re riding on coattails of teams that have given out big contracts and thus the league as a whole is spending that 3.8 billion. You can thank the Eagles, Texans and Sparkle Kitties.

he never will wear number 10 - Fernando brazil refering to Locker. Uh...

by ronburgundy7427 on Aug 11, 2011 8:41 AM CDT up reply actions  

There is no cap in the offseason

Teams have to be at the cap or below when the league year starts. Then they can go over the cap as much as they want in the offseason and don’t have to be under the cap until the season starts, at which time, they must be under the cap until the season ends.

At least that is my understanding of it.

by TitanRob on Aug 11, 2011 8:13 AM CDT reply actions  

There is absolutely a cap in the offseason.

Teams were required to be under the cap as of 8/4/11 4:01 EST

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by rothbard on Aug 11, 2011 8:33 AM CDT up reply actions  

Yes, and league calendar states all teams must be under the cap at that time

I was still considering it “offseason” until first regular season weekend

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by rothbard on Aug 11, 2011 8:51 AM CDT up reply actions  

always worth a look

Interesting that so many characters are thought to possibly not make the team. The NFL is definitely interesting in the fact that the players have contracts, yet the teams don’t really have to honor them.

Regardless, this is the kind of thing that CJ’s people should be bringing up to the FO. If I’m correct, the floor is 99% of the cap, which comes out to $118.8M – we aren’t even there yet! You’d think they could at least get him a bonus that would put us at the floor, get him into camp, and work out the contract after that.

TN Sports fan in Hoosier Country....

by Evanbio on Aug 11, 2011 9:06 AM CDT reply actions  

"Not making the team" <> "not honoring the contract"

Being cut is part of the contract.

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by rothbard on Aug 11, 2011 9:14 AM CDT up reply actions  

And there is no floor

see above comments

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by rothbard on Aug 11, 2011 9:14 AM CDT up reply actions  

yeah, i just noticed that. though i believe there IS a floor, it’s not strictly a per team floor. It’s an interesting solution, and I wonder if we’ll start to see the NHL and NBA work out something similar.

TN Sports fan in Hoosier Country....

by Evanbio on Aug 11, 2011 9:56 AM CDT up reply actions  

It's temporary

Unofficial MCM QB Rating Hater
Epistemological Police

by rothbard on Aug 11, 2011 10:03 AM CDT up reply actions  

"wher be our moneyz!!?!"<<<<----HA!

Well done!

"Power corrupts. Absolute power is kind of neat."

by MexicanTitanFreak on Aug 11, 2011 9:47 AM CDT reply actions  

Cool

good job! stats help arguments. :)

“I like money”
http://www.youtube.com/watch?v=sZHCVyllnck

by oilertitan on Aug 11, 2011 9:56 AM CDT reply actions  

Very good post and excellent research, rothbard.

At Hope’s pricetag, I’m not sure we can justify keeping him around this season. Even if he improves his play, I’d rather go younger and cheaper at that spot.

I don’t doubt that we can find some way to work CJ’s new deal under our cap, my main concern is that it will hurt the team down the road, when his play no longer lives up to the contract.

WTF: Appropriate initials given my thought processes.

by WinnipegTitanFan13 on Aug 11, 2011 10:18 AM CDT reply actions  

Haven't read the new CBA yet

But I do have a much more detailed spreadsheet. Unfortunately the NFLPA closed their back door, at least to most of us, so getting known good information is harder than it used to be. A couple notes off the top of my head, since the spreadsheet’s on my home PC:
1. Hope’s comp this year is actually $7 million, including the $500k roster bonus he was recently paid.
2. For Roos or Stewart or both, the signing bonus is pro-rated over the first X (6, IIRC) years of the contract, not the full X+1 (7?) year term, so his cap number may be higher than you have it.
3. There’s Z in dead money from VY getting cut and an additional unknown amount (I don’t have a signing bonus number) from Tony Brown as well.

JTB at TitansCentral had a very nice and, from what I could tell, pretty accurate salary cap page, but with the demise of TC I’m not sure if he’ll be keeping it up.

by NewsToTom on Aug 11, 2011 10:29 AM CDT reply actions  

Titans take $7m cap hit for this

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by rothbard on Aug 11, 2011 11:03 AM CDT up reply actions   1 recs

Yeah, they need to cut Hope and Haye

Then, possibly re-sign them to smaller deals…that should open up >$8mln in cap room to sign CJ.

I just don’t think the FO has a lot of urgency to signing CJ until they get the roster more finalized…they probably figure that CJ will be able to catch up quickly in the offense.

Either way, I doubt we’ll see anything happen until after the 2nd preseason game.

by shawneriksmith on Aug 11, 2011 11:49 AM CDT up reply actions  

I'm not gonna say "pay da man" since I am graduating from college this week...

its “pay the man”

"hey, quit reading these ridiculous words of wisdom and get back to work!"

Music City Miracles Hall Of Fame, Class of 2010

by stetix01 on Aug 11, 2011 10:32 AM CDT reply actions  

and btw

nice work rothbard

"hey, quit reading these ridiculous words of wisdom and get back to work!"

Music City Miracles Hall Of Fame, Class of 2010

by stetix01 on Aug 11, 2011 10:34 AM CDT reply actions  

Excellent post, rothbard.

Appreciate you going through the numbers of it.

The Force is with you, young SkyLocker, but you are not a Jedi... yet!

by J3G77 on Aug 11, 2011 11:15 AM CDT reply actions  

It kind of makes me nauseous seeing that Nate Washington is making almost 5 million dollars this year

Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year
Nate Washington is making almost 5 million dollars this year

Fierce proponent of extending Chris Johnson's contract

by BythePowerofMunchak! on Aug 11, 2011 2:16 PM CDT reply actions  

They have to pay him extra

He is gonna drop most of it.

(Lazy joke I know, but one that had to be made)

Official MCM Hater!

"Our depth chart this year:

1) Not Vince Young
2) Not Vince Young
3) Not Vince Young

Looks like we upgraded."

by gramsey712 on Aug 12, 2011 8:31 AM CDT up reply actions   1 recs

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