Reggie McKenzie's Dead Money

[ReBirthofNumber81]

With the release of Michael Huff and Darrius Heyward-Bey, The Raiders now have $32.9 million worth of dead money in 2013, which is 26.7 percent of the total salary cap. The Raiders added $14.8 million in dead money with the releases and saved just over $6 million of cap space according to overthecap.com.

counts against the salary cap for one year, even though the player is not on the team. It’s money that typically has already been paid to the players in the form of signing bonuses.

According to overthecap.com, the Raiders have $77.8 million committed to players who are currently on the roster. The salary cap of $123 million plus the $4.5 million the Raiders rolled over from 2012 is the total amount the Raiders can spend in 2013, or $127.5 million.

Take this $127.5 million subtract the $32.9 in dead money and the $77.8 million in player contracts to arrive at the total cap space before any signings ($16.8 million in cap space before the re-signing of Phillip Adams).

Approximate Current Cap Space: $16.2 million*


A few questions for the Nation

1.How does dead money work? Does it carry over to future years also? (please dont answer that question if you are not 100% sure, i'm tired of incorrect info)

2. For EVERYONE to answer... How do you feel about this? Is Reggie doing the right thing? Will we be competitive in the near future? If so when?

Things are crazy right now! Want to hear your opinions

[JTR8dr85]

2013 dead money is 2013 dead money so well have that available 2014 but dont forget dead money coming from branch and briesel they restructured so that will hit 2014 cap. I like what reggie did im just a bit nervous , only 3 defensive starters, Wow!

[themadstork]

I know you're looking for someone who is 100% sure they know what they're talking about...so I'm hesitant to post. But check out this article from The National Football Post...this guy seems like he knows what he's talking about:

http://www.nationalfootballpost.com/...disasters.html

Evidently, McKenzie wants as much off the books for next year as possible. He's going to wipe the slate clean.

-Stork

[fishedz]

Also check out askthecommish for salary cap info.

Dead money is the gaurenteed money we are paying people who no longer play for us anymore. That portion of a players contract is something we cannot get out of, and must pay when we cut them.


Your question regarding regarding years depends on when they are cut. If they are cut after June 1st, the team can prorate the hit over two years.

[ReBirthofNumber81]

so assuming this we could just cut TK,Mcclain,and palmer before june 1st and take the hit this year. Sign a bunch of one year guys to fill in the roster. Their contracts will expire at the end of next season. and Boom we are like 60 million under cap and can sign whoever we want.

So this draft will be the START of our rebuild. Next year we will make a HUGE SPLASH

Our core is looking like .... Tyvon Branch, Lamaar Houston, Miles Burris on defense
and offense Darren McFadden, Rod Streater, D Moore, Jared Veldheer, Wisnewski, Marcel Reece

They said they would identify our core this year and they have. I am a HUGE Palmer fan but its obvious he HAS TO BE CUT with the direction were going. if he is not cut, i will question alot about reggie

[Shred003]

1.How does dead money work? Does it carry over to future years also? (please dont answer that question if you are not 100% sure, i'm tired of incorrect info)

I'm not 100% sure, by any stretch.

I think, however, some contracts end up counting against the cap for multiple years; some contracts can be voided. I have no idea, however.

2. For EVERYONE to answer... How do you feel about this? Is Reggie doing the right thing? Will we be competitive in the near future? If so when?

Things are crazy right now! Want to hear your opinions

The 2013 outlook doesn't look great.

In 2014, however, the Raiders might end up $32M+ in cap space when the dead-money comes off the books. With $32M, the Raiders are going to be major players next year.

[bigjunior559]

Honestly im a bit nervous now that Dez, Wheeler & Huff are gone but my gut tells me it was the right thing to do seeing as how Wheeler & Dez were both offered HUGE contracts. We have some SERIOUS work to do on our defensive side, as far as the offense goes im not too hurt about DHB being cut but now we desperately need to bring in a veteran wideout(someone who commands a double team). I think Meyers is also as good as gone so were probably going to need a TE as well. Hopefully Carson sticks around for another year to give us a little bit of stability somewhere on our team. Now we really cant afford to waste a draft pick on a QB in this years draft...

[fishedz]

so assuming this we could just cut TK,Mcclain,and palmer before june 1st and take the hit this year. Sign a bunch of one year guys to fill in the roster. Their contracts will expire at the end of next season. and Boom we are like 60 million under cap and can sign whoever we want.

So this draft will be the START of our rebuild. Next year we will make a HUGE SPLASH

Our core is looking like .... Tyvon Branch, Lamaar Houston, Miles Burris on defense
and offense Darren McFadden, Rod Streater, D Moore, Jared Veldheer, Wisnewski, Marcel Reece

They said they would identify our core this year and they have. I am a HUGE Palmer fan but its obvious he HAS TO BE CUT with the direction were going. if he is not cut, i will question alot about reggie

Yes, that is why I have supporting cutting all the dead contracts. We paid a small handful of players over 80% of our cap # which is friggin stupid....


The teams that win consistently and get to the SB fill their roster with mid grade players and let the high paid ones leave because their backup has been training behind them for 2-3 years. This is why it takes time with a guy like Reggie, and even with that kind of money, I do not see him spending a ton in FA. He will continue spinning the wheel until he finds guys that fit his demeanor. I gaurantee we offered contracts to Bryant and Wheeler, but those guys left for more money, and got paid more then they are worth off a season of production. That's how you know we have a good GM.... He will not overpay for average players, because he can find them in the draft all day...


Right now Reggie is planting seeds on the farm, and he needs a few drafts to let them grow. Do not expect him to blast our a huge FA that potential hurts our team for years unless it is a game changing franchise player. He will continue to cut these terrible players, build through the draft, develop talent, and when he does get the money the roster will be filled with smart players, not overpaid dbags.

[fishedz]

As far as having to cut a player like Palmer...


Palmer is not worth his contract, we know that, and we need the money. If we take a QB in the draft or sign a FA he is gone. That hit after June 1st is much easier to swallow over two years, so a move will either be made any second, or we will see the signs of it and it will take place June 1st.


All the QB chatter has me wondering....

[Blackheart1]

I know you're looking for someone who is 100% sure they know what they're talking about...so I'm hesitant to post. But check out this article from The National Football Post...this guy seems like he knows what he's talking about:

http://www.nationalfootballpost.com/...disasters.html

Evidently, McKenzie wants as much off the books for next year as possible. He's going to wipe the slate clean.

-Stork

That was a great find there, MS. Thanks for that!

Man, those are some huge numbers!

[00raider81]

As far as having to cut a player like Palmer...


Palmer is not worth his contract, we know that, and we need the money. If we take a QB in the draft or sign a FA he is gone. That hit after June 1st is much easier to swallow over two years, so a move will either be made any second, or we will see the signs of it and it will take place June 1st.


All the QB chatter has me wondering....

Im not expecting to see Palmer back, but i also don't expect him to be released until after the draft, so we have a little trade room. if no trade then post 6/1 designation. Same for McLame, but if there is no interest, i can see us just waiting till june 1, as we might have to use the designation on someone else and we owe him no favors. Rumor is baltimore may give us a 7th for him, kinda cool to get mr. irrelevant.

I liked DHB and wouldn't be suprised to see him back. Huff will get a job, hate to see him go, but it's time. it's reported they asked him to take a cut.

Now lets see what our (RM's) scouts can do. we have to hit on most if not all picks and have a few udfa's step up.

[GREATNESS ONE]

2014= Salary cap heaven

[olddude]

Yes, that is why I have supporting cutting all the dead contracts. We paid a small handful of players over 80% of our cap # which is friggin stupid....


The teams that win consistently and get to the SB fill their roster with mid grade players and let the high paid ones leave because their backup has been training behind them for 2-3 years. This is why it takes time with a guy like Reggie, and even with that kind of money, I do not see him spending a ton in FA. He will continue spinning the wheel until he finds guys that fit his demeanor. I gaurantee we offered contracts to Bryant and Wheeler, but those guys left for more money, and got paid more then they are worth off a season of production. That's how you know we have a good GM.... He will not overpay for average players, because he can find them in the draft all day...


Right now Reggie is planting seeds on the farm, and he needs a few drafts to let them grow. Do not expect him to blast our a huge FA that potential hurts our team for years unless it is a game changing franchise player. He will continue to cut these terrible players, build through the draft, develop talent, and when he does get the money the roster will be filled with smart players, not overpaid dbags.

fishedz is 100% on the mark... Great teams use FA only to supplement not to build continued success. Look at Greenbay, the Pats, Chicago, Pittsburgh and again SF. The draft is the most important part of a teams success. We need the core group to learn and become the leaders on this team, while the free agents add knowledge and experience. The other big thing that we are doing now, that we have not done so much before with Big Al is we are staying to a formula that is used across the NFL to determine value. The Raiders new cap guy and RM invested in new software this past season and you can bet they are using that program to keep a players value in line with their current cap and dead money situation. We started the rebuilding process the day RM walked in the door but now we are able to see the plan in action. It's going to painful this year but next year like fishedz said we will have money to spend on those mid tier guys that will help make us competitive. Add that to another draft year and by 2015 we should be really strong and built to last!

[Wolfe-Raider]

Nicely said Olddude and what many of us have been preaching.

[raiderizer]

I dont know anything about there money situations.I dont know hoe much money they have to spend or nothing.