Foyesade Oluokun 12M 3Y Leonard Williams 5M 2Y Gus Edward’s 4M 1Y Nick Westbrook-Ikhine 8.5M 2Y *edited to remove a bid I previously made yesterday
What you see there are bids I just placed. I edited the original post to delete a duplicate bid I had made yesterday. I only put the asterisk in to state I edited the post. Hope that clarifies things
The Wolves will be extending contract offers to: RB - Emanuel Wilson, GB - $1,000,000 for 3 years WR - Tank Dell, HOU - $1,000,000 for 3 years WR - Marvin Mims, DEN - $1,000,000 for 3 years WR - Devauhn Vele, DEN - $1,000,000 for 3 years DB - DeShon Elliott, PIT - $1,000,000 for 3 years DB - Jeremy Chinn, WAS - $1,000,000 for 3 years
I think I need some clarification on this new only 20% of my remaining salary cap budget rolls over to the next year. example: as of right now, I have about $150 million free (20% would be $30 million) If I were to draft a player in each round of the draft, I would have to pay a total of $32 million+. No one would ever have enough to sign their draft picks. I assuming that I must be misunderstanding something?
You will also be losing contracts. Those are the players you are replacing on your roster. Still need to manage your cap. There is also a raise in the overall cap every season. It works out as long as you don’t over extend. The rollover gets added to the overall cap.
Simpler explanation…not real numbers by the way… 2024 salary cap 250,000,000 You had a salary of 200,000,000 50,000,000 overage 2025 salary cap 275,000,000 20% rollover = $10,000,000 you now have 285,000,000 salary cap to spend Subtract your current contracts that are carried over and that gives you your available money to sign players. 2024 you had 200,000,000 in contracts After you add your 5 re-signed contracts and possibly a franchise tag. You still have say 10 expiring contracts that were worth 80,000,000. The extended contracts cost you an additional $10,000,000 over those players original contracts. You now have an additional $70,000,000 from expiring contracts… but need to sign 10 players So here is the numbers: 2024 salaries: $200,000,000 Re-signed 5 expiring contracts taking you to $210,000,000 with added percentage. 10 expiring contracts @$80,000,000 now gives you contract cost of 130,000,000 new salary cap for 2025 including carryover minus current contract costs: $285,000,000 - $130,000,000 =$155,000,000.00 to spend on your 10 roster spots to fill your roster, including draft picks if you choose to sign them.
Basically, rollover works as money not spent during this year that will have a portion of it credited to next. The reason for the change down to only 20% was because we were looking down the barrel of a situation where some owners were going to have rollover cash that was over half of total to the entire cap if they continued to choose not to spend in free agency. Let's take a look at an example from some actual numbers: We'll use kelce&Swift since they retained no one and have made no moves thus far in FA. If you look at the bottom of their contract sheet, you'll see the numbers from rollover cash. That is 20% of what their total was for last season's money that was not spent. That's after removing the previous season's rollover and figuring for all active contracts on the books the day before season close, 2024. This gets added to the books for 2025 as cash to be spent over what is existing for 2025. Like @IrishDawg42 was pointing out - This is basically added to the top of your cap giving you more money to spend then what the cap would allow on it's own. If you look at just the 2024 books for K&S, you could remove the 2023 spending and have $76mil+ of usable cap space with 36 players still on contract. Move onto the 2025 sheet with expired contracts and, to use myself as an example, I had roughly $15mil+ of rollover (20% of total) and it put me at $123mil+ prior to signing 3 players. I make for a pretty good barometer on where we are, because I have one of the most expensive (I think it was the most going into the offseason) teams in the league and still had an enormous amount of money to spend. Does this give you the type of answer you are looking for? Or is there something more specific, or directional, that you are trying to ascertain?