NYJ Salary Cap Situation

Discussion in 'New York Jets' started by HomeoftheJets, Mar 19, 2016.

  1. Footballgod214

    Footballgod214 Well-Known Member

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    Chris Ivory, Brandon Marshall, Richardson, there's 3 in the last 2 yrs.
     
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  2. jerseyjay14

    jerseyjay14 Well-Known Member

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    those are deals where we traded a draft pick for a player... he was talking about trades where we traded a player and got a draft pick
     
  3. edray10

    edray10 Well-Known Member

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    Well, generally yes because we drafted badly. Although the Revis trade for a pick that became Richardson was where we traded a player and got a draft pick back.
     
  4. edray10

    edray10 Well-Known Member

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    Even though we don't have all the information, we may be able to guess the 2016 salary cap hit for McLendon and Jenkins, assuming Macc wanted to reduce their cap hit as much as possible for 2016 and was willing to carry over some dead money into the future if they're cut.

    McLendon has a 3 year $10.5 million deal with $4 million guaranteed. Jenkins has a 2 year deal for $7 million with $3 million guaranteed. I think that Macc doesn't like to have guarantees extend beyond the first year of the deal, if so, we can assume McLendon's first year compensation (signing bonus + base salary) is $4 million and that Jenkins first year compensation is $3.5 million (half of the $7 million). Since McLendon's 3 year deal pays an average of $3.5 million/year, we can guess perhaps for McLendon a $500k base salary and a $3.5 million signing bonus, so the first year cap hit would be $500k + $3.5/3, approximately $1.7 million. A similar exercise for Jenkins would be perhaps a $500k base salary and a $3 million signing bonus, so his cap hit would be $500k + $3 million/2 (2 year deal) or $2 million. Together they would have a cumulative 2016 cap hit of $3.7 million.

    Incidentally, since their deals may not be signed yet, its quite possible that while Macc agreed to the general terms of the deal, he hasn't yet decided how much to put into first year base salary and signing bonus for these agreements.
     
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  5. vicmill

    vicmill New Member

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    That's what happens when you draft for need.
     
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  6. Footballgod214

    Footballgod214 Well-Known Member

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    ahh my bad. We traded Keyshawn for Pennington, Mangold, and D'Brick right? Or something like that....we had 4 first round picks and some of them came from trading Keyshawn and Belicheck.
     
  7. Br4d

    Br4d 2018 Weeb Ewbank Award

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    Strictly speaking the Jets got Mangold and Becht for Keyshawn. That was the 13 turning into John Abraham and the 27 which turned into Becht. It was more than an even trade given the Jets also got some cap relief at a time when the 98-99 window's cap charges were coming due.

    The Jets natural pick in 2000 was the 18 and that's where they got Chad. They also had the 16, which was the compensation for Bill Belichik moving to the Pats while under contract to the Jets, and that turned into the 12 when they traded it and the 48 to the 49ers and then took Shaun Ellis with that pick.
     
  8. jerseyjay14

    jerseyjay14 Well-Known Member

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    the argument there is if we kept revis we still would have drafted richardson at 9, as milliner was a need pick
     
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  9. jerseyjay14

    jerseyjay14 Well-Known Member

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    if i remeber correctly...keyshawn turned into abraham and ellis i believe. pennington was our own pick, and got the becht pick in a seperate deal

    so that worked out well
     
  10. GreenGreek

    GreenGreek Well-Known Member

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    I think Keyshawn was Abraham & Becht, Ellis was Belichick after a trade up & Pennington was our original pick.
     
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  11. Beki

    Beki Active Member

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    Manish Mehta @MMehtaNYDN
    Source: @NYJets DT Steve McLendon's 2016 cap charge: $2.5M ($1.75M base salary. $2.25M signing bonus). #NYJ currently out of cap space.
     
  12. vokab206

    vokab206 Well-Known Member

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    @FieldYates
    Source: the Jets converted $3.69M of G James Carpenter's $4.45M base salary in 2016 into a signing bonus, creating $2.46M in cap space.
     
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  13. Beki

    Beki Active Member

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    The joke is that it was only enough to sign McLendon.
     
  14. BroadwayAaron

    BroadwayAaron Well-Known Member

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    What joke?
     
  15. Jay Bizniss

    Jay Bizniss Well-Known Member

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    We over here offering Fitz $11 and a Big Mac.
     
  16. BroadwayAaron

    BroadwayAaron Well-Known Member

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    That's $1 mil and a Big Mac more than he's worth.
     
  17. Br4d

    Br4d 2018 Weeb Ewbank Award

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    Fitzpatrick may not have said yes yet because his agent is concerned the Jets might say "never mind, we don't really have the cap space" and destroy his market in the process.

    The Jets may be doing him a favor by making a phantom offer so he can maintain the illusion of a market for his services without anybody else really inquiring much.
     
  18. jetlife21

    jetlife21 Well-Known Member

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    Good for Carpenter for restructuring but it's sad we had to make a restructure just for 2.5 mil. Hopefully some other OL on our team can take note and rework their deals. It's going to be pretty damn hard to free up the money for Fitz and our draft picks now.
    This probably end our FA spending unless we want to bring in a veteran on a cheap 1 year deal. One guy I've suggested is Greg Hardy if Bowles thinks he can handle him and we get him on a 1 year prove it deal we could really do better at getting to the QB next year without spending much money.
    I do think he's better than any pass rusher at 20 and allows us to take BPA in the draft.
     
  19. Catfish Billy

    Catfish Billy Well-Known Member

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    Our O-line was alright only cause Fitzpatrick got rid of the ball quickly. Cut Breno and cut or restructure Brick, start Qvale, sign a vet, draft a tackle, and we're good.
     
  20. vokab206

    vokab206 Well-Known Member

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    We need to trade Mo and cut Brick. Plain and simple. Saves $24 million in cap space. Draft a DT in round 1 and a Tackle in round 2. Sign a vet. Saves a TON of cap space. We will get a draft pick in return for Mo. Got to cut costs somewhere. Maybe this is why we are in wait and see mode with Fitz.
     

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