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jakedog56
Well-Known Member
So at this point we $8.3 million remaining (according to Over the Cap). This is without Lynch's situation being figured in as he has not filed retirement papers.
A pre-June 1st release of Lynch would free up $6.5 million which brings it up to $14.8 million.
But this is before other factors are considered. Leave about $3 million for IR, $1 million for practice squad, maybe an additional $1 million for any cuts.
If the Seahawks release Lynch post June 1st, then the dead money is spread over 2 years at $2.5 million instead of 1 year at $5 million.
I am not sure exactly how much the draft will cost the Seahawks. Maybe $3.5-4 million?
So depending on the Lynch contract situation, a rough estimate of actual remaining cap space including the signing of draft picks and additional money the actual remaining cap space is in the $6 to 8 million range. I am assuming that this can be used on 2-4 veteran players, maybe post June 1st cuts or possibly even later.
If the Seahawks decide to eat all of Lynch's dead cap hit this year, it puts the team in better position financial position for next year. Also, they could leave the extra cap space alone and roll it over into next year but I don't necessarily see the benefit of doing this on a "win now" team unless there are really no options available for improvement.
A pre-June 1st release of Lynch would free up $6.5 million which brings it up to $14.8 million.
But this is before other factors are considered. Leave about $3 million for IR, $1 million for practice squad, maybe an additional $1 million for any cuts.
If the Seahawks release Lynch post June 1st, then the dead money is spread over 2 years at $2.5 million instead of 1 year at $5 million.
I am not sure exactly how much the draft will cost the Seahawks. Maybe $3.5-4 million?
So depending on the Lynch contract situation, a rough estimate of actual remaining cap space including the signing of draft picks and additional money the actual remaining cap space is in the $6 to 8 million range. I am assuming that this can be used on 2-4 veteran players, maybe post June 1st cuts or possibly even later.
If the Seahawks decide to eat all of Lynch's dead cap hit this year, it puts the team in better position financial position for next year. Also, they could leave the extra cap space alone and roll it over into next year but I don't necessarily see the benefit of doing this on a "win now" team unless there are really no options available for improvement.