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Official Salary Cap Thread


HoosierCat

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The cuts just keep on coming.

There were two roster moves made in the division, and neither come as a surprise. The Steelers released defensive end Aaron Smith (according to ESPN NFL Insider Adam Schefter), and the Ravens cut cornerback Chris Carr (according to the NFL Network).

Both were based as much on performance as salary-cap ramifications. Smith, who is scheduled to make $2.1 million this year, has seen four of his past five seasons cut short by injury. Carr, whose 2012 salary was $3 million, was injured soon after signing four-year, $14 million deal (included $3.8 million signing bonus) this summer and never regained his starting spot.

What's next for the Steelers and Ravens?

The next to go in Pittsburgh is likely inside linebacker James Farrior, one of the top leaders on the Steelers defense. His agent indicated that the "percentages" aren't with the Steelers keeping Farrior. "He wanted to retire a PS [Pittsburgh Steeler] but he is healthy and ready [and] wants to play," agent Ralph Cindrich posted on Twitter. Farrior, 37, is scheduled to make $2.8 million in 2012, the final year of his deal.

The next to go in Baltimore is expected to be cornerback Domonique Foxworth, who has only played two games the past two seasons. The knee injury that put him on injured reserve the past two years could force him to retire at the age of 28. Foxworth declined to talk about the knee last month. Asked if it could stop him from ever playing again, he said, "That's a tough question." Foxworth, who is scheduled to make $5.6 million in 2012, could seek an injury settlement.

Just like a McDonald's commercial, I'm lovin' it!

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Source: League, union “scrambling” to push up 2012 cap number

Posted by Mike Florio on March 3, 2012, 11:16 AM EST

So why don’t teams know, only 10 days away from the launch of a new league year, the 2012 salary cap?

A source with knowledge of the situation tells PFT that the league and the NFLPA currently are “scrambling” to increase the tentative number.

The problem arises from two realities. Under the new CBA, players receive a finite number (47 percent of specifically defined revenues) to cover both salaries and benefits. But the costs of the benefits have increased, driving more of the allocation away from salaries.

And so, for roughly a week, the NFLPA has been trying to re-do the numbers in order to trim back the benefit costs and in turn drive up the salary cap.

It’s not the first smoke-and-mirrors exercise under the new CBA. The absence of a performance-based pay system in 2011 directly resulted in a higher salary cap for 2011. This year, the return of the performance-based pay system (at $3.46 million per team) takes money away from the cap.

While the union currently is trying to find a solution, it’s a shared problem. The league doesn’t want the players to think they got a bad deal in 2011, and so the league has a certain amount of willingness to cooperate with the effort. Moreover, the teams (most of them, at least) want to drive up the cap number in order to have more money to spend.

Regardless, the number will come out at some point within the next 10 days. The longer it takes, the more likely it will be that, in the end, this problem has no acceptable solution.


/>http://profootballtalk.nbcsports.com/2012/03/03/source-league-union-scrambling-to-push-up-2012-cap-number/

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