Colts transactions / details (ONLY) [Merge]

[Superman]

@bababooey just reminded me that we did this a couple years ago. There wasn't too much reason to do it last year, but we have a lot of changes this year, so we'll try to keep track of them all here.  This thread is for information about contract details for Colts players, those who have re-signed with the team, or who have joined the team. I'm also going to add former Colts who have left for other teams (or retired). Please don't post anything else, no rumors, no complaints, etc. Just terms and details, and a source if you have it. Thanks.
 
Retentions:
Jack Doyle -- three years, $18.9m + $2m incentives (reported, no details yet), $7.5m guaranteed, 2017 cap hit $8m http://www.spotrac.com/nfl/indianapolis-colts/jack-doyle-12994/ https://twitter.com/MikeGarafolo/status/839275498962358272

Robert Turbin -- two years, $4.1m with incentives, 2017 cap hit $1.6m https://twitter.com/JasonLaCanfora/status/841378829738340358 http://www.spotrac.com/nfl/indianapolis-colts/robert-turbin-9919/

Darius Butler -- one year, $4.5m with incentives, 2017 cap hit $4.5m  https://twitter.com/AdamSchefter/status/842719602392154112 https://twitter.com/AaronWilson_NFL/status/843906780262551552

 

 

 

Additions:

Jeff Locke, punter, Vikings -- two years, $3.45m, 2017 cap hit $1.75m http://www.spotrac.com/nfl/indianapolis-colts/jeff-locke-12436/

John Simon, OLB, Texans -- three years, $13.5m, 2017 cap hit $6m http://www.spotrac.com/nfl/indianapolis-colts/john-simon-12410/

Barkevious Mingo, LB, Patriots -- one year, $2m + $500k incentives, 2017 cap hit $2.5m (updated 3/17) http://www.spotrac.com/nfl/indianapolis-colts/barkevious-mingo-12286/

Jabaal Sheard, OLB, Patriots -- three years, $25.5m, $9.5m guaranteed, 2017 cap hit $10m http://www.spotrac.com/nfl/indianapolis-colts/jabaal-sheard-7752/

Margus Hunt, DE, Bengals, two years, $4.1m, 2017 cap hit $2.1m https://twitter.com/RapSheet/status/841429093786746880 http://www.spotrac.com/nfl/indianapolis-colts/margus-hunt-12334/

Brian Schwenke, OL, Titans, one year, $1.3m, 2017 cap hit $1.3m https://twitter.com/KBowenColts/status/841461346432647168 http://www.spotrac.com/nfl/indianapolis-colts/brian-schwenke-12388/

Al Woods, DT, Titans, two years, $4.25m, 2017 cap hit $2m (per Spotrac) http://www.spotrac.com/nfl/indianapolis-colts/al-woods-6631/ https://twitter.com/RapSheet/status/842391334229049344

Sean Spence, ILB, Titans, one year, $3m with incentives, 2017 cap hit $3m https://twitter.com/AaronWilson_NFL/status/843493792535760902

Brandon Williams, TE, Seahawks, one year, $855k, 2017 cap hit $855k https://twitter.com/AaronWilson_NFL/status/844281391504330754

Kamar Aiken, WR, Ravens, one year, $2.6m, 2017 cap hit $2.6m https://twitter.com/AaronWilson_NFL/status/844292900594892803 https://twitter.com/AaronWilson_NFL/status/845015818236821506

Joe Fortunato, LS, college free agent, pending details, projected 2017 cap hit $500k https://twitter.com/Colts/status/845003022048673792

Johnathan Hankins, DT, Giants, three years, $30m (with incentives), 2017 cap hit $10m + incentives http://www.stampedeblue.com/2017/4/18/15346896/details-on-johnathan-hankins-contract-with-the-colts

 

 

 

Losses: 

D'Qwell Jackson, released, $5.5m cap savings

Pat McAfee, retired, $2.55m cap savings (assuming the Colts don't try to collect his signing bonus)

Joe Reitz, retired, $2.5m cap savings

Robert Mathis, retired, no cap savings

Dwayne Allen, traded to Patriots with 2017 pick 6/200 in exchange for 2017 pick 4/137, $2m cap savings

Patrick Robinson, released, $2.5m cap savings

Zach Kerr, signed with Broncos, two years, no further details

Mike Adams, signed with Panthers, two years, $4.2m http://www.spotrac.com/nfl/carolina-panthers/mike-adams-1412/

Arthur Jones, released, $5.15m cap savings

 

 

 

As of right now,

if I stand in $9m for Sheard's 2017 cap hit, the Colts have added ~$27m to their 2017 cap, and have subtracted ~$15m. Still assuming for Sheard and assuming ~$6m for 2017 draft picks, the Colts should have around $32m in cap space.

 

Edit: With Sheard at $10m, Turbin at $1.6m, pending details on Hunt and Schwenke but assuming a cap hit of $2m each in 2017, the Colts have added about $33.35m to the 2017 cap, subtracted ~$15m, and should have around $25.4m in cap space.

 

 

As of right now, assuming ~$6m for 2017 draft picks, counting all 71 players on the roster today (3/24), and accounting for cap penalties (released and traded players with dead money) the Colts have committed ~$157m. Only counting top 51 contracts (offseason rule), draft picks, and cap penalties, they have committed $148m to the 2017 cap. They have an adjusted salary cap of $173.6m. This leaves the team with approximately $25.6m remaining cap space. (I am not including in season buffer or practice squad contracts at this time.)

 

Edit: My cap hits include full games played roster bonuses. Spotrac has them prorated based on 2016 games played. 

Post details and I'll update as needed.

 

Edit:

Added Robert Turbin https://twitter.com/JasonLaCanfora/status/841378829738340358

Added Margus Hunt https://twitter.com/RapSheet/status/841429093786746880

Added Brian Schwenke https://twitter.com/KBowenColts/status/841461346432647168

Added details for Sheard and Turbin, updated cap standing

Added Al Woods, details pending https://twitter.com/RapSheet/status/842391334229049344

Added Darius Butler https://twitter.com/AdamSchefter/status/842719602392154112

Added details for Hunt and Schwenke

Added Brandon Williams, with details

Added Kamar Aiken

Added details on Kamar Aiken

Added Joe Fortunato, details pending

Removed $5.15m for Art Jones

Counting Woods at $2.5m; used details from Spotrac, though they conflict with earlier reports on total value

Added Johnathan Hankins, with details

 

[alawai]

Thanks Superman.

[GoColtsWin]

Thank you Supe for this write up. This is the type of detailed info that had me coming to this forum many years before I ever made an account. Keep up the great work! 

[PrincetonTiger]

Thanks @Superman

[Superman]

1 hour ago, GoColtsWin said:

Thank you Supe for this write up. This is the type of detailed info that had me coming to this forum many years before I ever made an account. Keep up the great work! 

 

Thanks, good to know. 

[Virtuoso80]

When and how much do we need to average a certain % of the cap space over the years?

[ColtsBlueFL]

31 minutes ago, Virtuoso80 said:

When and how much do we need to average a certain % of the cap space over the years?

 

It is an aggregate over 4 years, in this case it is now the 2017-2020 window.  The 2013 - 2016 window just closed,,and every team made the necessary 89% cash spent minimum.  Teams must (once again) spend 89% in cash of the salary cap over the next 4 years.  Being under it in some years can be made up in other years. Must have spent it by new season begins in 2021.

[Virtuoso80]

Just now, ColtsBlueFL said:

 

It is an aggregate over 4 years, in this case it is now the 2017-2020 window.  The 2013 - 2016 window just closed,,and every team made the necessary 89% cash spent minimum.  Teams must s(once again) pend 89% in cash of the salary cap over the next 4 years.  Being under it in some years can be made up in other years.

What's the penalty for not spending 89% over the 4 years?

[ColtsBlueFL]

1 minute ago, Virtuoso80 said:

What's the penalty for not spending 89% over the 4 years?

 

The team has to send the difference (shortage) to the NFLPA.

 

Every team made it last time (Raiders made it very late in 2016 season).

[NewColtsFan]

 

So when does Ballard bring you on as a consultant?!?         

[ColtsBlueFL]

Just now, NewColtsFan said:

 

So when does Ballard bring you on as a consultant?!?         

 

I thought Supes had that job... 

[bababooey]

Thank you @Superman this is great. Very informative!

[Mr. Irrelevant]

I don't know what is up with Mingo, but he is NOT on the Colts.com roster depth chart, and I can't find any official news from Colts that he is actually signed?

 

Maybe they didn't have the time to get the paperwork done yet? 

[crazycolt1]

1 hour ago, Mr Clueless said:

I don't know what is up with Mingo, but he is NOT on the Colts.com roster depth chart, and I can't find any official news from Colts that he is actually signed?

 

Maybe they didn't have the time to get the paperwork done yet? 

That would be my guess also.

[indyagent17]

Thanks Superman, Lois wants you to bring home some milk and bread after you beat up Lex

[bababooey]

Mingo deal is now official, side note Chud was the HC in Cleveland when he was drafted in 2013.

[Superman]

3 hours ago, Mr Clueless said:

I don't know what is up with Mingo, but he is NOT on the Colts.com roster depth chart, and I can't find any official news from Colts that he is actually signed?

 

Maybe they didn't have the time to get the paperwork done yet? 

 

 

Evidently wasn't official until today. 

[Superman]

11 hours ago, NewColtsFan said:

 

So when does Ballard bring you on as a consultant?!?         

 

11 hours ago, ColtsBlueFL said:

 

I thought Supes had that job... 

 

I'm waiting for the phone call.

[Superman]

3 hours ago, bababooey said:

Thank you @Superman this is great. Very informative!

 

Thanks for reminding me. 

[bababooey]

Erik Walden is visiting the Titans today, per PFT. I think with our recent signings it was apparent we wouldn't be making an effort to resign him. May not be the place to mention here but did not want to create a new thread completely seeing as he may be added to this list under "losses" soon.

[bababooey]

Turbin is back! 2 year deal for up to 4.1 million per Rapsheet.

[BlueShoe]

 

@Superman Nice Job!

 

So Mr. Ballard, what do you think about the execution of the Indianapolis Colts defense in 2016?

 

"I am all for it."

[bababooey]

DE Margus Hunt. 2 year deal, terms not disclosed yet

[Superman]

Adding Margus Hunt: 

 

[ColtsBlueFL]

2 hours ago, BlueShoe said:

 

@Superman Nice Job!

 

So Mr. Ballard, what do you think about the execution of the Indianapolis Colts defense in 2016?

 

"I am all for it."

 

On training camp: "It's shattering when a player loses interest in camp. When you lose your desire to stand around and eat steaks, you lose everything.''
 

Ahhh, the John McKay coaching quips tree...

[bababooey]

Colts signed G/C Brian Schwenke. 2013 4th round pick by the Titans. OL depth.

[PrincetonTiger]

This has been a very good day

[bababooey]

9 hours ago, bababooey said:

Erik Walden is visiting the Titans today, per PFT. I think with our recent signings it was apparent we wouldn't be making an effort to resign him. May not be the place to mention here but did not want to create a new thread completely seeing as he may be added to this list under "losses" soon.

I forgot Walden said goodbye to Indy on Saturday. A definite loss.

[PrincetonTiger]

1 minute ago, bababooey said:

I forgot Walden said goodbye to Indy on Saturday. A definite loss.

Yes he put a very negative tweet then retracted it and replaced it with a positive version

[WoolMagnet]

Super thread from a super dude.

thanks for the info.  It IS appreciated.  greatly.

[Yoshinator]

1 hour ago, WoolMagnet said:

Super thread from a super dude.

thanks for the info.  It IS appreciated.  greatly.

You mean Super thread from a SuperMan!  It is appreciated!

[Coltfreak]

I am pretty sure that right now we have just under 20 million left to sign any new FA's. Assuming Hunt and Schwenke average @ 2 million each 

[Colts1324]

21 hours ago, bababooey said:

Mingo deal is now official, side note Chud was the HC in Cleveland when he was drafted in 2013.

I didn't even think about that. It sounds like Ballard really listens to the coaches and is the opposite when it comes to Grigson. Pagano has stated he thinks our young offensive line will make big improvements next year. And when Ballard first came in, he said he wants to improve the offensive lines. That we need to win in between the trenches. Pagano must have convinced him that our 2nd year players will hold up. Cause I don't trust anybody in the draft to do better than what we have honestly. Other than the tackle from Wisconsin. 

[Colts1324]

28 minutes ago, Coltfreak said:

I am pretty sure that right now we have just under 20 million left to sign any new FA's. Assuming Hunt and Schwenke average @ 2 million each 

I'd be disappointed if we gave Hunt any more than 3 million for 2 years. Schwenske is probably a little under 2 as well. Both are backups and that is kind of expensive for depth. 

[bababooey]

47 minutes ago, Coltfreak said:

I am pretty sure that right now we have just under 20 million left to sign any new FA's. Assuming Hunt and Schwenke average @ 2 million each 

I'm just going by the numbers above and believe we have a little more than that. 32 million before Turbin, Hunt, and Schwenke and assuming all are around 2 mil each...

[Coltfreak]

3 minutes ago, bababooey said:

I'm just going by the numbers above and believe we have a little more than that. 32 million before Turbin, Hunt, and Schwenke and assuming all are around 2 mil each...

 

Yes  but there are other things that will come out of that money.  I am taliking available money to spend

 

$001.080m = Spots #52 and #53 on In-Season Active Roster
$006.322m = Estimated Draftee Cap Hit
$006.376m = Dead Money
$003.000m = In-Season “Churn” Space

[TheRustonRifle#7]

6 minutes ago, bababooey said:

I'm just going by the numbers above and believe we have a little more than that. 32 million before Turbin, Hunt, and Schwenke and assuming all are around 2 mil each...

Here is the latest from Spotrac and has Turbin's contract details.  Top 51 Cap Space is $35,923,819 before Schewnke and Hunt figure in:

 

http://www.spotrac.com/nfl/indianapolis-colts/cap/

[bababooey]

39 minutes ago, Coltfreak said:

 

Yes  but there are other things that will come out of that money.  I am taliking available money to spend

 

$001.080m = Spots #52 and #53 on In-Season Active Roster
$006.322m = Estimated Draftee Cap Hit
$006.376m = Dead Money
$003.000m = In-Season “Churn” Space

Supe's calc up top already included 6 million or so for draft signings, I think that is where we are off with each other.

[Coltfreak]

2 hours ago, bababooey said:

Supe's calc up top already included 6 million or so for draft signings, I think that is where we are off with each other.

Ok. If you add the rest up and take it from the amount he has.  We would be about the 19 mill I posted 

[Bravo]

I like every single one of these deals.

 

Also I could be wrong here. I'm not much of a money numbers or cap guy. I just saw somewhere on twitter that not one of the FA Ballard has signed has had a signing bonus and instead have added guaranteed money on first year of deal? What exactly does this help with? This seems like an interesting business strategy.