I think he's talking about cash spending to satisfy the 4-year 89% threshold. The Colts have ~$86m in cap space this offseason...they just need to spend an additional $43M in cash (through guarantees and base salaries) to get to the 89% cash spend threshold over the 2017-2020 period.
On a side note...the Colts cash spending vs. cap has been on average a ratio of 1.10...so $43M in cash (per the OTC report) would actually be about $39M in cap space.
This is the MINIMUM we have to spend. We still can spend a lot more... up to about 85-90M. But we just might choose not to.
about where the money went - Jacoby(21), TY(15), Kelly(10), Houston 9, Doyle, Desir, Autry, Moore, Glowinski, Hoyer ... Luck has 6.5M dead cap...
You know...that's the rub. I personally see only Joe and Tua as worth of the #13 pick...and I doubt that Tua will be there, nor do I have faith that Ballard would hang the teams future on a QB with that significant on an injury.
You may be right, but I certainly hope you’re wrong. Because if you’re right, there will not be much money left to sign many (any?) free agents.
We've all been expecting a class bigger than the standard two very good players, one on offense, one in defense. Where did all the money go?
Yeah... a lot of our capspace is not because we are not spending a ton right now, it's because of carryover from previous seasons.
and we are almost there...
edit: just checked and Kelly actually accounts for 10.35M right now(5th year option), so adding 2 more mil won't affect it that much.