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UndecidedFrog

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The reason for the difference in numbers, if I read things right, is that the 14 million figure is without rookie contracts. When you add the salaries for the rookies that we will draft this year, you get a lower number. If you leave those out, you get the higher number.

UndecidedFrog has added in the (possible) rookie contracts merely to give us a better view of how much money we really have available to spend on free agents. If we were looking at the 14 million number, we'd all be shouting to sign Mike Wallace and Ted Ginn, Jr., without realizing that we have to pay our rookies something! So UndecidedFrog has added in the probable rookie contracts to give us all a better perspective on exactly how much money the Colts really have available to them.

The actual cap (high number), minus rookie contracts equals the lower number.

Oh, ok, great! Thanks guys

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If Evan Mathis leaves the Ravens unscathed, that might be one last possible signing, IMO, maybe for about $5-6 mil. per year., should be possible, IMO.

Or, bolster the D-line with Aubrayo Franklin or somebody else.

O-line or D-line is my vote for free agent money right now.

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at vet minimum $0.7MM

(all $ in MM)

46 players under contract = $71.83

Dead cap space = $37.83

Total current 2012 cap hit = $109.66

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for rookies and UDFAs

Luck = $4.20

6 Rookies at rookie minimum= $2.34

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for rookies = $8.04

Available Cap Space w/o budget for rookies = $15.04

Available Cap Space w/budget for rookies = $7.00

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at vet minimum $0.7MM

(all $ in MM)

46 players under contract = $71.83

Dead cap space = $37.83

Total current 2012 cap hit = $109.66

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for rookies and UDFAs

Luck = $4.20

6 Rookies at rookie minimum= $2.34

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for rookies = $8.04

Available Cap Space w/o budget for rookies = $15.04

Available Cap Space w/budget for rookies = $7.00

I really liked the old Avatar.
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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

(all $ in MM)

46 players under contract = $72.21

Dead cap space = $37.83

Total current 2012 cap hit = $110.04

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for rookies and UDFAs

Luck = $4.20

6 Rookies at rookie minimum= $2.34

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for rookies = $8.04

Available Cap Space w/o budget for rookies = $14.66

Available Cap Space w/budget for rookies = $6.62

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Just a question about your projected 2013 Cap: BP was on NFL 32 this week, and they when talking about the future cap in 2013, he said there would be a significant increase, and one of the hosts threw out 200 million, to which BP replied somewhere along the lines of 'slow down crazy!', but he did say it would be an increase of around [i think] 30 million. That may not have been the exact number, but it was pretty large.

Now, I'm not saying BP was right on everything, but it seems pretty hard to imagine how he could be THAT far off, you know? (Now please understand that I saw this several days ago and I've had a few college projects due along with St. Patty's Day since then, so my memory isn't great, plus I Googled the quote and couldn't find it, so if someone else saw that episode and could either confirm or correct the quote, that would be great.)

Good topic everybody, and great job Frog! I love looking at the cap numbers to [try to] better understand the moves made by the organization, and also to reference when speculating on FA signings.

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Just a question about your projected 2013 Cap: BP was on NFL 32 this week, and they when talking about the future cap in 2013, he said there would be a significant increase, and one of the hosts threw out 200 million, to which BP replied somewhere along the lines of 'slow down crazy!', but he did say it would be an increase of around [i think] 30 million. That may not have been the exact number, but it was pretty large.

Now, I'm not saying BP was right on everything, but it seems pretty hard to imagine how he could be THAT far off, you know? (Now please understand that I saw this several days ago and I've had a few college projects due along with St. Patty's Day since then, so my memory isn't great, plus I Googled the quote and couldn't find it, so if someone else saw that episode and could either confirm or correct the quote, that would be great.)

Good topic everybody, and great job Frog! I love looking at the cap numbers to [try to] better understand the moves made by the organization, and also to reference when speculating on FA signings.

The 2012 salary cap issued by the league is $120.6 million, or $300,000 more than last year's salary cap.

I do not project the 2013 salary cap to be anything close to $200 million, because that is crazy talk.

I project a very modest growth of 1.00%, a little larger than this year's growth of 0.25%

So here are my projections for the salary caps in the future:

2013: $121.81

2014: $133.98 (TV revenues hit here)

2015: $136.66

2016: $139.40

I don't agree with BP on much, and this is another case. I do not see the cap increasing by $30 million in any year. Analysts generally agree that the cap will increase significantly when the additional TV revenues hit in 2014. I expect about a 10% increase when that happens. Some people, like BP, have confused 2014 for 2013.

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http://www.spotrac.c...-colts/cap-hit/ Frog is that an accurate source to get the colts financial situation from?

Yes and no. It is accurate for some information and not so accurate for others (e.g. Clark's dead cap space, missing contract details for Mathis, wrong contract details for Justice)

You may want to also look into

http://www.coltsauth...salary-cap.html

which also suffers from inaccuracy.

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which in your opinion is the more accurate of the two, I got my calculator here and doing my best to add and subtract and figure what I can out so I have an idea of what is what

Neither. One has information the other doesn't have, and it is interesting to compare the information both have that are different from each other.

The best way to come up with accuracy is to make your own judgment calls on the information provided combined with your knowledge of cap accounting (which is exactly what I have done).

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

(all $ in MM)

46 players under contract = $72.21

Dead cap space = $37.83

Total current 2012 cap hit = $110.04

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $4.62

Available Cap Space w/o budget for draft picks = $14.66

Available Cap Space w/budget for draft picks = $5.84

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

(all $ in MM)

46 players under contract = $72.21

Dead cap space = $37.83

Total current 2012 cap hit = $110.04

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $8.82

Available Cap Space w/o budget for draft picks = $14.66

Available Cap Space w/budget for draft picks = $5.84

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

updated to include an estimate of Satele at $0.825MM

(all $ in MM)

47 players under contract = $73.03

Dead cap space = $37.83

Total current 2012 cap hit = $110.86

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $8.82

Available Cap Space w/o budget for draft picks = $13.83

Available Cap Space w/budget for draft picks = $5.01

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Satele reportedly got three years, $10.8 million, and $5 million guaranteed (don't know if that's the bonus or what). But I think that estimation of his 2012 cap hit might be a bit low. It's probably more like $2.5 million.

If you have a source, please share. I am using vet minimum as a place holder until I can get some verified information.

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

updated to include an estimate of Satele at $10.5MM; 3 years; $5MM upfront; 0.8, 2.5, 2.5 salaries http://espn.go.com/n...ianapolis-colts

(all $ in MM)

47 players under contract = $74.67

Dead cap space = $37.83

Total current 2012 cap hit = $112.50

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $8.82

Available Cap Space w/o budget for draft picks = $12.20

Available Cap Space w/budget for draft picks = $3.37

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

updated to include an estimate of Satele at $10.5MM; 3 years; $5MM upfront; 0.8, 2.5, 2.5 salaries http://espn.go.com/n...ianapolis-colts

(all $ in MM)

47 players under contract = $74.67

Dead cap space = $37.83

Total current 2012 cap hit = $112.50

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $8.82

Available Cap Space w/o budget for draft picks = $12.20

Available Cap Space w/budget for draft picks = $3.37

If this is true, we should probably stop spending. We need some wiggle room in-case there is a big injury in the season where we need to trade or sign somebody. Of course, you're using estimates of everything so I believe that it's possible that we could have something around $5-6MM if we played our cards right.

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If this is true, we should probably stop spending. We need some wiggle room in-case there is a big injury in the season where we need to trade or sign somebody. Of course, you're using estimates of everything so I believe that it's possible that we could have something around $5-6MM if we played our cards right.

Yes, it is getting tight, when you consider the budget for signing our 9 draft picks.

However, I fully expect the FO to address the Freeney contract which may free up significant cap space, up to a maximum of $14.035 million additional.

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If you have a source, please share. I am using vet minimum as a place holder until I can get some verified information.

The salary may very well have been right on at $800k, but the cap hit is likely much higher than that. If the bonus is $5 million, then the prorated portion to the 2012 cap is at least $1.66 million. Of course, that $5 million might include his 2012 salary, as the report is that he's guaranteed $5 million, not that his bonus is $5 million. I hate the way they report contracts with guaranteed money, rather than signing bonuses. Andrew Brandt usually breaks it down much better than the other guys, but I haven't seen anything from him on this deal.

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The salary may very well have been right on at $800k, but the cap hit is likely much higher than that. If the bonus is $5 million, then the prorated portion to the 2012 cap is at least $1.66 million. Of course, that $5 million might include his 2012 salary, as the report is that he's guaranteed $5 million, not that his bonus is $5 million. I hate the way they report contracts with guaranteed money, rather than signing bonuses. Andrew Brandt usually breaks it down much better than the other guys, but I haven't seen anything from him on this deal.

I have assumed conservatively that the $5MM guarantee is entirely an upfront bonus, and that the $0.8 is base salary on top of that.

I too dislike incomplete information.

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Yes, it is getting tight, when you consider the budget for signing our 9 draft picks.

However, I fully expect the FO to address the Freeney contract which may free up significant cap space, up to a maximum of $14.035 million additional.

They're certainly spending like they'll be doing something with the Freeney contract, just like everyone expects. The Satele deal was kind of surprising to me. I don't know very much about him as a player, but reading up on him it sounds like he's a good lineman. And it was the biggest question mark on our line.

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They're certainly spending like they'll be doing something with the Freeney contract, just like everyone expects. The Satele deal was kind of surprising to me. I don't know very much about him as a player, but reading up on him it sounds like he's a good lineman. And it was the biggest question mark on our line.

Yes, they are behaving as if the Freeney situation will be dealt with soon.

I have seen Satele play with the Raiders. He is a solid C.

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According to Tom Condon, no talks between the Colts and Freeney have taken place regarding his contract being restructured. Take it for what it's worth, of course, but this could indicate, if true, that they are still planning on trading him or flat out cutting him, or it could mean that the are just keeping him at his current cap hit.

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I read something yesterday about compensatory draft picks. The highest compensatory pick you can receive for a 10 year veteran is a 5th rounder. So the idea that we'd be willing to keep him just so we can get a compensatory pick in 2013 is probably busted. We'd be better off taking a 5th rounder in this year's draft, and I think we can do better than that even without him agreeing to an extension.

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Interesting I was hoping Freeney can be integrated in as a LB but if it's in the best interest for the team to release/trade him and pick up some other players then I'm all for that as well. I was just in awe at the thought of Freeney and Mathis as LBs. But if he's released I'm sure they could replace him with someone more fit for the new scheme (assuming they are going with a 3-4). Its tough but it appears this organization is NOT messing around.

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2012 cap

updated to reflect K. Hayden and J. McClendon carryover cap hits

updated to reflect updates to the contracts data base spotrac.com/nfl/indianapolis-colts/cap-hit/

updated to relect the positive carryover from 2011 http://profootballta...-space-by-team/

updated to reflect the Redskins/Cowboys penalty http://espn.go.com/n...lions-cap-space

updated to include Justice Adam Caplan@caplannfl

updated to include an estimate of Wayne $17.5MM; 3 years; $7.5MM upfront; 2.5,3.5,4 salaries

updated to include an estimate of Redding $10.5MM; 3 years; $5.25MM upfront; 1.25,1.5,2.5 salaries

updated to include an estimate of McGlynn at vet minimum $0.7MM

updated to include an esimate of Zbikowski at $5.5MM; 3 years; $1MM upfront; 0.75,1.25, 2.5 salaries http://profootball.s...d=5471436&fhn=1

updated to include signing all 9 draft picks (including compensatory picks)

updated to include an estimate of Satele at $10.8MM; 3 years; $3.2MM upfront; 0.7, 2.7, 4.2 salaries http://www.spotrac.c.../samson-satele/

updated to include the contracts of the remainder of the roster

(all $ in MM)

57 players under contract = $78.78

Dead cap space = $36.46

Total current 2012 cap hit = $115.24

Salary Cap = $120.6

Add 2011 cap rollover = $2.5

Add cap space awarded by league (Cowboys/Redskins penalty) = $1.6

New Salary Cap = $124.7

Budgeting for draft picks

Luck = $4.20

8 additional draft picks (to reflect the remainder of our draft picks including compensatory picks) at rookie minimum= $3.12

Premiums for picks #34 and #65 = $1.5

Total budgeted cap hits for draft picks = $8.82

Available Cap Space w/o budget for draft picks = $9.46

Available Cap Space w/budget for draft picks = $0.64

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What changed?

Also, our third pick is now #64, after the Saints penalties.

The contracts data base finally updated to include the camp fodder: Cosby, Holmes, Lutrus, Freeman, Newton, Maffahey, King, Murphy, Ross, Hickman, Shipley, Kirkpatrick, Ogbu, Fayson, Peguese, Harvey, Evans, Tepper.

Note the number of contracted players is now 57 without the draft.

I think the only contract I am missing is for Vittatoe.

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The contracts data base finally updated to include the camp fodder: Cosby, Holmes, Lutrus, Freeman, Newton, Maffahey, King, Murphy, Ross, Hickman, Shipley, Kirkpatrick, Ogbu, Fayson, Peguese, Harvey, Evans, Tepper.

Note the number of contracted players is now 57 without the draft.

I think the only contract I am missing is for Vittatoe.

None of those contracts are guaranteed past camp though, right?

The way it looks, we can't even go through the draft and then fill our 80 man roster without addressing Freeney's contract. We have 57 players under contract, plus 9 in the draft equals 66, so we'll have 14 spots to fill after the draft on only $640k. That won't work.

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None of those contracts are guaranteed past camp though, right?

The way it looks, we can't even go through the draft and then fill our 80 man roster without addressing Freeney's contract. We have 57 players under contract, plus 9 in the draft equals 66, so we'll have 14 spots to fill after the draft on only $640k. That won't work.

Like all NFL contracts, the team has the right to release any player at any time, without having to pay beyond what has already been paid. Hence, none of these rookie minimum contracts are guaranteed.

You and I both see that Freeney's contract situation needs to be fixed soon for this reason.

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Like all NFL contracts, the team has the right to release any player at any time, without having to pay beyond what has already been paid. Hence, none of these rookie minimum contracts are guaranteed.

You and I both see that Freeney's contract situation needs to be fixed soon for this reason.

Some contracts are fully guaranteed at the beginning of the league year, no? For instance, I was just reading the specifics of Chris Johnson's contract, and his salary for each year becomes guaranteed on the fifth day of the league year.

That's obviously not the case for camp fodder like future reserves or UDFAs, so it's a moot point.

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