This is a good time to take a look at things, we’re only a couple days away from legal tampering, the Exclusive Rights Free Agents (ERFA) and RFA is becoming clearer and a few of our UFA’s have re-signed.
We pretty much need to replace the guys that have expiring contracts, either by re-signing them or by replacing them. For the most part veteran players will be due roughly the amount the year before, unless they performed exceptionally, horribly or had an injury.
https://twitter.com/AndrewBrandt/status/1765797310452121895
Guarantees, Average Per Year (APY or AAV) and structure of the contract are much more important than the current year cap charge.
Teams really aren’t too concerned with the cap, they can always manipulate to make it work. For teams like Philly, Buffalo, NO, Denver, Miami, etc . . . they have to look at cap consequences plus cash consequences, but most, including the Lions don’t.
I’ve projected contracts for Goff $200M/4yr extension w/ $107M fully guaranteed ($142M practically guaranteed), ARSB $75M/3yr extension w/ $40M guaranteed, Alim $45M/3yr extension w/ $23.5M fully guaranteed. These extensions that I did resulted in $3.4M cap savings for 2024 (but it’s possible the Lions recognize a significant amount of cap in 2024 on any extensions).
Budgeting for the above extensions, draft picks, practice squad and in season moves, I have the Lions at $33.5M under the cap, but I have them with only $180M in APY for their roster (Moseley is not included in these figures). The last three years, the Lions have spent about 90% of the salary cap on the roster’s APY.
Base | Beg of Year | Beg of Year | APY % of | |
---|---|---|---|---|
Year | Salary Cap | Cap Charge | APY | Base Cap |
2023 | 224,800,000 | 188,077,284 | 200,692,764 | 89.28% |
2022 | 208,200,000 | 169,613,478 | 190,144,557 | 91.33% |
2021 | 182,500,000 | 128,183,474 | 167,646,191 | 91.86% |
So for 2024, $255.4M * 90% = $230M - 180M APY currently on the roster = $50M APY that we can add in UFA. I’ve already budgeted the draft picks.
For simplicity, when someone is signed, he replaces a guy who has a $1M APY. So, say we re-sign Glasgow for $6M APY less $1M = $5M, so we’d have $45M left in the budget ($50M-$5M).
Here’s what we need to plug our holes, IMO
3rd string vet QB
FB
Vet WR
Swing T
Starting LG
Starting RG
NT
Starting DE opposite Hutch
LB that’s primarily STer
1 outside starting CB
3 more depth CB
2 safeties
LS
Sure some may come from the draft, but you need to plug the holes in UFA and let the rookies compete for starting jobs.
With the above projected extensions for Goff, ARSB, Alim and Penni’s 5th year option plus the 2025 Rookies, the 2024 rookies 2nd year cap charges, PS, In-season . . . I have the Lions with 33 players under contract (plus 2025 rookies) and $209M in cap charges (it doesn’t include an extension for Decker, maybe it should) and $208M in APY on an estimated $270M 2025 salary cap.
If you want to look at what the Lions will spend, APY will give you a better estimate than looking at year 1 cap charges.