Sunday, July 27, 2008
PUP . . .Questions and Answers
What is PUP? - Physically Unable to Perform
Who is eligible? - All players are eligible to go on PUP at the start of training camp or before participating in any practices. Once you participate in practice, you are no longer eligible to be placed on PUP.
What are PUP players allowed to do? - They can participate in team meetings and rehab their injury, but they are forbidden from participating in team activities during practices.
Who did the Lions place on PUP? - Edwin Mulitalo, Daniel Bullocks, Dan Campbell and Shaun McDonald
What benefit is there from placing a player on PUP? - It's an insurance in case an injury lingers. When a player is injured at the start of season, a team has two options, they can place him on Injured Reserve and he's done for the season or they can have him sit on the sideline, while they wait for him to get healthy. If he was placed on PUP at the start of training camp, a team can continue to keep him on PUP until the sixth week of the season. This frees up another roster spot and with only 53 total roster spots during the season, it's important. After the sixth week of the season, the PUP player can practice with the team and a decision on whether to activate that player or keep him on Reserve/PUP has to be made by the 10th week of the season.
What have the Lions done in the past? - They faced that decision with Kevin Jones and DeVale Ellis last year. They elected to remove Kevin Jones from the PUP list at the start of the season and he was able to start playing during the third week of the season. DeVale Ellis practiced with the team after the sixth week, but the Lions elected to keep him on Reserve/PUP for the remainder of the season.
Wednesday, April 9, 2008
Dead Cap
Tom Kowalski of Mlive.com wrote an article about the Lions 2008 "Dead Cap". The article is well written and accurate.
What is Dead Cap? - Dead Cap is having salary cap space used by players who are no longer under contract.
How does that happen? - Most NFL player contracts are not guaranteed and therefore a team can cut a player at any time and not pay the remaining terms of the contract.
If you don't have to pay the remaining contract, how does a team acquire dead cap? - It is attributable to signing bonuses and other items treated as signing bonus, that, for salary cap purposes are prorated over the life of a players contract. For more information on these bonuses, refer to my blog entry, that explains these items. If a player is cut in the 4th year of a five year contract, there is "dead cap" for the unamortized portion of the signing bonus.
Why do the Lions have so much Dead Cap? - When Rod Marinelli took over the Lions in January of 2006, there were about 70 players under contract, the 53 active members of the roster, some players that were on IR and some players signed in early January. Of those 70 or so players, only 14 remain under contract and it's expensive to revamp an entire roster like the Lions have done over the past two years.
Kowalski's list of the Lions 2008 Dead Cap totals $15,192,000 (Plus another $2M of Dead Cap in 2009 for Kalimba Edwards) and based on history, we'll have another $1,100,000 from the normal course of business (injury settlements, workout bonuses, etc):
- 4,271,000 Shaun Rogers
- 3,000,000 Damien Woody
- 2,333,000 Fernando Bryant
- 1,360,000 Kenoy Kennedy
- 1,000,000 Kalimba Edwards (Plus another $2M to be recognized in 2009)
- 1,000,000 Eddie Drummond
- 741,000 Kevin Jones
- 500,000 Shawn Bryson
- 333,000 Rex Tucker
- 240,000 AJ Davis
- 180,000 Barry Stokes
- 150,000 Blaine Saipaia
- 84,000 Johnny Baldwin
Here's a list of the Lions 2007 Dead Cap that totaled $20,056,000:
- 5,448,000 Mike Williams
- 3,275,000 Charles Rogers
- 1,760,000 Ross Verba
- 1,600,000 James Hall
- 1,500,000 Corey Bradford
- 1,300,000 Dre Bly
- 1,000,000 Josh McCown
- 767,000 Marcus Pollard
- 530,000 Eddie Drummond
- 500,000 Shawn Bryson
- 383,000 Rex Tucker
- 333,000 Marcus Bell
- 275,000 Donte Curry
- 185,000 Barry Stokes
- 120,000 AJ Davis
- 1,080,000 Miscellaneous others (Injury settlements and workout bonuses)
In 2006, the Lions had almost $13,889,000 in Dead Cap:
- 7,088,000 Joey Harrington
- 3,340,000 Charles Rogers
- 1,350,000 Cory Bradford
- 469,000 LeVar Woods
- 375,000 Dan Wilkinson
- 167,000 David Loverne
- 1,100,000 Miscellaneous others (Injury Settlements and workout bonuses)
Since Rod Marinelli has been here, he's cleaned up the roster, but that cleaning has had consequences, to the tune of over $52M of Dead Cap, almost 16% of the salary cap space for that time period. The salary cap for the time frame has been a total of $327,727,000 (102M in 2006, 109M in 2007 and 116,727,000 in 2008).
Failed first round draft picks have accounted for $19,151,000, pre-Rod Marinelli:
- 7,088,000 Joey Harrington
- 6,615,000 Charles Rogers
- 5,448,000 Mike Williams
We've gotten some value for some of the players:
- $4,271,000 Shaun Rogers (for L. Bodden and a 3rd rounder in 2008)
- $1,600,000 James Hall (5th round draft pick in 2007)
- $1,300,000 Dre Bly (acquired G. Foster, T. Bell and a 5th rounder)
- $1,000,000 Josh McCown (for a 4th rounder in 2007 from Oak, along with M. Williams)
As I posted in an earlier blog entry, 2009 Cap Outlook, we are in good shape for 2009 with realistic cap commitments of $78M with a projected salary cap in the neighborhood of $120M (42M under). Dead Cap should be less of an issue going forward, this is Marinelli's roster now and there shouldn't be much of turnover in 2009.
Thursday, March 13, 2008
Several Free Agent Transactions
The Lions have been busy over the last several days. First, I need to update a couple of previously reported cap costs for Keith Smith and Leigh Bodden. Then I'll break down the official signings of Travis Fisher, George Foster and Chuck Darby. Lastly, I'll address the cap implications from the release of Kevin Jones, Kalimba Edwards and Blaine Saipaia.
Keith Smith
According to John Clayton of ESPN, Smith agreed to a 2 year $5M contract. His base salaries are $1M in 2008 and $2M in 2009. The other $2M of the contract can be either signing bonus and/or roster bonuses in 2008 or 2009. I'm going to assume that $1.75M is a signing bonus and the other $250K is a roster bonus due if he makes the opening day roster. Current year cap cost $2.125M.
Leigh Bodden
The Browns extended Bodden's contract in December of 2005. He received bonuses of $1.5M in 2006 and $1.1M in 2007. Based on that and the fact that Jason Cole of Yahoo.com reported that the Lions as $4.4M under the cap on March 6th, I'm going to assume that he has a bonus due to him of $1.5M. That added with his base salary of $1.7M would put his current year cap cost at $3.2M.
Travis Fisher
According to profootballtalk.com, Fisher agreed to a 3 year $9M deal with $4.25M due in 2008. His base salaries are $1.75M in 2008, $1.75M in 2009 and $2.5M in 2010. I would assume that the other $2.5M of his 2008 compensation is his signing bonus, while the other $500K that makes up his $9M total contract is a roster bonus due in 2010. Under the above assumption, Fisher's current year cap cost would be $2.58M.
George Foster
According to John Clayton of ESPN, Foster agreed to a 1 year $1.1M deal with a base salary of $800,000. The other $300,000 of Foster's contract is probably a signing bonus. Either way, his current year cap cost is $1.1M.
Chuck Darby
Darby agreed to a 3 year deal with the Lions. He's due base salaries of $730K in 2008, $745K in 2009 and $760K in 2010. Other financial terms were not disclosed. Based on what he's made in the past and his current age, I'd guess that his signing bonus was $3M. With the above assumptions, his current year cap cost would be $1.73M.
Tatum Bell
According to John Clayton of ESPN, Bell agreed to a 1 year $1.6M contract. The contract hasn't been officially signed and submitted to the NFL or the NFLPA, but irregardless of how much is base salary or bonus money, Bell's current year cap cost will be $1.6M.
Blaine Saipaia
In 2007, the Lions signed Saipaia to a 2 year contract with a $300,000 signing bonus. Saipaia was due to make $775,000 that the Lions will not now have to pay. As a result of Saipaia's release, he provides a current year cap savings of $775K.
Kevin Jones
Jones signed a rookie year contract that gave him a two-tiered signing bonus. The 2nd year bonus is an option bonus that alters the contract but allows the option bonus to be amortized over the life of the contract. He received a $1.2M signing bonus in 2004 and a $1.805M option bonus in 2005. During the 2007 season, Jones had reached an escalator in his contract that increased his 2008 base salary by $1.86M and was scheduled to make a base salary of $2.37M this year plus, according to John Clayton, a roster bonus of $142,500. As a result of his release, he gives the Lions a current year cap savings of $2.51M.
Kalimba Edwards
For a detailed breakdown of Edwards contract, check out my June 1st designation blog entry. Because of the immediate need for cap space, I doubt that Edwards was designated as a June 1st cut and he was therefore released outright. His current year cap savings is $1.9M.
Based on the above transactions, I have the Lions about $3.2M under the current year cap and expect almost the entire amount to be used up when Kalvin Pearson and Brian Kelly officially sign.