Salary Cap Room Projections

I will update the blog with a post later today with some thoughts on what the Hawks can do with their extra cap space. The Seahawks have an estimated minimum of $8.9 million after we sign our rookies which is the 8th most in the NFL.

I created a salary cap projection based on the current projection from AskTheCommish.com (May 24, 2006) minus the rookie allotment for each team. The current projection included the $275,000 rookie tenders, so that amount has been added back from the rookie allotment. Of course, teams will not spend their entire rookie allotment. The rookie alloment is not in addition to the cap, it is the maximum amount of cap room a team can spend on rookies this season and many teams will come close.

If you are looking just at the teams interested in Ty Law, the amounts are as follows:
New England Patriots - $15,350,018
San Diego Chargers - $13,196,419
Arizona Cardinals - $11,535,945
Seattle Seahawks - $10,541,934
Kansas City Chiefs - $7,368,067
Tennessee Titans - ($2,298,582)

As you can see the Titans do not have enough money to sign their rookies until they cut Steve McNair or drop cap in some other way.

Download file with values for all teams (salarycap.xls).

Thanks to Hawkstorian for correcting my previous error in not accounting for the rookie tenders. You can read his article at Seahawks.NET: The Hawkstorian: Back To The Future.