Are the Packers under the minimum salary floor?

El Duderino · Post #1 » by **El Duderino** » Wed Aug 27, 2008 8:07 am

I was reading the KGB article about his knee not improving and he has a 7.7 million dollar cap number. Now if he was healthy, i don't think the Packers would consider for a second to release him, but if his knee doesn't improve soon, it got me to thinking the team would consider it.

Then i remembered that the Packers are already 25 million under the cap. So i went to google looking for what the NFL minimum salary floor is this year and from what i could gather, the floor is somewhere around 98-100 million dollars. So if that is true, that would put the Packers 8-9 million under the minimum salary floor right now and if Ted released KGB, we'd be 15-16 million under the minimum floor. I wish this board had a GAD on it to verify if i'm wrong about this, but if the floor really is around 98-100 million, i think we have to be around 8-9 million under and would be 15-16 million under if KGB was let go.

Does anyone here know if i'm wrong? If i am correct, where is Thompson going to spend 8-9 million or 15-16 million? When would the exact time be that the Packers would have to spend the money to comply with the cap rules?

I do think Jennings has his contract up after next season, so i guess Ted could throw an extension at him. Tauscher is a free agent after this year i believe, but i really question if Thompson will pay any lineman who is 31 a large chunk of cash. Looking elsewhere on the roster, it's hard to find anyone else that's young enough that Ted will pay fairly big or big cash to that also is due to be a free agent the next year or two.

Ryan5UW · Post #2 » by **Ryan5UW** » Wed Aug 27, 2008 1:14 pm

Well, I did a little digging, and what I found said the salary floor is 75% of the cap. An article on ESPN said the cap was $116 million for 2008, putting the floor at $87 million. Based on a webpage I found that seems to have pretty good details on the Packers cap space, we seem to be sitting at around $102 million right now.

I wonder if we're still paying Antonio Freeman? :lol:

El Duderino · Post #3 » by **El Duderino** » Wed Aug 27, 2008 5:36 pm

Ryan5UW wrote:Well, I did a little digging, and what I found said the salary floor is 75% of the cap. An article on ESPN said the cap was $116 million for 2008, putting the floor at $87 million. Based on a webpage I found that seems to have pretty good details on the Packers cap space, we seem to be sitting at around $102 million right now.

I wonder if we're still paying Antonio Freeman?

I saw also one place say it was 75 percent of the cap. On a few other spots, including yahoo, the minimum floor was said to be 98 million or 100 million. As for where the team sits right now, if we are 25 million under the cap and the cap is 116 million, that would mean the team has spent roughly 91 million so far this year, not 102?

Ryan5UW · Post #4 » by **Ryan5UW** » Wed Aug 27, 2008 8:17 pm

Where did you see that they're 25 million under the cap? That minimum (98 to 100) sounds kind of high to me. I'm not saying what I found was right, I didn't take that much time to look into it. Don't forget it's more than just player salaries that count towards the cap.