nate33 wrote:rockymac52 wrote:nate33 wrote:Nope. The MLE and BAE count against the cap. In order to have the cap room to sign Cousins, we have to first relinquish the MLE and BAE. Once we relinquish them to sign Cousins, we can't turn around and unrelinquish them to sign more players.
After using all our cap room on Cousins, Patterson, etc. we'd have only vet minimum exceptions.
What about the room exception, or whatever that's called? Wouldn't that apply here?
No. That's just a mini-sized version of the normal MLE that luxtax paying teams can utilized. (Luxtax teams can't utilize the full MLE.) It still has the same restrictions as the MLE.
From Larry Coon's Salary Cap FAQ:
ROOM MID-LEVEL EXCEPTION -- This exception is available only to teams that drop far enough below the cap to use cap room, and lose their Bi-Annual, Non-Taxpayer Mid-Level and Taxpayer Mid-Level exceptions (see question number 26). This exception cannot be used if the team has already used the Bi-Annual, Non-Taxpayer Mid-Level or Taxpayer Mid-Level exceptions. This exception becomes available once the team salary drops far enough that the team loses its other exceptions, and expires following the last day of the regular season.
This exception allows a team to sign any free agent, starting at up to the following amounts:
Season First-year salary
2011-12 $2.500 million
2012-13 $2.575 million
2013-14 $2.652 million
2014-15 $2.732 million
2015-16 $2.814 million
2016-17 $2.898 million
2017-18 $2.985 million
2018-19 $3.075 million
2019-20 $3.167 million
2020-21 $3.262 million
This exception may be split and given to multiple players. It may be used for contracts up to two years in length, with raises up to 4.5% of the salary in the first year of the contract. Signing a player to a multi-year contract does not affect a team's ability to use this exception every year -- for example, a team can use this exception to sign a player to a two-year contract, and use it again the following year to sign another player. Also see question number 26 for more information on the availability and use of this exception.
Once a team has used this exception, it can no longer use the Bi-Annual, Non-Taxpayer Mid-Level or Taxpayer Mid-Level exception.
So we would be able to offer a 1-2 year contract starting at about $2.7 million in year 1. Not a whole lot of money, but better than only having the vet minimum.