Re: Broncos going for J Allen
posted at 10/30/2013 9:35 AM EDT
In response to pcmIV's comment:
In response to Harvey-Wallbanger's comment:
Allen is owed 7 million the rest of this year. Denver cannot afford him. Period. Their D sucks badly and Elway blew it with some poor allocation with some players and not planning for Welkie, so this is why they were never able to acquire a salary like that.
THey'd have to cook their books again to pull it off like Bowlen and Elway did in 1996, 1997 and 1998.
Just because they couldn't afford him as his contract was structured and their current salary cap position doesn't mean they are in cap hell like you said.
Denver could have afforded Allen quite easily...
Salary cap hell is having to trade or cut players that are contributing to the team
2014, Denver shows approx salary obligations of $114M against a cap of $123M, meaning at this moment they have $9M in cap space. The obvious adjustment is cutting injured Champ Bailey, which removes another $9M with zero dead money incured, allowing Denver $18M in cap space next year.
By comparison, the Pats show salary obligations of $121.3M against a cap of $123M meaning at this moment they have $1.7M in cap space. The obvious move is to cut Mankins, saving $10M with no dead money, cut Connolly, saving $4M with no dead money and cut Gregory saving approx $2M (he has approx $1M in dead money)
I think it is more plausible they restructure Mankins (if he is willing, remember last time) and restructure Vince. No matter how you slice it, the Broncos are in better cap shape than the Pats