Post by MizzouTiger on Feb 15, 2008 12:49:25 GMT -5
www.kansascity.com/sports/story/490849.html
Chiefs have plenty of room under salary cap
By ADAM TEICHER
The Kansas City Star
Whatever plans the Chiefs have to repair their broken roster, the NFL’s salary limit won’t interfere.
Research by The Kansas City Star shows the Chiefs to have salary-cap obligations of about $97.7 million for next season. That’s far below the NFL’s mandated salary limit of $116 million per team.
The Chiefs have said they prefer to rebuild mainly through the draft and with younger players. But they won’t be able to fill the numerous holes in their starting lineup and at many backup positions without the help of free-agency. The Chiefs need the most help on the offensive line and at cornerback and wide receiver.
The signing period begins Feb. 29, and their salary-cap situation ensures that the Chiefs will have plenty of money to spend.
Almost $9 million of the available salary-cap space would be allotted to defensive end Jared Allen if the Chiefs designate him as their franchise player.
As such, Allen would be entitled to a one-year offer equal to the top five salaries at his position.
The Chiefs also have some potential restricted and unrestricted free agents they would like to re-sign, including punter Dustin Colquitt, defensive lineman Jimmy Wilkerson and possibly kicker John Carney.
The Chiefs could have even more room under the salary cap by the time the free-agency signing period begins Feb. 29. They can create that room by releasing veteran players just as they saved more than $2 million Thursday when they released veteran offensive lineman John Welbourn.
Other obvious targets to be released include several of their highest-priced players. Cornerback Ty Law has the Chiefs’ highest individual salary-cap figure at $9.05 million. But Law would cost the Chiefs only $3.15 million against their cap if he is released before June 1.
The Chiefs could realize further cap savings by releasing linebacker Kendrell Bell (reducing his cap number from $5.2 million to $3.5 million), safety Greg Wesley (from about $4.7 million to about $1.7 million), wide receiver Eddie Kennison (from about $3.9 million to about $533,000), offensive lineman Chris Bober (from about $2.2 million to $425,000) and tight end Jason Dunn (from $1.22 million to $900,000).
Running back Priest Holmes, who retired during last season, currently counts almost $4 million against their cap.
Once the Chiefs place him on the retired list, he will then count only about $2.7 million.
Chiefs have plenty of room under salary cap
By ADAM TEICHER
The Kansas City Star
Whatever plans the Chiefs have to repair their broken roster, the NFL’s salary limit won’t interfere.
Research by The Kansas City Star shows the Chiefs to have salary-cap obligations of about $97.7 million for next season. That’s far below the NFL’s mandated salary limit of $116 million per team.
The Chiefs have said they prefer to rebuild mainly through the draft and with younger players. But they won’t be able to fill the numerous holes in their starting lineup and at many backup positions without the help of free-agency. The Chiefs need the most help on the offensive line and at cornerback and wide receiver.
The signing period begins Feb. 29, and their salary-cap situation ensures that the Chiefs will have plenty of money to spend.
Almost $9 million of the available salary-cap space would be allotted to defensive end Jared Allen if the Chiefs designate him as their franchise player.
As such, Allen would be entitled to a one-year offer equal to the top five salaries at his position.
The Chiefs also have some potential restricted and unrestricted free agents they would like to re-sign, including punter Dustin Colquitt, defensive lineman Jimmy Wilkerson and possibly kicker John Carney.
The Chiefs could have even more room under the salary cap by the time the free-agency signing period begins Feb. 29. They can create that room by releasing veteran players just as they saved more than $2 million Thursday when they released veteran offensive lineman John Welbourn.
Other obvious targets to be released include several of their highest-priced players. Cornerback Ty Law has the Chiefs’ highest individual salary-cap figure at $9.05 million. But Law would cost the Chiefs only $3.15 million against their cap if he is released before June 1.
The Chiefs could realize further cap savings by releasing linebacker Kendrell Bell (reducing his cap number from $5.2 million to $3.5 million), safety Greg Wesley (from about $4.7 million to about $1.7 million), wide receiver Eddie Kennison (from about $3.9 million to about $533,000), offensive lineman Chris Bober (from about $2.2 million to $425,000) and tight end Jason Dunn (from $1.22 million to $900,000).
Running back Priest Holmes, who retired during last season, currently counts almost $4 million against their cap.
Once the Chiefs place him on the retired list, he will then count only about $2.7 million.