Colts team could face cap penalties - The Orange Mane

HEAV · 03-04-2006, 01:13 PM

Mike Chappell, of the Indianapolis Star, reports the Indianapolis Colts and several other teams might have a difficult time getting under the $94.5 million salary cap if there is no extension reached for the collective bargaining agreement. NFL spokesman Greg Aiello said there has never been an instance where a team was over the cap. Commissioner Paul Tagliabue determines whether a team will face fine and/or forfeiture of draft picks as a penalty
------

It couldn't happen to a nicer team......wel maybe the Raiders

TheDave · 03-04-2006, 01:21 PM

Imagine what the Redskins will be facing if this doesn't happen....

Florida_Bronco · 03-04-2006, 01:24 PM

Hahahahahahahaha!!

-Slap- · 03-04-2006, 01:24 PM

Well, if some teams their forfeit picks, the draft gets even stronger.

WABronco · 03-04-2006, 01:31 PM

Quote:

Originally Posted by TheDave

Imagine what the Redskins will be facing if this doesn't happen....

They're already close to under apparently cuz they've restructured just about everyone on the team.

ozomulsion · 03-04-2006, 01:37 PM

Quote:

Originally Posted by WABronco

They're already close to under apparently cuz they've restructured just about everyone on the team.

Yep, Skins are fine.

Ray Finkle · 03-04-2006, 01:38 PM

Quote:

Originally Posted by WABronco

They're already close to under apparently cuz they've restructured just about everyone on the team.

They were talking about it on the radio the other day. One of the Skins beat writers was reporting that their is no stastical chance for them to be under the 94.5 cap. They can restructure everyone they want, it is the dead money that is killing them.

eddie mac · 03-04-2006, 01:39 PM

Quote:

Originally Posted by -Slap-

Well, if some teams their forfeit picks, the draft gets even stronger.

Most likely future picks. Knowing the NFL they'll turn a blind eye because of who it is and the circumstances.

TheDave · 03-04-2006, 02:51 PM

Quote:

Originally Posted by Ray Finkle

They were talking about it on the radio the other day. One of the Skins beat writers was reporting that their is no stastical chance for them to be under the 94.5 cap. They can restructure everyone they want, it is the dead money that is killing them.

heard the same thing... not sure where the skins are fine thing is coming from.

Northman · 03-04-2006, 02:52 PM

Yea, ive heard the Skins could be in trouble as well.

elsid13 · 03-04-2006, 02:58 PM

Well that means that they will have only limited number of players on payroll.

dbroncos31 · 03-04-2006, 03:06 PM

What happens to the picks?? And even if they are picks in the future, those teams have no room to sign anyone anyway. There will be some amazing rookies cut, or there will be amazing players dropping far because some teams cannot sign their draft picks. It's good if a team (wink, wink) has two first rounders

Play2win · 03-04-2006, 03:15 PM

I bet Matt Leinart is really kicking himself in the butt now for not comming out a year early...

I wonder how many millions of dollars that could have costed him...

clint7 · 03-04-2006, 04:20 PM

The league can not let this happen to Manning and his Colts. Heck, they changed to rules of the passing game for them, they MUST get this done too so Golden Boy can win a championship.

Man-Goblin · 03-04-2006, 04:34 PM

yank their 1st rounder! they couldn't aford to pay him anyway!!! ahahahahahahahahaha.

Smilin Assassin · 03-04-2006, 06:48 PM

Quote:

Originally Posted by clint7

The league can not let this happen to Manning and his Colts. Heck, they changed to rules of the passing game for them, they MUST get this done too so Golden Boy can win a championship.

, yeah! I was convinced the only reason FA and the talks were put off 3 more days was because the NFL caught wind of the colt's cap issues.

DBroncos4life · 03-04-2006, 06:53 PM

You know the NFL will cave before letting the "Chosen team" suffer.

Crushaholic · 03-04-2006, 07:17 PM

All their money is wrapped up in Pay-Me-A-Ton, Marvin Harrison and Reggie Wayne. Look how well that's done for them, so far...

Lestat · 03-05-2006, 12:46 AM

pfft Tag won't do crap to his golden boy Manning's team, a fine if anything but no lose of draft picks i bet

24champ · 03-05-2006, 02:07 AM

If the skins should somehow cannot get under the cap and lose draft picks then they really wont have a draft at all when you think about it.

Rascal · 03-06-2006, 08:16 AM

Damnit.

http://www.indystar.com/apps/pbcs.dl...603060382/1100

While the NFL and players' union spent the weekend trying to extend their labor agreement, the Indianapolis Colts occupied their time with bookkeeping measures that enabled them to get under the league's potential $94.5 million salary cap.
The team restructured the contracts of quarterback Peyton Manning and wide receiver Marvin Harrison, creating approximately $12.5 million in cap savings. Manning provided about $5 million and Harrison approximately $7.5 million in cap relief, according to a person with knowledge of the situation.
Had the Colts not restructured those contracts, they would have faced the task of cutting players to be in compliance with the salary cap if a new contract is not eventually worked out. Late Sunday the league and the players' union agreed to delay the start of the free agent period another 72 hours to give the sides more time to try to reach an agreement.
The Colts faced the possibility of being nearly $10 million over the cap last week after special master Stephen Burbank, a professor at the University of Pennsylvania Law School, ruled they could not restructure the contracts of Manning and Harrison to convert roster bonuses into signing bonuses. Burbank ruled the restructuring violated provisions that go into effect without an extension to the collection bargaining agreement.
The team considered seeking a temporary injunction to Burbank's ruling. Instead, it worked with agent Tom Condon, who represents both players, and found a way that did not violate league rules to lower each player's salary cap number.
The source declined to elaborate on the nature of the changes. The result is that Manning's $17.776 million cap number was lowered to about $12.5 million and Harrison's $14.4 million number was sliced to approximately $6.9 million.

03-04-2006, 01:13 PM	#1
HEAV Ring of Famer It's about the Team Join Date: May 2003 Location: The Ville Posts: 12,077 Adopt-a-Bronco: Brian Dawkins	Colts team could face cap penalties Mike Chappell, of the Indianapolis Star, reports the Indianapolis Colts and several other teams might have a difficult time getting under the $94.5 million salary cap if there is no extension reached for the collective bargaining agreement. NFL spokesman Greg Aiello said there has never been an instance where a team was over the cap. Commissioner Paul Tagliabue determines whether a team will face fine and/or forfeiture of draft picks as a penalty ------ It couldn't happen to a nicer team......wel maybe the Raiders

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03-04-2006, 01:21 PM	#2
TheDave Sauced... Join Date: Apr 2004 Posts: 15,120	Imagine what the Redskins will be facing if this doesn't happen....

03-04-2006, 01:24 PM	#3
Florida_Bronco Got trolls? Welcome to Mile High, Brady! Join Date: Apr 2005 Location: Tampa Bay Posts: 13,810 Adopt-a-Bronco: Brady Quinn	Hahahahahahahaha!!

03-04-2006, 01:24 PM	#4
-Slap- Ring of Famer Join Date: Dec 2002 Posts: 31,895	Well, if some teams their forfeit picks, the draft gets even stronger.

03-04-2006, 02:52 PM	#10
Northman The Enigma Prognosis Join Date: Aug 2003 Location: Maryland Posts: 17,925 Adopt-a-Bronco: Bryci	Yea, ive heard the Skins could be in trouble as well.

03-04-2006, 02:58 PM	#11
elsid13 Lost In Space Bóg, Honor, Ojczyzna Join Date: Apr 2004 Location: DC Posts: 19,081	Well that means that they will have only limited number of players on payroll.

03-04-2006, 03:06 PM	#12
dbroncos31 Ring of Famer RIP D-Will Join Date: Jan 2005 Location: Garrison NY Posts: 1,679	What happens to the picks?? And even if they are picks in the future, those teams have no room to sign anyone anyway. There will be some amazing rookies cut, or there will be amazing players dropping far because some teams cannot sign their draft picks. It's good if a team (wink, wink) has two first rounders

03-04-2006, 03:15 PM	#13
Play2win Ring of Famer Join Date: Nov 2003 Posts: 9,610 Adopt-a-Bronco: The Duke	I bet Matt Leinart is really kicking himself in the butt now for not comming out a year early... I wonder how many millions of dollars that could have costed him...

03-04-2006, 04:20 PM	#14
clint7 Ring of Famer Join Date: May 2001 Location: Parts Unknown Posts: 3,046	The league can not let this happen to Manning and his Colts. Heck, they changed to rules of the passing game for them, they MUST get this done too so Golden Boy can win a championship.

03-04-2006, 04:34 PM	#15
Man-Goblin Giving You The Business Join Date: Aug 2005 Location: Huntersville, NC Posts: 5,588 Adopt-a-Bronco: Woodyard	yank their 1st rounder! they couldn't aford to pay him anyway!!! ahahahahahahahahaha.

03-04-2006, 06:53 PM	#17
DBroncos4life Hey pic Mod!?!?! FU Why yes, that is Bacon Bacon. Join Date: Jun 2004 Location: The wrong side of right. Posts: 26,548	You know the NFL will cave before letting the "Chosen team" suffer.

03-04-2006, 07:17 PM	#18
Crushaholic Armchair Poster Join Date: Dec 2003 Location: Topeka, KS Posts: 22,043	All their money is wrapped up in Pay-Me-A-Ton, Marvin Harrison and Reggie Wayne. Look how well that's done for them, so far...

03-05-2006, 12:46 AM	#19
Lestat Oreo Lucian Rockefeller The New Age Join Date: Jul 2003 Location: Birmingham, AL Posts: 5,166	pfft Tag won't do crap to his golden boy Manning's team, a fine if anything but no lose of draft picks i bet

03-05-2006, 02:07 AM	#20
24champ Livin' the dream! Methwolfe Alliance Captain Join Date: Aug 2005 Location: Southern California Posts: 18,545 Adopt-a-Bronco: DomCasual	If the skins should somehow cannot get under the cap and lose draft picks then they really wont have a draft at all when you think about it.

03-06-2006, 08:16 AM	#21
Rascal RIP Join Date: Mar 2004 Posts: 16,581 Adopt-a-Bronco: Turf	Damnit. http://www.indystar.com/apps/pbcs.dl...603060382/1100 While the NFL and players' union spent the weekend trying to extend their labor agreement, the Indianapolis Colts occupied their time with bookkeeping measures that enabled them to get under the league's potential $94.5 million salary cap. The team restructured the contracts of quarterback Peyton Manning and wide receiver Marvin Harrison, creating approximately $12.5 million in cap savings. Manning provided about $5 million and Harrison approximately $7.5 million in cap relief, according to a person with knowledge of the situation. Had the Colts not restructured those contracts, they would have faced the task of cutting players to be in compliance with the salary cap if a new contract is not eventually worked out. Late Sunday the league and the players' union agreed to delay the start of the free agent period another 72 hours to give the sides more time to try to reach an agreement. The Colts faced the possibility of being nearly $10 million over the cap last week after special master Stephen Burbank, a professor at the University of Pennsylvania Law School, ruled they could not restructure the contracts of Manning and Harrison to convert roster bonuses into signing bonuses. Burbank ruled the restructuring violated provisions that go into effect without an extension to the collection bargaining agreement. The team considered seeking a temporary injunction to Burbank's ruling. Instead, it worked with agent Tom Condon, who represents both players, and found a way that did not violate league rules to lower each player's salary cap number. The source declined to elaborate on the nature of the changes. The result is that Manning's $17.776 million cap number was lowered to about $12.5 million and Harrison's $14.4 million number was sliced to approximately $6.9 million.