2022 Salary Cap Outlook

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Moriarty
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Now that the roster is more or less set, it's time for my annual not-overly-welcome observation about the Bears' salary cap situation.

viewtopic.php?f=2&t=13482 (2019, looking at 2020)
viewtopic.php?f=2&t=14510&hilit=salary+cap (2020, looking at 2021)


As you may not remember, I previously pointed out tough times coming for the Bears in 2020/2021 financially. The Bears dealt with it in 2021 in large part by cutting Fuller, Leno, and Massie 1 year before their contracts expired. As such, they got zilch for them. No trade, no comp picks, nothing. And significant dead money, still.
Their dollar store replacement for Fuller (Trufant) is already gone and they're riding with either an inexperienced R5 shorty (Vildor) or another minimum wage reclamation project (Burns) as a starter (and NB isn't very settled, either).
And their cheap 'As Is, No Returns' LT solution is on IR, with a 40yo (almost) minimum stopgap as the Plan B.

2022's financial outlook is...not really better.
I'm expecting fewer outright cuts, but some meaningful UFAs who won't be back.

Blank spaces under year indicate players that are FAs (or draft picks). I projected them returning and made my best guess at an amount. Most are very low salary anyway, with minimal room for variance.
If year is populated that means they are under contract and their cap number is exact.
I threw in some projected draft picks and pretty close approximations of what they cost.
Position group totals are in the upper right of each group.
It's (obviously) not meant to be an exact blueprint of the future, but something reasonably close that gives you a feel for the situation and what is and isn't on the table.

To Summarize:
  • Cuts of significance were Quinn & Trevethan
  • Notable FAs not back: Ifedi, Daniels, Dalton, Graham, Hicks
  • new external FAs above minimum: NONE
  • internal FAs back at more than 1-3M: Robinson and Nichols. That's it.
  • 26.5M in dead money. Really. Well over 10% of the cap for players that aren't even here.
  • And the end result still doesn't even make it under the cap without more work.
  • And the OL is still a wreck unless Jenkins and Borom are both starter quality.

Yes, there's some salary guesswork involved. It's fairly minor, though.
Yes, you can get a little more room by pushing money forward. Not as much as people like to think, though. And doing that is part of the tight situation they are in. That practice makes sense when you're the Saints and are in the mix for a championship nearly every year with an aging great QB. You kick the can down the road and live for the moment. When you're a perennial .500 team with 0 playoff wins, not so much.
Same for heavily backloading Robinson - you can do it, but it's a bad idea.
You can push a little money forward by making Quinn & Trevethan Post June 1, which isn't done here. But they're also pushing Graham money forward (presumably to make a 2021 move), which isn't accounted for here either.

A lot of core players are hitting big raises (mostly in contracts already written, so people aren't really thinking about and expecting it) right about 2022 and they're either literally uncuttable or very painful from a football standpoint to lose - Goldman, Nichols, Roquan, Whitehair, Mack, Jackson. There's not much obvious fat to cut and nearly all there is, I've done. If you want some serious room to maneuver, you're going to have to dig even deeper than launching Ifedi, Daniels, Hicks - you're going to have to do something like say goodbye to a Roquan, Goldman, Mack, Nichols, or ARob.
Last edited by Moriarty on Thu Sep 09, 2021 9:10 am, edited 1 time in total.
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Code: Select all

PLAYER	       POS.	AGE	FA IN	2022 HIT     POS TOTAL	
R2             CB			  $1,800,000 	$6,533,838 
Jaylon Johnson	CB	23	2024	$1,764,210 	
Artie Burns	CB	27		$1,000,000 	
Shelley/Graham	CB	26	2023	$996,960 	
Kindle Vildor	CB	25	2024	$972,668 	
Eddie Goldman	DL	28	2024	$11,810,000 	$28,780,028 
Bilal Nichols	DL	26		$8,000,000 	
Mario Edwards	DL	28	2024	$4,224,116 	
Angelo Blackson	DL	30	2023	$3,000,000 	
R6	      DL			  $900,000 	
Khyiris Tonga	DL	26	2025	$845,912 	
Roquan Smith	ILB	25	2023	$9,735,000 	$13,762,333 
Alec Ogletree	ILB	31		$1,200,000 	
R5	      ILB			$1,000,000 	
R5	      ILB			$1,000,000 	
Caleb Johnson	ILB	24	2024	$827,333 	
Cody Whitehair	OL	30	2025	$12,300,000 	$21,214,599 
Teven Jenkins	OL	24	2025	$1,906,329 	
R3	      OL			$1,100,000 	
Sam Mustipher	OL	26		$1,000,000 	
inside ?	OL			$1,000,000 	
outside ?	OL			$1,000,000 	
?	      OL			$1,000,000 	
Alex Bars	OL	27		$1,000,000 	
Larry Borom	OL	23	2025	$908,270 	
Khalil Mack	OLB	31	2025	$30,150,000 	$35,076,418 
J Attaochu	OLB	29	2023	$3,100,000 	
Trevis Gipson	OLB	25	2024	$976,418 	
Snowden	         OLB			$850,000 	
Nick Foles	QB	33	2023	$10,666,667 	$14,955,748 
Justin Fields	QB	23	2026	$4,289,081 	
Tarik Cohen	RB	27	2024	$5,750,000 	$8,709,254 
D Montgomery	RB	25	2023	$1,201,577 	
Nall/Pierce	RB			$900,000 	
Khalil Herbert	RB	24	2025	$857,677 	
Eddie Jackson	S	30	2025	$15,090,000 	$20,590,000 
Tashaun Gipson	S	32		$2,000,000 	
Deon Bush	S	29		$1,500,000 	
Houston-Carson	S	29		$1,000,000 	
Christian	S			$1,000,000 	
Cairo Santos	ST-K	31	2024	$3,175,000 	$6,175,000 
Patrick Scales	ST-LS	34		$1,000,000 	
Pat O'Donnell	ST-P	31		$2,000,000 	
Jesse James	TE	28		$3,500,000 	$7,566,667 
Cole Kmet	TE	23	2024	$2,066,667 	
J.P. Holtz	TE	29		$1,000,000 	
Horsted	           TE			$1,000,000 	
Allen Robinson	WR	29		$18,000,000 	$23,665,513 
M Goodwin	WR	32		$2,000,000 	
Darnell Mooney	WR	25	2024	$965,513 	
Adams?	          WR			$900,000 	
Coulter?	WR			$900,000 	
?	          WR			$900,000 	
					
					
					
Roster				$187,029,398 	
					
Dead Money			$26,435,924 	 
					
Total				$213,465,322 	
Cap				$208,870,683 	
Net				($4,594,639)	
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And my regular reminder that we're in this position despite not having to pay an NFL starting QB salary nor having had to since Cutler, who wasn't particularly expensive himself.

Oline $200
Receivers $150
Defence $800
One year journeymen and ageing vets $3,600
Khalil Mack $150
someone who is good at the cap please help me budget this. my team is dying
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The Bears just converted $5.825 million of Jimmy Graham's salary to a signing bonus, freeing up 4.6 million this year but putting that 5.825 M against the '22 cap.
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Pace/Lane are from the New Orleans Saints model of "kick the can down the road". Every year, seemingly, the Saints are in salary cap hell yet they figure it out.

Color me unconcerned until further notice.
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G08 wrote: Thu Sep 09, 2021 4:15 pm Pace/Lane are from the New Orleans Saints model of "kick the can down the road". Every year, seemingly, the Saints are in salary cap hell yet they figure it out.

Color me unconcerned until further notice.
I've definitely stopped worrying about it. I won't claim it's a strategy without risks and downsides, but I think people ignore that more conservative cap management strategies come with risk in the form of opportunity cost. People just have a really big aversion to dead cap, but as long as it's accounted for we don't have to freak out about.

I'll grade Paces cap management on the quality of deals he gives, not how he structures them. (and there is plenty of room for complaint there).
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I love this thread Moriarty - Thank you

(I had definitely looked at it before this)
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I have no idea how close OTC is, but going into the cap manager cutting Quinn, Foles, Graham and Trevathon leaves them a 55 million in cap space. But only leaves 28 players under contract for 22.
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Moriarty - have might you been incorporating these two upcoming things:

1) Upcoming Revenue Growth (less corona)

2) The massive TV Contracts coming soon
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I think people thinking Danny T is an obvious cut might be wrong (or at least its closer than you think)

I think he only saves just over 3 million in real cap money (i.e. you aren't paying the base and roster bonus) - but actually will count more in Dead money (at least for 2022)

So for 3+ million and pushing some dead money hurt down the line a year - I think he could finish out the contract


I also think potentially dealing Foles next year gets more possible too

I do think Eddie Goldman could very, very much be a trade candidate
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southdakbearfan wrote: Thu Sep 09, 2021 5:52 pm I have no idea how close OTC is, but going into the cap manager cutting Quinn, Foles, Graham and Trevathon leaves them a 55 million in cap space. But only leaves 28 players under contract for 22.
Graham really can't be cut. His deal will just void. But they could potentially resign him to kick that dead cap out another year or two.

But 55M looks about right. With how many open roster spots they have open thats like "effective" cap spending of 37M as you'd be at nearly 20M just to fill out the roster with minimum salary guys. Not much in the way of picks. And some important FA. But with back loading, it's not too bad. And a lot more potential space frees up in subsequent years. So they can afford some backloading.

Key roles/players to replace among FA.
Allen Robinson
Akiem Hicks
Pat O'Donnell
James Daniels
Marquise Goodwin
Damiere Byrd
Alec Ogletree
Sam Mustipher (ERFA)
Bilal Nichols

That WR is pretty empty going into 2022... Only Mooney under contract.
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southdakbearfan wrote: Thu Sep 09, 2021 5:52 pm I have no idea how close OTC is, but going into the cap manager cutting Quinn, Foles, Graham and Trevathon leaves them a 55 million in cap space. But only leaves 28 players under contract for 22.
And then from there, add 23 low level players at roughly 1M each, then I re-signed ARob for 18 and Nichols for 8, and that's roughly the end of your 55M (23+18+8)
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RichH55 wrote: Thu Sep 09, 2021 6:56 pm I think people thinking Danny T is an obvious cut might be wrong (or at least its closer than you think)

I think he only saves just over 3 million in real cap money (i.e. you aren't paying the base and roster bonus) - but actually will count more in Dead money (at least for 2022)

So for 3+ million and pushing some dead money hurt down the line a year - I think he could finish out the contract


I also think potentially dealing Foles next year gets more possible too

I do think Eddie Goldman could very, very much be a trade candidate
If Foles is still on the team at year's end he is most likely a cut due to a roster bonus that will come due if he is still on the roster when the league year starts. Dalton is the same hit cut or on the team so he most likely stays as backup.

DT is over 6 million in dead cap even if he plays out 22, it just depends on what year they decide to take the hit (another void year special).
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southdakbearfan wrote: Fri Sep 10, 2021 12:42 am
RichH55 wrote: Thu Sep 09, 2021 6:56 pm I think people thinking Danny T is an obvious cut might be wrong (or at least its closer than you think)

I think he only saves just over 3 million in real cap money (i.e. you aren't paying the base and roster bonus) - but actually will count more in Dead money (at least for 2022)

So for 3+ million and pushing some dead money hurt down the line a year - I think he could finish out the contract


I also think potentially dealing Foles next year gets more possible too

I do think Eddie Goldman could very, very much be a trade candidate
If Foles is still on the team at year's end he is most likely a cut due to a roster bonus that will come due if he is still on the roster when the league year starts. Dalton is the same hit cut or on the team so he most likely stays as backup.

DT is over 6 million in dead cap even if he plays out 22, it just depends on what year they decide to take the hit (another void year special).
I don't think Dalton is actually signed for next year that's just dead money from this year.
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The Cooler King wrote: Fri Sep 10, 2021 7:46 am
southdakbearfan wrote: Fri Sep 10, 2021 12:42 am

If Foles is still on the team at year's end he is most likely a cut due to a roster bonus that will come due if he is still on the roster when the league year starts. Dalton is the same hit cut or on the team so he most likely stays as backup.

DT is over 6 million in dead cap even if he plays out 22, it just depends on what year they decide to take the hit (another void year special).
I don't think Dalton is actually signed for next year that's just dead money from this year.
Sweet, maybe they can play with ghost rushers.
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southdakbearfan wrote: Fri Sep 10, 2021 12:42 am
RichH55 wrote: Thu Sep 09, 2021 6:56 pm I think people thinking Danny T is an obvious cut might be wrong (or at least its closer than you think)

I think he only saves just over 3 million in real cap money (i.e. you aren't paying the base and roster bonus) - but actually will count more in Dead money (at least for 2022)

So for 3+ million and pushing some dead money hurt down the line a year - I think he could finish out the contract


I also think potentially dealing Foles next year gets more possible too

I do think Eddie Goldman could very, very much be a trade candidate
If Foles is still on the team at year's end he is most likely a cut due to a roster bonus that will come due if he is still on the roster when the league year starts. Dalton is the same hit cut or on the team so he most likely stays as backup.

DT is over 6 million in dead cap even if he plays out 22, it just depends on what year they decide to take the hit (another void year special).


I think the Foles Roster Bonus is guaranteed - so you can't get out of it unless you trade him beforehand
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I dont think we resign Robinson either

They should be careful as to the Comp picks this offseason
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Maybe I'm wrong as I don't follow the cap the way many of you do - but the fact that the Bears released a frontline starting CB and replaced him with a 5th round stiff (again, hope I'm wrong - but I doubt it) is due to cap mismanagement...ditto feeling compelled to release Charles Leno, hardly an elite left tackle but someone who at least has the pelts on the wall. Drafting a pre-injured tackle to replace him then compelled the Bears to sign a 39 year old has-been off of his fishing boat.

Ryan Pace sucks - and cap management is one of the many reasons why (so it appears)
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Artbest wrote: Fri Sep 10, 2021 9:11 am Maybe I'm wrong as I don't follow the cap the way many of you do - but the fact that the Bears released a frontline starting CB and replaced him with a 5th round stiff (again, hope I'm wrong - but I doubt it) is due to cap mismanagement...ditto feeling compelled to release Charles Leno, hardly an elite left tackle but someone who at least has the pelts on the wall. Drafting a pre-injured tackle to replace him then compelled the Bears to sign a 39 year old has-been off of his fishing boat.

Ryan Pace sucks - and cap management is one of the many reasons why (so it appears)
The Leno thing was just kind of an odd choice Art - It wasn't necessary (Granted the Jenkins injury makes it look dumber in retrospect) Cap wise

Fuller was very much a cap thing (Leno could have been a cap thing if you want to make it a choice between Fuller and Leno - ok)

Jimmy Graham should have factored into the calculus - that just never made sense

Pace's contracts haven't been great - I think thats a fair point
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Cutting Foles only saves you 3M. And then you have to sign a different vet as your backup, which will cost you 1-6M. There's just not much point or much to gain.

Yes, DT costs you money after he's gone, Dalton costs you money after he's gone, Ifedi costs you money after he's gone...
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Moriarty wrote: Fri Sep 10, 2021 10:14 am Cutting Foles only saves you 3M. And then you have to sign a different vet as your backup, which will cost you 1-6M. There's just not much point or much to gain.

Yes, DT costs you money after he's gone, Dalton costs you money after he's gone, Ifedi costs you money after he's gone...
I think is possible you could go cheaper than 3M for Foles at backup QB. But it's not a slam dunk.

Possibly they'll be able to see if there's a trade market for him though. Still some guaranteed money they could walk away from in a trade v cut scenario.
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RichH55 wrote: Fri Sep 10, 2021 9:47 am
Pace's contracts haven't been great - I think thats a fair point
This is where the entire discussion should be focused. People just get distracted with other things that just simply don't matter.

Danny Trevanthans deal was never gonna look good. Quinn's was a bust. Graham was a luxury they probably didn't need. You can kind of go on and on. Now granted you have to weigh it against any wins in good positive contracts to be fair. But I would say he has given out too many bad deals and especially in the last few years.
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RichH55 wrote: Fri Sep 10, 2021 9:47 am
Artbest wrote: Fri Sep 10, 2021 9:11 am
Ryan Pace sucks - and cap management is one of the many reasons why (so it appears)
Pace's contracts haven't been great - I think thats a fair point

His contracts and cap management have been poor.

People aren't going to realize or admit it until he's gone and the pain of the cleanup effort sets in for the chump that inherits his mess.
Meanwhile, he's not going to be willing to experience the pain of getting things in order while he's here. So he's going to delay the reckoning for as long as possible and keep pushing money forward as much as he can. He should be able to do it enough and for long enough for them to make a mini-run if/when Fields starts playing well. But the house of cards comes down at some point and it very likely will hold them back in the future.


For those pimping the Saints - do you realize:
a) In the last 12 years, they've got 8 playoffs, 8 playoff wins, 1 SB championship. In Pace's 6, 2 playoffs, 0 playoff wins. They got something worthwhile in return for sacrificing the future.
b) They lost (cut, retire, FA walks) 10 players and almost 90M in salary (that's just savings, not even counting dead money) this year to get under the cap. And they still had to restructure 9 contracts (keep pushing the money forward - 50M worth) to make it, even after 90M in clearance. Next year Spotrac has them 20M over with only 36 under contract. That's going to be 35M over at least, by the time they fill their roster. OTC has them even worse - 35M over with 38 under contract. And they don't have any easy removals left like 25M for Brees, either. Almost all their highest paid players cost more to cut (Pre June 1) than to keep. Sure, "they'll figure it out, just like they always do" - with another bloodletting and by continuing to push money forward, because they have no other choice. They're trapped in a cycle and they literally couldn't stop pushing forward for another 1-3 years, even if their lives depended on it.
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I was worried about this when we hired Pace because of the Loomis connection. That said, a “cap reset” can happen in one year, two at most. It’ll be a painful year, but it’s not like it’s a 5 year process. The only time it’s a long rebuild like that is when you have no young talent to build around - that’s not us.
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dplank wrote: Fri Sep 10, 2021 12:36 pm I was worried about this when we hired Pace because of the Loomis connection. That said, a “cap reset” can happen in one year, two at most. It’ll be a painful year, but it’s not like it’s a 5 year process. The only time it’s a long rebuild like that is when you have no young talent to build around - that’s not us.
I'm less and less convinced resets are even needed under the Saints model. Its just "always defer". Sure you'll never have a "clean" cap, but theres no sign that the ability to defer will go away either. There's really not too much functional difference between always spending this year's cap verse always spending next year's cap. The key is to move past any sunk cost aversions. Dead caps and void years and whatever are just distractions and window dressing that don't really matter.

Plus I'm starting to be convinced that Loomis is just trolling us at times now after the bogus Taysom Hill "extension" . Their cap is never as bad as even the average NFL analyst realizes. I'm convinced all their tricks are always preacccounted for. In a way they're not 35M over next years cap. I bet they know every paper cap hit already out there and how they'll defer it. It's like a shell game.
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True. It reared it's head against us this offseason because of the unexpected, very unique cap reduction scenario that no one could have planned for. Without that, we don't have to cut Fuller this offseason.
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Anybody else thinking that if Eddie Jackson doesn't come around this year under Desai, it's time to cut bait on him via trade or release? That said, not sure how such moves would hit us in the short run.

He's like the QB who has to have everything just right around him to perform at a high level--an it is a very high level. Otherwise though, he's not good at all. He's a centerfielder. He's not a guy you want to depend on as a tackler.
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Mikefive wrote: Fri Sep 10, 2021 1:33 pm Anybody else thinking that if Eddie Jackson doesn't come around this year under Desai, it's time to cut bait on him via trade or release? That said, not sure how such moves would hit us in the short run.

He's like the QB who has to have everything just right around him to perform at a high level--an it is a very high level. Otherwise though, he's not good at all. He's a centerfielder. He's not a guy you want to depend on as a tackler.
Probably not. He has a partial guarantee for 2022 that is fully guaranteed on day 3 of the league year.

Maybe by 2023 he'll be a cut candidate. But let's just hope he rebounds and makes such speculation look incredibly silly in hindsight.
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Next year his cap hit goes from 5 to 15M.

I can't conceive of any way that he plays 2021 in such a way that you feel he's worth 15M.
But at the same time, you get 18.5M in dead money if you axe him in the 2022 offseason.

So you pretty much have to bend over and take it in 2022 and then evaluate the future from there (which means very likely cut him at that point).
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The Cooler King
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He has 5 fully guaranteed and another 6 guaranteed for injury next year. Assuming he's healthy and you could get out if the 6, how bad does he have to be to be willing to cut him? I think pretty bad. I really can't imagine him being that bad. And he could rebound and just look like his old self too!

And you have to decide quick as that 6 fully guarantees on day 3 of the league year.
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