[Ingalls] Overall the Packers are in great cap shape for 2024 after fitting in new extensions for Kenny Clark and Jordan Love. They’ll have about $9-12 million open to play with to: 🔹Sign more players 🔹Trade for players at the deadline 🔹Extend pending free agents 🔹Roll over to 2025
July 30, 2024
[Ingalls] Overall the Packers are in great cap shape for 2024 after fitting in new extensions for Kenny Clark and Jordan Love. They’ll have about $9-12 million open to play with to: 🔹Sign more players 🔹Trade for players at the deadline 🔹Extend pending free agents 🔹Roll over to 2025
4 comments
Imo that 9-12 figure is the sweet spot for cap space for a team that wants to contend. It’s enough to make moves, but not so much that it means you’re not using all your resources effectively.
Let Russ Ball
For anyone else wondering why this number is different than you’re seeing elsewhere, it’s because it’s a total effective cap space accounting for the 52nd and 53rd players (only the top 51 count against the cap during the off-season), the practice squad, potential practice squad call-ups, not-likely-to-be-earned incentives (I have no idea why he’s counting these as they would count against next year’s cap if earned), and a $6 million “piggy bank” for in-season transactions. That leaves ~$9 million in “true” spending money that Gute can use for whatever the hell he wants. That said, I’m expecting the vast majority of it will be rolled over into next year. We don’t currently have a ton of cap space in either ’25 or ’26, even before signing any free agents or draft picks, plus we need to start planning ahead for when the ’22 and ’23 draft classes hit free agency.
How does the roll over to 2025 work? Why would it be beneficial to not spend it?
4 comments
Imo that 9-12 figure is the sweet spot for cap space for a team that wants to contend. It’s enough to make moves, but not so much that it means you’re not using all your resources effectively.
Let Russ Ball
For anyone else wondering why this number is different than you’re seeing elsewhere, it’s because it’s a total effective cap space accounting for the 52nd and 53rd players (only the top 51 count against the cap during the off-season), the practice squad, potential practice squad call-ups, not-likely-to-be-earned incentives (I have no idea why he’s counting these as they would count against next year’s cap if earned), and a $6 million “piggy bank” for in-season transactions. That leaves ~$9 million in “true” spending money that Gute can use for whatever the hell he wants. That said, I’m expecting the vast majority of it will be rolled over into next year. We don’t currently have a ton of cap space in either ’25 or ’26, even before signing any free agents or draft picks, plus we need to start planning ahead for when the ’22 and ’23 draft classes hit free agency.
How does the roll over to 2025 work? Why would it be beneficial to not spend it?