kelly Posted October 21, 2014 Share Posted October 21, 2014 Jets' salary-cap update, post-Harvin trade : $14.6 million in room The addition of Percy Harvin took a chunk out of the New York Jets' massive amount of salary-cap space, but they're still not crying poverty. They still have $14.58 million in room, according to ESPN Stats & Information. Only the Jacksonville Jaguars ($24.17 million), Cleveland Browns ($20.58 million) and Philadelphia Eagles ($16.54 million) have more space than the Jets. Harvin will count $6.47 million on the cap for the final 10 weeks (nine games plus the bye week). Initially, it was widely reported his cap charge would be $7.1 million, but his former team, the Seattle Seahawks, ended up picking up last week's pay check because the Jets already had played Thursday night, before the trade was finalized. Despite his abbreviated season in New York, Harvin still has the fourth-highest cap charge on the Jets. The top 5 : 1. D'Brickashaw Ferguson -- $11.7 million 2. Nick Mangold -- $7.2 million 3. David Harris -- $7.0 million 4. Percy Harvin -- $6.47 million 5. Eric Decker -- $4.0 million 5. Michael Vick -- $4.0 million > http://espn.go.com/blog/new-york/jet...illion-in-room Link to comment Share on other sites More sharing options...
Arsis Posted October 21, 2014 Share Posted October 21, 2014 14.6 is two extremely serviceable starters next year depending on the position. That or a superstar with a few mill left over. Link to comment Share on other sites More sharing options...
kelly Posted October 22, 2014 Author Share Posted October 22, 2014 Analysis : Jeremy Kerley extension makes sense A few thoughts on wide receiver Jeremy Kerley signing a four-year, $16 million contract extension Tuesday with the New York Jets : 1. The timing is curious, considering Kerley's recent slump and the arrival of Percy Harvin, but this is a good business move by the Jets. The bottom line is, Kerley is a good football player, he's only 25 years old (he turns 26 on Nov. 8) and the cost isn't outrageous -- a reported $5.4 million in guarantees. He's making $1.4 million this season, the final year of his rookie contract. 2. Kerley is one of the few good draft picks they've made on offense in recent years, so it made sense to lock him up before he hit the free-agent market after the season. The philosophy behind conserving cap room is to re-sign your own players, and that's what GM John Idzik has done. 3. This has no bearing on Harvin's future; it's apples and oranges. Financially, he's in a different league than Kerley. The Jets will make the Harvin decision based on whether they believe he's worth his 2015 salary ($10.5 million), which puts him near the top of the salary-structure for wide receivers. 4. Ever since a seven-catch game in Week 3, Kerley's production has dipped -- only seven catches for 60 yards and no touchdowns over the last four games. His playing time also has decreased -- 61.9 and 58.6 percent of snaps in the last two games, his lowest percentages of the season. Harvin, too, is a slot receiver, so it'll be interesting to see how it plays out in the coming weeks. 5. Don't be surprised if Idzik continues along this path, extending other potential free agents. The top names are running back Bilal Powell and linebacker David Harris, who actually is looking for his third contract. The big fish is defensive end Muhammad Wilkerson. He's signed through 2015, but the two sides are talking and it wouldn't be a shock if a deal is done in the coming weeks. > http://espn.go.com/blog/new-york/jets/post/_/id/44963/analysis-kerley-extension-makes-sense Link to comment Share on other sites More sharing options...
FidelioJet Posted October 22, 2014 Share Posted October 22, 2014 14.6 is two extremely serviceable starters next year depending on the position. That or a superstar with a few mill left over. This is why I don't like this move...While we still have a lot of cap space - $7mm is a lot of money and could have spent in multiple other ways. Link to comment Share on other sites More sharing options...
Sperm Edwards Posted October 22, 2014 Share Posted October 22, 2014 This is why I don't like this move...While we still have a lot of cap space - $7mm is a lot of money and could have spent in multiple other ways. Most likely, at least that much would have been rolled over to 2016 anyway. There is no one we won't be able to get because of Harvin's $7M in 2014 if he's not kept. $7M is a one-year amount. Over the length of a new contract for a new player, it's less than $2M/year and with the amount of space we have that is insignificant. I don't like paying Harvin anywhere near this much, this season, any more than you do. But this is Idzik admitting defeat in drafting his own starting WR. Or at worst, it's a $7M insurance policy in case he can't get anyone better in FA in March, or in (the likely) case that neither of his 2 remaining '14 WR draft picks show they're starter-worthy in the next 10 months. If any of those things happen, Harvin gets cut and he was an excessively-expensive insurance policy. Link to comment Share on other sites More sharing options...
FidelioJet Posted October 22, 2014 Share Posted October 22, 2014 Most likely, at least that much would have been rolled over to 2016 anyway. There is no one we won't be able to get because of Harvin's $7M in 2014 if he's not kept. $7M is a one-year amount. Over the length of a new contract for a new player, it's less than $2M/year and with the amount of space we have that is insignificant. I don't like paying Harvin anywhere near this much, this season, any more than you do. But this is Idzik admitting defeat in drafting his own starting WR. Or at worst, it's a $7M insurance policy in case he can't get anyone better in FA in March, or in (the likely) case that neither of his 2 remaining '14 WR draft picks show they're starter-worthy in the next 10 months. If any of those things happen, Harvin gets cut and he was an excessively-expensive insurance policy. $7mm insurance policy is a very large premium. With that said I see your point and if Idzik can find a way to restructure this contract in the 4-5 (maybe a bit more than he paid Kerly) then it's worth the $7mm this year to have him for 3 at a good price. Link to comment Share on other sites More sharing options...
Sperm Edwards Posted October 23, 2014 Share Posted October 23, 2014 $7mm insurance policy is a very large premium. With that said I see your point and if Idzik can find a way to restructure this contract in the 4-5 (maybe a bit more than he paid Kerly) then it's worth the $7mm this year to have him for 3 at a good price. If anything ends up working out you don't question the path to get there. Just like Seattle picking up Harvin, then he misses basically the whole regular season, doesn't start ever, then they win the SB. It was a monumental blunder to use all those picks and all that cap space on him. But they still won it all so no one finds fault with it. If it doesn't work out, dip your torch tip in kerosene and meet up at Smashmouth's house for the "rally" that will ensue. Link to comment Share on other sites More sharing options...
jgb Posted October 24, 2014 Share Posted October 24, 2014 Gotta spend it somewhere, would rather pay more for guys who have produced at this level than trust jets to identify, draft and develop talent Link to comment Share on other sites More sharing options...
kelly Posted October 25, 2014 Author Share Posted October 25, 2014 i think the " i-man " is looking to sign two big $ free agents this upcoming off-season cheers ~ ~ Link to comment Share on other sites More sharing options...
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