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Trading Dead Money: Eagles Reaping Benefits of Flexible Guarantee Structure

During the first week of free agency, the Eagles were able to trade three players – DeMarco Murray, Byron Maxwell and Mark Sanchez – whose contracts were structured in such as a way that the salary cap treatment in the case of a trade would be significantly different than in the case of a release. As a result of this contract structuring strategy, the Eagles were able to trade potential dead money to the respective trade partners.

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Expected Contract Value Calculations (3/13/2016)

Beginning the week of March 21st I will post positional reports based on Expected Contract Value with commentary and a depictions of the information that is easier to process, but for reference purposes I will continue to post the calculations on a rolling basis as they become available.

Mohamed Sanu, Sean Smith, J.R. Sweezy, Doug Martin, Tamba Hali, William Hayes, Cedric Thornton, Donald Stephenson, Jermaine Kearse, Matt Forte, Bilal Powell, Vincent Rey, Tracy Porter, and Antonio Gates.

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Expected Contract Value Calculations (3/10/2016)

Mark Barron, Damon Harrison, Mitchell Schwartz, Tashaun Gipson, Chris Ivory, Travis Benjamin, DeMarco Murray, Jeremy Lane, Ladarious Green, Bobby Massie, Richard Matthews, Jaye Howard, Brandon Mebane and Haloti Ngata.

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Expected Contract Value Calculations

Olivier Vernon, Malik Jackson, Brock Osweiler, Janoris Jenkins, Kelechi Osemele, Brandon Brooks, Marvin Jones, Alex Mack, Bruce Irvin, Rodney McLeod, Coby Fleener, Jeff Allen, Dwayne Allen, George Iloka, Danny Trevathan, Joseph Barksdale, Alex Boone, Chase Daniel, Ben Jones, Isa Abdul-Quddus, Ahtyba Rubin, and Richie Incognito.  Many more are on the way.

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Commitment Index: Eve of Free Agency

As a reminder, Commitment Index measures net future salary cap commitments (prorated signing bonus amounts and guaranteed base salaries net of current salary cap space) relative to the average net future cap commitments of all teams. The three primary concepts are (1) only actual commitments are relevant to evaluating future spending capacity, not scheduled salary cap numbers of existing contracts, (2) committing future salary cap space is only potentially detrimental to the extent the team does not possess at least an equal amount of current salary cap space available to be carried forward to future years to negate the future cap commitments and (3) net future salary cap commitments should be measured on a relative basis because a team only disadvantages itself in terms of future spending capacity to the extent it makes more net future cap commitments than the other teams in the league (if every team “mortgages its future” to the same degree, then no team has really “mortgaged its future” at all).

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2016 Cap Analytics: Denver Broncos

Expected Contract OutcomesExpected Contract Value 2.0 utilizes an algorithm based on a player’s contract characteristics, age, position and 2015 performance to forecast probabilities as to the outcomes of contract termination decisions.   The lower the Expected Outcome, the more likely the player’s contract will be terminated in 2016.  A pay cut is treated as a termination.  We have applied ECV 2.0 to all contracts scheduled to count $2 million or more against the 2016 salary cap with the exception of exercised 5th year rookie options.  Expected Savings is the calculated by multiplying the probability a player will be released by the cap savings realized by the team upon such release.

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2016 Cap Analytics: Carolina Panthers

Expected Contract OutcomesExpected Contract Value 2.0 utilizes an algorithm based on a player’s contract characteristics, age, position and 2015 performance to forecast probabilities as to the outcomes of contract termination decisions.   The lower the Expected Outcome, the more likely the player’s contract will be terminated in 2016.  A pay cut is treated as a termination.  We have applied ECV 2.0 to all contracts scheduled to count $2 million or more against the 2016 salary cap with the exception of exercised 5th year rookie options.  Expected Savings is the calculated by multiplying the probability a player will be released by the cap savings realized by the team upon such release.

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