Today is always a bittersweet day as the NFL makes their cuts down to 53 players. On one hand it marks the turn into the regular season which is exciting for fans and players alike but on the other hand over one thousand players will lose their chance to play this year. A few notes on our schedule at OTC.
We won’t process cuts until they become official. Today will be loaded with news of players who are being cut, expected to be cut, and so on. Some actually wind up on IR. A few may be traded. A few are not actually cut. It is easier to just wait to process everything.
Due to the high volume of transactions expect to see some delay in updating everyone. We’ll get there by Monday for certain but expect a lot of changes over the next 48 hours.
Practice squad players will start signing tomorrow afternoon once they clear waivers. Again we will process these when official and we have completed the initial cuts. There are a lot more practice squad spots than usual so on the bright side expect more rookies than usual to get a chance at making a roster.
It is important to remember that the 53 man today is also not going to be the 53 man tomorrow. The rosters in the NFL are very fluid this time of year and really are not set until Tuesday afternoon which is the day the players earn a pay check.
Salary cap calculations change on Tuesday as well. On that day they move from the 51 man offseason system to the full roster in-season accounting system. Expect every team to lose at least $3.5 million in cap space. We will switch over to the in season system earlier than Tuesday and will put an update on the front page when we do so.
This is the last week where we usually see last minute contract changes and extensions. This take time to get information on so if you have any information to share please let me know and we will update it. Once we get the cuts all processed Ill probably also post an update on the cap numbers in place at the time.
Finally due to all the salary cap stuff going on right now the podcast will be late this week. I probably wont record until Tuesday or Wednesday night and will look at the final rosters and do some (bad) predictions for the season. So if you have any questions you can let me know.
We should have some good stuff on tap for OTC this year. We will do the weekly valuations again hopefully starting in week 1 but definitely in week 2. We should have some added materials by the end of the year in the premium section that I think you will also enjoy looking at and find useful for research too.
As always thanks for the support and continuing to use OTC.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.