How Howie Roseman made $47 million disappear

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Remember when the Eagles were in cap trouble? 

Ha! 

Come on. This is Howie Roseman running the show. 

We should know by now there’s no such thing as cap trouble.

A little over a month ago, the Eagles were $19 million over their projected 2019 cap figure, as my colleague Dave Zangaro wrote (see story).

They had until the start of the official league year in mid-March to become cap compliant, and not only have they done that, they’ve cleared so much space that they now have one of the best cap situations in the NFL.

Through a series of moves — contract restructures, player releases, disappearing years in new deals — the Eagles have gone from $19 million over the cap to more than $24 million under the cap.

To be exact, the Eagles have $24,190,641 available under their adjusted 2019 cap figure of $197,508,046.

That’s the 11th most currently in the NFL and most among NFC East teams. The Cowboys have $19.1 million, the Redskins $12.8 million and the Giants $10.9 million.

The Eagles’ adjusted cap figure is higher than the NFL salary cap figure of $188,200 because the Eagles carried over $6,101,096 in cap space from 2018 to go with $3,206,950 in cap adjustments.

Add the $6.1 million, $3.2 million and $188.2 million and you get the Eagles’ 2019 cap figure of roughly $197.5 million.

Just by cutting ties with Tim Jernigan, Stefen Wisniewski and Nick Foles, trading Michael Bennett and restructuring Nigel Bradham and Rodney McLeod, the Eagles cleared out over $47 million in cap commitments. 

Additionally, Roseman was able to structure new contracts so the 2019 cap hits were manageable. 

DeSean Jackson’s cap hit this year is only $3.16 million, Malik Jackson’s is $2.8 million, Ronald Darby’s is $2.83 million and Brandon Graham’s is $3.5 million.

If the Eagles want to get a Carson Wentz deal done? They could easily do it today.

Like most teams, a huge chunk of the Eagles’ salary cap is allocated to a small number of players. Their top nine cap figures add up to $95.6 million — more than half of the $173 million the Eagles currently are on the books for.

When looking at the figures below, remember that during the offseason only the 51 highest cap figures on a team’s roster count against the cap. 

The Eagles have over $12½ million in dead money currently counting against their cap, about half of it from releasing Jernigan. 

Why are some players currently on the roster also on the list of dead money? Because if a player is released and then re-signed, his dead money from his original signing bonus still counts against the cap. 

League-wide, the Colts ($74.7 million), 49ers ($37.3 million), Browns ($35.4 million), Bills ($33.1 million) and Titans ($31.2 million) have the most cap space as of Wednesday.

Here is a look at the current salary cap figure of everybody on the Eagles’ roster:

$14,725,000 … Alshon Jeffery
$12,047,500 … Zach Ertz
$11,978,397 … Brandon Brooks
$11,902,000 … Fletcher Cox
$11,387,000 … Malcolm Jenkins
$  9,387,000 … Nelson Agholor
$  8,666,668 … Jason Peters
$  8,487,926 … Carson Wentz
$  7,056,206 … Lane Johnson
$  4.843,750 … Rodney McLeod
$  4,635,000 … Nigel Bradham
$  3,933,333 … Chris Long
$  3,504,815 … Derek Barnett
$  3,500,000 … Brandon Graham
$  3,164,000 … DeSean Jackson
$  3,095,000 … Nate Sudfeld
$  2,825,000 … Ronald Darby
$  2,800,000 … Malik Jackson
$  2,444,000 … Jason Kelce
$  2,187,500 … Vinny Curry
$  2,081,281 … Halapoulivaati Vaitai
$  2,039,214 … Jalen Mills
$  1,739,966 … Isaac Seumalo
$  1,674,564 … Sidney Jones
$  1,410,416 … L.J. Fort
$  1,300,000 … Andrew Sendejo
$  1,278,246 … Dallas Goedert
$     846,572 … Rasul Douglas
$     803,917 … Mack Hollins
$     781,145 … Wendell Smallwood
$     726,478 … Avonte Maddox
$     720,000 … Tyreek Burwell
$     720,000 … Kamu Grugger-Hill
$     720,000 … Deiondre’ Hall
$     720,000 … Josh Hawkins 
$     720,000 … Cre’von LeBlanc
$     720,000 … Rick Lovato
$     720,000 … Will Tye 
$     719,398 … Josh Sweat
$     709,312 … Shelton Gibson
$     648,334 … Corey Clement
$     645,000 … B.J. Bellow
$     645,000 … Jake Elliott
$     645,000 … Anthony Fabiano 
$     645,000 … Nate Gerry
$     645,000 … Daeshon Hall
$     645,000 … Treyvon Hester
$     645,000 … Johnny Holton
$     645,000 … Braxton Miller
$     645,000 … Josh Perkins
$     645,000 … Paul Worrilow
$     603,196 … Matt Pryor
$     592,348 … Jordan Mailata
$     570,000 … Josh Adams
$     570,000 … Carlton Agudosi
$     570,000 … Bruce Hector
$     570,000 … Kaleb Johnson
$     570,000 … Boston Scott
$     570,000 … Chandon Sullivan
$     570,000 … Tre’ Sullivan 
$     510,000 … Joe Ostman
$     497,500 … Alex Singleton
$     495,000 … Asantay Brown
$     495,000 … Michael Marken
$     495,000 … Mercy Masto
$     495,000 … Jeremiah McKinnon
$     495,000 … Dorren Miller
$     495,000 … Donnel Pumphrey
$     494,380 … Cameron Johnson

Here’s a list of all the players whose dead money counts against the Eagles’ 2019 cap: 

$  6,000,000 … Tim Jernigan
$  2,800,000 … Nick Foles
$  1,600,000 … Mychal Kendricks
$  1,200,000 … Michael Bennett
$     708,334 … Stefen Wisniewski
$     287,944 … Donnel Pumphrey
$       63,606 … Elijah Qualls
$       16,667 … Josh Adams
$       15,034 … Joe Walker
$       10,667 … Chandon Sullivan
$       10,000 … Bryce Treggs
$       10,000 … Billy Brown
$         6,667 … Joe Ostman
$         6,667 … Jeremy Reaves
$         6,667 … Toby Weathersby
$         5,000 … Aaron Evans
$         3,750 … Greg Ward
$         3,334 … Asantay Brown
$         3,334 … Bruce Hector 
$         1,667 … Ryan Neal
$         1,667 … Ian Park
$         1,250 … Adam Zaruba
$            668 … Randall Goforth

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