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Second purge of veterans to clear cap room on the way

Len Pasquarelli April 27, 2001
By Len Pasquarelli
SportsLine.com Senior Writer
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For the hundreds of unrestricted and unattached veteran free agents still seeking a job offer for the 2001 season, the situation grew ever more desperate on Friday, with the likelihood that an already glutted market is about to become even more crowded in the next month.

On its website, the NFL Players Association on Friday advised agents of each team's respective rookie pool allocation for 2001. The numbers, obtained by SportsLine.com, clearly augur another purge of veterans so franchises can clear sufficient salary cap space to accommodate draft picks.

The rookie allocation essentially is a pool within a pool, the maximum amount of salary cap space a team can budget to its draft picks and also undrafted free agents. It is a part of, and not separate from, the leaguewide $67.4 million spending limit per team.

According to the NFLPA, this year's record rookie pool is $112.986 million, or about $3.645 million per franchise, with each club's allocation based on the number of draft picks it exercised last weekend and the rounds in which they were chosen. Four franchises were awarded rookie pools of more than $5 million.

The Seattle Seahawks, who had a pair of first-round selections and tied for the most picks overall with 12, received the highest allocation, $5.886 million. The lowest rookie pool, $2.105 million, was awarded to the Tennessee Titans.

Most important, however, is that the rookie pool dwarfs the total cap room available leaguewide. According to updated NFL Management Council documents obtained by SportsLine.com, there is only $62.4 million of aggregate spending room available, less than $2 million per team.

The difference between the aggregate rookie pool allocation and combined cap room available is about $50.4 million.

Said the general manager of one AFC team which will have to create significant salary cap room to sign its draft choices: "The handwriting is on the wall for some veterans. Either they will have to restructure their contracts or be released. When that June 1 date rolls around, there are going to be more cuts and the market really is going to be tight. All those guys turning up their noses at the minimum salary contracts ($477,000) they're being offered now will be banging down our doors trying to get the same deal a month from now."

Because of the so-called "rule of 51" -- which stipulates that only the 51 highest-paid players on a team's roster count against its salary cap during the offseason -- clubs will not have to carve out the entire difference between their available cap space and rookie pool allocation. For the most part, teams' middle- and low-round draft choices don't rate among the 51 highest-paid players on the roster and make no dent in the salary cap.

Still, it appears that between 18-20 teams will have to create significant salary cap room before they can begin signing their high-round draft selections.

Here is a look at the remaining cap room for each team and their rookie pool allocation:

Arizona Cardinals -- $4.9 million -- $5.672 million

Atlanta Falcons -- $860,000 -- $5.248 million

Baltimore Ravens -- $2.9 million -- $2.834 million

Buffalo Bills -- $821,000 -- $4.601 million

Carolina Panthers -- $290,000 -- $3.743 million

Chicago Bears -- $2.8 million -- $3.656 million

Cincinnati Bengals -- $10.4 million -- $4.354 million

Cleveland Browns -- $5.7 million -- $4.748 million

Dallas Cowboys -- $139,000 -- $2.869 million

Denver Broncos -- $2.2 million -- $2.823 million

Detroit Lions -- $1.3 million -- $2.931 million

Green Bay Packers -- $1.3 million -- $3.505 million

Indianapolis Colts -- $630,000 -- $3.068 million

Jacksonville Jaguars -- $800,000 -- $4.008 million

Kansas City Chiefs -- $636,000 -- $2.551 million

Miami Dolphins -- $1.5 million -- $3.478 million

Minnesota Vikings -- $1.9 million -- $3.129 million

New England Patriots -- $2.4 million -- $4.699 million

New Orleans Saints -- $399,000 -- $2.817 million

New York Giants -- $37,000 -- $2.766 million

New York Jets -- $260,000 -- $2.914 million

Oakland Raiders -- $2.2 million -- $2.754 million

Philadelphia Eagles -- $7.0 million -- $2.768 million

Pittsburgh Steelers -- $1.0 million -- $3.016 million

San Diego Chargers -- $290,000 -- $4.468 million

San Francisco 49ers -- $526,000 -- $4.014 million

St. Louis Rams -- $3.5 million -- $5.552 million

Seattle Seahawks -- $4.7 million -- $5.886 million

Tampa Bay Buccaneers -- $359,000 -- $3.310 million

Tennessee Titans -- $200,000 -- $2.105 million

Washington Redskins -- $459,000 -- $2.701 million

Total -- $62.406 million -- $112.986 million



   

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