In response to Fierce34's comment:
In response to Mployee8's comment:
I made it easy for you with a crayon ... Green for those players included and red for those renounced ... Other Cap Holds ($48,407,333) includes the MLE & BAE as well as ex-players still on the cap hold that would be renounced along with KG & Ray. This Other Cap Hold and the Guaranteed Salaries ($70,276,020) account for the total cap hold you site over and over again which is meaningless once renounced. $70,276,020 + $48,407,333 = $118,683,353 or the 119MM you quoted or stole from your source as ironclad proof. LOL!!!
Original Guaranteed Salaries $70,276,020
Pick #23 $1,035,200
Pick #53 $490,180
Total Salaries for
12 Players & 2 $48,499,356
Note: A team must have some combination of 12 players and cap holds at all times in offseason. When a player is signed, it removes one of these cap holds and replaces it with the value of the new contract. (Editorial note: When a player is signed, not after all players are signed ... the cap is refigured after each contract is signed)
119m - 48.5m = 70.5m
You removed 48.5m from 119m, right?
That means the Celts salary cap status is still at 70.5m, right?
The salary cap last season was 58m, right?
So since the Celts are above 58m, they're not under the cap.
Why are you so dumb? It's right there in front of you and you are still blind!
From the $70.5MM in guaranteed salaries you deduct Ray ($10MM) and KG ($21MM) once renounced with those other has-beens and you are down to $39MM. Add in the two draftees ($1.5MM) and the two exceptions ($7.9MM) and your total salaries/cap that year would have been $48.5MM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Then they sign KG (No Bird Rts) first for what should have been $7.5MM bringing the cap to $56MM with room for a S&T or a FA to the limit before resigning Bass, Green etal with Bird Rts taking them over the cap. GET IT?????