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Steelers offer proof of escaping from salary cap hell

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The Raiders entered this week nearly $30 million over the salary cap, once you factor in the $6.2 million they have to account for by placing the franchise tag on strong safety Tyvon Branch. Teams have until Mar. 13 to be in compliance with the cap.
No team is in worse shape than the Raiders when it comes to the salary cap. However, it wasn’t long ago that the Pittsburgh Steelers were in an even worse situation.
Today, the Steelers are about $12 million under the projected $120 million cap. They got there by paring more than $40 million from their cap in about a month’s time.
This isn’t to say that the Raiders can follow the Steelers blueprint because the Steelers saved $14.26 million of that $40 million by cutting five aging, expensive players.
The Raiders don’t have many of those kinds of players, with weighty contracts, on their roster, with the possible exceptions of defensive tackle John Henderson ($4 million salary), cornerback Chris Johnson ($3.5 million) and safety Hiram Eugene ($2.5).
Therefore, they will have to rely upon restructuring the contracts of starting players such as quarterback Carson Palmer, defensive tackles Richard Seymour and Tommy Kelly, outside linebacker Kamerion Wimbley and wide receiver Darrius Heyward-Bey.
The Steelers saved more than $25 million by restructuring the contracts of five players — Ben Roethlisberger, LaMarr Woodley, Lawrence Timmons, Willie Colon and Ike Taylor.
The aforementioned Raiders players with sizable contracts for 2012 can restructure in ways that could save the Raiders most of what they need to save between now and the 13th.
As of Tuesday night, the Raiders had yet to submit any restructures to the league office. General manager Reggie McKenzie is spearheading the heavy lifting in terms of reworking contracts, and he isn’t sharing any of his notes.
Suffice, McKenzie will prevail upon a handful of players with sizable contracts that they need to help out right away, in exchange for a little extra spending cash down the road.
Wimbley will be the toughest one for McKenzie to iron out, given Wimbley is guaranteed $6.5 million of his $11 million salary for 2012, and he stands to recoup the $4.5 million difference, and thensome, if he balks at a restructure, gets released and hits free agency.
The good news for the Raiders is, they still have time. All they need now is cooperation from their players. Before long, the Raiders will be just like the Steelers, under the cap and ready to spend again.

Follow me on Twitter: @corkonthenfl

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Steve Corkran

  • Seymour Bush

    Raiders!!

  • Seymour Bush

    Now sign Mario Williams. Don’t let him go to the Dischargers. Or at least drive the price up so it guts their team.

  • Chris in NY

    Not to cheese off you A’s fans, but I wouldn’t mind seeing them leave the Coliseum so that we could finally get rid of that ridiculous dirt infield. Most HS teams don’t even have to play with that nonsense.

  • Seymour Bush

    Looks like Henderson, CJ gone. Huff needs to restructure as well.

  • Mistic1 Tha Supavillain

    Mistic1 Tha Supavillain Says:
    March 7th, 2012 at 4:25 pm

    Seymour Bush Says:
    March 7th, 2012 at 2:59 pm

    Mistic1 Tha Supavillain Says:
    March 7th, 2012 at 2:57 pm

    am i reading this correctly, NO CALLS FOR MANNING TO COME TO OAKLAND?!?!?!?! MANNING IS WAY BETTER THAN PALMER AND IT ISNT EVEN WORTHY OF DEBATE
    ====================================

    He really isn’t that much better than Palmer. He just had a much better team around him.
    ………………

    ok you are taking your palmer worship to an insane level.

    Palmer cant even be mentioned in the same breath as manning?!?!?!?!

    WOW!!! manning is a first ballot hall of fame player super bowl champion and perennial playoff contender.

    Palmer???? not even qualified for th bungles hall of fame, lloking up at ken anderson and boomer esiason.

    anybody that says palmer is in the same class a s manning needs help in the worst way.

    LAUGHABLE

  • Mistic1 Tha Supavillain

    Chris in NY Says:
    March 7th, 2012 at 4:24 pm

    Not to cheese off you A’s fans, but I wouldn’t mind seeing them leave the Coliseum so that we could finally get rid of that ridiculous dirt infield. Most HS teams don’t even have to play with that nonsense======

    ===============

    read up and be informed chris,

    the new deal is for 3 separate stadiums, the raiders and a’s will not be sharing any longer, and it will happen right here in the town, haters and out of towners be damned

  • LoneRaider

    Raiders Restructure Deals of Richard Seymour, Michael Huff
    March 7th, 2012 Matt Loede Posted in News

    Less than a week before the start of the 2012 league year, no team has more work to do to become salary cap compliant than the Raiders, who were over $20 million over the cap.

    This week, the Raiders got to work on that issue, restructuring the contracts of defensive tackle Richard Seymour and Michael Huff.

  • LoneRaider
  • Just Fire Baby

    Just went back to #48 on the last thread and watched most of the city council meeting. A few points:

    -First off, MAJOR, MAJOR Props are in order for our man B, representating at the meeting. You have executives, and consultants going up there and giving prepared speeches, and our boy goes up and knocks it out the park, in what looks like a Raider jersey, and strengthens the Semi-Pro foundation like never before.

    -This 3.5 million is basically just to hire a consultant for the RFP process. Not a commitment of any sorts. These “consultants” could be some hand-picked firm that come in and a month later say “nah, can’t be done.”

    -Nice little speech from Rick Tittle, and LOL at the lady calling him “TIT-ol”

    -Looking at some funding through a redevelopment agency, which are usually revenued through various tax increases (airport and hotel fee’s, rental cars, parking, etc.) that don’t have to be voter approved. The only way to do it these days.

  • Just Fire Baby

    And there was some people from Oakland at the meeting, telling them not to do it.

    The nurse went up there and representated though.

  • Macho Man Randy Savage

    I would love to see Manning in the Silver & Black, yet I dont think we have the cap room, the coaches, the players, or the TV audience to lure Manning in here…but we can dream, can’t we?

  • Seymour Bush

    anybody that says palmer is in the same class a s manning needs help in the worst way.
    ======================================

    Go look for yourself. Palmer was better than Peyton his lst 5 years in the league. As I said, Irsay went out and got Polian and they very wisely built a team around Peyton. Mike Brown laughed his ass off, and did nothing other than cashing league checks. That is the difference.

  • Just Fire Baby

    And I think there is about zero chance the Warriors stay long. That seemed to be the hint at the meeting, especially when the sports media guys spoke candidly.

    Basically the Warriors management team are “Pennisula Guys” as was stated, and have zero interest being anywhere but San Francisco in 4-5 years.

  • Just Fire Baby

    If we re-signed Bruce Gradkowski, he would have been servicable and not crapped the bed like Boller did, we wouldn’t have paniced for Carson, we certainly would have been around 8-8 for the year, and we could have had a 1st round pick AND a chance to bring in Peyton Manning.

    Thanks Hue, you continue to bless us!!!

  • Macho Man Randy Savage

    “Palmer was better than Peyton his lst 5 years in the league.”…
    ++++++
    I have not looked at the stats or W&Ls, but I’m pretty sure 99% of the NFL fan base would disagree with you on that one.

  • Macho Man Randy Savage

    Messi, 5 goals today in the Champions League game… this kid is “loco”!

  • Mistic1 Tha Supavillain

    Seymour Bush Says:
    March 7th, 2012 at 4:32 pm

    anybody that says palmer is in the same class a s manning needs help in the worst way.
    ======================================

    Go look for yourself. Palmer was better than Peyton his lst 5 years in the league. As I said, Irsay went out and got Polian and they very wisely built a team around Peyton. Mike Brown laughed his ass off, and did nothing other than cashing league checks. That is the difference.
    =======================

    no matter what you try to sell as evidence to support your claim about palmer being better in the 1st 5 years, the truth is that peyton has gome on to build a hall of fame resume.

    Palmer has not even sniffed that kind of rare air. besides their 1st 5 years is ancient history, as of today palmer couldnt carry peytons jock with a tug boat

  • Just Fire Baby Says:
    March 7th, 2012 at 4:30 pm
    Just went back to #48 on the last thread and watched most of the city council meeting. A few points:

    -First off, MAJOR, MAJOR Props are in order for our man B, representating at the meeting. You have executives, and consultants going up there and giving prepared speeches, and our boy goes up and knocks it out the park, in what looks like a Raider jersey, and strengthens the Semi-Pro foundation like never before.
    —————————————
    How do you know who it was?

  • Seymour Bush

    Just Fire Baby Says:
    March 7th, 2012 at 4:35 pm

    If we re-signed Bruce Gradkowski, he would have been servicable and not crapped the bed like Boller did, we wouldn’t have paniced for Carson, we certainly would have been around 8-8 for the year, and we could have had a 1st round pick AND a chance to bring in Peyton Manning.

    Thanks Hue, you continue to bless us!!!
    ========================================

    But then what do you do? Manning doesn’t have four years left in him, I wouldn’t believe and maybe much much less. Palmer should be available to us for at least six or seven. Remember, we have had him for one year, and we haven’t had to wait two or three years for him to develop. That is the equivalent of having a guy potentially for 7,8,9 years, who is very very good. I will take that.

  • Seymour Bush

    Macho Man Randy Savage Says:
    March 7th, 2012 at 4:35 pm

    “Palmer was better than Peyton his lst 5 years in the league.”…
    ++++++
    I have not looked at the stats or W&Ls, but I’m pretty sure 99% of the NFL fan base would disagree with you on that one.
    ========================================

    I honestly don’t care what the NFL fan base says. I am more concerned what NFL people say. Which 90% of the time is diametrically opposed to what 90% of fans think.

  • JLofty

    Jealous Michael?

  • Just Fire Baby

    How do you know who it was?

    *************************

    You have to be paying attention around here, instead of cutting and pasting comments about topics nobody is discussing.

    I’ll let B decide whether he wants to let people know exactly what time he talks, but to us Semi’s, it was immediately obvious.

  • Seymour Bush

    Palmer has not even sniffed that kind of rare air.
    =======================================

    Of course he has. He is a two time pro bowl quarter back. He has led the NFL in TD’s. He has led the NFL in completion percentage. THAT is rare air. Besides Q’s do not single handedly win games or win championships. “organizations win championships”-Al Davis.

  • We’ll see, then. Lol.

  • Chris in NY

    Obviously Palmer has not had a career on par with Peyton Manning. That’s not a knock on Palmer. I’m not sure if any QB has been as consistently great as Manning for such a long span.

    And I am a huge Manning fan and have always had a huge amount of respect for his game, but at this point I’d take Palmer over Manning.

    Palmer is several years younger and appears to be in relatively good health. He make several magnificent passes last season and I think he has greatness in him.

    Manning’s abilities may be severely affected by this neck injury. The guy hasn’t played football in well over a year and is still recovering from year-old neck surgery and is relatively old for a professional athlete. It’s possible Manning never plays again.

  • da trinity

    Mistic tha palmer hating supavillian

  • Mistic1 Tha Supavillain

    any politicians that can be a part of the coliseum city project and help breath life into this city will be able to write their own ticket in state politics. They will be viewed as powerful forward thinking politicians serving the best interest of the people, even if that isnt true.

    This will happen alameda county needs it, oakland needs it, and so do the politicians. after the occupy fiasco, the oscar grant assassination, and the staggering crime rates this is their chance to really look good.

    This will happen……….BOOK IT

  • Mistic1 Tha Supavillain

    da trinity Says:
    March 7th, 2012 at 4:46 pm

    Mistic tha palmer hating supavillian
    ===============

    ADMITTING MANNING IS HEAD AND SHOULDERS BETTER THAN PALMER IS PALMER HATE? WOW

  • Just Fire Baby

    Politicians often times don’t want to be part of these things, unfortunately, because by the time the stadium is built and the surrounding businesses are gaining their footing, it is at least one election cycle later if not two, and the next guy gets most of the accolades.

  • Seymour Bush

    ADMITTING MANNING IS HEAD AND SHOULDERS BETTER THAN PALMER IS PALMER HATE? WOW
    ======================================================

    How many other Hall of Fame players has Peyton Manning played with in Indy? How many future Hall of Famers has Carson Palmer played with in Cincy? That’s the point.

  • da trinity

    @ 28
    I agree manning is better then palmer, but palmer is head and shoulders above Campbell.

  • CanuckRaider

    #30: He played with lots of criminals and kooks…Lol.

  • Just Fire Baby

    If I were the Colts I would have waived Peyton and I would also trade the #1 overall for a kings ransom.

    I think Luck and RGIII are going to be more Matt Stafford than Peyton Manning.

  • CanuckRaider

    #31: Goes without saying.

  • Mistic1 Tha Supavillain

    Seymour Bush Says:
    March 7th, 2012 at 4:44 pm

    Palmer has not even sniffed that kind of rare air.
    =======================================

    Of course he has. He is a two time pro bowl quarter back. He has led the NFL in TD’s. He has led the NFL in completion percentage. THAT is rare air. Besides Q’s do not single handedly win games or win championships. “organizations win championships”-Al Davis.
    ==================

    LMAO!!!!!!!

    stop it bra, seriously im cramping from laughing so hard. Those are nice little tidbits of info but meaningless in this discussion. palmer may qualify for the all cheetos team of couch surfers, but he doesnt have any where near the career of peyton manning.

    The only way palmer see the hall of fame is when he becomes and janitor and is cleaning it to make ends meet.

    Crazy town in here today

  • Just Fire Baby Says:
    March 7th, 2012 at 4:48 pm

    Politicians often times don’t want to be part of these things, unfortunately, because by the time the stadium is built and the surrounding businesses are gaining their footing, it is at least one election cycle later if not two, and the next guy gets most of the accolades.
    ———————————————-
    Wrong. If they’re running for higher office, it’s a plus.

  • Macho Man Randy Savage

    So here we go…. 1st five years:
    wins, losses, tds, ints, avg QB rating

    Manning:42,38,138,100,85.9
    Palmer: 32,33,107,67,85.6

    I think 99% of the people (fans & NFL people) would disagree with you: Palmer was not better than Manning his first 5 years, pretty close though.

  • Just Fire Baby

    If they’re running for higher office, it’s a plus.

    *************************

    Any examples of Sports complexes boosting California politicians from the local level to the state level?

    Not saying there isn’t any, just can’t think of the LA Sports Complex, the STaples center project, the SF Giants stadium and any others that helped a politician.

    Unless you are talking about Willie Brown’s job at Air America and Fox News as a move up, lol.

  • JLofty

    Palmer will restructure. Hopefully Wimbley does too.
    They keep saying DHB but I thought he was front loaded and is now costing peanuts?

  • Macho Man Randy Savage

    Fourth Quarter Comebacks for career:

    P.Manning 35 (#2 All-time)
    Palmer 11

  • CanuckRaider

    #39: You’re right Lofty…DHB has already cashed the big cheques.

  • Just Fire Baby

    We won’t miss Wimbley.

    His team and defenses always stink, he always sand-bags his way into a decent sack-stat season while not really being that good, than griping over money in the offseason.

    Kick Rocks Kam!!!

  • JLofty

    So why does he keep gettin mentioned as restructure candidates? Curious…

  • JLofty

    @42: hard to argue that…

  • RaiderDebo

    http://profootballtalk.nbcsports.com/2012/03/07/buzz-builds-that-broncos-will-make-a-run-at-manning/
    @@@@@@@@@@@@@@@@@@@@@@@@@@@@@

    Please don’t let this happen. I’m of the belief that that the importance of the QB is overstated and that QBs are the product of their supporting casts and systems. But Manning is the exception. Best ever at the position IMO. If it happens, just about everyone will have Denver winning the AFC West and us bringing up the rear in 2012. And they’ll probably be right.

  • RaiderRetribution

    raidergabsite seemed somewhat bogus, and the restructured numbers within the article simply postponed our cap problem to next offseason based on those numbers, not buying it.

  • Just Fire Baby

    Manning is Elway’s “Get out of Jail free card” from the Tebow drama.

    Manning is about the only NFL QB the Bronco’s could get that would get some of the fanbase (and it won’t be all, some of those crazy bastards would rather Tebow over Peyton) to relax on not keeping Tebow.

  • Hardline

    12.Seymour Bush Says:
    March 7th, 2012 at 4:32 pm

    “Go look for yourself. Palmer was better than Peyton his lst 5 years in the league.”
    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

    Seymour,

    I just looked for myself. I don’t have time to post actual stats at this moment; I will later. I calculated from 2005 to 2010, since Manning didn’t play last year and also CP was out of his element last year too.

    CP doesn’t come close to Manning except in INT’s in which Manning had 63 and Palmer had 71. After that it is Manning by a substantial margin.

    I am not knocking Palmer nor praising Manning, just intrepreting the stats.

  • Raiderjambo

    Manning signs with broncs, then sure as spit “It’s Bounty Time Raider Style!”

  • Hardline

    BTW, Manning threw for 166 TDs in that time period, while Palmer threw for 101.