Categorized | 2014 Salary Cap, Article

Steelers Left With Just Under $32,000 In Available Salary Cap Space After McCain Signing


Pittsburgh Steelers General Manager Kevin Colbert has managed to use every bit of available salary cap space this offseason. Following the Tuesday signing of free agent cornerback Brice McCain, the team should now have just under $32,000 in available cap room, according to the NFLPA.

McCain signed a one-year qualifying contract on Tuesday and while he was given a base salary of $730,000 and a $65,000 signing bonus. His 2014 cap charge will be $635,000 as a result.

To update you on the contract signed this past Friday by running back LeGarrette Blount, he will have a 2014 cap charge of $1.375 million. Blount received a signing bonus of $950,00 and a first-year base salary of $900,000.

To be exact, the Steelers should only have $31,934.00 in available cap space left and some of that money will go towards the signing bonuses given to the undrafted players that will be added in May.

The Steelers will receive another $8 million in cap space come June 2nd when the release of linebacker LaMarr Woodley becomes official and they will need a little bit of that to sign their draft picks.

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About Dave Bryan

I am, I'm me. 40 something, retired and a life long Steelers fan.
  • NW86

    “and some of that money will go towards the signing bonuses given to the undrafted players that will be added in May”
    Since the 51st man on the roster is at $495,000 and the undrafted kids will earn less than that, they won’t touch the cap number at all will they? In fact, I don’t think anyone drafted from about round 5 on back will touch the cap. Remember last year, they also had very little cap space in May as they were waiting for Willie Colon’s contract to come off the books. But people were surprised when they started signing all the lower draft picks in May.

  • SteelersDepot

    Signing bonuses outside of top 51 count and thus my statement is true. You ae not talking about a lot of money as those meager signing bonuses will be prorated as well.

  • cp72

    Here’s my question. Say we go into the draft and we have a chance to flip a pick for a current NFL player. He would obviously put us over the cap.

    Not saying it’s likely but what if there is a team trying to deal a player we like? Players get dealt every year at the draft. Would like it to be an option for us.

  • joed32

    I’m getting old but the only player that I can remember picking up that way was Jerome. Were there any others?

  • NW86

    Interesting, I never heard that one before. Thanks for the response.

  • SteelersDepot

    McFadden

  • Ken

    I would have played for $34,000 but not $32,000 dang..

  • http://www.nyob.com/ Dr. Doom

    I was holding out for 32,100.00 I stormed out!

  • joed32

    Yep, forgot about him.

  • grw1960

    Dave,…I Read something on another site. Don’t know if it is correct.
    Poster said that the NFL accounting services Would count Woodley’s 2014 Steelers salary on the books and in the rule 51 figuring until the actual cut date on June 2nd.
    Where as the NFLPA has already removed June 2nd cuts from their rule 51 figuring.
    In essence that would give the Steelers about $ 400,000 on the league books than the NFLPA books.
    What is your take on that possibility?

  • Eric MacLaurin

    Interesting.

    Makes sense in terms of giving the club some incentive to make the move early.

  • Nolrog

    This really isn’t a problem. They have not done restructures this year; well, Troy and Heath got an extension, Ike took a pay cut, but in terms of typical restructures, they could do Timmons or extend Ben. And when they get Worilds’ name on a long term deal, that will most likely reduce the cap hit this year as well. Steelers really are not in that bad of a position cap wise.

  • Nolrog

    It is an option. They still have plenty of flexibility to clear cap space if they needed it.

  • SteelersDepot

    Spent the last few hours combing through the NFLPA numbers and there could indeed be a problem with the way they are handling the Woodley release.

  • blackandgoldBullion

    Except for 1 thing…. I would like them to start signing guys like Heyward and Allen to long term deals and not wait until later when they may get much more expensive.

  • shawn

    GREAT points … those are 2 GUYS that need to be extended ASAP …

  • Nolrog

    There’s no reason they can’t do that now. They could easily give those guys 4 or 5 year deals at good money and not have a huge increase in their cap hit this year.

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