Pelissero Projects Over $10 Million In Cap Space
A week and a half ago we mentioned that Kevin Seifert of ESPN pegged the Vikings having $115.3 million in salaries due in 2012, leaving them with roughly $5 million in cap space.
Tom Pelissero has decided to pursue true numbers on his own and thinks the Vikings will begin the new league year with roughly double that amount of space.
Pelissero claims the Vikings have $112.4 million in salaries dedicated so far. The salary cap number is calculated, however, using the top 51 salaries on any given roster which Pelissero puts at just over $110 million.
Using a projected salary cap of $120.4 million, and an offset of unused cap space from last season, Pelissero concludes the Vikings will have slightly more than $10 million in cap space when the new league year begins on March 13th.
Pelissero goes on to project a total cap savings of $13 million if the team decides to part ways with veterans guards Steve Hutchinson and Anthony Herrera, in addition to veteran cornerback Cedric Griffin. Even Hutchinson seems to realize his cap number is likely to cause the team to ask him to restructure or be cut.
“I know what the cap situation is and all that, but it’s out of my control,” said Hutchinson in a recent interview. “Any player has to worry about that in the NFL.”