The less sexy aspect, but as important, part of today’s trade with Portland is the amount of cap flexibility it has provided TFC. The trading of Ryan Johnson and Milos Kocic sheds another $180,000 off the cap.
Below the jump a list of the 19 players currently under contract for 2013 and their estimated cap hit.
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Torsten Frings -- $367,000
Danny Koevermans -- $367,000
Eric Hassli -- $367,000
Darren O'Dea -- $346,500
Richard Eckersley -- $220,500
Stefan Frei -- $183,750
Justin Braun -- $107,225
Terry Dunfield -- $90,300
Reggie Lambe -- $63,000
Joao Plata -- $52,500.00
Quincy Amarikwa -- $46,300.00
Joe Bendik -- $46,200
Luis Silva -- $46,200
Logan Emory -- $46,100
Doneil Henry -- $0
Ashtone Morgan -- $0
Quillan Roberts -- $0
Matt Stinson -- $0
Total estimated cap hit –
$2,303,375
2013 salary cap –
$2,950,000
Remaining cap room –
$646,625
It’s important to stress that this is an estimate based on reported salaries from 2012 and the league mandated increase. However, we know that the 2013 DP cap hit is $367,000 and that the maximum cap hit remains $400,000.
The top 20 salaries count against the cap, so TFC should have no problem adding enough depth. In fact, with around $600,000 to play with, as well as a significant amount of allocation, there is no reason why the Reds couldn’t add another near max signing.