Mark Dominik clarifies Bucs' spending, salary floor
Bucs general manager Mark Dominik chatted after tonight's practice and addressed, among other things, the team's conservative free-agency approach that has a good bit of the fan base talking.
Dominik reiterated his intentions to spend wisely in free agency this year and made an important distinction about the spending required of the team under the NFL’s new collective bargaining agreement.
Pointing out that the per-team salary floor of 89 percent of the cap is not in place this year, Dominik said the Bucs will stick to their principles.
“The important thing,” Dominik said, “is to try to keep the continuity together. It’s what we all fell in love with back in the 90s, with that group of guys. We’d like to do that again. When you see the (expensive) contracts that are going around the National Football League right now, you know you’ve got to budget accordingly today to make sure you can take care of your team tomorrow. That’s what we’re doing.”
As it turns out, the per-team spending requirement does not kick in until 2013.
In the meantime, though many continue to lament the lack of splashy spending by the team in an environment where the money is flying, CBA guidelines won’t be a reason for the Bucs to jump in the deep end. There is a leaguewide spending threshold of 99 percent of the $120.375 million per-team salary cap. However, because it’s a “soft cap”, some teams will exceed it. That likely will be enough to bring the league into compliance, even if some teams don't quite reach the 99 percent mark.
“I don’t see it being an issue,” Dominik said.
That's not to say the Bucs won't make a move or two or more. Dominik said the team is currently engaged in conversations and predicted the pace of transactions will continue to be brisk over the next few days.
"We’re still in the process of talking to other unrestricted free agents to see what’s available," he said. "And tonight was the first night that you could officially waive players. So there’s a lot of names on that and we’re going to continue to look at that list and see if there’s something that makes sense for our football team.
"There’s still hundreds and hundreds of free agents looking for an opportunity."