Re: Current Redskins Salary Cap Status - 2008
 

Schneed, did you remember to take the 300,000 ish away for the rule of 51 regarding Suisham? If the 8 million figure (factoring in Lloyd) is correct, Suisham's net hit on the 2008 cap should not exceed 215K. I'm not keeping a running total on the exact number to the decimal point, but 8 million minus 215K is 7.785 million, as opposed to 7.45 million.

Re: Current Redskins Salary Cap Status - 2008
 

[QUOTE=Schneed10;429275]Seriously, Snyder gave Portis his 2009 base salary money [B]a year early [/B]as part of this extension in order to allow that amount to allocate over 2008, 2009, and beyond, clearing some of that hit off the books now.[/QUOTE]

I'm not positive they gave it all to him a year early, some of it might be a guaranteed payment in 2009.

I updated my sheets under the assumption that they gave it all to him now. I'll double check when PC releases his numbers.

Re: Current Redskins Salary Cap Status - 2008
 

[quote=GTripp0012;429310]Schneed, did you remember to take the 300,000 ish away for the rule of 51 regarding Suisham? If the 8 million figure (factoring in Lloyd) is correct, Suisham's net hit on the 2008 cap should not exceed 215K. I'm not keeping a running total on the exact number to the decimal point, but 8 million minus 215K is 7.785 million, as opposed to 7.45 million.[/quote]

Yeah I netted that out already. CC has a good handle on the variances between him and PC, and given that JLC quotes PC all the time, I suspect that's the difference between JLC's $8.0 and our $7.45.

Re: Current Redskins Salary Cap Status - 2008
 

[quote=CrazyCanuck;429364]I'm not positive they gave it all to him a year early, some of it might be a guaranteed payment in 2009.

I updated my sheets under the assumption that they gave it all to him now. I'll double check when PC releases his numbers.[/quote]

Ah, that would make a lot of sense.

Re: Current Redskins Salary Cap Status - 2008
 

From: [url=http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html]Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com[/url]

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.

Re: Current Redskins Salary Cap Status - 2008
 

[QUOTE=CrazyCanuck;430342]From: [url=http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html]Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com[/url]

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.[/QUOTE]


Thank ya sir! Appreciate it!

Wanna go figure out the Seahawks running back cap hit for the other thread!?!?

Re: Current Redskins Salary Cap Status - 2008
 

[quote=CrazyCanuck;430342]From: [URL="http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html"]Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com[/URL]

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.[/quote]

Thanks CC, the top post in this thread has been updated to reflect this.

Re: Current Redskins Salary Cap Status - 2008
 

I hear over at ES that Phillip Daneils has renegotiated. Is there any facts to this?

Re: Current Redskins Salary Cap Status - 2008
 

[quote=Warrior1971;430399]I hear over at ES that Phillip Dameils has renegotiated. Is there any facts to this?[/quote]

It appears to be accurate, though I can't tell yet if it was a paycut or a restructure. I'd guess restructure. The Skins probaby realize that if they tried to hardball Daniels into a paycut, he'd probably say OK cut me and catch on real quick with Gregg Williams in Jacksonville. Plus, Daniels is still very highly regarded by Blache and the Redskins front office, so regardless of what the fans may think of him, I can't see it being a paycut. I'd guess a restructure of some kind. CC will probably have an update on the numbers for us pretty soon.

Re: Current Redskins Salary Cap Status - 2008
 

[QUOTE=Warrior1971;430399]I hear over at ES that Phillip Dameils has renegotiated. Is there any facts to this?[/QUOTE]

It looks like they restructured his $1.1M roster bonus as well as $900K of salary, but I'll have to wait for more info to confirm.

Assuming they restructured as above, they saved $1.33M on the 2008 cap.

After these changes I have us at $6.071M under the 2008 cap.

Re: Current Redskins Salary Cap Status - 2008
 

I just did an update.

PC updated his bonus info. The biggest change involved Landry, which saved us about a $1M on the 2008 cap.

After all the restructures etc., I have us at $7.826M under the 2008 cap.

Schneed I'll send you a PM with all the details so you can update the thread.

Re: Current Redskins Salary Cap Status - 2008
 

Thanks a lot, CC I made the update.

$7.8 in room, BEFORE getting the savings from Brandon Lloyd... that's quite a bit of cap space for a team who just plans to hit the draft and pass on everything else.

Given that there are no FAs left deserving of big bucks, it's becoming VERY clear to me that we should be expecting a trade in the coming weeks.

Re: Current Redskins Salary Cap Status - 2008
 

hey, we now have enough cash to give ocho a 30$mill bonus... woohoo! or not...

Re: Current Redskins Salary Cap Status - 2008
 

To all of the numbers crunchers that contribute to this thread and this web site....Big ups and thanks goes out to you!

Re: Current Redskins Salary Cap Status - 2008
 

After Boschetti signing we are at $7.75M under the 2008 cap.

Re: Current Redskins Salary Cap Status - 2008
 

A quick update was made to tie these numbers up to CrazyCanuck's most updated figures which reflect the Boschetti signing.

Also, a note was recently made in the Washington Post indicating that the Redskins have just guaranteed the next two season's worth of Clinton Portis's base salaries. Cap impact on this transaction is still pending.

It's now obvious, as many of us conjectured, that the Redskins had cleared the cap space necessary for the acquisition of a star receiver like Chad Johnson. When that deal did not come to fruition, the Redskins instead used their full allotment of draft picks. The Redskins' rookie pool allotment will likely be in the range of $4.5 million, leaving the team with approximately $4-5 million in excess cap space. The team is nearly certain to make use of this space in some manner. While some other player acquisitions could be forthcoming, I'd look for the Redskins to extend some key cogs of their team before training camp arrives, allowing the team to secure their players for the long term while allocating some of that bonus money to this year's cap, helping to assuage the future impact of that contract.

Re: Current Redskins Salary Cap Status - 2008
 

THis may be an unpleasant topic but I think the next time they renegotiate the CBA the salary cap is altered so if a player dies his family is still payed his salary but the contract is wiped from the cap. That's something so non-football related it should never really be thought about but there's been what, four player including Sean Taylor who died in the past year?

Re: Current Redskins Salary Cap Status - 2008
 

[quote=MrJL;445395]THis may be an unpleasant topic but I think the next time they renegotiate the CBA the salary cap is altered so if a player dies his family is still payed his salary but the contract is wiped from the cap. That's something so non-football related it should never really be thought about but there's been what, four player including Sean Taylor who died in the past year?[/quote]

pretty much. i think sean was the only one with a real money contract though, and even in his case, if snyder sued for the money, it'd be about 2mill or so, which isn't much from a cap perspective. though i don't think i'll be calling it dead cap this year :/.

Re: Current Redskins Salary Cap Status - 2008
 

[quote=Schneed10;445162]A quick update was made to tie these numbers up to CrazyCanuck's most updated figures which reflect the Boschetti signing.

Also, a note was recently made in the Washington Post indicating that the Redskins have just guaranteed the next two season's worth of Clinton Portis's base salaries. Cap impact on this transaction is still pending.

It's now obvious, as many of us conjectured, that the Redskins had cleared the cap space necessary for the acquisition of a star receiver like Chad Johnson. When that deal did not come to fruition, the Redskins instead used their full allotment of draft picks. The Redskins' rookie pool allotment will likely be in the range of $4.5 million, leaving the team with approximately $4-5 million in excess cap space. The team is nearly certain to make use of this space in some manner. While some other player acquisitions could be forthcoming, [B]I'd look for the Redskins to extend some key cogs of their team before training camp arrives[/B], allowing the team to secure their players for the long term while allocating some of that bonus money to this year's cap, helping to assuage the future impact of that contract.[/quote]

Schneed - have you heard or anyone else on the board that the main reason the Skins have done all this restructuring is to mainly free up room to resign Jason Campbell to a long term deal? If Jason Campbell does really well next year he is going to command a big salary as the NFL always pays good qb's top dollar - and I don't think it would be the best thing in the world to let the contract run through and expire in 2009 and deal with the problem at that time because I think a lot of teams will be willing to throw a lot of money at a good qb and even give up 2 first rounders to do it. If you were the Skins would you go ahead and sign him long term now or do you wait to see how he pans out but run the risk of having to give even more money if he does really well?

Re: Current Redskins Salary Cap Status - 2008
 

[quote=Bill B;446031]Schneed - have you heard or anyone else on the board that the main reason the Skins have done all this restructuring is to mainly free up room to resign Jason Campbell to a long term deal? If Jason Campbell does really well next year he is going to command a big salary as the NFL always pays good qb's top dollar - and I don't think it would be the best thing in the world to let the contract run through and expire in 2009 and deal with the problem at that time because I think a lot of teams will be willing to throw a lot of money at a good qb and even give up 2 first rounders to do it. If you were the Skins would you go ahead and sign him long term now or do you wait to see how he pans out but run the risk of having to give even more money if he does really well?[/quote]

While I haven't explicitly heard a rumor or read anything on the subject, it seems clear that given the Redskins' history of making nearly maximum use of the cap space available to them, that they'd consider extending somebody.

I think it's very clear at this point that the cap space was intentionally cleared to make room for a Chad Johnson to accomodate a big new contract. The Skins tried hard to get him, offering the 1st and conditional 3rd, and then according to Peter King attempting to contact the Bengals yet again on the Friday before the draft, but it didn't pan out.

So I don't think they purposely cleared the room in order to extend Campbell, or anyone else. But now that they cleared the space and didn't acquire the big name WR they wanted, it seems they're likely to make the best of it and make maximum use of their space. Jason Campbell would be the most logical guy to lock up for the long haul. You could make an argument for Anthony Montgomery as well. We'd certainly have the space to lock up Campbell now. That's what I'd do if I were the GM.

Re: Current Redskins Salary Cap Status - 2008
 

[quote=Schneed10;446035]We'd certainly have the space to lock up Campbell now. That's what I'd do if I were the GM.[/quote]
I'm probably going to get crushed for saying this....but I'd wait until maybe 4-5 games into the season to make sure he's progressing in Zorn's offense and moving well on the knee. I think very highly of Campbell and we've seen flashes, but I'd wait just a bit before we make a 50M+ investment. If we were forced to roll the dice now before his agent skyrockets the price tag, I would sign him now. But if we can "kick the tires" a little more IMO that would be best.

Re: Current Redskins Salary Cap Status - 2008
 

[QUOTE=Schneed10;445162]A quick update was made to tie these numbers up to CrazyCanuck's most updated figures which reflect the Boschetti signing.

Also, a note was recently made in the Washington Post indicating that the Redskins have just guaranteed the next two season's worth of Clinton Portis's base salaries. Cap impact on this transaction is still pending.

It's now obvious, as many of us conjectured, that the Redskins had cleared the cap space necessary for the acquisition of a star receiver like Chad Johnson. When that deal did not come to fruition, the Redskins instead used their full allotment of draft picks. The Redskins' rookie pool allotment will likely be in the range of $4.5 million, leaving the team with approximately $4-5 million in excess cap space. The team is nearly certain to make use of this space in some manner. While some other player acquisitions could be forthcoming, I'd look for the Redskins to extend some key cogs of their team before training camp arrives, allowing the team to secure their players for the long term while allocating some of that bonus money to this year's cap, helping to assuage the future impact of that contract.[/QUOTE]
They'll probably also do some restructures to create dummy incentives that will apply on this year's cap and then not be achieved giving us extra cap space next year by rule.

Re: Current Redskins Salary Cap Status - 2008
 

i think most of the space will be used to make portis's contract less insane as far as future cap hits.

Re: Current Redskins Salary Cap Status - 2008
 

I agree with Sammy I am not totally convinced of Campbell. He has huge potential and now has some potnetially dangerous additions but he needs time to trhow the ball and if we have injuries on the OL we could be in trouble.

Re: Current Redskins Salary Cap Status - 2008
 

Sorry new to this and wasn't finished. All I was trying to say is I still think we need to see more consitency from Campbell before we pay the big bucks.

Re: Current Redskins Salary Cap Status - 2008
 

The rookie pool for the Skins is $4.544 million this season.

Once Lloyd clears the books, they'll have $9.8 million in space. Minus the $4.5 for the rookies, that leaves $5.3 million in space.

Look for extensions or renegotiations throughout training camp that incorporate incentives to kick more cap room into the 2009 season.

Re: Current Redskins Salary Cap Status - 2008
 

Does anyone know how much he three rookies from the second round are set to make this year? And how much money did the team save by picking these guys in the second round vs drafting one of them at 21st overall? Thanks all!

Re: Current Redskins Salary Cap Status - 2008
 

They look at what last yrs guys made at the same number and add something like 10%.

Re: Current Redskins Salary Cap Status - 2008
 

[quote=LandrySlice;447292]Does anyone know how much he three rookies from the second round are set to make this year? And how much money did the team save by picking these guys in the second round vs drafting one of them at 21st overall? Thanks all![/quote]

#21 is under 2mill a year, second rounders are less (1mill or less), but you can sign picks 1-15 in the first round to 6 year deals, #16-32 in the first round to 5 year deals, and everyone else to 4 year deals max (though most 4+ rounders are given 3 year deals by the skins). the year limit on rookie contracts is new as of last year or the year before i believe.

Re: Current Redskins Salary Cap Status - 2008
 

Some of the other sites are talking about Portis's restructure and that it freed up a lot of CAP space for us. Is this something new Portis did recently or are they talking about old stuff again? Something about him getting 9 mill guarenteed and 15 mill through 2010. but they never said how much cap space it freed up? If it's something new then what is our cap now?

Re: Current Redskins Salary Cap Status - 2008
 

That's old news with Portis

Re: Current Redskins Salary Cap Status - 2008
 

Never mind. It was the Wash. Post with how Portis is a team player and how he matured. They were talking about his restructure earlier in the year. Sorry. Thanks for taking the time.....have a nice day....:)

Re: Current Redskins Salary Cap Status - 2008
 

it's an honest question, no need to apologize.