Re: Current Redskins Salary Cap Status - 2009
 

^ Leadership by example. LOL.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=CrazyCanuck;526759]Just did a cap sheet update. Should be available on the site in the next couple days.

With all the new signings and the Carter /Randle-El extensions I have us at $624K over the cap.

- For the new guys, all the salaries are up to date. I don't have any bonus info for them yet but any bonuses for these guys would be negligible.

- Carter's salaries were updated. They weren't high to begin with so it doesn't really affect his future cap numbers. From what I can tell he converted his $2.5M 2009 roster bonus to signing bonus (5 year proration). This saves $2M against the 2009 cap. That plus a $500K reduction in 2009 salary reduces his 2009 cap number by $2.5M similar to the article posted in the other thread.

- Randle El's salaries were updated. They were a lot higher than Carter's to begin with so he took big salary decreases in 2009 and beyond. Based on the article it seems he converted $2.5M of his 2009 salary to signing bonus, for a net 2009 cap savings of $2M. I also suspect he converted his future salaries to roster bonuses in 2010 and beyond, similar to what Carter has. I don't have the bonus info yet so Randle El's future cap hits are likely higher than currently listed on my sheets.[/quote]

Thanks a million for the update... looks like smart moves on the part of the FO if we can get under the cap and thus not show our hand on cutting anyone yet.

Re: Current Redskins Salary Cap Status - 2009
 

The FO looks busy today. Great news about the restructuring. We are lucky that next year is uncapped.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Hamoskinz;526936]The FO looks busy today. Great news about the restructuring. We are lucky that next year [B][U]is[/U][/B] uncapped.[/quote]

Likely to be uncapped. Important qualifier.

Re: Current Redskins Salary Cap Status - 2009
 

The latest cap sheets are up.

Thanks CC

[url]http://www.thewarpath.net/WarpathRedskinsCap.htm[/url]

Re: Current Redskins Salary Cap Status - 2009
 

Zorn spoke to reporters, [URL="http://www.washingtonpost.com/wp-dyn/content/article/2009/02/19/AR2009021903025.html"]documented in this article[/URL], and said:

- The Redskins plan to be "active" in free agency but will make efforts not to overpay.
- The Redskins plan to retain Jason Taylor.
- The Redskins intend to re-sign Pete Kendall and DeAngelo Hall, but not necessarily before they hit the open market on Feb. 27th.

From a salary cap perspective this is rather interesting. In order to create the cap room to resign Pete Kendall and DeAngelo Hall AND be active in free agency, the Redskins WILL have to shed more players. If Jason Taylor is not to be among the cuts, I think it makes Marcus Washington's departure a certainty, and increases the chances Springs will be released as well.

Then again, Zorn is not in charge of player personnel and could be speaking out of turn. Or flat out throwing up a smokescreen. It will be interesting to see what Vinny does.

Re: Current Redskins Salary Cap Status - 2009
 

I was a bit surprised at Zorn's comments about being aggressive. But does he mean they will be aggressive with going after big names? Or just aggressive in going after the guys they know will be a good fit and not necessarily a big name? I'm leaning/hoping towards the latter.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Mattyk72;528264]I was a bit surprised at Zorn's comments about being aggressive. But does he mean they will be aggressive with going after big names? Or just aggressive in going after the guys they know will be a good fit and not necessarily a big name? I'm leaning/hoping towards the latter.[/quote]

Yeah that's very possible, they could be aggressive when it comes to signing depth rather than starters.

Now, I will say this. The Redskins can probably find ways to clear more cap space than I noted was possible in the first post in this thread. They could begin giving contract extensions to lots of guys, like they did with Carter and Randle-El. That creates more cap space now. But it's a gamble because if the CBA does get extended they'll put themselves in a significant salary cap bind down the road. If the CBA doesn't get extended and the league goes uncapped, then it's not a problem.

The uncertain status of the CBA is making it tough to forecast the team's moves.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528260]Zorn spoke to reporters, [URL="http://www.washingtonpost.com/wp-dyn/content/article/2009/02/19/AR2009021903025.html"]documented in this article[/URL], and said:

- The Redskins plan to be "active" in free agency but will make efforts not to overpay.
- The Redskins plan to retain Jason Taylor.
- The Redskins intend to re-sign Pete Kendall and DeAngelo Hall, but not necessarily before they hit the open market on Feb. 27th.

From a salary cap perspective this is rather interesting. In order to create the cap room to resign Pete Kendall and DeAngelo Hall AND be active in free agency, the Redskins WILL have to shed more players. If Jason Taylor is not to be among the cuts, I think it makes Marcus Washington's departure a certainty, and increases the chances Springs will be released as well.

Then again, Zorn is not in charge of player personnel and could be speaking out of turn. Or flat out throwing up a smokescreen. It will be interesting to see what Vinny does.[/quote]

yeah, I thought so too. Maybe the word "active" is all relative here. To Zorn "active" might mean looking at all possible scenarios, making some contact w/agents, but not signing much. Around dc, "active" has come to mean signing several players to relatively big multi-year deals.

I agree w/your possible scenarios in terms of Zorn speaking out of turn. At worst, this could be one huge disconnect between he & vinny. At best, Zorn is strategically speaking to the media. He's never done that before & doesn't seem too adept at handling the pr/slant role of being a head coach, so I doubt that's what he's trying to do. Plus, it would make sense to do that if you want to drive up the price on free agents. If they really want to sign Hall, they certainly don't want to give the rest of the nfl the impression they'll set the market.

Re: Current Redskins Salary Cap Status - 2009
 

The biggest names I'd like to sign right now are Vernon Carey and Hunter Smith. I think these guys would fulfill 2 of our biggest needs.

Re: Current Redskins Salary Cap Status - 2009
 

Or Vinny could go against Zorn's comments, get rid of Jason Taylor, and then we'd have plenty of cap space to be aggressive without mortgaging the future in a capped world.

But one thing's certain, we can't have our cake and eat it too. We have to choose between:

- Being quiet in free agency.

- Being active in free agency, keeping our vets like Springs and Taylor, and gambling with our future by extending contracts.

- Being active in free agency and shedding vets like Washington, Springs and Taylor.

Re: Current Redskins Salary Cap Status - 2009
 

There are a couple more contract restructures on the way

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SmootSmack;528271]There are a couple more contract restructures on the way[/quote]

Any insight as to whether they involve adding years (extensions) or not?

Re: Current Redskins Salary Cap Status - 2009
 

Given what the market is like right now and our lack of picks/cap space, I think Zorn meant being active in free agency to add depth, or going after guys like Carey who can start right away and contribute, but who are not that expensive (i.e. Jordan Gross type money).

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528284]Any insight as to whether they involve adding years (extensions) or not?[/quote]

Not sure

Re: Current Redskins Salary Cap Status - 2009
 

The top post in this thread has been updated to reflect the release of Marcus Washington. I have us at $3.6 million in cap space at the moment, pending an official calculation from CC.

We gained $4.5 million in space by cutting Washington, but doing so bumped him out of the top 51 and someone else into it (I'm making a preliminary assumption of $300K moving into the top 51).

I'm continuing to forecast that the Redskins create further cap space by either extending Springs and Taylor, or flat out cutting one or both of them. The additional cap space gained from this would only really allow them to re-sign/tender their own free agents and sign their own draft picks. I'm still not seeing how an "active" free agency (per Zorn) is possible, unless you count re-signing Demetric Evans, DeAngelo Hall, Pete Kendall, tendering Golston Monty and Doughty, and signing a kicker as an active free agency.

It should be noted though that Phillip Daniels' contract is due to void before free agency starts. The team could elect to allow that to happen, let him sit on the market, and eventually bring him back at vet minimum. Doing this would free up about $1.0 - 1.5 million in cap space.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528415]The top post in this thread has been updated to reflect the release of Marcus Washington. I have us at $3.6 million in cap space at the moment, pending an official calculation from CC.

We gained $4.5 million in space by cutting Washington, but doing so bumped him out of the top 51 and someone else into it (I'm making a preliminary assumption of $300K moving into the top 51).[/quote]

You must be a joy to go shopping with :). We can buy this couch, but doing so would assume X amount being moved to the kitchen renovation, but if we wait until June 1...

[quote]I'm continuing to forecast that the Redskins create further cap space by either extending Springs and Taylor, or flat out cutting one or both of them. The additional cap space gained from this would only really allow them to re-sign/tender their own free agents and sign their own draft picks. I'm still not seeing how an "active" free agency (per Zorn) is possible, unless you count re-signing Demetric Evans, DeAngelo Hall, Pete Kendall, tendering Golston Monty and Doughty, and signing a kicker as an active free agency.[/quote]

One thing that hasn't been mentioned much is that some teams (don't know which) have apparently expressed some interest in Montgomery and Golston, the Redskins could work out essentially a sign and trade with those guys as they are RFAs. So it's kind of like when the Redskins traded Bryan Johnson (who was an UDFA) to Chicago for a 6th rounder. Monty and/or Golston would likely command a higher pick.

[quote]It should be noted though that Phillip Daniels' contract is due to void before free agency starts. The team could elect to allow that to happen, let him sit on the market, and eventually bring him back at vet minimum. Doing this would free up about $1.0 - 1.5 million in cap space.[/quote].

That's probably going to happen. JLC mentioned restructuring Samuels and Griffin as options. That's possible. I've heard some contracts will be restructured just hadn't heard which.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528415]The top post in this thread has been updated to reflect the release of Marcus Washington. I have us at $3.6 million in cap space at the moment, pending an official calculation from CC.

We gained $4.5 million in space by cutting Washington, but doing so bumped him out of the top 51 and someone else into it (I'm making a preliminary assumption of $300K moving into the top 51).

I'm continuing to forecast that the Redskins create further cap space by either extending Springs and Taylor, or flat out cutting one or both of them. The additional cap space gained from this would only really allow them to re-sign/tender their own free agents and sign their own draft picks. I'm still not seeing how an "active" free agency (per Zorn) is possible, unless you count re-signing Demetric Evans, DeAngelo Hall, Pete Kendall, tendering Golston Monty and Doughty, and signing a kicker as an active free agency.

It should be noted though that Phillip Daniels' contract is due to void before free agency starts. The team could elect to allow that to happen, let him sit on the market, and eventually bring him back at vet minimum. Doing this would free up about $1.0 - 1.5 million in cap space.[/quote]

One another note Schneed, they're not going to tender Doughty so he's pretty much gone.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SmootSmack;528439]One another note Schneed, they're not going to tender Doughty so he's pretty much gone.[/quote]

Curious about this move... does it possibly mean the FO and Springs are talking seriously about him moving to safety (and staying in DC obviously)?

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SmootSmack;528439]One another note Schneed, they're not going to tender Doughty so he's pretty much gone.[/quote]

So how does this work out for picks? Since we drafted Doughty and he is let go then what do we get if anything?

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528415]The top post in this thread has been updated to reflect the release of Marcus Washington. I have us at $3.6 million in cap space at the moment, pending an official calculation from CC.[/quote]

With Albright and Marcus I have us at $3.356M of cap room.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=CrazyCanuck;528502]With Albright and Marcus I have us at $3.356M of cap room.[/quote]

Oh right right, I forgot about the Red Snapper. Thanks CC.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Trample the Elderly;528498]So how does this work out for picks? Since we drafted Doughty and he is let go then what do we get if anything?[/quote]

Since we didn't tender him an offer, he essentially became an unrestricted free agent

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SmootSmack;528518]Since we didn't tender him an offer, he essentially became an unrestricted free agent[/quote]

Great! So that means we get nothing but another roster spot to fill.

Re: Current Redskins Salary Cap Status - 2009
 

If the Redskins decide to trade their first round pick for extra picks how would that affect the salary cap/rookie pool? I'm curious to know if their current cap situation plays into any decision on whether they trade down?

Re: Current Redskins Salary Cap Status - 2009
 

Can't trade Moss. If you wanted to trade Moss before last season was the time to do it. Moss has no help at WR except for Cooley. We need a TJ Houshmanzadeh. Or Boldin. #89 needs some help.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SkinsExaminer;528534]If the Redskins decide to trade their first round pick for extra picks how would that affect the salary cap/rookie pool? I'm curious to know if their current cap situation plays into any decision on whether they trade down?[/quote]

It would decrease the Redskins rookie pool allotment, but not by a significant margin. A first round pick carries heavy weight in the rookie pool allotment calculation, but replacing one pick with two (say a 2nd and a 3rd or something) makes the net change insignificant. I don't think the cap would be a motivating factor in a trade down from 13. If they make such a trade, the motivating factor would be to simply acquire more players and build depth.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SmootSmack;528518]Since we didn't tender him an offer, he essentially became an unrestricted free agent[/quote]

Do you (or anybody) know when the cutoff date is for tendering RFAs?

Re: Current Redskins Salary Cap Status - 2009
 

[quote=Schneed10;528537]Do you (or anybody) know when the cutoff date is for tendering RFAs?[/quote]

February 26

Re: Current Redskins Salary Cap Status - 2009
 

Now that we're doing the things that a lot of people have been screaming for we'll have to see what we get. I doubt that Washington will be the last cap casualty. So with that being said, who's going to step up to fill Washington's spot, Blades? He's been doing it already right? How about Campbell, Fincher, or Sinclair? I think Horton can take Doughty's spot. He did so and shined. Can Evans take Taylor's spot? Well, hasn't he already?

Although I hate to see Washington and JG's draft class go, they're just too old now. They gave us their best, earned respect from players, coaches, and fans alike, and they got paid hansomely. What Washington takes with him is more important than his ability. His demeanor, attitude, and presence cannot be bought or drafted. I'd resign him later on just for his leadership.

I think that this is a good trend. We're starting to build up our own people. We're getting depth. The money situation has improved. We aren't trading away all of our draft picks. (This year was set up by two moves, Kendall and a desperation move for Taylor). We did draft last year. Instead of getting another's teams players we're getting our own. In the coming years we'll have money to get that one player out there. This year we can get a few good players. IMO we're better off with guys who are hungry for the big contract instead of guys who already have one. It'll be great if we can start to make roster decisions based on good football and not good money sense.
Perhaps we're starting to see that now?

My two biggest concerns are, can Hall or Rogers step up to the plate if Springs is let go? Also, what about our D-line? We've got older guys and guys that are unrestricted and restricted free agents. There's a big ? mark above that and I'm anxious to see what's going to happen there.

Re: Current Redskins Salary Cap Status - 2009
 

Not sure if this was posted elsewhere but it has some good stuff concerning our past and future moves:

[url=http://sports.yahoo.com/nfl/news?slug=teamreports-2009-nfl-was&prov=sportsxchange&type=team_report]Redskins Team Report - NFL - Yahoo! Sports[/url]

And this classic quote from the Red Snapper:
"I’m glad the Redskins liked what they saw on film enough to bring me back."

LOL

Re: Current Redskins Salary Cap Status - 2009
 

Thanks CC. Is the Redsnapper that good? I don't know, let's go checkout the film....:)

Re: Current Redskins Salary Cap Status - 2009
 

Here is [URL="http://www.examiner.com/x-450-Washington-Redskins-Examiner~y2009m2d22-Analysis-of-2009-free-agent-defensive-tackles"]my analyisis[/URL] of some of the free agent defensive tackles.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SkinsExaminer;528829]Here is [URL="http://www.examiner.com/x-450-Washington-Redskins-Examiner~y2009m2d22-Analysis-of-2009-free-agent-defensive-tackles"]my analyisis[/URL] of some of the free agent defensive tackles.[/quote]

Welcome to the board SkinsExaminer! Good analysis. Appreciate your imput.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=SkinsExaminer;528829]Here is [URL="http://www.examiner.com/x-450-Washington-Redskins-Examiner~y2009m2d22-Analysis-of-2009-free-agent-defensive-tackles"]my analyisis[/URL] of some of the free agent defensive tackles.[/quote]

Nice! Do you have one for offensive tackles as well?

Re: Current Redskins Salary Cap Status - 2009
 

I am working on one for offensive tackles, but it may take me until later in the week.

Thanks for the feedback.

Re: Current Redskins Salary Cap Status - 2009
 

Here's where we are on cap status. Using JLC's preliminary info on the Samuels contract, I have us at $6.1 million of cap room (pending a better number from CC).

We will gain another $2.0 million when the Daniels contract voids. We will gain another $2.0 million or so when the Griffin restructure goes through. This will bring us to roughly $10.0 million in space entering free agency.

So the question is: What can you do with $10.0 million. Apparently more than I originally thought. When I first analyzed it, I thought the 30% Rule would be more limiting when it comes to restructuring options. Based on the cap space the Redskins were able to clear on the Carter, Randle El and Samuels contracts, it has become clear to me that they have devised a contract structure to fit big contracts into small cap spaces, despite the 30% Rule. I wish I could say I knew how they are doing this, I'll have to get to work on it.

All this is to say that resigning DeAngelo Hall probably won't take up $4.5 million in space, as I had thought. I also think my estimated target for the rookie pool is high, with only 4 picks in the draft, it should be closer to $2.5 million (rather than my previously projected $3.5). And since it appears they won't tender Doughty as I had expected, I'm starting to think a Haynesworth deal could actually fit under the cap, even with DeAngelo Hall being resigned.

Haynesworth and Hall would make the cap situation pretty darn tight, but after this further review I can no longer rule it out as possible.

I recognize this represents a revision from my previous line of reasoning and goes against previous posts where I've poo pooed the Haynesworth possibility, but I'd rather stop and evaluate it to get it right.

So my new conclusion, the cap situation is tight for a major signing like Haynesworth, but it's not an impossibility. I think if you hear that the Redskins do even more to clear cap space, besides restructuring Griffin, it's a good indicator that a major signing is afoot. Stay tuned.

Re: Current Redskins Salary Cap Status - 2009
 

So I predict the cap would be 119 mil, and today we find out that its [URL="http://www.profootballtalk.com/2009/02/25/salary-cap-climbs-even-higher/"]127 mil[/URL].

Ouch. I mean for me. This is wonderful for the Redskins.

Re: Current Redskins Salary Cap Status - 2009
 

[quote=GTripp0012;529999]So I predict the cap would be 119 mil, and today we find out that its [URL="http://www.profootballtalk.com/2009/02/25/salary-cap-climbs-even-higher/"]127 mil[/URL].

Ouch. I mean for me. This is wonderful for the Redskins.[/quote]

Wow, thank you GTripp, great info.

This gives the Redskins $10.1 million in cap space currently, moving soon to $14.1 million with the Daniels void and Griffin restructure.

I'll go on record: that is officially adequate to sign Haynesworth and Hall. I'll say both will be Redskins.

Re: Current Redskins Salary Cap Status - 2009
 

I think we're looking at 14 million in cap room. How much of this will be allocated to our RFAs and/or re-signings (non-Hall)?

And I'm guessing Snyder found out about this cap increase, and then immediately went after Albert Haynesworth.