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Old 03-20-2010, 04:38 AM   #9
GTripp0012
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Join Date: Mar 2006
Location: Evanston, IL
Age: 38
Posts: 15,994
Re: Redskins Sign Larry Johnson

Quote:
Originally Posted by jsarno View Post
In particular, drop Portis. I applauded the effort of dropping Randel El, but not dropping Portis is a head scratcher unless we decided to get a rookie and let Portis mentor him. We really need youth. We had a lot of issues revolving around older players, and while we have gotten rid of a lot, we also lost a lot of talent (ie: Thomas / Samuels retirement). I just don't agree with signing a 30 year old to a 3 year contract at a position that hands down needs to be young.
I agree that you don't need a mentor to teach a rookie the playbook at RB, but a season from now, Portis' cap hit if released will be $5 million under the current rules (which, of course, are certainly subject to change). Granted that's $5 million we would otherwise have if we released him this year, but if we cut him this year, we lose somewhere between $7-9 million just to have him not play.

If we cut Portis in 2011, and there's a cap, we'll take a $5 million dollar deadcap hit.

If we cut Haynesworth in 2011, and there's a cap, we'll take a $19.8 million deadcap hit. ($3 million unrecognized of 2009 bonus + $16.8 million of unrecognized 2010 bonus). If we cut him today, we would owe him $25 million "cap dollars" (which come at no cost, this year) to get the heck out, but we'd recover $63.4 million of the "100 million dollar deal." If we kept Haynesworth though 2012 (it's effectively a four year deal), we would save $52.3 million of the 100 million. So Haynesworth's deal is essentially 4/48, as many before me have written. Or it can be 1/36. The marginal difference for the next three years of Albert Haynesworth is just $12 million dollars of bonuses and salary.

If we cut Hall in 2011, and there's a cap, we'll take a $13.4 million deadcap hit. But we'd save $28.5 million of the $53.5 million. So essentially, his deal would become 2/25. There's no real marginal gain on the Hall contract, so he's progressively more likely to get released every year, as opposed to Haynesworth, who is almost certainly going to be held through 2012, and then released.

If there's still no cap in 2011, I'd suggest that Hall is more likely than not to get released.

Compared to some of our more highly paid players, Portis is real easy to get rid of in 2011 even if there is a cap. We actually would SAVE $5 million over having him on the roster. It's Haynesworth and Hall who become huge strains on the cap if it gets reinstated in 2011.

I agree with you that if we decide we're not going to use him, we should release him prior to opening day.
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