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Re: Redskins 2011 Salary Cap Status
Stephen Bowen update: estimated cap number = $4 million
There is roughly $17 million remaining under the salary cap for 2011. We have matched the cash requirement for the 2011 Collective Bargaining Agreement with the NFLPA.
It's $37 million in deadcap for the following cuts:
Kemoeatu
Portis
Moss (voided deal prior to resigning)
Carter
Haynesworth
McNabb
Dockery
Rabach
Moss is actually counting $8.5 million on our cap, which is $5.5 million for the remenants of his old deal, and $3 million for his current deal.
But all that means is our salary cap is $87 million instead of $123.7 million. And the only big contract we have on the books is Fletcher at $7 million. So that's why we have so much deadcap and can still be signing.
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according to a source with knowledge of the situation.
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