Available Cap Room

[Sheriff Gonna Getcha]

Prior to this week, the Redskins had consumed about $115 million of cap space. Then, the Redskins cut Arrington and saved almost $4.4 million in cap space, bringing our cap figure to about $110.5 million. Various media outlets are reporting that the cap is expected to be set at roughly $102 million. Thus, we need to trim about $8.5 million to get under the cap.

The Washington Post is reporting, as we all guessed, that Walt Harris, Brandon Noble, Matt Bowen, and Cory Raymer are definate cap casualties. Those cuts trim our cap by close to $6.7 million. Patrick Ramsey is going to be traded or released, bringing an addition $1.7 million in cap space. Between those cuts/trades, we will be just about at the cap limit. We might expect to cut a few more guys (e.g. Hall, Tupa, Thrash). I would guess that we'll save a few million ($2-4) more there.

The Washington Post is also reporting that, with the new CBA, the Redskins also now have the option of converting about $13.5 million of total roster bonuses due to eight players into signing bonuses for cap purposes, which would create another $10 million in 2006 savings. A few other routine contract restructurings with high-salaried players like quarterback Mark Brunell and tackle Jon Jansen would create more space (possibly $2-4 million).

So, right now, I would guess that we will have somewhere between $10-$18 million in cap room. That's a lot of dough.


Canuck, That Guy, and other aspiring capologists, let me know what you guys think about this.