The Archuleta cap hit question.

[bedlamVR]

I have a question for the cap gurus ... Just what has Archuleta cost us cap wise?

If we trade a player then is the salary taken off the cap as if he had been cut ?

Because if it does then assuming we can/do use a June 1st exemption on Archuleta and split the hit over two years then we would take the pro rated hit from this year of his orrigional signing bonus over the 6 years of the contract $0.833 this year (a saving of $1.59million on the hit from this year and then take the rest of the hit in 2008
($3.32million - about the same as his cap would have been next season if he was on the team)

*Edit not sure about a roster bonus he was due in 2006 $3million weather we took it as a single hit or spread it as a signing bonus.


I am making a ton of assumtions in this like the initial signing bonus was pro-rated over 6 years (the maximum) i think and that the orrigional bonus was $5 million . The $10 million signing bonus that is widly reported comes from the 2 $5 million signing bonuses spaced a year apart.

Also given we never took up the option of the second bonus and he was traded before the deadline wich would have triggured the poison pill (X number of the following years salaries would become garunteed) then it is as if it never exisited.

If this is true, and I really think I have messed up somewhere (possibly the 2007 roster bonus), then not only did the Redskins get a pick for a benchwarmer back away from a locker room problem and clear some cap space in the bargin, not just now but in the future as well.