Redskins 2012 Salary Cap Status

[CrazyCanuck]

Originally Posted by SBXVII

I guess my source was wrong. I was told that after the new CBA apparently Allen and Co. found that the bonuses don't count against the CAP. In other words we sign a guy to a 5 yr 10 mill with a signing bonus of 7 mill..... the 7 mill would not count against our CAP and basically only the 5yr 10mill would which is 2 mill for this year. I was told that is how we were able to sign the players we got after the league took our 18mill leaving us with 18mill to play with.

This doesn't make much sense, haven't heard anything to this effect.

I do believe the $18M charge has changed the way we handle our bonuses. I think Allen would prefer to take the bulk of the bonus hits sooner than later, but the cap penalty has handcuffed us. Therefore he has constructed more deals like Morgan and Meriweather - adding 'fake' years to the contracts to push more bonus money to the future and less to 2012.