Redskins 2014 Salary Cap Status

[SFREDSKIN]

Originally Posted by SirLK26

Redskins’ contracts this offseason total $127.9 million | Rich Tandler's Real Redskins

According to Tandler, the Redskins will go into the 2015 offseason with about 25 million in cap space. This is assuming that the Redskins will exercise the contract option on Kerrigan, among other things. Considering this is a contract year for Kerrigan, Hankerson, Helu, Polumbus, Compton, Forbath, and several other less-important players, 25 million is great. Certainly, Allen and Gruden will be able to resign any player they want to.

RGIII's contract will take a big chunk out of that

[SirLK26]

Originally Posted by SFREDSKIN

RGIII's contract will take a big chunk out of that

You think they'll extend him next offseason?

[SFREDSKIN]

Originally Posted by SirLK26

You think they'll extend him next offseason?

he signed a 4 year contract

Quarterback Robert Griffin III signs four-year, $21 million contract with Redskins - The Washington Post

[Schneed10]

Originally Posted by SFREDSKIN

he signed a 4 year contract

Quarterback Robert Griffin III signs four-year, $21 million contract with Redskins - The Washington Post

Boo. Knowledge fail.

It has a team option for a 5th year. I would expect them to negotiate with him after year 4. If the negotiations don't go well they'd exercise the 5th year option to keep him around one more year and buy time for more negotiations.

[SFREDSKIN]

Originally Posted by Schneed10

Boo. Knowledge fail.

It has a team option for a 5th year. I would expect them to negotiate with him after year 4. If the negotiations don't go well they'd exercise the 5th year option to keep him around one more year and buy time for more negotiations.

What is this mean then?

Under the NFL’s rookie pay system, the Redskins would have to exercise their option for a fifth year of the deal following Griffin’s third season. Because he was a top 10 draft pick, Griffin’s fifth-season salary would equal the average salary of the 10 highest-paid NFL quarterbacks

[Schneed10]

Originally Posted by SFREDSKIN

What is this mean then?

Under the NFL’s rookie pay system, the Redskins would have to exercise their option for a fifth year of the deal following Griffin’s third season. Because he was a top 10 draft pick, Griffin’s fifth-season salary would equal the average salary of the 10 highest-paid NFL quarterbacks

It means after this year they have to decide whether to exercise the option, at which time they'd have him for two more seasons. They'll probably exercise the option and then take the time to negotiate a longer extension.

[Lotus]

Good call. I forgot about the year 5 option. I retract my previous comment.

[Lotus]

Originally Posted by SirLK26

You think they'll extend him next offseason?

If RGIII has a dynamite year, then I would extend him next year for sure. It'd likely be the cheaper option.

[SirLK26]

Originally Posted by Lotus

If RGIII has a dynamite year, then I would extend him next year for sure. It'd likely be the cheaper option.

Well, if I'm correct, they would have to exercise the 5th year option next offseason. Then, in 2015, they would have another year under the rookie contract. In 2016, RG3's 5th year option salary would be the average of the top 10 in QB contracts. I think that's what I would do with RG3. That way, if he plays poorly in 2015, you're not stuck with a huge undeserved contract; and if he plays well, then his 2016 salary will be about right. But if he starts all 16 games this year, and, like you said, has a great season, then you think about extending him longterm. I just don't want to be too hasty in signing him longterm and being screwed by a huge QB contract that he'll never play up to.

But obviously, Gruden and Allen will be far better at deciding what to do with RG3 than me. If Gruden thinks RG3 is the real deal and can be a reliable franchise QB, I would think a longterm deal will be done next year.