Redskins 2014 Salary Cap Status

[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.