Redskins: New Contract breakdowns/cap info

[That Guy]

Originally Posted by Pocono

CC...Campbell doesn't qualify for the vet subsidy because he has a multi-year contract. Also I believe they don't have 5 option bonuses but one option bonus in 07 that triggers the final year of the contract and is prorated over the next 5 years. I don't know what kinds of options 5 option bonuses would trigger.

BTW...Future guaranteed money must be placed in escrow when a contract is signed to discourage teams from guaranteeing future salary. As for cash over cap because the Skins have about 15M in dead money and perhaps 30M in prorations for players still on the roster that reflect money paid in previous years Snyder would have to write over 48M of signing bonuses to go over the limit of cap+2%. That would only be the case this year if future guaranteed money is charged when it's placed in escrow instead of when it's actually paid to the player.

dead money is generally bonus money that's actually been paid in previous years, but is only hitting the cap this year, so it probably wouldn't be part of this year's total (real money) payroll.

[Pocono]

Originally Posted by That Guy

dead money is generally bonus money that's actually been paid in previous years, but is only hitting the cap this year, so it probably wouldn't be part of this year's total (real money) payroll.

That's what I'm saying. The dead money and prorations from previous signing bonuses are charged against the cap this year but were paid in the past so they aren't part of total payroll. So of the 102M cap amount 45M was paid in the past and accounted for now so to exceed 102M+ 2% the Skins would have to pay at least 45M+ 2% in bonuses.

As for the dead money it was 3.6M but you have to add Arrington's dead money and the dead money from the 5 other players they released to get under the cap.

[That Guy]

Originally Posted by Pocono

That's what I'm saying. The dead money and prorations from previous signing bonuses are charged against the cap this year but were paid in the past so they aren't part of total payroll. So of the 102M cap amount 45M was paid in the past and accounted for now so to exceed 102M+ 2% the Skins would have to pay at least 45M+ 2% in bonuses.

As for the dead money it was 3.6M but you have to add Arrington's dead money and the dead money from the 5 other players they released to get under the cap.

only arrington's 8+mill is significant. everyone else is probably close to 3mill.

but we have about 42mill in singing bonuses for new players already, and all those bonuses and restructures done this year count above and beyond that (as well as the new base salaries for new players). with the dead money and the extra players beyond those counting towards the cap (4-6mill). plus signings yet to be made andd rookies. last i looked we were headed towards a 120-125mill actual payroll.