Ocho Cinco In B&G

[jdlea]

Originally Posted by sandtrapjack

He is under contract with Cincinatti until 2011. They may be able to save the cap hit from this season, but what is the hit they would incur next season? Or the following season?

They take none. All of his bonus money hits them when he comes off the books, but his base salary comes here with him. He would no longer count against their cap after this season.

[sandtrapjack]

Originally Posted by jdlea

They take none. All of his bonus money hits them when he comes off the books, but his base salary comes here with him. He would no longer count against their cap after this season.

Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.

One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.

[SmootSmack]

Originally Posted by sandtrapjack

Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.


One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.

You make it sound as though the Redskins have $128 million in dead money this year, which of course is not true.

[sandtrapjack]

Originally Posted by SmootSmack

You make it sound as though the Redskins have $128 million in dead money this year, which of course is not true.

I got that number from ESPN:

Originally Posted by ESPN

The Redskins have managed to remain more competitive despite leading the NFL in "dead" money since 1994 with nearly $128 million, an average of more than $9 million per year, according to an NFL executive with access to league salary information.


Dead money piles up when teams release players before enough time has passed to spread the impact of large signing bonuses across multiple salary caps.


If the Redskins release Brunell, for example, they'll be able to subtract his base salary from the cap, but they'll still have to account for more than $3 million in "dead" bonus money that has yet to count.


The Redskins' dead-money totals have accelerated dramatically since Snyder purchased the team.


Their annual totals were $780,000 in 1994, $1.1 million in 1995, $1.4 million in 1996, $4.2 million in 1997 and $1.3 million in 1998. Subsequent totals have jumped to $7.6 million (1999), $5.7 million (2000), $14.8 million (2001), $13.2 million (2002), $14.4 million (2003), $11.2 million (2004), $20.1 million (2005), $21 million (2006) and $10.7 million last season.

ESPN - How Washington approaches free agency is anyone's guess - NFL

Was just asking that if it was so easy to alleviate dead money, why hasn't it been done?

[jdlea]

Originally Posted by sandtrapjack

Do you have a link or something that would better explain this? It makes no sense.

If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.

Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.

One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.

The bonus money all accelerates into this season, however, that's only signing bonus money. All of the other bonuses (roster or whatever) go away. They don't count because he won't be on their roster, so what I head was, they would have $6 million accelerated into this year. Then, they would either have a relief of 3.2 or 2.8 (can't remember) for this season, so he would only count 2.8 or 3.2 this year. If he's gonna be a headache, $3 million is nothing against the cap to get rid of him.

After that, he would no longer count against the cap. He'd be off the books after this year.

[sandtrapjack]

Originally Posted by jdlea

The bonus money all accelerates into this season, however, that's only signing bonus money. All of the other bonuses (roster or whatever) go away. They don't count because he won't be on their roster, so what I head was, they would have $6 million accelerated into this year. Then, they would either have a relief of 3.2 or 2.8 (can't remember) for this season, so he would only count 2.8 or 3.2 this year. If he's gonna be a headache, $3 million is nothing against the cap to get rid of him.

After that, he would no longer count against the cap. He'd be off the books after this year.

I see what you are saying, but it does not sound right.

The remaining signing bonus money he is owed is in the range of 8 mill, and if traded it is lump sum and counts against the cap.

[jdlea]

Originally Posted by Cincinnati Enquirer

The Bengals would take a loss of $8.03 million on the salary cap - money the club would not be able to spend on other players - if it traded or released Johnson before June 1, said Mark Levin, director of the Salary Cap and Agent Administration Department for the NFLPA.

Or I could be total wrong. (Actually Gil Brandt was wrong, but whatever...)

[sandtrapjack]

Originally Posted by jdlea

Or I could be total wrong. (Actually Gil Brandt was wrong, but whatever...)

Chad Johnson is not the way to got for the Redskins IMO.

They should target Malcom Kelly in the draft. A stud WR that tips the scales at 6'-4" and 219 pounds.

That is just the BIG TARGET that JC would need and he would be around for a long time and you don't have to trade picks or players for him. This would be a long term solution.