Current Redskins Salary Cap Status - 2008

[skinsfan69]

Originally Posted by Schneed10

In this thread, CrazyCanuck and I will periodically update the Salary Cap status of the Washington Redskins. As players restructure, resign, are signed as free agents, drafted, cut, and traded, we will do our best to keep the community updated on the cap implications of each transaction. This thread is also designed to house analysis and insight regarding the Redskins' likely course of action in free agency and the draft. The salary cap can often provide an indication of the team's intended approach to free agency - aggressive vs passive, etcetera.

We'll start off with a summary of the Redskins current cap situation and where they're likely headed before free agency opens in March.

In short, the numbers in the table below illustrate that the Redskins are currently $1.4 million under the cap. This assumes that Brunell and Cartwright's contracts have voided. And then once the team makes some more standard moves listed below, the team should have an estimated $10.4 million in cap room heading into free agency.

Numbers presented below are in millions:

You cap geeks do a GREAT JOB explaining this to dumb asses like me. Great post! My question is about Springs. He has a huge number this year. I remember it being 7 or 8 mil. I just don't think he is worth the $ he's getting paid. Do you think he's going to stay? Are they going to ask him to take a pay cut again? I remember they did last year and he called their bluff.

[GTripp0012]

Originally Posted by skinsfan69

You cap geeks do a GREAT JOB explaining this to dumb asses like me. Great post! My question is about Springs. He has a huge number this year. I remember it being 7 or 8 mil. I just don't think he is worth the $ he's getting paid. Do you think he's going to stay? Are they going to ask him to take a pay cut again? I remember they did last year and he called their bluff.

I do think Springs will stay, provided he survives the next 4 days. We need at least a month of his services in 2008.

Due to the restructuring of his contract in the past, we can only recover about 2.5 million of that 7 if we cut him. Though cutting him now makes a better situation for 2009, (when we would recover all of his current cap number), speaking purely about 2008, we don't save enough cap room by cutting him to sign a CB who can play at his level right away.

[Schneed10]

Originally Posted by skinsfan69

You cap geeks do a GREAT JOB explaining this to dumb asses like me. Great post! My question is about Springs. He has a huge number this year. I remember it being 7 or 8 mil. I just don't think he is worth the $ he's getting paid. Do you think he's going to stay? Are they going to ask him to take a pay cut again? I remember they did last year and he called their bluff.

We could cut or extend him, that would reduce his cap number. But in my opinion, the wisest move is to simply carry him with that high cap number this year. We need him with Rogers recovering, and he's still a good starting CB in this league (we had a top 10 defense with him as a starter all year).

We don't need his cap space. We can create $10.4 million in space by restructuring others. We should carry him at the high number this year rather than kicking more of his cap money into the future. Because if we carry him without restructuring this year, it makes it much easier to let him go next season when we can cut him and save $6.0 million from our 2009 cap number.

The Skins also might consider extending him a few years, but they should only do that if they really feel like he'll be a strong starter for at least two more seasons.

Like I said, I'd carry him this year, and then probably cut him next year when Smoot and Rogers can be the starters.

[skinsfan69]

Originally Posted by Schneed10

We could cut or extend him, that would reduce his cap number. But in my opinion, the wisest move is to simply carry him with that high cap number this year. We need him with Rogers recovering, and he's still a good starting CB in this league (we had a top 10 defense with him as a starter all year).

We don't need his cap space. We can create $10.4 million in space by restructuring others. We should carry him at the high number this year rather than kicking more of his cap money into the future. Because if we carry him without restructuring this year, it makes it much easier to let him go next season when we can cut him and save $6.0 million from our 2009 cap number.

The Skins also might consider extending him a few years, but they should only do that if they really feel like he'll be a strong starter for at least two more seasons.

Like I said, I'd carry him this year, and then probably cut him next year when Smoot and Rogers can be the starters.

I agree. We should just eat the salary this year cause we need him.. But damn that's a lot of coin. But I just don't think it's smart to restructure him at his age and with his history of injuries. I'd probably think 08 will be his last year with us.

[GoSkins!]

Geat work keeping up with this stuff guys. One of the big reasons I love the warpath and contribute yearly. I'll ask Matty to increase your pay (a percentage increase of course....).