Current Redskins Salary Cap Status - 2008

[CrazyCanuck]

Originally Posted by Schneed10

I have gone ahead and updated the top post to reflect Todd Collins and Santana Moss. We're $2.5 under, with another $2.4 clearing for Lloyd by June 1.

I just did an update.

- PC has Collins on his site: 6 years, $14.7M Base Salary, $3M Signing Bonus, $100K LTBE in 2008-2010, Total Contract $18M. 2008 cap hit $1.5M. The info hasn't hit NFLPA yet but PC is usually good with this type of stuff.

- The official 2008 NFL salary cap is set at $116.729M, up from the previous estimate of $116M.

- Jason Campbell's 2008 salary has gone up by $600K. It appears he triggered a salary escalator clause in his contract.

- Santana Moss' restructure saved us $2.1M against the 2008 cap as Schneed has already pointed out.

- I lowered our cap credits by $15K to account for Tyler Ecker's SB allocation not being counted in the top 51.

I have us at exactly $2.5M under the 2008 cap, just as Schneed the Cap Clairvoyant predicted.

PS - Working the Warpath cap night shift is tiring. I hope Matty lets me switch shifts with Schneed one day.