Current Redskins Salary Cap Status - 2009

[53Fan]

Originally Posted by Pocket$ $traight

It could use two improvements:

1) Burgandy and Gold jersey
2) #9 on the ground

Hell Yeah!

[CrazyCanuck]

Originally Posted by JLC

In the meantime, I figured I'd post the contract for the one offensive lineman they have signed, Derrick Dockery. Most interesting thing with this one is that there is no signing bonus. Zero. Zilch. No upfront money, which allowed them to keep the cap number low in 2009. However, it does include $8.2 million in guaranteed salaries between 2009-2011, so Dockery knows he will be getting that much for sure. Here's the breakdown of the contract:

Base Salary Cap Number
2009 - $3.2 million $3.2
2010 - $2.91 $4.16
2011 - $3.815 $5.065
2012 - $4.775 $6.025
2013 - $5.735 $6.985
Contract voids in 2014

Bonuses:
Dockery has a $1 million option bonus each year beginning in 2010
There are $250,000 workout bonuses in 2010, 2011 and 2012

Guarantees:
Dockery's 2009 salary is guaranteed, and $5 million of his 2010-2011 is guaranteed

Been analyzing this and it doesn't seem to make sense.

- NLFPA has Dock signed thru 2014. The contract can probably be voided before the 2014 season but it still counts for signing bonus allocation purposes.

- Why is Dock's cap hit $6.985 in 2013? His salary is $5,735. The $1M option bonus JLC mentions (really a roster bonus) brings his cap hit to $6,735. But he says there is no $250K workout bonus in 2013 so where is the $250K difference?

My guess is that Dock will receive a $5M signing bonus in 2010. This plus his $3.2M guaranteed 2009 salary accounts for the $8.2M guaranteed portion of the contract. The $5M signing bonus will be allocated $1M per year from 2010-2014. In addition he probably receives a $250K workout bonus each year of the deal starting in 2010. Using this model Dock's cap hits would match JLC's "base salary cap numbers".

[CrazyCanuck]

Ok I have made the following updates as per the latest articles posted above:

- Haynesworth $7.0M cap hit in 2009
- Dockery $3.2M cap hit in 2009
- Golston $1.545M 2nd round tender (up from $1.01M)
- Dirk Johnson $460K cap hit in 2009 (vet min)
- I still have Hall at $5.2M cap hit in 2009

With the above changes I have us at $12.27M of cap room.

[Schneed10]

Originally Posted by CrazyCanuck

Ok I have made the following updates as per the latest articles posted above:

- Haynesworth $7.0M cap hit in 2009
- Dockery $3.2M cap hit in 2009
- Golston $1.545M 2nd round tender (up from $1.01M)
- Dirk Johnson $460K cap hit in 2009 (vet min)
- I still have Hall at $5.2M cap hit in 2009

With the above changes I have us at $12.27M of cap room.

Top post in this thread updated for these refinements.

Gee, Haynesworth at 7.0 this year. Who'd a thunk it? Oh wait, the Warpath did!

Canuck you're the man. If the NFL ever expands to Canada let me know because we can buy a team, eat ham with maple syrup, and work the cap.

[CrazyCanuck]

New update:

- Rogers' 2009 salary went up by $782.5K, probably due to a salary escalator.

Updated cap room: $11.487M

[Schneed10]

Originally Posted by CrazyCanuck

New update:

- Rogers' 2009 salary went up by $782.5K, probably due to a salary escalator.

Updated cap room: $11.487M

First post updated for this. Thanks.

[CrazyCanuck]

Originally Posted by Schneed10

Canuck you're the man. If the NFL ever expands to Canada let me know because we can buy a team, eat ham with maple syrup, and work the cap.

The NFL might come to Canada but they ain't coming to Montreal.

Just give me my baseball team back.