Jansen and Wynn have restructured

[SmootSmack]

If I understood it right, after the two restructured the team is now $2 million under the cap but that doesn't mean they were right on the cap before hand

So it's possible that Jansen gave up more than Wynn, but I don't know for sure

[huntz]

Every little bit is going to help and it shows me these guys want to do their part to help this team become a winner again.

[joecrisp]

According to the NFLPA, here's how Wynn's base salary figures were adjusted:

Original contract:
2005: 3,500,000
2006: 4,000,000
2007: 4,000,000

Restructured contract:
2005: 665,000
2006: 1,000,000
2007: 2,000,000

That's a pretty significant restructuring. I'm not sure how the bonuses are distributed, but Canuck can probably figure that out for us.

I wasn't able to find any new information on Jansen's restructuring. I'm sure his 2005 savings were significant, but you have to keep in mind that his original salary figure for 2005 was 1.5 million less than Wynn's to begin with. I'm hoping that they structured Jansen's deal to save more money in 2006, where Jansen's hit is set to be $5.238 Million. It looks like Wynn's deal is going to be 2006-friendly, which is supposed to be the nasty cap year for the Skins.

[FRPLG]

Originally Posted by joecrisp

According to the NFLPA, here's how Wynn's base salary figures were adjusted:

Original contract:
2005: 3,500,000
2006: 4,000,000
2007: 4,000,000

Restructured contract:
2005: 665,000
2006: 1,000,000
2007: 2,000,000

That's a pretty significant restructuring. I'm not sure how the bonuses are distributed, but Canuck can probably figure that out for us.

I wasn't able to find any new information on Jansen's restructuring. I'm sure his 2005 savings were significant, but you have to keep in mind that his original salary figure for 2005 was 1.5 million less than Wynn's to begin with. I'm hoping that they structured Jansen's deal to save more money in 2006, where Jansen's hit is set to be $5.238 Million. It looks like Wynn's deal is going to be 2006-friendly, which is supposed to be the nasty cap year for the Skins.

Well he certainly wouldn't have left money on the table so you can assume that at the very least he got a SB of $7,835,000 to account for the salary lost. His previous bonus number was $583,000. Doing some quick math his bonus number this year would have to be $935,000 to account for the $1,900,000 savings. I would guess that's his base SB number(meaning he got a SB of $2,805,000) so that leaves roster bonuses of $5,030,000 spread out over the final two years.
So his cap numbers look something like this
2005: 2.183
2006: 5.033 (release fee of 3.036)
2007: 6.033 (release fee of 1.518)

the final two years could be anything really based on how they divide up the roster bonus money. I just divided it by half and went to town. I'd like to see what the real numbers show. Either way his cap numbers become craziness after this year and I doubt he is a Redskin beyond this year unless he signs and extension and moves a bunch of this money back again.