Redskins 2012 Salary Cap Status

[GTripp0012]

**UPDATED (February 29, 2012)** Redskins 2012 Salary Cap Info

2012 Salary Cap Situation
1. Salary Cap Projection = $124 million $120.375 million <-- No projected salary cap increase
2a. Number of players under contract for the Redskins = 47 53
2b. Redskins Cap Number, February 2012 = $86.3 million $93.5 million
2c. Difference between adjusted 2012 cap number and projected cap = $26.875 million
2d. Redskins 2011 Salary Cap Rollover = $13 million
3. Salary Cap space, February 2012 + cap rollover = $39.875 million

4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):

DeAngelo Hall, $6.2 million-375k = $5.8 million net gain
O.J. Atogwe, $2.3 million-375k = $1.9 million net gain
Jammal Brown, -$650k-375k = -$1.0 million [net loss]
John Beck, $1 million-375k = $0.6 million net gain
Mike Sellers, $925k-375k = $0.55 million net gain
Reed Doughty, $1.15 million+375k = $0.8 million net gain
Santana Moss, $484k-375k = $0.11 million net gain
Chris Cooley, $2.07 million-375k = $1.69 million net gain

Total = $10.45 million retrievable

5. Space for potential releases PLUS existing cap space = $50.325 million available (does not include June 1 release flexibility)

6a. Rule of 51 = 4 contracts at league min (375k) = $1.5 million <--the Redskins now have more than 51 players under contract
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)

Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million

Total as of January 17 = $225k

6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)

Kory Lichtensteiger, 2012 Cap Number = $1.875 million-375k = $1.5 million (projected 2nd round tender)
Byron Westbrook, 2012 Cap Number = $1.2 million-375k = $0.825 million (projected low tender)

Total as of January 17 = $2.325 million

6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):

London Fletcher, 2011 Cap Number = $5.67 million-375k = $5.3 million
LaRon Landry, 2011 Cap Number = $6.45 million-375k = $6.08 million
Fred Davis, 2011 Cap Number = $5.0 million-375k = $4.63 million
Will Montgomery, 2012 Cap Number = $3.5 million-375k =$3.125 million CONFIRMED
Adam Carriker, 2011 Cap Number = $3.25 million-375k = $2.95 million
Tim Hightower, 2011 Cap Number = $1.5 million-375k = $1.125 million
Darrion Scott, 2012 Cap Number = $650k-$375k =$275k

Rex Grossman
Rocky McIntosh
Kedric Golston
Donte Stallworth
David Anderson
Sean Locklear
Phillip Buchanon
Keyaron Fox

PROJECTED Total as of January 17 = $20.085 million
PROJECTED Total as of February 29 = $23.485 million
ACCUMULATED Total as of February 29 = $3.4 million

6e. Combined (PROJECTED) Unresticted Free Agent Costs = $26.035 million
6f. Accumulated UFA Costs = $3.4 million

7. Signed unrestricted free agents from other teams:
Total as of January 17: N/A

8. Salary Cap space after projected re-signings, February 29, 2012 =$13.84 million
Actual salary cap space as of Feburary 29, 2012 (minus allowances for tenders including TE franchise tag): $28.45 million ($33.95 million w/o franchise tag allowance)

9. Rolled-over deadcap obligation for Haynesworth/McNabb/Hicks/Rabach = up to $7.3 million

The NFL accounts for this in their "list of 51 cap numbers" it sent out, so the Redskins are working with about $7 million less cap room than the highest estimates.