The Archuleta cap hit question.

[Schneed10]

Originally Posted by Bill B

Has anyone seen this as far as how we are treating AA's contract:

"Archuleta received a $5 million signing bonus last year, $4 million of which eventually will count against Washington's salary cap. It's believed the Redskins will use one of their June 1 exceptions so that Archuleta will count only $1.5 million against the cap this year, with the rest coming in 2008."

I thought the Skins were going to just eat the contract in 2007 so we get relief in 2008? Unless we are going to use the additional space in 2007 to sign free agents why not just get the dead cap hit out of the way in 2007?

Redskins trade Archuleta*-*Sports*-*The Washington Times, America's Newspaper

Hmm. I thought the June 1 exception only applied to guys who you are releasing, not to guys you're trading. The whole reason the June 1 exception went into place was to allow players the opportunity to jump into the free agent pool earlier so they have a better shot at catching on with a team in a decent situation. But if you're traded, you don't really get a say in what situation you're headed to, so it kind of defeats the whole spirit of the June 1 Exception rule.

Either way, though, the Skins would have Archuleta count $1.5 million this year, and $2.5 million next year under the Times' scenario. Under La Canfora's scenario, he'd count $4 million this year, and 0 next year. Either way I'm not getting my panties in a bunch one way or another. It's kind of splitting hairs; either way it still means Archuleta doesn't crush us with a huge cap hit.

I am more inclined to think he counts $4 million this year and 0 next year, based on my understanding of the June 1 rule. But in the end, whatever.

[JManorGC94]

Why does everyone hate on CP! Im sick of hearing how great Ladell Betts is. He is just like Stephen Davis FUMBLE FUMBLE FUMBLE

[EXoffender]

Originally Posted by Schneed10

To update myself, it appears that I was correct in that post. Per the WP's article:



He counts $4 million against our 2007 cap instead of $9 million. He would have counted $2.4 million if he played for us in 2007. So trading him ate up $1.6 million in space.

This means we now have $8 million in space to work with right now. Given that rookies will fit in $3 - $4 million in space, there clearly is a plan in place to make another major move. Look for the Bly deal to go down soon.

I hate this. I thought we saw the end of these type of moves.

[steveo395]

'SKINS GAVE ARCHULETA A $500,000 PARTING GIFT
A league source tells us that the Redskins are paying a portion of the $5 million in guaranteed money that safety Adam Archuleta will receive under his new contract with the Bears.
Archuleta was due to receive on Wednesday a $5 million option bonus, which was fully guaranteed by future salaries. So, in essence, the 'Skins paid out 10 percent of the amount in order to wipe the obligation off of the books.
In return, the 'Skins got a sixth-round pick from the Bears. So Washington, in our view, came out of this thing as well as they could have, since they clearly had decided that it didn't make sense to pay starter money to two strong safeties.
Of course, the 'Skins would have been wise to realize all of this a year ago, before committing $10 million in guaranteed money to Archuleta.

ProFootballTalk.com -- The Best Pro Football Scoop on the Internet

So I guess this pushes the cap penalty up to $4.5 million.

[RobH4413]

Originally Posted by Mattyk72

Portis isn't going anywhere for a variety of reasons. He's still a top back in this league, Gibbs loves him, and his cap hit would be tremendous at over $12M. Again, a retarded mock draft severely lacking any sense of reality.

Don't forget his trade value is diminished because of his shoulder injury as well. It just wouldn't make sense to ditch an elite player without some serious reciprocity.

Anyone that suggests this is just flirting with possibility. Sure it could happen, but in all likely hood, it wont. Mock drafts are pointless.

[RobH4413]

Originally Posted by steveo395

ProFootballTalk.com -- The Best Pro Football Scoop on the Internet

So I guess this pushes the cap penalty up to $4.5 million.

meh. who cares.

the big news is that we're not screwed this year, or the next. I think we'll be landing a cb here shortly.

[dmek25]

does all this mean that dre bly is on his way to washington?

[HailttRedskins]

I was listening to ESPN, now this was about a week or so ago, but they said we would take a $9million cap hit for the next two season, so $4.5million each season im guessing, this all could have changed though.

[Tha Posse]

So whats the deal with Springs now?

[Schneed10]

Originally Posted by HailttRedskins

I was listening to ESPN, now this was about a week or so ago, but they said we would take a $9million cap hit for the next two season, so $4.5million each season im guessing, this all could have changed though.

Wrong again, Flanders. ESPN is incorrect. Reread this thread. It explains it.

[RobH4413]

Originally Posted by Tha Posse

So whats the deal with Springs now?

Hopefully nothing, cause I don't want to get rid of my springs jersey.

All this springs talk makes me nervous.

It might be time for just the Monk jersey now....

[SmootSmack]

Originally Posted by HailttRedskins

I was listening to ESPN, now this was about a week or so ago, but they said we would take a $9million cap hit for the next two season, so $4.5million each season im guessing, this all could have changed though.

Things change in a week