Current Redskins Salary Cap Status - 2008

[CrazyCanuck]

I just did an update with Portis and Suish.

Suish got an EFA tender of $520K.

Seems Portis did an overhaul on his contract. Here's what I can decipher so far:

- His contract was extended 2 years (thru 2013).
- He received an $8.5M salary in 2012 and 2013.
- His salary was reduced by $500K in 2010 and 2011.
- He converted $4.4435M of 2008 salary to SB.
- He converted $5.882M of 2009 salary to SB.
- We saved $2.723M on the 2008 cap.
- We saved $4.16M on the 2009 cap.

After these changes I have us at $5.073M under the 2008 cap. This differs from the reported figure of $8M under. I will reconfirm my numbers when PC updates his sheets.