Should the Redskins take a run at Favre?

[Schneed10]

Originally Posted by Slingin Sammy 33

Good post. Speaking of cost/benefit, GTripp mentioned that cap wouldn't be a problem. I'm of the opinion that it would.

The latest update on March 27 has us at about 7.8M under the cap before rookie signings. Estimating 400K a piece for our 4-7 picks and 650K for Thomas, Kelly, Davis and Rinehart that puts us at about 3.6M under. Unless we do a ridiculous restructure or two, I don't see Favre signing for $ 3.6M when several of the teams Daseal mentioned are well under the cap. Should I lay off the booze or am I on target here?

I think you're about right, though it's tough to say. If you're asking what Brett Favre's market value is in a one-year deal, then I'd say it's well north of 3.6 million. Then again, he may be at the point where he can say I've made all the money I need, I just want to play. In that case, he could choose to sign for a couple mill, who knows.

But after review of the 'Skins cap situation, it appears they are traveling on a course with one eye on the potential uncapped season, which could completely dismantle the team if they're not careful. After the release of Brandon Lloyd, the Skins have about $8 million in cap space. Their rookie pool allotment is $4.5 million this season, leaving them with approximately $3-4 million in space. They clearly intended to use all this space on acquiring Chad Johnson, but when that didn't happen I think they turned their attention towards using LTBE incentives (the Portis restructure) to raise their cap limit in 2009, thereby creating more space next season.

Signing Favre at this point, even if they could get him under market value, would foil those long term plans. Given the approach the team took in the draft this past April (trading for 2nd rounders = cheap contracts), I think they're preparing to weather the financial storm that labor strife will bring. They plan to keep the team's nucleus together through anything. Favre would disrupt that plan.

Can't see it.