Redskins 2011 Salary Cap Status

[Schneed10]

I think people are misunderstanding. There is still deadcap. Where people are getting the notion of no deadcap is from the concept of the cash/salary floor amounting to 90% of the cap max, it forces a team to carry no more than 10% of it's cap as deadcap space.

Let's oversimplify the world and think about the math just to illustrate a point. If your cap max is $120 million, but you also have to spend a minimum of $108 million in cash, then the oversimplified conclusion is you can carry no more than $12 million in deadcap.

But that's not the way it works of course. You could sign a player like Asomugha for a $40 million signing bonus for 5 years. All $40 million of that bonus would count towards meeting your $108 million cash floor. However it would only count $8 million towards this year's cap ($40 million divided by 5 years).

The concept that there would be no deadcap money makes no sense. Whoever dreamed that up definitely misheard or misunderstood something. Dollars can't just disappear from the books, if you paid the money, you have to take the hit on your cap.