Peter King on The Skins - Future Cap Trouble

[skinsfan69]

Originally Posted by skinsfan242

EVERY year, I hear we will be in CAP HELL. NEVER HAPPENS and won't next year so I think we will be OK.

Plus the cap wil probably go up by at LEAST 5 million for next year.

Over by 19.5. Goes up by 5, we can cut 33. Looks like we are 18.5 UNDER next year, Plenty of Room to eat Lloyd's deal.

IMO I don't think we should eat his deal. As Gtripp said, some of the guys are just going to have to play better. Lloyd is one of them. Personally I would just try and reach out to the guy rather than eat the money.

[GTripp0012]

If you haven't read my thread from March, I feel that the information I put in it is still very relevant to the Skins current situation:

http://www.redskinswarpath.com/locke...situation.html

The Redskins, however, have definitely made moves for the future since then designed to getting dead cap guys off our books for next season. You can bet your bottom dollar that Springs and Lloyd will follow to get their cap numbers off the books for 2009 and 2010. My $20 million figure is pretty much in line with King's figure.

Since then, Cooley has been resigned.

My main point from that post still remains: getting respected veteran FA help from other teams is not plausible. Signings like Randall Godfrey, who was a consistent contributor for a bunch of teams before coming here, are still plausible. But bringing in guys like London Fletcher and Fred Smoot simply won't be happening this offseason. Just not enough cap dollars available to lure them here.

Plus, getting rid of Lloyd is so much more important.

[redskinsfanatic]

if jerry jones can tweak and manipulate the SC like he has in the past,then i know damn well synder and gibbs can find away around it.i could care less what that fat fuck peter king says or prints!

[MonkFan4Life]

Peter King hasn't gotten tired of writing this same article ? Every year it's the same ol' song. Sing it with me everyone.

Cap Hell, Cap Hell
Thank the Lord the Skins are headed for Cap Hell !

I mean seriously, haven't these people figured it out. There is no cap hell here, Ever.

[celts32]

I will believe in the cap boogie man when i see evidence of his existence! This same article pops up every year about the skins just change the year and the author at the top and it's the same. One thing the skins know how to do is bend that cap...what they don't do well is pick the right players to bend it for.

[FRPLG]

Same old arguments that are simply wrong. There are two ways to build a roster, both of which work financially fine. Our way is too continually pay large bonuses as salries and then convert them in the year of the salary to spread them out. IT IS WHAT WE DO YEAR IN AND YEAR OUT. Contrary to popular belief it doesn't snow ball and it is completely sustainable as long as it is implemented properly every year. We never have real issues with the cap. It is a bogus argument. Our struggles haven't been with the salary cap it has been with the talent evaluation if anything.

[GTripp0012]

Originally Posted by FRPLG

Same old arguments that are simply wrong. There are two ways to build a roster, both of which work financially fine. Our way is too continually pay large bonuses as salries and then convert them in the year of the salary to spread them out. IT IS WHAT WE DO YEAR IN AND YEAR OUT. Contrary to popular belief it doesn't not snow ball and it is completely sustainable as long as it is implemented properly every year. We never have real issues with the cap. It is a bogus argument. Our struggles haven't been with the salary cap it has been with the talent evaluation if anything.

Yeah, but...

The way we do things, we don't have an allowance for player personnel failure. Signings like Arch and Lloyd greatly compromise the freedom we have within the market.

[FRPLG]

Originally Posted by GTripp0012

Yeah, but...

The way we do things, we don't have an allowance for player personnel failure. Signings like Arch and Lloyd greatly compromise the freedom we have within the market.

Those are talent evaluation issues. The cap implications from those guys are offset by the gains elsewhere. It really ends up all a wash and comes down just to talent evaluation. I doubt you'll find many people who think we have been "compromised" in our talent aquisition because of the cap at any point.

[FRPLG]

Originally Posted by Schneed10

Given the choice between the two, I would be a proponent of sending him packing before March 1, and biting the bullet on his cap hit. This would avoid the $1.5 million bonus payment you're referring to. When you think about it, if the Skins spread Lloyd's dead money over two seasons, they'll just end up restructuring fewer players in '08. If they take the entire hit in 2008, they will be forced to restructure more guys in '08. So you might as well just get him off the books.

But the ideal situation would be to find a taker for Lloyd, kind of like we did with Arch. With Arch, we convinced the Bears to take a $5 million bonus off our hands, which significantly dropped the cap hit we needed to take.

Of course at this point it may be tough to convince a team that Lloyd is worth giving a $1.5 million signing bonus to, but hopefully somebody sees him as an under-utilized non-bum.

The CBA allows us to cut a guy prior to June 1 and designate him a Post June 1 cap casualty and therefore spread it.

We cannot cut him prior to March 1 because it would put us over the cap and cost us cap space next year plus penalties. So he'll most likely be cut March 1 and be designated a June 1 cut. Unless we can figure a way to trade him.

[GTripp0012]

A general rule to follow is NEVER--under any circumstances--restructure the deal of a guy who your team is not confident in at least for the next two seasons. Once you push his SB money into the next few years, it becomes almost possible to sever the deal for the next two seasons without a serious cap hit.

I was against the Jansen restructuring because I didn't know that he had two years left in him. The good news is that, by the time we find out if thats true, those two years will have passed and it will be possible to go another direction with JJ if he has a subpar or injury riddled 2008.

Once you convert base salary into a signing bonus, that is the ultimate vote of confidence in your guy. Do that to too many people, and you pretty much have no roster flexibility whatsoever.

Because of this, the 2008 Redskins are going to look a lot like the 2007 Redskins.

[Schneed10]

Originally Posted by GTripp0012

A general rule to follow is NEVER--under any circumstances--restructure the deal of a guy who your team is not confident in at least for the next two seasons. Once you push his SB money into the next few years, it becomes almost possible to sever the deal for the next two seasons without a serious cap hit.

I was against the Jansen restructuring because I didn't know that he had two years left in him. The good news is that, by the time we find out if thats true, those two years will have passed and it will be possible to go another direction with JJ if he has a subpar or injury riddled 2008.

Once you convert base salary into a signing bonus, that is the ultimate vote of confidence in your guy. Do that to too many people, and you pretty much have no roster flexibility whatsoever.

Because of this, the 2008 Redskins are going to look a lot like the 2007 Redskins.

Good way to put it. I remember last year when Jansen got his extension, and then Randy Thomas got one, and of course Samuels had his the year before Jansen. So you could really see the financial committment to those guys. When a team gives big dollar extensions to players later in their careers, that means they love them. The Skins haven't made that committment to any other guys their age in a while. And no surprises there, those three are thought of as huge leaders on the team, and the coaching staff loves all three of them. Too bad two of them got hurt so badly.

Especially Randy Thomas. Have I ever mentioned that I heart Randy Thomas?

[djnemo65]

Remember last year when Pasta predicted we would field a team with 20 undrafted free agents, and without our key players? Yeah, how did that turn out. We were under the cap BEFORE the new collective bargaining agreement was signed.

I'm not a math guy and I don't understand all these numbers, but I do know that the doomsayers have been consistently wrong EVERY YEAR when it comes to forecasting doom for the Skins.

[skinsguy]

Schneed and CC! Thanks guys for your help in explaining the numbers to us. I'm not a math guy either. I'm an IT guy, so you know I only think in binary...LOL!

But seriously, we hear the same exact thing from the same exact sports writers year in and year out. They seem to start doing the most skawking when the Redskins have a bit of a losing streak. We've done pretty good about keeping the bulk of our team together for the most part. I don't see us having to blow the team up anytime soon either.

[henry12portis26]

does this guy have a f#ckin' life ... all he seems to do is rip on this team and deny our players access into the hall... maybe Danny boy pissed in his cornflakes a while back... I refuse to listen to a guy who has never played the game

[ChuckPrez]

bump! i found it!

apologies to matt, the mods, and the rest of the crew