Good/Bad News for a Change - 2013 18MM cap penalty probably (not) going away

[SkinsGuru]

we should also keep in mind that if RGIII gets and stays healthy we will have to give him a HUGE contract in a couple of years . . . Afred Morris will be earning a substantial one as well . . . we should be careful with how much we spend over the next couple of years even if we get some of the money back . . . maybe not having it is a blessing in disguise . . .

[los panda]

for example, did jammal brown really count $4.5M against our cap?
carriker, the entire $3.9M?
orakpo, the entire $3M?
etc.

[MTK]

$18M penalty taken this year, we'll take another $18M next year.

Not sure what the confusion is all about.

[los panda]

Originally Posted by Mattyk

$18M penalty taken this year, we'll take another $18M next year.

Not sure what the confusion is all about.

i don't think it's clearly reflected on the cap summary sheet

[artmonkforhallofamein07]

Originally Posted by Mattyk

$18M penalty taken this year, we'll take another $18M next year.

Not sure what the confusion is all about.

It isn't taken into account on the spreadsheet you posted that CC does. No worries, but that is where my confusion came from.

[CrazyCanuck]

Originally Posted by artmonkforhallofamein07

It isn't taken into account on the spreadsheet you posted that CC does. No worries, but that is where my confusion came from.

Sorry if the sheets are confusing but yes the $18M for 2012 is included.

The penalty is part of "cap credits" at the bottom. We took an $18M penalty but we had $13M of credits from the year before. So works out to ~$5M.

[CRedskinsRule]

Originally Posted by CrazyCanuck

Sorry if the sheets are confusing but yes the $18M for 2012 is included.

The penalty is part of "cap credits" at the bottom. We took an $18M penalty but we had $13M of credits from the year before. So works out to ~$5M.

Thanks for explaining, I was trying to see it listed, but didn't see it as a singular line item.

[CrazyCanuck]

Originally Posted by CRedskinsRule

Thanks for explaining, I was trying to see it listed, but didn't see it as a singular line item.

Ya maybe I'll rename it "Cap Penalties & Credits" to make it clearer.

[artmonkforhallofamein07]

Originally Posted by CrazyCanuck

Sorry if the sheets are confusing but yes the $18M for 2012 is included.

The penalty is part of "cap credits" at the bottom. We took an $18M penalty but we had $13M of credits from the year before. So works out to ~$5M.

Thank you very much for the clarification.

So since we had a credit of 13mil then the ramifications of the next 18mil could be a little more severe to how we are able to work our roster this offseason. Is that a fair assessment CC?

[CRedskinsRule]

Originally Posted by artmonkforhallofamein07

Thank you very much for the clarification.

So since we had a credit of 13mil then the ramifications of the next 18mil could be a little more severe to how we are able to work our roster this offseason. Is that a fair assessment CC?

I think someone else said it, but we will be able to use cap magic to push a lot of numbers into 2014 if need be, where our cap should seem huge compared to this coming year. Basically we will have the ability, through reworks, option bonuses, etc to offset it's effects to some degree. I imagine we will be in about the same position as we were this year once all is said and done.

[CrazyCanuck]

Originally Posted by artmonkforhallofamein07

Thank you very much for the clarification.

So since we had a credit of 13mil then the ramifications of the next 18mil could be a little more severe to how we are able to work our roster this offseason. Is that a fair assessment CC?

Yes that is a fair assessment. But like CRed said I don't think these issues are insurmountable. A couple restructures and cap related moves and we should be ok.

In the Vinny days we didn't have to deal with penalties but always had big deadcap charges. For instance when we traded Coles for Moss we took an instant $9M deadcap hit.

So while $18M sounds (and is) a lot, it's not that big of a deal, at least in Redskins cap land.

[ethat001]

The real net penalty would be more than numbers, it would have to include the

(1) last minute notice before FA which prevented us from advance planning
(2) forcing us to take it all up front instead of over a few years as we would have done w/o uncapped year

[SCRedskinsFan]

Originally Posted by ethat001

The real net penalty would be more than numbers, it would have to include the

(1) last minute notice before FA which prevented us from advance planning
(2) forcing us to take it all up front instead of over a few years as we would have done w/o uncapped year

True, but over time we would have incurred the full cap hit. I was just trying to understand whether the penalty exceeds the full effect of the contract dump in dollars and cents.

[HailGreen28]

Originally Posted by SCRedskinsFan

True, but over time we would have incurred the full cap hit. I was just trying to understand whether the penalty exceeds the full effect of the contract dump in dollars and cents.

According to this article LINK, we spent over $225 Million. ($123+$102) The salary cap for 2009 was $128 mil. So yeah, the $36 mil penalty isn't as much as we "overspent" in the uncapped year.

Still, springing the penalty on the literal eve of free agency was a dick move by Goodell/Mara that cost us beyond dollars.

I think we still came out ahead, but we shouldn't have been penalized in the first place. In a just world, the penalty doesn't stick, and Danny and Jerrah get to sit back and laugh as owners that depend on revenue sharing try to figure out how to stay afloat while the NFL loses billions in a collusion lawsuit to the NFLPA. And all the fingers point at Mara for causing this disaster.

[SCRedskinsFan]

Originally Posted by HailGreen28

According to this article LINK, we spent over $225 Million. ($123+$102) The salary cap for 2009 was $128 mil. So yeah, the $36 mil penalty isn't as much as we "overspent" in the uncapped year.

Still, springing the penalty on the literal eve of free agency was a dick move by Goodell/Mara that cost us beyond dollars.

I think we still came out ahead, but we shouldn't have been penalized in the first place. In a just world, the penalty doesn't stick, and Danny and Jerrah get to sit back and laugh as owners that depend on revenue sharing try to figure out how to stay afloat while the NFL loses billions in a collusion lawsuit to the NFLPA. And all the fingers point at Mara for causing this disaster.

Agree, and thanks for the numbers...