Contract Renegotiations have begun

Per JLC the Redskins have begun contract renegotiations with both Andre Carter and Randy Thomas. As Crazy Canuck and Schneed pointed out this should be the first of many renegotiations......
washingtonpost.com (http://www.washingtonpost.com/wp-dyn/content/article/2008/02/06/AR2008020604292.html)

Redskins Note: The Redskins began creating salary cap space by renegotiating the contracts of guard Randy Thomas (http://www.washingtonpost.com/ac2/related/topic/Randy+Thomas?tid=informline) and defensive end Andre Carter (http://www.washingtonpost.com/ac2/related/topic/Andre+Carter?tid=informline), league sources said. The team entered the offseason $20 million over the 2008 salary cap and could restructure 12 ore more contracts.

I think we could do our cap problems a favor and let go jansen, too many injuries.

I think we could do our cap problems a favor and let go jansen, too many injuries.


Jansen is not going anywhere

I think we could do our cap problems a favor and let go jansen, too many injuries.

And who would we get to replace him? There aren't many options in free agency and, IMO, we could use our draft picks at other positions. Jansen has certainly lost a step since 2002 or so, but last season made me REALLY appreciate him.

Here is further updates on the renogotiations - I don't know who updates the cap pages but I am sure this will get in somewhere with the reworked contracts JLC says has happened....


Redskins Insider (http://blog.washingtonpost.com/redskinsinsider/)
Anyway, for those interested in the minutia, the Redskins have reworked the contracts of 3 players thus far- Randy Thomas, Andre Carter and Antwaan Randle El, with at least a half dozen more to come. According to a source with knowledge of the situation, here's the breakdown:
Randy Thomas went from a cap figure of 8.0 million to 4.1
Andre Carter went from 4.9 to 2.8 (the team guaranteed his June 1 roster bonus of $2.4 million as part of the deal)
ARE went from 4.1 to 2.7
So the Redskins saved 7.6 mil in cap space with these moves. They're top 51 (salaries) for 2008 now stands at $132 million, $16 million over the cap, "by far the most in the NFL," according to my guy.
Now, again, don't panic. They'll trim $9 million on Chris Cooley alone and will easily end up with room to chase other free agents. They'll keep guaranteeing salary and pushing things back and extending contracts. But, I ask, as a practice, how much success - Ws and Ls, we're talking - has this strategy brought with it?
Well, regardless, the song remains the same. Restructuring season is upon us. Enjoy!

How does $20M - $7.6M = $16M?

How does $20M - $7.6M = $16M?
Come on Matty.... Its that "fuzzy math" thing again. Its first grade stuff man!

Here is further updates on the renogotiations - I don't know who updates the cap pages but I am sure this will get in somewhere with the reworked contracts JLC says has happened....


Redskins Insider (http://blog.washingtonpost.com/redskinsinsider/)
Anyway, for those interested in the minutia, the Redskins have reworked the contracts of 3 players thus far- Randy Thomas, Andre Carter and Antwaan Randle El, with at least a half dozen more to come. According to a source with knowledge of the situation, here's the breakdown:
Randy Thomas went from a cap figure of 8.0 million to 4.1
Andre Carter went from 4.9 to 2.8 (the team guaranteed his June 1 roster bonus of $2.4 million as part of the deal)
ARE went from 4.1 to 2.7
So the Redskins saved 7.6 mil in cap space with these moves. They're top 51 (salaries) for 2008 now stands at $132 million, $16 million over the cap, "by far the most in the NFL," according to my guy.
Now, again, don't panic. They'll trim $9 million on Chris Cooley alone and will easily end up with room to chase other free agents. They'll keep guaranteeing salary and pushing things back and extending contracts. But, I ask, as a practice, how much success - Ws and Ls, we're talking - has this strategy brought with it?
Well, regardless, the song remains the same. Restructuring season is upon us. Enjoy!If Cooley hasn't already restructured, then he probably doesn't have an 11 million dollar roster bonus due. I think CrazyCanuck's position here makes more sense than JLC. Either way, we're talking 7-8 million over the cap, and Portis, Samuels, and Betts alone should get us under.

How does $20M - $7.6M = $16M?


I agree - should be $12.4M - I guess JLC tries to get his insider updated and sometimes doesn't double check what he writes. Plus the moves 3 moves he said add up to savings of $7.4 and not $7.6.

But fuzzy math aside at least the renegotiations have begun in earnest and the cap is being dealt with - I think the earlier this gets done the better as it will give us more flexibility to deal with draft picks, free agents and knowing the Skins FO trades.

How does $20M - $7.6M = $16M?$20 million was the rough media estimate, but the actual number was closer to $23.

Doesn't matter. Once we factor in Cooley, we are talking 7-8 million over, and that's the figure that matters right now.