Cooley Restructures

We have to have the best cap people in the NFL. I swear every offseason we are egregiously over the cap, and somehow we get enough for free agents and draft picks.

If the cap was anything like the US national deficit, Snyder's people would be heroes (at least on a national scale, we still look to save us from the wake of a DS spending spree..haha).

It's really not rocket science. Hell, I've had the plan mapped out on here for weeks.

As for the debate over whether a player should be applauded for a restructure, I know I sound like a broken record but it needs to be said again. In a simple restructure, the player still gets the same amount of money his contract says he will, he just gets it all up front instead of spread over the course of the season. The player has no incentive to turn this down, and all the incentive in the world to accept it. Players don't do it out of the goodness of their heart. They do it because it's the same money up front.

Now if you see a player agree to a pay cut, then you should applaud them.

To the cap experts: With this latest restructure where do we now stand for cap room? Probably still in the red I'm guessing but getting a lot closer to the green.

Not that I really care, but when looking at accounting terms, it is actually the black not green. I have no idea why and probably should not be correcting a mod, but decided to let you know anyway. Also I need more posts as I am still below 200.. lol.

AFTER EXECUTED TRANSACTIONS: $4.0 MILLION OVER
So if we make the below moves we should be $ 14M under the cap, correct?

Start: $20.4 million OVER cap

Potential Roster Cuts:
Phillip Daniels - $3.0 million saved - keep
Mark Brunell - $3.4 million saved - CUT
Shawn Springs - $2.5 million saved - keep
Pete Kendall - $1.8 million saved - keep
Todd Wade - $700K saved - CUT
Total Savings for Cuts: $11.4 million

Keeping These Players, Restructuring 2008 Base Salary, Prorating over Remaining life of Contract:
Randy Thomas - $3.7 million saved - EXECUTED
Clinton Portis - $3.2 million saved - yes
Jon Jansen - $3.2 million saved - no
Chris Samuels - $2.8 million saved - yes
Cornelius Griffin - $2.6 million saved - yes
Santana Moss - $1.9 million saved - yes
Casey Rabach - $1.4 million save - yes
Total Salary Restructure Savings: $18.8 million

Keeping These Players, Restructuring 2008 Roster Bonuses, Prorating over Remaining life of Contract:
Ladell Betts - $1.7 million saved - yes
Clinton Portis - $0.4 million saved - yes
Chris Cooley - $9.2 million saved - EXECUTED
Andre Carter - $1.9 million saved - EXECUTED
Antwaan Randle-El - $1.2 million saved - EXECUTED
Total Bonus Restructure Savings: $14.4 million

Thats 8mil right there, and expect more of this to come. Are people still worried about cap hell?

When is Cap Hell going to frezze over? I hear about it every year and it never seems to happen.

So if I understand this correctly, an owner has the option to slash salary cap by converting cap money into guaranteed up front? If this is the case, what's the point of a salary cap? Not that I'm complaining (since this helps us) but theoretically, the cap can be loopholed as deep as an owner's pockets go... correct? I wonder why more owners don't do this... I guess Danny boy is just too rich to even care about parting with guaranteed money.

So if I understand this correctly, an owner has the option to slash salary cap by converting cap money into guaranteed up front? If this is the case, what's the point of a salary cap? Not that I'm complaining (since this helps us) but theoretically, the cap can be loopholed as deep as an owner's pockets go... correct? I wonder why more owners don't do this... I guess Danny boy is just too rich to even care about parting with guaranteed money.


For the reasons you state, should we be happy to have an owner like Dan Snyder, or would you rather John Cooke had bought the team?

For the sake of some owners, I'm sure they're most happy there is a salry cap because if there weren't Dan Snyder would really show them what he could do with his money. He'd field an all star team at every position from top to bottom.

It's really not rocket science. Hell, I've had the plan mapped out on here for weeks.

As for the debate over whether a player should be applauded for a restructure, I know I sound like a broken record but it needs to be said again. In a simple restructure, the player still gets the same amount of money his contract says he will, he just gets it all up front instead of spread over the course of the season. The player has no incentive to turn this down, and all the incentive in the world to accept it. Players don't do it out of the goodness of their heart. They do it because it's the same money up front.

Now if you see a player agree to a pay cut, then you should applaud them.

This sounds pretty rock solid. I wouldn't see any player refusing to restructure if a big chunk of change is converted to guaranteed money. Heck, it's like my company giving me my year's salary up front (of course not nearly as impressive as several million dollars!) This also appears to be an incentive in itself. What better way to keep your players than to say, "tell ya what, you're such a valuable player to us that we're just going to go ahead and give you a chunk of your contract now. I'm sure you'll earn it during the season!"

I don't ever see the Redskins getting into cap trouble as long as Danny has deep pockets. My question is, what would happen if this "share the wealth" program between owners in the league goes sour, and we have an uncapped year? I've heard we'd have to dump players left and right, but I guess I just don't understand the whole process.

That's awesome Cooley restructured his deal. Thanks Chris. Hopefully, the management won't let you down and get some quality players.

We have to have the best cap people in the NFL. I swear every offseason we are egregiously over the cap, and somehow we get enough for free agents and draft picks.

If the cap was anything like the US national deficit, Snyder's people would be heroes (at least on a national scale, we still look to save us from the wake of a DS spending spree..haha).

As Schneed said it is not that they are all that great although I do think they do a good job. There are basically two ways to handle the cap.

Straight forward
Cash over cap

Straight forward is as it seems. Not a ton of things like roster bonuses but they do have gradually escalating salaries. Put a good signing bonus on and you have players from the Eagles for example.

Cash over cap means you pay a somewhat smaller signing bonus but have two or three roster bonuses down the line and pretty low salaries to start with pretty high salaries in the end.

Example:

straight forward:
5 year deal
sb of 5 mil
salaries
500k 1mil 1mil 1.5mil 1.5mil = 5.5mil

cap numbers
1.5mil 2mil 2mil 2.5mil 2.5mil = 10.5mil

cash over cap:
5 year deal
sb of 3mil
salaries
500k 500k 500k 1mil 3mil = 5.5mil
rb
yr2-1mil yr3-1mil = 2mil

cap numbers
1.1mil 2.1mil 2.1mil 1.6mil 3.6mil = 10.5mil

so the cap numbers are slightly different but overall the salaries are the same and guaranteed money is the same.

then what happens in cash over cap is the roster bonuses get converted to signing bonuses which allows them to prorate so the cap numbers change to.
1.1mil 1.350mil 1.683mil 2.183mil 4.183mil

so most of the money gets pushed forward. as the expensive years come up salaries are turned into bonuses and get prorated also and restuctures change some other stuff but in the end the only actual expensive year for a guy is his last. if you keep your expensive guys per year to just a couple it is very manageable in the end. Some would say you have more flexibility with the cash over cap method if you execute it well. It kills you thiugh if you have bad talent evaluation because you become more "stuck" with a guy.

To the cap experts: With this latest restructure where do we now stand for cap room? Probably still in the red I'm guessing but getting a lot closer to the green.4 million ish in the red.

Has Todd Wade been released already?