Current Redskins Salary Cap Status - 2008

Thanks. I thought that was what you were eluding to. I guess they still have a little work to do next week. I mean all they have to do is get below the mark then they can take their time and work the rest out.

How much more would we save (if any) if we released Lloyd next year instead of this year?

How much more would we save (if any) if we released Lloyd next year instead of this year?The main difference is that we'd have to pay a 1.8 million dollar roster bonus to him and his 2 mil base salary. So we'd be costing ourselves 3.8 million in total contract value to keep him on.

We'd have less dead cap next year than we would this year, but his cap number for 2009 if we release him now is zero, and thats what we are going for.

Good question though, and welcome.

The first post in this thread has been updated to reflect the changes CC made in his 2/23 cap sheet update.

Brunell and Cartwright are assumed to be voided and off the roster now, Landry's bonus money was revised, and some updates to Tyler Ecker's figures were made as his situation was complicated last year as he was signed and cut and signed again.

I have to express to you guys how good CC is at keeping up with this stuff. He's so good, that he's even more accurate than the numbers that JLC and Adam Schefter are quoting in their reporting. Those reporters get their information from another fan capologist who seems to have insider information on bonus dollars awarded to players, but his numbers are incorrect in a few areas. CC really really knows this stuff. If you see him around the site, pat him on the proverbial back.

The numbers at the top of this thread have been updated.

Chris Samuels has received a two-year contract extension in which the team added base salaries of $8 million per year each in 2012 and 2013. In the deal, the Redskins converted $3.8 million of his 2008 base salary into a signing bonus.

This move reduced our cap figure this year by $3.2 million.

so are we still over cap?

so are we still over cap?

No, we're under now. See the Current Status section at the top. We're $1.4 million under.

In this thread, CrazyCanuck and I will periodically update the Salary Cap status of the Washington Redskins. As players restructure, resign, are signed as free agents, drafted, cut, and traded, we will do our best to keep the community updated on the cap implications of each transaction. This thread is also designed to house analysis and insight regarding the Redskins' likely course of action in free agency and the draft. The salary cap can often provide an indication of the team's intended approach to free agency - aggressive vs passive, etcetera.

We'll start off with a summary of the Redskins current cap situation and where they're likely headed before free agency opens in March.

In short, the numbers in the table below illustrate that the Redskins are currently $1.4 million under the cap. This assumes that Brunell and Cartwright's contracts have voided. And then once the team makes some more standard moves listed below, the team should have an estimated $10.4 million in cap room heading into free agency.

Numbers presented below are in millions:

You cap geeks do a GREAT JOB explaining this to dumb asses like me. Great post! My question is about Springs. He has a huge number this year. I remember it being 7 or 8 mil. I just don't think he is worth the $ he's getting paid. Do you think he's going to stay? Are they going to ask him to take a pay cut again? I remember they did last year and he called their bluff.

Actually you cap geeks suck! Tell us are cap status is great and that we have infinite billon dollars of cap room.

In all seriousness that cap stuff looks like a pain in the ass to do, let alone comprehend. Either way great job on keeping us up to date on all this.

You cap geeks do a GREAT JOB explaining this to dumb asses like me. Great post! My question is about Springs. He has a huge number this year. I remember it being 7 or 8 mil. I just don't think he is worth the $ he's getting paid. Do you think he's going to stay? Are they going to ask him to take a pay cut again? I remember they did last year and he called their bluff.I do think Springs will stay, provided he survives the next 4 days. We need at least a month of his services in 2008.

Due to the restructuring of his contract in the past, we can only recover about 2.5 million of that 7 if we cut him. Though cutting him now makes a better situation for 2009, (when we would recover all of his current cap number), speaking purely about 2008, we don't save enough cap room by cutting him to sign a CB who can play at his level right away.