Current Redskins Salary Cap Status - 2008

Schneed, did you remember to take the 300,000 ish away for the rule of 51 regarding Suisham? If the 8 million figure (factoring in Lloyd) is correct, Suisham's net hit on the 2008 cap should not exceed 215K. I'm not keeping a running total on the exact number to the decimal point, but 8 million minus 215K is 7.785 million, as opposed to 7.45 million.

Seriously, Snyder gave Portis his 2009 base salary money a year early as part of this extension in order to allow that amount to allocate over 2008, 2009, and beyond, clearing some of that hit off the books now.

I'm not positive they gave it all to him a year early, some of it might be a guaranteed payment in 2009.

I updated my sheets under the assumption that they gave it all to him now. I'll double check when PC releases his numbers.

Schneed, did you remember to take the 300,000 ish away for the rule of 51 regarding Suisham? If the 8 million figure (factoring in Lloyd) is correct, Suisham's net hit on the 2008 cap should not exceed 215K. I'm not keeping a running total on the exact number to the decimal point, but 8 million minus 215K is 7.785 million, as opposed to 7.45 million.

Yeah I netted that out already. CC has a good handle on the variances between him and PC, and given that JLC quotes PC all the time, I suspect that's the difference between JLC's $8.0 and our $7.45.

I'm not positive they gave it all to him a year early, some of it might be a guaranteed payment in 2009.

I updated my sheets under the assumption that they gave it all to him now. I'll double check when PC releases his numbers.

Ah, that would make a lot of sense.

From: Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com (http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html)

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.

From: Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com (http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html)

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.


Thank ya sir! Appreciate it!

Wanna go figure out the Seahawks running back cap hit for the other thread!?!?

From: Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com (http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702952.html)

"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010."

Rock's cap hits are as follows:
2008: $705
2009: $1,045
2010: $1,600

After inputting him into my sheets I have us at $4.738M under the 2008 cap.

Thanks CC, the top post in this thread has been updated to reflect this.

I hear over at ES that Phillip Daneils has renegotiated. Is there any facts to this?

I hear over at ES that Phillip Dameils has renegotiated. Is there any facts to this?

It appears to be accurate, though I can't tell yet if it was a paycut or a restructure. I'd guess restructure. The Skins probaby realize that if they tried to hardball Daniels into a paycut, he'd probably say OK cut me and catch on real quick with Gregg Williams in Jacksonville. Plus, Daniels is still very highly regarded by Blache and the Redskins front office, so regardless of what the fans may think of him, I can't see it being a paycut. I'd guess a restructure of some kind. CC will probably have an update on the numbers for us pretty soon.

I hear over at ES that Phillip Dameils has renegotiated. Is there any facts to this?

It looks like they restructured his $1.1M roster bonus as well as $900K of salary, but I'll have to wait for more info to confirm.

Assuming they restructured as above, they saved $1.33M on the 2008 cap.

After these changes I have us at $6.071M under the 2008 cap.