Redskins Salary Cap Status 2018

Happy to do it! Beer sounds pretty good on a Friday afternoon.

Happy to do it! Beer sounds pretty good on a Friday afternoon.

I'm more of a whiskey guy but It is FRIDAY!!

Outstanding breakdown of Alex Smith's new contract is located at this link (https://www.hogshaven.com/2018/3/19/17138690/we-now-know-the-structure-of-alex-smiths-contract-with-the-redskins).

I'm not going to reinvent the wheel, they describe it in perfect detail.

Smith's actual cap number in 2018 will be $18.4M, not the $17.0M as assumed previously (the capologists of the world had assumed his KC contract would simply carry over).

The original post is revised.

Given those numbers and KC's numbers for the 3 years:
AS vs KC
18.4 vs 26
20.4 vs 28
21.4 vs 30

The skins saved about 8M/year at the qb position. That is probably our rookie pool plus a player over the next 3 years. With the CBA expiring after the 2020 season, it's almost impossible to predict how the cap will look like, or even if there will be a cap after the strike/lockout, and renegotiations occur.

Original post updated to reflect signing of Orlando Scandrick, who signed for two years, $10M. For now, until I see a breakdown of the contract, I am assuming the cap hit in 2018 will be $4.5M.

Redskins cap space now stands at $14.3M estimated.

John Keim:
Linebacker Zach Brown's contract includes a $4.5 million signing bonus and a $1 million base salary in 2018. In 2019, he has a $6.7 million base salary, with $4.5 million guaranteed for injury only. And his third year has a $7.5 million base salary. He has a roster bonus in 2017 up to $250,000; it goes up to 500,000 in each of the last two years. The Redskins could cut him after one year with only a $3 penalty -- that could be spread over two years with a post-June 1 release.

John Keim:
Linebacker Zach Brown's contract includes a $4.5 million signing bonus and a $1 million base salary in 2018. In 2019, he has a $6.7 million base salary, with $4.5 million guaranteed for injury only. And his third year has a $7.5 million base salary. He has a roster bonus in 2017 up to $250,000; it goes up to 500,000 in each of the last two years. The Redskins could cut him after one year with only a $3 penalty -- that could be spread over two years with a post-June 1 release.

I saw that too. I did the math on it, that adds up to only $21M. It's possible the other $3M is built into incentives somehow, and that's how you get to a total value of $24M as reported.

If that's the case, then Brown's cap hit in 2018 will be $2.75M, not $5.0M as I had estimated.

But I don't wanna mark it down as revised until I understand the structure on the incentives, or whatever else accounts for the rest of the reported $24M total value.

Well that’s what it is, the other $3M is incentives- up to $1.0M in incentives each year. They’re considered not likey to be earned, so they don’t hit the cap books yet. OTC shows Brown at 2.7M now. Incredible.

The more I’m seeing, the more I feel like Bruce is feeling pressure to show some results now.

Original post updated again.

Seems like they have enough for Hankins, hate to see them frugally lose out.

Wow. Rediscovered this thread (for some reason it's kind of hidden on tapatalk...).

Anyway, thanks for this Schneed. This and your posts about the compensatory picks system, I'm learning quite a lot this offseason!

I saw Quick's cap hit is just above 700K.

I really love the fact we still have 13~15M available after Scandricks' deal.
Hope we can land Hankins and still have some cap space to carry over to next year for the guys we'll have to resign.