Re: Redskins 2011 Salary Cap Status
 

[B]**UPDATED (January 17, 2012)** Redskins 2012 Salary Cap Info[/B]

[U]2012 Salary Cap Situation[/U]
1. Salary Cap Projection = $124 million
2a. Number of players under contract for the Redskins = 47
2b. Redskins Cap Number, January 2011 = $86.3 million
[B]3. Salary Cap space, January 2011 + exemption = $37.7 million[/B]

4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):[INDENT]DeAngelo Hall, $6.2 million-375k = $5.8 million net gain
O.J. Atogwe, $2.3 million-375k = $1.9 million net gain
Jammal Brown, -$650k-375k = -$1.0 million [net loss]
John Beck, $1 million-375k = $0.6 million net gain
Mike Sellers, $925k-375k = $0.55 million net gain
Reed Doughty, $1.15 million+375k = $0.8 million net gain
Santana Moss, $484k-375k = $0.11 million net gain
Chris Cooley, $2.07 million-375k = $1.69 million net gain

Total = $10.45 million retrievable[/INDENT]
5. Space for potential releases PLUS existing cap space = [B]$48.15 million available[/B] (does not include June 1 release flexibility)

6a. [I]Rule of 51 = 4 contracts at league min (375k) = $1.5 million[/I]
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)[INDENT]Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million

Total as of January 17 = $225k[/INDENT]
6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)[INDENT]Kory Lichtensteiger, 2012 Cap Number = $1.875 million-375k = $1.5 million (projected 2nd round tender)
Byron Westbrook, 2012 Cap Number = $1.2 million-375k = $0.825 million (projected low tender)

Total as of January 17 = $2.325 million[/INDENT]
6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):[INDENT]London Fletcher, 2011 Cap Number = $5.67 million-375k = $5.3 million
LaRon Landry, 2011 Cap Number = $6.45 million-375k = $6.08 million
Fred Davis, 2011 Cap Number = $5.0 million-375k = $4.63 million
Adam Carriker, 2011 Cap Number = $3.25 million-375k = $2.95 million
Tim Hightower, 2011 Cap Number = $1.5 million-375k = $1.125 million

Rex Grossman
Rocky McIntosh
Kedric Golston
Donte Stallworth
David Anderson
Darrion Scott
Sean Locklear
Phillip Buchanon
Keyaron Fox

PROJECTED Total as of January 17 = $20.085 million[/INDENT]
6e. Combined (PROJECTED) Unresticted Free Agent Costs = $22.635 million

7. Signed unrestricted free agents from other teams:
[Indent] [/Indent]
Total as of January 17: N/A

8. [B]Salary Cap space after projected re-signings, January 17, 2012 [/B]=[B]$15.07 million[/B]

[I]9. Rolled-over deadcap obligation for Haynesworth/McNabb/Hicks/Rabach = up to $7.3 million

^^^ This last part depends on how the NFL handled post-lockout transactions. If they were treated as "post June 1" moves, the Redskins will have to pay deadcap on them. But the Lockout would have prevented moves between March 4 and June 1. So I expect the Redskins owe this, but can't confirm they do not.[/I]

*****************

[B]**UPDATED (July 28, 2011)** Redskins 2011 Salary Cap Info[/B]

[U]Projected 2011 League Requirements[/U]
1. $120 million salary cap, give or take about 1/3 million
2. $3 million max cap credit for benefits to one player
3. $108 [URL="http://twitter.com/#!/SalaryCap101/status/92252478082523136"]cash expenditure requirement[/URL] (give or take $4 million)

Current Redskins salary cap info courtesy J.I. Halsell, [URL="http://realredskins.com/2011/07/redskins-have-26-million-in-cap-space-can-add-more/"]via Rich Tandler[/URL].

[U]Redskins 2011 Cash Requirement Situation[/U]
1. Cash Requirement ~ $108 million
2. Total payroll owed for 2011 (salary + existing amortized bonus money + deadcap) = $73 million
3. Potential player releases from $73 million payroll:[INDENT][B]Donovan McNabb, $11.1 million[/B] <-- confirmed
[B]Albert Haynesworth, $5.4 million[/B] <-- confirmed
[B]Ma'ake Kemoeatu, $3.8 million[/B] <-- confirmed
[B]Casey Rabach, $3.0 million[/B] <-- confirmed
Artis Hicks, $2.1 million
Mike Williams, $1.8 million
[B]Phillip Daniels, $1.0 million[/B]<-- confirmed
Mike Sellers, $0.55 million
[B]Chad Simpson, $0.25 million[/B] <-confirmed, moving vet min to rook min
[B]Jeremy Jarmon, $0.16 million[/B] <-confirmed, moving vet min to rook min[/INDENT]
4. Realistic payroll "minimum" before free agency on Fri. Jul, 29: $47.90 million
5. Redskins Free Agent signings:[INDENT]Barry Cofield, 2011 Cash Outlay = $15.5 million
Stephen Bowen, 2011 Cash Outlay = $14 million
Josh Wilson, 2011 Cash Outlay = $7.5 million
Santana Moss, 2011 Cash Outlay = $6 million
Jabar Gaffney, 2011 Cash Outlay = $2.4 million
Donte Stallworth, 2011 Cash Outlay = $1 million
Kellen Clemens, 2011 Cash Outlay = $0.8 million

[B]Total = $47.2 million[/B][/INDENT]5. Plus estimated year one rookie salary outlay: $13.25 million
6. [B]Snyderbucks to spend to reach NFLPA minimum[/B]("unlikely to be retained" players + unsigned draft picks + all free agents) = [B][COLOR="Red"]-$12.55 million[/COLOR][/B]

The Redskins have exceeded $120 million cash spent in 2011.

[U]2011 Salary Cap Situation[/U]
1. Salary Cap plus Benefits exemption = $123 million
2. Redskins Cap Number, July 2011 = $93.3 million
[B]3. Salary Cap space, July 2011 + exemption = $29.7 million[/B]
4. Potential player releases from $93.3 million cap number (plus 375k UDFA val):[INDENT][B]Donovan McNabb, $4.75 million [net saved][/B]-375k r51 <-- confirmed
[B]Albert Haynesworth, $3.4 million [net saved][/B]-375k 51 <-- confirmed
[B]Ma'ake Kemoeatu, $2.5 million [net saved][/B]-375k r51 <-- confirmed
[B]Casey Rabach, $1.6 million [net saved][/B]-375k r51 <-- confirmed
[B]Phillip Daniels, $1.0 million [net saved][/B]-375k r51 <-- confirmed
Mike Sellers, $0.55 million [net saved]
[B]Chad Simpson, $0.25 million [net saved][/B] <-confirmed, moving vet min to rook min
[B]Jeremy Jarmon, $0.16 million[/B] <-confirmed, moving vet min to rook min
[B]Sam Paulescu, $0.16 million[/B] <-confirmed, moving vet min to rook min
[B]Andre Brown, $0.16 million[/B] <-confirmed, moving vet min to rook min
Artis Hicks, $0.15 million [net saved]
Mike Williams, $0.26 million [net loss]
Total = $12.1 million *UPDATED FIGURE*[/INDENT]
4. Redskins Free Agent signings, less UDFA rookie minimum (375k per):[INDENT]Barry Cofield, 2011 Cap Number = $5.5 million-375k = $5.1 million
Stephen Bowen, 2011 Cap Number = $4.0 million-375k = $3.6 million
Josh Wilson, 2011 Cap Number = $3.5 million-375k = $3.1 million
Santana Moss, 2011 Cap Number = $3.2 million-375k = $2.9 million
Jabar Gaffney, 2011 Cap Number = $2.4 million-375k = $2.0 million
Donte Stallworth, 2011 Cap Number = $1 million
Kellen Clemens, 2011 Cap Number = $0.8 million

Total as of July 28 = $18.5 million[/INDENT]
5. [B]Salary Cap space, July 28, 2011 [/B]=[B]$23.3 million[/B]
6. UPDATED [URL="http://www.macsfootballblog.com/2011/07/2011-year-one-rookie-allocation-numbers.html"]value of rookie pool[/URL] = $5.925 to $6.675 million
7. Total range for max FA cap room (and to satisfy cash expenditure requirement = [B]$16.7 million[/B]

This is an updated figure which subtracts allocated rookies. In the process of adding in the contracts the Redskins have made over last few days!

[B]At conclusion of 2011 league year:[/B]

-14 contracts expire, headlined by Fletcher and Kemoeatu
- Value of 14 "futures" contracts at $.38 MM per: $5.3 million
- Total cap value of expired contracts is $22 million, lead by 7.1 from Fletcher
- Plus rough 30% increase on remaining $28 million team salary = $8.4 mil in contract raises

[B]-Net estimate cap relief from books after 2011 season[/B] (assumes no FA activity, signing of draft picks): [B]$8.3 million[/B][/QUOTE]

Re: Redskins 2012 Salary Cap Status
 

Good job GTripp. I'll get some new 2012 cap sheets posted soon.

Re: Redskins 2012 Salary Cap Status
 

Thanks guys

Re: Redskins 2012 Salary Cap Status
 

Updated as of 1/18

[url]http://www.thewarpath.net/WarpathRedskinsCap.htm[/url]

Re: Redskins 2012 Salary Cap Status
 

I would cut Hall, Brown and Sellers of the bat.

Re: Redskins 2012 Salary Cap Status
 

agreed or cut brown & sellers and restructure hall if we can't get a better replacement

Re: Redskins 2012 Salary Cap Status
 

[quote=VTSkins1961;877638]agreed or cut brown & sellers and restructure hall if we can't get a better replacement[/quote]

I agree with Brown and Sellers, but what to do with Hall is a tough question. I would be in favor of cutting him but who do you bring in? We already need to draft 1 CB to play nickle at the very least, cant draft 2 and have limited depth already. Do you give a big contract to Grimes? maybe, but I dont think ATL is letting him go. I wouldnt consider any other FA on long term deals.

You have to remember the Laron situation as well, I think you deal with that before you deal with Hall. I certainly wouldnt go expensive, long term with Laron, but he has a very high ceiling compared to the other FA at this point. The draft is limited at safety this year, but you could find a mid round value.

Re: Redskins 2012 Salary Cap Status
 

[quote=Chico23231;877653]I agree with Brown and Sellers, but what to do with Hall is a tough question. I would be in favor of cutting him but who do you bring in? We already need to draft 1 CB to play nickle at the very least, cant draft 2 and have limited depth already. Do you give a big contract to Grimes? maybe, but I dont think ATL is letting him go. I wouldnt consider any other FA on long term deals.

You have to remember the Laron situation as well, I think you deal with that before you deal with Hall. I certainly wouldnt go expensive, long term with Laron, but he has a very high ceiling compared to the other FA at this point. The draft is limited at safety this year, but you could find a mid round value.[/quote]Taken from Evan Silva's [URL="http://rotoworld.com/articles/nfl/39667/59/nfl-free-agent-master-list?pg=1"]indispensable rotoworld article[/URL]:

[quote]Cornerbacks

Brent Grimes
Cortland Finnegan *
Brandon Carr
Carlos Rogers
Terrell Thomas
Rashean Mathis
Aaron Ross
Eric Wright
Richard Marshall
Tracy Porter
Marcus Trufant
William Gay
Tim Jennings
Jason Allen
Kelvin Hayden
Kelly Jennings
Justin Tryon
Corey Graham
Pacman Jones
Zackary Bowman
Will Allen
Benny Sapp
Dimitri Patterson
Ronde Barber
Alan Ball
Phillip Buchanon
Patrick Lee
Jonathan Wilhite
Elbert Mack
Donald Strickland
Justin King
Michael Coe
David Jones
Reggie Corner
Roderick Hood
Travis Daniels
Cletis Gordon
Frank Walker
Will Blackmon
Brandon McDonald
Leigh Torrence
Anthony Madison[/quote]

I would imagine of all the defensive positions the Redskins are likely to draft at, corner and safety are among the most likely.

There are about nine guys on that list at the top (eight minus Rogers) who would be intriguing options opposite Josh Wilson, and about half this list would be a nice upgrade over what Hall offers. For six million dollars of used cap space, that is:

The league against DeAngelo Hall, QB passer rating (on passes where Hall is targeted):

2010 - 105.8
2011 - 100.4

Re: Redskins 2012 Salary Cap Status
 

Ray Ray Armstrong as Safety in the 3rd/4th.

Re: Redskins 2012 Salary Cap Status
 

i'd love grimes... marshall or rogers would be good too, or drafting claiborne. If it looks like none of those are happening (and marshall is really a value signing more than a true #1), then hall is probably back.

Re: Redskins 2012 Salary Cap Status
 

Good Stuff GTripp! Thanx for the effort...............

Re: Redskins 2012 Salary Cap Status
 

[quote=GTripp0012;877657]Taken from Evan Silva's [URL="http://rotoworld.com/articles/nfl/39667/59/nfl-free-agent-master-list?pg=1"]indispensable rotoworld article[/URL]:





The league against DeAngelo Hall, QB passer rating (on passes where Hall is targeted):

[B]2010 - 105.8
2011 - 100.4[/B][/quote]

That about sums up the Redskins shut down corner. There are some upgrades on that list if they can pull it off. I'd like someone coming from a team that has a culture of winning a la Ross from Giants

Re: Redskins 2012 Salary Cap Status
 

How bout Ladarius Webb from the Ravens???

Re: Redskins 2012 Salary Cap Status
 

Sorry, I'm a little dumb with this cap space stuff. So how much will we have going into free agency in March?

Re: Redskins 2012 Salary Cap Status
 

Terrell Thomas is probably the best CB from the list, big physical and good cover, unfortunately he gets hurt quite a bit.

Re: Redskins 2012 Salary Cap Status
 

If we don't draft Claiborne then I'd go for Webb or Grimes and am starting to come around to the Dwayne Bowe playing for us theory. Him or Vincent Jackson.

Re: Redskins 2012 Salary Cap Status
 

[quote=chrisl13;877972]Sorry, I'm a little dumb with this cap space stuff. So how much will we have going into free agency in March?[/quote]$38 million is what the Redskins have right now, but that's a bit misleading because of all their free agents.

They have about $15 or $16 million with which to improve the team and about an additional $30 million in salary flexibility with players on their own roster.

Re: Redskins 2012 Salary Cap Status
 

[quote=EARTHQUAKE2689;877991]If we don't draft Claiborne then I'd go for Webb or Grimes and am starting to come around to the Dwayne Bowe playing for us theory. Him or Vincent Jackson.[/quote]Lardarius Webb is a restricted free agent.

Re: Redskins 2012 Salary Cap Status
 

[URL="http://fanspeak.com/washingtonredskins/2012/01/19/where-the-redskins-stand-with-their-salary-cap/"]http://fanspeak.com/washingtonredskins/2012/01/19/where-the-redskins-stand-with-their-salary-cap/[/URL]

"According to The Warpath.net the Redskins have a projected cap commitment next year of $82.75 million. Now even the Warpath.net will admit that their numbers aren’t official, but they do an excellent job of finding the information out from news reports and various other sources, and next to having access to the league’s official cap numbers it is about as good as you are going to get. Now I cross checked their numbers with other sources such as Rotoworld (which doesn’t always give the cap numbers and you need to guesstimate a lot) and Sportrac, and the Warpath numbers looked to be on in just about every case. So while they could be slightly off their numbers seem to be close enough to the mark to evaluate."

:embarrass

Re: Redskins 2012 Salary Cap Status
 

Go on brush your shoulders off, CC.

Re: Redskins 2012 Salary Cap Status
 

seriously, you're the reason i joined this board. thank you!

Re: Redskins 2012 Salary Cap Status
 

1/29 update is now up

Re: Redskins 2012 Salary Cap Status
 

other than fletcher, i'm not particularly interested in bringing back any of our free agents.

Re: Redskins 2012 Salary Cap Status
 

[quote=Mattyk;880528]1/29 update is now up[/quote]

I've verified all the salaries and they are up to date. Will continue to tweak the bonus amounts as new info becomes available. But the bulk of this should be pretty accurate.

Re: Redskins 2012 Salary Cap Status
 

i really don't see much of a problem with jammal brown's contract

Re: Redskins 2012 Salary Cap Status
 

How far were we below for 2011?

Re: Redskins 2012 Salary Cap Status
 

[quote=biffle;880725]How far were we below for 2011?[/quote]

Very little.

Re: Redskins 2012 Salary Cap Status
 

[quote=biffle;880725]How far were we below for 2011?[/quote]

According to Tandler we might have up to $11.9M to carry over to next year:
[url=http://www.realredskins.com/rich-tandlers-real-redsk/salary-cap/]Rich Tandler's Real Redskins: Salary cap[/url]

"The new CBA allows teams to carry over unused cap money from one season to the next. According to our sister site Pro Football Talk, the Redskins had $11.9 million in cap space as of Nov. 20. They have eaten into a little of that with some injury replacements and some other roster moves but they still have almost all of it. So if the 2012 salary cap is $125 million as it is projected to be now, the Redskins will have almost $137 million to spend in 2012."

According to my records we had very little if any cap room at the end of 2011. We might get a small credit but I'd be very surprised if it was anywhere near $11.9M.

Re: Redskins 2012 Salary Cap Status
 

[quote=CrazyCanuck;880744]According to Tandler we might have up to $11.9M to carry over to next year:
"The new CBA allows teams to carry over unused cap money from one season to the next. According to our sister site Pro Football Talk, the Redskins had $11.9 million in cap space as of Nov. 20. They have eaten into a little of that with some injury replacements and some other roster moves but they still have almost all of it. So if the 2012 salary cap is $125 million as it is projected to be now, the Redskins will have almost $137 million to spend in 2012."

According to my records we had very little if any cap room at the end of 2011. We might get a small credit but I'd be very surprised if it was anywhere near $11.9M.[/quote]

That's why I asked. I have read stuff like what you just quoted about big numbers we were under, but when I looked at actual figures, I would see far less. I have been going with a slightly educated assumption that the carryover would be about 4 mil. But I have no reason to have any confidence in a number like that.

Re: Redskins 2012 Salary Cap Status
 

[quote=biffle;880747]That's why I asked. I have read stuff like what you just quoted about big numbers we were under, but when I looked at [B]actual figures[/B], I would see far less. I have been going with a slightly educated assumption that the carryover would be about 4 mil. But I have no reason to have any confidence in a number like that.[/quote]

What actual figures are you referring to? The cap numbers on this site are estimates based on information from different sources. It's normal to be off by a mill or two, but a $12M discrepency seems large. Of course it's possible, but your educated assumption of $4M is probably closer to reality.

Re: Redskins 2012 Salary Cap Status
 

[quote=CrazyCanuck;880759]What actual figures are you referring to? The cap numbers on this site are estimates based on information from different sources. It's normal to be off by a mill or two, but a $12M discrepency seems large. Of course it's possible, but your educated assumption of $4M is probably closer to reality.[/quote]

LOL. OK, "actual figures" was a bad choice of words, since I have no access to those. I was referring to what this site shows, and I've seen a couple of other sites that do similar estimates. So I was referring to a kind of mash up of all those (with this site's being the best, imo).

Re: Redskins 2012 Salary Cap Status
 

I recall when reconciling to other sites in the past that CC's numbers reconcile closely with numbers put out there by JI Halsell, the former Redskins salary cap analyst under Cerrato. There were other sites tracking salary cap information by player, PCinOZ for one did a particularly good job and also reconciled closely with Halsell. But CC's numbers here varied a tad from PCinOZ in that the Warpath figures tied more closely in the bonus allocations based on publicly available information. PCinOZ made more assumptions on those allocations, whereas CC typically found the articles - often put out by John Clayton - detailing bonus terms.

In short, if you see a large discrepancy between this site and another quoted figure, this site is usually closer to correct. Neither the NFL nor the Redskins as a franchise release their official salary cap status. This site is the best for it. Tandler is a solid journalist by all accounts, but journalists usually don't carry strong accounting or financial analysis skill sets. He's not going to be able to explain the variance, and I doubt his source can either.

Re: Redskins 2012 Salary Cap Status
 

[quote=Schneed10;880770]PCinOZ for one did a particularly good job and also reconciled closely with Halsell.[/quote]

Actually I've been reconciling my sheets to PCinOz's over the last couple days. I've gone thru about 75% so far and we match up pretty well across the board. Will do another update in the coming days.

Re: Redskins 2012 Salary Cap Status
 

How many years can signing bonuses be amortized for under the new CBA? I have never been able to find that info.

Re: Redskins 2012 Salary Cap Status
 

[quote=biffle;883778]How many years can signing bonuses be amortized for under the new CBA? I have never been able to find that info.[/quote]

Under the old CBA you could amortize signing bonuses over the life of the contract, up to a max of 7 years. As the old CBA came closer to expiration, the max amort period was reduced from 7 yrs to 6 and then 5.

I haven't seen anything in the new CBA that changes the old rules so I'm assuming the max amortization period is back to 7 years.

Re: Redskins 2012 Salary Cap Status
 

[quote=CrazyCanuck;883780]Under the old CBA you could amortize signing bonuses over the life of the contract, up to a max of 7 years. As the old CBA came closer to expiration, the max amort period was reduced from 7 yrs to 6 and then 5.

I haven't seen anything in the new CBA that changes the old rules so I'm assuming the max amortization period is back to 7 years.[/quote]

Actually, it was 6 under the last CBA and 5 in one year of it, I believe.

I have heard people say that it is 5 years under the new CBA, but not from anyone that I would put all my faith in.

EDIT: I e-mailed Andrew Brandt and he answered that it is 5 years under the new CBA.

Re: Redskins 2012 Salary Cap Status
 

2/8 update is up

Re: Redskins 2012 Salary Cap Status
 

[quote=biffle;883858]EDIT: I e-mailed Andrew Brandt and he answered that it is 5 years under the new CBA.[/quote]

Ok duly noted... thanks.

Re: Redskins 2012 Salary Cap Status
 

[quote=Mattyk;883888]2/8 update is up[/quote]

Thanks Matty.

I tweaked a bunch of the bonus info in this update. No major changes though.

I have us at $36M of cap room. But I still hear the $13.4M credit number floating around. Seems high to me but the more I hear it the more likely it is I guess.

If you add in the $13.4M credit it would bring our cap room to about $49M.

Re: Redskins 2012 Salary Cap Status
 

[quote=CrazyCanuck;883973]Thanks Matty.

I tweaked a bunch of the bonus info in this update. No major changes though.

I have us at $36M of cap room. But I still hear the $13.4M credit number floating around. Seems high to me but the more I hear it the more likely it is I guess.

If you add in the $13.4M credit it would bring our cap room to about [B]$49M[/B].[/quote]

WOW, that would be ridiculous, spend wisely.