Current Redskins Salary Cap Status - 2009

[Schneed10]

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.

In short, the numbers in the table below illustrate that the Redskins are $9.4 million under the cap as of Saturday March 7th, 2:00 PM. The moves listed below illustrate how The Warpath expects the team to operate in the offseason.

Numbers presented below are in millions:

Current Status - Updated Saturday March 7th, 2:00 PM
2009 Cap Fees for Redskins' Top 51: $107.5
2009 Redskins Dead Cap Money: $11.5
2009 Redskins Cap Total: $119.0
2009 Redskins Salary Cap Limit: $128.4
Current 2009 Redskins Cap Room: $9.4 million

Expected Signings - savings(hit)
Other Offensive Lineman ($3.5)
DL or LB ($2.0)
Phillip Daniels ($2.0)
Pete Kendall ($1.5)
Khary Campbell ($1.0)
Rookies ($2.5)
Players Removed from Top 51 $3.3
Total Expected Signings ($9.2)
Warpath’s Projected 2009 Redskins Cap Room: $0.2 million

Other Ways to Reduce the Cap Number:
·Cut or trade Casey Rabach (clear another $2.3 million)
·Cut or trade James Thrash (clear another $0.85 million)

Summary of Executed Transactions:

Andre Carter: $0.83 Expected Savings, $2.4 Actual Savings
Carter was extended as opposed to a simple restructure as expected.

Antwaan Randle El: $0.59 Expected Savings, $2.0 Actual Savings
Randle El was extended as opposed to a simple restructure as expected.

Ethan Albright: Signed to a one-year contract for veteran minimum as expected.

Marcus Washington: $4.5 Expected Savings, $4.5 Actual Savings
Washington was released as forecasted.

Chris Samuels: $0 Expected, $2.4 Actual Savings
Samuels was extended, adding a team option to pick up the 2011-14 years.

Cornelius Griffin: $2.0 Expected Savings, $2.3 Actual Savings
Griffin was extended as expected, but the cap savings were greater than anticipated.

Anthony Montgomery: ($1.0) Expected Hit, ($1.0) Actual Hit
Tendered as expected.

Kedric Golston: ($1.0) Expected Hit, ($1.5) Actual Hit
Tendered as expected.

Shaun Suisham: ($1.0) Expected Hit, ($1.0) Actual Hit
Tendered as expected.

Phillip Daniels: $2.0 Expected Savings, $2.3 Actual Savings
Contract voided as expected.

Albert Haynesworth: ($7.0) Expected Hit, ($7.0) Actual hit
Signed as forecasted.

DeAngelo Hall: ($4.0) Expected Hit, ($5.2) Actual Hit
Re-Signed as forecasted.

Shawn Springs: $0 Expected, $6.0 Actual Savings
Springs was released, presumably to allow cap space for offensive line recruitment.

Derrick Dockery: ($3.5) Expected Hit, ($3.2) Actual Hit
Dockery was signed to a contract similar to that of Fred Smoot. Welcome home, 66.

Jason Taylor: $0 Expected, $8.5 Actual Savings
Taylor was released after he and the team apparently couldn't come to an agreement on a restructured deal.

Dirk Johnson: $0.46 Actual
Signed.

Washington Redskins Rookie Pool Allotment:
When available, the rookie pool will be posted here.

Cap status updated as of Saturday March 7th, 2:00 PM.