Redskins 2012 Salary Cap Status

[Schneed10]

Originally Posted by SBXVII

I guess my source was wrong. I was told that after the new CBA apparently Allen and Co. found that the bonuses don't count against the CAP. In other words we sign a guy to a 5 yr 10 mill with a signing bonus of 7 mill..... the 7 mill would not count against our CAP and basically only the 5yr 10mill would which is 2 mill for this year. I was told that is how we were able to sign the players we got after the league took our 18mill leaving us with 18mill to play with.

It made sense because I couldn't figure out how we had not gone over our limit already.

The basic tenant of the salary cap is that on your salary cap books, you have to account for any money you actually pay to a player.

So if you pay out a base salary, you must account for 100% of it that year. If you pay out a signing bonus, you must account for it over the life of the contract.

There is no way you can avoid recognizing on the cap any funds you actually pay to a player.