Salary Cap Analysis

[Lawyer Bill]

No! Ok? Just No!

[Schneed10]

Originally Posted by Lawyer Bill

No! Ok? Just No!

You add NOTHING to these message boards. I wish banishment upon you. If only one of the Mod Gods would heed my prayer...

[TheMalcolmConnection]

If only I could have banning power. God knows I'm on here often enough to know who is causing problems.

[JoeRedskin]

Originally Posted by TheMalcolmConnection

If only I could have banning power. God knows I'm on here often enough to know who is causing problems.

Riiigggghhhht. Like we could trust a drunken fool like you with such power.

See, right there - Bam - banned just for calling it as i see it.

[dmek25]

instead of only 4 years to pro rate salaries,you could jack up the players salary to say,10 million for the uncapped year instead of giving a bonus without any problems?

[That Guy]

Originally Posted by dmek25

instead of only 4 years to pro rate salaries,you could jack up the players salary to say,10 million for the uncapped year instead of giving a bonus without any problems?

if you make the playoffs your ability to get free agents is seriously impaired and there's some 30% salary increases and such to prevent that.

If you don't make the playoffs I think you can, during the uncapped year, sign the huge SB/one year salaries and have trailing years of vet min...

[TheMalcolmConnection]

Football season is over. My drinking at noon days are done until fall.

[shallyshal]

Originally Posted by Schneed10

Salary Cap $ Scheduled in 2006: $109.6 million
Expected NFL Salary Cap Limit: $93 million

Expected Cuts - Cap Savings:
Brandon Noble - $1.7 million
Walt Harris - $2 million
Matt Bowen - $2 million
Corey Raymer - $1 million
Antonio Brown - $450,000
Jimmy Farris - $450,000
Derrick Frost - $450,000
Total Cap Savings from Cuts: $8 million

Salary Cap $ Scheduled in 2006 after Cuts: $101.6 million

Expected Trades/Post June 1 Cuts - Cap Savings
Patrick Ramsey - $2.2 million
Lavar Arrington - $7 million
Total Cap Savings from Trades/Post June 1 Cuts: $9.2 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts: $92.4 million

Roster Bonuses Restructured - Cap Savings

(assuming 2006 roster bonuses are restructured to become signing bonuses pro-rated for the remaining length of the current contract)

Sean Taylor: $1.8 million
Clinton Portis: $2.5 million
Casey Rabach: $1.5 million
Shawn Springs: $2.5 million
Cornelius Griffin: $2.0 million
Marcus Washington: $1.9 million
Chris Samuels: $3.7 million
Total Cap Savings from Roster Bonus Restructures: $15.9 million

Salary Cap $ Scheduled in 2006 after Cuts, Trades, Post June 1 Cuts, and Roster Bonus Restructures: $76.5 million

Projected Cap: $93 million

Expected Cap Room for Signing Free Agents, Draft Picks, and any Contract Extensions beyond Roster Bonus Restructures: $16.5 million

good analysis

[MTK]

ugh here we go again

[Schneed10]

PS - 56fanatic, I don't want to rehash this entire argument again. I think it's great that you have a general understanding of how the salary cap works, but the important thing is to understand how those principles apply to the Redskins. The only way this discussion gets anywhere is if we take a look at the Redskins cap projections. If you want them to stop renegotiating bonuses, you must have an idea of when the cap consequences will come due. When?

[That Guy]

new cba would only spike if lots of new revenue came in (new tv contract etc, a couple luxury boxes aren't the same thing). and post 2006 in a capless NFL you WOULD have limits on getting players and spending if you ever made the playoffs.

[TheMalcolmConnection]

You mean where the beer flows like wine and the women instinctively flock like the salmon of Capistrano.

[Schneed10]

I need to clarify my last post because I just realized I misread some things. The $5.8 billion actually represents all NFL revenues. The owners have agreed to share all football-related revenues, but that does not necessarily include some of the local business revenues that teams currently bring in. So the owners have not yet agreed how much of the $5.8 billion they're willing to share. Owners like Snyder and Jones want to share less, and these high revenue clubs are holding firm in their belief that local revenues should belong to them.

Sounds like not all of the $5.8 will be eligible for sharing with the players. The projections in my prior post will not likely come out that high. Tough to say what it will look like.

[CrazyCanuck]

My understanding is that they're arguing on 2 points:

1. Which revenues should be included in total football revenues, AND what % of these should go to the players.

2. Which revenues should be shared between teams.

While #2 seems more of an internal matter, #1 will have a more direct effect on the cap. I don't see the players agreeing to anything unless they get a real raise in dollar terms. So simply increasing the pie won't be enough. The new % of the new pie will have to represent a raise over the current % of the current pie.

So under this assumption, I'd expect a new CBA to allocate more dollars directly to the players, which in turn would raise the salary cap.

[CrazyCanuck]

Celts posted the CBS article in the newswire, figured I'd include it here.

Originally Posted by celts32

http://www.sportsline.com/nfl/story/9241944

By Pete Prisco
CBS SportsLine.com Senior Writer
Tell Pete your opinion!

How would you like to be Eric Schaffer, the cap man for the Washington Redskins? Your boss is the combustible Dan Snyder and your cap is a mess, so much so that two cap experts from other teams who looked at it say it's as bad as they've seen.

We pity poor Schaffer, who isn't to blame. It's not his fault Snyder throws money around as if he prints it, snubbing the reality that cap jail will eventually swallow his team whole.

"I'm glad I'm not Eric," said one of the cap experts. "That thing is a mess."

According to NFLPA figures, the Redskins have $115.4 million committed in salary for their top 51 players in 2006. The cap is expected to be $92 to $95 million. That means they have to trim $20 million or so. And that's not counting the $2 million or so the team will need to sign its rookies (thankfully, they don't have a first-round pick to pay, or that would be higher).

The Redskins have done a decent job trimming their cap down in recent years, but this time it might not be possible -- certainly not without a new collective bargaining agreement. A new agreement could help relieve some of the cap problems, but even with one, the Redskins face a daunting task.

"If they reduced everybody to a veteran minimum, and that won't happen, they'd still be $4 million over the cap," said one of the cap experts. "That's before cutting anybody."

So how did it get this bad? The Redskins have paid out big money deals under Snyder, and some of them have blown up in the team's face, leading to the chase factor. You chase bad deals with more bad deals to compensate.

Thus, they have trouble.

When room got tight in the past, they extended players' deals to create room, spreading bonus amortization out over the years. Eventually, though, it becomes time to pay the piper.

That time is now.

Compare the Redskins' plight to a family that keeps putting off paying the credit card balance by paying minimums.

"All the deals, all the overpaying for years and moving money into future years has caught up to them," said the cap expert. "Last year they had to move $7 million in money into future years. That catches up to you at some point."

One cap expert said the Redskins might be forced to let good players walk, and could be forced to field a team with as many as 20 rookies -- or more.

If there's a new CBA, the Redskins might be able to get out from under the cap troubles a little easier, although it still will be a lot of work.

"Can you imagine the dynamics of what Schaffer is going through?" one cap expert said. "He has to go to Snyder and Joe Gibbs and tell them they have to cut players. That has to be ugly,"

Cap hell. It's as ugly as it gets in the NFL, and it's a jail that's hard to get paroled out of.

Still think the Redskins will be a playoff contender?

Joe Gibbs has his work cut out for him this season. Maybe auto racing never looked so good.