Redskins 2011 Salary Cap Status

[MTK]

Rookie deals are definitely much more reasonable now. They were way outta hand before.

[skinster]

Thanks CrazyCanuck. IMO your sheets are the reason why this is the best forum around.

[Schneed10]

Originally Posted by skinster

Thanks CrazyCanuck. IMO your sheets are the reason why this is the best forum around.

A man after my own heart.

[Stacks42]

NFL.com Blogs » Blog Archive Updated cap space for all 32 teams «

[MTK]

9/5 update

http://www.thewarpath.net/WarpathRedskinsCap.htm

[artmonkforhallofamein07]

So we have roughly 38 mil in cap space in 2012? Have some players that we need to resign, but all in all we look good this off season.

[diehardskin2982]

I heard that we gain the additional space $$ on the cap of the amount we saved and didn't use this year. If this is true is it added in ur calculations?

[GTripp0012]

I did a lot of contract analysis this past week, and I'll update the top post for accuracy early this upcoming week. I'll also do a new thread once free agency starts.

[GTripp0012]

I will conservatively project this upcoming year's cap at $124 million.

**UPDATED (January 17, 2012)** Redskins 2012 Salary Cap Info

2012 Salary Cap Situation
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
3. Salary Cap space, January 2011 + exemption = $37.7 million

4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):

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

5. Space for potential releases PLUS existing cap space = $48.15 million available (does not include June 1 release flexibility)

6a. Rule of 51 = 4 contracts at league min (375k) = $1.5 million
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)

Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million

Total as of January 17 = $225k

6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)

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

6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):

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

6e. Combined (PROJECTED) Unresticted Free Agent Costs = $22.635 million

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

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

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.

[GTripp0012]

**UPDATED (January 17, 2012)** Redskins 2012 Salary Cap Info

2012 Salary Cap Situation
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
3. Salary Cap space, January 2011 + exemption = $37.7 million

4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):

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

5. Space for potential releases PLUS existing cap space = $48.15 million available (does not include June 1 release flexibility)

6a. Rule of 51 = 4 contracts at league min (375k) = $1.5 million
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)

Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million

Total as of January 17 = $225k

6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)

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

6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):

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

6e. Combined (PROJECTED) Unresticted Free Agent Costs = $22.635 million

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

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

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.

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

**UPDATED (July 28, 2011)** Redskins 2011 Salary Cap Info

Projected 2011 League Requirements
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 cash expenditure requirement (give or take $4 million)

Current Redskins salary cap info courtesy J.I. Halsell, via Rich Tandler.

Redskins 2011 Cash Requirement Situation
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:

Donovan McNabb, $11.1 million <-- confirmed
Albert Haynesworth, $5.4 million <-- confirmed
Ma'ake Kemoeatu, $3.8 million <-- confirmed
Casey Rabach, $3.0 million <-- confirmed
Artis Hicks, $2.1 million
Mike Williams, $1.8 million
Phillip Daniels, $1.0 million<-- confirmed
Mike Sellers, $0.55 million
Chad Simpson, $0.25 million <-confirmed, moving vet min to rook min
Jeremy Jarmon, $0.16 million <-confirmed, moving vet min to rook min

4. Realistic payroll "minimum" before free agency on Fri. Jul, 29: $47.90 million
5. Redskins Free Agent signings:

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

Total = $47.2 million

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

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

2011 Salary Cap Situation
1. Salary Cap plus Benefits exemption = $123 million
2. Redskins Cap Number, July 2011 = $93.3 million
3. Salary Cap space, July 2011 + exemption = $29.7 million
4. Potential player releases from $93.3 million cap number (plus 375k UDFA val):

Donovan McNabb, $4.75 million [net saved]-375k r51 <-- confirmed
Albert Haynesworth, $3.4 million [net saved]-375k 51 <-- confirmed
Ma'ake Kemoeatu, $2.5 million [net saved]-375k r51 <-- confirmed
Casey Rabach, $1.6 million [net saved]-375k r51 <-- confirmed
Phillip Daniels, $1.0 million [net saved]-375k r51 <-- confirmed
Mike Sellers, $0.55 million [net saved]
Chad Simpson, $0.25 million [net saved] <-confirmed, moving vet min to rook min
Jeremy Jarmon, $0.16 million <-confirmed, moving vet min to rook min
Sam Paulescu, $0.16 million <-confirmed, moving vet min to rook min
Andre Brown, $0.16 million <-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*

4. Redskins Free Agent signings, less UDFA rookie minimum (375k per):

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

5. Salary Cap space, July 28, 2011 =$23.3 million
6. UPDATED value of rookie pool = $5.925 to $6.675 million
7. Total range for max FA cap room (and to satisfy cash expenditure requirement = $16.7 million

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!

At conclusion of 2011 league year:

-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

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

[CrazyCanuck]

Good work GTripp. I moved your post to a new thread for 2012.