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#1 |
The Starter
Join Date: Aug 2007
Location: Montgomery, AL
Posts: 1,544
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Redskins Restructure Moss Deal
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#2 |
The Starter
Join Date: Aug 2007
Location: Montgomery, AL
Posts: 1,544
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re: Redskins Restructure Moss Deal
Maybe freeing up money for Greg Ellis?
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#3 |
\m/
![]() Join Date: Feb 2004
Age: 52
Posts: 99,741
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re: Redskins Restructure Moss Deal
Or to offset the Jansen hit. I thought this was already done?
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#4 |
The Starter
Join Date: Aug 2007
Location: Montgomery, AL
Posts: 1,544
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re: Redskins Restructure Moss Deal
That is true but this is my first time hearing about it
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#5 |
Impact Rookie
Join Date: Jan 2006
Posts: 684
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re: Redskins Restructure Moss Deal
The Junkies said this already happened, maybe update the thread title? Perfect offset for the Jansen move showing our front office's superb cap crunching ability as always.
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#6 |
Playmaker
Join Date: Apr 2006
Location: Newport News,Virginia
Age: 60
Posts: 4,495
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re: Redskins Restructure Moss Deal
New Santana Moss Deal Offsets Jansen Cap Charge
Posted by Mike Florio on June 2, 2009, 8:43 p.m. A league source tells us that the Washington Redskins quietly extended the contract of receiver Santana Moss last month, creating nearly the same amount of cap space that was burned up when tackle Jon Jansen recently was cut. Per the source, the Redskins converted his base salary of $3.7 million in 2009 and $4.3 million in 2010 into a signing bonus, less salaries of $745,000 this year and $968,500 next year. The difference is a guaranteed payment of $6.28 million. The new deal adds three additional seasons beyond 2010, at base salaries of $1.192 million in 2011, $1.4155 million in 2012, and $1.639 million in 2013. But we’re told that the three new years automatically void at the end of the 2010 season. So why were the new years added? To allow the guaranteed payment to be spread over five years. As a result, the total cap savings was $1.7477 million. And the Jansen cap charge was $1.726 million. There also was a benefit for Moss; he received all of his 2009 pay and most of his 2010 compensation now. http://www.washingtontimes.com/weblo...l-pays-jansen/
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"There's no greater feeling than moving a man from Point A to Point B, against his will." #68 THANKS COACH GIBBS FOR EVERYTHING! YOUR THE MAN AND ALWAYS WILL BE! Last edited by skinsfan_nn; 06-03-2009 at 08:51 PM. |
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#7 |
Impact Rookie
Join Date: Sep 2005
Location: New Orleans, LA- via VA
Age: 47
Posts: 710
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re: Redskins Restructure Moss Deal
Sounds pretty savvy on both parties.
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Hail to The REDSKINS |
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#8 |
Uncle Phil
Join Date: Feb 2004
Posts: 45,256
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re: Redskins Restructure Moss Deal
This thread title is wrong. The title in the link is Rosenhaus: Redskins Want to Win, Restructure Moss Deal
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You're So Vain...You Probably Think This Sig Is About You |
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#9 | |
Living Legend
Join Date: Jan 2008
Posts: 22,368
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re: Redskins Restructure Moss Deal
Quote:
- The importance of using the "Check if already posted" button - Links to Articles: Because you don't need to post the whole damn thing - Golston, Rogers, Doughty and other players' names that get misspelled - Misleading thread titles - The Quote button: So people know what post you are replying to - Taking any Mike Florio article with grain of salt LOL. ![]()
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R.I.P. #21 |
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#10 |
Uncle Phil
Join Date: Feb 2004
Posts: 45,256
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re: Redskins Restructure Moss Deal
I guess I should edit the title of this thread
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You're So Vain...You Probably Think This Sig Is About You |
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#11 |
Impact Rookie
Join Date: Feb 2006
Location: Boone, NC
Posts: 579
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Re: Redskins Restructure Moss Deal
I wish that free space was more for signing an RT than making their money back.
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