Redskins 2012 Salary Cap Status

[GTripp0012]

I can assure the accuracy of this $35.25 number reconciled with the official NFL report from yesterday.

There will be no accounting for the $36 million penalty here because the Redskins can just pay whatever remains on their 2012 cap (if the penalty stands at all). That will be a big part of the 2013 cap analysis though if it stands.

**UPDATED (March 12, 2012)** Redskins 2012 Salary Cap Info

2012 Salary Cap Situation
1. Salary Cap Projection = $124 million $120.375 million $120.6 million <-- Small salary cap increase
2a. Number of players under contract for the Redskins = 47 56 54
2b. Redskins Cap Number, March 2 2012 = $86.3 million $93.1 million
2c. Difference between adjusted 2012 cap number and projected cap = $27.5 million
2d. Redskins 2011 Salary Cap Rollover = $13 million
3. Salary Cap space, February 2012 + cap rollover = $40.5 million

4. Potential player releases from $90 million cap number (plus 390k UDFA val):

DeAngelo Hall, $6.2 million-390k = $5.8 million net gain
O.J. Atogwe, $4.0 million-390k = $3.6 million net gain CONFIRMED
Jammal Brown, -$650k-390k = -$1.04 million [net loss]
John Beck, $1 million-390k = $0.6 million net gain
Mike Sellers, $925k-390k = $0.55 million net gain CONFIRMED
Reed Doughty, $1.15 million-390k = $0.76 million net gain
Santana Moss, $484k-390k = $0.1 million net gain
Chris Cooley, $2.07 million-390k = $1.68 million net gain

Total = $13.94 million retrievable

4b. Actual Cap Retrieved from Player Releases/Restructures: $4.15 million

5. Space for potential releases PLUS existing cap space = $55.84 million available (does not include June 1 release flexibility)

6a. Rule of 51 = 4 contracts at league min (390k) = $1.56 million <--the Redskins now have more than 51 players under contract
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)

Graham Gano, 2012 Cap Number = $0.54 million-390k = $0.15 million

Total as of January 17 = $150k

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

Kory Lichtensteiger, 2012 Cap Number = $1.875 million-390k = $1.5 million (projected 2nd round tender) $1.2 million-390k = $0.81 million (original round (4th) tender) CONFIRMED
Byron Westbrook, 2012 Cap Number = $1.2 million-390k = $0.825 million (projected low tender) <-- Rich Tandler reports Redskins will not offer RFA tender to Westbrook

Total as of March 11 = $0.81 million

6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (390k per):

London Fletcher, 2011 Cap Number = $5.67 million-390k = $5.28 million
Fred Davis, 2011 FRANCHISE TENDER = $5.446 million-390k = $5.056 million CONFIRMED
Will Montgomery, 2012 Cap Number = $3.5 million-390k =$3.11 million CONFIRMED
Adam Carriker, 2011 Cap Number = $3.25 million-390k = $2.86 million
Tim Hightower, 2011 Cap Number = $1.5 million-390k = $1.11 million
Darrion Scott, 2012 Cap Number = $650k-$390k =$260k

Rex Grossman
Rocky McIntosh
Kedric Golston
Donte Stallworth
David Anderson
Sean Locklear
Phillip Buchanon
Keyaron Fox
Byron Westbrook <-- added

PROJECTED Total as of January 17 = $20.085 million <--Removed Landry's projection
PROJECTED Total as of March 2 = $18.911 million March 11 = $18.636 million
ACCUMULATED Total as of March 2 = $9.489 million March 11 = $9.386 million

6f. Accumulated re-signings = $9.386 million

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

8. Salary Cap space after projected re-signings, March 12, 2012 =$26.05 million
Actual salary cap space as of March 12, 2012 (minus allowances for tenders including TE franchise tag): $35.25 million