Redskins 2012 Salary Cap Status

[CrazyCanuck]

Good job. I have a few discrepencies:

- Gano's 2012 salary and cap hit is $615K.

- Monty's 2012 cap hit is $1.3M. His deal is 5 years not 4. Also seems the bonus he received was treated as signing bonus after all, so the $2.75M SB gets allocated at $550K per year for 5 years. So $700K salary + $550K cap bonus + $50K workout bonus = $1.3M.

- Carriker's 2012 cap hit is $3.95M. Apparently because of the player-out-clause, the whole $3M bonus has to be expensed in 2012. So his cap hit is $700K sal + $3M bonus + $250K workout bonus = $3.95M. Thanks to PCinOZ for this info.

- Grossman's salary is $920K but he qualifies for vet min ($540K). So his cap hit is $540K sal + $65K signing bonus = $605K.

- Scott's salary and cap hit is $700K.

- I have Garcon's cap hit at $4.7M including a $400K roster bonus.

- Meriweather's 2012 salary is actually $1.45M so his cap hit is $1.85M. (don't mean to nitpick)

[GTripp0012]

Originally Posted by CrazyCanuck

Good job. I have a few discrepencies:

- Gano's 2012 salary and cap hit is $615K.

- Monty's 2012 cap hit is $1.3M. His deal is 5 years not 4. Also seems the bonus he received was treated as signing bonus after all, so the $2.75M SB gets allocated at $550K per year for 5 years. So $700K salary + $550K cap bonus + $50K workout bonus = $1.3M.

- Carriker's 2012 cap hit is $3.95M. Apparently because of the player-out-clause, the whole $3M bonus has to be expensed in 2012. So his cap hit is $700K sal + $3M bonus + $250K workout bonus = $3.95M. Thanks to PCinOZ for this info.

- Grossman's salary is $920K but he qualifies for vet min ($540K). So his cap hit is $540K sal + $65K signing bonus = $605K.

- Scott's salary and cap hit is $700K.

- I have Garcon's cap hit at $4.7M including a $400K roster bonus.

- Meriweather's 2012 salary is actually $1.45M so his cap hit is $1.85M. (don't mean to nitpick)

I was going to ask you about both those things, particularly the vet exemption on Grossman because it seemed weird that you would have him down below the vet minimum for a player with 9 accrued seasons on your cap sheet. My Grossman # was a guesstimate based off the vet minimum and signing bonus.

I read that Carriker thing in the CBA two nights ago and it didn't really make a lot of sense to me why the Redskins would do that when they're writing all these five year deals that void after two, so I didn't adjust. But your number on him makes more sense than mine after having read that. Still doesn't really pass the logic test though.

I always have a hard time finding out which league year roster bonuses are in, so most discrepancies between my numbers and NFLPA data has to do with roster bonus placement.

I'll correct everything in a subsequent post.

[CrazyCanuck]

Originally Posted by GTripp0012

I was going to ask you about both those things, particularly the vet exemption on Grossman because it seemed weird that you would have him down below the vet minimum for a player with 9 accrued seasons on your cap sheet. My Grossman # was a guesstimate based off the vet minimum and signing bonus.

I read that Carriker thing in the CBA two nights ago and it didn't really make a lot of sense to me why the Redskins would do that when they're writing all these five year deals that void after two, so I didn't adjust. But your number on him makes more sense than mine after having read that. Still doesn't really pass the logic test though.

I always have a hard time finding out which league year roster bonuses are in, so most discrepancies between my numbers and NFLPA data has to do with roster bonus placement.

I'll correct everything in a subsequent post.

- Grossman - his salary is $920K and his contract seems to meet the criteria for vet min exemption (1 year deal, small signing bonus, etc.). So makes sense I think.

- Ya I noticed the Carriker item on PC's sheets, then it was discussed further in the Yahoo capologists group. A few capologists agree this is the proper accounting method. Though I agree it seems strange considering how they've constructed other recent deals.

- NFLPA only gives salary info. Signing bonus and roster bonus info is always harder to come by. Generally I start with the salary data, then try to fill in the blanks from there.

[GTripp0012]

Originally Posted by CrazyCanuck

- Grossman - his salary is $920K and his contract seems to meet the criteria for vet min exemption (1 year deal, small signing bonus, etc.). So makes sense I think.

- Ya I noticed the Carriker item on PC's sheets, then it was discussed further in the Yahoo capologists group. A few capologists agree this is the proper accounting method. Though I agree it seems strange considering how they've constructed other recent deals.

- NFLPA only gives salary info. Signing bonus and roster bonus info is always harder to come by. Generally I start with the salary data, then try to fill in the blanks from there.

It's all good stuff. I waited like a week to do an update, because I couldn't get confirmation on any of the relevant numbers. How often does the NFLPA typically update it's salary records?

[CrazyCanuck]

Originally Posted by GTripp0012

It's all good stuff. I waited like a week to do an update, because I couldn't get confirmation on any of the relevant numbers. How often does the NFLPA typically update it's salary records?

Usually takes a few days to make it from the press to NFLPA's site. However the bigger problem is getting access to NFLPA at all. They shut down the site hard a while back so it's difficult to get access these days. My account was shut out too, but as SS always says, "I have my sources".