Current Redskins Salary Cap Status - 2009

[GMScud]

Originally Posted by SFREDSKIN

Looks like our salary cap room is $7Million under.

Redskins Insider

According to Schneed10 and CrazyCanuk we're $11.1M under. I'll take their word over JLC 8 days a week.

[cobracai1]

Originally Posted by GMScud

According to Schneed10 and CrazyCanuk we're $11.1M under. I'll take their word over JLC 8 days a week.

I agree. JLC has definitely been off plenty of times (especially during this offseason) so there is no reason for me to believe he is right here. So far the Cap info on this site has been pretty close to dead on so I think until something concrete comes out showing we are indeed less under than we thought, we should assume we have around 11Million of space.

[That Guy]

I wish we had access to the nflpa database... cause all of these articles have vague interpretations or leave info out. that hogs piece gives the yearly salary and bonus prorations, but doesn't show where the monster 2013 cap hit is coming from (the base salary and bonus money WITH the option bonus still leave it 7mill short).

but between that and the extra 500k for golston, there's a possibility of ~3mill margin of error on the 2009 cap. but again, without a direct source of contract info, who knows...

[That Guy]

more info on dockery... which seems really weird:
The Dockery Contract - Redskins Insider

[Pocket$ $traight]

Originally Posted by That Guy

more info on dockery... which seems really weird:
The Dockery Contract - Redskins Insider

I was surprised by that as well. If he turns out to be an upgrade from Kendall, he is a steal...

[That Guy]

more on the haynesworth deal from a former skins cap guy:
INSIDE THE CAP with J.I. Halsell

[Ruhskins]

Originally Posted by That Guy

more on the haynesworth deal from a former skins cap guy:
INSIDE THE CAP with J.I. Halsell

Man, this is a cool picture.

[Pocket$ $traight]

Originally Posted by Ruhskins

Man, this is a cool picture.

It could use two improvements:

1) Burgandy and Gold jersey
2) #9 on the ground

[That Guy]

that makes it look like 7mill in 2009, then 8.8mill in 2010 (6base + 5/5 2009, 3.6base + 5/5 + 21/5 2010)

i guess that meshes the best and all the money seems to be accounted for there. which means (after the golston correction) we might have 11.5-12mill free?

after reading the dockery deal and the better haynesworth info i don't know how JLC came up with 7mill...

[53Fan]

Originally Posted by Pocket$ $traight

It could use two improvements:

1) Burgandy and Gold jersey
2) #9 on the ground

Hell Yeah!

[GusFrerotte]

Is 11 million enough to sign any decent FA offensive linemen and cover our draftees?

[CrazyCanuck]

Originally Posted by JLC

In the meantime, I figured I'd post the contract for the one offensive lineman they have signed, Derrick Dockery. Most interesting thing with this one is that there is no signing bonus. Zero. Zilch. No upfront money, which allowed them to keep the cap number low in 2009. However, it does include $8.2 million in guaranteed salaries between 2009-2011, so Dockery knows he will be getting that much for sure. Here's the breakdown of the contract:

Base Salary Cap Number
2009 - $3.2 million $3.2
2010 - $2.91 $4.16
2011 - $3.815 $5.065
2012 - $4.775 $6.025
2013 - $5.735 $6.985
Contract voids in 2014

Bonuses:
Dockery has a $1 million option bonus each year beginning in 2010
There are $250,000 workout bonuses in 2010, 2011 and 2012

Guarantees:
Dockery's 2009 salary is guaranteed, and $5 million of his 2010-2011 is guaranteed

Been analyzing this and it doesn't seem to make sense.

- NLFPA has Dock signed thru 2014. The contract can probably be voided before the 2014 season but it still counts for signing bonus allocation purposes.

- Why is Dock's cap hit $6.985 in 2013? His salary is $5,735. The $1M option bonus JLC mentions (really a roster bonus) brings his cap hit to $6,735. But he says there is no $250K workout bonus in 2013 so where is the $250K difference?

My guess is that Dock will receive a $5M signing bonus in 2010. This plus his $3.2M guaranteed 2009 salary accounts for the $8.2M guaranteed portion of the contract. The $5M signing bonus will be allocated $1M per year from 2010-2014. In addition he probably receives a $250K workout bonus each year of the deal starting in 2010. Using this model Dock's cap hits would match JLC's "base salary cap numbers".

[CrazyCanuck]

Ok I have made the following updates as per the latest articles posted above:

- Haynesworth $7.0M cap hit in 2009
- Dockery $3.2M cap hit in 2009
- Golston $1.545M 2nd round tender (up from $1.01M)
- Dirk Johnson $460K cap hit in 2009 (vet min)
- I still have Hall at $5.2M cap hit in 2009

With the above changes I have us at $12.27M of cap room.

[SC Skins Fan]

Originally Posted by That Guy

that makes it look like 7mill in 2009, then 8.8mill in 2010 (6base + 5/5 2009, 3.6base + 5/5 + 21/5 2010)

i guess that meshes the best and all the money seems to be accounted for there. which means (after the golston correction) we might have 11.5-12mill free?

after reading the dockery deal and the better haynesworth info i don't know how JLC came up with 7mill...

From his league source of course. Why do the work if you can call "someone" who can provide you with bad information!

[CRedskinsRule]

To give the benefit of the doubt to JLC, if you tack on a Rookie Pool amount of 2.5, and add Khary Campbell back, you are just about at 7, raise the Rookie Pool some and you are there. Personally I think it's just lazy math (you know 1 +1 is about 3, depending on how big an assumption you make)