Our Salary Cap

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Our Salary Cap

Post by fredp45 »

Anyone know where we stand with our cap this year, how much of the $36 mil we covered this year and how much we have to cover next year? Do we have anyone we can cut to free up cap room to sign a RT or CB so we can draft the other next year in the 2nd round?

We have 2 players up for a new contract - F. Davis and Orakpo. Are we going to be too tight to sign a few OL?

Thanks
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Post by Deadskins »

Ever been to the main site in the last eight years, fred?
http://www.the-hogs.net/washington-redskins/salary.php
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Post by fredp45 »

So, how much of the $36 mil did we cover this year?

I know we had to cover $18 but I believe we covered more than that.
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Re: Our Salary Cap

Post by 1niksder »

Deadskins wrote:Ever been to the main site in the last eight years, fred?
http://www.the-hogs.net/washington-redskins/salary.php


The Cap page is actually showing $4.285M more than what the team has available.

fredp45 wrote:Anyone know where we stand with our cap this year,


They are $5,405,685 under the Cap


fredp45 wrote:how much of the $36 mil we covered this year and how much we have to cover next year?


The Redskins took a $18,553,000 hit this year due to "CapGate", so roughly $17,447,000 is due next year


fredp45 wrote: Do we have anyone we can cut to free up cap room to sign a RT or CB so we can draft the other next year in the 2nd round?


The Redskins have 38 players under contract for 2013 costing just under $100M in Cap space, assuming the cap stays the same ($120.6M) the Skins have about $4M in carryover, $18M due to close out capgate and $1.8M in dead money... that's basically a starting point of about $105,637,000 with $101,673,000 spent and 15 players short.

D. Hall's release would free up $8M in cap space and would less than $500K in dead money, S. Moss would free up $4.65M after $1.67M in dead money, L. Flecther would free up $4.8M with only $700K in dead money. reworking any of these players contract would free about 80% of what releasing them would and the dead money would be the same. I'm assuming J. Brown will be gone before any of theses guys which will save almost $2M in space but will take up almost $5M in dead money


fredp45 wrote:We have 2 players up for a new contract - F. Davis and Orakpo. Are we going to be too tight to sign a few OL?


Davis can be tagged again if the need to, if Davis signs it he'll make $6.48M next year, Orakpo is under contract for the 2013 season.
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Post by HarleyHog »

And if we could rework Cundiff's contract to be performance based, we could free up another $450,000 (1/4 of what he's making.) Maybe Gano should have been kept.
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Post by 1niksder »

HarleyHog wrote:And if we could rework Cundiff's contract to be performance based, we could free up another $450,000 (1/4 of what he's making.) Maybe Gano should have been kept.


Condiff only makes $540K this year and isn't under contract next year. As a vet with more than 4 years service he'll get his full salary regardless if they cut him or not.

Gano lacked confidence in Gano... that's why he's gone. Regardless what MS says was the reason for Condiff being brought in, it was Gano's lack of confidence that got him canned. Go back and listen to when MS would defend Gano and you'll see what I'm talking about... Shanny always called him a young kicker and talking about how they were trying to build his confidence.
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Re: Our Salary Cap

Post by Irn-Bru »

1niksder wrote:
Deadskins wrote:Ever been to the main site in the last eight years, fred?
http://www.the-hogs.net/washington-redskins/salary.php


The Cap page is actually showing $4.285M more than what the team has available.

fredp45 wrote:Anyone know where we stand with our cap this year,


They are $5,405,685 under the Cap


fredp45 wrote:how much of the $36 mil we covered this year and how much we have to cover next year?


The Redskins took a $18,553,000 hit this year due to "CapGate", so roughly $17,447,000 is due next year


fredp45 wrote: Do we have anyone we can cut to free up cap room to sign a RT or CB so we can draft the other next year in the 2nd round?


The Redskins have 38 players under contract for 2013 costing just under $100M in Cap space, assuming the cap stays the same ($120.6M) the Skins have about $4M in carryover, $18M due to close out capgate and $1.8M in dead money... that's basically a starting point of about $105,637,000 with $101,673,000 spent and 15 players short.

D. Hall's release would free up $8M in cap space and would less than $500K in dead money, S. Moss would free up $4.65M after $1.67M in dead money, L. Flecther would free up $4.8M with only $700K in dead money. reworking any of these players contract would free about 80% of what releasing them would and the dead money would be the same. I'm assuming J. Brown will be gone before any of theses guys which will save almost $2M in space but will take up almost $5M in dead money


fredp45 wrote:We have 2 players up for a new contract - F. Davis and Orakpo. Are we going to be too tight to sign a few OL?


Davis can be tagged again if the need to, if Davis signs it he'll make $6.48M next year, Orakpo is under contract for the 2013 season.



1nik the pac ziw strikes again. Thanks for the breakdown!
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Re: Our Salary Cap

Post by SkinsJock »

Irn-Bru wrote: 1nik the pac ziw strikes again. Thanks for the breakdown!


:lol: I'll second that noitom
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Post by riggofan »

1niksder wrote:Gano lacked confidence in Gano... that's why he's gone. Regardless what MS says was the reason for Condiff being brought in, it was Gano's lack of confidence that got him canned. Go back and listen to when MS would defend Gano and you'll see what I'm talking about... Shanny always called him a young kicker and talking about how they were trying to build his confidence.


I've heard that said about Gano/Cundiff a few times on the radio this week. Word is that they like Cundiff because he's a little bit cocky. (Which is pretty hilarious after that performance on Sunday.)

That was a pretty sharp breakdown of the current cap numbers, 1niksder. Thanks!
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Re: Our Salary Cap

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Irn-Bru wrote: 1nik the pac ziw strikes again. Thanks for the breakdown!

Wouldn't that be ziw pac?
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Post by aswas71788 »

I am all for releasing D. Hall at the end of the year. We can get someone just as good or better for a lot less. Either that or he should take the salary cut he suggested last year.
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Post by fredp45 »

1nik

Thanks a lot. If we don't spend the $5.4 mil in cap space this year won't that be applied to the $36 mil and reduce the $17.4 to $12??
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Post by 1niksder »

fredp45 wrote:1nik

Thanks a lot. If we don't spend the $5.4 mil in cap space this year won't that be applied to the $36 mil and reduce the $17.4 to $12??


Yes it will be carried over, I've been guesstimating a $4M carry over.
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Re: Our Salary Cap

Post by 1niksder »

1niksder wrote:
fredp45 wrote:Anyone know where we stand with our cap this year,


They are $5,405,685 under the Cap



This is based on the Redskins having a Adjusted Cap number of $117,137,000... According to PFT (whose numbers generally match mine during the season but be way off in the off season) I didn't make enough adjustments or missed something




So my adjusted answer to your question is....

1niksder wrote:
fredp45 wrote:Anyone know where we stand with our cap this year,


They are $4,168,685 under the Cap



Now to find out why/how they lost $1.237M that I didn't know about :evil:
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Post by fredp45 »

was it the signing of Ryan Grant maybe?
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Post by 1niksder »

fredp45 wrote:was it the signing of Ryan Grant maybe?


Grant got 1 year $700,000 and had been accounted for.

I'll post in this thread where it went to when I find it
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Post by fredp45 »

No need to do a lot of work for me. Thanks
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Post by 1niksder »

Not work it's what we do for the site, got it all on one spreadsheet. So if you or any other member has a question, the answer can be found here if the question is asked.

Hope we helped. :up:
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Post by Smithian »

People need to remember the cap hit when complaining about weaknesses in the secondary and offensive line.

This cap hit is extremely frustrating. Really set the Skins back quite a way when it comes building up this team. It forced Bruce Allen to throw together patchwork depth in a couple spots.
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Post by skinsfan#33 »

1niksder wrote:
fredp45 wrote:was it the signing of Ryan Grant maybe?


Grant got 1 year $700,000 and had been accounted for.

I'll post in this thread where it went to when I find it

since he wasn't on the team for the first three games does that mean he earns 13/16th of the 700k or is that already adjusted for the partial season?
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Post by skinsfan#33 »

1niksder wrote:
fredp45 wrote:was it the signing of Ryan Grant maybe?


Grant got 1 year $700,000 and had been accounted for.

I'll post in this thread where it went to when I find it

since he wasn't on the team for the first three games does that mean he earns 13/16th of the 700k or is that already adjusted for the partial season?
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Post by 1niksder »

$18K was removed from his deal to account for the first 3 weeks
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Post by fredp45 »

I'm back at this again......

...everything I read says we have to absorb an $18 mil cap hit this year, as if our unused 12 cap (say $3.5 mil) doesn't apply against the 13 cap. I thought the orginial ruling was $36 mil and we had to absorb AT LEAST 18 mil last year, which we did. I argue we absored $18 plus the $3.5 -- am I wrong about the wording of the ruling or on the numbers, anyone know for sure?
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Post by 1niksder »

fredp45 wrote:I'm back at this again......

We're still here... :D

fredp45 wrote:...everything I read says we have to absorb an $18 mil cap hit this year, as if our unused 12 cap (say $3.5 mil) doesn't apply against the 13 cap. I thought the orginial ruling was $36 mil and we had to absorb AT LEAST 18 mil last year, which we did. I argue we absored $18 plus the $3.5 -- am I wrong about the wording of the ruling or on the numbers, anyone know for sure?


You're reading, poor writing...

The Redskins have to account for the remaining $18M from the $36M cap penalty and they HAD $4.27M in carryover space. So $13.73M has been removed from the projected cap figure of $121.1M giving the Redskins a adjusted Cap figure for 2013 of $107.37M. Same thing happened last year when the $120.6M cap was adjusted to $116.45M due to $13.59M in 2011 carryover space.

Carryover cap space will have accounted for $17.86M of the penalty when all is said and done.


UPDATE

With 56 players under contract here are the Redskins Cap numbers

2013 Salary Cap... $121,100,000
Carryover... $4,270,000
CapGate... -$18,000,000
Adjusted Cap Number ...$107,370,000


Cash Floor... $107,779,000
Cash to spend... $26,253,000

Rule Of 51,,, $106,001,750
2013 Dead Cap,,, $5,210,000
Cap Space Spent,,, $111,211,750

Space Available -$3,841,750
Last edited by 1niksder on Sat Feb 23, 2013 3:49 pm, edited 1 time in total.
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