fleetus wrote:Okay, hmm, not what everyone else is reporting...
Griffin ...agreed to lower his 2009 number to $1.334 million while receiving more money up front in a bonus and having a few more seasons tacked on to the end of his deal, which now runs through 2014 (it was supposed to end next season).
I haven't seen/heard the details of Griffin's new contract but as I said before I'm sure it will be structured like Carter and ARE's...
fleetus wrote:Andre Carter and ARE
Each player had a deal set to expire after 2012, but each will now run through 2015.
The Redskins will have to pick a $7,250,000 bonus before the start of the 2010 season if they don't Carter will be a URFA after 2010. Randle El's option bonus is $6,250,000. If they get cut after the 2009 season the dead money would be less than option bonus payouts
fleetus wrote:Okay, just today the NFL released that the cap unexpectedly jumped to 127M. With this new 4 MIL added today, we might have somewhere near the 10MIL in cap space, as noted by the Post today:
The Redskins still have one of the worst salary cap situations in the NFL. They could be roughly $10 million under the cap by restructuring a few more contracts and releasing a player such as veteran cornerback Shawn Springs
So where are you coming up with 14Mil?
You can say they have one of the worst salary cap situations in the NFL when 20 of 32 teams have $20M in cap space (as of last month), that's just someone that didn't feel like getting the real numbers
OK so they aren't $14,000,000 under the cap
Also the Redskins had a $1,063,000 adjustment from LTBE bonuses that Tyson Smith didn't hit. The Redskins actually started with a cap number of $128,063,000. When I posted earlier I stated that part of the money would be used for our RFA.
Golston, Montgomery and Suisham each received $1M tenders, Griff saying will more than likely be about $2,866,000 and not the $3M that is being reported
fleetus wrote:1niksder wrote:Taylor won't be cut, Haynesworth wants $30M guaranteed and to be the highest paid defensive player in the NFL. The Skins will be about $14 million under the cap tonight. They can offer him a 6 year $100M deal with $40 million guaranteed yet it would only eat up about $6.5 million in 2009 cap space, Hall is looking for about $15 million guaranteed that's a five year $60M deal but only around $4 million in 2009 cap space, $2M for the rookie pool and they are still $1.5M under, cut Springs and gain another $6 million under the 2009 cap.
How do you get 6 Mil (2009 cap hit) from a 6 year, 100 Million contract? A 40MIL bonus over 6 years is 7MIL per year GUARANTEED, ALL BY ITSELF, without even accounting for the annual salary. Is Fat Albert going to agree to a league minimum salary which would make his 2009 cap hit 7MIL???
You obviously don't understand how the cap works when dealing with the breakdown of contract dollars. I was going to break down Randle-El's contract so you might get a understanding of how it works. But since you want me to make one up, it will be a lot easier for you to get it.
The total value of the contract is $100 million over six years, like every other player hitting the market tonight Haynesworth is looking for a fat payday, I hear he's hoping to get $30-$35M in guarantee money. I went with $40 million because "the Danny" always overspends on the opening night of free agency and Hayneworth will be under contract by this time tomorrow.
The only guaranteed money in a NFL player's contract is the signing bonus money, so we'll start with that. $40,000,000 is about what he'll get considering he is welling to take less. I'm sure "the Danny" could cut him that $40M check and not think twice. A few years back he got hook on the split bonus way of doing deals. Basically he'll give him $20M this year and guarantees the balance next year (even if he's not on the team). The $20 million that he gets now will start counting against the cap, but is spread out over five years, so that's $4M from the first half of the bonus. When I originally posted the $6M cap hit for 2009, I was thinking his base salary would be around $2 million the first year, but with salary increases limited to 130% because this is the final capped year, he'll probably get a base closer to$2.5 million in 2009. So his cap hit will be $6.5 million this year. Now 2010 will be a totally different story. There will be the same $4M cap hit for the prorated bonus money that he got when he signed the contract. He'll more than likely have roster bonus of about $3M in years two and three and that will go down to around $1,000,000 over the last three years. With the proration of the second have of the signing bonus kicking in he'd have cap hit of $11,8500,000 in 2010, but Haynesworth will collect $23M before the season starts and his base salary would be $3.25M at the most. Throw in $1.5 million in performance bonuses in the last four years of the deal that increase by 50% each year. You can include workout bonuses of the same amounts over the same time frame nd your right around $94M over six years. Put the last $6.4 in the back end of the contract because by year four if he is still hitting all of the incentives his cap hit will be around $17M and they'll re-work it anyway.
fleetus wrote:All that said, we haven't even addressed how we fill the rest of our roster spots. We still have plenty of holes to fill and/or players to re-sign. But there isn't enough cap room for Haynesworth and even half of these players given the amount of money Haynesworth demands and the maximum of 10MIL cap space we have. How do you pay for D. Hall, Springs, Taylor, Kendall, Montgomery, Golston, a replacement for #53, a kicker, a punter and 4 drafted rookies all with 10MIL? If you release some of these players to make more room, who do you replace e them with? for how much? If you think there is room, let's here some details, please, but you better bring the figures because so far, your math does not add up.
First of all free agency doesn't start until midnight, secondly Montgomery, Golston and Suisham have been tendered so if they leave we'll get draft picks, third Springs and Taylor are under contract and are counted in my numbers if anything changes with them it will only add more cap space
fleetus wrote:Here's someone else who agrees with me:
one longtime league official with knowledge of Washington's cap problems said yesterday that he could not envision any scenario, even with creative cap management, in which the Redskins could make a big offer to Haynesworth, bring back Hall and bolster the offensive line in free agency.
Is this guy wrong too?
Sorry but I have to say he's wrong too, with three hours to go before the market opens the Skins have made tender offers to the player they want to retain, are still talking to Hall have start talks with DD and have $11.3M to play with and can still cut Springs if they Can get Hall to resign. Hall is looking for $15 million in guaranteed money and at most will cost $4.5 million in 2009, Yeah this guy is wrong too.
