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Posted: Sun Mar 06, 2005 3:38 am
by Scottskins
1niksder wrote::hmm: How are we in cap hell
If we were in cap hell a WR with a $9M cap number could walk into Gibbs office and say "I want to be released, I can't play here anymore. I know I have a big cap number but I'll give back $5M if you will release me" This would have made Coles cap hit in 2005 around $4.2M this year and he'd have his freedom. If Coles hadn't wanted to leave his cap number would have been $3.3M
The Skins (not being in cap hell) not wanting any player here that doesn't want to be here say's. You want to go? you got to go, but we want more than a bonus that we've already accounted for. A team in or headed for Cap Hell can't/won't take a $9,000,000 cap hit without cost(maybe Pierce was the price). But we did get something for him and Moss/Patten actually gives us more speed outside.
There will be no cap hell.... heres why
When Marty was here he cut as much fat as he could but it left a lot of dead money on the cap for years that is slowly evening out ($10.25 in '04 and $7.02 in 05) that future dead cap space is what you get when you hire 1 hit wonders. Look at the guys that came in when Marty was here verses the one that came in when SOS was the coach. (This isn't really fair ...Marty was "the defacto GM" and Steve was the "the ole ball coach")
Gibbs has started cutting fat also but he isn't going to leave a lot of dead money laying around. He has a set scale that he is willing to pay for a given player and he won't go beyond that. Thats Cap management.
People wondered how Gibbs would handle the Salary Cap era and now he's right in the thick of it.
I knew a little about the cap and understand it a lot better now thanks to this site. From what I can figure using numbers that did not include recent deals (Patten, Rabach, Marshall,Albright and others).... The Salary cap for 06 is projected around $100M (I don't think it will be that high) and on Feb 27th the Skin's projected cap # for 06 was $108M
(that wouldn't be cap hell a team could restucture $9-$10 million easy) But the move this past week will effect next years Cap....The contracts that were restructured this year total about $25M in cap money next year(Jon Janson $5.2M... Randy Thomas $4.5M...Reynaldo Wynn $4.5 ....C Sam $11.3)shaving a thrid off(to be conservative) and that's over $8M and would have us going into this season under the cap. Add another $2M for the players that were cut this week but figured into the cap. That would put us at around $98M. and we will eat the whole $9M for Coles this year but can scracth another $6.85 off the original cap number for 06
If there is a Cap Hell "the Danny" is immune
great insight 1nik. You've learnt your lessons well grasshopper...
But, I believe the cap will be 100 million
It's projected to be 100 million, and the past projections have been pretty much right on. Fingers crossed anyway =)
Posted: Sun Mar 06, 2005 4:49 am
by die cowboys die
i got the impression that the $9M cap hit from trading coles ate up most of that $9.6M cap space. the ESPN figures are from friday, the trade didn't happen til saturday. if that's the case, we're going to have to make some more cuts or restructure some more contracts just to sign our draft picks, let alone any other free agents.
anyone know for sure where we're at after the coles/moss trade?
Posted: Sun Mar 06, 2005 7:13 am
by Irn-Bru
1niksder wrote:If there is a Cap Hell "the Danny" is immune
I think that you're right, 1niksder. There is a cap hell, because every year or so some team has to (nearly) dismantle themselves because of player's salaries. Take, for instance, the Ravens after their Superbowl, or the Titans this season.
But, for whatever reason, the Redskins (for all the big name short contracts that they signed) have never had to "pay" for it in that sense. Perhaps Snyder isn't quite the big spender that the media has made him out to be, then?
Or he's just immune. . .
Posted: Sun Mar 06, 2005 11:49 am
by 1niksder
Scottskins wrote:great insight 1nik. You've learnt your lessons well grasshopper...
Afetr my next 2 lessons (LTBE incentives that aren't earned and what will the impact of the uncap yaer(s)) I'll probaly be
all over again
Big thanks to the Temple Monks
Posted: Sun Mar 06, 2005 12:11 pm
by hkHog
FanfromAnnapolis wrote:1niksder wrote:If there is a Cap Hell "the Danny" is immune
I think that you're right, 1niksder. There is a cap hell, because every year or so some team has to (nearly) dismantle themselves because of player's salaries. Take, for instance, the Ravens after their Superbowl, or the Titans this season.
But, for whatever reason, the Redskins (for all the big name short contracts that they signed) have never had to "pay" for it in that sense. Perhaps Snyder isn't quite the big spender that the media has made him out to be, then?
Or he's just immune. . .
I say he's immune, he's just a good business man. Snyder just has some smart lawyers and accountants and generally has good relationships with agents and his players (he is always willing to give them a lot of money) and so they are often willing to restructure. I totally trust Danny running the business side of things and I think that he does this extremely well. As long as he stays out of personnel decisions he is a great owner.
What makes me think this even more is that the Titans, for example, are in cap hell EVERY year. I never see anyone criticizing them for overspending and such and yet it is an annual problem for them. I just think that their organization is totally incompetent when it comes to drafting contracts and massaging the cap.
Posted: Sun Mar 06, 2005 3:08 pm
by fredp45
die cowboys die --
I'm guessing the Coles/Moss trade only ate up 5.4 of the 9 mil. He was gonna count 3 or 3.5 mil anyway, and that was factored in the calculation of 9mil left...does that make any sense?
We probably have around 4 mil to spend...
Posted: Sun Mar 06, 2005 3:16 pm
by hkHog
fredp45 wrote:die cowboys die --
I'm guessing the Coles/Moss trade only ate up 5.4 of the 9 mil. He was gonna count 3 or 3.5 mil anyway, and that was factored in the calculation of 9mil left...does that make any sense?
We probably have around 4 mil to spend...
Yes, can anyone (Boss?) give a somewhat accurate update on our cap situation after the trade? I guess Moss will be offered a new contract so this may change very soon but I'm very curious about this.
Posted: Sun Mar 06, 2005 4:05 pm
by fredp45
hkhog -
Even if we give Moss a new contract, it won't cost us much against the cap, this year..it will be back-end loaded, for sure. That's one of the huge benefits of getting rid of Coles and letting his cap hit be in 05...Moss will be cap friendly in 05 & 06. Hopefully, the SB is reasonable...not 13 mil, like we gave Coles. That's just too much money for Moss...
What I'd like to see him get from us -- something like a 5 year contract, 7-8 mil SB, minimum salary in 05, 1.5 mil in 06, 2.5-3 mil in 07, and 4-5 in 08 & 09. By 08, we either redo it or cut him, depending on his production. I just don't see him getting what Mason, Coles, T Owens, R Moss, etc...get. He's a step down from those guys.
Posted: Mon Mar 07, 2005 10:09 am
by JansenFan
I don't have the figures or calculations, but after the trade, we only have around 2 million left, according to Sportstalk980.
Posted: Mon Mar 07, 2005 11:42 am
by 1niksder
JansenFan wrote:I don't have the figures or calculations, but after the trade, we only have around 2 million left, according to Sportstalk980.
Thanks JF
I been trying to track it, I guess I missed about $1.5M somewhere. I keep hearing $2M but keep coming up with $350K-$475K
It's great being wrong
this time