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Posted: Tue Feb 14, 2012 1:23 pm
by Irn-Bru
Chris Luva Luva wrote:
Mike Shanahan has an idea about the kinds of players he wants and a list of specific names he plans to pursue. The Redskins' free-agent period will be well-funded, but it will also be focused and directed, which Redskins fans should appreciate. Something like last year's free agency for them, except with a focus primarily on offense instead of defense.


Am I the only person that needed a change of pants after reading that?!

The Redskins?? WITH A PLAN?! A VISION??! WHAT....!?!? LOL


:lol:

Shanny has done well. The question is whether they can execute at this next stage of the plan. But given the effectiveness of last year's FA acquisitions and draft, I'm hopeful.

Posted: Tue Feb 14, 2012 1:42 pm
by Deadskins
1niksder wrote:
riggofan wrote:
1niksder wrote:
riggofan wrote:Thanks for posting this. Can anybody explain what this "carry over cash" thing means? Is it something new in the CBA? I didn't really understand when I read it today.

Thanks!


Under the new CBA ( Article 13, Section 6(b)(v) ) teams can request to "carry over" all or a portion of unused cap space from the previous year and that amount will be added to the requesting teams upcoming year's Cap. They simply have to put the amount they want to use in writing and send it to the league office no later than 14 days before the start of the next league year, the new league year begins on March 13, the request must be submitted by February 28.



Hey thanks a lot for the explanation, much appreciated. I'm trying to wrap my head around this.

So let's say on March 13 the Redskins are $40m under the salary cap with contracts expiring. And they were $29m or whatever under the cap in 2011. This means they can add that $29m to 2012 and have $69m in cap space for the upcoming season?


Yep, that's how it works. They don't have to use all of it or any of it for that matter but whatever amount they want to use the have to tell the League within the next two weeks (2-28)


frankcal20 wrote:When does free agency actually start? Isn't it in March?


Teams are allowed to start signing free agents at 12AM on March 13

So, to follow up, in the future, when they have to use the 89%, is that on the full amount(including carry-over), or just the base cap. It must be the full amount, because why else wouldn't every team carry over as much as possible? Also, do you get to carry-over the carry-over? Say the cap was $120 million, and you carried over $20 million from the previous year, but only wound up spending $125 million. Would you then be able to carry over that unused $15 million to the next season?

Posted: Tue Feb 14, 2012 5:48 pm
by 1niksder
Deadskins wrote:So, to follow up, in the future, when they have to use the 89%, is that on the full amount(including carry-over), or just the base cap. It must be the full amount, because why else wouldn't every team carry over as much as possible? Also, do you get to carry-over the carry-over? Say the cap was $120 million, and you carried over $20 million from the previous year, but only wound up spending $125 million. Would you then be able to carry over that unused $15 million to the next season?


The carry over amount can become carry-over carry-over in any given year. The 89% "cap floor" kicks in for the 2013 season and will make carrying over carry over harder. The 89% min. doesn't mean the team has to use 89% of the cap space, it's about cold hard cash.

Let's say the salary cap is $125M this year and $130M next year (the cap won't be jumping $5M a year if it moves at all, I just like round figures when explaining something I'm still learning about), making the three year average $125M (it was $120M last year). 89% of that would be $111,250,000.00 that they would have spend in cash in 2013.

Now let's look at this as if it were 2013 with the current roster and cap situation. The Redskins have spent $90.4M in cap space for 2012 on 51 players but only $71.9M of it is cash spent.

Without the carry over cap space the Redskins would be $29.9M under the cap but $39.2M short of the min 89%.

Signing Fletcher to a four year deal for $25M total, with a $8M signing bonus, and a $2M base salary, would only add $4M to the salary cap but lower the amount of cash that needs to be spent by $10M

The carry over money allows teams to give more money up front and still keep the cap space down.

With the carry over money the Redskins can offer Fletcher a $4M signing bonus and $4M roster bonus. The cap hit would now be $7M but the same amount of cash spent, lowering cap space to be taken up in the future.

Back to real time....

Looking forward I can see higher Roster bonuses because of the new carry over rule, and the Cap not moving much from year to year.

Looking at 2013 the Skins are already have used up $77.6M in cap space, slotted to spend $63M towards th Cap floor.

Hope this helps...

Posted: Tue Feb 14, 2012 5:53 pm
by frankcal20
Any way you draw it up, I think it's going to be a fun and VERY interesting offseason for the Redskins. I think with this much cash and having 12 (i could be wrong) draft choices this year, we should be able to fill all of our needs to be very competitive in our division. If I'm addressing the FA market, here's where I'm spending my money:

1. QB
2. WR
3. RT/OG
4. ILB for depth
5. Corner for depth
6. QB - backup
7. Safety - Both positions

After that, I'm looking to the draft to fill other holes. I'm also open to packaging picks this year to move up in the draft to get players that I feel fit a need if I can't get a player in FA at the above.

Posted: Tue Feb 14, 2012 6:20 pm
by The Hogster
It is my understanding that the 89% floor applies to the stated cap for that league year, and doesn't not consider carried-over dollars.

Posted: Tue Feb 14, 2012 7:48 pm
by 1niksder
The Hogster wrote:It is my understanding that the 89% floor applies to the stated cap for that league year, and doesn't not consider carried-over dollars.


Carry-over space (there are no actual dollars), and Cap floor is not an annual requirement and not really the three year average as I was lead to believe it to be.

In actuality teams must spend at least 89% of the cap on average from 2013 through 2016, and from 2017 through 2020.

Signing bonuses get counted in the year they were paid, not spread out over the length of a lengthy contract. That may put a team over the cap (cash-wise) one year, and then way below the floor the next, but that is okay as long as the four-year average surpasses the 89% level.

Nothing changes as far as how the money is counted for the salary cap.